Skip to main content

Nonprofit · EIN 36-3319497

OWATONNA AREA CHAMBER FOUNDATION

Tax-exempt · OWATONNA, MN 55060

Financials

$374K$158K2023$407K$206K2024
Revenue Expenses · by fiscal year end
Financials of OWATONNA AREA CHAMBER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$407,304$205,524$201,780$821,071$0$821,071
December 31, 2023990$374,223$157,590$216,633$619,291$0$619,291
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$406,039
Program service revenue
$0
Investment income
$1,265
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$1,706
Travel
$4,006
Program services (functional)
$183,087
Management and general (functional)
$22,437

Balance sheet and other

Total assets, start of year
$619,291
Total assets, end of year
$821,071
Total liabilities, end of year
$0
Net assets, end of year
$821,071
Net assets without donor restrictions
$94,557
Net assets with donor restrictions
$726,514
Gross receipts
$407,304
Employees
0
Volunteers
14
Year formed
1986
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SYD BRIGGSMEMBER
Trustee or director
1$0
NATHAN DOTSONMEMBER
Trustee or director
1$0
RHONDA GUTHIERMEMBER
Trustee or director
1$0
MIKE HERMANMEMBER
Trustee or director
1$0
GREG KRUEGERMEMBER
Trustee or director
1$0
OSCAR MAZARIEGOMEMBER
Trustee or director
1$0
JULIE M RETHEMEIERMEMBER
Trustee or director
1$0
ANDREW COWELLTREASURER
Officer
1$0
DEB GILLARDVICE CHAIR
Officer
1$0
BRAD MEIERSECRETARY
Officer
1$0
WAYNE STARMANCHAIR
Officer
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
KELLY BOOMGARDENMEMBER
Trustee or director
1$0
SYD BRIGGSMEMBER
Trustee or director
1$0
GREG DKRUEGERMEMBER
Trustee or director
1$0
NATHAN DOTSONMEMBER
Trustee or director
1$0
RHONDA GUTHIERMEMBER
Trustee or director
1$0
MIKE HERMANMEMBER
Trustee or director
1$0
JULIE M RETHEMEIERMEMBER
Trustee or director
1$0
WAYNE STARMANCHAIR
Trustee or director
1$0
TODD TROUTMEMBER
Trustee or director
1$0
ANDREW COWELLTREASURER
Officer
1$0
BRAD MEIERSECRETARY
Officer
1$0

Address and contacts

Address (IRS master file)
120 S OAK AVE, OWATONNA, MN 55060-2944
Principal officer (990 for 2024)
WAYNE STARMAN
Signed the 990
WAYNE STARMAN, CHAIR
Phone
(507) 451-7970
Return prepared by
STRUSS CPAS PC

Mission

TO SOLICIT, COLLECT, RECEIVE, ACCUMULATE, ADMINISTER AND DISBURSE FUNDS IN SUCH A MANNER AS WILL IN THE SOLE DISCRETION OF THE BOARD OF DIRECTORS, MOST EFFECTIVELY OPERATE TO FURTHER CHARTITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES, TO MAKE CONTRIBUTIONS TO ANY ORGANIZATION DESCRIBED IN 501(C)(3)OF THE INTERNAL REVENUE CODE,WITH THE EXCEPTION OF ORGANIZATIONS TESTING FOR PUBLIC SAFETY.

990 for the year ended December 31, 2024

Program accomplishments

  • BEAUTIFY DOWNTOWN OWATONNA.
    Expenses $20,408 · revenue $15,066
  • COMMUNITY LEADERS
    Expenses $14,001 · revenue $19,865
  • PATRIOT SKIES
    Expenses $25,478 · revenue $16,199
  • VARIOUS OTHER PROGRAMS THAT SUPPORT THE ORGANIZATION'S MISSION.
    Expenses $123,199

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-3319497
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1984
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$821,071
Income (IRS master file)
$407,304

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$407,304$205,524$821,071XML
990December 2023$374,223$157,590$619,291XML
990December 2022$317,973$108,726$402,658IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3319497).

Questions about OWATONNA AREA CHAMBER FOUNDATION

What is the EIN of OWATONNA AREA CHAMBER FOUNDATION?
The employer identification number (EIN) of OWATONNA AREA CHAMBER FOUNDATION is 36-3319497.
Is OWATONNA AREA CHAMBER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to OWATONNA AREA CHAMBER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OWATONNA AREA CHAMBER FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OWATONNA AREA CHAMBER FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OWATONNA AREA CHAMBER FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of OWATONNA AREA CHAMBER FOUNDATION?
The 990 for the year ended December 31, 2024 names WAYNE STARMAN.
Who are the officers and directors of OWATONNA AREA CHAMBER FOUNDATION?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does OWATONNA AREA CHAMBER FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $407,304, expenses of $205,524 and total assets of $821,071 at year end.

Other nonprofits in OWATONNA

All nonprofits in OWATONNA · Minnesota