Nonprofit · EIN 36-3557154
EXCELSIOR LAKE MINNETONKA CHAMBER OF COMMERCE
Tax-exempt · EXCELSIOR, MN 55331
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $278,272 | $282,405 | -$4,133 | $22,945 | $0 | $22,945 |
| December 31, 2023 | 990 | $239,061 | $235,346 | $3,715 | $48,971 | $0 | $48,971 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,046
- Program service revenue
- $104,166
- Investment income
- $1,522
- Net income from fundraising events
- $170,538
- Other revenue
- $170,538
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $111,000
- Other salaries and wages
- $56,331
- Salaries, compensation and benefits (total)
- $185,754
- Professional fundraising fees
- $0
- Accounting fees
- $24,990
- Occupancy
- $7,395
- Travel
- $583
Balance sheet and other
- Total assets, start of year
- $48,971
- Total assets, end of year
- $22,945
- Total liabilities, end of year
- $0
- Net assets, end of year
- $22,945
- Gross receipts
- $514,038
- Employees
- 3
- Volunteers
- 111
- Year formed
- 1997
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIFFANY KING | EXECUTIVE DI Officer | 40 | $111,000 |
| CHERYL HOLDS | CHAIR Trustee or director, Officer | 1 | $0 |
| REID NELLES | TREASURER Trustee or director, Officer | 1 | $0 |
| LAURIE LARSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| CATHY KEEFE | CHAIR-ELECT Trustee or director | 1 | $0 |
| CHRISTA ANDERSON | DIRECTOR Trustee or director | 1 | $0 |
| SEAN WENHAM | DIRECTOR Trustee or director | 1 | $0 |
| GREG MCCURRY | DIRECTOR Trustee or director | 1 | $0 |
| KATE BOTTINGER | DIRECTOR Trustee or director | 1 | $0 |
| DANIELLE RILEY | DIRECTOR Trustee or director | 1 | $0 |
| RYAN HOOGENAKKER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIFFANY KING | EXECUTIVE DI Officer | 40 | $89,500 |
| CHERYL HOLDS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| GARY RINGATE | PRESIDENT EL Trustee or director | 1 | $0 |
| REID NELLES | IMMEDIATE PA Trustee or director | 1 | $0 |
| MARK KOZIKOWSKI | TREASURER Trustee or director, Officer | 1 | $0 |
| LAURIE LARSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| CATHY KEEFE | DIRECTOR Trustee or director | 1 | $0 |
| RYAN HOOGENAKKER | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT SEARLE | DIRECTOR Trustee or director | 1 | $0 |
| MAURA STUDER | DIRECTOR Trustee or director | 1 | $0 |
| SEAN WENHAM | DIRECTOR Trustee or director | 1 | $0 |
| DANIELLE RILEY | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 277, EXCELSIOR, MN 55331-0277
- Principal officer (990 for 2024)
- TIFFANY KING, PO BOX 277, EXCELSIOR, MN 55331
- Signed the 990
- TIFFANY KING, EXECUTIVE DIRECTOR
- Phone
- (952) 686-6046
- Return prepared by
- MYSLAJEK KEMP & SPENCER LTD
Mission
TO PROMOTE COMMERCE, RETAIL AND SERVICE BUSINESS, TO INCREASE PROSPERITY, TO ADVANCE THE GENERAL WELFARE OF THE LOCAL BUSINESS COMMUNITY AND TO ACQUIRE AND DISSEMINATE USEFUL BUSINESS INFORMATION.
Program accomplishments
- THE EXCELSIOR-LAKE MINNETONKA CHAMBER OF COMMERCE HOSTED NUMEROUS EVENTS DURING 2024 BENEFITING LOCAL BUSINESS OWNERS AND MEMBERS OF THE CHAPTER. THESE SUCCESSFUL EVENTS INCLUDED LUCK O' THE LAKE, THE BLACK GOWN GALA, EXCELSIOR ART ON THE LAKE, LAKE MINNETONKA 4TH OF JULY, APPLE DAYS AND THE EXCELSIOR-LAKE MINNETONKA CHAMBER GOLF TOURNAMENT. LOCAL BUSINESSES AS WELL AS INDIVIDUAL ATTENDEES BENEFIT FROM THE EVENTS PLANNED AND ORGANIZED BY THE EXCELSIOR-LAKE MINNETONKA CHAMBER OF COMMERCE. THE TOTAL ATTENDENCE OF SPONSORED EVENTS APPROXIMATED 35,000 DURING THE 2024 CALENDAR YEAR. THE CHAMBER ALSO HAD 196 MEMBERS BY YEAREND.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3557154
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $22,945
- Income (IRS master file)
- $514,038
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $278,272 | $282,405 | $22,945 | XML |
| 990 | December 2023 | $239,061 | $235,346 | $48,971 | XML |
| 990 | December 2022 | $153,116 | $172,381 | $53,970 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 36-3557154).
Questions about EXCELSIOR LAKE MINNETONKA CHAMBER OF COMMERCE
- What is the EIN of EXCELSIOR LAKE MINNETONKA CHAMBER OF COMMERCE?
- The employer identification number (EIN) of EXCELSIOR LAKE MINNETONKA CHAMBER OF COMMERCE is 36-3557154.
- Is EXCELSIOR LAKE MINNETONKA CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1988.
- Are donations to EXCELSIOR LAKE MINNETONKA CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does EXCELSIOR LAKE MINNETONKA CHAMBER OF COMMERCE 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 EXCELSIOR LAKE MINNETONKA CHAMBER OF COMMERCE 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 EXCELSIOR LAKE MINNETONKA CHAMBER OF COMMERCE 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 EXCELSIOR LAKE MINNETONKA CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 names TIFFANY KING.
- Who are the officers and directors of EXCELSIOR LAKE MINNETONKA CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $111,000 (TIFFANY KING, EXECUTIVE DI).
- How much revenue does EXCELSIOR LAKE MINNETONKA CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $278,272, expenses of $282,405 and total assets of $22,945 at year end.
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- ANDERSON FAMILY FOUNDATION EIN 84-4009058 · last filed 990-PF for 2024
- ACCREDITATION COMMISSION FOR ACUPUNCTURE AND ORIENTAL MEDICINE EIN 52-1353469 · last filed 990 for 2024
- MINNETONKA BASEBALL ASSOCIATION EIN 80-0465507 · last filed 990 for 2025
- RJW FOUNDATION EIN 41-1858383 · last filed 990-PF for 2025
- GRACE FOUNDATION EIN 90-1035327 · last filed 990-PF for 2025