Nonprofit · EIN 41-0133918
AUSTIN CHAMBER OF COMMERCE
Tax-exempt · AUSTIN, MN 55912
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $515,508 | $480,717 | $34,791 | $205,366 | $169,361 | $36,005 |
| December 31, 2023 | 990 | $482,616 | $513,130 | -$30,514 | $243,657 | $232,720 | $10,937 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $161,985
- of which government grants
- $25,000
- Program service revenue
- $338,275
- Investment income
- $15,248
- Net gain from sales of assets
- $11,380
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $92,017
- Other salaries and wages
- $128,810
- Salaries, compensation and benefits (total)
- $261,750
- Professional fundraising fees
- $0
- Occupancy
- $35,281
- Depreciation
- $2,316
- Program services (functional)
- $237,718
- Management and general (functional)
- $159,575
- Fundraising (functional)
- $83,424
Balance sheet and other
- Total assets, start of year
- $243,657
- Total assets, end of year
- $205,366
- Total liabilities, end of year
- $169,361
- Net assets, end of year
- $36,005
- Land, buildings and equipment
- $37,250
- Publicly traded securities
- $58,180
- Net assets without donor restrictions
- $36,005
- Gross unrelated business income
- $225
- Gross receipts
- $515,508
- Employees
- 6
- Volunteers
- 75
- Year formed
- 1940
- 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 |
|---|---|---|---|
| ELAINE HANSEN | PAST PRESIDENT Trustee or director | 40 | $47,417 |
| JOSEPH BOWER | PRESIDENT Trustee or director | 40 | $44,600 |
| ROBERT HARTMAN | CHAIR Trustee or director, Officer | 2 | $0 |
| JUSTIN AKKERMAN | PAST CHAIR Trustee or director, Officer | 2 | $0 |
| KRIS HEICHEL | VICE-CHAIR Trustee or director, Officer | 2 | $0 |
| HEATHER WAGNER | TREASURER Trustee or director, Officer | 2 | $0 |
| MIKE CLAUSMAN | DIRECTOR Trustee or director | 1 | $0 |
| NICK HAIDAR | DIRECTOR Trustee or director | 1 | $0 |
| ISRAEL GONZALES | DIRECTOR Trustee or director | 1 | $0 |
| TARA KRUMM | DIRECTOR Trustee or director | 1 | $0 |
| TODD NIERENGARTEN | DIRECTOR Trustee or director | 1 | $0 |
| MARK NIBAUR | DIRECTOR Trustee or director | 1 | $0 |
| ED FINNEGAN | DIRECTOR Trustee or director | 1 | $0 |
| JACOB SMITH | DIRECTOR Trustee or director | 1 | $0 |
| EMILY TOLAND | DIRECTOR Trustee or director | 1 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATTY TEWES | DIRECTOR Trustee or director | 1 | $0 |
| KAREN WOLF | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELAINE HANSEN | President Trustee or director, Officer | 40 | $83,000 |
| SCOTT FOX | PAST CHAIR Trustee or director, Officer | 2 | $0 |
| NAN HANEGRAAF | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| JOSEPH BOWER | CHAIR Trustee or director, Officer | 2 | $0 |
| KRIS HEICHEL | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| MARK NIBAUR | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| ROBERT HARTMAN | Treasurer Trustee or director, Officer | 2 | $0 |
| JUSTIN AKKERMAN | 1ST VICE-CHAIR Trustee or director, Officer | 2 | $0 |
| DANIELLE MOREM | Director Trustee or director | 1 | $0 |
| HEATHER WAGNER | Director Trustee or director | 1 | $0 |
| ISRAEL GONZALEZ | Director Trustee or director | 1 | $0 |
| JACOB SMITH | Director Trustee or director | 1 | $0 |
| KAREN WOLF | Director Trustee or director | 1 | $0 |
| KARI POLLAK | Director Trustee or director | 1 | $0 |
| JENNA HERZOG | Director Trustee or director | 1 | $0 |
| MIKE CLAUSMAN | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 329 N MAIN ST STE 102, AUSTIN, MN 55912-3478
- Signed the 990
- JOSEPH BOWER, President
- Phone
- (507) 437-4561
- Website
- WWW.AUSTINCOC.COM
- Return prepared by
- Accurant LLC
Mission
TO PROMOTE THE ECONOMIC, CIVIL, INDUSTRIAL AND CULTURAL GROWTH OF AUSTIN, MINNESOTA AND THE SURROUNDING AREA.
Program accomplishments
- TO PROMOTE ECONOMIC, CIVIL, INDUSTRIAL AND CULTURAL GROWTH OF AUSTIN, MINNESOTA AND THE SURROUNDING AREA.Expenses $237,718 · revenue $338,275
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
- 41-0133918
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1945
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $205,366
- Income (IRS master file)
- $515,508
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $515,508 | $480,717 | $205,366 | IRS |
| 990 | December 2023 | $482,616 | $513,130 | $243,657 | XML |
| 990 | December 2022 | $502,962 | $544,461 | $272,251 | 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 41-0133918).
Questions about AUSTIN CHAMBER OF COMMERCE
- What is the EIN of AUSTIN CHAMBER OF COMMERCE?
- The employer identification number (EIN) of AUSTIN CHAMBER OF COMMERCE is 41-0133918.
- Is AUSTIN CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1945.
- Are donations to AUSTIN CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does AUSTIN 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 AUSTIN 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 AUSTIN 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 are the officers and directors of AUSTIN CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 lists 17 people; 2 received compensation from the organization, the highest $47,417 (ELAINE HANSEN, PAST PRESIDENT).
- How much revenue does AUSTIN CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $515,508, expenses of $480,717 and total assets of $205,366 at year end.
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- ST MARKS LUTHERAN HOME EIN 41-0859697 · last filed 990 for 2025
- SACRED HEART CARE CENTER INC EIN 41-1390349 · last filed 990 for 2025
- RIVERLAND COMMUNITY COLLEGE FOUNDATION EIN 41-1286409 · last filed 990 for 2025
- YOUNG MENS CHRISTIAN ASSOCIATION EIN 41-0718359 · last filed 990 for 2025