Nonprofit · EIN 41-0237425
ELY CHAMBER OF COMMERCE
Tax-exempt · ELY, MN 55731
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $237,425 | $294,876 | -$57,451 | $185,572 | $129,126 | $56,446 |
| June 30, 2024 | 990 | $224,560 | $315,202 | -$90,642 | $214,282 | $118,388 | $95,894 |
| June 30, 2023 | 990 | $194,126 | $343,010 | -$148,884 | $318,794 | $132,857 | $185,937 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $65,376
- Membership dues
- $65,376
- Program service revenue
- $153,133
- Investment income
- $1,296
- Other revenue
- $17,620
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $89,839
- Salaries, compensation and benefits (total)
- $105,080
- Professional fundraising fees
- $0
- Accounting fees
- $1,826
- Occupancy
- $14,025
- Depreciation
- $1,316
Balance sheet and other
- Total assets, start of year
- $214,282
- Total assets, end of year
- $185,572
- Total liabilities, end of year
- $129,126
- Net assets, end of year
- $56,446
- Land, buildings and equipment
- $2,564
- Net assets without donor restrictions
- $56,446
- Gross unrelated business income
- $31,175
- Gross receipts
- $237,425
- Employees
- 3
- Volunteers
- 50
- Year formed
- 1959
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EVA SEBESTA | EXECUTIVE DIRECTOR Trustee or director | 40 | $44,806 |
| NICHOLAS MATHIOWETZ | DIRECTOR Trustee or director | 1 | $0 |
| TANNER SPICER | DIRECTOR Trustee or director | 1 | $0 |
| DAVE SEBESTA | PRESIDENT-CHAIR Trustee or director, Officer | 1 | $0 |
| GEORGE POND | 1ST VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| JODI MARTIN | 2ND VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| KRIS WINKELMAN | TREASURER Trustee or director, Officer | 1 | $0 |
| DAFNE CARUSO | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EVA SEBESTA | EXECUTIVE DIRECTOR Trustee or director | 40 | $47,500 |
| NICHOLAS MATHIOWETZ | DIRECTOR Trustee or director | 1 | $0 |
| TANNER SPICER | DIRECTOR Trustee or director | 1 | $0 |
| DAVE SEBESTA | PRESIDENT Trustee or director, Officer | 1 | $0 |
| GEORGE POND | 1ST VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| JODI MARTIN | 2ND VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAFNE CAURSO | SECRETARY Trustee or director, Officer | 1 | $0 |
| KRIS WINKELMAN | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Eva Sebesta | Executive Director Key employee | 0 | $47,500 |
| William Vosburgh | Director Trustee or director | 0 | $0 |
| Nick Ott | Director Trustee or director | 0 | $0 |
| Kris Winkelman | Treasurer Officer | 0 | $0 |
| Dafne Caruso | President Officer | 0 | $0 |
| Dave Sebesta | 1st Vice President Officer | 0 | $0 |
| Jodi Martin | Secretary Officer | 0 | $0 |
| Mike Sherbing | 2nd Vice President Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1600 E SHERIDAN ST, ELY, MN 55731-1837
- In care of
- % EVA SEBASTA
- Principal officer (990 for 2024)
- DAFNE CARUSO, 1600 EAST SHERIDAN STREET, ELY, MN 55731
- Signed the 990
- DAFNE CARUSO, PRESIDENT
- Phone
- (218) 365-6123
- Website
- WWW.ELY.ORG
- Return prepared by
- FORT & COMPANY PA
Mission
THE CHAMBER OF COMMERCE LEADS A THRIVING AND SUSTAINABLE ECONOMIC COMMUNITY THROUGH LEADERSHIP AND ADVOCACY, STRATEGIC PARTNERSHIPS, CAREER DEVELOPMENT OF ITS WORKFORCE, AND BUSINESS DIVERSITY AND EDUCATION
Program accomplishments
- EVENTS AND PROMOTIONS COMMITTEE - PRODUCES SEVERAL FESTIVALS DESIGNED TO DRAW TOURISTS INTO THE AREA. OVERSEES COMMUNITY ACTIVITIES DESIGNED TO BRING SHOPPERS INTO THE CENTRAL BUSINESS DISTRICT AND INTO AREA RESTAURANTS.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 41-0237425
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1942
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $185,572
- Income (IRS master file)
- $237,425
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $237,425 | $294,876 | $185,572 | IRS |
| 990 | June 2024 | $224,560 | $315,202 | $214,282 | XML |
| 990 | June 2023 | $194,126 | $343,010 | $318,794 | XML |
| 990 | June 2022 | $237,179 | $305,983 | $405,474 | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 41-0237425).
Questions about ELY CHAMBER OF COMMERCE
- What is the EIN of ELY CHAMBER OF COMMERCE?
- The employer identification number (EIN) of ELY CHAMBER OF COMMERCE is 41-0237425.
- Is ELY CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1942.
- Are donations to ELY CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ELY 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 ELY CHAMBER OF COMMERCE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ELY CHAMBER OF COMMERCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ELY CHAMBER OF COMMERCE?
- The 990 for the year ended June 30, 2025 names DAFNE CARUSO.
- Who are the officers and directors of ELY CHAMBER OF COMMERCE?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $44,806 (EVA SEBESTA, EXECUTIVE DIRECTOR).
- How much revenue does ELY CHAMBER OF COMMERCE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $237,425, expenses of $294,876 and total assets of $185,572 at year end.
Other nonprofits in ELY
- ELY-BLOOMENSON COMMUNITY HOSPITAL EIN 41-0808719 · last filed 990 for 2025
- NORTHEASTERN MINNESOTANS FOR WILDERNESS EIN 01-0743018 · last filed 990 for 2025
- ELY AREA CREDIT UNION EIN 41-0237440 · last filed 990 for 2025
- NORTH AMERICAN BEAR CENTER EIN 41-1838192 · last filed 990 for 2025
- ELY AREA COMMUNITY FOUNDATION INC EIN 06-1770182 · last filed 990 for 2025
- ELY EDUCATIONAL FOUNDATION INC EIN 41-1622190 · last filed 990 for 2025
- VETERANS ON THE LAKE RESORT EIN 41-1439548 · last filed 990 for 2023
- ELY AREA AMBULANCE SERVICE EIN 26-2572853 · last filed 990 for 2024