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Nonprofit · EIN 41-0730086

LITCHFIELD CHAMBER OF COMMERCE

Tax-exempt · LITCHFIELD, MN 55355

Financials

$182K$154K2023$169K$149K2024
Revenue Expenses · by fiscal year end
Financials of LITCHFIELD CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$168,842$149,081$19,761$172,250$26,414$145,836
December 31, 2023990$182,133$153,506$28,627$191,929$51,308$140,621
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$104,021
Investment income
$855
Net income from fundraising events
$18,911
Other revenue
$63,966

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$86,875
Salaries, compensation and benefits (total)
$93,553
Professional fundraising fees
$0
Occupancy
$2,699
Travel
$673
Depreciation
$2,044
Program services (functional)
$149,081

Balance sheet and other

Total assets, start of year
$191,929
Total assets, end of year
$172,250
Total liabilities, end of year
$26,414
Net assets, end of year
$145,836
Land, buildings and equipment
$55,185
Net assets without donor restrictions
$145,836
Gross receipts
$180,783
Employees
2
Volunteers
25
Year formed
1955
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
RICK BEECROFTDIRECTOR
Trustee or director
1$0
TERESA CARLSONDIRECTOR
Trustee or director
1$0
TIM ERICKSONDIRECTOR
Trustee or director
1$0
ERIC JOHNSONDIRECTOR
Trustee or director
1$0
BRANDY KATTERHAGENDIRECTOR
Trustee or director
1$0
NICOLE LARSONDIRECTOR
Trustee or director
1$0
WALTER MARTTINENDIRECTOR
Trustee or director
1$0
APRIL WEBERDIRECTOR
Trustee or director
1$0
ANDREA WIMMERDIRECTOR
Trustee or director
1$0
STEPHANIE DANIELSONPRESIDENT
Officer
1$0
LANCE GROBETREASURER
Officer
1$0
SARAH KERNVICE PRESIDE
Officer
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
STEPHANIE DANIELSONDIRECTOR
Trustee or director
1$0
TIM ERICKSONDIRECTOR
Trustee or director
1$0
BRANDY FISCHERDIRECTOR
Trustee or director
1$0
DAWN JANSENDIRECTOR
Trustee or director
1$0
ERIC JOHNSONDIRECTOR
Trustee or director
1$0
BETH KANNASDIRECTOR
Trustee or director
1$0
SARAH KERNDIRECTOR
Trustee or director
1$0
NICOLE LARSONDIRECTOR
Trustee or director
1$0
JUSTIN SCHROEDERDIRECTOR
Trustee or director
1$0
RICK BEECROFTVICE PRESIDE
Officer
1$0
TERESA CARLSONTREASURER
Officer
1$0
REBECCA RUEPRESIDENT
Officer
1$0

Address and contacts

Address (IRS master file)
219 N SIBLEY AVE, LITCHFIELD, MN 55355-2140
Principal officer (990 for 2024)
STEPHANIE DANIELSON, 219 N SIBLEY AVE, LITCHFIELD, MN 55355
Signed the 990
JANAYE PRIEVE, EXECUTIVE DIRECTOR
Phone
(320) 693-8184
Return prepared by
CHRISTIANSON PLLP

Mission

PROMOTE BUSINESS ACTIVITY IN LITCHFIELD

990 for the year ended December 31, 2024

Program accomplishments

  • N/A
  • N/A
  • PROMOTE BUSINESS ACTIVITIES IN LITCHFIELD

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
41-0730086
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1976
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$172,250
Income (IRS master file)
$180,783

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$168,842$149,081$172,250XML
990December 2023$182,133$153,506$191,929XML
990December 2022$151,869$159,378$160,496IRS
990December 2021–––IRS
990December 2020–––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 41-0730086).

Questions about LITCHFIELD CHAMBER OF COMMERCE

What is the EIN of LITCHFIELD CHAMBER OF COMMERCE?
The employer identification number (EIN) of LITCHFIELD CHAMBER OF COMMERCE is 41-0730086.
Is LITCHFIELD CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1976.
Are donations to LITCHFIELD CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LITCHFIELD 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 LITCHFIELD 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 LITCHFIELD 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 LITCHFIELD CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names STEPHANIE DANIELSON.
Who are the officers and directors of LITCHFIELD CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does LITCHFIELD CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $168,842, expenses of $149,081 and total assets of $172,250 at year end.

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