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Nonprofit · EIN 41-1367856

SHAKOPEE CHAMBER OF COMMERCE

Tax-exempt · SHAKOPEE, MN 55379

Financials

$655K$897K2023$1M$911K2024
Revenue Expenses · by fiscal year end
Financials of SHAKOPEE CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,029,749$910,516$119,233$518,802$281,120$237,682
December 31, 2023990$655,254$896,598-$241,344$450,480$312,539$137,941
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$246,516
of which government grants
$215,282
Program service revenue
$614,252
Investment income
$2,967
Net income from fundraising events
$166,014
Other revenue
$166,014

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$126,442
Other salaries and wages
$215,198
Salaries, compensation and benefits (total)
$405,627
Professional fundraising fees
$0
Accounting fees
$23,157
Occupancy
$22,609
Travel
$3,172
Depreciation
$464

Balance sheet and other

Total assets, start of year
$450,480
Total assets, end of year
$518,802
Total liabilities, end of year
$281,120
Net assets, end of year
$237,682
Land, buildings and equipment
$5,800
Net assets without donor restrictions
$237,682
Gross unrelated business income
$8,145
Gross receipts
$1,407,505
Employees
5
Volunteers
66
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 / weekCompensationOther / benefits
TIM ZUNKERPRESIDENT
Officer
40$121,308$5,134
AMY SCHMIDTPAST CHAIR
Trustee or director, Officer
2$0$0
RANDY DEHMERCHAIR
Trustee or director, Officer
2$0$0
TIM WHITCOMBTREASURER
Trustee or director, Officer
2$0$0
TIFFANY OLSONSECRETARY
Trustee or director, Officer
2$0$0
BRYCE HOTZLERDIRECTOR
Trustee or director
1$0$0
CHAD PETERSONDIRECTOR
Trustee or director
1$0$0
GREG DRENTDIRECTOR
Trustee or director
1$0$0
JENELLE MOTEDIRECTOR
Trustee or director
1$0$0
MICHAEL KERSKIDIRECTOR
Trustee or director
1$0$0
NICK KUCHENBECKERDIRECTOR
Trustee or director
1$0$0
RAUL REHNBORGVICE CHAIR
Trustee or director
1$0$0
AMY JERDEEDIRECTOR
Trustee or director
1$0$0
JO FOUSTDIRECTOR
Trustee or director
1$0$0
DAMON SCHULERDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
Tim ZunkerPresident
Officer
40$119,254$4,845
Amy SchmidtChair
Trustee or director, Officer
2$0$0
Randy DehmerVice Chair
Trustee or director, Officer
2$0$0
Tim WhitcombTreasurer
Trustee or director, Officer
2$0$0
Lindsey PufferSecretary
Trustee or director, Officer
2$0$0
Bryce HotzlerDirector
Trustee or director
1$0$0
Chad PetersonDirector
Trustee or director
1$0$0
Greg DrentDirector
Trustee or director
1$0$0
Jeff SmolinskiDirector
Trustee or director
1$0$0
Jenelle MoteDirector
Trustee or director
1$0$0
Michael KerskiDirector
Trustee or director
1$0$0
Nick KuchenbeckerDirector
Trustee or director
1$0$0
Raul RehnborgDirector
Trustee or director
1$0$0
Rodney SouthwoodDirector
Trustee or director
1$0$0
Samantha WallerDirector
Trustee or director
1$0$0
Scott O'BrienDirector
Trustee or director
1$0$0
Tiffany OlsonDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
145 1ST AVE E, SHAKOPEE, MN 55379-1309
Principal officer (990 for 2024)
TIM ZUNKER, 145 FIRST AVENUE EAST, SHAKOPEE, MN 55379
Signed the 990
TIM ZUNKER, PRESIDENT
Phone
(952) 445-1660
Return prepared by
FROEHLING ANDERSON LTD

Mission

TO STRENGTHEN OUR COMMUNITY BY ADVANCING BUSINESS, TOURISM, AND THE ECONOMY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE SHAKOPEE CHAMBER CONNECTS LOCAL BUSINESSES, SERVICE ORGANIZATIONS, AND ALL LEVELS OF GOVERNMENT TO CREATE AN ENVIRONMENT WHERE PEOPLE WANT TO LIVE, WORK, AND PLAY. THE CHAMBER IS A VOLUNTARY, NOT-FOR-PROFIT BUSINESS ORGANIZATION DEDICATED TO IMPROVING THE ECONOMIC ENVIRONMENT OF THE COMMUNITY AS AN ACTIVE, PROBLEM-SOLVING ORGANIZATION. THE SHAKOPEE CHAMBER OF COMMERCE FOCUSES ON ECONOMIC DEVELOPMENT, WORKFORCE DEVELOPMENT, AND LEGISLATIVE ADVOCACY AND MEMBERSHIP SERVICES. THE STRENGTH OF THE CHAMBER LIES IN ITS MEMBERSHIP, SMALL BUSINESSES, LARGE CORPORATIONS, HOME-BASED BUSINESSES, AND PROFESSIONAL MEN AND WOMEN, WORKING TOGETHER TO ENHANCE THE QUALITY OF LIFE IN SHAKOPEE THROUGH A WIDE VARIETY OF PROGRAMS AND INITIATIVES. THE SHAKOPEE CHAMBER WORKS TO POSITIVELY IMPACT THE QUALITY OF LIFE IN THE REGION, WHILE SUPPORTING THE GROWTH AND PROSPERITY OF OUR MEMBERS FROM EDUCATION TO ECONOMIC DEVELOPMENT. THE SHAKOPEE CHAMBER OF COMMERCE IS COMMITTED TO GIVING EACH MEMBER AN OPPORTUNITY TO PROSPER IN TODAY'S COMPETITIVE BUSINESS WORLD. THE CHAMBER WORKS CLOSELY WITH THE CITY OF SHAKOPEE AND NEIGHBORING COMMUNITIES, SCOTT COUNTY, AND LOCAL SERVICE ORGANIZATIONS TO PROMOTE THE ECONOMIC HEALTH OF OUR COMMUNITY. THE SHAKOPEE CHAMBER IS THE PRIMARY SOURCE FOR BUSINESSES AND INDIVIDUALS SEEKING INFORMATION ON THE BUSINESS CLIMATE IN OUR COMMUNITY, AS WELL AS SERVING AS THE PRIMARY DESTINATION MARKETING ORGANIZATION FOR SHAKOPEE.

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
41-1367856
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$518,802
Income (IRS master file)
$1,407,505

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,029,749$910,516$518,802XML
990December 2023$655,254$896,598$450,480XML
990December 2022$812,954$729,702$610,523IRS
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 41-1367856).

Questions about SHAKOPEE CHAMBER OF COMMERCE

What is the EIN of SHAKOPEE CHAMBER OF COMMERCE?
The employer identification number (EIN) of SHAKOPEE CHAMBER OF COMMERCE is 41-1367856.
Is SHAKOPEE CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2016.
Are donations to SHAKOPEE CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SHAKOPEE 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 SHAKOPEE 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 SHAKOPEE 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 SHAKOPEE CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names TIM ZUNKER.
Who are the officers and directors of SHAKOPEE CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $121,308 (TIM ZUNKER, PRESIDENT).
How much revenue does SHAKOPEE CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,029,749, expenses of $910,516 and total assets of $518,802 at year end.

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