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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 41-1467797

MADELIA CHAMBER OF COMMERCE

Tax-exempt · MADELIA, MN 56062

Financials

$104K$89K2023$71K$85K2024
Revenue Expenses · by fiscal year end
Financials of MADELIA CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$70,607$84,765-$14,158$32,997$1,067$31,930
December 31, 2023990-EZ$104,235$88,704$15,531$47,154$1,066$46,088
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$54,433
Membership dues
$33,064
Investment income
$391
Net income from fundraising events
-$17,281

Expenses

Compensation of officers, directors and key employees
$30,754
Salaries, compensation and benefits (total)
$44,893
Professional fees and payments to contractors
$1,745
Occupancy
$3,715
Printing, publications and postage
$518
Other expenses
$33,894

Balance sheet and other

Total assets, start of year
$47,154
Total assets, end of year
$32,997
Total liabilities, end of year
$1,067
Net assets, end of year
$31,930
Cash, savings and investments
$32,697
Gross receipts
$117,271

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KATIE WOLLEEXECUTIVE DI23$30,754
GLENDA ARNDTSECRETARY0.25$0
DOUG FENSKEDIRECTOR0.25$0
BUTCH DWYERDIRECTOR0.25$0
KELSEY FORBESVICE PRESIDE0.25$0
LAURA SORENSONPRESIDENT0.25$0
ASHLEY GOOSSENTREASURER0.25$0
TIM FLITTERDIRECTOR0.25$0
CALEB FENSKEDIRECTOR0.25$0
990-EZ for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
KARLA ANGUSFORMER EXECU30$30,441
KATIE WOLLEEXECUTIVE DI23$22,061
GLENDA ARNDTSECRETARY0.25$0
DOUG FENSKEDIRECTOR0.25$0
CRYSTAL SUITERDIRECTOR0.25$0
BUTCH DWYERDIRECTOR0.25$0
KELSEY FORBESDIRECTOR0.25$0
LAURA SORENSONVICE PRESIDE0.25$0
ASHLEY GOOSSENTREASURER0.25$0
TIM FLITTERPRESIDENT0.25$0
PAUL MOOSBRUGGERDIRECTOR0.25$0

Address and contacts

Address (IRS master file)
PO BOX 171, MADELIA, MN 56062-0171
In care of
% ROSEMARY MURPHY ADM COORDINATOR
Signed the 990-EZ
KATIE WOLLE, EXECUTIVE DIRECTOR
Phone
(507) 642-8822
Return prepared by
KELSEY ARNDT & TWEIT PLLC

Mission

THE PURPOSE OF THE MADELIA CHAMBER OF COMMERCE IS TO PROVIDE OPPORTUNITIES AND EVENTS WHEREIN CHAMBER MEMBERS ARE ENCOURAGED TO PROMOTE BUSINESS AND COMMUNITY GROWTH, AND TO DEVELOP THE MADELIA AREA AS AN ATTRACTIVE ENVIRONMENT IN WHICH TO WORK, SHOP, PLAY AND LIVE.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • THE MADELIA CHAMBER OF COMMERCE PROMOTES BUSINESS AND COMMUNITY GROWTH THROUGH MONTHLY MEMBERSHIP MEETINGS AND ONGOING COMMUNITY ACTIVITIES. THE ORGANIZATION WORKS TOGETHER WITH ITS MEMBERS TO SOLVE PROBLEMS AND CREATE OPPORTUNITIES FOR LOCAL BUSINESSES AND THE COMMUNITY AS A WHOLE.

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2025 990-EZ for MADELIA CHAMBER OF COMMERCE

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
41-1467797
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1965
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$32,997
Income (IRS master file)
$117,271

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$70,607$84,765$32,997XML
990-EZDecember 2023$104,235$88,704$47,154XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 41-1467797).

Questions about MADELIA CHAMBER OF COMMERCE

What is the EIN of MADELIA CHAMBER OF COMMERCE?
The employer identification number (EIN) of MADELIA CHAMBER OF COMMERCE is 41-1467797.
Is MADELIA CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1965.
Are donations to MADELIA CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MADELIA 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 MADELIA 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 MADELIA CHAMBER OF COMMERCE last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of MADELIA CHAMBER OF COMMERCE?
The 990-EZ for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $30,754 (KATIE WOLLE, EXECUTIVE DI).
How much revenue does MADELIA CHAMBER OF COMMERCE have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $70,607, expenses of $84,765 and total assets of $32,997 at year end.

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