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Nonprofit · EIN 41-1504510

MONTICELLO CHAMBER OF COMMERCE AND INDUSTRY

Tax-exempt · MONTICELLO, MN 55362

Financials

$223K$237K2023$300K$282K2024
Revenue Expenses · by fiscal year end
Financials of MONTICELLO CHAMBER OF COMMERCE AND INDUSTRY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$300,061$282,428$17,633$180,748$5,100$175,648
December 31, 2023990$223,286$237,202-$13,916$165,690$7,675$158,015
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$150,211
Membership dues
$150,211
Program service revenue
$96,485
Investment income
$1,426
Net income from fundraising events
$51,939
Other revenue
$51,939

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$119,379
Other salaries and wages
$20,337
Salaries, compensation and benefits (total)
$151,175
Professional fundraising fees
$0
Occupancy
$4,899
Depreciation
$744
Program services (functional)
$95,031
Management and general (functional)
$68,018

Balance sheet and other

Total assets, start of year
$165,690
Total assets, end of year
$180,748
Total liabilities, end of year
$5,100
Net assets, end of year
$175,648
Land, buildings and equipment
$3,457
Gross receipts
$325,118
Employees
2
Volunteers
76
Year formed
1948
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
DEBRA MEYERASSISTANT DIRECTOR40$84,209
MARCY ANDERSONDIRECTOR40$35,170
LEAH GARDNERBOARD MEMBER
Trustee or director
1$0
LAURA DAHLHEIMERBOARD MEMBER
Trustee or director
1$0
CORY RITTERTREASURER
Trustee or director
1$0
TARA THURBERBOARD MEMBER
Trustee or director
1$0
BRITTNEY KOHLERBOARD MEMBER
Trustee or director
1$0
JARRED MERCHANTPAST CHAIR
Trustee or director
1$0
MIKE HOFFCHAIR
Trustee or director
2$0
JASON KISNERBOARD MEMBER
Trustee or director
1$0
DUSTIN CRAIGBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
MARCY ANDERSONDIRECTOR40$76,178
DEBRA MEYERASSISTANT DIRECTOR40$61,894
LIZ CALPASBOARD MEMBER
Trustee or director
1$0
LAURA DAHLHEIMERBOARD MEMBER
Trustee or director
1$0
CORY RITTERTREASURER
Trustee or director
1$0
TARA THURBERBOARD MEMBER
Trustee or director
1$0
TRICIA HANDORFFBOARD MEMBER
Trustee or director
1$0
LISA LUEBECKPAST CHAIR
Trustee or director
1$0
BRITTNEY KOHLERBOARD MEMBER
Trustee or director
1$0
KRISTA SMITH-LARSONBOARD MEMBER
Trustee or director
1$0
JARRED MERCHANTVICE CHAIR
Trustee or director
1$0
MIKE HOFFCHAIR
Trustee or director
2$0
JASON KISNERBOARD MEMBER
Trustee or director
1$0
DUSTIN CRAIGBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
118 W 6TH ST STE B, MONTICELLO, MN 55362-5004
Signed the 990
DEB MEYER, Director
Phone
(763) 295-2700
Return prepared by
MB Consultants PLLC

Mission

ECONOMIC & COMMUNITY DEVELOPMENT

990 for the year ended December 31, 2024

Program accomplishments

  • PROMOTE ECONOMIC & COMMUNITY DEVELOPMENT. ENCOURAGE GROWTH OF EXISTING BUSINESSES WHILE ASSISTING BUSINESSES SEEKING TO LOCATE IN THE MONTICELLO AREA. SUPPORT ACTIVITIES BENEFICIAL TO THE COMMUNITY.

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
41-1504510
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$180,748
Income (IRS master file)
$325,118

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$300,061$282,428$180,748XML
990December 2023$223,286$237,202$165,690XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990December 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 41-1504510).

Questions about MONTICELLO CHAMBER OF COMMERCE AND INDUSTRY

What is the EIN of MONTICELLO CHAMBER OF COMMERCE AND INDUSTRY?
The employer identification number (EIN) of MONTICELLO CHAMBER OF COMMERCE AND INDUSTRY is 41-1504510.
Is MONTICELLO CHAMBER OF COMMERCE AND INDUSTRY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1992.
Are donations to MONTICELLO CHAMBER OF COMMERCE AND INDUSTRY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MONTICELLO CHAMBER OF COMMERCE AND INDUSTRY 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 MONTICELLO CHAMBER OF COMMERCE AND INDUSTRY 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 MONTICELLO CHAMBER OF COMMERCE AND INDUSTRY 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 MONTICELLO CHAMBER OF COMMERCE AND INDUSTRY?
The 990 for the year ended December 31, 2024 lists 11 people; 2 received compensation from the organization, the highest $84,209 (DEBRA MEYER, ASSISTANT DIRECTOR).
How much revenue does MONTICELLO CHAMBER OF COMMERCE AND INDUSTRY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $300,061, expenses of $282,428 and total assets of $180,748 at year end.

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