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Nonprofit · EIN 41-6040778

GREATER WAYZATA AREA CHAMBER OF COMMERCE INCORPORATED

Tax-exempt · WAYZATA, MN 55391

Financials

$693K$609K2023$671K$662K2024$895K$731K2025
Revenue Expenses · by fiscal year end
Financials of GREATER WAYZATA AREA CHAMBER OF COMMERCE INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$894,731$730,697$164,034$834,080$129,512$704,568
December 31, 2024990$671,376$662,115$9,261$658,038$122,294$535,744
December 31, 2023990$693,162$608,524$84,638$653,518$129,642$523,876
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$271,159
Membership dues
$271,159
Program service revenue
$0
Investment income
$18,348
Net income from fundraising events
$605,224
Other revenue
$605,224

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$164,689
Other salaries and wages
$343,737
Salaries, compensation and benefits (total)
$589,165
Professional fundraising fees
$0
Accounting fees
$5,852
Occupancy
$14,000
Depreciation
$4,484

Balance sheet and other

Total assets, start of year
$658,038
Total assets, end of year
$834,080
Total liabilities, end of year
$129,512
Net assets, end of year
$704,568
Land, buildings and equipment
$8,265
Gross receipts
$1,219,693
Employees
5
Volunteers
350
Year formed
1958
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
BECKY PIERSONPRESIDENT/SECRETARY
Officer
40$164,688
NICOLE SEAHOLMTREASURER
Trustee or director, Officer
1$0
JIM CAMERATAPAST CHAIR
Trustee or director, Officer
1$0
LIZ HIGGINSBOARD MEMBER
Trustee or director
1$0
COLIN FENWICKBOARD MEMBER
Trustee or director
1$0
KATHY PACKARDBOARD MEMBER
Trustee or director
1$0
KIM CASSENSBOARD MEMBER
Trustee or director
1$0
SARAH KAELBERERBOARD MEMBER
Trustee or director
1$0
ADAM THOMPSONCHAIR
Trustee or director, Officer
1$0
TIM NAUMANNBOARD MEMBER
Trustee or director
1$0
MATT SCHADOWVICE CHAIR
Trustee or director, Officer
1$0
ANGEL LUNABOARD MEMBER
Trustee or director
1$0
EDDIE ULRICHBOARD MEMBER
Trustee or director
1$0
LOTTIE JAMESBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2024: 13 people
NameTitleHours / weekCompensation
BECKY PIERSONPRESIDENT/SECRETARY
Officer
40$157,154
NICOLE SEAHOLMTREASURER
Trustee or director, Officer
1$0
JIM CARMERATACHAIR
Trustee or director, Officer
1$0
AJ MEYERBOARD MEMBER
Trustee or director
1$0
COLIN FENWICKBOARD MEMBER
Trustee or director
1$0
KATHY PACKARDPAST CHAIR
Trustee or director, Officer
1$0
KIM CASSENSBOARD MEMBER
Trustee or director
1$0
SARAH KAELBERERBOARD MEMBER
Trustee or director
1$0
ADAM THOMPSONVICE CHAIR
Trustee or director, Officer
1$0
TIM NAUMANNBOARD MEMBER
Trustee or director
1$0
MATT SCHADOWBOARD MEMBER
Trustee or director
1$0
ANGEL LUNABOARD MEMBER
Trustee or director
1$0
EDDIE ULRICHBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
BECKY PIERSONPRESIDENT/SECRETARY
Officer
40$100,000
NICOLE SEAHOLMTREASURER
Trustee or director, Officer
1$0
JIM CARMARATAVICE CHAIR
Trustee or director, Officer
1$0
AJ MEYERPAST CHAIR
Trustee or director, Officer
1$0
HANNAH KLEHRBOARD MEMBER
Trustee or director
1$0
COLIN FENWICKBOARD MEMBER
Trustee or director
1$0
KATHY PACKARDCHAIR
Trustee or director, Officer
1$0
KIM CASSENSBOARD MEMBER
Trustee or director
1$0
SARAH KAELBERERBOARD MEMBER
Trustee or director
1$0
ADAM THOMPSONBOARD MEMBER
Trustee or director
1$0
TIM NAUMANNBOARD MEMBER
Trustee or director
1$0
MATT SCHADOWBOARD MEMBER
Trustee or director
1$0
TODD LARSONBOARD MEMBER
Trustee or director
1$0
ANGEL LUNABOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
402 LAKE ST E, WAYZATA, MN 55391-1651
Principal officer (990 for 2025)
MATT SCHADOW, 402 EAST LAKE STREET, WAYZATA, MN 55391
Signed the 990
MATT SCHADOW, VICE CHAIR
Phone
(952) 473-9595
Return prepared by
COPELAND BUHL & COMPANY PLLP

Mission

TO ADVANCE THE GENERAL WELFARE AND PROSPERITY OF THE GREATER WEST METRO/TWIN CITIES AREA.

990 for the year ended December 31, 2025

Program accomplishments

  • SEASONAL PROMOTIONS AND BEAUTIFICATION: TO INFORM GENERAL PUBLIC OF SERVICES, ATTRACTIONS AND BEAUTY OF THE GREATER WEST METRO/TWIN CITIES AREA.
  • SEMINARS AND LUNCHEONS: TO ENCOURAGE ORGANIZATIONS TO EXPAND AND LOCATE IN THE GREATER WEST METRO/TWIN CITIES AREA.

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-6040778
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$834,080
Income (IRS master file)
$1,219,693

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$894,731$730,697$834,080XML
990December 2024$671,376$662,115$658,038XML
990December 2023$693,162$608,524$653,518XML
990December 2022$555,769$491,162$475,450IRS
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 41-6040778).

Questions about GREATER WAYZATA AREA CHAMBER OF COMMERCE INCORPORATED

What is the EIN of GREATER WAYZATA AREA CHAMBER OF COMMERCE INCORPORATED?
The employer identification number (EIN) of GREATER WAYZATA AREA CHAMBER OF COMMERCE INCORPORATED is 41-6040778.
Is GREATER WAYZATA AREA CHAMBER OF COMMERCE INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6).
Are donations to GREATER WAYZATA AREA CHAMBER OF COMMERCE INCORPORATED tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GREATER WAYZATA AREA CHAMBER OF COMMERCE INCORPORATED 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 GREATER WAYZATA AREA CHAMBER OF COMMERCE INCORPORATED due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREATER WAYZATA AREA CHAMBER OF COMMERCE INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of GREATER WAYZATA AREA CHAMBER OF COMMERCE INCORPORATED?
The 990 for the year ended December 31, 2025 names MATT SCHADOW.
Who are the officers and directors of GREATER WAYZATA AREA CHAMBER OF COMMERCE INCORPORATED?
The 990 for the year ended December 31, 2025 lists 14 people; 1 received compensation from the organization, the highest $164,688 (BECKY PIERSON, PRESIDENT/SECRETARY).
How much revenue does GREATER WAYZATA AREA CHAMBER OF COMMERCE INCORPORATED have?
On its 990 for the year ended December 31, 2025 it reported revenue of $894,731, expenses of $730,697 and total assets of $834,080 at year end.

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