Hutchinson Area Chamber Of Commerce in Hutchinson, Minnesota (MN)

Table of contents:

Organization representatives - add corrected or new information about Hutchinson Area Chamber Of Commerce »

Non-representatives - add comments about Hutchinson Area Chamber Of Commerce»

Hutchinson Area Chamber Of Commerce
Employer Identification Number (EIN)410645359
Name of OrganizationHutchinson Area Chamber Of Commerce
Address2 Main St S, Hutchinson, MN 55350-2505
ActivitiesBusiness promotion (chamber of commerce, business league, etc.), Attracting new industry or retaining industry in an area
SubsectionChamber of Commerce
Ruling Date08/1945
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$267,020
Amount of Income$283,419
Form 990 Revenue Amount$245,643
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


Non-representatives - add comments:


CAPTCHA

Your IP address 54.81.127.218 will be logged.

Amount of income in 2012: $283,419
This organization: 

 $283,419
Other organizations performing similar types of work: 

 $1,075,112

Assets in 2012: $267,020
Hutchinson Area Chamber Of Commerce: 

 $267,020
Other organizations performing similar types of work: 

 $1,234,647

Expenses in 2006: $315,225
Hutchinson Area Chamber Of Commerce: 

 $315,225
Other organizations performing similar types of work: 

 $899,741

Income to expenses ratio in 2006: 0.9
Hutchinson Area Chamber Of Commerce: 

 0.9
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2006: 26.8%
This organization: 

 26.8%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2006

Assets at end of 2006

Income-Producing Activities for 2006

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2000200120022003200420052006
Total revenue$239,397$251,482$234,242$230,390$230,549$260,554$275,950
Contributions, gifts, grants, and similar amounts received$146,705$153,653$146,229$145,244$64,593$87,515$73,988
Contributions to donor advised funds$0
Direct public support$86,677$84,061$86,819$85,634$0$13,200$2,200
Indirect public support$0$0$0$0$0$0$0
Government contributions (grants)$60,028$69,592$59,410$59,610$64,593$74,315$71,788
Program service revenue including government fees and contracts$47,446$51,652$50,949$50,512$43,706$48,742$74,765
Membership dues and assessments$0$0$0$0$84,679$87,606$89,826
Interest on savings and temporary cash investments$12,589$12,700$7,352$6,437$5,209$5,046$6,166
Dividends and interest from securities$0$0$0$0$0$0$0
Net rental income or (loss)$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$3,000$0$-882$0$-1,582$0
Gross amount from sales of assets other than inventory$0$3,000$0$0$0$1,415$0
Less: cost or other basis and sales expenses$0$0$0$882$0$2,997$0
Net income or (loss) from special events and activities$29,821$27,005$29,570$27,066$30,464$31,838$30,409
Gross revenue$48,968$38,539$42,779$42,902$47,025$53,506$51,279
Less: direct expenses other than fundraising expenses$19,147$11,534$13,209$15,836$16,561$21,668$20,870
Gross profit or (loss) from sales of inventory$2,836$3,472$142$2,013$1,898$1,389$796
Gross sales of inventory, less returns and allowances$11,106$7,415$5,645$7,140$5,622$2,619$1,121
Less: cost of goods sold$8,270$3,943$5,503$5,127$3,724$1,230$325
Other revenue$0$0$0$0$0$0$0
Total expenses$211,815$235,837$225,374$244,344$216,018$280,261$315,225
Program services$0$0$0$0$0$0$0
Management and general$0$0$0$0$0$0$0
Fundraising$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0
Net assets or fund balances at end of year$299,738$315,383$324,251$310,297$324,828$305,121$265,846
Excess or (deficit) for the year$27,582$15,645$8,868$-13,954$14,531$-19,707$-39,275
Net assets or fund balances at beginning of year$272,156$299,738$315,383$324,251$310,297$324,828$305,121
Other changes in net assets or fund balances$0$0$0$0$0$0$0
Statement of Functional Expenses (for 2006)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$315,225$0$0$0
Grants paid from donor advised funds$0
Other grants and allocations$11,200
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$51,560$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$82,362$0$0$0
Pension plan contributions not included above$2,471$0$0$0
Employee benefits not included above$698$0$0$0
Payroll taxes$10,915$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$5,982$0$0$0
Legal fees$0$0$0$0
Supplies$10,885$0$0$0
Telephone$7,002$0$0$0
Postage and shipping$4,754$0$0$0
Occupancy$25,661$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$5,773$0$0$0
Travel$1,384$0$0$0
Conferences, conventions, and meetings$30,686$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$10,807$0$0$0
Other expenses not covered above$53,085$0$0$0
Balance Sheets
2000200120022003200420052006
Total assets$320,485$322,315$325,500$315,621$336,914$311,025$302,811
Cash - non-interest-bearing$100$100$100$100$100$100$100
Savings and temporary cash investments$288,699$285,097$294,901$290,239$316,681$210,267$218,553
Accounts receivable less allowance for doubtful accounts$10,670$13,864$13,297$14,280$10,255$21,705$12,646
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$0$1,962$2,404$4,242
Investments - publicly-traded securities$0
Investments - other securities$0$0$0$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0
Investments - other$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$17,127$19,657$15,453$9,964$7,006$74,790$63,983
Other assets, including program-related investments$3,889$3,597$1,749$1,038$910$1,759$3,287
Total liabilities$20,747$6,932$1,249$5,324$12,086$5,904$36,965
Accounts payable and accrued expenses$1,627$1,578$1,249$4,462$4,387$3,850$6,955
Grants payable$0$0$0$0$0$0$0
Deferred revenue$19,120$5,354$0$862$7,699$2,054$30,010
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0
Other liabilities$0$0$0$0$0$0$0
Total liabilities and net assets/fund balances$320,485$322,315$325,500$315,621$336,914$311,025$302,811
Total net assets or fund balances$299,738$315,383$324,251$310,297$324,828$305,121$265,846
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2000200120022003200420052006
Total revenue$0$0$0$0$0$0$0
Total revenue, gains, and other support per audited financial statements$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2000200120022003200420052006
Total expenses$0$0$0$0$0$0$0
Total expenses and losses per audited financial statements$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings18
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?No
Did the organization make only in-house lobbying expenditures of $2,000 or less?Yes
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?No
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2006)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$37,371$164,591
Program service revenue
Program service revenue 1000000$000$0$20,765
Program service revenue 2000000$000$0$4,567
Program service revenue 3000000$000$0$49,433
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$89,826
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$6,166$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$30,409$0
Gross profit or (loss) from sales of inventory000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$796$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2006)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2006)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2006)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
1999200020012002200320042005
Total$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2006)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$243,854
Contributions, Gifts, Grants and Other Similar Amounts$68,755
Program Service Revenue$125,095
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$2,532
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$46,761
Gross income from fundraising events$83,240
Less: direct expenses$36,479
Net income from gaming activities$0
Net income from sales of inventory$111
Gross sales of inventory, less returns and allowances$111
Less: cost of goods sold$0
Miscellaneous Revenue$600
Statement of Functional Expenses (for 2011)
Total functional expenses$223,844
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$100,031
Payroll taxes$8,632
Professional fundraising services$0
Other$115,181
Balance Sheet (for 2011)
Total assets$249,425
Total liabilities$18,888
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$18,888
Total net assets or fund balances$230,537
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Hutchinson Area Chamber Of Commerce to others? (optional)
  
Add photo of Hutchinson Area Chamber Of Commerce (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»


Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Financial Industry Regulatory Authority Inc9509 Key West Ave, Rockville, MD 20850-3329MD1937-06$3,362,000,742
2Finra Regulation Inc9509 Key West Ave, Rockville, MD 20850-3329MD1997-05$715,973,148
3Securities Investor Protection Corporation805 15th St Nw Ste 800, Washington, DC 20005-2207DC1971-06$452,451,011
4Cfa Institute560 Ray C Hunt Dr, Charlottesvle, VA 22903-2981VA1986-12$335,255,446
5American Petroleum Institute1220 L St Nw, Washington, DC 20005-4018DC1938-04$334,184,007
6American Institute Of Certified Public Accountants220 Leigh Farm Rd, Durham, NC 27707-8110NC1953-04$264,813,755
7Aca International4040 W 70th St, Minneapolis, MN 55435-4104MN1945-03$10,099,917
8Greater Minneapolis Convention & Visitors Association, Meet Minneapolis250 Marquette Avenue South Suite 13, Minneapolis, MN 55401-2180MN1988-04$9,587,892
9Builders Association Of The Twin Cities2960 Centre Pointe Drive, Roseville, MN 55113-1182MN1981-06$5,808,862
10Construction Specifications Institute Inc420 Main Avenue, Moorhead, MN 56560MN1950-02$4,450,845
11Aging Services Of Minnesota2550 University Avenue West No 350, St Paul, MN 55114-1900MN1985-04$3,833,566
12Sheet Metal Air Conditioning And Roofing Contractors Assoc Of Mn, Smarca Inc1405 Lilac Dr N Ste 100, Minneapolis, MN 55422-4528MN1954-04$2,103,835
13Saint Paul Area Chamber Of Commerce401 North Robert Street, St Paul, MN 55101-2005MN1960-10$1,719,494
14Associated General Contractors Of Minnesota Inc525 Park Street, St Paul, MN 55103-2111MN1942-08$1,645,738
15Minnesota Telephone Association Inc, Minnesota Telecom Alliance1000 Westgate Dr Ste 252, Saint Paul, MN 55114-8679MN1944-11$1,320,377
16The Minnesota Self-Insurers Security Fund332 Minnesota St Ste E1432, Saint Paul, MN 55101-1309MN2002-09$1,129,759
17Minneapolis Builders Exchange1123 Glenwood Ave, Minneapolis, MN 55405-1431MN1945-12$1,068,464
18Minnesota Mechanical Contractors Industry Fund830 Transfer Road 1, St Paul, MN 55114-1433MN1975-10$718,819
19Owatonna Area Chamber Of Commerce320 Hoffman Dr, Owatonna, MN 55060-2347MN1950-01$674,392
20Bloomington Chamber Of Commerce Inc9633 Lyndale Ave S, Bloomington, MN 55420-4230MN1976-11$529,010
21St Paul Chapter Neca 301, 3015882 Blackshire Path Suite 100, Inver Grove Heights, MN 55076-1621MN1957-05$423,992
22Hutchinson Area Chamber Of Commerce2 Main St S, Hutchinson, MN 55350-2505MN1945-08$283,419
23Arrowhead Builders Association5255 Maple Grove Rd, Hermantown, MN 55811-3661MN1987-03$153,983
24Western Lake-Superior Piping Industry Development Fund Inc802 Garfield Ave, Duluth, MN 55802-2636MN1964-11$129,916
25Cokato AssociationPO BOX 819, Cokato, MN 55321-0819MN1954-08$88,077
26National Business Travel Association Inc, North Centeral Business Travel AssnPO BOX 2629, Minneapolis, MN 55402-0629MN1994-04$87,190
27Minnesota City Management Association145 University Ave W, St Paul, MN 55103-2044MN1977-10$74,421
28Classic Suburban Conference2430 Anthony St, South St Paul, MN 55075-5818MN$59,411
29Mn Construction Management AssocMinneapolis, MN 55416MN$53,398
30Minnesota Jewelers Association, Mn Nd Jewelers AssociationPo Box 6192, St Cloud, MN 56302-6192MN1949-08$50,548
Number of organizations performing similar types of work
Alaska1
Alabama14
Arkansas10
Arizona16
California106
Colorado19
Connecticut11
District of Columbia76
Delaware7
Florida53
Georgia30
Hawaii5
Iowa18
Idaho2
Illinois81
Indiana24
Kansas13
Kentucky10
Louisiana15
Massachusetts26
Maryland26
Maine3
Michigan31
Minnesota26
Missouri27
Mississippi11
Montana5
North Carolina39
North Dakota1
Nebraska5
New Hampshire6
New Jersey28
New Mexico5
Nevada8
New York89
Ohio41
Oklahoma12
Oregon18
Pennsylvania48
Rhode Island4
South Carolina11
South Dakota9
Tennessee20
Texas75
Utah4
Virginia107
Vermont5
Washington25
Wisconsin20
West Virginia8
Wyoming3
International5
Total1,262

faqs.org is not associated with, endorsed by, or sponsored by Hutchinson Area Chamber Of Commerce and has no official or unofficial affiliation with Hutchinson Area Chamber Of Commerce