Nonprofit · EIN 41-0506950
ROCHESTER AREA CHAMBER OF COMMERCE
Tax-exempt · ROCHESTER, MN 55904
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,409,382 | $1,582,854 | -$173,472 | $1,457,396 | $594,894 | $862,502 |
| December 31, 2023 | 990 | $1,311,545 | $1,304,017 | $7,528 | $1,694,119 | $658,145 | $1,035,974 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,687
- Program service revenue
- $1,354,280
- Investment income
- $29,033
- Net rental income
- $14,703
- Other revenue
- $24,382
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $158,237
- Other salaries and wages
- $497,785
- Salaries, compensation and benefits (total)
- $784,828
- Professional fundraising fees
- $0
- Legal fees
- $550
- Accounting fees
- $49,911
- Occupancy
- $88,488
- Depreciation
- $20,388
Balance sheet and other
- Total assets, start of year
- $1,694,119
- Total assets, end of year
- $1,457,396
- Total liabilities, end of year
- $594,894
- Net assets, end of year
- $862,502
- Land, buildings and equipment
- $314,991
- Net assets without donor restrictions
- $862,502
- Gross unrelated business income
- $31,333
- Gross receipts
- $1,409,382
- Employees
- 13
- Volunteers
- 36
- Year formed
- 1866
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RYAN PARSONS | PRESIDENT Officer | 65 | $152,160 | $6,077 |
| STEVE DUNN | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| GWEN STEVENS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JESSICA EIDEM | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JARETT JONES | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JOHN ECKERMAN | SECRETARY (THROUGH SEPT) Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT EGGERT | DIRECTOR AT LARGE Trustee or director | 1 | $0 | $0 |
| DOUG HOLTAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DR JEFFREY BOYD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ULISES GONZALES | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CHAD LAUNDERVILLE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CHAD BEHNKEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| HEATHER DONOVAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| TOM LEMIER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KELSEY VASZILY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTY SUTTON | DIRECTOR Trustee or director | 0.5 | $0 |
| OMAR NUR | DIRECTOR Trustee or director | 0.5 | $0 |
| SANTHI ARUNACHALAM | DIRECTOR Trustee or director | 0.5 | $0 |
| SYLWIA OLIVER | DIRECTOR Trustee or director | 0.5 | $0 |
| BEN KING | DIRECTOR Trustee or director | 0.5 | $0 |
| JENNA OBERNOLTE | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 28 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RYAN PARSONS | PRESIDENT Officer | 65 | $144,200 | $4,452 |
| CHERYL KRAGE | DIRECTOR OF OPERATIONS Officer | 45 | $12,775 | $0 |
| SCOTT EGGERT | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| STEVE DUNN | CHAIR-ELECT Trustee or director, Officer | 1 | $0 | $0 |
| JESSICA EIDEM | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOHN ECKERMAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DR CHRISTINE BEECH | SECRETARY (THROUGH SEPT) Trustee or director, Officer | 1 | $0 | $0 |
| GWEN STEVENS | DIRECTOR AT LARGE Trustee or director | 0.5 | $0 | $0 |
| DOUG HOLTAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DR JEFFREY BOYD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ULISES GONZALES | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CHAD LAUNDERVILLE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CHAD BEHNKEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JARETT JONES | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| HEATHER DONOVAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| TOM LEMIER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KELSEY VASZILY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KRISTY SUTTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MARGE KELLEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| OMAR NUR | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SANTHI ARUNACHALAM | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SYLWIA OLIVER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ABEL GARCIA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| NIKKI MENSING | DIRECTOR (THROUGH SEPT) Trustee or director | 0.5 | $0 | $0 |
| JACK PRIGGEN | DIRECTOR (THROUGH SEPT) Trustee or director | 0.5 | $0 | $0 |
| DR LORI CARRELL | DIRECTOR (THROUGH SEPT) Trustee or director | 0.5 | $0 | $0 |
| CHRISTY BLADE | DIRECTOR (THROUGH SEPT) Trustee or director | 0.5 | $0 | $0 |
| DAVID PEDERSON | DIRECTOR (THROUGH SEPT) Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 220 BROADWAY AVE S STE 100, ROCHESTER, MN 55904-6517
- Principal officer (990 for 2024)
- RYAN PARSONS, 220 S BROADWAY 100, ROCHESTER, MN 55904
- Signed the 990
- RYAN PARSONS, PRESIDENT
- Phone
- (507) 288-1122
- Website
- WWW.ROCHESTERMNCHAMBER.COM
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE CHAMBER PROMOTES BUSINESS SUCCESS WHICH SUPPORTS A THRIVING COMMUNITY.
Program accomplishments
- CHAMBER ANNUAL MEMBER CELEBRATION-THE ROCHESTER AREA CHAMBER OF COMMERCE HOSTS AN ANNUAL MEMBER CELEBRATION TO RECOGNIZE AND HONOR THE CONTRIBUTIONS OF ITS MEMBERS, VOLUNTEERS, AND COMMUNITY PARTNERS. THIS EVENT BRINGS TOGETHER BUSINESS AND COMMUNITY LEADERS TO CELEBRATE THE ACHIEVEMENTS OF THE PAST YEAR, HIGHLIGHT ORGANIZATIONAL MILESTONES, AND PRESENT AWARDS RECOGNIZING EXCELLENCE IN BUSINESS AND COMMUNITY ENGAGEMENT. THE CELEBRATION FOSTERS NETWORKING, STRENGTHENS MEMBER RELATIONSHIPS, AND REINFORCES THE CHAMBER'S MISSION TO SUPPORT AND PROMOTE A VIBRANT BUSINESS COMMUNITY.
- SINCE 1987, THE CHAMBER'S LEADERSHIP GREATER ROCHESTER (LGR) PROGRAM HAS PROPELLED LEADERS IN THE COMMUNITY TO FURTHER BE INSPIRED, CONNECTED AND ENLIGHTENED. THE 1,000+ ALUMNI WHO HAVE GRADUATED FROM LGR HAVE GONE ON TO SERVE IN VARIOUS CIVIC, COMMUNITY, AND BUSINESS LEADERSHIP POSITIONS. THE LGR NETWORK STRETCHES ACROSS THE COMMUNITY, PRESENT IN ALMOST EVERY SECTOR.THIS 10-MONTH PROGRAM IMMERSES THREE DOZEN LEADERS IN SESSIONS EXAMINING EVERYTHING FROM ECONOMIC DEVELOPMENT AND THE LOCAL ARTS SCENE, TO WORKFORCE DEVELOPMENT AND BUILDING A SUSTAINABLE COMMUNITY. THROUGH ENRICHING CONVERSATIONS, BEHIND-THE-SCENES TOURS, AND WORK ON THE COMMUNITY IMPACT PROJECT, THE LGR EXPERIENCE BUILDS LIFELONG RELATIONSHIPS AND PROVIDES OPPORTUNITIES FOR BUSINESS AND COMMUNITY LEADERS TO SHAPE AND CONTRIBUTE TO THE FABRIC OF THE GREATER ROCHESTER AREA.
- ANNUAL GOLF OUTING - A TIME FOR OUR MEMBERSHIP TO COME TOGETHER AND ENJOY OUR MINNESOTA SUMMER WEATHER. THIS IS A FANTASTIC OPPORTUNITY FOR LEADERS TO CONNECT WITH OTHERS FROM THEIR OWN BUSINESS AND NETWORK WITH ROCHESTER AREA BUSINESS LEADERS. MEMBERS HAVE AN OPPORTUNITY TO PROMOTE THEIR BUSINESS AND ENJOY A DAY OF GOLF.
- LEMONADE DAY IS A COMMUNITY-WIDE PROGRAM THAT TEACHES LOCAL YOUTH ENTREPRENEURIAL AND LIFE SKILLS AS THEY LEARN HOW TO START THEIR VERY OWN BUSINESS, A LEMONADE STAND. THEY LEARN HOW TO DEVELOP A BUSINESS AND EXPERIENCE ALL THE ASPECTS OF MAINTAINING A BUSINESS, SUCH AS CREATING A PRODUCT, ESTABLISHING A BUDGET, DESIGNING A MARKETING PLAN, AND SO MUCH MORE.
- CHAMBER CHAMPIONS LEAGUE-UNITES BUSINESSES THROUGH A SERIES OF FRIENDLY HEAD-TO-HEAD COMPETITIONS, BLENDING PHYSICAL CHALLENGES, MENTAL TRIALS, AND TEAM-BUILDING ACTION IN ONE FUN-FILLED DAY OF TEAMWORK.RYT SUMMIT IS A PROFESSIONAL DEVELOPMENT CONFERENCE WITH A BLEND OF A LEADERSHIP PANEL, WORKSHOP, AND KEYNOTE SPEAKER PROVIDING INSIGHTS AND STRATEGIES FOR LEADERSHIP AND PROFESSIONAL GROWTH.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-0506950
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1928
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,457,396
- Income (IRS master file)
- $1,409,382
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,409,382 | $1,582,854 | $1,457,396 | XML |
| 990 | December 2023 | $1,311,545 | $1,304,017 | $1,694,119 | XML |
| 990 | December 2022 | $1,124,185 | $1,137,228 | $1,701,955 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 41-0506950).
Questions about ROCHESTER AREA CHAMBER OF COMMERCE
- What is the EIN of ROCHESTER AREA CHAMBER OF COMMERCE?
- The employer identification number (EIN) of ROCHESTER AREA CHAMBER OF COMMERCE is 41-0506950.
- Is ROCHESTER AREA CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1928.
- Are donations to ROCHESTER AREA CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ROCHESTER AREA 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 ROCHESTER AREA 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 ROCHESTER AREA 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 ROCHESTER AREA CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 names RYAN PARSONS.
- Who are the officers and directors of ROCHESTER AREA CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 lists 21 people; 1 received compensation from the organization, the highest $152,160 (RYAN PARSONS, PRESIDENT).
- How much revenue does ROCHESTER AREA CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,409,382, expenses of $1,582,854 and total assets of $1,457,396 at year end.
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