Nonprofit · EIN 41-0801613
FAIRMONT AREA CHAMBER OF COMMERCE
Tax-exempt · FAIRMONT, MN 56031
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $258,984 | $263,777 | -$4,793 | $309,365 | $60,350 | $249,015 |
| December 31, 2024 | 990 | $268,013 | $243,971 | $24,042 | $314,898 | $61,090 | $253,808 |
| December 31, 2023 | 990 | $309,547 | $284,014 | $25,533 | $301,586 | $71,820 | $229,766 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $137,840
- Membership dues
- $137,840
- Program service revenue
- $120,607
- Investment income
- $537
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $74,511
- Other salaries and wages
- $27,663
- Salaries, compensation and benefits (total)
- $124,344
- Professional fundraising fees
- $0
- Accounting fees
- $1,275
- Occupancy
- $27,789
- Travel
- $3,702
- Program services (functional)
- $262,502
- Management and general (functional)
- $1,275
Balance sheet and other
- Total assets, start of year
- $314,898
- Total assets, end of year
- $309,365
- Total liabilities, end of year
- $60,350
- Net assets, end of year
- $249,015
- Net assets without donor restrictions
- $249,015
- Gross receipts
- $258,984
- Employees
- 4
- Year formed
- 1926
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KANDI MENNE | PRESIDENT Officer | 40 | $74,511 |
| JOE LOUGHMILLER | BOARD CHAIR Officer | – | $0 |
| MICHELE MILLER | VICE CHAIR Officer | – | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KANDI MENNE | PRESIDENT Officer | 40 | $70,283 |
| YVONNE CONE | BOARD CHAIR Officer | – | $0 |
| JOE LOUGHMILLER | VICE CHAIR Officer | – | $0 |
| AARON SPELTZ | TREASURER Officer | – | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KANDI MENNE | PRESIDENT Officer | 40 | $64,884 |
| AARON SPELTZ | TREASURER Trustee or director | – | $0 |
| JOE EVANS | VICE CHAIR Officer | – | $0 |
| KEITH HOYE | CHAIR Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 323 E BLUE EARTH AVE, FAIRMONT, MN 56031-2860
- Principal officer (990 for 2025)
- KANDI MENNE, 521 DAY STREET, FAIRMONT, MN 56031
- Signed the 990
- KANDI MENNE, PRESIDENT
- Phone
- (507) 235-5547
- Website
- WWW.FAIRMONT.ORG
- Return prepared by
- PIERCE ACCOUNTING AND TAX SERVICES
Mission
CHAMBER OF COMMERCE
Program accomplishments
- NONE
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 | 990 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
- 41-0801613
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1975
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $309,365
- Income (IRS master file)
- $258,984
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $258,984 | $263,777 | $309,365 | IRS |
| 990 | December 2024 | $268,013 | $243,971 | $314,898 | IRS |
| 990 | December 2023 | $309,547 | $284,014 | $301,586 | XML |
| 990 | December 2022 | $328,465 | $273,659 | $301,016 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 41-0801613).
Questions about FAIRMONT AREA CHAMBER OF COMMERCE
- What is the EIN of FAIRMONT AREA CHAMBER OF COMMERCE?
- The employer identification number (EIN) of FAIRMONT AREA CHAMBER OF COMMERCE is 41-0801613.
- Is FAIRMONT AREA CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1975.
- Are donations to FAIRMONT AREA CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FAIRMONT 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 FAIRMONT AREA CHAMBER OF COMMERCE 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 FAIRMONT 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 2025.
- Who is the principal officer of FAIRMONT AREA CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2025 names KANDI MENNE.
- Who are the officers and directors of FAIRMONT AREA CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $74,511 (KANDI MENNE, PRESIDENT).
- How much revenue does FAIRMONT AREA CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $258,984, expenses of $263,777 and total assets of $309,365 at year end.
Other nonprofits in FAIRMONT
- LAKEVIEW METHODIST HEALTH CARE CENTER EIN 41-0874740 · last filed 990 for 2025
- STEP INC EIN 41-0874998 · last filed 990 for 2024
- CARING PREGNANCY CENTER INC EIN 36-3348569 · last filed 990 for 2024
- JUANITA E SCHMEECKLE CHARITABLE TR EIN 47-6812360 · last filed 990-PF for 2025
- MAPLEWOOD RESIDENCE INC EIN 36-3361594 · last filed 990-PF for 2025
- FAIRMONT OPERA HOUSE INC EIN 41-1408912 · last filed 990 for 2025
- MARTIN COUNTY FAIR EIN 41-2017823 · last filed 990 for 2025
- MARTIN COUNTY HISTORICAL SOCIETY EIN 41-0824189 · last filed 990 for 2025