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Nonprofit · EIN 41-1675433

ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC

Tax-exempt · ROCHESTER, MN 55904

Financials

$61K$35K2024
Revenue Expenses · by fiscal year end
Financials of ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$60,573$35,057$25,516$226,931$58,614$168,317
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$14,313
Program service revenue
$43,400
Investment income
$2,860

Expenses

Compensation of officers, directors and key employees
$0
Other expenses
$35,057
Program services (functional)
$34,929

Balance sheet and other

Total assets, start of year
$202,079
Total assets, end of year
$226,931
Total liabilities, end of year
$58,614
Net assets, end of year
$168,317
Cash, savings and investments
$223,431
Gross receipts
$60,573

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RYAN PARSONSPRESIDENT3$0
STEVE DUNNCHAIR1$0
GWEN STEVENSCHAIR ELECT1$0
JESSICA EIDEMTREASURER1$0
JARETT JONESSECRETARY1$0
SCOTT EGGERTAT LARGE1$0

Address and contacts

Address (IRS master file)
220 BROADWAY AVE S STE 100, ROCHESTER, MN 55904-6517
In care of
% BRENDA RIGGOTT
Mailing address (990-N for 2023)
220 S Broadway Suite 100, Rochester MN 55904
Principal officer (990-N for 2023)
Ryan Parsons, 220 S Broadway Suite 100, Rochester MN 55904
Signed the 990-EZ
RYAN PARSONS, PRESIDENT
Phone
(507) 288-1122
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO SUPPORT AND ADVANCE THE CHARITABLE INTERESTS OF THE ROCHESTER AREA CHAMBER OF COMMERCE THROUGH EDUCATION AND WORKFORCE DEVELOPMENT PROGRAMS WHICH PROMOTE P-16 EDUCATION INITIATIVES, CREATION OF DIVERSE AND FLEXIBLE WORKPLACES, LEADERSHIP DEVELOPMENT WHICH ENCOURAGES A DYNAMIC AND INNOVATIVE VISION OF THE FUTURE, PLANNING, RESEARCH AND COMMUNITY EDUCATION TO ANTICIPATE AND COMMUNICATE FUTURE COMMUNITY NEEDS AND CHALLENGES, AND PARTNERSHIPS BETWEEN THE BUSINESS COMMUNITY AND EDUCATIONAL, GOVERNMENTAL AND NON-PROFIT ORGANIZATIONS.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • LEADERSHIP GREATER ROCHESTER CIP - ONE OF THE TWO 2024 COHORTS OF THE CHAMBER'S LEADERSHIP GREATER ROCHESTER PROGRAM, IN PARTNERSHIP WITH OLMSTEDCOUNTY PUBLIC HEALTH, LAUNCHED AN INNOVATIVE MENTAL HEALTH AWARENESS SIGNS PROJECT. EACH SIGN EMPHASIZES THE SIGNIFICANT BENEFITS OF SPENDING TIME OUTDOORS TOENHANCE MENTAL HEALTH AND WELL-BEING AND ARE THOUGHTFULLY DESIGNED TO REFLECT THE DIVERSE POPULATION OF OLMSTED COUNTY, WITH CONTENT AVAILABLE IN ENGLISH,SPANISH, AND SOMALI. IN ADDITION TO THE MENTAL HEALTH MESSAGES, EACH SIGN INCLUDES A QR CODE THAT DIRECTS USERS TO THE CREDIBLE MIND WEBSITE. THIS VALUABLERESOURCE, LAUNCHED BY OLMSTED COUNTY PUBLIC HEALTH IN DECEMBER 2023, OFFERS A WEALTH OF MENTAL HEALTH CONTENT, SELF-ASSESSMENTS, AND LOCAL COMMUNITYRESOURCES, FURTHER SUPPORTING INDIVIDUALS SEEKING WELL-BEING AND MENTAL HEALTH ASSISTANCE AND GUIDANCE.THE OTHER GROUP INSTALLED COMMUNICATION STATIONS. COMMUNICATION STATIONS AIMS TO ENHANCE PUBLIC SPACES THAT ALLOW FOR INCLUSIVITY, SHARING, CARING, CONNECTIVITY,UNDERSTANDING, AND REFLECTING, WHILE SHOWING EMPATHY AND COMPASSION. COMMUNICATION STATIONS ARE POSITIONED IN LOCAL PARKS, POOLS AND SCHOOLS TO AID IN HELPING NONVERBAL, DISABLED, AND OR HEARING-IMPAIRED CHILDREN AND ADULTS TO COMMUNICATE WITH THEIR FELLOW CLASSMATES, FAMILY, FRIENDS, AND TEACHERS. COMMUNICATION STATIONS ARE A GREAT RESOURCE NO MATTER AGE, RACE, ETHNICITY, CULTURAL BACKGROUND, OR ABILITY OR DISABILITY.
    Expenses $28,675
  • WE HAVE A DREAM CELEBRATION- WE HAVE A DREAM CELEBRATION IS AN ANNUAL COMMUNITY EVENT HELD ON MARTIN LUTHER KING, JR. DAY TO COMMEMORATE THE LIFE ANDWORK OF DR. KING. WITH SEVERAL HUNDREDS IN ATTENDANCE,WELCOMING OPEN CONVERSATIONS.DR. MARTIN LUTHER KING JR. BREAKFAST - DR. MARTIN LUTHER KING, JR. BREAKFAST IS A SIGNATURE EVENT OF THE FOUNDATION, THIS BREAKFAST ENGAGES OVER 300 COMMUNITY LEADERS AND IDENTIFIES A LOCAL, DIVERSITY CHAMPION TO CELEBRATE THE LIFE, WORK AND WISDOM OF MARTIN LUTHER KING, JR. THROUGH AN INSPIRATIONAL MESSAGE. THIS LOCAL CHAMPION WORKS TO INSPIRE COMMUNITY LEADERS TO TAKE AN ACTIVE.
    Expenses $6,254

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-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
41-1675433
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B60Z)
Assets (IRS master file)
$226,931
Income (IRS master file)
$60,573

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$60,573$35,057$226,931XML
990-N for 2023
Officer: Ryan Parsons
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: RYAN PARSONS
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Kathleen Harrington
December 31, 2020≤ $50,000 receipts––e-Postcard
990December 2018–––IRS
990December 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 41-1675433).

Questions about ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC

What is the EIN of ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC?
The employer identification number (EIN) of ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC is 41-1675433.
Is ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC 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 CHAMBER OF COMMERCE FOUNDATION INC 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 CHAMBER OF COMMERCE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC?
The 990-N for 2023 names Ryan Parsons.
Who are the officers and directors of ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $60,573, expenses of $35,057 and total assets of $226,931 at year end.

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