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Nonprofit · EIN 41-1770532

PRIOR LAKE CHAMBER OF COMMERCE

Tax-exempt · PRIOR LAKE, MN 55372

Financials

$312K$302K2023$349K$361K2024
Revenue Expenses · by fiscal year end
Financials of PRIOR LAKE CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$348,541$361,042-$12,501$293,300$0$293,300
December 31, 2023990$311,726$301,999$9,727$305,801$0$305,801
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$125,413
Membership dues
$120,987
Program service revenue
$197,723
Investment income
$25,405
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,000
Other salaries and wages
$190,478
Salaries, compensation and benefits (total)
$208,987
Professional fundraising fees
$0
Accounting fees
$1,951
Occupancy
$12,250
Travel
$1,137
Depreciation
$11,575

Balance sheet and other

Total assets, start of year
$305,801
Total assets, end of year
$293,300
Total liabilities, end of year
$0
Net assets, end of year
$293,300
Land, buildings and equipment
$17,363
Net assets without donor restrictions
$293,300
Gross receipts
$348,541
Employees
6
Volunteers
50
Year formed
1970
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.

NameTitleHours / weekCompensation
SANDRA FLECKEXECUTIVE DIRECTOR
Highest-paid employee
40$126,967
KRISTI MUSSMANSCHOOL LIAISON
Trustee or director
2$0
DARAN ADAIRDIRECTOR
Trustee or director
2$0
MYKA HANSONDIRECTOR
Trustee or director
2$0
JASON WEDELCITY LIAISON
Trustee or director
2$0
RC COLVINDIRECTOR
Trustee or director
2$0
KATHY YOUNGCHAIR
Trustee or director, Officer
2$0
DANIEL STANLEYVICE CHAIR
Trustee or director, Officer
2$0
CHERYL LEITSCHUHPAST CHAIR
Trustee or director
2$0
ANDREW BRUDEVOLDTREASURER
Trustee or director, Officer
2$0
JENNIFER HILTUNENDIRECTOR
Trustee or director
2$0
JENNY NAGYDIRECTOR
Trustee or director
2$0
DR BRITTANY DOMIERDIRECTOR
Trustee or director
2$0
LORI ANDERSONDIRECTOR
Trustee or director
2$0
JUSTINA ALLEN-YANCEYSECRETARY
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
KRISTI MUSSMANSCHOOL LIAISON
Trustee or director
2$0
DARAN ADAIRSECRETARY
Trustee or director, Officer
2$0
DUSTY BROWNTREASURER
Trustee or director, Officer
2$0
JASON WEDELCITY LIAISON
Trustee or director
2$0
RC COLVINPAST CHAIR
Trustee or director, Officer
2$0
JENNIFER HILTUNENCHAIR
Trustee or director, Officer
2$0
DANIEL STANLEYDIRECTOR
Trustee or director
2$0
NIKKI ERICKSONVICE CHAIR
Trustee or director, Officer
2$0
CHERYL LEITSCHUHDIRECTOR
Trustee or director
2$0
KATHIE BOEDIRECTOR
Trustee or director
2$0
ANDREW BRUDEVOLDDIRECTOR
Trustee or director
2$0
KIMBERLY CHURCHILLDIRECTOR
Trustee or director
2$0
KATRINA POSTDIRECTOR
Trustee or director
2$0
KATHY YOUNGDIRECTOR
Trustee or director
2$0
LORI ANDERSONDIRECTOR
Trustee or director
2$0
JUSTINA ALLEN-YANCEYDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
4785 DAKOTA ST SE, PRIOR LAKE, MN 55372-1715
Principal officer (990 for 2024)
KATHY YOUNG, 4785 DAKOTA ST SE, PRIOR LAKE, MN 55372
Signed the 990
KATHY YOUNG, PRESIDENT
Phone
(952) 440-1000
Return prepared by
DS&B LTD

Mission

PROMOTION OF THE PRIOR LAKE AREA.

990 for the year ended December 31, 2024

Program accomplishments

  • MONTHLY NEWSLETTER, MEMBERSHIP LUNCHEON, AND NETWORKING MEETINGS TO INFORM MEMBERS IN AREAS OF INTEREST AND CURRENT EVENTS.
  • SPONSORSHIP OF PRIOR LAKE DAYS AND OTHER CIVIC EVENTS IN SUPPORT OF THE CITY, ITS CITIZENS, AND BUSINESSES.
  • PROVIDING INFORMATION ABOUT THE CITY, ITS SCHOOLS, LOCAL BUSINESSES, AND OTHER AREAS OF INTEREST TO NEW CITIZENS AND VISITORS.
  • SCHOLARSHIP TO A STUDENT IN THE PRIOR LAKE/SAVAGE SCHOOL DISTRICT.

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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-1770532
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$293,300
Income (IRS master file)
$348,541

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$348,541$361,042$293,300IRS
990December 2023$311,726$301,999$305,801XML
990December 2022$287,288$257,988$296,074IRS
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 41-1770532).

Questions about PRIOR LAKE CHAMBER OF COMMERCE

What is the EIN of PRIOR LAKE CHAMBER OF COMMERCE?
The employer identification number (EIN) of PRIOR LAKE CHAMBER OF COMMERCE is 41-1770532.
Is PRIOR LAKE CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1994.
Are donations to PRIOR LAKE CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PRIOR LAKE 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 PRIOR LAKE 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 PRIOR LAKE 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 PRIOR LAKE CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names KATHY YOUNG.
Who are the officers and directors of PRIOR LAKE CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $126,967 (SANDRA FLECK, EXECUTIVE DIRECTOR).
How much revenue does PRIOR LAKE CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $348,541, expenses of $361,042 and total assets of $293,300 at year end.

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