Civic Intelligence

Minneapolis Regional Chamber Development Foundation

990 • Fiscal year 2011 • EIN 36-3468708

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 12, 2012

81 South Ninth Street No 20055402
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.07x

Higher debt load relative to assets than 72% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

92nd percentile

117%

Faster asset growth than 92% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$444,365

Up $239,293 (+117%) from 2010

Net Assets

Up

$412,985

Up $220,951 (+115%) from 2010

Liabilities

Up

$31,380

Up $18,342 (+141%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$249,299

Up $46,501 (+23%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.0M$0-$1.0MAssets 2010: $205,072Liabilities 2010: $13,038Net Assets 2010: $192,0342010Assets 2011: $444,365Liabilities 2011: $31,380Net Assets 2011: $412,9852011Assets 2012: $157,584Liabilities 2012: $16,371Net Assets 2012: $141,2132012Assets 2013: $166,777Liabilities 2013: $18,776Net Assets 2013: $148,0012013Assets 2014: $87,543Liabilities 2014: $2,799Net Assets 2014: $84,7442014Assets 2015: $83,330Liabilities 2015: $2,000Net Assets 2015: $81,3302015Assets 2017: $338,135Liabilities 2017: $82,203Net Assets 2017: $255,9322017Assets 2018: $403,073Liabilities 2018: $90,397Net Assets 2018: $312,6762018Assets 2019: $530,493Liabilities 2019: $158,298Net Assets 2019: $372,1952019Assets 2020: $1,643,579Liabilities 2020: $680,767Net Assets 2020: $962,8122020Assets 2021: $1,478,296Liabilities 2021: $538,157Net Assets 2021: $940,1392021Assets 2022: $1,336,749Liabilities 2022: $774,437Net Assets 2022: $562,3122022Assets 2023: $872,882Liabilities 2023: $1,121,740Net Assets 2023: -$248,8582023Assets 2024: $533,080Liabilities 2024: $1,009,615Net Assets 2024: -$476,5352024

Highlighted filing

2011

Assets$444,365
Liabilities$31,380
Net Assets$412,985

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $202,7982010Expenses 2011: $249,2992011Expenses 2012: $599,6722012Revenue 2013: $354,350Expenses 2013: $347,562Net Income 2013: $6,7882013Revenue 2014: $13,550Expenses 2014: $76,807Net Income 2014: -$63,2572014Revenue 2015: $17,850Expenses 2015: $21,264Net Income 2015: -$3,4142015Revenue 2017: $320,451Expenses 2017: $132,872Net Income 2017: $187,5792017Revenue 2018: $456,070Expenses 2018: $399,326Net Income 2018: $56,7442018Revenue 2019: $786,008Expenses 2019: $726,489Net Income 2019: $59,5192019Revenue 2020: $1,671,491Expenses 2020: $1,080,874Net Income 2020: $590,6172020Revenue 2021: $1,731,380Expenses 2021: $1,754,053Net Income 2021: -$22,6732021Revenue 2022: $1,612,535Expenses 2022: $2,000,512Net Income 2022: -$387,9772022Revenue 2023: $1,617,688Expenses 2023: $2,257,696Net Income 2023: -$640,0082023Revenue 2024: $1,679,780Expenses 2024: $1,907,457Net Income 2024: -$227,6772024

Highlighted filing

2011

Revenue-
Expenses$249,299
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Nov 12, 2012
Return Version
2011v1.2
Gross Receipts
$470,250
Mission and Program Overview

Mission

The mission of the minneapolis chamber of commerce development foundation is to offer innovative ways of reducing unemployment, improve educational opportunities for disadvantaged youth, initiate and conduct leadership development programs and promote efforts that enhance the quality of life and leadership skills in the minneapolis and st. Paul areas.

Major Activities

Activity 2
The partnership: in 2009, the partnership was formed to focus on retaining business professionals of people of color in minnesota. The minneapolis foundation has committed $90,000 to operate this program for one year. The program continued to operate in 2011 holding a regular program with eight sessions from february to july.
Filing and Contact Details

Filer

EIN
36-3468708
Raw XML AppendixShowing 400 of 723 raw XML fields

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IRS990/Activity2/Description0THE PARTNERSHIP: IN 2009, THE PARTNERSHIP WAS FORMED TO FOCUS ON RETAINING BUSINESS PROFESSIONALS OF PEOPLE OF COLOR IN MINNESOTA. THE MINNEAPOLIS FOUNDATION HAS COMMITTED $90,000 TO OPERATE THIS PROGRAM FOR ONE YEAR. THE PROGRAM CONTINUED TO OPERATE IN 2011 HOLDING A REGULAR PROGRAM WITH EIGHT SESSIONS FROM FEBRUARY TO JULY.
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IRS990/Description0ECONOMIC DEVELOPMENT: THROUGH THE MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION, THE CHAMBER PROVIDES LEADERSHIP PROGRAMS THAT ARE DESIGNED TO EDUCATE CURRENT AND FUTURE BUSINESS EXECUTIVES ABOUT RELEVANT COMMUNITY ISSUES. INFORMATIONAL EVENTS AND NETWORKING OPPORTUITIES ARE DESIGNED TO PROVIDE BUSINESS ECONOMIC DEVELOPMENT AND COMMUNITY INVOLVEMENT. IN 2007, DEVELOPMENT BEGAN ON THE ECONOMIC DEVELOPMENT WEBSITE WHICH IS A COLLABORATIVE WEBSITE FOR THE 11-COUNTY METOR AREA THAT INCORPORTATES GEOGRAPHIC INFORMATION SYSTEMS (GIS) TECHNOLOGY IN ORDER TO COMPETITIVELY MEET THE INFORMATION NEEDS OF DECISION MAKERS FOR EXPANDING AND RELOCATING BUSINESSES INCLUDING INFORMATION ON THE ECONOMY, WORKFORCE, AND DEVELOPMENT ASSETS THROUGOUT THE METRO AREA. DURING 2011, THE WEBSITE WAS GIVEN TO METROMSP, AND INDEPENDENT ORGANIZATION TO MAINTAIN AND GROW. DURING 2011, THE MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE DEVELOPMENT FOUNDATION BEGAN AN INITIATIVE TO ADDRESS A REGIONAL TRANSIT SYSTEM.
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs140
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs150
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs160
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs170
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs190
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs270
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs370
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs390
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs400
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs420
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs430
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs440
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs450
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs46173767
IRS990/Form990PartVIISectionA/Title0CHAIR
IRS990/Form990PartVIISectionA/Title1PAST CHAIR
IRS990/Form990PartVIISectionA/Title2TREASURER
IRS990/Form990PartVIISectionA/Title3BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title4BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title5BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title6BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title7BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title8BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title9BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title10BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title11BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title12BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title13BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title14BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title15BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title16BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title17BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title18BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title19BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title20BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title21BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title22BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title23BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title24BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title25BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title26BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title27BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title28BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title29BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title30BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title31BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title32BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title33BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title34BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title35BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title36BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title37BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title38BOARD DIRECTOR
IRS990/Form990PartVIISectionA/Title39BOARD DIRECTOR

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$1.01$0.48$1.68$1.91$0.23
2023Detailed filing. Detailed filing data is available for this year.$0.87$1.12$0.25$1.62$2.26$0.64
2022Detailed filing. Detailed filing data is available for this year.$1.34$0.77$0.56$1.61$2.00$0.39
2021Detailed filing. Detailed filing data is available for this year.$1.48$0.54$0.94$1.73$1.75$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.64$0.68$0.96$1.67$1.08$0.59
2019Detailed filing. Detailed filing data is available for this year.$0.53$0.16$0.37$0.79$0.73$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.40$0.09$0.31$0.46$0.40$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.34$0.08$0.26$0.32$0.13$0.19
2015Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.02$0.02$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.08$0.01$0.08$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.17$0.02$0.15$0.35$0.35$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.02$0.14$0.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.03$0.41$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.01$0.19$0.20