Civic Intelligence

Ely Chamber of Commerce

990 • Fiscal year 2019 • EIN 41-0237425

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 13, 2020

1600 East Sheridan StreetEly, MN 55731

(218) 365-6123

Siviq Scores

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

Liabilities / Assets

45th percentile

0.04x

Higher debt load relative to assets than 45% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

47th percentile

0.04x

Higher debt load relative to revenue than 47% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Net Margin

74th percentile

12%

Higher net margin than 74% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

49th percentile

$48,060

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 8.3% of source-year revenue.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Asset Growth

57th percentile

7.9%

Faster asset growth than 57% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

26th percentile

-4.4%

Faster revenue growth than 26% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$608,176

Up $44,417 (+7.9%) from 2018

Net Assets

Up

$583,607

Up $69,915 (+14%) from 2018

Liabilities

Down

$24,569

Down $25,498 (-51%) from 2018

Revenue

Down

$580,157

Down $26,610 (-4.4%) from 2018

Expenses

Down

$510,242

Down $185,438 (-27%) from 2018

Net Income

Up

$69,915

Up $158,828 (+179%) from 2018

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2012: $484,512Liabilities 2012: $2,393Net Assets 2012: $482,1192012Assets 2013: $511,389Liabilities 2013: $2,589Net Assets 2013: $508,8002013Assets 2014: $492,772Liabilities 2014: $2,778Net Assets 2014: $489,9942014Assets 2015: $534,171Liabilities 2015: $20,673Net Assets 2015: $513,4982015Assets 2016: $606,028Liabilities 2016: $38,757Net Assets 2016: $567,2712016Assets 2017: $621,615Liabilities 2017: $38,398Net Assets 2017: $583,2172017Assets 2018: $563,759Liabilities 2018: $50,067Net Assets 2018: $513,6922018Assets 2019: $608,176Liabilities 2019: $24,569Net Assets 2019: $583,6072019Assets 2020: $389,897Liabilities 2020: $10,855Net Assets 2020: $379,0422020Assets 2021: $481,381Liabilities 2021: $64,814Net Assets 2021: $416,5672021Assets 2022: $405,474Liabilities 2022: $57,711Net Assets 2022: $347,7632022Assets 2023: $318,794Liabilities 2023: $132,857Net Assets 2023: $185,9372023Assets 2024: $214,282Liabilities 2024: $118,388Net Assets 2024: $95,8942024Assets 2025: $185,572Liabilities 2025: $129,126Net Assets 2025: $56,4462025

Highlighted filing

2019

Assets$608,176
Liabilities$24,569
Net Assets$583,607

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $629,1192012Revenue 2013: $526,251Expenses 2013: $542,207Net Income 2013: -$15,9562013Revenue 2014: $562,707Expenses 2014: $642,378Net Income 2014: -$79,6712014Revenue 2015: $625,592Expenses 2015: $592,127Net Income 2015: $33,4652015Revenue 2016: $602,223Expenses 2016: $533,406Net Income 2016: $68,8172016Revenue 2017: $616,801Expenses 2017: $594,597Net Income 2017: $22,2042017Revenue 2018: $606,767Expenses 2018: $695,680Net Income 2018: -$88,9132018Revenue 2019: $580,157Expenses 2019: $510,242Net Income 2019: $69,9152019Revenue 2020: $566,893Expenses 2020: $765,070Net Income 2020: -$198,1772020Revenue 2021: $156,448Expenses 2021: $200,492Net Income 2021: -$44,0442021Revenue 2022: $237,179Expenses 2022: $305,983Net Income 2022: -$68,8042022Revenue 2023: $194,126Expenses 2023: $343,010Net Income 2023: -$148,8842023Revenue 2024: $224,560Expenses 2024: $315,202Net Income 2024: -$90,6422024Revenue 2025: $237,425Expenses 2025: $294,876Net Income 2025: -$57,4512025

Highlighted filing

2019

Revenue$580,157
Expenses$510,242
Net Income$69,915
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 13, 2020
Return Version
2018v3.1
Gross Receipts
$580,157
Mission and Program Overview

Mission

The Chamber of Commerce leads a thriving, sustainable economic community through leadership and advocacy, strategic partnerships, career development of its workforce and, business diversity and education.

To promote economic, civic and social welfare of the Ely area and to concern itself in the development of the vicinity insofar as it furthers the best interests of the area and the residents thereof.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$407,994$424,917▲ $16,923
Cash and Non-Interest-Bearing Accounts$137,106$167,334▲ $30,228
Land, Buildings, and Equipment, Net$18,659$15,925▼ $2,734
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$563,759$608,176▲ $44,417
Other Assets Total-$0-
Liabilities
Deferred Revenue$44,190$21,785▼ $22,405
Accounts Payable and Accrued Expenses$5,877$2,784▼ $3,093
Total Liabilities$50,067$24,569▼ $25,498
Net Assets / Fund Balance
Unrestricted Net Assets$513,692$583,607▲ $69,915
Total Net Assets Fund Balance$513,692$583,607▲ $69,915
Total Liabilities and Net Assets / Fund Balance$563,759$608,176▲ $44,417

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$8,368$41,034$49,402
Equipment$5,479$30,615$36,094
Other Land Buildings$765$7,409$8,174
Buildings$1,313$6,050$7,363
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eva SebestaExecutive DirectorFT$47,500$560$48,060

Board Members and Trustees

NameTitle
Brian ForsbergPresident
Jason ZaborkrtskyDirector
Jay PoshakDirector
Dave Sebesta1st Vice Pres
Dafne Caruso2nd Vice Pres
Mary ZupancichSecretary
Chuck ZeugnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,000
Program Service Revenue
$531,316
Investment Income
$26,191
Other Revenue
$15,650
Change in Net Assets
$69,915
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$392,930
Salaries, Compensation, and Employee Benefits$116,662
Grants and Similar Amounts Paid$650
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$234,848
Other Salaries and Wages---$55,374
Current Officers, Directors, Trustees, and Key Employees---$47,500
Office Expenses---$24,671
Payroll Taxes---$11,183
Fees for Services Other---$11,024
Fees for Services Legal---$9,853
Other Expenses---$8,891
Occupancy---$7,599
All Other Expenses---$4,824
Insurance---$4,546
Depreciation Depletion---$2,734
Pension Plan Contributions---$2,605
Fees for Services Accounting---$2,255
Grants to Domestic Orgs---$650
Travel---$265
Total Functional Expenses$0$0$0$510,242
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

ACTIVE MEMBERSHIP: Any person, natural or legal, who in doing business in the trade area of Ely, Minnesota and shares a common concern for the economic, civic, commercial and social welfare of the Ely area, and who shall be declared eligible to active membership and subject to the acceptance of the board of directors shall be eligible for the active membership in this corporation.SPONSORING MEMBERSHIP: Any person, natural or legal, who shall submit to the purpose and support the activities to this corporation, shall be eligible for sponsoring memberships in this corporation. Sponsoring membership includes clubs, organizations and for-profit businesses that do not have a physical location in Ely but sell goods and services to the Ely area. The board of directors, from time to time, may create such classes of sponsoring memberships as it deems in the best interest of the corporation and establish the privileges, rights and obligations of such sponsoring memberships, provided however, that no such sponsoring memberships shall be entitled to vote in the affairs of the corporation.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

NOMINATING COMMITTEE: The Board shall appoint to serve as a Nominating Committee two (2) board Members whose terms of office are not currently expiring, and three (3) active members of the corporation not serving on its Board of Directors. It shall be the duty of such Committee to recommend and present to the Board a slate of nominees as candidates for election to the Board of Directors to fill the vacancies occurring thereon by expiration of terms. Such Committee shall name not less than one (1) nominee for each such occurring vacancy.BALLOTS: The ballots shall be officially approved by the Board of Directors. Blank spaces for write -in candidates must equal the number of nominations for each category. The ballots shall be mailed out by the Secretary of the current Board at least 10 days prior to the election. A return self-address envelop shall be included with each ballot. The return address shall be an impartial agency or auditor to tally such ballots and shall over his signature disclose to the Board the results hereof and such results shall be made known by the Board by proper report.DIRECTORS: Each Director shall be elected by a majority of the votes cast by the Active Members, in their category, except as otherwise provided under Article 3 of these By-Laws. In the event of any tie vote occurring where balloting has been conducted by mail, the remaining members of the Board of Directors shall cast their ballots until such tie is broken and the vacancy filled.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

See above (line 7a).

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is reviewed by the executive director and board members prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Continual review of any conflicts, or potential conflicts, are addressed by the board.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Board of directors reviewed and documented similar salary ranges prior to hiring new executive director.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Ely Chamber of Commerce
EIN
41-0237425
Phone
2183656123
Address
1600 East Sheridan Street, Ely, MN 55731

Signing Officer

Name
Brian Forsberg
Title
President
Signed
2020-02-13
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
50

Preparer

Firm
Walker Giroux & Hahne LLC
Address
225 1st Street N Suite 2400, Virginia, MN 55792
Preparer
Kaija Giroux
Phone
2187494880
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt011183
IRS990/PensionPlanContributionsGrp/TotalAmt02605
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Advertising income
IRS990/ProgramServiceRevenueGrp/Desc1Ely Marathon
IRS990/ProgramServiceRevenueGrp/Desc2Festivals
IRS990/ProgramServiceRevenueGrp/Desc3LODGING TAX
IRS990/ProgramServiceRevenueGrp/Desc4Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt051922
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt186143
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2238082
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt381180
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt046080
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt151922
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt286143
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3238082
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt481180
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt046080
IRS990/ProgSrvcAccomActy2Grp/Desc0Event Coordinator Bureau - Joint venture serving to coordinate efforts by area groups planning events, maintaining an event calendar helping keep residents and visitors up to date on area activities, and supports or actively manages events designed to promote the area and attract visitors.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt046674
IRS990/ProgSrvcAccomActy3Grp/Desc0The Ely Area Tourism Bureau is a perpetual committee of the Ely Chamber of Commerce that operates autonomously.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt010100
IRS990/PYGrantsAndSimilarPaidAmt0800
IRS990/PYInvestmentIncomeAmt010852
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0590631
IRS990/PYOtherRevenueAmt016900
IRS990/PYProgramServiceRevenueAmt0568915
IRS990/PYRevenuesLessExpensesAmt0-88913
IRS990/PYSalariesCompEmpBnftPaidAmt0104249
IRS990/PYTotalExpensesAmt0695680
IRS990/PYTotalRevenueAmt0606767
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt069915
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0407994
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0424917
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01313
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06050
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07363
IRS990ScheduleD/EquipmentGrp/BookValueAmt05479
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030615
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt036094
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08368
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt041034
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt049402
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0765
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07409
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08174
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015925
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVE MEMBERSHIP: Any person, natural or legal, who in doing business in the trade area of Ely, Minnesota and shares a common concern for the economic, civic, commercial and social welfare of the Ely area, and who shall be declared eligible to active membership and subject to the acceptance of the board of directors shall be eligible for the active membership in this corporation.SPONSORING MEMBERSHIP: Any person, natural or legal, who shall submit to the purpose and support the activities to this corporation, shall be eligible for sponsoring memberships in this corporation. Sponsoring membership includes clubs, organizations and for-profit businesses that do not have a physical location in Ely but sell goods and services to the Ely area. The board of directors, from time to time, may create such classes of sponsoring memberships as it deems in the best interest of the corporation and establish the privileges, rights and obligations of such sponsoring memberships, provided however, that no such sponsoring memberships shall be entitled to vote in the affairs of the corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NOMINATING COMMITTEE: The Board shall appoint to serve as a Nominating Committee two (2) board Members whose terms of office are not currently expiring, and three (3) active members of the corporation not serving on its Board of Directors. It shall be the duty of such Committee to recommend and present to the Board a slate of nominees as candidates for election to the Board of Directors to fill the vacancies occurring thereon by expiration of terms. Such Committee shall name not less than one (1) nominee for each such occurring vacancy.BALLOTS: The ballots shall be officially approved by the Board of Directors. Blank spaces for write -in candidates must equal the number of nominations for each category. The ballots shall be mailed out by the Secretary of the current Board at least 10 days prior to the election. A return self-address envelop shall be included with each ballot. The return address shall be an impartial agency or auditor to tally such ballots and shall over his signature disclose to the Board the results hereof and such results shall be made known by the Board by proper report.DIRECTORS: Each Director shall be elected by a majority of the votes cast by the Active Members, in their category, except as otherwise provided under Article 3 of these By-Laws. In the event of any tie vote occurring where balloting has been conducted by mail, the remaining members of the Board of Directors shall cast their ballots until such tie is broken and the vacancy filled.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2See above (line 7a).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Continual review of any conflicts, or potential conflicts, are addressed by the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Board of directors reviewed and documented similar salary ranges prior to hiring new executive director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0563759
IRS990/TotalAssetsEOYAmt0608176
IRS990/TotalAssetsGrp/BOYAmt0563759
IRS990/TotalAssetsGrp/EOYAmt0608176
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt07000
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0510242
IRS990/TotalGrossUBIAmt061730
IRS990/TotalLiabilitiesBOYAmt050067
IRS990/TotalLiabilitiesEOYAmt024569
IRS990/TotalLiabilitiesGrp/BOYAmt050067
IRS990/TotalLiabilitiesGrp/EOYAmt024569
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0513692
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0583607
IRS990/TotalOtherCompensationAmt0560
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt027909
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt027909
IRS990/TotalProgramServiceExpensesAmt0107835
IRS990/TotalProgramServiceRevenueAmt0531316
IRS990/TotalReportableCompFromOrgAmt047500
IRS990/TotalRevenueGrp/ExclusionAmt026191
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0485236
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0580157
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt061730
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0563759
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0608176
IRS990/TravelGrp/TotalAmt0265
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0513692
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0583607
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01600 East Sheridan Street
IRS990/USAddress/CityNm0Ely
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055731
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.ely.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-22 18:59:49Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN FORSBERG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELY CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0ELYC
ReturnHeader/Filer/EIN0410237425
ReturnHeader/Filer/PhoneNum02183656123
ReturnHeader/Filer/USAddress/AddressLine1Txt01600 East Sheridan Street
ReturnHeader/Filer/USAddress/CityNm0Ely
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055731
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463893925
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Walker Giroux & Hahne LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0225 1st Street N Suite 2400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Virginia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055792
ReturnHeader/PreparerPersonGrp/PhoneNum02187494880

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$1.29$0.56$2.37$2.95$0.57
2024Detailed filing. Detailed filing data is available for this year.$2.14$1.18$0.96$2.25$3.15$0.91
2023Detailed filing. Detailed filing data is available for this year.$3.19$1.33$1.86$1.94$3.43$1.49
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.05$0.58$3.48$2.37$3.06$0.69
2021Detailed filing. Detailed filing data is available for this year.$4.81$0.65$4.17$1.56$2.00$0.44
2020Detailed filing. Detailed filing data is available for this year.$3.90$0.11$3.79$5.67$7.65$1.98
2019Detailed filing. Detailed filing data is available for this year.$6.08$0.25$5.84$5.80$5.10$0.70
2018Detailed filing. Detailed filing data is available for this year.$5.64$0.50$5.14$6.07$6.96$0.89
2017Detailed filing. Detailed filing data is available for this year.$6.22$0.38$5.83$6.17$5.95$0.22
2016Detailed filing. Detailed filing data is available for this year.$6.06$0.39$5.67$6.02$5.33$0.69
2015Detailed filing. Detailed filing data is available for this year.$5.34$0.21$5.13$6.26$5.92$0.33
2014Detailed filing. Detailed filing data is available for this year.$4.93$0.03$4.90$5.63$6.42$0.80
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.11$0.03$5.09$5.26$5.42$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.85$0.02$4.82$6.29