Civic Intelligence

River Heights Chamber of Commerce

EIN 41-0642281 • 501(c)6 • Inver Grove, MN

Profile

Promote interest of business community

5782 Blackshire PathInver Grove, MN 55076

www.riverheights.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

88th percentile

0.40x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

0.41x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

28th percentile

-13%

Higher net margin than 28% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$72,070

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 45.2% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

74th percentile

13%

Faster asset growth than 74% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-32%

Faster revenue growth than 18% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$160,924

Up $18,608 (+13%) from 2023

Liabilities

Up

$64,976

Up $64,451 (+12276%) from 2023

Net Assets

Down

$95,948

Down $45,843 (-32%) from 2023

Revenue

Down

$159,584

Down $73,514 (-32%) from 2023

Expenses

Down

$180,327

Down $28,754 (-14%) from 2023

Net Income

Down

-$20,743

Down $44,760 (-186%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2010: $184,043Liabilities 2010: $97,436Net Assets 2010: $86,6072010Assets 2011: $171,079Liabilities 2011: $89,968Net Assets 2011: $81,1112011Assets 2012: $170,895Liabilities 2012: $84,198Net Assets 2012: $86,6972012Assets 2013: $171,090Liabilities 2013: $77,881Net Assets 2013: $93,2092013Assets 2014: $177,203Liabilities 2014: $71,339Net Assets 2014: $105,8642014Assets 2015: $180,022Liabilities 2015: $64,440Net Assets 2015: $115,5822015Assets 2016: $152,303Liabilities 2016: $57,912Net Assets 2016: $94,3912016Assets 2017: $179,515Liabilities 2017: $50,212Net Assets 2017: $129,3032017Assets 2018: $142,852Liabilities 2018: $71,497Net Assets 2018: $71,3552018Assets 2019: $106,045Liabilities 2019: $64,834Net Assets 2019: $41,2112019Assets 2020: $102,462Liabilities 2020: $47,630Net Assets 2020: $54,8322020Assets 2021: $141,310Liabilities 2021: $4,673Net Assets 2021: $136,6372021Assets 2022: $118,675Liabilities 2022: $1,965Net Assets 2022: $116,7102022Assets 2023: $142,316Liabilities 2023: $525Net Assets 2023: $141,7912023Assets 2024: $160,924Liabilities 2024: $64,976Net Assets 2024: $95,9482024

Highlighted filing

2024

Assets$160,924
Liabilities$64,976
Net Assets$95,948

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KExpenses 2010: $283,2032010Revenue 2011: $287,574Expenses 2011: $293,070Net Income 2011: -$5,4962011Expenses 2012: $277,8642012Revenue 2013: $250,730Expenses 2013: $244,218Net Income 2013: $6,5122013Revenue 2014: $266,038Expenses 2014: $253,383Net Income 2014: $12,6552014Revenue 2015: $275,642Expenses 2015: $265,924Net Income 2015: $9,7182015Revenue 2016: $285,668Expenses 2016: $306,859Net Income 2016: -$21,1912016Revenue 2017: $358,003Expenses 2017: $323,091Net Income 2017: $34,9122017Revenue 2018: $253,069Expenses 2018: $311,017Net Income 2018: -$57,9482018Revenue 2019: $319,153Expenses 2019: $349,297Net Income 2019: -$30,1442019Revenue 2020: $291,419Expenses 2020: $277,798Net Income 2020: $13,6212020Revenue 2021: $286,412Expenses 2021: $204,607Net Income 2021: $81,8052021Revenue 2022: $227,534Expenses 2022: $247,461Net Income 2022: -$19,9272022Revenue 2023: $233,098Expenses 2023: $209,081Net Income 2023: $24,0172023Revenue 2024: $159,584Expenses 2024: $180,327Net Income 2024: -$20,7432024

Highlighted filing

2024

Revenue$159,584
Expenses$180,327
Net Income-$20,743

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.65$0.96$1.60$1.80$0.21
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.01$1.42$2.33$2.09$0.24
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.02$1.17$2.28$2.47$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.05$1.37$2.86$2.05$0.82
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.48$0.55$2.91$2.78$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.65$0.41$3.19$3.49$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.71$0.71$2.53$3.11$0.58
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.50$1.29$3.58$3.23$0.35
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.58$0.94$2.86$3.07$0.21
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.80$0.64$1.16$2.76$2.66$0.10
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.77$0.71$1.06$2.66$2.53$0.13
2013Detailed filing. Detailed filing data is available for this year.$1.71$0.78$0.93$2.51$2.44$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.84$0.87$2.78
2011Summary only. Only limited summary data is available for this year.$1.71$0.90$0.81$2.88$2.93$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$0.97$0.87$2.83
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2013 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 10, 2014
Return Version
2013v3.1
Gross Receipts
$296,995
Mission and Program Overview

Mission

Promote interest of business community

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$133,404$123,840▼ $9,564
Investments in Publicly Traded Securities$31,801$41,341▲ $9,540
Cash and Non-Interest-Bearing Accounts$5,690$5,909▲ $219
Total Assets$170,895$171,090▲ $195
Liabilities
Mortgage Notes Payable Secured by Investment Property$83,788$77,881▼ $5,907
Other Liabilities$410--
Total Liabilities$84,198$77,881▼ $6,317
Net Assets / Fund Balance
Unrestricted Net Assets$86,697$93,209▲ $6,512
Total Net Assets Fund Balance$86,697$93,209▲ $6,512
Total Liabilities and Net Assets / Fund Balance$170,895$171,090▲ $195

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$105,297$99,163$204,460
Land$13,000-$13,000
Equipment$5,543$4,157$9,700
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Jennifer GalePresident$80,626$10,427$91,053

Board Members and Trustees

NameTitle
Dody SobaszkiewiczChair
Kelton GlewweChair Elect
Tom LeonardPast Chairma
Adam BengtsonDirector
Al EidenDirector
Bill SmithDirector
Brian MackenzieDirector
Chip GrannisDirector
Don HeikkilaDirector
Gail SperlichDirector
Jackie SheaDirector
Kevin KrausDirector
Mary MathesonDirector
Paula FaustDirector
Steve DoodyDirector
Steve RushDirector
Tim KedrowskiDirector
Tom FleuryDirector
Chuck ArmstrongOfficer
Jon EricksonOfficer
Monique Mcclure-heggeOfficer
Bruce BairaktarisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$198,441
Investment Income
$9,541
Other Revenue
$42,748
Change in Net Assets
$6,512

Audited Revenue Reconciliation

Revenue per Audited Statements
$250,730
Total Revenue per Audited Statements
$250,730
Total Revenue per Form 990
$250,730
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$179,792
Other Expenses$64,426
Total Fundraising Expense$9,767
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$72,563$4,838$3,225$80,626
Other Salaries and Wages$63,007$4,200$2,800$70,007
Occupancy$12,904$860$573$14,337
Other Employee Benefits$11,755$784$522$13,061
Payroll Taxes$10,768$718$479$11,965
Office Expenses$8,610$574$383$9,567
Depreciation Depletion$8,607$574$383$9,564
Information Technology$6,533$435$290$7,258
Travel$6,097$406$271$6,774
Fees for Services Accounting$5,360$357$238$5,955
Pension Plan Contributions$3,719$248$166$4,133
Interest$3,616$241$161$4,018
Insurance$2,267$151$101$2,519
Other Expenses$2,051$137$91$2,279
All Other Expenses$-8,475$-565$-379$-9,419
Total Functional Expenses$219,798$14,653$9,767$244,218

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$244,218
Total Expenses per Audited Statements$244,218
Total Expenses per Form 990$244,218
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$80,416
Fundraising Direct Expenses$46,265
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$71,693$71,693$27,903$43,790
Event 2$6,498$6,498$6,986$-488
Total Events$78,191$78,191$34,889$43,302
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Organized of member organizations and individuals.

Form 990, Page 6, Part VI, Line 7A

The organization has members that may elect one or more members of the governing body.

Form 990, Page 6, Part VI, Line 11B

Jennifer gale (president) and executive committee reviews the 990 before it is filed. It is available to all board members.

Form 990, Page 6, Part VI, Line 12C

Directors and officers are required to disclose potential conflicts.

Form 990, Page 6, Part VI, Line 15A

President's compensation is subject to review and approval by independent persons, comparability data, and decision is made based on performance.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

EIN
41-0642281
Phone
6514512266

Signing Officer

Name
Jennifer Gale
Title
President
Phone
6514512266
Signed
2014-06-10

Organization Details

Principal Officer
Jennifer Gale
Formed
1903
Legal Domicile
Mn
Voting Board Members
23
Independent Board Members
23
Employees
7
Volunteers
200

Preparer

Preparer
Thomas a Madsen
Phone
6514373356
Raw XML AppendixShowing 400 of 539 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROMOTE INTEREST OF BUSINESS COMMUNITY
IRS990/AllOtherExpensesGrp/FundraisingAmt0-379
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0-565
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0-8475
IRS990/AllOtherExpensesGrp/TotalAmt0-9419
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10RIVER HEIGHTS CHAMBER OF COMMERCE
IRS990/BooksInCareOfDetail/PhoneNum06514512266
IRS990/BooksInCareOfDetail/USAddress/AddressLine105782 BLACKSHIRE PATH
IRS990/BooksInCareOfDetail/USAddress/City0INVER GROVE HEIGHTS
IRS990/BooksInCareOfDetail/USAddress/State0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCode055076
IRS990/BusinessRlnWithFamMemInd0false
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IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt05690
IRS990/CashNonInterestBearingGrp/EOYAmt05909
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt03225
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt04838
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt072563
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt080626
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt09541
IRS990/CYOtherExpensesAmt064426
IRS990/CYOtherRevenueAmt042748
IRS990/CYProgramServiceRevenueAmt0198441
IRS990/CYRevenuesLessExpensesAmt06512
IRS990/CYSalariesCompEmpBnftPaidAmt0179792
IRS990/CYTotalExpensesAmt0244218
IRS990/CYTotalFundraisingExpenseAmt09767
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0250730
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt0383
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0574
IRS990/DepreciationDepletionGrp/ProgramServicesAmt08607
IRS990/DepreciationDepletionGrp/TotalAmt09564
IRS990/Desc0THE CHAMBER IS DEDICATED TO ENCOURAGING AND STIMULATING INDIVIDUALS IN TAKING AN ACTIVE ROLE IN THE COMMUNITY BY PROVIDING A VARIETY OF OPPORTUNITIES FOR BUSINESSES TO CREATE NEW NETWORKS OF CONTACTS, VOLUNTEERS, AND FRIENDS. TO RECOGNIZE BUSINESS ACHIEVEMENTS, PROVIDE USEFUL PUBLICATIONS TO MEMBERS INCLUDING A DIRECTORY, NEWSLETTERS, MAPS AND GUIDES. TO PROVIDE UPDATES ON BUSINESS, GOVERNMENT AND SOCIAL ISSUES. IN 2013, THE CHAMBER SERVED APPROXIMATELY 400 MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0219798
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IRS990/FederalGrantAuditRequiredInd0false
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IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05360
IRS990/FeesForServicesAccountingGrp/TotalAmt05955
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IRS990/ForeignFinancialAccountInd0false
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IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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IRS990/Form990PartVIISectionAGrp/PersonNm0ADAM BENGTSON
IRS990/Form990PartVIISectionAGrp/PersonNm1TIM KEDROWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm2DON HEIKKILA
IRS990/Form990PartVIISectionAGrp/PersonNm3AL EIDEN
IRS990/Form990PartVIISectionAGrp/PersonNm4PAULA FAUST
IRS990/Form990PartVIISectionAGrp/PersonNm5KEVIN KRAUS
IRS990/Form990PartVIISectionAGrp/PersonNm6BILL SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm7JACKIE SHEA
IRS990/Form990PartVIISectionAGrp/PersonNm8STEVE RUSH
IRS990/Form990PartVIISectionAGrp/PersonNm9CHIP GRANNIS
IRS990/Form990PartVIISectionAGrp/PersonNm10BRIAN MACKENZIE
IRS990/Form990PartVIISectionAGrp/PersonNm11TOM FLEURY
IRS990/Form990PartVIISectionAGrp/PersonNm12MARY MATHESON
IRS990/Form990PartVIISectionAGrp/PersonNm13STEVE DOODY
IRS990/Form990PartVIISectionAGrp/PersonNm14GAIL SPERLICH
IRS990/Form990PartVIISectionAGrp/PersonNm15JENNIFER GALE
IRS990/Form990PartVIISectionAGrp/PersonNm16JON ERICKSON
IRS990/Form990PartVIISectionAGrp/PersonNm17CHUCK ARMSTRONG
IRS990/Form990PartVIISectionAGrp/PersonNm18TOM LEONARD
IRS990/Form990PartVIISectionAGrp/PersonNm19DODY SOBASZKIEWICZ
IRS990/Form990PartVIISectionAGrp/PersonNm20KELTON GLEWWE
IRS990/Form990PartVIISectionAGrp/PersonNm21MONIQUE MCCLURE-HEGGE
IRS990/Form990PartVIISectionAGrp/PersonNm22BRUCE BAIRAKTARIS
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