Civic Intelligence

Windom Chamber of Commerce

EIN 41-0759873 • 501(c)6 • Windom, MN

Profile

Community promotion and activities

303 9th StreetWindom, MN 56101

www.windomchamber.com

Siviq Scores

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

Liabilities / Assets

65th percentile

0.03x

Higher debt load relative to assets than 65% of similar nonprofits.

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

Liabilities / Revenue

59th percentile

0.01x

Higher debt load relative to revenue than 59% of similar nonprofits.

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

Net Margin

23rd percentile

-18%

Higher net margin than 23% of similar nonprofits.

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

Top Officer Pay

86th percentile

$35,536

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 19.9% of source-year revenue.

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

Asset Growth

17th percentile

-39%

Faster asset growth than 17% of similar nonprofits.

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

Revenue Growth

52nd percentile

0.6%

Faster revenue growth than 52% of similar nonprofits.

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

Using 2023 Form 990 data because the latest 2024 filing does not report standard financial totals.

Assets

Down

$84,181

Down $12,815 (-13%) from 2022

Liabilities

Up

$1,618

Up $16 (+1.0%) from 2022

Net Assets

Down

$82,563

Down $12,831 (-13%) from 2022

Revenue

Down

$177,548

Down $42,318 (-19%) from 2022

Expenses

Down

$190,379

Down $13,921 (-6.8%) from 2022

Net Income

Down

-$12,831

Down $28,397 (-182%) from 2022

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $56,615Liabilities 2011: $903Net Assets 2011: $55,7122011Assets 2012: $57,304Liabilities 2012: $277Net Assets 2012: $57,0272012Assets 2013: $58,098Liabilities 2013: $1,335Net Assets 2013: $56,7632013Assets 2014: $54,078Liabilities 2014: $3,453Net Assets 2014: $50,6252014Assets 2015: $52,348Liabilities 2015: $713Net Assets 2015: $51,6352015Assets 2016: $55,974Liabilities 2016: $0Net Assets 2016: $55,9742016Assets 2017: $61,562Liabilities 2017: $0Net Assets 2017: $61,5622017Assets 2018: $55,809Liabilities 2018: $55Net Assets 2018: $55,7542018Assets 2019: $78,924Liabilities 2019: $2,321Net Assets 2019: $76,6032019Assets 2020: $81,866Liabilities 2020: $2,860Net Assets 2020: $79,0062020Assets 2021: $81,379Liabilities 2021: $1,551Net Assets 2021: $79,8282021Assets 2022: $96,996Liabilities 2022: $1,602Net Assets 2022: $95,3942022Assets 2023: $84,181Liabilities 2023: $1,618Net Assets 2023: $82,5632023

Latest loaded filing

2023

Assets$84,181
Liabilities$1,618
Net Assets$82,563

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $221,554Expenses 2011: $223,374Net Income 2011: -$1,8202011Revenue 2012: $224,676Expenses 2012: $223,361Net Income 2012: $1,3152012Revenue 2013: $200,674Expenses 2013: $200,938Net Income 2013: -$2642013Revenue 2014: $256,269Expenses 2014: $262,406Net Income 2014: -$6,1372014Revenue 2015: $214,703Expenses 2015: $213,693Net Income 2015: $1,0102015Revenue 2016: $192,701Expenses 2016: $188,362Net Income 2016: $4,3392016Revenue 2017: $184,036Expenses 2017: $178,448Net Income 2017: $5,5882017Revenue 2018: $173,493Expenses 2018: $179,301Net Income 2018: -$5,8082018Revenue 2019: $215,904Expenses 2019: $195,055Net Income 2019: $20,8492019Revenue 2020: $168,630Expenses 2020: $166,227Net Income 2020: $2,4032020Revenue 2021: $182,340Expenses 2021: $181,518Net Income 2021: $8222021Revenue 2022: $219,866Expenses 2022: $204,300Net Income 2022: $15,5662022Revenue 2023: $177,548Expenses 2023: $190,379Net Income 2023: -$12,8312023

Latest loaded filing

2023

Revenue$177,548
Expenses$190,379
Net Income-$12,831

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.02$0.83$1.78$1.90$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.02$0.95$2.20$2.04$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.02$0.80$1.82$1.82$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.03$0.79$1.69$1.66$0.02
2019Summary only. Only limited summary data is available for this year.$0.79$0.02$0.77$2.16$1.95$0.21
2018Summary only. Only limited summary data is available for this year.$0.56$0.00$0.56$1.73$1.79$0.06
2017Summary only. Only limited summary data is available for this year.$0.62$0.00$0.62$1.84$1.78$0.06
2016Summary only. Only limited summary data is available for this year.$0.56$0.00$0.56$1.93$1.88$0.04
2015Summary only. Only limited summary data is available for this year.$0.52$0.01$0.52$2.15$2.14$0.01
2014Summary only. Only limited summary data is available for this year.$0.54$0.03$0.51$2.56$2.62$0.06
2013Summary only. Only limited summary data is available for this year.$0.58$0.01$0.57$2.01$2.01$0.00
2012Summary only. Only limited summary data is available for this year.$0.57$0.00$0.57$2.25$2.23$0.01
2011Summary only. Only limited summary data is available for this year.$0.57$0.01$0.56$2.22$2.23$0.02
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Aug 8, 2023
Return Version
2021v4.0
Gross Receipts
$219,866
Mission and Program Overview

Mission

Community promotion and activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$79,828$95,394▲ $15,566
Cash and Non-Interest-Bearing Accounts$48,040$67,333▲ $19,293
Savings and Temporary Cash Investments$33,339$29,663▼ $3,676
Total Assets$81,379$96,996▲ $15,617
Liabilities
Accounts Payable and Accrued Expenses$1,551$1,602▲ $51
Total Liabilities$1,551$1,602▲ $51
Net Assets / Fund Balance
Total Net Assets Fund Balance$79,828$95,394▲ $15,566
Total Liabilities and Net Assets / Fund Balance$81,379$96,996▲ $15,617

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$6,807$6,807
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amy LeopoldPresident
Brittany HigleyDirector
Derek JonesDirector
Emily CenzanoDirector
Jeff ReevesDirector
Len BakkenDirector
Lindsey EnglarDirector
Renae SteffenDirector
Steve WhiteDirector
Lisa HoffmanSecretary/tr
Ben PetersenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$105,740
Program Service Revenue
$114,101
Investment Income
$25
Other Revenue
$0
Change in Net Assets
$15,566
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$115,948
Other Expenses$88,352
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$102,411-$102,411
All Other Expenses$13,810$4,183-$17,993
Payroll Taxes-$13,537-$13,537
Other Expenses$10,061$8,154-$8,154
Insurance-$2,997-$2,997
Fees for Services Accounting-$327-$327
Total Functional Expenses$63,841$140,459$0$204,300
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$312
Total Nondeductible Lobbying and Political Cost$312
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
Yes
Conflict-of-interest policy
No
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

Organization has volunteer community members.

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

Annual election of community member volunteers to maintain structure and direction of organization.

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

Copy of the return available to the executive director and other members as requested.

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

The executive committee reached out to numerous chamber of commerce offices in the southwest minnesota area about compensation comparisons. The executive director receives a yearly review by the executive board.

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

The executive committee reached out to numerous chamber of commerce offices in the southwest minnesota area about compensation comparisons.

Form 990, Page 6, Part VI, Line 19

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
Windom Area Chamber of Commerce
EIN
41-0759873
Phone
5078312752
Address
303 9TH STREET, WINDOM, MN 56101

Signing Officer

Name
Amy Leopold
Title
President
Phone
5078312752
Signed
2023-08-08

Organization Details

Principal Officer
Amy Leopold
Formed
1948
Legal Domicile
Mn
Voting Board Members
168
Independent Board Members
168
Employees
12
Volunteers
25

Preparer

Firm
Johnson Tibodeau Bottin Psc
Address
930 FOURTH AVENUE, WINDOM, MN 56101-0307
Preparer
Cindy K Espenson
Phone
5078315070
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

The windom area chamber of commerce has a board of 11 volunteers. With various community events and activities, a number of committees use numerous volunteers to plan and carryout the events. The events include the farm & home show, annual gala, night 2 unite, shred-it event, christmas by candlelight, golf outing, rising stars, gun & knife show and riverfest events. Additional volunteers are used for mailings, sign hanging, gift wrapping, and community promotions.

Form 990, Page 2, Part III, Line 4A

Program services-expenses with membership services and promotion of community events, shopping and support. Encourage business support of community. Services affect town of 4500 people plus surrounding area. (1) farm and home show: promote various vendors from the windom and surrounding area as well as provide seminars on various topics to approximately 1300 people. (2) annual gala: annual meeting which focuses around the success of the community and promotion of the chamber attended by approximately 200 people in the community. (3) gun and knife show: promotion of various vendors and businesses through sale and trade of guns and other gun related items attended by approximately 800 people.

Raw XML Appendix349 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/PYSalariesCompEmpBnftPaidAmt085007
IRS990/PYTotalExpensesAmt0181518
IRS990/PYTotalRevenueAmt0182340
IRS990/ReconcilationRevenueExpnssAmt015566
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0114101
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt079828
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt095394
IRS990/SavingsAndTempCashInvstGrp/BOYAmt033339
IRS990/SavingsAndTempCashInvstGrp/EOYAmt029663
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AggregateReportedDuesNtcAmt0312
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/DuesAssessmentsAmt083238
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt0312
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt0312
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0INDIRECT PAYMENT TO THE MINNESOTA CHAMBER OF COMMERCE. 55% OF STATE DUES ARE FOR LOBBYING EXPENSES. TOTAL DUES 566.50 X 55% = 312.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART IV
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06807
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06807
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE WINDOM AREA CHAMBER OF COMMERCE HAS A BOARD OF 11 VOLUNTEERS. WITH VARIOUS COMMUNITY EVENTS AND ACTIVITIES, A NUMBER OF COMMITTEES USE NUMEROUS VOLUNTEERS TO PLAN AND CARRYOUT THE EVENTS. THE EVENTS INCLUDE THE FARM & HOME SHOW, ANNUAL GALA, NIGHT 2 UNITE, SHRED-IT EVENT, CHRISTMAS BY CANDLELIGHT, GOLF OUTING, RISING STARS, GUN & KNIFE SHOW AND RIVERFEST EVENTS. ADDITIONAL VOLUNTEERS ARE USED FOR MAILINGS, SIGN HANGING, GIFT WRAPPING, AND COMMUNITY PROMOTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROGRAM SERVICES-EXPENSES WITH MEMBERSHIP SERVICES AND PROMOTION OF COMMUNITY EVENTS, SHOPPING AND SUPPORT. ENCOURAGE BUSINESS SUPPORT OF COMMUNITY. SERVICES AFFECT TOWN OF 4500 PEOPLE PLUS SURROUNDING AREA. (1) FARM AND HOME SHOW: PROMOTE VARIOUS VENDORS FROM THE WINDOM AND SURROUNDING AREA AS WELL AS PROVIDE SEMINARS ON VARIOUS TOPICS TO APPROXIMATELY 1300 PEOPLE. (2) ANNUAL GALA: ANNUAL MEETING WHICH FOCUSES AROUND THE SUCCESS OF THE COMMUNITY AND PROMOTION OF THE CHAMBER ATTENDED BY APPROXIMATELY 200 PEOPLE IN THE COMMUNITY. (3) GUN AND KNIFE SHOW: PROMOTION OF VARIOUS VENDORS AND BUSINESSES THROUGH SALE AND TRADE OF GUNS AND OTHER GUN RELATED ITEMS ATTENDED BY APPROXIMATELY 800 PEOPLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION HAS VOLUNTEER COMMUNITY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL ELECTION OF COMMUNITY MEMBER VOLUNTEERS TO MAINTAIN STRUCTURE AND DIRECTION OF ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COPY OF THE RETURN AVAILABLE TO THE EXECUTIVE DIRECTOR AND OTHER MEMBERS AS REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE COMMITTEE REACHED OUT TO NUMEROUS CHAMBER OF COMMERCE OFFICES IN THE SOUTHWEST MINNESOTA AREA ABOUT COMPENSATION COMPARISONS. THE EXECUTIVE DIRECTOR RECEIVES A YEARLY REVIEW BY THE EXECUTIVE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE EXECUTIVE COMMITTEE REACHED OUT TO NUMEROUS CHAMBER OF COMMERCE OFFICES IN THE SOUTHWEST MINNESOTA AREA ABOUT COMPENSATION COMPARISONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantNewProgramSrvcInd0false
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt081379
IRS990/TotalAssetsEOYAmt096996
IRS990/TotalAssetsGrp/BOYAmt081379
IRS990/TotalAssetsGrp/EOYAmt096996
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0105740
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0140459
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt063841
IRS990/TotalFunctionalExpensesGrp/TotalAmt0204300
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01551
IRS990/TotalLiabilitiesEOYAmt01602
IRS990/TotalLiabilitiesGrp/BOYAmt01551
IRS990/TotalLiabilitiesGrp/EOYAmt01602
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt079828
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt095394
IRS990/TotalProgramServiceExpensesAmt063841
IRS990/TotalProgramServiceRevenueAmt0114101
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0114126
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0219866
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt081379
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt096996
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0912 4TH AVE
IRS990/USAddress/CityNm0WINDOM
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056101
IRS990/VotingMembersGoverningBodyCnt0168
IRS990/VotingMembersIndependentCnt0168
IRS990/WebsiteAddressTxt0WWW.WINDOMCHAMBER.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0AMY LEOPOLD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05078312752
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WINDOM AREA CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0WIND
ReturnHeader/Filer/EIN0410759873
ReturnHeader/Filer/PhoneNum05078312752
ReturnHeader/Filer/USAddress/AddressLine1Txt0303 9TH STREET
ReturnHeader/Filer/USAddress/CityNm0WINDOM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056101
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710906670
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHNSON TIBODEAU BOTTIN PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0930 FOURTH AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WINDOM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0561010307
ReturnHeader/PreparerPersonGrp/PhoneNum05078315070
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CINDY K ESPENSON
ReturnHeader/ReturnTs02023-08-15T14:31:34-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0AMY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LEOPOLD
ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

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