Civic Intelligence

Lake County Chamber of Commerce

EIN 41-0827278 • 501(c)6 • Two Harbors, MN

Two Harbors, MN
Siviq Scores

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

Liabilities / Assets

81st percentile

0.19x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

73rd percentile

0.06x

Higher debt load relative to revenue than 73% of similar nonprofits.

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

Net Margin

63rd percentile

7.2%

Higher net margin than 63% of similar nonprofits.

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

Top Officer Pay

91st percentile

$59,483

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 24.4% of source-year revenue.

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

Asset Growth

70th percentile

10%

Faster asset growth than 70% of similar nonprofits.

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

Revenue Growth

56th percentile

2.9%

Faster revenue growth than 56% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$68,533

Up $15,528 (+29%) from 2022

Liabilities

Up

$24,608

Up $24,608 from 2022

Net Assets

Down

$43,925

Down $9,080 (-17%) from 2022

Operations
Liabilities / Revenue73rd percentileNet Margin63rd percentile

Revenue

Up

$237,249

Up $8,275 (+3.6%) from 2022

Expenses

Up

$246,329

Up $9,997 (+4.2%) from 2022

Net Income

Down

-$9,080

Down $1,722 (-23%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth70th percentile

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

$80K$60K$40K$20K$0Assets 2011: $23,535Liabilities 2011: $2,3202011Assets 2012: $17,270Liabilities 2012: $1,8102012Assets 2013: $33,252Liabilities 2013: $1,8282013Assets 2014: $32,864Liabilities 2014: $2,2812014Assets 2015: $42,923Liabilities 2015: $2,779Net Assets 2015: $40,1442015Assets 2016: $60,497Liabilities 2016: $2,779Net Assets 2016: $57,7182016Assets 2017: $69,301Liabilities 2017: $2,8252017Assets 2018: $75,280Liabilities 2018: $3,018Net Assets 2018: $72,2622018Assets 2019: $67,227Liabilities 2019: $665Net Assets 2019: $66,5622019Assets 2020: $23,911Liabilities 2020: $0Net Assets 2020: $23,9112020Assets 2021: $61,015Liabilities 2021: $652Net Assets 2021: $60,3632021Assets 2022: $53,005Liabilities 2022: $0Net Assets 2022: $53,0052022Assets 2023: $68,533Liabilities 2023: $24,608Net Assets 2023: $43,9252023

Highlighted filing

2023

Assets$68,533
Liabilities$24,608
Net Assets$43,925
Open 2023 Filing

Operations Trend

Revenue Growth56th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $160,268Expenses 2011: $158,576Net Income 2011: $1,6922011Revenue 2012: $161,563Expenses 2012: $167,318Net Income 2012: -$5,7552012Revenue 2013: $154,127Expenses 2013: $138,163Net Income 2013: $15,9642013Revenue 2014: $151,122Expenses 2014: $151,813Net Income 2014: -$6912014Revenue 2015: $203,373Expenses 2015: $193,827Net Income 2015: $9,5462015Revenue 2016: $195,904Expenses 2016: $178,329Net Income 2016: $17,5752016Revenue 2017: $161,054Expenses 2017: $152,296Net Income 2017: $8,7582017Revenue 2018: $185,179Expenses 2018: $179,392Net Income 2018: $5,7872018Revenue 2019: $305,500Expenses 2019: $311,200Net Income 2019: -$5,7002019Revenue 2020: $51,691Expenses 2020: $35,765Net Income 2020: $15,9262020Revenue 2021: $213,784Expenses 2021: $177,332Net Income 2021: $36,4522021Revenue 2022: $228,974Expenses 2022: $236,332Net Income 2022: -$7,3582022Revenue 2023: $237,249Expenses 2023: $246,329Net Income 2023: -$9,0802023

Highlighted filing

2023

Revenue$237,249
Expenses$246,329
Net Income-$9,080
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$68,533
Liabilities
$24,608
Net assets
$43,925
Revenue
$237,249
Expenses
$246,329
Net income
-$9,080
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.69$0.25$0.44$2.37$2.46$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.00$0.53$2.29$2.36$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.01$0.60$2.14$1.77$0.36
2020Summary only. Only limited summary data is available for this year.$0.24$0.00$0.24$0.52$0.36$0.16
2019Summary only. Only limited summary data is available for this year.$0.67$0.01$0.67$3.06$3.11$0.06
2018Summary only. Only limited summary data is available for this year.$0.75$0.03$0.72$1.85$1.79$0.06
2017Summary only. Only limited summary data is available for this year.$0.69$0.03$1.61$1.52$0.09
2016Summary only. Only limited summary data is available for this year.$0.60$0.03$0.58$1.96$1.78$0.18
2015Summary only. Only limited summary data is available for this year.$0.43$0.03$0.40$2.03$1.94$0.10
2014Summary only. Only limited summary data is available for this year.$0.33$0.02$1.51$1.52$0.01
2013Summary only. Only limited summary data is available for this year.$0.33$0.02$1.54$1.38$0.16
2012Summary only. Only limited summary data is available for this year.$0.17$0.02$1.62$1.67$0.06
2011Summary only. Only limited summary data is available for this year.$0.24$0.02$1.60$1.59$0.02
Latest Filing Detail
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Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Mission and Program Overview

Mission

To create and enhance a business climate in which the Chamber members will prosper

Document Assets

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