Civic Intelligence

Glencoe Area Chamber of Commerce Inc

EIN 41-0959437 • 501(c)6 • Glencoe, MN

Profile

To serve business members in glencoe and promote the city.

1107 11th St E Suite 104Glencoe, MN 55336

www.glencoechamber.com

Siviq Scores

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

Liabilities / Assets

70th percentile

0.06x

Higher debt load relative to assets than 70% of similar nonprofits.

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

Liabilities / Revenue

70th percentile

0.04x

Higher debt load relative to revenue than 70% of similar nonprofits.

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

Net Margin

34th percentile

-8.0%

Higher net margin than 34% of similar nonprofits.

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

Top Officer Pay

80th percentile

$10,909

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

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

Asset Growth

36th percentile

-11%

Faster asset growth than 36% of similar nonprofits.

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

Revenue Growth

71st percentile

13%

Faster revenue growth than 71% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$72,394

Down $8,692 (-11%) from 2023

Liabilities

Down

$4,029

Down $1,083 (-21%) from 2023

Net Assets

Down

$68,365

Down $7,609 (-10%) from 2023

Operations
Liabilities / Revenue70th percentileNet Margin34th percentile

Revenue

Up

$95,291

Up $11,297 (+13%) from 2023

Expenses

Up

$102,900

Up $18,551 (+22%) from 2023

Net Income

Down

-$7,609

Down $7,254 (-2043%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth36th percentile

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

$150K$100K$50K$0Assets 2010: $92,862Liabilities 2010: $60,394Net Assets 2010: $32,4682010Assets 2011: $100,561Liabilities 2011: $58,408Net Assets 2011: $42,1532011Assets 2012: $107,401Liabilities 2012: $56,161Net Assets 2012: $51,2402012Assets 2013: $109,436Liabilities 2013: $53,649Net Assets 2013: $55,7872013Assets 2014: $100,705Liabilities 2014: $52,754Net Assets 2014: $47,9512014Assets 2015: $86,402Liabilities 2015: $48,260Net Assets 2015: $38,1422015Assets 2016: $99,722Liabilities 2016: $46,319Net Assets 2016: $53,4032016Assets 2017: $38,622Liabilities 2017: $1,050Net Assets 2017: $37,5722017Assets 2018: $52,173Liabilities 2018: $1,703Net Assets 2018: $50,4702018Assets 2019: $59,587Liabilities 2019: $2,184Net Assets 2019: $57,4032019Assets 2020: $62,581Liabilities 2020: $1,735Net Assets 2020: $60,8462020Assets 2021: $72,752Liabilities 2021: $1,924Net Assets 2021: $70,8282021Assets 2022: $81,587Liabilities 2022: $5,258Net Assets 2022: $76,3292022Assets 2023: $81,086Liabilities 2023: $5,112Net Assets 2023: $75,9742023Assets 2024: $72,394Liabilities 2024: $4,029Net Assets 2024: $68,3652024

Highlighted filing

2024

Assets$72,394
Liabilities$4,029
Net Assets$68,365
Open 2024 Filing

Operations Trend

Revenue Growth71st percentile

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

$200K$150K$100K$50K$0-$50KExpenses 2010: $171,5492010Expenses 2011: $139,8772011Revenue 2012: $145,940Expenses 2012: $136,853Net Income 2012: $9,0872012Revenue 2013: $122,175Expenses 2013: $117,628Net Income 2013: $4,5472013Revenue 2014: $129,634Expenses 2014: $137,470Net Income 2014: -$7,8362014Revenue 2015: $118,854Expenses 2015: $128,663Net Income 2015: -$9,8092015Revenue 2016: $101,463Expenses 2016: $86,202Net Income 2016: $15,2612016Revenue 2017: $76,454Expenses 2017: $92,285Net Income 2017: -$15,8312017Revenue 2018: $89,013Expenses 2018: $76,115Net Income 2018: $12,8982018Revenue 2019: $80,713Expenses 2019: $73,783Net Income 2019: $6,9302019Revenue 2020: $103,253Expenses 2020: $99,811Net Income 2020: $3,4422020Revenue 2021: $84,490Expenses 2021: $74,508Net Income 2021: $9,9822021Revenue 2022: $87,883Expenses 2022: $82,379Net Income 2022: $5,5042022Revenue 2023: $83,994Expenses 2023: $84,349Net Income 2023: -$3552023Revenue 2024: $95,291Expenses 2024: $102,900Net Income 2024: -$7,6092024

Highlighted filing

2024

Revenue$95,291
Expenses$102,900
Net Income-$7,609
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$72,394
Liabilities
$4,029
Net assets
$68,365
Revenue
$95,291
Expenses
$102,900
Net income
-$7,609
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.72$0.04$0.68$0.95$1.03$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.81$0.05$0.76$0.84$0.84$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.05$0.76$0.88$0.82$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.73$0.02$0.71$0.84$0.75$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.63$0.02$0.61$1.03$1.00$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.60$0.02$0.57$0.81$0.74$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.52$0.02$0.50$0.89$0.76$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.39$0.01$0.38$0.76$0.92$0.16
2016Detailed filing. Detailed filing data is available for this year.$1.00$0.46$0.53$1.01$0.86$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.86$0.48$0.38$1.19$1.29$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.01$0.53$0.48$1.30$1.37$0.08
2013Detailed filing. Detailed filing data is available for this year.$1.09$0.54$0.56$1.22$1.18$0.05
2012Summary only. Only limited summary data is available for this year.$1.07$0.56$0.51$1.46$1.37$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.58$0.42$1.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.60$0.32$1.72
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 7, 2025
Return Version
2024v5.0
Gross Receipts
$95,291
Mission and Program Overview

Mission

To serve business members in glencoe and promote the city.

Program Services

DescriptionGrantsExpenses
OPERATING EXPENSES OF THE CHAMBER--
PROMOTING THE TOWN OF GLENCOE--
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MELISSA COHRSPresidentFT$10,909-$10,909
JAMIE MAASSDirector-$0--
NEAL BRADYDirector-$0--
JAMES RIEFFDirector-$0--
KATIE D'AMOURDirector-$0--
ZACH WOYTCKEDirector-$0--
KATIE RICKERTChairman-$0--
MICHAEL DONNAYDirector-$0--
KARI KUNKELDirector-$0--
Filing and Contact Details

Filer

Filer Name
Glencoe Area Chamber of Commerce
EIN
41-0959437
Phone
3208643650
Address
1107 11TH ST E SUITE 104, GLENCOE, MN 55336

Signing Officer

Name
Katie Rickert
Title
Chairman
Phone
3208643650
Signed
2025-08-07
Discuss with paid preparer
Yes

Preparer

Firm
Sls Inc
Address
1721 10TH ST E, GLENCOE, MN 55336
Preparer
Jean Boughten CPA
Phone
3208646166
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses marketing 1,674 office 4,008 tourism 7,100 internet 648 website 1,200 software subscriptions 1,254 conferences/meetings 3,675 insurance 3,187 telephone 661 chamber events 3,026 community events 10,038 glencoe bucks 3,676 subscriptions 1,040 scholarship 1,000 credit card fees 195 total 42,382”

Form 990-ez, Part II, Line 24

“Accounts receivable 3,045 2,480 26,209 26,209 less accumulated depreciation 26,209 26,209 total 3,045 2,480”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 5,112 4,029”

Raw XML Appendix128 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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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SLS INC
IRS990EZ/BooksInCareOfDetail/PhoneNum03208646166
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01721 10TH STREET EAST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GLENCOE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055336
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt078041
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt069914
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7609
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01723
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt081086
IRS990EZ/Form990TotalAssetsGrp/EOYAmt072394
IRS990EZ/GrossReceiptsAmt095291
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0601
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt047195
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt075974
IRS990EZ/NetAssetsOrFundBalancesEOYAmt068365
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt075974
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt068365
IRS990EZ/OccupancyRentUtltsAndMaintAmt02805
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt810909
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JAMIE MAASS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NEAL BRADY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JAMES RIEFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KATIE D'AMOUR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ZACH WOYTCKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KATIE RICKERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MICHAEL DONNAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7KARI KUNKEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MELISSA COHRS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03045
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02480
IRS990EZ/OtherExpensesTotalAmt042382
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO SERVE BUSINESS MEMBERS IN GLENCOE AND PROMOTE THE CITY.
IRS990EZ/PrintingPublicationsPostageAmt01905
IRS990EZ/ProgramServiceRevenueAmt047495
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OPERATING EXPENSES OF THE CHAMBER
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROMOTING THE TOWN OF GLENCOE
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt054085
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt05112
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt04029
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0102900
IRS990EZ/TotalRevenueAmt095291
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.GLENCOECHAMBER.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING 1,674 OFFICE 4,008 TOURISM 7,100 INTERNET 648 WEBSITE 1,200 SOFTWARE SUBSCRIPTIONS 1,254 CONFERENCES/MEETINGS 3,675 INSURANCE 3,187 TELEPHONE 661 CHAMBER EVENTS 3,026 COMMUNITY EVENTS 10,038 GLENCOE BUCKS 3,676 SUBSCRIPTIONS 1,040 SCHOLARSHIP 1,000 CREDIT CARD FEES 195 TOTAL 42,382
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 3,045 2,480 26,209 26,209 LESS ACCUMULATED DEPRECIATION 26,209 26,209 TOTAL 3,045 2,480
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 5,112 4,029
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03208643650
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-07
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ReturnHeader/Filer/BusinessNameControlTxt0GLEN
ReturnHeader/Filer/EIN0410959437
ReturnHeader/Filer/PhoneNum03208643650
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ReturnHeader/Filer/USAddress/CityNm0GLENCOE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055336
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411465735
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01721 10TH ST E
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055336
ReturnHeader/PreparerPersonGrp/PhoneNum03208646166
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEAN BOUGHTEN CPA
ReturnHeader/ReturnTs02025-08-07T10:55:36-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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