Civic Intelligence

Melrose Chamber of Commerce Association

990EZ • Fiscal year 2023 • EIN 41-1280708

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 30, 2024

Organization ProfileMELROSECHAMBER.ORG
223 Main St EMelrose, MN 56352

(320) 256-7174

Siviq Scores

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

Liabilities / Assets

79th percentile

0.17x

Higher debt load relative to assets than 79% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

83rd percentile

0.21x

Higher debt load relative to revenue than 83% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

5th percentile

-71%

Higher net margin than 5% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

13th percentile

-30%

Faster asset growth than 13% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

12th percentile

-27%

Faster revenue growth than 12% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets79th percentile

Assets

Down

$35,613

Down $15,007 (-30%) from 2022

Net Assets

Down

$29,714

Down $20,053 (-40%) from 2022

Liabilities

Up

$5,899

Up $5,046 (+592%) from 2022

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin5th percentile

Revenue

Down

$28,440

Down $10,676 (-27%) from 2022

Expenses

Up

$48,493

Up $2,026 (+4.4%) from 2022

Net Income

Down

-$20,053

Down $12,702 (-173%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$80K$60K$40K$20K$0Assets 2010: $25,683Liabilities 2010: $1,126Net Assets 2010: $24,5572010Assets 2011: $26,343Liabilities 2011: $709Net Assets 2011: $25,6342011Assets 2012: $30,027Liabilities 2012: $125Net Assets 2012: $29,9022012Assets 2013: $29,428Liabilities 2013: $0Net Assets 2013: $29,4282013Assets 2014: $19,222Liabilities 2014: $0Net Assets 2014: $19,2222014Assets 2015: $25,993Liabilities 2015: $0Net Assets 2015: $25,9932015Assets 2016: $43,575Liabilities 2016: $0Net Assets 2016: $43,5752016Assets 2017: $46,359Liabilities 2017: $0Net Assets 2017: $46,3592017Assets 2018: $47,823Liabilities 2018: $0Net Assets 2018: $47,8232018Assets 2019: $46,162Liabilities 2019: $0Net Assets 2019: $46,1622019Assets 2020: $77,651Liabilities 2020: $853Net Assets 2020: $76,7982020Assets 2021: $58,104Liabilities 2021: $986Net Assets 2021: $57,1182021Assets 2022: $50,620Liabilities 2022: $853Net Assets 2022: $49,7672022Assets 2023: $35,613Liabilities 2023: $5,899Net Assets 2023: $29,7142023Assets 2024: $40,732Liabilities 2024: $853Net Assets 2024: $39,8792024

Highlighted filing

2023

Assets$35,613
Liabilities$5,899
Net Assets$29,714
Open 2023 Filing

Operations Trend

Revenue Growth12th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $128,419Expenses 2010: $123,349Net Income 2010: $5,0702010Revenue 2011: $118,896Expenses 2011: $117,819Net Income 2011: $1,0772011Revenue 2012: $61,776Expenses 2012: $58,091Net Income 2012: $3,6852012Revenue 2013: $39,247Expenses 2013: $39,721Net Income 2013: -$4742013Revenue 2014: $51,476Expenses 2014: $61,682Net Income 2014: -$10,2062014Revenue 2015: $61,046Expenses 2015: $54,375Net Income 2015: $6,6712015Revenue 2016: $46,947Expenses 2016: $29,865Net Income 2016: $17,0822016Revenue 2017: $41,342Expenses 2017: $38,558Net Income 2017: $2,7842017Revenue 2018: $42,433Expenses 2018: $40,969Net Income 2018: $1,4642018Revenue 2019: $43,250Expenses 2019: $44,911Net Income 2019: -$1,6612019Revenue 2020: $75,445Expenses 2020: $44,809Net Income 2020: $30,6362020Revenue 2021: $26,774Expenses 2021: $46,317Net Income 2021: -$19,5432021Revenue 2022: $39,116Expenses 2022: $46,467Net Income 2022: -$7,3512022Revenue 2023: $28,440Expenses 2023: $48,493Net Income 2023: -$20,0532023Revenue 2024: $57,458Expenses 2024: $47,293Net Income 2024: $10,1652024

Highlighted filing

2023

Revenue$28,440
Expenses$48,493
Net Income-$20,053
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 30, 2024
Return Version
2023v5.1
Gross Receipts
$97,589
Mission and Program Overview

Mission

PROMOTE THE MELROSE AREA

Program Services

DescriptionGrantsExpenses
CHAMBER PROGRAMS IMPROVE THE BUSINESS CLIMATE AND THE QUALITY OF LIFE IN THE MELROSE AREA. THE CHAMBER PROVIDES MEMBERS AND EMPLOYEES WITH OPPORTUNITY TO WORK TOGETHER TO PROMOTE THE AREA OF AGRICULTURE, PUBLIC RELATIONS, AND THE BUSINESS COMMUNITY.--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PAM RUEPresident-$0--
ISAAC BARTENVice President-$0--
AMY VAN BECKSecretary-$0--
ROBERT OLSONTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Riverfest$47,647$47,647$43,585$4,062
Holiday Kickoff$14,115$14,115$8,404$5,711
Total Events$69,893$69,893$56,055$13,838
Filing and Contact Details

Filer

Filer Name
Melrose Chamber of Commerce
EIN
41-1280708
Phone
3202567174
Address
223 MAIN ST E, MELROSE, MN 56352

Signing Officer

Name
Robert Olson
Title
Treasurer
Signed
2024-10-30
Discuss with paid preparer
Yes

Preparer

Firm
Anfinson Thompson & CoPA
Address
1604 First St S, Willmar, MN 56201
Preparer
Jayson Osmundson CPA
Phone
3202357491
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $4563”

Other Expenses.1003

“Information Technology $1295”

Other Expenses.1012

“Insurance $3529”

Other Expenses.1

“Freeport days/festival $3423”

Other Expenses.2

“BANQUET $1181”

Other Expenses.3

“MEMBERSHIP $583”

Other Expenses.4

“MARKETING EXP $576”

Other Expenses.5

“SCHOLARSHIPS $500”

Other Expenses.6

“MEETING EXPENSE $408”

Other Expenses.7

“MISC $338”

Other Expenses.8

“LUNCH AND LEARN $321”

Other Expenses.10

“CONTINUING ED $100”

Other Expenses.11

“Repairs & maintenance $25”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $853 Accounts Payable and Accrued Expenses - Ending $5899”

Raw XML Appendix150 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/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt016842
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE THE MELROSE AREA
IRS990EZ/PrintingPublicationsPostageAmt0278
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt028440
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTP://MELROSECHAMBER.ORG
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt056055
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RIVERFEST
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0HOLIDAY KICKOFF
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt047647
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt08404
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $4563
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Information Technology $1295
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $3529
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FREEPORT DAYS/FESTIVAL $3423
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANQUET $1181
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEMBERSHIP $583
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MARKETING EXP $576
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SCHOLARSHIPS $500
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MISC $338
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10LUNCH AND LEARN $321
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11CONTINUING ED $100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12REPAIRS & MAINTENANCE $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Accounts Payable and Accrued Expenses - Beginning $853 Accounts Payable and Accrued Expenses - Ending $5899
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Total Liabilities.1001
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT OLSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MELROSE CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0MELR
ReturnHeader/Filer/EIN0411280708
ReturnHeader/Filer/PhoneNum03202567174
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ReturnHeader/Filer/USAddress/CityNm0MELROSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056352
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411857770
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01604 First St S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Willmar
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056201
ReturnHeader/PreparerPersonGrp/PhoneNum03202357491
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAYSON OSMUNDSON CPA
ReturnHeader/ReturnTs02024-10-30T06:47:49-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$35,613
Liabilities
$5,899
Net assets
$29,714
Revenue
$28,440
Expenses
$48,493
Net income
-$20,053
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.41$0.01$0.40$0.57$0.47$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.36$0.06$0.30$0.28$0.48$0.20
2022Detailed filing. Detailed filing data is available for this year.$0.51$0.01$0.50$0.39$0.46$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.58$0.01$0.57$0.27$0.46$0.20
2020Detailed filing. Detailed filing data is available for this year.$0.78$0.01$0.77$0.75$0.45$0.31
2019Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.43$0.45$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.42$0.41$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.41$0.39$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.47$0.30$0.17
2015Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.61$0.54$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.51$0.62$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.39$0.40$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.00$0.30$0.62$0.58$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.01$0.26$1.19$1.18$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.01$0.25$1.28$1.23$0.05