Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 41-1332729 • 501(c)6 • Mountain Lake, MN
Profile
Promote community and events, approximately 75 members
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
13th percentile
Higher net margin than 13% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 32.2% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
12th percentile
Faster revenue growth than 12% of similar nonprofits.
Assets
Down$24,724
Down $43,314 (-64%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Down$24,724
Down $43,314 (-64%) from 2023
Revenue
Down$11,032
Down $10,248 (-48%) from 2023
Expenses
Down$15,745
Down $1,906 (-11%) from 2023
Net Income
Down-$4,713
Down $8,342 (-230%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
Promote community and events, approximately 75 members
| Description | Grants | Expenses |
|---|---|---|
| SEASONAL/COMMUNITY EVENTS | - | $3,636 |
| DOWNTOWN BEAUTIFICATION PROJECT PROVIDES IMPROVEMENTS TO THE PARKS SUCH AS LANDSCAPING, PLANTS AROUND TOWN AND OTHER DECORATIONS FOR HUNDREDS OF RESIDENTS TO ENJOY THE OUTDOOR SPACE. | - | $1,305 |
| ANNUAL BANQUET WAS A NEW EVENT FOR THE CHAMBER AS A WAY TO KICK-START THE YEAR AND MEMBERSHIP DRIVE BY SERVING A NICE MEAL TO BUSINESSES THAT WERE ALREADY OR THINKING ABOUT BECOMING MEMBERS (FREE TICKETS FOR MEMBERS, LOW FEE FOR OTHERS), HIGHLIGHTING WHAT THE CHAMBER AND MT LAKE ECONOMIC DEVELOPMENT AGENCY ARE DOING IN TOWN AND HOW BUSINESSES CAN JOIN IN. | - | $744 |
| SUNFLOWER DAY IS AN OPPORTUNITY FOR OUR BUSINESSES TO SAY "THANK YOU" TO COMMUNITY MEMBERS FOR SHOPPING LOCALLY. BUSINESSES BUY (FROM THE CHAMBER) AND DISTRIBUTE TO THEIR CUSTOMERS COUPONS FOR ICE CREAM SUNDAES SERVED BY THE CHAMBER IN THE PARK ON A SUMMER EVENING IN AUGUST. STORES RUN SPECIAL DEALS THAT DAY AND SOME VENDORS ARE IN TEH PARK FOR THE EVENING. | - | $415 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DANICA DICK | Director (Ja | PT | $3,550 | - | $3,550 |
| KYLE FAST | President (J | - | $0 | - | - |
| TABITHA GARLOFF | Vice Pres (J | - | $0 | - | - |
| ELISABETH HARDER SCHROCK | Treasurer | - | $0 | - | - |
| EILEEN AUGUSTIN | President (N | - | $0 | - | - |
| CHERYL HIEBERT | Vice Pres (N | - | $0 | - | - |
| BARRIE WHITE | Board Member | - | $0 | - | - |
| JULIE FOOTE | Board Member | - | $0 | - | - |
| BRYAN BARGEN | Board Member | - | $0 | - | - |
“Expenses advertise/promote events 2,679 licensing 150 annual banquet 744 bash 97 beautification project 1,305 chamber bucks 395 xmas light decor project 125 easter egg hunt 190 sunflower day 415 fees/dues/bank charges 211 insurance 1,165 miscellaneous 1,358 postage & office supplies 125 rent 350 software 756 supplies 175 telephone/utilities 910 total 11,150”
“Checking and cd balances transferred to 0 mt lake community partners, the organization 0 that now runs the pow wow event -38,601”
“Deferred patronage dividend 15 15 total 15 15”
“Annual banquet was a new event for the chamber as a way to kick-start the year and membership drive by serving a nice meal to businesses that were already or thinking about becoming members (free tickets for members, low fee for others), highlighting what the chamber and mt lake economic development agency are doing in town and how businesses can join in.”
“Sunflower day is an opportunity for our businesses to say "thank you" to community members for shopping locally. Businesses buy (from the chamber) and distribute to their customers coupons for ice cream sundaes served by the chamber in the park on a summer evening in august. Stores run special deals that day and some vendors are in teh park for the evening.”
“Seasonal/community events”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ELIZABETH HARDER SCHROCK |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5074272999 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | DRAWER C |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MOUNTAIN LAKE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 56159 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 68023 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 24709 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 10616 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -4713 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1045 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 68038 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 24724 |
| IRS990EZ/GrossReceiptsAmt | 0 | 11032 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 3 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 68038 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 24724 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 68038 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 24724 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 3550 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DANICA DICK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KYLE FAST |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | TABITHA GARLOFF |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ELISABETH HARDER SCHROCK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | EILEEN AUGUSTIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | CHERYL HIEBERT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | BARRIE WHITE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | JULIE FOOTE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | BRYAN BARGEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR (JA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT (J |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE PRES (J |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | PRESIDENT (N |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | VICE PRES (N |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 15 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 15 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -38601 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 11150 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROMOTE COMMUNITY AND EVENTS, APPROXIMATELY 75 MEMBERS |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 413 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | DOWNTOWN BEAUTIFICATION PROJECT PROVIDES IMPROVEMENTS TO THE PARKS SUCH AS LANDSCAPING, PLANTS AROUND TOWN AND OTHER DECORATIONS FOR HUNDREDS OF RESIDENTS TO ENJOY THE OUTDOOR SPACE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | ANNUAL BANQUET WAS A NEW EVENT FOR THE CHAMBER AS A WAY TO KICK-START THE YEAR AND MEMBERSHIP DRIVE BY SERVING A NICE MEAL TO BUSINESSES THAT WERE ALREADY OR THINKING ABOUT BECOMING MEMBERS (FREE TICKETS FOR MEMBERS, LOW FEE FOR OTHERS), HIGHLIGHTING WHAT THE CHAMBER AND MT LAKE ECONOMIC DEVELOPMENT AGENCY ARE DOING IN TOWN AND HOW BUSINESSES CAN JOIN IN. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | SUNFLOWER DAY IS AN OPPORTUNITY FOR OUR BUSINESSES TO SAY "THANK YOU" TO COMMUNITY MEMBERS FOR SHOPPING LOCALLY. BUSINESSES BUY (FROM THE CHAMBER) AND DISTRIBUTE TO THEIR CUSTOMERS COUPONS FOR ICE CREAM SUNDAES SERVED BY THE CHAMBER IN THE PARK ON A SUMMER EVENING IN AUGUST. STORES RUN SPECIAL DEALS THAT DAY AND SOME VENDORS ARE IN TEH PARK FOR THE EVENING. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | SEASONAL/COMMUNITY EVENTS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 1305 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 744 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 415 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 3 | 3636 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 3550 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 15745 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 6100 |
| IRS990EZ/TotalRevenueAmt | 0 | 11032 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISE/PROMOTE EVENTS 2,679 LICENSING 150 ANNUAL BANQUET 744 BASH 97 BEAUTIFICATION PROJECT 1,305 CHAMBER BUCKS 395 XMAS LIGHT DECOR PROJECT 125 EASTER EGG HUNT 190 SUNFLOWER DAY 415 FEES/DUES/BANK CHARGES 211 INSURANCE 1,165 MISCELLANEOUS 1,358 POSTAGE & OFFICE SUPPLIES 125 RENT 350 SOFTWARE 756 SUPPLIES 175 TELEPHONE/UTILITIES 910 TOTAL 11,150 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | CHECKING AND CD BALANCES TRANSFERRED TO 0 MT LAKE COMMUNITY PARTNERS, THE ORGANIZATION 0 THAT NOW RUNS THE POW WOW EVENT -38,601 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DEFERRED PATRONAGE DIVIDEND 15 15 TOTAL 15 15 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ANNUAL BANQUET WAS A NEW EVENT FOR THE CHAMBER AS A WAY TO KICK-START THE YEAR AND MEMBERSHIP DRIVE BY SERVING A NICE MEAL TO BUSINESSES THAT WERE ALREADY OR THINKING ABOUT BECOMING MEMBERS (FREE TICKETS FOR MEMBERS, LOW FEE FOR OTHERS), HIGHLIGHTING WHAT THE CHAMBER AND MT LAKE ECONOMIC DEVELOPMENT AGENCY ARE DOING IN TOWN AND HOW BUSINESSES CAN JOIN IN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | SUNFLOWER DAY IS AN OPPORTUNITY FOR OUR BUSINESSES TO SAY "THANK YOU" TO COMMUNITY MEMBERS FOR SHOPPING LOCALLY. BUSINESSES BUY (FROM THE CHAMBER) AND DISTRIBUTE TO THEIR CUSTOMERS COUPONS FOR ICE CREAM SUNDAES SERVED BY THE CHAMBER IN THE PARK ON A SUMMER EVENING IN AUGUST. STORES RUN SPECIAL DEALS THAT DAY AND SOME VENDORS ARE IN TEH PARK FOR THE EVENING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | SEASONAL/COMMUNITY EVENTS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 29 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 30 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ELISABETH HARDER SCHROCK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5074272999 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-04-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MOUNTAIN LAKE AREA CHAMBER OF |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | COMMERCE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MOUN |
| ReturnHeader/Filer/EIN | 0 | 411332729 |
| ReturnHeader/Filer/PhoneNum | 0 | 5074272999 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | DRAWER C 930 THIRD AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MOUNTAIN LAKE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 56159 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 710906670 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | JOHNSON TIBODEAU BOTTIN PSC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 930 FOURTH AVENUE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WINDOM |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 561010307 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5078315070 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-04-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CINDY K ESPENSON |
| ReturnHeader/ReturnTs | 0 | 2025-05-13T08:50:36-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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