Liabilities / Assets
66th percentile
Higher debt load relative to assets than 66% of similar nonprofits.
EIN 41-1467797 • 501(c)6 • Madelia, MN
Profile
The purpose of the madelia chamber of commerce is to provide opportunities and events wherein chamber members are encouraged to promote business and community growth, and to develop the madelia area as an attractive environment in which to work, shop, play and live.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
66th percentile
Higher debt load relative to assets than 66% of similar nonprofits.
Liabilities / Revenue
62nd percentile
Higher debt load relative to revenue than 62% of similar nonprofits.
Net Margin
22nd percentile
Higher net margin than 22% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 43.6% of source-year revenue.
Asset Growth
21st percentile
Faster asset growth than 21% of similar nonprofits.
Revenue Growth
18th percentile
Faster revenue growth than 18% of similar nonprofits.
Assets
Down$32,997
Down $14,157 (-30%) from 2023
Liabilities
Up$1,067
Up $1 (+0.1%) from 2023
Net Assets
Down$31,930
Down $14,158 (-31%) from 2023
Revenue
Down$70,607
Down $33,628 (-32%) from 2023
Expenses
Down$84,765
Down $3,939 (-4.4%) from 2023
Net Income
Down-$14,158
Down $29,689 (-191%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The purpose of the madelia chamber of commerce is to provide opportunities and events wherein chamber members are encouraged to promote business and community growth, and to develop the madelia area as an attractive environment in which to work, shop, play and live.
| Description | Grants | Expenses |
|---|---|---|
| THE MADELIA CHAMBER OF COMMERCE PROMOTES BUSINESS AND COMMUNITY GROWTH THROUGH MONTHLY MEMBERSHIP MEETINGS AND ONGOING COMMUNITY ACTIVITIES. THE ORGANIZATION WORKS TOGETHER WITH ITS MEMBERS TO SOLVE PROBLEMS AND CREATE OPPORTUNITIES FOR LOCAL BUSINESSES AND THE COMMUNITY AS A WHOLE. | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KATIE WOLLE | Executive Di | PT | $30,754 | - | $30,754 |
| GLENDA ARNDT | Secretary | - | $0 | - | - |
| DOUG FENSKE | Director | - | $0 | - | - |
| BUTCH DWYER | Director | - | $0 | - | - |
| KELSEY FORBES | Vice Preside | - | $0 | - | - |
| LAURA SORENSON | President | - | $0 | - | - |
| ASHLEY GOOSSEN | Treasurer | - | $0 | - | - |
| TIM FLITTER | Director | - | $0 | - | - |
| CALEB FENSKE | Director | - | $0 | - | - |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Park Days | $41,040 | $19,556 | $36,412 | $-16,856 |
| Total Events | $41,040 | $19,556 | $36,412 | $-16,856 |
“Expenses advertising - chamber 899 advertising - cvb 3,895 contributions 100 postage and delivery 376 supplies:office 974 office supplies 936 meeting expenses 1,829 board meeting expense 373 insurance:liability insurance 2,228 insurance:workers comp 224 insurance:d & o insurance 931 dues and subscriptions 677 telephone 2,114 web site setup/maintenanc 1,618 flower pot expenses 599 scholarships 1,000 teachers luncheon 588 reimbursed expenses -1,102 miscellaneous 15,694 scholarships -199 business after hours expe 41 conferences 99 total 33,894”
“Inventories for sale or use 300 300 office equipment 16,335 16,335 less accumulated depreciation 16,335 16,335 other asset 0 0 total 300 300”
“Accounts payable 1,066 1,066 federal taxes payable 0 1”
“The purpose of the madelia chamber of commerce is to provide opportunities and events wherein chamber members are encouraged to promote business and community growth, and to develop the madelia area as an attractive environment in which to work, shop, play and live.”
“The madelia chamber of commerce promotes business and community growth through monthly membership meetings and ongoing community activities. The organization works together with its members to solve problems and create opportunities for local businesses and the community as a whole.”
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 | THE ORGANIZATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5076428822 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 127 WEST MAIN STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MADELIA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 56062 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 46854 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 32697 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 54433 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -14158 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1745 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 47154 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 32997 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 29383 |
| IRS990EZ/GrossReceiptsAmt | 0 | 117271 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 391 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 33064 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 46088 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 31930 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 46088 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 31930 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 3715 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 23.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 30754 |
| 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 | KATIE WOLLE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | GLENDA ARNDT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DOUG FENSKE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | BUTCH DWYER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | KELSEY FORBES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | LAURA SORENSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | ASHLEY GOOSSEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | TIM FLITTER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | CALEB FENSKE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 300 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 300 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 33894 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PURPOSE OF THE MADELIA CHAMBER OF COMMERCE IS TO PROVIDE OPPORTUNITIES AND EVENTS WHEREIN CHAMBER MEMBERS ARE ENCOURAGED TO PROMOTE BUSINESS AND COMMUNITY GROWTH, AND TO DEVELOP THE MADELIA AREA AS AN ATTRACTIVE ENVIRONMENT IN WHICH TO WORK, SHOP, PLAY AND LIVE. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 518 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE MADELIA CHAMBER OF COMMERCE PROMOTES BUSINESS AND COMMUNITY GROWTH THROUGH MONTHLY MEMBERSHIP MEETINGS AND ONGOING COMMUNITY ACTIVITIES. THE ORGANIZATION WORKS TOGETHER WITH ITS MEMBERS TO SOLVE PROBLEMS AND CREATE OPPORTUNITIES FOR LOCAL BUSINESSES AND THE COMMUNITY AS A WHOLE. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 44893 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 46664 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | -17281 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1066 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1067 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 84765 |
| IRS990EZ/TotalRevenueAmt | 0 | 70607 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.VISITMADELIA.COM |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 21484 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 21484 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 36412 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | PARK DAYS |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 41040 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 41040 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 19556 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 19556 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -16856 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 36412 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 36412 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING - CHAMBER 899 ADVERTISING - CVB 3,895 CONTRIBUTIONS 100 POSTAGE AND DELIVERY 376 SUPPLIES:OFFICE 974 OFFICE SUPPLIES 936 MEETING EXPENSES 1,829 BOARD MEETING EXPENSE 373 INSURANCE:LIABILITY INSURANCE 2,228 INSURANCE:WORKERS COMP 224 INSURANCE:D & O INSURANCE 931 DUES AND SUBSCRIPTIONS 677 TELEPHONE 2,114 WEB SITE SETUP/MAINTENANC 1,618 FLOWER POT EXPENSES 599 SCHOLARSHIPS 1,000 TEACHERS LUNCHEON 588 REIMBURSED EXPENSES -1,102 MISCELLANEOUS 15,694 SCHOLARSHIPS -199 BUSINESS AFTER HOURS EXPE 41 CONFERENCES 99 TOTAL 33,894 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | INVENTORIES FOR SALE OR USE 300 300 OFFICE EQUIPMENT 16,335 16,335 LESS ACCUMULATED DEPRECIATION 16,335 16,335 OTHER ASSET 0 0 TOTAL 300 300 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE 1,066 1,066 FEDERAL TAXES PAYABLE 0 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE PURPOSE OF THE MADELIA CHAMBER OF COMMERCE IS TO PROVIDE OPPORTUNITIES AND EVENTS WHEREIN CHAMBER MEMBERS ARE ENCOURAGED TO PROMOTE BUSINESS AND COMMUNITY GROWTH, AND TO DEVELOP THE MADELIA AREA AS AN ATTRACTIVE ENVIRONMENT IN WHICH TO WORK, SHOP, PLAY AND LIVE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE MADELIA CHAMBER OF COMMERCE PROMOTES BUSINESS AND COMMUNITY GROWTH THROUGH MONTHLY MEMBERSHIP MEETINGS AND ONGOING COMMUNITY ACTIVITIES. THE ORGANIZATION WORKS TOGETHER WITH ITS MEMBERS TO SOLVE PROBLEMS AND CREATE OPPORTUNITIES FOR LOCAL BUSINESSES AND THE COMMUNITY AS A WHOLE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KATIE WOLLE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5076428822 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-23 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MADELIA CHAMBER OF COMMERCE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MADE |
| ReturnHeader/Filer/EIN | 0 | 411467797 |
| ReturnHeader/Filer/PhoneNum | 0 | 5076428822 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 127 WEST MAIN STREET PO BOX 171 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MADELIA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 56062 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 873535945 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | KELSEY ARNDT & TWEIT PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 8 W MAIN ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MADELIA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 56062 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5076422800 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-10-23 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ANNETTE M ARNDT CPA |
| ReturnHeader/ReturnTs | 0 | 2025-10-28T10:28:06-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
No mirrored PDF or thumbnail assets are attached yet.