Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.07x
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
72nd percentile
Higher net margin than 72% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$29,143
No earlier filing loaded for comparison.
Net Assets
$27,133
No earlier filing loaded for comparison.
Liabilities
$2,010
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$60,826
No earlier filing loaded for comparison.
Expenses
$47,091
No earlier filing loaded for comparison.
Net Income
$13,735
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Feb 14, 2022
- Return Version
- 2020v4.1
- Gross Receipts
- $64,081
Mission and Program Overview
Mission
Enhance the City of Faribault Minnesota
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The Chamber Trust unites Faribault Area Chamber of Commerce programs with widespread resources for enhanced results in education, workforce and community (Continued on Schedule O) | - | $47,091 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Nort Johnson | Chair | PT | $0 | - | - |
| Kymn Anderson | Secretarytreasurer | - | $0 | - | - |
| Kim Halvorson | Director | - | $0 | - | - |
| Michael Richie | Director | - | $0 | - | - |
| Bruce Burkhartzmeyer | Director | - | $0 | - | - |
| Amy Kramer | Director | - | $0 | - | - |
| Suzanne Terry | Director | - | $0 | - | - |
| Gene Buhr | Director | - | $0 | - | - |
| Mathew Carlander | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Chamber Trust
- EIN
- 41-1923981
- Address
- 530 Wilson Avenue, Faribault, MN 55021
Signing Officer
- Name
- Nort Johnson
- Title
- Chair
- Phone
- 5073344381
- Signed
- 2022-02-14
- Discuss with paid preparer
- No
Preparer
- Firm
- Schutz CPA Ltd
- Address
- PO Box 898, Stillwater, MN 55082
- Preparer
- Jennifer
- Phone
- 6514395990
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description AmountProgram Expenses 47,091”
Description of other assets Part II line 24
“Category Beginning of Year End of YearAccounts Receivable 1,163 2,388Prepaids 1,034 1,551”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearAccounts Payable 0 2,010”
Part III response or note to any other line in Part III
“(Continued from Part III Line 28) improvement initiatives. Projects to be funded through the Chamber Trust include: Career Navigator, Community Monument Welcome signs, Cradle to Career, Downtown benches, Faribaults Future, Public Art Initiatives, Workforce Readiness Projects, and more. The acheivement highlighlights in 2020 include: 1) The community leadership program Faribaults Future served 22 students in 2020. The programming includes leadership training utilizing Cliftons Strenghfinders administered by Lighthouse Strategic Solutions. Students are also given an in depth review of Faribault with a review of our community through Blandin Foundations Elements of a Healthy Community. The class also undertakes a Community Project of their own choosing as part of their training. 2) The Downtown Bench Project created 25 custom Faribault made benches with historic stories and images embedded into the bench backs. Locally manufactured and designed these benches have been placed in the Historic District.”
Raw XML Appendix179 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Nort Johnson |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5073344381 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 530 Wilson Avenue |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Faribault |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55021 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 11201 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 25204 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 50000 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 3255 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 13735 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 13398 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 29143 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 722 |
| IRS990EZ/GrossReceiptsAmt | 0 | 64081 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 3977 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 13398 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 27133 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 13398 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 27133 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| 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/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Nort Johnson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Kymn Anderson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Kim Halvorson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Michael Richie |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Bruce Burkhartzmeyer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Amy Kramer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | Suzanne Terry |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | Gene Buhr |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | Mathew Carlander |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Chair |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SecretaryTreasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2197 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3939 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 47091 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Enhance the City of Faribault Minnesota |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 10104 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The Chamber Trust unites Faribault Area Chamber of Commerce programs with widespread resources for enhanced results in education, workforce and community (Continued on Schedule O) |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 47091 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2010 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 47091 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 47091 |
| IRS990EZ/TotalRevenueAmt | 0 | 60826 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationTrustInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.faribaultmn.org |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 50000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 12200 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15026 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 77226 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 77226 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 50000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 12200 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15026 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 77226 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 77226 |
| 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 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountProgram Expenses 47,091 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Category Beginning of Year End of YearAccounts Receivable 1,163 2,388Prepaids 1,034 1,551 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearAccounts Payable 0 2,010 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | (Continued from Part III Line 28) improvement initiatives. Projects to be funded through the Chamber Trust include: Career Navigator, Community Monument Welcome signs, Cradle to Career, Downtown benches, Faribaults Future, Public Art Initiatives, Workforce Readiness Projects, and more. The acheivement highlighlights in 2020 include: 1) The community leadership program Faribaults Future served 22 students in 2020. The programming includes leadership training utilizing Cliftons Strenghfinders administered by Lighthouse Strategic Solutions. Students are also given an in depth review of Faribault with a review of our community through Blandin Foundations Elements of a Healthy Community. The class also undertakes a Community Project of their own choosing as part of their training. 2) The Downtown Bench Project created 25 custom Faribault made benches with historic stories and images embedded into the bench backs. Locally manufactured and designed these benches have been placed in the Historic District. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of total liabilities Part II line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part III response or note to any other line in Part III |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Nort Johnson |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Chair |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5073344381 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-02-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Chamber Trust |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CHAM |
| ReturnHeader/Filer/EIN | 0 | 411923981 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 530 Wilson Avenue |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Faribault |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55021 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Schutz CPA Ltd |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO Box 898 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Stillwater |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55082 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6514395990 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-02-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Jennifer |
| ReturnHeader/ReturnTs | 0 | 2022-02-14T16:52:26-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Nort |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Johnson |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $29,143
- Liabilities
- $2,010
- Net assets
- $27,133
- Revenue
- $60,826
- Expenses
- $47,091
- Net income
- $13,735