Civic Intelligence

Elko New Market Chamber of Commerce

EIN 45-1219030 • 501(c)6 • Elko New Market, MN

Profile

COMMUNITY DEVELOPMENT

PO Box 298Elko New Market, MN 55020

www.enmchamber.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

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

Liabilities / Revenue

57th percentile

0.01x

Higher debt load relative to revenue than 57% of similar nonprofits.

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

Net Margin

17th percentile

-29%

Higher net margin than 17% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$28,715

Up $7,318 (+34%) from 2015

Liabilities

Up

$372

Up $372 from 2015

Net Assets

Up

$28,343

Up $6,946 (+32%) from 2015

Operations
Liabilities / Revenue57th percentileNet Margin17th percentile

Revenue

Up

$53,728

Up $18,910 (+54%) from 2015

Expenses

Up

$69,099

Up $32,244 (+87%) from 2015

Net Income

Down

-$15,371

Down $13,334 (-655%) from 2015

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$30K$20K$10K$0Assets 2015: $21,397Liabilities 2015: $0Net Assets 2015: $21,3972015Assets 2024: $28,715Liabilities 2024: $372Net Assets 2024: $28,3432024

Highlighted filing

2024

Assets$28,715
Liabilities$372
Net Assets$28,343
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0-$50KRevenue 2015: $34,818Expenses 2015: $36,855Net Income 2015: -$2,0372015Revenue 2024: $53,728Expenses 2024: $69,099Net Income 2024: -$15,3712024

Highlighted filing

2024

Revenue$53,728
Expenses$69,099
Net Income-$15,371
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$28,715
Liabilities
$372
Net assets
$28,343
Revenue
$53,728
Expenses
$69,099
Net income
-$15,371
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$28.7$0.37$28.3$53.7$69.1$15.4
2015Detailed filing. Detailed filing data is available for this year.$21.4$0.00$21.4$34.8$36.9$2.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$53,728
Mission and Program Overview

Mission

COMMUNITY DEVELOPMENT

Program Services

DescriptionGrantsExpenses
THE CHAMBER WILL SPONSOR AND WORK ON SEVERAL PROJECTS EACH YEAR TO BRING THE LOCAL COMMUNITY, TRAVELING PUBLIC, AND NEARBY RESIDENTS INTO OUR TOWN AND PROMOTE THE SERVICES AND PROD-$0
THE CHAMBER WILL WORK VERY HARD TO ATTRACT AS MANY VISITORS AS POSSIBLE TO OUR TOWN AND VISIT OUR BUSINESSES WITH CUTTING EDGE MARKETING, NETWORKING EVENTS, NEW EVENTS AND FUND RAI-$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIM SADUSKYPresident-$0--
KURT COTTIERVice President-$0--
KAREN RAMOLATreasurer-$0--
MATT PIVECSecretary-$0--
TRISH RUEDYDirector-$0--
ROBINETTE DUNAHUGHDirector-$0--
KATE TIMMERMANDirector-$0--
Filing and Contact Details

Filer

Filer Name
Elko New Market Chamber of Commerce
EIN
45-1219030
In Care Of
% KAREN RAMOLA
Phone
6125010034
Address
PO BOX 298, ELKO NEW MARKET, MN 55020

Signing Officer

Name
Karen Ramola
Title
President
Phone
9522232316
Signed
2025-11-17
Discuss with paid preparer
Yes

Preparer

Firm
Heimdal Tax and Financial Services
Address
8353 210th St West, Lakeville, MN 55044-8504
Preparer
Pamela S Heimdal Ea
Phone
9524691428
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountadvertising 313event exp 30,517contributions 550dues and subscriptions 1,924food exp 2,332liability ins 496merchant fees 898interest 14goodwill 2,348website 339equipment rental 143travel 411misc 299”

Description of other assets Part II line 24

“Category beginning of year end of yearfurniture and equipment 1,898 1,898”

Description of total liabilities Part II line 26

“Category beginning of year end of yearvisa 349 372”

Raw XML Appendix138 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/PersonNm0TIM SADUSKY
IRS990EZ/BooksInCareOfDetail/PhoneNum06125010034
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 298
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ELKO NEW MARKET
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055020
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt042165
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt026817
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-15371
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0250
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt044063
IRS990EZ/Form990TotalAssetsGrp/EOYAmt028715
IRS990EZ/GrossReceiptsAmt053728
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt040
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt012970
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt043714
IRS990EZ/NetAssetsOrFundBalancesEOYAmt028343
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt043714
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt028343
IRS990EZ/OccupancyRentUtltsAndMaintAmt0994
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TIM SADUSKY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KURT COTTIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KAREN RAMOLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MATT PIVEC
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TRISH RUEDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ROBINETTE DUNAHUGH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6KATE TIMMERMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01898
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01898
IRS990EZ/OtherExpensesTotalAmt040584
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0COMMUNITY DEVELOPMENT
IRS990EZ/PrintingPublicationsPostageAmt01700
IRS990EZ/ProgramServiceRevenueAmt040718
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE CHAMBER WILL SPONSOR AND WORK ON SEVERAL PROJECTS EACH YEAR TO BRING THE LOCAL COMMUNITY, TRAVELING PUBLIC, AND NEARBY RESIDENTS INTO OUR TOWN AND PROMOTE THE SERVICES AND PROD
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE CHAMBER WILL WORK VERY HARD TO ATTRACT AS MANY VISITORS AS POSSIBLE TO OUR TOWN AND VISIT OUR BUSINESSES WITH CUTTING EDGE MARKETING, NETWORKING EVENTS, NEW EVENTS AND FUND RAI
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt025571
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0349
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0372
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt069099
IRS990EZ/TotalRevenueAmt053728
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.ENMCHAMBER.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTADVERTISING 313EVENT EXP 30,517CONTRIBUTIONS 550DUES AND SUBSCRIPTIONS 1,924FOOD EXP 2,332LIABILITY INS 496MERCHANT FEES 898INTEREST 14GOODWILL 2,348WEBSITE 339EQUIPMENT RENTAL 143TRAVEL 411MISC 299
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARFURNITURE AND EQUIPMENT 1,898 1,898
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARVISA 349 372
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN RAMOLA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09522232316
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELKO NEW MARKET CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0ELKO
ReturnHeader/Filer/EIN0451219030
ReturnHeader/Filer/InCareOfNm0% KAREN RAMOLA
ReturnHeader/Filer/PhoneNum06125010034
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 298
ReturnHeader/Filer/USAddress/CityNm0ELKO NEW MARKET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055020
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752972222
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Heimdal Tax and Financial Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08353 210th St West
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lakeville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0550448504
ReturnHeader/PreparerPersonGrp/PhoneNum09524691428
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAMELA S HEIMDAL EA
ReturnHeader/ReturnTs02025-11-17T16:59:34-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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