Civic Intelligence

Greater Madison Chamber of Commerce

EIN 46-0160860 • 501(c)6 • Madison, SD

Profile

To promote members, the community, and economic development resulting in a better quality of life in the madison, sd, area

315 S Egan AveuneMadison, SD 57042

www.chamberofmadisonsd.com

Siviq Scores

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

Liabilities / Assets

89th percentile

0.42x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

76th percentile

0.08x

Higher debt load relative to revenue than 76% of similar nonprofits.

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

Net Margin

44th percentile

-1.6%

Higher net margin than 44% of similar nonprofits.

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

Top Officer Pay

96th percentile

$95,683

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 22.9% of source-year revenue.

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

Asset Growth

73rd percentile

12%

Faster asset growth than 73% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

2.7%

Faster revenue growth than 56% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$80,826

Up $8,836 (+12%) from 2023

Liabilities

Up

$34,076

Up $15,397 (+82%) from 2023

Net Assets

Down

$46,750

Down $6,561 (-12%) from 2023

Operations
Liabilities / Revenue76th percentileNet Margin44th percentile

Revenue

Up

$418,044

Up $11,053 (+2.7%) from 2023

Expenses

Up

$424,681

Up $18,632 (+4.6%) from 2023

Net Income

Down

-$6,637

Down $7,579 (-805%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth73rd percentile

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

$150K$100K$50K$0Assets 2010: $74,996Liabilities 2010: $31,962Net Assets 2010: $43,0342010Assets 2011: $77,069Liabilities 2011: $26,283Net Assets 2011: $50,7862011Assets 2012: $92,515Liabilities 2012: $10,658Net Assets 2012: $81,8572012Assets 2013: $97,164Liabilities 2013: $17,091Net Assets 2013: $80,0732013Assets 2014: $105,843Liabilities 2014: $5,358Net Assets 2014: $100,4852014Assets 2015: $110,437Liabilities 2015: $5,366Net Assets 2015: $105,0712015Assets 2016: $112,420Liabilities 2016: $3,616Net Assets 2016: $108,8042016Assets 2017: $115,821Liabilities 2017: $6,472Net Assets 2017: $109,3492017Assets 2018: $88,084Liabilities 2018: $859Net Assets 2018: $87,2252018Assets 2019: $101,356Liabilities 2019: $16,780Net Assets 2019: $84,5762019Assets 2020: $126,515Liabilities 2020: $54,013Net Assets 2020: $72,5022020Assets 2021: $82,840Liabilities 2021: $21,224Net Assets 2021: $61,6162021Assets 2022: $68,231Liabilities 2022: $15,862Net Assets 2022: $52,3692022Assets 2023: $71,990Liabilities 2023: $18,679Net Assets 2023: $53,3112023Assets 2024: $80,826Liabilities 2024: $34,076Net Assets 2024: $46,7502024

Highlighted filing

2024

Assets$80,826
Liabilities$34,076
Net Assets$46,750
Open 2024 Filing

Operations Trend

Revenue Growth56th percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $187,1202010Expenses 2011: $188,0562011Expenses 2012: $199,2662012Revenue 2013: $251,317Expenses 2013: $253,101Net Income 2013: -$1,7842013Revenue 2014: $281,668Expenses 2014: $261,256Net Income 2014: $20,4122014Revenue 2015: $274,182Expenses 2015: $269,596Net Income 2015: $4,5862015Revenue 2016: $290,843Expenses 2016: $287,110Net Income 2016: $3,7332016Revenue 2017: $299,781Expenses 2017: $299,236Net Income 2017: $5452017Revenue 2018: $325,227Expenses 2018: $348,217Net Income 2018: -$22,9902018Revenue 2019: $321,996Expenses 2019: $324,645Net Income 2019: -$2,6492019Revenue 2020: $407,412Expenses 2020: $419,486Net Income 2020: -$12,0742020Revenue 2021: $441,367Expenses 2021: $452,253Net Income 2021: -$10,8862021Revenue 2022: $385,406Expenses 2022: $392,186Net Income 2022: -$6,7802022Revenue 2023: $406,991Expenses 2023: $406,049Net Income 2023: $9422023Revenue 2024: $418,044Expenses 2024: $424,681Net Income 2024: -$6,6372024

Highlighted filing

2024

Revenue$418,044
Expenses$424,681
Net Income-$6,637
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$80,826
Liabilities
$34,076
Net assets
$46,750
Revenue
$418,044
Expenses
$424,681
Net income
-$6,637
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.34$0.47$4.18$4.25$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.72$0.19$0.53$4.07$4.06$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.68$0.16$0.52$3.85$3.92$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.83$0.21$0.62$4.41$4.52$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.27$0.54$0.73$4.07$4.19$0.12
2019Detailed filing. Detailed filing data is available for this year.$1.01$0.17$0.85$3.22$3.25$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.88$0.01$0.87$3.25$3.48$0.23
2017Detailed filing. Detailed filing data is available for this year.$1.16$0.06$1.09$3.00$2.99$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.12$0.04$1.09$2.91$2.87$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.05$1.05$2.74$2.70$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.06$0.05$1.00$2.82$2.61$0.20
2013Detailed filing. Detailed filing data is available for this year.$0.97$0.17$0.80$2.51$2.53$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.11$0.82$1.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.26$0.51$1.88
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.32$0.43$1.87
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 26, 2025
Return Version
2024v5.2
Gross Receipts
$448,038
Mission and Program Overview

Mission

To promote members, the community, and economic development resulting in a better quality of life in the madison, sd, area

To promote members, the community, and economic development resulting in a better quality of life in the madison, sd area

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$53,676$66,753▲ $13,077
Cash and Non-Interest-Bearing Accounts$10,034$7,376▼ $2,658
Accounts Receivable$8,280$6,697▼ $1,583
Total Assets$71,990$80,826▲ $8,836
Liabilities
Accounts Payable and Accrued Expenses$18,679$34,076▲ $15,397
Total Liabilities$18,679$34,076▲ $15,397
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$53,311$46,750▼ $6,561
Total Net Assets Fund Balance$53,311$46,750▼ $6,561
Total Liabilities and Net Assets / Fund Balance$71,990$80,826▲ $8,836

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$8,516$8,516
Other Land Buildings-$7,912$7,912
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Eric HortnessExecutive DirectorFT$95,683$95,683

Board Members and Trustees

NameTitle
Travis OlsonPresident
Savannah OlingerVice President
Beth BernardDirector
Deb RoachDirector
Jesse LetscheDirector
Melissa PalmquistDirector
Randy MorehouseDirector
Sarah CroninDirector
Tyler RuhdDirector
Taylor BloomSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$110,881
Program Service Revenue
$287,077
Investment Income
$1,238
Other Revenue
$18,848
Change in Net Assets
$-6,637
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$219,284
Salaries, Compensation, and Employee Benefits$196,019
Grants and Similar Amounts Paid$9,378
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$47,842$47,841-$95,683
Other Salaries and Wages$38,311$38,312-$76,623
Advertising$45,152$19,470-$64,622
Office Expenses$7,909$44,539-$52,448
Fees for Services Other$43,774--$43,774
Information Technology$5,000$16,648-$21,648
Payroll Taxes$6,691$6,691-$13,382
Conferences and Meetings$7,114$3,086-$10,200
Other Expenses$6,534$2,529-$9,063
Pension Plan Contributions$2,871$2,870-$5,741
Travel$1,704$3,821-$5,525
Grants to Domestic Orgs$5,128--$5,128
Other Employee Benefits-$4,590-$4,590
Grants to Domestic Individuals$4,250--$4,250
Fees for Services Accounting-$4,056-$4,056
Insurance-$3,469-$3,469
Occupancy$2,841$548-$3,389
Total Functional Expenses$225,121$199,560$0$424,681
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$33,821
Fundraising Direct Expenses$21,808
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Classic$26,392$26,392$16,191$10,201
Amateur Basketball Tourney$6,329$6,329$5,121$1,208
Total Events$32,721$32,721$21,312$11,409
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A - GOVERNING BODY MANAGEMENT, Line 7A

“The board of directors is elected by the members”

Form 990, Part VI, Section A - GOVERNING BODY MANAGEMENT, Line 7B

“The elected board of directors acts on behalf of the members”

Form 990, Part VI, Section POLICIES, Line 11B

“A final 990 return is reviewed and approved by the board and executive director”

Form 990, Part VI, Section POLICIES, Line 12C

“Periodic reviews are conducted”

Form 990, Part VI, Section POLICIES, Line 15A

“An annual board review is conducted and comparisons made with other like kind organizations”

Form 990, Part VI, Section POLICIES, Line 15B

“An annual board review is conducted and comparisons made with other like kind organizations”

Form 990, Part VI, Section DISCLOSURE, Line 18

“GUIDESTAR.COM”

Form 990, Part VI, Section DISCLOSURE, Line 19

“Documents, policies and financial statements are provided upon request by members”

Filing and Contact Details

Filer

Filer Name
Greater Madison Chamber of Commerce
EIN
46-0160860
Phone
6052562454
Address
315 S EGAN AVEUNE, MADISON, SD 57042

Signing Officer

Name
Eric Hortness
Title
Executive Director
Phone
6052562454
Signed
2025-09-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Hortness
Formed
1930
Legal Domicile
Sd
Voting Board Members
10
Independent Board Members
10
Employees
3
Volunteers
100

Preparer

Firm
Katie J Nelson
Address
11947 VALLEY VIEW ROAD, SISSETON, SD 57262
Preparer
Katie J Nelson
Phone
6052701901
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

“Program Service Expenses 142,759, Grants and allocations 0, Revenue 0 THE MAIN OBJECTIVE OF ALL OTHER PROGRAM SERVICES OFFERED BY THE CHAMBER IS TO PROMOTE BUSINESS IN MADISON, SOUTH DAKOTA.”

Form 990, Part I, Section ACTIVITIES GOVERNANCE, Line 6

“Board members serve without compensation and committee members are also volunteers. Additionally programs and events are staffed primarily by volunteers.”

Form 990, Part IX, Section STATEMENT OF FUNCTIONAL EXPENSES, Line 11G

“Dtmt entertainment expenses 43774”

Raw XML AppendixShowing 400 of 447 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt018679
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt034076
IRS990/AccountsReceivableGrp/BOYAmt08280
IRS990/AccountsReceivableGrp/EOYAmt06697
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE MEMBERS, THE COMMUNITY, AND ECONOMIC DEVELOPMENT RESULTING IN A BETTER QUALITY OF LIFE IN THE MADISON, SD AREA
IRS990/AdvertisingGrp/ManagementAndGeneralAmt019470
IRS990/AdvertisingGrp/ProgramServicesAmt045152
IRS990/AdvertisingGrp/TotalAmt064622
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GREATER MADISON CHAMBER OF COMMERCE
IRS990/BooksInCareOfDetail/PhoneNum06052562454
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0315 S EGAN AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MADISON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd057042
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt010034
IRS990/CashNonInterestBearingGrp/EOYAmt07376
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt047841
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt047842
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt095683
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt03086
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt07114
IRS990/ConferencesMeetingsGrp/TotalAmt010200
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt08186
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0110881
IRS990/CYGrantsAndSimilarPaidAmt09378
IRS990/CYInvestmentIncomeAmt01238
IRS990/CYOtherExpensesAmt0219284
IRS990/CYOtherRevenueAmt018848
IRS990/CYProgramServiceRevenueAmt0287077
IRS990/CYRevenuesLessExpensesAmt0-6637
IRS990/CYSalariesCompEmpBnftPaidAmt0196019
IRS990/CYTotalExpensesAmt0424681
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0418044
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0THE MAIN PURPOSE OF THE EVENT COMMITTEE IS TO INCREASE INTERACTION BETWEEN MEMBERS AND THE COMMUNITY AND TO PROMOTE A GENUINE CAMARADERIE AMONG THE CITIZENS OF LAKE COUNTY. THE LARGEST EVENT IN 2024 WAS AN EVENT CALLED DOWNTOWN IN MADTOWN, WHICH IS A FAMILY FRIENDLY SUMMER CONCERT SERIES THAT INCLUDES KIDS ACTIVITIES AND FOOD BOOTHS FROM APPROXIMATELY 20 MADISON VENDORS. THE OBJECTIVE OF THE EVENT IS TO GET PEOPLE INTO DOWNTOWN MADISON. THE EVENT AVERAGED ABOUT 3000 PEOPLE IN EACH OF THE SIX WEEKS IT WAS HELD.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt066443
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04056
IRS990/FeesForServicesAccountingGrp/TotalAmt04056
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt043774
IRS990/FeesForServicesOtherGrp/TotalAmt043774
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt7001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt8001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt9001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10001.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0ERIC HORTNESS
IRS990/Form990PartVIISectionAGrp/PersonNm1SARAH CRONIN
IRS990/Form990PartVIISectionAGrp/PersonNm2SAVANNAH OLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm3BETH BERNARD
IRS990/Form990PartVIISectionAGrp/PersonNm4TRAVIS OLSON
IRS990/Form990PartVIISectionAGrp/PersonNm5MELISSA PALMQUIST
IRS990/Form990PartVIISectionAGrp/PersonNm6RANDY MOREHOUSE
IRS990/Form990PartVIISectionAGrp/PersonNm7TYLER RUHD
IRS990/Form990PartVIISectionAGrp/PersonNm8DEB ROACH
IRS990/Form990PartVIISectionAGrp/PersonNm9JESSE LETSCHE
IRS990/Form990PartVIISectionAGrp/PersonNm10TAYLOR BLOOM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt095683
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY/TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01930
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt021808
IRS990/FundraisingGrossIncomeAmt033821
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0110881
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt04250
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt04250
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt05128
IRS990/GrantsToDomesticOrgsGrp/TotalAmt05128
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0448038
IRS990/GrossSalesOfInventoryAmt015021
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt016648
IRS990/InformationTechnologyGrp/ProgramServicesAmt05000
IRS990/InformationTechnologyGrp/TotalAmt021648
IRS990/InsuranceGrp/ManagementAndGeneralAmt03469
IRS990/InsuranceGrp/TotalAmt03469
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt01238
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01238
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt016428
IRS990/LandBldgEquipCostOrOtherBssAmt016428
IRS990/LegalDomicileStateCd0SD
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE MEMBERS, THE COMMUNITY, AND ECONOMIC DEVELOPMENT RESULTING IN A BETTER QUALITY OF LIFE IN THE MADISON, SD AREA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt053311
IRS990/NetAssetsOrFundBalancesEOYAmt046750
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt012013
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt012013
IRS990/NetIncomeOrLossGrp/ExclusionAmt06830
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt06835
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt053311
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt046750
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0548
IRS990/OccupancyGrp/ProgramServicesAmt02841
IRS990/OccupancyGrp/TotalAmt03389
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt044539
IRS990/OfficeExpensesGrp/ProgramServicesAmt07909
IRS990/OfficeExpensesGrp/TotalAmt052448
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04590
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04590
IRS990/OtherExpensesGrp/Desc0DUES AND FEES
IRS990/OtherExpensesGrp/Desc1EVENT EQUIPMENT RENTAL EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01090
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12529
IRS990/OtherExpensesGrp/ProgramServicesAmt06534
IRS990/OtherExpensesGrp/TotalAmt01090
IRS990/OtherExpensesGrp/TotalAmt19063
IRS990/OtherInd0X
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt038312
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt038311
IRS990/OtherSalariesAndWagesGrp/TotalAmt076623
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06691
IRS990/PayrollTaxesGrp/ProgramServicesAmt06691
IRS990/PayrollTaxesGrp/TotalAmt013382
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02870
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02871
IRS990/PensionPlanContributionsGrp/TotalAmt05741
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ERIC HORTNESS
IRS990/PriorPeriodAdjustmentsAmt076
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1EVENT COMMITTEE
IRS990/ProgramServiceRevenueGrp/Desc2PROMO ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc3AG COMMITTEE
IRS990/ProgramServiceRevenueGrp/Desc4LEADERSHIP MADISON
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0129383
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt186464
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt234925
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt315575
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt411570
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0129383
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt186464
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt234925
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt315575
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt411570
IRS990/ProgSrvcAccomActy2Grp/Desc0THE AG COMMITTEE IS A PROGRAM TASKED WITH SUPPORTING LOCAL AGRICULTURE, ALONG WITH PROVIDING EDUCATION TO THE GENERAL PUBLIC ON AGRICULTURAL TOPICS. EVENTS HOSTED BY THIS COMMITTEE INClUDE A HARVEST APPRECIATION EVENT, AGRICULTURE TOURS, AND AG IN THE CLASSROOM. THE PROGRAM ALSO SUPPORTS THE EFFORTS OF THE LOCAL FFA CHAPTERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt012044
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt015575
IRS990/ProgSrvcAccomActy3Grp/Desc0LEADERSHIP MADISON IS A 12 SESSION PROGRAM THAT HELPS TO GROW FUTURE LEADERS IN THE COMMUNITY. SESSIONS INVOLVE PERSONALITY TESTS, LOCAL BUSINESS TOURS, EFFECTIVE COMMUNICATION, A TRIP TO THE STATES CAPITOL. THE PROGRAM HAS BEEN RUNNING SINCE 2002 AND HAS 400 GRADUATES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt03875
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt011570
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0111561
IRS990/PYGrantsAndSimilarPaidAmt05800
IRS990/PYInvestmentIncomeAmt01110
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0221123
IRS990/PYOtherRevenueAmt014105
IRS990/PYProgramServiceRevenueAmt0280215
IRS990/PYRevenuesLessExpensesAmt0942
IRS990/PYSalariesCompEmpBnftPaidAmt0179126
IRS990/PYTotalExpensesAmt0406049
IRS990/PYTotalRevenueAmt0406991
IRS990/ReconcilationRevenueExpnssAmt0-6637
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt070226
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt053676
IRS990/SavingsAndTempCashInvstGrp/EOYAmt066753
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08516
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08516
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07912
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07912
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt021312
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF CLASSIC
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0AMATEUR BASKETBALL TOURNEY
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt026392
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06329
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt032721
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt026392
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06329
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt032721
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt011409
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt021312
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt016191
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt05121
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 142,759, Grants and allocations 0, Revenue 0 THE MAIN OBJECTIVE OF ALL OTHER PROGRAM SERVICES OFFERED BY THE CHAMBER IS TO PROMOTE BUSINESS IN MADISON, SOUTH DAKOTA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS SERVE WITHOUT COMPENSATION AND COMMITTEE MEMBERS ARE ALSO VOLUNTEERS. ADDITIONALLY PROGRAMS AND EVENTS ARE STAFFED PRIMARILY BY VOLUNTEERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ELECTED BOARD OF DIRECTORS ACTS ON BEHALF OF THE MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A FINAL 990 RETURN IS REVIEWED AND APPROVED BY THE BOARD AND EXECUTIVE DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PERIODIC REVIEWS ARE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AN ANNUAL BOARD REVIEW IS CONDUCTED AND COMPARISONS MADE WITH OTHER LIKE KIND ORGANIZATIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AN ANNUAL BOARD REVIEW IS CONDUCTED AND COMPARISONS MADE WITH OTHER LIKE KIND ORGANIZATIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8GUIDESTAR.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST BY MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DTMT ENTERTAINMENT EXPENSES 43774
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part I, Section ACTIVITIES GOVERNANCE, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A - GOVERNING BODY MANAGEMENT, Line 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A - GOVERNING BODY MANAGEMENT, Line 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section POLICIES, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section POLICIES, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section POLICIES, Line 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section POLICIES, Line 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part VI, Section DISCLOSURE, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part VI, Section DISCLOSURE, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Section STATEMENT OF FUNCTIONAL EXPENSES, Line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt071990
IRS990/TotalAssetsEOYAmt080826
IRS990/TotalAssetsGrp/BOYAmt071990
IRS990/TotalAssetsGrp/EOYAmt080826
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0110881
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0199560
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0225121
IRS990/TotalFunctionalExpensesGrp/TotalAmt0424681
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018679
IRS990/TotalLiabilitiesEOYAmt034076
IRS990/TotalLiabilitiesGrp/BOYAmt018679
IRS990/TotalLiabilitiesGrp/EOYAmt034076
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt053311
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt046750
IRS990/TotalOtherProgSrvcExpenseAmt0142759
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt0525
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt08635
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt09160
IRS990/TotalProgramServiceExpensesAmt0225121
IRS990/TotalProgramServiceRevenueAmt0287077
IRS990/TotalReportableCompFromOrgAmt095683
IRS990/TotalRevenueGrp/ExclusionAmt020606
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0286552
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0418044

Document Assets

No mirrored PDF or thumbnail assets are attached yet.