Civic Intelligence

Midway Chamber of Commerce Foundation

EIN 47-1647614 • 501(c)3 • Saint Paul, MN

Profile

To operate as the philanthropic arm of the midway chamber of commerce to advance the business community by being a catalyst for economic development through promoting the community, being a resource for young talent, and preserving our rich heritage.

1600 University Avenue W No 301Saint Paul, MN 55104

www.midwaychamber.com

Siviq Scores

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

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

6th percentile

-257%

Higher net margin than 6% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

28th percentile

-28%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

9th percentile

-83%

Faster revenue growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$19,924

Down $7,577 (-28%) from 2020

Liabilities

Flat

$15

Flat from 2020

Net Assets

Down

$19,909

Down $7,577 (-28%) from 2020

Operations
Liabilities / Revenue67th percentileNet Margin6th percentile

Revenue

Down

$2,948

Down $13,947 (-83%) from 2020

Expenses

Up

$10,525

Up $240 (+2.3%) from 2020

Net Income

Down

-$7,577

Down $14,187 (-215%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth28th percentile

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

$30K$20K$10K$0Assets 2016: $29,959Liabilities 2016: $0Net Assets 2016: $29,9592016Assets 2017: $20,069Liabilities 2017: $0Net Assets 2017: $20,0692017Assets 2018: $18,726Liabilities 2018: $0Net Assets 2018: $18,7262018Assets 2019: $20,891Liabilities 2019: $15Net Assets 2019: $20,8762019Assets 2020: $27,501Liabilities 2020: $15Net Assets 2020: $27,4862020Assets 2021: $19,924Liabilities 2021: $15Net Assets 2021: $19,9092021

Highlighted filing

2021

Assets$19,924
Liabilities$15
Net Assets$19,909
Open 2021 Filing

Operations Trend

Revenue Growth9th percentile

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

$100K$50K$0-$50KRevenue 2016: $75,240Expenses 2016: $52,275Net Income 2016: $22,9652016Revenue 2017: $4,225Expenses 2017: $14,115Net Income 2017: -$9,8902017Revenue 2018: $6,762Expenses 2018: $8,105Net Income 2018: -$1,3432018Revenue 2019: $18,000Expenses 2019: $15,850Net Income 2019: $2,1502019Revenue 2020: $16,895Expenses 2020: $10,285Net Income 2020: $6,6102020Revenue 2021: $2,948Expenses 2021: $10,525Net Income 2021: -$7,5772021

Highlighted filing

2021

Revenue$2,948
Expenses$10,525
Net Income-$7,577
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,924
Liabilities
$15
Net assets
$19,909
Revenue
$2,948
Expenses
$10,525
Net income
-$7,577
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$19.9$0.02$19.9$2.95$10.5$7.58
2020Detailed filing. Detailed filing data is available for this year.$27.5$0.02$27.5$16.9$10.3$6.61
2019Detailed filing. Detailed filing data is available for this year.$20.9$0.02$20.9$18.0$15.9$2.15
2018Detailed filing. Detailed filing data is available for this year.$18.7$0.00$18.7$6.76$8.11$1.34
2017Detailed filing. Detailed filing data is available for this year.$20.1$0.00$20.1$4.23$14.1$9.89
2016Detailed filing. Detailed filing data is available for this year.$30.0$0.00$30.0$75.2$52.3$23.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 24, 2022
Return Version
2020v4.1
Gross Receipts
$2,948
Mission and Program Overview

Mission

To operate as the philanthropic arm of the midway chamber of commerce to advance the business community by being a catalyst for economic development through promoting the community, being a resource for young talent, and preserving our rich heritage.

Program Services

DescriptionGrantsExpenses
OTHER PROGRAM SERVICES TO PROMOTE THE MIDWAY COMMUNITY.$9,525$9,525
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN YOUNGImmediate Past Chair-$0--
MATT MEYERSTreasurer-$0--
SABRINA FAYVice Chair-$0--
JIM PEARSONDirector-$0--
JAMISON RANDALLChair-$0--
CHRIS FERGUSONDirector-$0--
JEFF FENSKEDirector-$0--
JIM WAGNERDirector-$0--
HENRY MAJERUSDirector-$0--
JILL PAVLAKDirector-$0--
AMY GAGEDirector-$0--
NILES DENEENDirector-$0--
Filing and Contact Details

Filer

Filer Name
Midway Chamber of Commerce Foundation
EIN
47-1647614
Phone
6516462636
Address
1600 UNIVERSITY AVENUE W NO 301, SAINT PAUL, MN 55104

Signing Officer

Name
Chad Kulas
Title
Executive Director
Phone
6516462636
Signed
2022-01-24
Discuss with paid preparer
Yes

Preparer

Firm
Mahoneyulbrichchristiansen & Russ Pa
Address
10 RIVER PARK PLAZA SUITE 800, SAINT PAUL, MN 55107
Preparer
Tonya J Sheldon
Phone
6512276695
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: . Grantee name: st. Paul chamber foundation. Grantee address: 401 north robert street, suite 150 st. Paul, mn 55101. Amount given: 9,525.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: accounts receivable. Beg. Of year amount: 2,500. End of year amount: 0.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts payable. Beg. Of year amount: 15. End of year amount: 15.”

Raw XML Appendix201 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.

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IRS990EZ/OperateHospitalInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: . GRANTEE NAME: ST. PAUL CHAMBER FOUNDATION. GRANTEE ADDRESS: 401 NORTH ROBERT STREET, SUITE 150 ST. PAUL, MN 55101. AMOUNT GIVEN: 9,525.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 2,500. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 15. END OF YEAR AMOUNT: 15.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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