EIN 41-0417210

Minnesota Chamber of Commerce and Industry

IRS 501(c) type
501(c)(6)
Num. employees
29
Year formed
1909
Most recent tax filings
2023-09-01
NTEE code, primary
Description
The Minnesota Chamber advances pro-business policy, provides member services, offers networking events and the Grow Minnesota! program for job growth.
Total revenues
$6,857,191
2023
Total expenses
$6,552,464
2023
Total assets
$9,574,472
2023
Num. employees
29
2023

Program areas at Minnesota Chamber of Commerce and Industry

Legislative: to be an advocate for Minnesota businesses by lobbying at the state capitol, testifying in courts and intervening before state regulatory agencies. We also conduct and sponsor a broad range of research which supports our work on specific policy issues. Objective: to make Minnesota a competitive place to do business.members served: 6,300
Grow Minnesota! : business retention, expansion and assistance. Grow Minnesota! Is a private-sector initiative of the Minnesota Chamber of Commerce in partnership with nearly 90 local chambers and economic development organizations. The program focuses on retaining and expanding companies in minnesota.objective: to thank employers for their commitment to Minnesota and to assist with issues that impede their growth and provide such resources as the funding, exporting and workforce guidebooks. Companies served: 13,500+ visits have been held with owners or top management of companies in Minnesota.
Grassroots: to keep our members informed on issues that may affect their business. Communications include a monthly newsletter, bimonthly legislative email updates, issue alerts and a daily e-newsletter on current events. Objective: to give our members the necessary information for them to contact their lawmakers and to keep updated on business issues.members served: 6,300
Special programs and events: to educate our members on legislative and other key issues that may affect their business. These programs also offer networking opportunities among business leaders. Our larger events are session priorities, economic summit, women in business and business day at the capitol. We offer smaller events such as webinars and issue briefings. Objective: to give our members an opportunity to network with other business leaders and to hear first-hand from lawmakers and other key authorities on business issues.

Grants made by Minnesota Chamber of Commerce and Industry

GranteeGrant descriptionAmount
Minnesota Chamber FoundationProgram Expenses$150,000

Personnel at Minnesota Chamber of Commerce and Industry

NameTitleCompensation
Doug LoonPresident and Chief Executive Officer$553,410
Annette KojetinVice President , Chief Financial Officer$183,931
Beth KadounVice President , Tax and Fiscal Policy$161,255
Laura BordelonSenior Vice President , Advocacy$293,703
Vicki StuteVice President , Programs and Business Services$153,104
...and 18 more key personnel

Financials for Minnesota Chamber of Commerce and Industry

RevenuesFYE 09/2023
Total grants, contributions, etc.$26,150
Program services$6,563,561
Investment income and dividends$134,754
Tax-exempt bond proceeds$0
Royalty revenue$65,000
Net rental income$83,882
Net gain from sale of non-inventory assets$-60,677
Net income from fundraising events$1,242
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$43,279
Total revenues$6,857,191

Form 990s for Minnesota Chamber of Commerce and Industry

Fiscal year endingDate received by IRSFormPDF link
2023-092024-05-09990View PDF
2022-092023-08-11990View PDF
2021-092022-08-01990View PDF
2020-092021-08-11990OView PDF
2020-092021-08-05990View PDF
...and 10 more Form 990s
Data update history
August 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 24, 2024
Updated personnel
Identified 11 new personnel
October 7, 2023
Updated personnel
Identified 8 new personnel
October 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 7, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Trade associationsChambers of commerceBusiness and community development organizationsHeadquarter / parent organizations
Issues
Business and industry
Characteristics
MembershipsPolitical advocacyFundraising eventsState / local levelFundraising races, competitions, and tournamentsRelated 527
General information
Address
380 Saint Peter St 1050
Saint Paul, MN 55102
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Ramsey County, MN
Website URL
mnchamber.com/ 
Phone
(651) 292-4650
Facebook page
MNChamber 
Twitter profile
@mn_chamber 
IRS details
EIN
41-0417210
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1909
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
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