EIN 41-0506950

Rochester Area Chamber of Commerce

IRS 501(c) type
501(c)(6)
Num. employees
12
Year formed
1866
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Rochester Area Chamber of Commerce aims to promote business success that supports a thriving community. Its leadership program, LGR, has propelled over 1,000 alumni to serve in various civic and community organizations since 1987. The Chamber's annual member celebration is an evening of good food, great entertainment, and networking that honors volunteers of the year, small businesses of the year, lamp of knowledge award winners, and recognizes Rochester.
Total revenues
$1,311,545
2023
Total expenses
$1,304,017
2023
Total assets
$1,694,119
2023
Num. employees
12
2023

Program areas at Rochester Area Chamber of Commerce

Chamber annual member celebration - this is an evening of good food, great entertainment and networking. This celebration honors the volunteer of the year, small business of the year and lamp of knowledge award winners. This event also recognizes Rochester business gives participants. These businesses are recognized for giving cash and/or in-kind contributions to charitable organizations amounting to 2 percent or more of their pretax earnings. The program is based on the Minnesota keystone program criteria established in 1976 by the minneapolis regional Chamber of Commerce. Over 700 members attend this event. The chair of the board gives year-in-review highlights and the incoming chair of the board presents the Chamber's priorities for the upcoming year.
Annual golf outing - a time for our membership to come together and enjoy our Minnesota summer weather. This is a fantastic opportunity for leaders to connect with others from their own business and network with Rochester Area business leaders. Members have an opportunity to promote their business and enjoy a day of golf.
Since 1987, the Chamber's leadership greater Rochester (lgr) program has propelled leaders in the community to further be inspired, connected and enlightened. The 1,000+ alumni who have graduated from lgr have gone on to serve in various civic, community, and business leadership positions. The lgr network stretches across the community, present in almost every sector.this 10-month program immerses three dozen leaders in sessions examining everything from economic development and the local arts scene, to workforce development and building a sustainable community. Through enriching conversations, behind-the-scenes tours, and work on the community impact project, the lgr experience builds lifelong relationships and provides opportunities for business and community leaders to shape and contribute to the fabric of the greater Rochester Area.
Lemonade day is a community-wide program that teaches local youth entrepreneurial and life skills as they learn how to start their very own business, a lemonade stand. They learn how to develop a business and experience all the aspects of maintaining a business, such as creating a product, establishing a budget, designing a marketing plan, and so much more.

Who funds Rochester Area Chamber of Commerce

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
J.A. Wedum FoundationGeneral Operating$2,375

Personnel at Rochester Area Chamber of Commerce

NameTitleCompensation
Ryan ParsonsPresident$144,200
Cheryl KrageDirector of Operations$12,775

Financials for Rochester Area Chamber of Commerce

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$1,248,141
Investment income and dividends$18,321
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$31,030
Net gain from sale of non-inventory assets$-1,586
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$15,639
Total revenues$1,311,545

Form 990s for Rochester Area Chamber of Commerce

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-11990View PDF
2018-122020-01-31990View PDF
...and 11 more Form 990s
Data update history
October 22, 2024
Received grants
Identified 1 new grant, including a grant for $2,375 from J.A. Wedum Foundation
October 19, 2024
Updated personnel
Identified 8 new personnel
January 8, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 7, 2024
Updated personnel
Identified 5 new personnel
November 25, 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
MembershipsState / local levelCommunity engagement / volunteeringFundraising races, competitions, and tournaments
General information
Address
220 S Broadway 100
Rochester, MN 55904
Metro area
Rochester, MN
County
Olmsted County, MN
Website URL
rochestermnchamber.com/ 
Phone
(507) 288-1122
Facebook page
RochMNChamber 
Twitter profile
@rochmnchamber 
IRS details
EIN
41-0506950
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1866
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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