nonprofit logo

Minneapolis Regional Chamber Development Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363468708 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Minneapolis Regional Chamber Development Foundation?

The Minneapolis Regional Chamber Development Foundation is a nonprofit organization based in Minneapolis, Minnesota. Their primary mission is to support the Minneapolis Regional Chamber in creating a robust and equitable economy. They achieve this by engaging in initiatives, such as advocating for an improved regional transit system. In addition, the foundation focuses on reducing unemployment, enhancing educational opportunities for disadvantaged youth, promoting leadership development programs, and contributing to efforts that improve the quality of life and leadership skills in the Minneapolis and St. Paul areas.


Official website here: www.mplschamber.org

Is Minneapolis Regional Chamber Development Foundation legitimate?

Minneapolis Regional Chamber Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minneapolis Regional Chamber Development Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,092,420

For more financial information, click here


Official website here: www.mplschamber.org

What is the mission statement of Minneapolis Regional Chamber Development Foundation?

The Minneapolis Regional Chamber Development Foundation's mission is centered around supporting the Minneapolis Regional Chamber in creating a vibrant and equitable economy. Specifically, the foundation aims to reduce unemployment, enhance educational opportunities for disadvantaged youth, foster leadership development programs, and promote initiatives that improve the quality of life and leadership skills in the Minneapolis and St. Paul areas. Additionally, the foundation engages in an ongoing initiative to address a regional transit system.


Official website here: www.mplschamber.org

Who is the CEO of Minneapolis Regional Chamber Development Foundation?

Jonathan Weinhagen is the Chair of Minneapolis Regional Chamber Development Foundation. The CEO's salary of Minneapolis Regional Chamber Development Foundation is $0 and their total compensation is $288,089.


Official website here: www.mplschamber.org

What is the revenue of Minneapolis Regional Chamber Development Foundation?

Minneapolis Regional Chamber Development Foundation's revenue in 2022 was $1,612,535.


Official website here: www.mplschamber.org

Who are the executives of Minneapolis Regional Chamber Development Foundation and what are their salaries?

Here are 4 key members and their salaries (Minneapolis Regional Chamber Development Foundation's CEO's salary is $0 and their total compensation is $288,089):

    Jonathan Weinhagen (President/Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $260,600
  • Other: $27,489

    • Cassie Nelson (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Prince (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ravi Norman (Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mplschamber.org

    Where can I find the form 990 for Minneapolis Regional Chamber Development Foundation?

    The Minneapolis Regional Chamber Development Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mplschamber.org

    Learn more at the official website: www.mplschamber.org

    Mission Statement of Minneapolis Regional Chamber Development Foundation

    The Minneapolis Regional Chamber Development Foundation is dedicated to supporting the Minneapolis Regional Chamber in the creation of a vibrant and equitable economy. As part of its mission, the Foundation offers innovative strategies to reduce unemployment, enhance educational opportunities for disadvantaged youth, conduct leadership development programs, and promote efforts that enhance the quality of life and leadership skills in the Minneapolis and St. Paul areas. The Foundation's initiatives also extend to economic development, as it engages in an ongoing effort to address a regional transit system through the Minneapolis Regional Chamber. In essence, the Minneapolis Regional Chamber Development Foundation aims to contribute to the region's economic growth and development while fostering leadership and educational opportunities for disadvantaged youth.

    Impact

    This information is meant to be a general summary of Minneapolis Regional Chamber Development Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Minneapolis Regional Chamber Development Foundation has a significant impact on the Minneapolis region by supporting the Minneapolis Regional Chamber in creating a vibrant and equitable economy. Through initiatives such as addressing regional transit systems, the Foundation plays a key role in promoting economic development in the area. Its mission focuses on reducing unemployment, improving educational opportunities for disadvantaged youth, conducting leadership development programs, and enhancing the overall quality of life and leadership skills in the Minneapolis and St. Paul areas. This commitment to community improvement is instrumental in fostering a more prosperous and inclusive environment for all residents.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21,162
  • Program Service Revenue: $124,602
  • Gross Receipts: $1,612,535

    • Assets and Liabilities:
  • Total Assets: $1,336,749
  • Total Liabilities: $774,437
  • Net Assets: $562,312
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TUITION INCOME

    Revenue

    $116,732

    EVENT ADMISSION

    Revenue

    $7,870

    Organization Details

    Founding Year

    1986

    Principal Officer

    Jonathan Weinhagen

    Main Address

    81 SOUTH NINTH STREET 200, MINNEAPOLIS, MN, 55402

    NTEE Category

    Code: S20Z - Community improvement

    If you are a representative of Minneapolis Regional Chamber Development Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.