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Minnesota Chamber Foundation

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

EIN: 411453093 ✦ St paul, MN ✦ Designated as a 501(c)(3)

Overview

What is Minnesota Chamber Foundation?

The Minnesota Chamber Foundation is a nonprofit organization situated in St. Paul, Minnesota. Their primary mission is to foster prosperity and long-term growth in Minnesota's economy. They accomplish this by uniting various stakeholders. In May 2022, they released a report titled "Minnesota Entrepreneurship: A Turning Point," detailing the growth of entrepreneurship in the state and proposing strategies to further stimulate it. They are currently working on the 2023 edition of their economic outlook report, "Minnesota: 2030," which provides an analysis of Minnesota's economy and suggests ways to mitigate potential challenges to future growth. The foundation, with a workforce of 4 individuals, plays a significant role in shaping Minnesota's economic landscape.


Is Minnesota Chamber Foundation legitimate?

Minnesota Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Chamber 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: $192,546
Professional Fundraising Fees: $0
Other Salaries and Wages: $125,442

For more financial information, click here


What is the mission statement of Minnesota Chamber Foundation?
Who is the CEO of Minnesota Chamber Foundation?
What is the revenue of Minnesota Chamber Foundation?
Who are the executives of Minnesota Chamber Foundation and what are their salaries?
Where can I find the form 990 for Minnesota Chamber Foundation?

Mission Statement of Minnesota Chamber Foundation

The Minnesota Chamber Foundation, an organization dedicated to fostering prosperity and long-term growth in Minnesota's economy, fulfills its mission by bringing together various stakeholders. Its primary objective is to facilitate a collaborative environment that encourages the advancement and expansion of Minnesota's economic landscape.

In pursuit of this mission, the Minnesota Chamber Foundation conducts comprehensive economic research. For instance, in May 2022, they released a report entitled "Minnesota Entrepreneurship: A Turning Point," which highlighted the growth of entrepreneurship in the state and proposed strategies to further stimulate its development. More recently, in May 2023, the foundation unveiled the 2023 edition of "Minnesota: 2030," a report offering an insightful analysis of Minnesota's economic performance and suggesting potential solutions to overcome challenges preventing future growth. These initiatives demonstrate the Minnesota Chamber Foundation's commitment to promoting and sustaining economic prosperity in Minnesota.

Impact

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




Saturday, July 20, 2024

The Minnesota Chamber Foundation plays a significant role in promoting prosperity and long-term growth in Minnesota's economy. Through its economic research efforts, the Foundation provides valuable insights and recommendations to stakeholders. For example, the release of reports like "Minnesota Entrepreneurship: A Turning Point" and "Minnesota: 2030" offers objective analysis of the state's economy and suggests strategies to foster growth. By bringing together key players and providing data-driven guidance, the Foundation contributes to shaping positive economic outcomes for the state of Minnesota.





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: $0
  • Program Service Revenue: $203,660
  • Gross Receipts: $930,141

    • Assets and Liabilities:
  • Total Assets: $743,764
  • Total Liabilities: $156,778
  • Net Assets: $586,986
  • Programs

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

    TUITION

    Revenue

    $191,710

    ALUMNI EVENT

    Revenue

    $11,950

    Organization Details

    Founding Year

    1983

    Principal Officer

    Jennifer Byers

    Main Address

    380 SAINT PETER STREET 1050, ST PAUL, MN, 55102

    NTEE Category

    Code: W11 - Public benefit

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