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MINNESOTA CHAMBER OF COMMERCE AND INDUSTRY

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Public IRS 990 nonprofit record

MINNESOTA CHAMBER OF COMMERCE AND INDUSTRY

EIN 41-0417210 · Labor Unions (J40)

What they do

THE MINNESOTA CHAMBER of COMMERCE PROACTIVELY LEADS THE BUSINESS COMMUNITY STATEWIDE TO: ADVANCE PRO-BUSINESS, RESPONSIBLE MINNESOTA PUBLIC POLICY THAT CREATES JOBS and GROWS THE ECONONY; PROVDE MEMBER SERVICES to ADDRESS EVOLVING BUSINESS NEEDS; BE NON PARTISAN

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders48 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$102.56spent for every $100 of revenueSpending was higher than revenue this year.
$1.45in assets for every $1 spent this yearSome assets cannot be spent right away.
0.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $196,077 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $623,579 for DOUG LOON (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$7,653,674
Expenses$7,849,751
Annual shortfall $196,077 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$7,653,674
Expenses$7,849,751
Assets$11,386,628
Income$8,186,998
Contributions$30,600
Grants given$200,000
Average grant$100,000
Stocks and bonds$4,531,110
People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
DOUG LOONPRESIDENT/CEO · 36 hrs/week $623,579Base $573,300 · Other $50,279
LAURA BORDELONSR. VICE PRESIDENT · 38 hrs/week $339,524Base $298,243 · Other $41,281
ANNETTE KOJETINVICE PRESIDENT/CFO · 35 hrs/week $222,552Base $187,484 · Other $35,068
JENNIFER BYERSEXEC DIR MN CHAMBER FDN · 35 hrs/week $201,575Base $187,424 · Other $14,151
BENTLEY GRAVESDIRECTOR · 40 hrs/week $196,201Base $175,602 · Other $20,599
ELIZABETH KADOUNVICE PRESIDENT · 40 hrs/week $194,692Base $166,867 · Other $27,825
JENNIFER MUNYERVICE PRESIDENT · 35 hrs/week $179,830Base $164,780 · Other $15,050
VICTORIA STUTEVICE PRESIDENT · 12 hrs/week $171,714Base $158,833 · Other $12,881

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (48)

DOUG LOONPRESIDENT/CEO

LAURA BORDELONSR. VICE PRESIDENT

ANNETTE KOJETINVICE PRESIDENT/CFO

JENNIFER BYERSEXEC DIR MN CHAMBER FDN

BENTLEY GRAVESDIRECTOR

ELIZABETH KADOUNVICE PRESIDENT

JENNIFER MUNYERVICE PRESIDENT

VICTORIA STUTEVICE PRESIDENT

MELISSA BRINKMANDIRECTOR

ROSS WIDMOYERDIRECTOR

MARY JO WILLIAMSONPAST CHAIR

MARY LOEFFELHOLZDIRECTOR

LORI DAVIESDIRECTOR

LINDA JOHNSONDIRECTOR

LESTER BAGLEYDIRECTOR

LESLIE DOCKANDIRECTOR

LAURA OBERSTDIRECTOR

MERCEDES JACKSONDIRECTOR

ROBIN ANTHONY-EVENSONDIRECTOR

KENDALL GRIFFITHDIRECTOR

RYAN KESSLERDIRECTOR

SANDY KARNOWSKIDIRECTOR

STACIE HOLDENDIRECTOR

STEVE ROSENAUDIRECTOR

TODD PAULSONDIRECTOR

TOM RADOVICHDIRECTOR

WENDY UNGLAUBDIRECTOR

WILL HALEDIRECTOR

ERIC BLACKDIRECTOR

AMBER HOLMDIRECTOR

ANGELA HEIKESSECRETARY/TREASURER

ANTHONY WILLIAMSDIRECTOR

BART PRINSDIRECTOR

BEN THURINGERDIRECTOR

BILL KEEGANCHAIR-ELECT

BOB GARDNERDIRECTOR

BROOKE LEEDIRECTOR

CARLOS SEOANEDIRECTOR

KRISTY BARSEDIRECTOR

GEOFF BAKERDIRECTOR

HEIDI LARSONDIRECTOR

JACK DAGGETTDIRECTOR

JAKE REINTDIRECTOR

JILL BOLLETTIERICHAIR

KALYN HOVEDIRECTOR

KARI RIHMDIRECTOR

ALYZA BOHBOT JAMESDIRECTOR

KRISTI CARLSONDIRECTOR

About this charity

Recognized since
January 1944
Location
380 SAINT PETER ST STE 1050, SAINT PAUL, MN 55102-2436
County
Ramsey
In care of
DOUG LOON
Primary officer
DOUG LOON, PRESIDENT AND CEO

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
October 1, 2023
Return type
990
Tax preparer
CLIFTONLARSONALLEN LLP
NTEE classification
Labor Unions (J40)
IRS tax category
Labor Unions
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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