DULUTH AREA CHAMBER FOUNDATION

DULUTH, MN, 55802 (218) 722-5501 Est. 2022 EIN 88-2181306
S30 - Economic Development 990 - Public charity return 501(c)(3)

Mission

THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED FOR PURPOSES OF SUPPORTING THE WORK AND MISSION OF THE CHAMBER AND STRIVES TO IMPROVE ECONOMIC OPPORTUNITIES, EQUITY, AND IMPROVED QUALITY OF LIFE THROUGH RESEARCH, EDUCATION, ADVOCACY, PARTICIPATING IN CHARITABLE ACTIVITIES, AND SUPPORT OF INDIVIDUALS, BUSINESSES, ENTREPRENEURS, AND ECONOMIC TRANSACTORS.

Financials

Total Revenue
$116,120
Total Expenses
$128,995
Net Assets
$81,936
From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve
7.6 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 58.0%
Expenses ↑ 13.4%
Revenue Sources
Contributions 99.6% Investment 0.4%
Expense Breakdown
Program 86.0% Management 14.0%

Officers & Key Employees (3)

Individual compensation is available on Grow plans.

Grants Received (4)

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Filing History (4 filings)

YearRevenueExpensesNet Assets
2025 990 - Public charity return
Jan 1, 2025 to Dec 31, 2025
$116,120 ↓$128,995$81,936
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$276,396 ↑$113,775$94,811
2023 990-EZ - Short-form return
Jan 1, 2023 to Dec 31, 2023
$39,357 ↓$193,354$-67,810
2022 990-EZ - Short-form return
Jan 1, 2022 to Dec 31, 2022
$133,361 $47,174$86,187

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EIN: 88-2181306 · Source: IRS Form 990 e-file data