DULUTH AREA CHAMBER OF COMMERCE

DULUTH, MN, 55802 (218) 722-5501 Est. 1970 EIN 41-0225910

990 - Public charity return 501(c)(6)

duluthchamber.com

Mission

PROMOTE ECONOMIC DEVELOPMENT AND BUSINESS RELATIONSHIPS IN THE DULUTH AREA.

Giving Portfolio

Total Grants

1

Total Giving

$128K

Recipients

1

Years Active

2022

Avg grant: $128,303 Median: $128,303

Sectors Funded

Community Improvement

1

Top States

Minnesota

1

Grantee Size Profile

$100K - $500K

1

Top Grantees

DULUTH AREA CHAMBER FOUNDATION

MN

$128K

Grants Awarded · 1 grants

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Financials

Total Revenue

$1,372,259

Total Expenses

$1,251,308

Net Assets

$783,115

12 employees

From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve

7.5 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 6.9%

Expenses ↓ 7.4%

Revenue Sources

Contributions 7.1% Earned revenue 65.9% Investment 0.9% Other 26.0%

Expense Breakdown

Officers & Trustees (29)

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Filing History (8 filings)

Year	Revenue	Expenses	Net Assets
2025 990 - Public charity return Jan 1, 2025 to Dec 31, 2025	$1,372,259 ↑	$1,251,308	$783,115
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$1,283,261 ↑	$1,351,677	$662,164
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$1,198,550 ↑	$1,203,422	$730,580
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$1,093,913 ↑	$1,193,244	$893,516
2021 990 - Public charity return Jan 1, 2021 to Dec 31, 2021	$1,040,213 ↓	$989,086	$992,847
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$1,199,187 ↑	$970,450	$941,720
2019 990 - Public charity return Jan 1, 2019 to Dec 31, 2019	$1,146,956 ↑	$1,175,567	$680,433
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$1,116,490	$1,436,505	$709,044