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Fairmont Area Chamber Of Commerce

  • Fairmont, MN
  • Tax-exempt since Oct. 1975
  • EIN: 41-0801613

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2024 tax filing, this nonprofit:

Operated a donor-advised fund
Organization maintained a donor-advised fund or similar account through which donors could direct the distribution or investment of funds. Details are reported on Schedule D.

Summary charts: organization finances over time

Revenue
$268k (2024)

Expenses
$244k (2024)

Total Assets
$315k (2024)

Total Liabilities
$61.1k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$268,013
Expenses
$243,971
Net Income
$24,042
Net Assets
$253,808
Notable Sources of Revenue Percent of Total Revenue
Contributions $136,303
50.9%
Program Services $131,184
48.9%
Investment Income $526
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $70,283
28.8%
Professional Fundraising Fees $0
Other Salaries and Wages $29,966
12.3%
Assets/Debt
Total Assets $314,898
Total Liabilities $61,090
Net Assets $253,808
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Kandi Menne (President) $70,283 $0 $0
Yvonne Cone (Board Chair) $0 $0 $0
Joe Loughmiller (Vice Chair) $0 $0 $0
Aaron Speltz (Treasurer) $0 $0 $0
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Document Links

990
Filed on May 15, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$309,547
Expenses
$284,014
Net Income
$25,533
Net Assets
$229,766
Notable Sources of Revenue Percent of Total Revenue
Contributions $157,616
50.9%
Program Services $151,409
48.9%
Investment Income $522
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $64,884
22.8%
Professional Fundraising Fees $0
Other Salaries and Wages $24,978
8.8%
Assets/Debt
Total Assets $301,586
Total Liabilities $71,820
Net Assets $229,766
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Kandi Menne (President) $64,884 $0 $0
Aaron Speltz (Treasurer) $0 $0 $0
Joe Evans (Vice Chair) $0 $0 $0
Keith Hoye (Chair) $0 $0 $0
+ View more people

Document Links

990
Filed on May 10, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$328,465
Expenses
$273,659
Net Income
$54,806
Net Assets
$204,233
Notable Sources of Revenue Percent of Total Revenue
Contributions $159,209
48.5%
Program Services $168,901
51.4%
Investment Income $355
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $75,906
27.7%
Professional Fundraising Fees $0
Other Salaries and Wages $11,235
4.1%
Assets/Debt
Total Assets $301,016
Total Liabilities $96,783
Net Assets $204,233
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Ned Koppen (Past Preside) $53,274 $0 $0
Kandi Menne (President) $22,632 $0 $0
Aaron Speltz (Treasurer) $0 $0 $0
Joe Evans (Vice Chair) $0 $0 $0
Deann Eversman (Past Chair) $0 $0 $0
Keith Hoye (Chair) $0 $0 $0
+ View more people

Document Links

990
Filed on March 21, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$333,743
Expenses
$285,878
Net Income
$47,865
Net Assets
$149,427
Notable Sources of Revenue Percent of Total Revenue
Contributions $132,374
39.7%
Program Services $201,190
60.3%
Investment Income $179
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $57,515
20.1%
Professional Fundraising Fees $0
Other Salaries and Wages $52,329
18.3%
Assets/Debt
Total Assets $267,116
Total Liabilities $117,689
Net Assets $149,427
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Ned Koppen (President) $65,700 $0 $0
Deb Barnes (Past Chair) $0 $0 $0
Joe Evans (Treasurer) $0 $0 $0
Deann Eversman (Chair) $0 $0 $0
Keith Hoye (Vice Chair) $0 $0 $0
+ View more people

Document Links

990
Filed on May 17, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$223,562
Expenses
$233,561
Net Income
-$9,999
Net Assets
$101,562
Notable Sources of Revenue Percent of Total Revenue
Contributions $121,604
54.4%
Program Services $101,266
45.3%
Investment Income $692
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $57,515
24.6%
Professional Fundraising Fees $0
Other Salaries and Wages $41,362
17.7%
Assets/Debt
Total Assets $224,934
Total Liabilities $123,372
Net Assets $101,562
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Ned Koppen (President) $57,515 $0 $0
Deb Barnes (Chair) $0 $0 $0
Deann Eversman (Vice Chair) $0 $0 $0
Keith Hoye (Treasurer) $0 $0 $0
Sara Pierce (Past Chair) $0 $0 $0
+ View more people

Document Links

990
Filed on June 11, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$275,082
Expenses
$290,371
Net Income
-$15,289
Net Assets
$111,561
Notable Sources of Revenue Percent of Total Revenue
Contributions $157,927
57.4%
Program Services $116,554
42.4%
Investment Income $1,164
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$563
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $65,372
22.5%
Professional Fundraising Fees $0
Other Salaries and Wages $79,055
27.2%
Assets/Debt
Total Assets $226,514
Total Liabilities $114,953
Net Assets $111,561
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Ned Koppen (President) $65,372 $0 $0
Deb Barnes (Vice Chair) $0 $0 $0
Stephanie Busiahn (Director) $0 $0 $0
Steve Pomerenke (Director) $0 $0 $0
Les Anderson (Past Chair) $0 $0 $0
Deann Eversman (Treasurer) $0 $0 $0
Sara Pierce (Chair) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 2, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$290,599
Expenses
$293,313
Net Income
-$2,714
Net Assets
$126,850
Notable Sources of Revenue Percent of Total Revenue
Contributions $159,520
54.9%
Program Services $126,924
43.7%
Investment Income $1,331
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $2,824
1.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $23,269
7.9%
Professional Fundraising Fees $0
Other Salaries and Wages $89,755
30.6%
Assets/Debt
Total Assets $199,562
Total Liabilities $72,712
Net Assets $126,850
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Ned Koppen (President) $23,269 $0 $0
Tom Lytle (Treasurer) $0 $0 $0
Mandi Kosbob (Director) $0 $0 $0
Stephanie Busiahn (Director) $0 $0 $0
Deb Barnes (Director) $0 $0 $0
Zephanie Cole (Director) $0 $0 $0
Dave Cone (Director) $0 $0 $0
Brandon Edmundson (Director) $0 $0 $0
Luke Long (Director) $0 $0 $0
Steve Pomerenke (Director) $0 $0 $0
Ann Terfehr (Director) $0 $0 $0
Kerry Nagel Allen (Past Chair) $0 $0 $0
Sara Pierce (Vice Chair) $0 $0 $0
Les Anderson (Chair) $0 $0 $0
+ View more people

Document Links

990
Filed on April 2, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$282,692
Expenses
$278,199
Net Income
$4,493
Net Assets
$129,564
Notable Sources of Revenue Percent of Total Revenue
Contributions $146,134
51.7%
Program Services $94,712
33.5%
Investment Income $1,043
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $40,803
14.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $55,000
19.8%
Professional Fundraising Fees $0
Other Salaries and Wages $91,140
32.8%
Assets/Debt
Total Assets $198,315
Total Liabilities $68,751
Net Assets $129,564
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Margaret Dillard (President) $55,000 $0 $0
Tom Lytle (Treasurer) $0 $0 $0
Mandi Kosbob (Director) $0 $0 $0
Stephanie Busiahn (Director) $0 $0 $0
Deb Barnes (Director) $0 $0 $0
Zephanie Cole (Director) $0 $0 $0
Dave Cone (Director) $0 $0 $0
Brandon Edmundson (Director) $0 $0 $0
Luke Long (Director) $0 $0 $0
Steve Pomerenke (Director) $0 $0 $0
Ann Terfehr (Director) $0 $0 $0
Kerry Nagel Allen (Past Chair) $0 $0 $0
Sara Pierce (Vice Chair) $0 $0 $0
Les Anderson (Chair) $0 $0 $0
+ View more people

Document Links

990
Filed on April 2, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
View Filing (2 of 2) PDF (2 of 2)

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$246,045
Expenses
$252,917
Net Income
-$6,872
Net Assets
$125,071
Notable Sources of Revenue Percent of Total Revenue
Contributions $146,039
59.4%
Program Services $86,350
35.1%
Investment Income $1,261
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $12,395
5.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $104,841
41.5%
Professional Fundraising Fees $0
Other Salaries and Wages $30,292
12.0%
Assets/Debt
Total Assets $213,074
Total Liabilities $88,003
Net Assets $125,071
Compensation
Key Employees and Officers Compensation Related Other
Margaret Dillard (President) $59,200 $0 $0
Stephanie Busiahn (Director) $45,641 $0 $0
Sara Cyphers (Treasurer) $0 $0 $0
Rich Johnson (Director) $0 $0 $0
Chris Carstensen (Director) $0 $0 $0
Bonnie Vetter (Director) $0 $0 $0
Doug Hoffman (Chair) $0 $0 $0
Joe Melsha (Director) $0 $0 $0
Ron Kopiscke (Vice Chair) $0 $0 $0
Mae Dewar Aust (Director) $0 $0 $0
Kerri Henderson (Director) $0 $0 $0
Ryan Nicholson (Director) $0 $0 $0
Jeff Schlomann (Past Chair) $0 $0 $0
+ View more people

Document Links

990
Filed on May 15, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$264,469
Expenses
$248,797
Net Income
$15,672
Net Assets
$131,943
Notable Sources of Revenue Percent of Total Revenue
Contributions $144,377
54.6%
Program Services $104,224
39.4%
Investment Income $1,050
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $14,818
5.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $59,175
23.8%
Professional Fundraising Fees $0
Other Salaries and Wages $57,518
23.1%
Assets/Debt
Total Assets $209,748
Total Liabilities $77,805
Net Assets $131,943
Compensation
Key Employees and Officers Compensation Related Other
Margaret Dillard (President) $59,175 $0 $0
Sara Cyphers (Treasurer) $0 $0 $0
Rich Johnson (Director) $0 $0 $0
Chris Carstensen (Director) $0 $0 $0
Bonnie Vetter (Director) $0 $0 $0
Doug Hoffman (Chair) $0 $0 $0
Joe Melsha (Director) $0 $0 $0
Ron Kopiscke (Vice Chair) $0 $0 $0
Mae Dewar Aust (Director) $0 $0 $0
Stephanie Busiahn (Director) $0 $0 $0
Kerri Henderson (Director) $0 $0 $0
Ryan Nicholson (Director) $0 $0 $0
Jeff Schlomann (Past Chair) $0 $0 $0
+ View more people

Document Links

990
Filed on May 12, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$260,855
Expenses
$263,133
Net Income
-$2,278
Net Assets
$116,271
Notable Sources of Revenue Percent of Total Revenue
Contributions $143,845
55.1%
Program Services $103,927
39.8%
Investment Income $1,058
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $12,025
4.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $55,000
20.9%
Professional Fundraising Fees $0
Other Salaries and Wages $79,892
30.4%
Assets/Debt
Total Assets $194,030
Total Liabilities $77,759
Net Assets $116,271
Compensation
Key Employees and Officers Compensation Related Other
Margaret Dillard (President) $55,000 $0 $0
Sara Cyphers (Treasurer) $0 $0 $0
Rich Johnson (Director) $0 $0 $0
Chris Carstensen (Director) $0 $0 $0
Bonnie Vetter (Director) $0 $0 $0
Doug Hoffman (Chair) $0 $0 $0
Joe Melsha (Director) $0 $0 $0
Ron Kopiscke (Vice Chair) $0 $0 $0
Mae Dewar Aust (Director) $0 $0 $0
Stephanie Busiahn (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 5, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$276,967
Expenses
$270,231
Net Income
$6,736
Net Assets
$118,549
Notable Sources of Revenue Percent of Total Revenue
Contributions $141,149
51.0%
Program Services $123,926
44.7%
Investment Income $1,113
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $10,779
3.9%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $54,000
20.0%
Professional Fundraising Fees $0
Other Salaries and Wages $63,618
23.5%
Assets/Debt
Total Assets $237,721
Total Liabilities $119,172
Net Assets $118,549

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$280,380
Expenses
$241,284
Net Income
$39,096
Net Assets
$111,813
Notable Sources of Revenue Percent of Total Revenue
Contributions $181,613
64.8%
Program Services $87,159
31.1%
Investment Income $1,567
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $10,041
3.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $53,862
22.3%
Professional Fundraising Fees $0
Other Salaries and Wages $66,008
27.4%
Assets/Debt
Total Assets $213,099
Total Liabilities $101,286
Net Assets $111,813

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$238,693
Expenses
$230,044
Net Income
$8,649
Net Assets
$72,717
Notable Sources of Revenue Percent of Total Revenue
Contributions $140,864
59.0%
Program Services $83,153
34.8%
Investment Income $2,040
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $12,636
5.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $59,500
25.9%
Professional Fundraising Fees $0
Other Salaries and Wages $57,462
25.0%
Assets/Debt
Total Assets $200,986
Total Liabilities $128,269
Net Assets $72,717

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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