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Minnesota · Nonprofit

Faribault Chamber of Commerce

Faribault Chamber of Commerce (Minnesota) receives grants from 1 organization whose IRS filings report $79,105 to it, the largest being GREATER TWIN CITIES UNITED WAY ($79,105). 1 of them have funded it in more than one year.

Revenue FY2025
$536k
Funders on record
1
Grants received
$79k
Net assets
$121k
1/1 repeat funders
01What it does

What Faribault Chamber of Commerce does

Mission

To promote the Faribault area to tourists and potential businesses and to bring local business owners together.

As stated on its FY2025 Form 990.

Program

  1. The Chamber initiatives are guided by member committees. In each committee the members set the priorities and establish goals in keeping with the overall mission of the Chamber as defined by the Board of Directors. The tourism committee enhances the local economy by attracting visitors through multimedia promotions, conventions, travel shows and publications. The Chamber holds events to bring together members for networking, recognition, and enjoyment. A member task force plans, executes, and evaluates each event. Members can join tasks forces to plan the chamber business expo, Taste of Faribault, golf outing, annual gala, or business awards luncheon.

    $509,483 spent$214,786 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $509,483.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($631k) Expenses 100 ($641k) Net assets 100 ($526k)2018 Revenue 90 ($568k) Expenses 97 ($620k) Net assets 90 ($474k)2019 Revenue 83 ($526k) Expenses 91 ($580k) Net assets 80 ($420k)2020 Revenue 76 ($482k) Expenses 88 ($562k) Net assets 64 ($339k)2021 Revenue 88 ($555k) Expenses 84 ($539k) Net assets 68 ($356k)2022 Revenue 96 ($603k) Expenses 96 ($617k) Net assets 65 ($342k)2023 Revenue 143 ($901k) Expenses 154 ($989k) Net assets 45 ($238k)2024 Revenue 95 ($597k) Expenses 99 ($634k) Net assets 38 ($201k)2025 Revenue 85 ($536k) Expenses 96 ($617k) Net assets 23 ($121k)
'17'18'19'20'21'22'23'24'25
Revenue (85)Expenses (96)Net assets (23)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $601k to $395k (−34%).

$622k
$491k
$450k
$400k
$392k
$481k
$601k
$395k
$297k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 5% · 2021 6% · 2022 1% · 2023 50%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 9 reported years ran a deficit.

−$10k
’17
−$52k
’18
−$55k
’19
−$81k
’20
$17k
’21
−$14k
’22
−$87k
’23
−$36k
’24
−$81k
’25
0.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed14161313131415911
Joined·+6+4+6+0+5+4+5+4
No longer listed·476043112
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
'25*
total
funders
1
1

From the IRS filings of Faribault Chamber of Commerce’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Faribault Chamber of Commerce's grant income comes from Minnesota funders.

MN

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like Faribault Chamber of Commerce

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

79% of spending goes to programs.

Program 79%Management 20%Fundraising 0%

Governance

11
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for Faribault Chamber of Commerce: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Faribault Chamber of Commerce?
Faribault Chamber of Commerce (Minnesota) receives grants from 1 organization whose IRS filings report $79,105 to it, the largest being GREATER TWIN CITIES UNITED WAY ($79,105). 1 of them have funded it in more than one year.
How many funders does Faribault Chamber of Commerce have?
IRS filings report 1 organization giving $79,105 in grants to Faribault Chamber of Commerce, 1 of which have funded it in more than one year.
Who is the largest funder of Faribault Chamber of Commerce?
GREATER TWIN CITIES UNITED WAY is the largest funder on record, with $79,105 in grants. The full list of funders is on this page.
How can an organization like Faribault Chamber of Commerce find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing