Minnesota · Nonprofit
LAKEVILLE CHAMBER OF COMMERCE INC
LAKEVILLE CHAMBER OF COMMERCE INC (Minnesota) receives grants from 1 organization whose IRS filings report $41,797 to it, the largest being GREATER TWIN CITIES UNITED WAY ($41,797). 0 of them have funded it in more than one year.
- Revenue FY2024
- $851k
- Funders on record
- 1
- Grants received
- $42k
- Net assets
- $637k
What Lakeville Chamber of Commerce Inc does
Mission
The lakeville area chamber of commerce will serve as the advocate, resource and leader for its members and the business community by delivering networking and marketing opportunities, assisting economic development, providing member education and promoting tourism.
As stated on its FY2024 Form 990.
Programs
Provide community support and informational programs and events open to the public to stimulate interest in community business and awareness. Attended by approximately 7,000 annualy. The organization created a mail directory that went out to over 3,500 people.the company also created a business-to- business resource magazine that was mailed to approximately 2,000 businesses.
Host general membership seminars and meetings to keep member and interested citizens informed on local, state, and professional matters affecting the area. Approximately 800 people attend annually. Host networking events and marketing opportunities for members. Approximately 3,000 people attend annually.
Lakeville works - a program to address the skilled labor workforce shortage in lakeville. A group of donors have given the chamber the ability to partner with the school district and city to create exposure to students, parents, and educators about the opportunities in the trades here in lakeville. Donor dollars help to fund equipment donation, marketing, scholarships, website development, professional resources and more. Mission statement: to increase awareness of in-demand careers in our community.
Leadership lakeville - the purpose of leadership lakeville is to cultivate local skilled professionals who can drive our community and economic growth. These sessions enhance participants leadership qualities, foster collaboration, encourage innovation and drive effective decision-making. In accordance with our mission to be the advocate, resource and leader of the lakeville business community the lakeville chamber of commerce facilitates this program to help our employers nurture our local talent, invest in our future workforce and empower individuals to lead and contribute to the economic and social vitality of the lakeville community.
The 4 programs described on its FY2024 Form 990, listed largest first by expense.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $530k to $683k (+29%).
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.
Government-grant reliance: 2017 1% · 2018 1% · 2019 1% · 2020 34% · 2021 9% · 2022 7% · 2023 1%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
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.
Board chair
Brady Folkestad
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of LAKEVILLE CHAMBER OF COMMERCE INC’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 LAKEVILLE CHAMBER OF COMMERCE INC's grant income comes from Minnesota funders.
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.
Organizations like LAKEVILLE CHAMBER OF COMMERCE INC
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
Read directly from this organization’s own Form 990, as neutral context.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for LAKEVILLE CHAMBER OF COMMERCE INC: 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.
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 LAKEVILLE CHAMBER OF COMMERCE INC?
- LAKEVILLE CHAMBER OF COMMERCE INC (Minnesota) receives grants from 1 organization whose IRS filings report $41,797 to it, the largest being GREATER TWIN CITIES UNITED WAY ($41,797). 0 of them have funded it in more than one year.
- How many funders does LAKEVILLE CHAMBER OF COMMERCE INC have?
- IRS filings report 1 organization giving $41,797 in grants to LAKEVILLE CHAMBER OF COMMERCE INC.
- Who is the largest funder of LAKEVILLE CHAMBER OF COMMERCE INC?
- GREATER TWIN CITIES UNITED WAY is the largest funder on record, with $41,797 in grants. The full list of funders is on this page.
- How can an organization like LAKEVILLE CHAMBER OF COMMERCE INC 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 FY2024 (financials across 2017–2024), 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