Minnesota · Nonprofit
OWATONNA AREA CHAMBER FOUNDATION
OWATONNA AREA CHAMBER FOUNDATION (Minnesota) receives grants from 6 organizations whose IRS filings report $200,521 to it, the largest being WENGER FOUNDATION ($100,000). 3 of them have funded it in more than one year.
- Revenue FY2024
- $407k
- Funders on record
- 6
- Grants received
- $201k
- Net assets
- $821k
What Owatonna Area Chamber Foundation does
Mission
To solicit, collect, receive, accumulate, administer and disburse funds in such a manner as will in the sole discretion of the board of directors, most effectively operate to further chartitable, scientific, literary or educational purposes, to make contributions to any organization described in 501(c)(3)of the internal revenue code,with the exception of organizations testing for public safety.
As stated on its FY2024 Form 990.
Programs
Beautify downtown owatonna.
$20,408 spent$15,066 earned by the program11% of program spendingCommunity leaders
$14,001 spent$19,865 earned by the program8% of program spendingPatriot skies
$25,478 spent$16,199 earned by the program14% of program spendingVarious other programs that support the organization's mission.
$123,199 spent67% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $183,086.
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 2017 to 2018, from $107k to $375k (+250%).
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.
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
Wayne Starman
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2018 → 2021: the base narrowed from 2 funders to 1 funder, grant income fell $95k → $300.
4 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 48% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of OWATONNA AREA CHAMBER FOUNDATION’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.
How concentrated its funding is
OWATONNA AREA CHAMBER FOUNDATION leans on a few funders — its largest provides 50% of grant income and the top three 92%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
48% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund OWATONNA AREA CHAMBER FOUNDATION.
Largest funder’s share by year: 2018 74% · 2019 98% · 2020 67% · 2021 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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 OWATONNA AREA CHAMBER FOUNDATION's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $96k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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 OWATONNA AREA CHAMBER FOUNDATION
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.
Where the money goes
89% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for OWATONNA AREA CHAMBER FOUNDATION: 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 OWATONNA AREA CHAMBER FOUNDATION?
- OWATONNA AREA CHAMBER FOUNDATION (Minnesota) receives grants from 6 organizations whose IRS filings report $200,521 to it, the largest being WENGER FOUNDATION ($100,000). 3 of them have funded it in more than one year.
- How many funders does OWATONNA AREA CHAMBER FOUNDATION have?
- IRS filings report 6 organizations giving $200,521 in grants to OWATONNA AREA CHAMBER FOUNDATION, 3 of which have funded it in more than one year.
- Who is the largest funder of OWATONNA AREA CHAMBER FOUNDATION?
- WENGER FOUNDATION is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
- How can an organization like OWATONNA AREA CHAMBER FOUNDATION 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.
Play a game about who funds Owatonna Area Chamber →
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 6 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