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Minnesota · Nonprofit

OWATONNA AREA CHAMBER OF COMMERCE AND TOURISM

OWATONNA AREA CHAMBER OF COMMERCE AND TOURISM (Minnesota) receives grants from 2 organizations whose IRS filings report $102,550 to it, the largest being GREATER TWIN CITIES UNITED WAY ($74,000). 2 of them have funded it in more than one year.

Revenue FY2024
$998k
Funders on record
2
Grants received
$103k
Net assets
$1.1M
2/2 repeat funderspeak grant-dependency 1%
01What it does

What Owatonna Area Chamber of Commerce and Tourism does

Mission

To produce continuing business development and to provide services for the community.

As stated on its FY2024 Form 990.

Programs

  1. To provide services to businesses and individuals in the community.

    $514,702 spent$693,770 earned by the program
    62% of program spending
  2. To provide enhancement of tourism to the area.

    $320,587 spent$304,523 earned by the program
    38% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $835,289.

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 ($728k) Expenses 100 ($674k) Net assets 100 ($504k)2018 Revenue 98 ($714k) Expenses 104 ($700k) Net assets 103 ($518k)2019 Revenue 96 ($702k) Expenses 113 ($762k) Net assets 91 ($458k)2020 Revenue 86 ($628k) Expenses 92 ($623k) Net assets 92 ($463k)2021 Revenue 110 ($800k) Expenses 105 ($706k) Net assets 111 ($557k)2022 Revenue 113 ($826k) Expenses 123 ($830k) Net assets 110 ($553k)2023 Revenue 216 ($1.6M) Expenses 144 ($970k) Net assets 230 ($1.2M)2024 Revenue 137 ($998k) Expenses 154 ($1.0M) Net assets 222 ($1.1M)
'17'18'19'20'21'22'23'24
Revenue (137)Expenses (154)Net assets (222)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $922k to $1.5M (+60%).

$757k
$779k
$738k
$791k
$915k
$922k
$1.5M
$1.5M
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 14%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$54k
’17
$14k
’18
−$60k
’19
$5k
’20
$94k
’21
−$4k
’22
$604k
’23
−$38k
’24
7.5
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.

Chief executive

Brad Meier

CEO

Board chair

Syd Briggs

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1515171817191718
Joined·+5+5+4+4+4+2+3
No longer listed·5335242
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income rose $6k → $23k.

Funder
'18
'23
'24*
'25*
total
$29k
funders
1
1
1
1

From the IRS filings of OWATONNA AREA CHAMBER OF COMMERCE AND TOURISM’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 OF COMMERCE AND TOURISM leans on a few funders — its largest provides 72% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% 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 OF COMMERCE AND TOURISM.

72%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2023 100% — broadly stable.

“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 OF COMMERCE AND TOURISM's grant income comes from Minnesota funders.

MN

In-state vs out-of-state, by year

’18
’23
Minnesota out of state home

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 OWATONNA AREA CHAMBER OF COMMERCE AND TOURISM

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

81% of spending goes to programs.

Program 81%Management 18%Fundraising 1%

Governance

17
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 OWATONNA AREA CHAMBER OF COMMERCE AND TOURISM: 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.

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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 OF COMMERCE AND TOURISM?
OWATONNA AREA CHAMBER OF COMMERCE AND TOURISM (Minnesota) receives grants from 2 organizations whose IRS filings report $102,550 to it, the largest being GREATER TWIN CITIES UNITED WAY ($74,000). 2 of them have funded it in more than one year.
How many funders does OWATONNA AREA CHAMBER OF COMMERCE AND TOURISM have?
IRS filings report 2 organizations giving $102,550 in grants to OWATONNA AREA CHAMBER OF COMMERCE AND TOURISM, 2 of which have funded it in more than one year.
Who is the largest funder of OWATONNA AREA CHAMBER OF COMMERCE AND TOURISM?
GREATER TWIN CITIES UNITED WAY is the largest funder on record, with $74,000 in grants. The full list of funders is on this page.
How can an organization like OWATONNA AREA CHAMBER OF COMMERCE AND TOURISM 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 of Commerce and Tourism →

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 2 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