Public Charity

OWATONNA AREA CHAMBER FOUNDATION

OWATONNA AREA CHAMBER FOUNDATION is a Public Charity headquartered in OWATONNA, MN. Financial data from the 2024 filing: $407K revenue, $206K expenses, $821K total assets. 5 publicly reported grants to this organization, totaling roughly $85K, appear in IRS filings.

EIN: 363319497 OWATONNA, MN Latest filing: 2024
Total Revenue$407K
Total Expenses$206K
Total Assets$821K
Grant Records5
Funding Total$85K
Filing Years2020–2024

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.

Officers & Directors

TREASURER Andrew Cowell
SECRETARY Brad Meier
VICE CHAIR Deb Gillard
MEMBER Greg Krueger
MEMBER Julie M Rethemeier
MEMBER Mike Herman

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$50,000 1 grant
OWATONNA FORWARD COMMUNITY PROJECT
$24,671 1 grant
PROGRAMS
$10,000 1 grant
PUBLIC ASSISTANCE
$550 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $407K $206K $821K
2023 $374K $158K $619K
2022 $318K $109K $403K
2021 $450K $705K $195K
2020 $300K $186K $449K

Between 2020 and 2024, reported annual revenue grew from $300K to $407K (+36%), with total assets most recently reported at $821K.

Interactive year-over-year charts and full filing details available with membership.

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