NonprofitsNew Ulm Chamber Of Commerce

New Ulm Chamber Of Commerce

NEW ULM, MN

Total revenue

$644K

Total expenses

$544K

Net assets

$887K

Grants received

EIN

410632848

Tax year

2024

Mission

To promote commerce within the city of new ulm and surrounding area

Programs

13 programs

Home show- this event brings in 3,000 people to the area to see the products and services of area businesses which is important for continued retail growth, had 80 vendors in two arenas.

Expenses: $10K

Oktoberfest- this festival brought in over 5,000 people to new ulm, which helps our local businesses including hotels, shops, and restaurants. This event helps support our chamber activities and educational programs.

Expenses: $29K

Economic development/retail targets declining new ulm retail base, especially downtown. Attention is focused on retail retention and recruitment. Chamber dollars are an effort to keep dollars "at home"- certificates for dollars to be spent at participating chamber businesses.

Expenses: $7K

Business action team

Expenses: $738

Willkommen

Expenses: $1K

Christmas

Expenses: $17K

Events: annual meeting, women's event & industry of the year. These events celebrate local businesses, recognize women- over 300 attended to promote individual growth and networking, honor success and business accomplishments.

Expenses: $9K

Crazy days, bavarian blast, farmers market, other festivals, & nonchamber events, such as sand volleyball, bring thousands of people to new ulm.

Expenses: $68K

Network new ulm

Expenses: $17K

Special projects

Expenses: $6K

Narren- they are a masked characters who give life and color to communities throughout the world. There were 39 members during 2024.

Expenses: $13K

Leadercast- one day leadership training over 50 people attended

Expenses: $3K

Setting the pace- retreat initiatives

Expenses: $2K

Financials

FY 2024

Revenue

Contributions & grants$215K
Program service revenue$377K
Investment income$45K
Other revenue$6K
Total revenue$644K

Expenses

Grants paid
Salaries & benefits$215K
Fundraising
Other expenses$329K
Total expenses$544K
Total assets$1.3M
Net assets$887K

People

14 listed

NameRoleCompensation

SARAH WARMKA

CEO

Board

$75K

40 hrs/wk

BRIE TARALSON

VICE CHAIR

Board

1 hrs/wk

KRISTINE RUECKERT

TREASURER

Board

2 hrs/wk

ANDY LILLEODDEN

PAST CHAIR

Board

1 hrs/wk

TIM GULDAN

DIRECTOR

Board

1 hrs/wk

ARON BODE

DIRECTOR

Board

1 hrs/wk

RANDY HOREJSI

DIRECTOR

Board

1 hrs/wk

DANIELLE FISCHER MARTI

CHAIRPERSON

Board

3 hrs/wk

LINDSAY HENNDR DANNY HAWKINS

DIRECTOR

Board

1 hrs/wk

BRITTNEY SCHMIESING

DIRECTOR

Board

1 hrs/wk

CURT VAN ASTEN

DIRECTOR

Board

1 hrs/wk

KATIE NOSBUSH

DIRECTOR

Board

1 hrs/wk

JAKE BREKKELISA REINARTS

DIRECTOR

Board

1 hrs/wk

RICK KAMM

DIRECTOR

Board

1 hrs/wk

Details

EIN410632848
Subsection06
Ruling date1945-10
Formed1944
Employees5
Volunteers100
NEW ULM CHAMBER OF COMMERCE — Mission, Financials & Grants Received | Grantivo