philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Chamber Foundation FY2024 filing

Tax-deductible

Fargo, ND501(c)(3)Community Development EIN 81-5479845Revenue $2.7M in FY2024Latest return filed Aug 18, 2025

On file with the IRSfmwfchamber.com/chamber-foundation3312 42nd St, 58104-7084 · Fargo, NDTax-exempt since Apr 2018Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The Chamber Foundation provides diverse strategies to enhance the fargo moorhead west fargo region through the education, retention, expansion and attraction of the workforce population, while taking actions to cultivate a positive business climate to climate to improve the quality of life for area residents.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $52K a year · 3% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.0M
73% of total assets
Worth a look: liabilities are 73% of assets; over 65%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.7M
+90% vs prior year
Spent
$2.9M
To programs
82%
Net assets
$381K
By yearFY2022–FY2024
Revenue
$2.7M
FY2024▲ +90%
Tap a bar for its year
Revenue by fiscal year
FY2022$540K
FY2023$1.4M
FY2024$2.7M
FY2024$870K
Expenses
$2.9M
FY2024▲ +145%
Tap a bar for its year
Expenses by fiscal year
FY2022$458K
FY2023$1.2M
FY2024$2.9M
FY2024$961K
Net assets
$381K
FY2024▼ -32%
Tap a bar for its year
Net assets by fiscal year
FY2022$307K
FY2023$557K
FY2024$381K
FY2024$289K

From the FY2024 Form 990 (year ending August 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $2.4M Management & general 18% · $514K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Tami Norgard
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Shannon Full
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Kristi Huber
Director
$0Pt VII · Sec A
Jenna Mueller
Executive Director
$0Pt VII · Sec A
Nicole Meland
VP of Finance & Operations
$0Pt VII · Sec A
See Chamber Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Enhances regional quality of life by growing the workforce and fostering a positive business climate.

Questions for Chamber Foundation

Tap to ask. Chamber Foundation sees how many people are interested.

Your first name shows with your question. Chamber Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $2.4M · in their own filed words · FY2023
01

The chamber foundation's ignite initiative is our region's driving force in building a resilient and inclusive workforce. Attracting exceptional talent, fostering seamless acclimation, nurturing continuous development and ensuring steadfast retention are the pillars that lead to workforce growth and prosperity.

$2.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Columbia Basin FoundationFY2023$50K
Total grants receivedfrom 1 funder$50K
Grants paid · 11 grants · $768K · 2022–2024
Emerging PrairieND · FY2024$63,933
North Dakota State College of ScienceND · FY2024$35,671
Grand Farm Research and Education Initiative INCND · FY2024$17,811
Folkways Community Development CorporationFY2023$206,216
Emerging PrairieND · FY2023$147,647
University of MaryND · FY2023$89,980
Grand Farm Research and Education Initiative INCND · FY2023$60,496
Folkways Community Development CorporationFY2022$63,739
Emerging PrairieND · FY2022$50,086
Grand Farm Research and Education Initiative INCND · FY2022$26,156
Minnesota State Colleges and UniversitiesFY2022$6,000

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$2.7M
Ln 12
Gifts and grantsLn 1h$2.7M
Investment incomeLn 3$2K
Money outPt IX
$2.9M
Ln 25
Programscol B$2.4M
Managementcol C$514K
Owns and owesPt X
$381K
net assets · Ln 32
Cash and savingsLn 1–2$427K
Total assetsLn 16$1.4M
LiabilitiesLn 26$1.0M
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.7M
Government grantsLn 1e$2.2M
Investment incomeLn 3$2K
Total revenueLn 12$2.7M
Assets in detailPt X, end of year
CashLn 1$69K
SavingsLn 2$358K
Cash and savings togetherLn 1–2$427K
Other assetsLn 15$248K
Total assetsLn 16$1.4M
LiabilitiesLn 26$1.0M
Net assetsLn 32$381K
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$634K$427K
Total assetsLn 16$639K$1.4M
LiabilitiesLn 26$82K$1.0M
Net assetsLn 32$557K$381K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$616K$616K
Legal feesLn 11b$1K$1K$145
Accounting feesLn 11c$46K$46K
Advertising and promotionLn 12$207K$202K$5K
Information technologyLn 14$585K$342K$243K
TravelLn 17$23K$23K
InsuranceLn 23$135$135
Other expenses (24a–d)Ln 24$1.3M$1.1M$209K
All other expensesLn 24e$103K$93K$10K
Total functional expensesLn 25$2.9M$2.4M$514K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 ViewingFiled with the IRS Jul 15, 2025 $2.7M$2.9M−$176K$381K 990 PDF
FY2023Filed with the IRS Jul 12, 2024 $1.4M$1.2M$250K$557K 990 PDF
FY2022Filed with the IRS Jan 18, 2023 $540K$458K$82K$307K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $2,732,941 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,436,369$2,731,431
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $1,142$1,510
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,437,511$2,732,941
I-13 Grants and similar amounts paidPrior year $164,931$616,137
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,022,783$2,292,992
I-18 Total expensesPrior year $1,187,714$2,909,129
I-19 Revenue less expensesPrior year $249,797−$176,188
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,732,941 across 5 lines filed
VIII-1e Government grants$2,226,628
VIII-1f All other contributions, gifts and grants$504,803
VIII-1h Total contributions, gifts and grants$2,731,431
VIII-3 Investment incomeExcluded from tax $1,510$1,510
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,510$2,732,941
Part IX · Statement of functional expenses $2,909,129 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $616,137$616,137
IX-11b Legal feesPrograms $1,175 · Management $145$1,320
IX-11c Accounting feesManagement $45,856$45,856
IX-12 Advertising and promotionPrograms $202,189 · Management $4,831$207,020
IX-14 Information technologyPrograms $341,642 · Management $243,300$584,942
IX-17 TravelPrograms $23,076$23,076
IX-23 InsuranceManagement $135$135
IX-24 Other expenses (24a–d)Programs $1,117,963 · Management $209,387$1,327,350
IX-24e All other expensesPrograms $93,157 · Management $10,136$103,293
IX-25 Total functional expensesPrograms $2,395,339 · Management $513,790 · Fundraising $0$2,909,129
Part X · Balance sheet $1,405,410 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $567,506$69,063
X-2 Savings and temporary cash investmentsStart of year $66,364$358,198
X-3 Pledges and grants receivableStart of year $5,293$729,964
X-15 Other assetsStart of year $0$248,185
X-16 Total assetsStart of year $639,163$1,405,410
X-17 Accounts payable and accrued expenses$135,273
X-18 Grants payable$204,251
X-25 Other liabilitiesStart of year $82,398$685,309
X-26 Total liabilitiesStart of year $82,398$1,024,833
X-27 Net assets without donor restrictionsStart of year $556,765$380,577
X-32 Total net assets or fund balancesStart of year $556,765$380,577
X-33 Total liabilities and net assetsStart of year $639,163$1,405,410
Part XI · Reconciliation of net assets $380,577 net assets at year end
XI-1 Total revenue$2,732,941
XI-2 Total expenses$2,909,129
XI-3 Revenue less expenses−$176,188
XI-4 Net assets at start of year$556,765
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$380,577

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.