42
Chap Corporation
Community Development · Hutchinson, Minnesota
76 N High Dr Ne, Hutchinson, MN 55350-6201
EIN: 411717283· Founded: Mar 1993· 33 years active· Filing Year: 2023
Annual Revenue
$38K
Total Expenses
$65K
Total Assets
$466K
Program Spending
40%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$12K
18.6% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
Not reported
Total Payroll
$12K
19% of total expenses
Where the Money Goes
40%
Programs: 40%
Payroll: 19%
Other overhead: 60%
Program Revenue$26K (67%)
Total Expenses$65K (100%)
Payroll$12K (19%)
Overhead (non-program)60%
Trust Score Breakdown
Program Spending Ratio
40% of expenses go to programs
Revenue & Stability
$38K annual revenue
Executive Compensation
$12K total officer comp (18.6% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$466K in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.