CSCharityScored
54

Fairmont Area Chamber Of Commerce

Other · Fairmont, Minnesota

Po Box 826, Fairmont, MN 56031-0826

EIN: 410801613· Founded: Oct 1975· 51 years active· Filing Year: 2023

Annual Revenue

$310K

Total Expenses

$284K

Total Assets

$302K

Program Spending

53%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$65K

22.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$25K

Total Payroll

$90K

32% of total expenses

Where the Money Goes

53%
Programs: 53%
Payroll: 32%
Other overhead: 47%
Program Revenue$151K (49%)
Total Expenses$284K (92%)
Payroll$90K (32%)
Overhead (non-program)47%

Trust Score Breakdown

Program Spending Ratio

53% of expenses go to programs

40%

Revenue & Stability

$310K annual revenue

15%

Executive Compensation

$65K total officer comp (22.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$302K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.