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Hermantown Chamber Of Commerce
Community Development · Hermantown, Minnesota
5094 Miller Trunk Hwy Ste 600, Hermantown, MN 55811-1643
EIN: 411782426· Founded: Mar 2000· 26 years active· Filing Year: 2023
Annual Revenue
$208K
Total Expenses
$216K
Total Assets
$62K
Program Spending
79%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$68K
31.5% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$33K
Total Payroll
$101K
47% of total expenses
Where the Money Goes
79%
Programs: 79%
Payroll: 47%
Other overhead: 21%
Program Revenue$171K (82%)
Total Expenses$216K (100%)
Payroll$101K (47%)
Overhead (non-program)21%
Trust Score Breakdown
Program Spending Ratio
79% of expenses go to programs
Revenue & Stability
$208K annual revenue
Executive Compensation
$68K total officer comp (31.5% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$62K 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.