Cannon Falls Area Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 411360824
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990-EZ 2025
- Location
- Cannon Falls, MN, USA
- Phone
- 5072632289
- Rating
- 46
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $80,457
- Expenses
- $65,999
- Assets
- $68,959
- Liabilities
- $28,944
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- ANDREW ALTHOFF (President)
People named in this filing
- JEFF SAMPSON (BOARD MEMBER)
- MAGGIE WILSON (Director)
- JAMI REINHARDT (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promoting the community and businesses.
What it reported doing in 2025
Beautification project - this is an annual community project where community businesses and residents work together to enhance the appearance of the community. This promotes community pride and tourism.
Operating model
- Revenue model
- Membership-supported. 64% of the money available for current operations came from membership dues.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 1
- Transparency & Controls: 100
- Sustainability: 49
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0.6%; rating input score 1
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 18%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 1.04; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.42; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 37.8%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: -7% per year; rating input score 0; 32nd percentile among comparable filings
- Revenue growth: 1.5% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 8.3% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 0.6% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 1/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.