Nisswa Chamber of Commerce Inc
Nonprofit profile at a glance
- EIN
- 410901094
- IRS 990 coverage
- 2014–2025
- Forms available
- Form 990 2025, Form 990-EZ 2013
- Location
- Nisswa, MN, USA
- Phone
- 2189632620
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $310,019
- Expenses
- $326,193
- Assets
- $136,281
- Liabilities
- $4,401
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- KALIE VANVICKLE (PRESIDENT)
Highest reported compensation
- KALIE VANVICKLE (PRESIDENT): $66,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The nisswa chamber of commerce serves the area as a strong non-profit professional organization whose mission is to promote our businesses, community, and quality of life. The vision of the nisswa chamber of commerce is to promote the nisswa area community as the preeminent destination to live, work, visit and play in the lakes area. Our membership, comprised of 350+ businesses and individuals, is committed to the concept that there is enormous strength in unity and great benefit to be gained in the exchange of information and ideas. We recognize that community participation is one of the key ingredients to the success that has contributed to our chamber. The nisswa chamber of commerce is fortunate to have a dedicated and hardworking volunteer base that continually make this chamber successful. We encourage you to stop by the nisswa chamber of commerce to pick up the nisswa destination guide, any map or visitor information needed, and to learn about all of exciting things happening in
What it reported doing in 2025
The nisswa chamber of commerce serves the area as a strong non-profit professional organization whose mission is to promote our businesses, community, and quality of life. The vision of the nisswa chamber of commerce is to promote the nisswa area community as the preeminent destination to live, work, visit and play in the lakes area. Our membership, comprised of 350+ businesses and individuals, is committed to the concept that there is enormous strength in unity and great benefit to be gained in the exchange of information and ideas.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 90
- Accountability: 74
- Sustainability: 24
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -5.2%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.42; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 20.4%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 7.1% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 5% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: 13.8% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 13 of 13 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $66K · 13 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Sustainability: Operating margin scored 25/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- High — Sustainability: Officer compensation ratio scored 18/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.