Shakopee Chamber of Commerce
Legal name: Shakopee Area Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 411367856
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Shakopee, MN, US
- Phone
- (952) 445-1660
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $1,029,749
- Expenses
- $910,516
- Assets
- $518,802
- Liabilities
- $281,120
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- TIM ZUNKER (PRESIDENT)
Highest reported compensation
- TIM ZUNKER (PRESIDENT): $126,442 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Mission of the Shakopee Chamber of Commerce is to strengthen our community by advancing business, tourism, and the economy.
What it reported doing in 2024
The shakopee chamber connects local businesses, service organizations, and all levels of government to create an environment where people want to live, work, and play. The chamber is a voluntary, not-for-profit business organization dedicated to improving the economic environment of the community as an active, problem-solving organization. The shakopee chamber of commerce focuses on economic development, workforce development, and legislative advocacy and membership services. The strength of the chamber lies in its membership, small businesses, large corporations, home-based businesses, and professional men and women, working together to enhance the quality of life in shakopee through a wide variety of programs and initiatives. The shakopee chamber works to positively impact the quality of life in the region, while supporting the growth and prosperity of our members from education to economic development. The shakopee chamber of commerce is committed to giving each member an opportunity to prosper in today's competitive business world. The chamber works closely with the city of shakopee and neighboring communities, scott county, and local service organizations to promote the economic health of our community. The shakopee chamber is the primary source for businesses and individuals seeking information on the business climate in our community, as well as serving as the primary destination marketing organization for shakopee.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 11.6%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0.54; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 13.9%; rating input score 26; 26th percentile among comparable filings
Growth
- Program expense growth: 19.8% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 4.9% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 8.5% per year; rating input score 100; 53rd percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $126K · 15 people listed
- Consistency: 13 of 13 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Sustainability: Total-asset coverage ratio scored 26/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- High — Sustainability: Officer compensation ratio scored 26/100.