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Filing year 2024

BRAINERD LAKES AREA CHAMBERS OF COMMERCE

Brainerd, Minnesota·EIN 41-0162195·501(c)(6)
Total revenue
$2.2M
Total assets
$1.5M
Total expenses
$2.3M
Reported officers
19
Mission

TO ADVANCE THE GENERAL WELFARE AND PROSPERITY OF THE BRAINERD LAKES AREA SO THAT ITS CITIZENS AND ALL AREAS OF ITS BUSINESS COMMUNITY SHALL PROSPER. ALL NECESSARY MEANS OF PROMOTION SHALL BE PROVIDED AND PARTICULAR ATTENTION AND EMPHASIS SHALL BE GIVEN TO THE ECONOMIC, CIVIC, COMMERCIAL, CULTURAL, INDUSTRIAL AND EDUCATIONAL INTERESTS OF THE AREA.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Chamber President
Median to 75th percentile
$162k
$174k
Base
$159k
Bonus
Other
Benefits
$3k
Treasurer
25th percentile to median
$53k
$57k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 17 unpaid individuals.

Down 4%
from 2023

From $169k in 2023 to $162k in 2024.

$169k
2023
$162k
2024
In today's dollarsEst.
Down 7% in real terms$187k to $174k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 4% from 2023 to 2024, while revenue rose 2%.

$169k in 2023 to $162k in 2024.
  • Chief Financial Officer pay rose 5% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

BRAINERD LAKES AREA CHAMBERS OF COMMERCE reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.2M
$2.2M
2023
$2.2M
$2.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BRAINERD LAKES AREA CHAMBERS OF COMMERCE

What does the Chief Executive Officer of BRAINERD LAKES AREA CHAMBERS OF COMMERCE earn?

In 2024, the Chief Executive Officer of BRAINERD LAKES AREA CHAMBERS OF COMMERCE received $161,866 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BRAINERD LAKES AREA CHAMBERS OF COMMERCE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at BRAINERD LAKES AREA CHAMBERS OF COMMERCE falls between the median and the 75th percentile.

What are BRAINERD LAKES AREA CHAMBERS OF COMMERCE's revenue and expenses?

In 2024, BRAINERD LAKES AREA CHAMBERS OF COMMERCE reported $2.2M in total revenue and $2.3M in total expenses on its IRS Form 990.

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