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Filing year 2024

HOYT LAKES CHAMBER OF COMMERCE

Hoyt Lakes, Minnesota·EIN 41-1632643·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$10k
Total assets
$119k
Total expenses
$682
Reported officers
6
Mission

MAINTENANCE AND IMPROVEMENT OF BUSINESS CONDITIONS. SUPPORT AREA YOUTH ACTIVITY PROGRAMS. FOR 2024, $87,394 IN DONTATIONS WERE MADE TO THE COMMUNITY AND YOUTH PROGRAMS.

Executive compensation

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 Community Improvement & Capacity Building organizations nationwide.

Gambling Manager
Board Member
25th percentile to median
$15k
$16k
Asst Gambling Mgr
Board Member
25th percentile to median
$7k
$8k

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 4 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at HOYT LAKES CHAMBER OF COMMERCE equaled 2,171% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
2,171%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Held roughly steady
over 2 years

From $14k in 2022 to $15k in 2024.

$14k
2022
$14k
2023
$15k
2024
In today's dollarsEst.
Down 4% in real terms$17k to $16k

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.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about HOYT LAKES CHAMBER OF COMMERCE

What does the Board Member of HOYT LAKES CHAMBER OF COMMERCE earn?

In 2024, the Board Member of HOYT LAKES CHAMBER OF COMMERCE received $14,808 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Community Improvement & Capacity Building organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at HOYT LAKES CHAMBER OF COMMERCE compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Board Member at HOYT LAKES CHAMBER OF COMMERCE falls between the 25th percentile and the median. In 2024, the highest total compensation at HOYT LAKES CHAMBER OF COMMERCE equaled 2,171% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are HOYT LAKES CHAMBER OF COMMERCE's revenue and expenses?

In 2024, HOYT LAKES CHAMBER OF COMMERCE reported $10k in total revenue and $682 in total expenses on its IRS Form 990.

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