TY 2022 Form 990EZ

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)
BRIAN HOKANSON Vice President	1.00	0
KYLE R PAULSON Director	45.00	43,412
CARRIE JOHNSON BOARD MEMBER	1.00	0
LISA LUNDELL BOARD MEMBER	1.00	0
SCOTT SABELKO BOARD MEMBER	1.00	0
JAN SCHURTZ BOARD MEMBER	1.00	0
MELANIE CARLSON BOARD MEMBER	1.00	0
SCOTT WILDENBERG President	2.00	0
TIM SKOG BOARD MEMBER	1.00	0

(a) Name and title

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC) (if not paid, enter -0-)

(d) Health benefits, contributions to employee benefit plans, and
deferred compensation

(e) Estimated amount
of other compensation

BRIAN HOKANSON

Vice President

1.00

KYLE R PAULSON

Director

45.00

43,412

CARRIE JOHNSON

BOARD MEMBER

1.00

LISA LUNDELL

BOARD MEMBER

1.00

SCOTT SABELKO

BOARD MEMBER

1.00

JAN SCHURTZ

BOARD MEMBER

1.00

MELANIE CARLSON

BOARD MEMBER

1.00

SCOTT WILDENBERG

President

2.00

TIM SKOG

BOARD MEMBER

1.00

(a) Name and title of each employee

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC)

(d) Health benefits, contributions to employee benefit plans, and deferred compensation

(e) Estimated amount of other compensation

NONE

(a) Name and business address of each independent contractor

(b) Type of service

(c) Compensation

NONE

- TIN:

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization

CANNON FALLS AREA CHAMBER OF COMMERCE

Employer identification number

41-1360824

Return Reference	Explanation
Other Expenses.1001	Advertising and Promotion $26830
Other Expenses.1003	Information Technology $3917
Other Expenses.1009	Depreciation $1032
Other Expenses.1012	Insurance $1302
Other Expenses.2	COUPON BOOK EXP $2782
Other Expenses.3	SUPPLIES-OFFICE $1942
Other Expenses.4	BUSINESS APPRECIATION LUNCH EX $1656
Other Expenses.5	EASTER BASKET HUNT EXP $812
Other Expenses.6	CONFERENCE FEES $585
Other Expenses.7	CHAMBER FUN FEST EXP $432
Other Expenses.8	DUES AND SUBS $416
Other Expenses.9	CHAMBER DEVELOPMENT EXPENSE $399
Other Expenses.10	MISC $182
Other Expenses.11	BOARD MEETING EXPENSE $107
Other Expenses.12	MISCELLANEOUS $20
Other Expenses.13	COST OF GOODS SOLD $20
Other Expenses.14	SUPPLIES-OPERATING $15
Other Assets.1003	Machinery and Equipment - Beginning $2806 Machinery and Equipment - Ending $2005
Other Assets.1005	Accounts Receivable - Beginning $800 Accounts Receivable - Ending $0
Other Assets.1009	Notes and Loans Receivable - Beginning $0 Notes and Loans Receivable - Ending $7266
Other Assets.1010	Inventories - Beginning $0 Inventories - Ending $50
Total Liabilities.1003	Deferred Revenue - Beginning $-2000 Deferred Revenue - Ending $0
Total Liabilities.1	PAYROLL LIABILITIES - Beginning $1157 PAYROLL LIABILITIES - Ending $0
Total Liabilities.2	GIFT CERT PAYABLE - Beginning $35181 GIFT CERT PAYABLE - Ending $30371
Total Liabilities.3	GROW CF PAYABLE - Beginning $360 GROW CF PAYABLE - Ending $360
Total Liabilities.4	SALES TAX - Beginning $19 SALES TAX - Ending $19
Total Liabilities.5	INCOME FROM CHAMBER DOLLARS - Beginning $0 INCOME FROM CHAMBER DOLLARS - Ending $615
Total Liabilities.6	OPENING BALANCE EQUITY - Beginning $0 OPENING BALANCE EQUITY - Ending $70
Total Liabilities.7	ACCOUNTS RECEIVABLE CREDIT - Beginning $0 ACCOUNTS RECEIVABLE CREDIT - Ending $50

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2021

Additional Data

Software ID:	22015553
Software Version:	2022v5.0

1	Contributions, gifts, grants, and similar amounts received ....................	1	32,041
2	Program service revenue including government fees and contracts ................	2	18,478
3	Membership dues and assessments .............................	3	40,647
4	Investment income ....................................	4	22
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) List of Attached Documents: // Content ..	6b	22,429
c	Less: direct expenses from gaming and fundraising events ...	6c	15,136
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d	7,293
7a	Gross sales of inventory, less returns and allowances ......	7a	490
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c	490
8	Other revenue (describe in Schedule O) ....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	98,971

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? PROMOTING THE COMMUNITY AND BUSINESSES.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 RETAIL COMMITTEE - THIS COMMITTEE PROMOTES THE LOCAL BUSINESSES BY GIVING OUT COUPONS. IT ALSO SELLS MERCHANDISE RELATING TO THE CANNON VALLEY TRAIL. (Grants $ ) If this amount includes foreign grants, check here ...		28a
29 MONTHLY MEETINGS - THESE MEETINGS ALLOW BUSINESS MEMBERS TO LEARN ABOUT RECENT AND UPCOMING DEVELOPMENTS OF THE CITY. THIS SERVES TO EDUCATE BUSINESSES. (Grants $ ) If this amount includes foreign grants, check here ...		29a
30 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. (Grants $ ) If this amount includes foreign grants, check here ...		30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32

Sign Here

	Signature of officer	Date

	Type or print name and title

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

(i) Name and address of individual or entity (fundraiser)	(iii) Did fundraiser have custody or control of contributions?
	Yes	No










Total . . . . . . . . . . . . . . . . . . . .

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12	50,339
13	Professional fees and other payments to independent contractors ............	13	3,047
14	Occupancy, rent, utilities, and maintenance ...................	14	8,583
15	Printing, publications, postage, and shipping ...................	15	7,069
16	Other expenses (describe in Schedule O) ...................	16	42,449
17	Total expenses. Add lines 10 through 16 .................	17	111,487

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	-12,516
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	-2,634
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	-15,150