Isle Area Chamber of Commerce

EIN: 263828834 Community Improvement

Isle, MN

Total Revenue
$106,651
Total Expenses
$101,209
Total Assets
$34,680
Net Assets
$34,680
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MN
Phone
3203181098
Tax Period
2025-01-01 to 2025-12-31

Isle Area Chamber of Commerce, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $107K in total revenue in fiscal year 2025. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $101K left a modest 5% surplus.

Mission

The Isle Area Chamber of Commerce is a group of local businesses, entities and individuals, organized and committed to promote the Isle and South Mille Lacs area business, economic, civic, commercial, cultural, industrial and educational interests. Our Mission is to be a leader in promoting the spirit of our city and helping to enhance a progressive business environment as well as to serve as the business voice of Isle and the South Mille Lacs area. The IACC seeks to work with other area organizations, entities and individuals in a spirit of teamwork and cooperation for the overall betterment of our community.We also desire to serve as a business advocate and representative on legislative and regulatory issues that impact our area. We seek to promote recognition of educational achievements through business/educational partnerships. Together, we strive to make Isle a better place to live and work.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $20,602
Program Service Revenue $86,020
Investment Income $0
Other Revenue $29
TOTAL REVENUE $106,651

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $96,977
Other Expenses $101,209
TOTAL EXPENSES $101,209

Year-over-Year Comparison

2025 2024 Change
Revenue $106,651 $96,012 +0.1%
Expenses $101,209 $87,747 +0.2%
Net Income $5,442 $8,265 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
6
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ronda Bjornson Director 1.00
Director
$0 $0 $0
Jayden Biros Secretary 1.00
Director
$0 $0 $0
Donald Dahlen Vice President 1.00
Officer
$0 $0 $0
Linda Dahlen Treasurer 3.00
Officer
$0 $0 $0
Daron Stenvold Vice President 4.00
Officer
$0 $0 $0
Danie Powell President 3.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $106,651 $101,209 $34,680 $5,442
2024 $96,012 $87,747 $31,694 $8,265
2023 $95,137 $105,111 $23,350 $-9,974
2022 $94,969 $83,808 $33,364 $11,161
2021 $60,350 $64,524 $21,894 $-4,174
2020 $2,800 $5,584 $26,377 $-2,784
2019 $53,146 $52,240 $30,676 $906
2018 $68,662 $77,024 $29,770 $-8,362
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