Overview

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Est.

1989

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Albert Lea Freeborn County Chamber Foundation is a nonprofit organization focused on business promotion within its local community. With a mission to stimulate the establishment of funds to serve the community now and in the future, the foundation operates with an annual budget of $768.6K and reported total revenue of $187.1K in 2025. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diversified funding base for its initiatives.

Mission Statement

TO STIMULATE THE ESTABLISHMENT OF FUNDS TO SERVE OUR LOCAL COMMUNITY NOW AND IN THE FUTURE.
Revenues
$187.1K
Expenses
$770.1K
Net Income:
-$583.1K
Assets
$453K
Liabilities
$0
Net Assets:
+$453K
Operating Budget
$768.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$14.1K
Largest grant received
$17.5K
C
Cathy Malakowsky
Board Member
M
Morgan Meaney
Board Member
A
Annice Sevett
Board Member

Frequently Asked Questions

What is ALBERT LEA FREEBORN COUNTY CHAMBER FOUNDATION’s budget?
In 2025, ALBERT LEA FREEBORN COUNTY CHAMBER FOUNDATION reported an annual operating budget of around $769 thousand. More detailed financial information is available to registered users.
What causes does ALBERT LEA FREEBORN COUNTY CHAMBER FOUNDATION support?
ALBERT LEA FREEBORN COUNTY CHAMBER FOUNDATION supports work in Business promotion.
Where does ALBERT LEA FREEBORN COUNTY CHAMBER FOUNDATION operate?
ALBERT LEA FREEBORN COUNTY CHAMBER FOUNDATION is headquartered in Albert Lea, MN.
Who funded ALBERT LEA FREEBORN COUNTY CHAMBER FOUNDATION recently?
In 2024, ALBERT LEA FREEBORN COUNTY CHAMBER FOUNDATION received grants from DONOR ADVISED CHARITABLE GIVING INC, SAINT PAUL & MINNESOTA FOUNDATION, and SAINT PAUL & MINNESOTA FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant ALBERT LEA FREEBORN COUNTY CHAMBER FOUNDATION received in 2024?
The largest grant to ALBERT LEA FREEBORN COUNTY CHAMBER FOUNDATION in 2024 exceeds $18 thousand.