Edina Chamber of Commerce Arrie Larsen Manti

Overview

The Edina Chamber of Commerce Arrie Larsen Manti, with EIN number 411751952, is a nonprofit organization classified as a business league, similar to chambers of commerce or real estate boards. These entities are primarily established to improve business conditions in their respective areas.

Mission

The primary mission of the Edina Chamber of Commerce is to unite and support business leaders within the community of Edina, Minnesota, with a focus on promoting the local business environment and community development.

Financials

In recent years, the organization has reported significant financial activity. For instance, in 2023, it generated a revenue of approximately $1.24 million and incurred expenses of about $1.05 million. The total assets were valued at $1.08 million, with liabilities standing at $582,000.[1]

Historically, the organization's revenue has been divided among various streams. In 2020, contributions made up about 52.8% of the revenue, followed by program services at 43%, and a smaller portion from other sources.[1] In 2018, contributions constituted 56.7% of the revenue, while program services accounted for 43.1%.[1]

Governance and Management

The organization is led by key personnel, including a president and other board members. However, specific details about the current board members are not readily available.[2] Arrie Larsen-Manti holds the position of Chief Executive Officer at the Edina Chamber of Commerce.[5]

Tax Status

Donations to this organization are not tax-deductible, as it is not classified under the categories that allow such deductions. The organization files annual Form 990 tax returns with the Internal Revenue Service, which are publicly available through various databases.[1][3]

Environmental and Community Impact

While detailed information on specific environmental or community initiatives is not widely available, chambers of commerce typically engage in activities that enhance local economies and promote community development through various programs and events.