Albert Lea Freeborn County Chamber Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO STIMULATE THE ESTABLISHMENT OF FUNDS TO SERVE OUR LOCAL COMMUNITY NOW AND IN THE FUTURE.
- Income
- $187,060
- Spending
- $770,146
- Spent on programs
- 96%
- Reserves
- 7.1 months of spending
- Largest source of income
- donations and private grants, 93%
- Employees
- 0
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 63 out of 100. Higher than 34% of charities in its peer group (community improvement, under $250k).
Reserves
28 of 35Spendable reserves would cover 7.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 312% of income.
Income trend
0 of 15Income fell 27% on the year before.
Spending floor
15 of 1596% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 69 out of 100. Higher than 54% of charities in its peer group (community improvement, under $250k).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $739,535 spent. THE ORGANIZATION ACTS AS A STEWARD OF DONATED FUNDS WHICH ARE USED TO SUPPORT VARIOUS COMMUNITY PROGRAMS AND PROJECTS TO PROMOTE PHILANTHROPY AND COLLABORATION FOR COMMUNITY BETTERMENT. CURRENT PROGRAMS AND PROJECTS INCLUDE: FIREWORKS DISPLAY-FUNDS ARE USED TO PROVIDE A CITY FIREWORKS DISPLAY ON THE 4TH OF JULY FOR THE COMMUNITY TO ENJOY. FREEDOM ROCK-PROJECT TO ADD A ROCK WITH A CUSTOM PAINTED TRIBUTE TO LOCAL VETERANS IN HONOR OF THEIR SERVICE TO OUR COUNTRY NEXT TO THE FREEBORN COUNTY VETERAN MEMORIAL. ACTIVITY CALENDAR-PROCEEDS FROM THE SALE OF THIS CALENDAR ARE DONATED TO SCHOOL DISTRICT 241 FOR EDUCATIONAL ACTIVITIES. AGE FRIENDLY FREEBORN COUNTY-A LOCAL, COLLABORATE EFFORT TO CREATE A SUPPORTIVE ENVIRONMENT FOR SENIONS, CONNECTION RESOURCES, SERVICES, AND COMMUNITY MEMBERS TO HELP OLDER ADULTS AGE WITH DIGNITY AND INDEPENDENCE THROUGH PARTNERSHIPS WITH LOCAL ORGANZIATIONS LIKE SENIOR RESOURCES, THE CITY, AND PUBLIC HEALTH. ALBERT LEA INCLUSIVE PLAYGROUND-FUNDS ARE USED TO CREATE A SAFE OUTDOOR ENVIRONMENT FOR PEOPLE OF ALL AGES AND ABILITIES. ALBERT LEA TRACK BOOSTERS-FUNDS ARE USED TO SUPPORT THE LOCAL HIGH SCHOOL TRACK TEAM. ALBERT LEA VOLLEYBALL BOOSTERS-FUNDS ARE USED TO SUPPORT THE LOCAL HIGH SCHOOL VOLLEYBALL TEAM. AMERICAN LEGION-FUND IS DESIGNED TO ALLOW THE COMMUNITY TO CONTRIBUTE TO REDUCE THE DEBT OF THE LEGION DURING DIFFICULT FINANCIAL TIMES. APRIL SORENSON MEMORIAL-FUNDS ARE USED TO PURCHASE BENCHES AND SUPPORT THE BLAZING STAR TRAIL IN MEMORY OF AN ALBERT LEA NATIVE. DOG PARK-FUNDS ARE USED TO SUPPORT THE COMMUNITY DOG PARK. LAKE FOUNDATION AND RESTORATION COMMITTEES-FUNDS ARE USED TO CONTRIBUTE TO SHORELINE RESOTRATION AND SPONSER ANNUAL LAKE CLEAN-UP DAYS. PICKLEBALL FUND-FUNDS ARE USED TO CONVERT UNUSED TENNIS COURTS INTO PICKLEBALL COURTS. THE HATCH-FUNDS ARE USED TO SUPPORT A MAKERS SPACE TO EDUCATE THE COMMUNITY; GIVE ENTREPRENEURIAL SUPPORT OF PROGRAMS IN THE TRADES AND ARTISTIC ARENA; AND PROVIDE A PLACE TO LEARN, WORK, AND COLLABORATE WITH OTHERS TO FOSTER CREATIVITY. VETERANS MEMORIAL-PROVIDES MEMORIAL AND PAVERS FOR VETERANS ON DISPLAY BY THE FREEBORN COUNTY COURTHOUSE. YELLOW RIBBON-SUPPORTS THE FAMILIES OF DEPLOYED SOLDIERS BY UNITING ALL AREAS WITHIN A COMMUNITY TO CREATE A COMPREHENSIVE NETWORK THAT CONNECTS AND COORDINATES AGENCIES, ORGANIZATION, RESOURCES, AND EMPLOYERS FOR THE PURPOSE OF PROACTIVELY SUPPORTING SERVICE MEMBERS AND MILITARY FAMILIES. YOUNG PROFESSIONALS-A GROUP FOR EMERGING LEADERS FOCUSED ON NETWORKING, COMMUNITY ENGAGEMENT, AND PROFESSIONAL DEVELOPMENT. CE MYERS SCHOLARSHIP FUND THE ORGANIZATION ACTS AS A STEWARD OF DONATED FUNDS WHICH ARE USED TO SUPPORT VARIOUS COMMUNITY PROGRAMS AND PROJECTS TO PROMOTE PHILANTHROPY AND COLLABORATION FOR COMMUNITY BETTERMENT. CURRENT PROGRAMS AND PROJECTS INCLUDE: FIREWORKS DISPLAY-FUNDS ARE USED TO PROVIDE A CITY FIREWORKS DISPLAY ON THE 4TH OF JULY FOR THE COMMUNITY TO ENJOY. FREEDOM ROCK-PROJECT TO ADD A ROCK WITH A CUSTOM PAINTED TRIBUTE TO LOCAL VETERANS IN HONOR OF THEIR SERVICE TO OUR COUNTRY NEXT TO THE FREEBORN COUNTY VETERAN MEMORIAL. ACTIVITY CALENDAR-PROCEEDS FROM THE SALE OF THIS CALENDAR ARE DONATED TO SCHOOL DISTRICT 241 FOR EDUCATIONAL ACTIVITIES. AGE FRIENDLY FREEBORN COUNTY-A LOCAL, COLLABORATE EFFORT TO CREATE A SUPPORTIVE ENVIRONMENT FOR SENIONS, CONNECTION RESOURCES, SERVICES, AND COMMUNITY MEMBERS TO HELP OLDER ADULTS AGE WITH DIGNITY AND INDEPENDENCE THROUGH PARTNERSHIPS WITH LOCAL ORGANZIATIONS LIKE SENIOR RESOURCES, THE CITY, AND PUBLIC HEALTH. ALBERT LEA INCLUSIVE PLAYGROUND-FUNDS ARE USED TO CREATE A SAFE OUTDOOR ENVIRONMENT FOR PEOPLE OF ALL AGES AND ABILITIES. ALBERT LEA TRACK BOOSTERS-FUNDS ARE USED TO SUPPORT THE LOCAL HIGH SCHOOL TRACK TEAM. ALBERT LEA VOLLEYBALL BOOSTERS-FUNDS ARE USED TO SUPPORT THE LOCAL HIGH SCHOOL VOLLEYBALL TEAM. AMERICAN LEGION-FUND IS DESIGNED TO ALLOW THE COMMUNITY TO CONTRIBUTE TO REDUCE THE DEBT OF THE LEGION DURING DIFFICULT FINANCIAL TIMES. APRIL SORENSON MEMORIAL-FUNDS ARE USED TO PURCHASE BENCHES AND SUPPORT THE BLAZING STAR TRAIL IN MEMORY OF AN ALBERT LEA NATIVE. DOG PARK-FUNDS ARE USED TO SUPPORT THE COMMUNITY DOG PARK. LAKE FOUNDATION AND RESTORATION COMMITTEES-FUNDS ARE USED TO CONTRIBUTE TO SHORELINE RESOTRATION AND SPONSER ANNUAL LAKE CLEAN-UP DAYS. PICKLEBALL FUND-FUNDS ARE USED TO CONVERT UNUSED TENNIS COURTS INTO PICKLEBALL COURTS. THE HATCH-FUNDS ARE USED TO SUPPORT A MAKERS SPACE TO EDUCATE THE COMMUNITY; GIVE ENTREPRENEURIAL SUPPORT OF PROGRAMS IN THE TRADES AND ARTISTIC ARENA; AND PROVIDE A PLACE TO LEARN, WORK, AND COLLABORATE WITH OTHERS TO FOSTER CREATIVITY. VETERANS MEMORIAL-PROVIDES MEMORIAL AND PAVERS FOR VETERANS ON DISPLAY BY THE FREEBORN COUNTY COURTHOUSE. YELLOW RIBBON-SUPPORTS THE FAMILIES OF DEPLOYED SOLDIERS BY UNITING ALL AREAS WITHIN A COMMUNITY TO CREATE A COMPREHENSIVE NETWORK THAT CONNECTS AND COORDINATES AGENCIES, ORGANIZATION, RESOURCES, AND EMPLOYERS FOR THE PURPOSE OF PROACTIVELY SUPPORTING SERVICE MEMBERS AND MILITARY FAMILIES. YOUNG PROFESSIONALS-A GROUP FOR EMERGING LEADERS FOCUSED ON NETWORKING, COMMUNITY ENGAGEMENT, AND PROFESSIONAL DEVELOPMENT. CE MYERS SCHOLARSHIP FUND
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1993.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.