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Clear Lake Chamber of Commerce

EIN 42-0478075 · Clear Lake, IA

Public records raise at least one point you should look into before giving.

LegitimacyCautionRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceNot ratedToo small or too little detailImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

The mission of the Clear Lake Area Chamber of Commerce is to serve our membership and provide value through opportunities in networking, advocacy, and business resources.

Income
$1.0 million
Spending
$913,962
Employees
7
Volunteers
300
Highest pay
$98,398, ceo

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Financial health

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Governance

This return does not answer enough of the governance questions to score.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. 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 (11)
  1. $202,729 spent. Tourism - aids the residents in the City of Clear Lake, Iowa (pop. approx. 7,700) through increased conventioneering and tourism.
  2. $56,893 spent. Triathlon Clear Lake - attracts others to Clear Lake promoting health and fitness.
  3. $54,449 spent. Fourth of July Celebration - provides cultural benefits to the people of northern Iowa as well as increased trade to the Chamber's members.
  4. $45,458 spent. Other Projects - various smaller programs implemented by the Chamber which benefit local residents and businesses through increased tourism.
  5. $30,902 spent. Harvest Festival - promotes downtown Clear Lake tourism, retail, and vendors.
  6. $24,132 spent. Thursdays on Main - promotes downtown Clear Lake retail and vendors, as well as provides tourism event opportunities.
  7. $17,359 spent. Christmas/Ornament/Retail - benefits the Clear Lake area by various retail sales as well as supporting tourism with Christmas by the Lake.
  8. $13,707 spent. Earth Day - promotes community clean up as well as fitness and attention to keeping the local community green.
  9. $8,958 spent. Golf Tournament - Annual event that helps promote Clear Lake and local networking.
  10. $7,526 spent. Color the Wind - Annual Clear Lake kite flying festival event.
  11. Rubber Wheel Trolley - provides low-cost transportation to tourists.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. 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 October 13, 2026.

  3. Are donations tax-deductible? Caution.

    The IRS master file records contributions to this 501(c)(6) business league as not deductible.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1951.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 October 21, 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.