Skip to the page content
Passes our checks

Chamber Foundation

EIN 81-5479845 · Fargo, ND

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak44 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE CHAMBER FOUNDATION IS A CATALYST FOR STRENGTHENING THE REGIONAL WORKFORCE ECOSYSTEM. WE ACTIVATE COMMUNITY PARTNERS TO ENGAGE IN INNOVATIVE APPROACHES TO SOLVING THE REGION'S PRESSING ISSUES. OUR FOCUS LIES IN ACCLIMATION, DEVELOPMENT, AND RETENTION.

Income
$869,698
Spending
$960,957
Spent on programs
83%
Reserves
3.6 months of spending
Largest source of income
government grants, 95%
Employees
0
Volunteers
50
Highest pay
$350,957, secretary

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 44 out of 100. Higher than 13% of charities in its peer group (community improvement, $250k to $1m).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.6 months of spending.

  • Debt

    5 of 20

    It owes 65% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 10% of income.

  • Income trend

    0 of 15

    Income fell 68% on the year before.

  • Spending floor

    15 of 15

    83% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 92% of charities in its peer group (community improvement, $250k to $1m).

  • Independent board

    25 of 25

    6 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, 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)
  1. $798,427 spent. THE CHAMBER FOUNDATION'S IGNITE INITIATIVE IS OUR REGION'S DRIVING FORCE IN BUILDING A RESILIENT AND INCLUSIVE WORKFORCE. ATTRACTING EXCEPTIONAL TALENT, FOSTERING SEAMLESS ACCLIMATION, NURTURING CONTINUOUS DEVELOPMENT AND ENSURING STEADFAST RETENTION ARE THE PILLARS THAT LEAD TO WORKFORCE GROWTH AND PROSPERITY. OUR WORKFORCE APPROACH INVOLVES COLLABORATION AND PARTNERSHIP WHILE WORKING ON VARIOUS CRITICAL INITIATIVES WITH A DIVERSE SET OF ORGANIZATIONS AND COMMUNITIES. THE IGNITE INITIATIVE HAS A VARIETY OF INNOVATIVE PROGRAMS THAT ADDRESS IMPORTANT WORKFORCE CHALLENGES, PROMOTE ECONOMIC GROWTH AND ENHANCE THE COMMUNITY'S WELL-BEING.THE COMMUNITY CONCIERGE PROGRAM FOSTERS STRONGER CONNECTIONS WITHIN THE VIBRANT COMMUNITIES OF FARGO, MOORHEAD AND WEST FARGO. THIS INITIATIVE IS DESIGNED TO CREATE A SUPPORTIVE NETWORK THAT TRANSCENDS GEOGRAPHICAL BOUNDARIES, ALLOWING INDIVIDUALS TO SHARE EXPERIENCES, BUILD MEANINGFUL FRIENDSHIPS, AND CULTIVATE VALUABLE CONNECTIONS THAT LAST A LIFETIME. THE PROGRAM ALSO PROVIDES INVALUABLE SUPPORT TO EMPLOYERS DURING THEIR RECRUITMENT AND ONBOARDING PROCESS. IGNITEFMWF IS AN ONLINE PLATFORM THAT INTEGRATES JOB RECRUITMENT, SKILL BUILDING AND CAREER NAVIGATION INTO ONE COLLABORATIVE RESOURCE. IT AIMS TO EMPOWER THE COMMUNITY BY CONNECTING PEOPLE WITH OPPORTUNITIES AND RESOURCES FOR CAREER GROWTH AND SUCCESS. THE PLATFORM OFFERS PERSONALIZED LEARNING PATHWAYS, ENABLING USERS TO EXPLORE NEW CAREERS AND IMPROVE THEIR SKILL SET.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. 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)(3) charitable organization.

    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? 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.

  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 April 2018.

    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.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Chg Foundation (Chula Vista, CA), EIN 33-0586911. If that is the one you meant, check the EIN before giving.

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