Hoyt Lakes Chamber of Commerce

Public charity · Grantmaker Hoyt Lakes, MN EIN: 41-1632643

Maintenance and improvement of business conditions. Support area youth activity programs. For 2025, $110,725 in dontations were made to the community and youth programs.

Key facts about Hoyt Lakes Chamber of Commerce

EIN
41-1632643
Latest 990 filing
Form 990, 2026
Total assets
$107,197

Data from IRS Form 990, 2026; updated September 2026.

Financial Overview

From 2026 IRS Form 990 · View filing

Total Assets

$107K

-10.0% YoY

Revenue

$-9,425

-191.5% YoY

Net Investment Income

$11

-26.7% YoY

Expenses

$2K

+242.8% YoY

About Hoyt Lakes Chamber of Commerce

Based on IRS filings

Hoyt Lakes Chamber of Commerce is a public charity focused on Community Improvement & Capacity Building, based in Hoyt Lakes, MN. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $107K in total assets. Net investment income was $11.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

AuroraHoyt Lakes

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K1 grants20211 grants20220 grants2023Total only20240 grants20250 grants2026

From 2021 to 2024, annual grant giving ranged from $1K (2024) to $20K (2021). In 2024 it reported $1K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2026.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20K$40K$60K$80K202120222023202420252026
Metric202620252024
Total Assets$107,197$119,115$108,633
Revenue$-9,425$10,304$9,562
Expenses$2,338$682$2,263
Net Investment Income$11$15$18

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS March 11, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS February 28, 2023)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS January 20, 2025)
  4. Added Form 990 for fiscal year 2026 (received by the IRS August 4, 2026)

Leadership & Key People

Officers and directors from IRS filings

Hoyt Lakes Chamber of Commerce is led by James Kramar, President on every filing since 2022; 2 of 6 officers listed in 2026 are compensated.

Officers on the 2026 filing

  • James Kramar

    President

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Cherie Grams

    Gambling Manager

    On filings since 2021

    12 hrs/week

    $12K (2021) → $15K (2026)

  • Debbie Depew

    Assistant Gambling Manager

    On filings since 2021

    6 hrs/week

    $6K (2021) → $7K (2026)

  • Catherine Bartholomew

    Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

  • Brian Radtke

    Vice President

    On filings since 2023

    1 hr/week

    No compensation reported

  • Nikki Swanson

    Secretary

    New on the 2026 filing

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Sue Shimmin (2021–2025) — Secretary
  • Former: Donna Stevens (2021–2023) — Vice President
  • Former: Robert Bartholomew (2021–2022) — President

Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

Cherie Grams — Gambling Manager: $15KCherie GramsGambling Manager$15KDebbie Depew — Asst Gambling MGR: $7KDebbie DepewAsst Gambling MGR$7K

The highest reported compensation on the 2026 filing was $15K, to Cherie Grams (Gambling Manager). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Hoyt Lakes Chamber of Commerce

How large is Hoyt Lakes Chamber of Commerce?

Hoyt Lakes Chamber of Commerce reported $107K in total assets on its 2026 IRS Form 990.

What is Hoyt Lakes Chamber of Commerce?

Hoyt Lakes Chamber of Commerce is a public charity focused on Community Improvement & Capacity Building, based in Hoyt Lakes, MN. It holds $107K in total assets as of 2026.

Where does Hoyt Lakes Chamber of Commerce operate?

Hoyt Lakes Chamber of Commerce has awarded grants in Minnesota.

What is Hoyt Lakes Chamber of Commerce's EIN?

Hoyt Lakes Chamber of Commerce's EIN (Employer Identification Number) is 41-1632643. IRS Form 990 filing data is available on this page for 2021–2026.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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