Save the Excelsior-Lake Minnetonka Chamber

Save the Excelsior-Lake Minnetonka Chamber

From Chamber Director

2020 has been an unprecedentedly hard year for many businesses, and The Chamber is no exception. We have enough budget to last us through July 31, 2020 and we need your help to continue to support the community.

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Recent Updates

Update #1

6 days ago

MATCHING ALERT! We are so lucky to be surrounded by such an amazing community. Bean’s Greenwood Marina and Chad Babcock State Farm Insurance have teamed up – for the next 48 hours they will match donations made to the Chamber for up to $5,000 each. This means that each $1 you give turns into $3. Here's how it'll work: We are starting out with $6,380 that we've raised on Fundly over the last week, so we have til Thursday morning at 10 a.m. for our Fundly "raised" to read $11,380. If we get there we'll get to add an additional $10,000! Ready??? Set…..GO!

More Info

The Excelsior-Lake Minnetonka Chamber of Commerce serves the South Lake area which includes Excelsior, Deephaven, Greenwood, Shorewood, Tonka Bay, and beyond.  We have been acting on behalf of businesses, organizations and residents since the first developments appeared on the shores of Lake Minnetonka.

2020 has been an unprecedentedly hard year for many businesses, and The Chamber is no exception. Our financial operational model is based on a mixture of dues paying memberships and revenue from events – to be specific, 23% of our operations are paid for by membership dues and 77% of our operations are paid for by event revenue. With the onset of the COVID-19 pandemic, events were not recommended by the CDC and, later, not allowed via Executive Orders from Governor Walz. While we fully support these efforts and ordinances, the lack of events took a direct hit to our budget. During 2020 we have had to cancel all events to-date. The Excelsior-Lake Minnetonka Chamber currently has a run rate through July 31, 2020. After that date, the Excelsior-Lake Minnetonka Chamber of Commerce will be forced to close down all operations and cease to exist.

In order to continue to serve the businesses, members and community at large, we are needing to raise $130,000 to get us through December 2021. This amount is 33% of our 2019 operating budget, includes just 2 part-time employees and assumes no events offered in 2021 given the ongoing uncertainty.   

As you know, over the years, The Chamber has brought many community and business events to the area such as Luck o' the Lake, Excelsior Art on the Lake, Lake Minnetonka 4th of July Celebration, Excelsior Crazy Days, Apple Day, Halloween in Excelsior and Christmas in Excelsior. During the trying times of COVID, The Chamber rallied around the business community offering weekly Supporting Small Businesses During Uncertain Times meetings to share best practices, working diligently with the SBA and DEED regarding EIDL and PPP funding as well as other grants available to our local business community, we created the Lake Minnetonka Business Grant - fundraising and giving away $7,876 to 21 businesses, offered Bridge Memberships to get membership benefits to businesses immediately but invoicing them at a later date, formed the Safe & Open Initiative providing guidelines for all businesses to operate safely and welcome back customers, and coordinated messaging and information dissemination with public safety. It's these services and impact in our community we are at risk of losing.

Visit elmcc.org/savethechamber for more information.

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Chamber Director posted a new update:
6 days ago

Update #1

MATCHING ALERT! We are so lucky to be surrounded by such an amazing community. Bean’s Greenwood Marina and Chad Babcock State Farm Insurance have teamed up – for the next 48 hours they will match donations made to the Chamber for up to $5,000 each. This means that each $1 you give turns into $3. Here's how it'll work: We are starting out with $6,380 that we've raised on Fundly over the last week, so we have til Thursday morning at 10 a.m. for our Fundly "raised" to read $11,380. If we get there we'll get to add an additional $10,000! Ready??? Set…..GO!

Join the Conversation

Sign in with your Facebook account or

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