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Bloomfield Chamber Of Commerce Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020562760 ✦ Bloomfield, CT ✦ Designated as a 501(c)(3)

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Overview

What is Bloomfield Chamber Of Commerce Foundation Inc?

Bloomfield Chamber of Commerce Foundation Inc is a nonprofit organization that focuses on supporting local high school seniors with their educational expenses. They provide scholarships worth up to $1,000 to aid these students in their future studies. The foundation has a history of awarding scholarships, with instances of granting four scholarships of $1,000 each, three scholarships of $1,000 each, and no scholarships in 2021. However, they did resume the scholarship program in 2022, awarding scholarships to six deserving seniors. The foundation continues to dedicate resources towards this noble cause, thereby contributing to the educational growth of the local community.


Official website here: www.bloomfieldchamber.org

Is Bloomfield Chamber Of Commerce Foundation Inc legitimate?

Bloomfield Chamber Of Commerce Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bloomfield Chamber Of Commerce Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.bloomfieldchamber.org

What is the mission statement of Bloomfield Chamber Of Commerce Foundation Inc?

The Bloomfield Chamber of Commerce Foundation Inc's primary mission is to provide financial assistance to local high school seniors through scholarship grants. These scholarships, worth up to $1,000 each, aim to help these students cover their future educational expenses. The foundation has a history of awarding scholarships, with instances in various years, including the granting of scholarships to six high school seniors in a certain year. However, there was no scholarship award in 2021. The foundation resumed its scholarship granting activities in 2022, continuing its mission to support the educational aspirations of local high school seniors.


Official website here: www.bloomfieldchamber.org

Who is the CEO of Bloomfield Chamber Of Commerce Foundation Inc?

Marc Cassler is the President of Bloomfield Chamber Of Commerce Foundation Inc.


Official website here: www.bloomfieldchamber.org

What is the revenue of Bloomfield Chamber Of Commerce Foundation Inc?

Bloomfield Chamber Of Commerce Foundation Inc's revenue in 2022 was $1,501.


Official website here: www.bloomfieldchamber.org

Who are the executives of Bloomfield Chamber Of Commerce Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Marc Cassler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Long (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Labella (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Famely (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bloomfieldchamber.org

Where can I find the form 990EZ for Bloomfield Chamber Of Commerce Foundation Inc?

Bloomfield Chamber Of Commerce Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.bloomfieldchamber.org

Learn more at the official website: www.bloomfieldchamber.org

Mission Statement of Bloomfield Chamber Of Commerce Foundation Inc

Bloomfield Chamber of Commerce Foundation Inc is an organization dedicated to providing financial assistance to local high school seniors. Its primary mission is to grant scholarships to these students, aiming to alleviate some of the financial burden associated with further education. The foundation has a history of awarding scholarships worth $1,000 each to several high school seniors. In the past, it has awarded scholarships to four, three, and six students respectively. However, there was no scholarship distribution in 2021. Despite the occasional gaps, the foundation continues its commitment to awarding scholarships to deserving students, demonstrating its unwavering support for local youth and their educational aspirations.

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Impact




October, 2024

The Bloomfield Chamber of Commerce Foundation Inc plays a vital role in enhancing educational opportunities for local high school seniors through its scholarship program. By granting up to $1,000 to students, the foundation provides essential financial support that helps mitigate the costs associated with pursuing higher education.

In recent years, the foundation has demonstrated its commitment to empowering youth in the community by awarding scholarships to multiple high school seniors. For instance, in 2022 alone, scholarships were awarded to six deserving students, contributing a significant financial boost to their educational journeys. This financial assistance enables recipients to cover tuition, books, and other educational expenses, fostering a pathway towards academic and career success.

Through its efforts, the Bloomfield Chamber of Commerce Foundation Inc not only invests in individual students but also strengthens the community as a whole by promoting education and encouraging the next generation to achieve their academic goals. The foundation’s contributions collectively enhance the potential for growth and development within the Bloomfield area, making a lasting impact on both the students and the broader community.




This information is meant to be a general summary of Bloomfield Chamber Of Commerce Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,501 (2022)
Expenses
$3,005 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,501

Assets and Liabilities:

  • Total Assets: $4,868
  • Total Liabilities: $0
  • Net Assets: $4,868

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Organization Details

Principal Officer

Marc Cassler

Main Address

PO BOX 938, Bloomfield, CT, 060020938

NTEE Category

Code: S11 - Community improvement

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