Overview
What is The Greater Wilkes-Barre Chamber Of Business And Industry?
The Greater Wilkes-Barre Chamber of Business and Industry is a charitable and educational organization, headquartered in Wilkes-Barre, Pennsylvania. With a team of 22 dedicated individuals, their primary mission is to support and administer programs aimed at promoting the overall health and welfare of the Wilkes-Barre area. They strive to alleviate poverty, combat community deterioration, and create job opportunities. To achieve this, they undertake initiatives like workplace development and education programs, assist in distressed property development, and offer administrative support to affiliated not-for-profit organizations. Additionally, they engage in fundraising activities and grant-giving to support these objectives and any other lawful purposes.
Official website here: www.wyomingvalleychamber.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Greater Wilkes-Barre Chamber Of Business And Industry has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. This rating is primarily based on a detailed evaluation of its accountability and finance practices, which scored 76%. The organization benefits from a fully independent board and demonstrates strong governance practices, including transparent financial statements and a solid conflict of interest policy.
Strengths noted in the evaluation include an entirely independent board and a comprehensive audit and oversight committee. The organization effectively maintains records and provides access to essential documents, including their board meeting minutes and tax forms. However, they fall short in having a whistleblower policy in place, which could enhance their governance framework.
In terms of financial efficiency, The Greater Wilkes-Barre Chamber Of Business And Industry allocates approximately 66.31% of its expenses to programs, though there are concerns regarding their liabilities to assets ratio, which is notably high at 95.74%. This could indicate potential financial risks, warranting closer scrutiny of their long-term financial sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is The Greater Wilkes-Barre Chamber Of Business And Industry legitimate?
The Greater Wilkes-Barre Chamber Of Business And Industry is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Greater Wilkes-Barre Chamber Of Business And Industry submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $234,680
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,226
For more financial information, click here
Official website here: www.wyomingvalleychamber.org
What is the mission statement of The Greater Wilkes-Barre Chamber Of Business And Industry?
The Greater Wilkes-Barre Chamber of Business and Industry is established with charitable, educational, and scientific purposes, adhering to Section 501(C)(3) of the Internal Revenue Code. Its mission is to serve these purposes by supporting, sponsoring, administering, and overseeing programs and activities aimed at promoting the overall health and welfare of a specific area. These initiatives aim to alleviate poverty, combat community deterioration, and create employment opportunities. Additionally, the chamber enhances regional employment through the creation and implementation of workplace development and education programs. It also assists in the development, construction, ownership, and leasing of distressed real property to promote overall community well-being. Lastly, the organization provides administrative, managerial, marketing, accounting, and other supporting services to affiliated not-for-profit organizations and undertakes fundraising to support its activities or those of its affiliates.
Official website here: www.wyomingvalleychamber.org
What is the revenue of The Greater Wilkes-Barre Chamber Of Business And Industry?
The Greater Wilkes-Barre Chamber Of Business And Industry's revenue in 2023 was $1,068,598.
Official website here: www.wyomingvalleychamber.org
Who are the executives of The Greater Wilkes-Barre Chamber Of Business And Industry and what are their salaries?
The average compensation at The Greater Wilkes-Barre Chamber Of Business And Industry during 2023 was $28,628. There are 11 employees and 56 volunteers at The Greater Wilkes-Barre Chamber Of Business And Industry.
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Official website here: www.wyomingvalleychamber.org
Where can I find the form 990 for The Greater Wilkes-Barre Chamber Of Business And Industry?
The Greater Wilkes-Barre Chamber Of Business And Industry's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wyomingvalleychamber.org
Learn more at the official website: www.wyomingvalleychamber.org
Mission Statement of The Greater Wilkes-Barre Chamber Of Business And Industry
The Greater Wilkes-Barre Chamber of Business and Industry is an organization dedicated to serving charitable and educational purposes. Their mission is to support, sponsor, administer, and oversee programs and activities aimed at promoting the overall health and welfare of their community. This nonprofit organization works tirelessly to alleviate poverty, combat community deterioration, and create job opportunities within the area.
In addition to their primary mission, The Greater Wilkes-Barre Chamber of Business and Industry enhances regional employment by implementing workplace development and education programs and events. They also provide administrative, managerial, marketing, accounting, bookkeeping, and similar supporting services to affiliated not-for-profit organizations.
Furthermore, this organization undertakes fundraising to support any of their activities or those of their affiliated not-for-profit entities. They also award grants and gifts to support the programs and activities of these affiliated entities. Overall, The Greater Wilkes-Barre Chamber of Business and Industry is committed to implementing these purposes and any lawful purpose or purposes that contribute to the betterment of their community.
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Impact
July, 2024
The Greater Wilkes-Barre Chamber of Business and Industry's impact lies in its dedicated efforts to support, sponsor, and administer programs that promote the overall health and welfare of the Wilkes-Barre area. By focusing on relieving poverty, combating community deterioration, creating jobs, and enhancing regional employment through workplace development and education programs, the Chamber plays a crucial role in improving the economic and social landscape of the region. Additionally, its involvement in developing distressed real property and providing supporting services to affiliated nonprofit organizations further contributes to the betterment of the Greater Wilkes-Barre, Pennsylvania area. Through fundraising, awarding grants, and conducting necessary activities, the Chamber effectively implements its charitable and educational mission to benefit the community.
This information is meant to be a general summary of The Greater Wilkes-Barre Chamber Of Business And Industry. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $26
- Program Service Revenue: $138,044
- Gross Receipts: $1,068,598
Assets and Liabilities:
- Total Assets: $1,198,739
- Total Liabilities: $1,147,712
- Net Assets: $51,027
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT SUPPORT
Revenue
$138,044
Organization Details
Founding Year
2003
Principal Officer
Lindsay Griffin
Website
www.wyomingvalleychamber.orgNTEE Category
Code: J200 - Employment
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