Lake Champlain Regional Chamber Of Commerce Inc

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

EIN: 030108780 ✦ Burlington, VT ✦ Designated as a 501(c)(6)

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Overview

What is Lake Champlain Regional Chamber Of Commerce Inc?

Lake Champlain Regional Chamber of Commerce Inc is a nonprofit organization committed to fostering a prosperous private sector economy. By leveraging education, advocacy, and programs, they aim to enhance the welfare of their members and the community as a whole. Their mission is to serve as a catalyst for growth, promoting a thriving business environment that benefits everyone in the region.


Official website here: www.lccvermont.org

Is Lake Champlain Regional Chamber Of Commerce Inc legitimate?

Lake Champlain Regional Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lake Champlain Regional Chamber Of Commerce Inc 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: $235,520
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,014

For more financial information, click here


Official website here: www.lccvermont.org

What is the mission statement of Lake Champlain Regional Chamber Of Commerce Inc?

The Lake Champlain Regional Chamber of Commerce Inc. works towards advocating for a prosperous private sector economy, benefiting its members and the community at large. They achieve this goal through various means, including education, advocacy, and the implementation of programs. The organization's mission is to foster an environment that encourages growth and success within the private sector, ultimately contributing to the betterment of the community as a whole.


Official website here: www.lccvermont.org

Who is the CEO of Lake Champlain Regional Chamber Of Commerce Inc?

Catherine Davis is the Past Chair of Lake Champlain Regional Chamber Of Commerce Inc.


Official website here: www.lccvermont.org

What is the revenue of Lake Champlain Regional Chamber Of Commerce Inc?

Lake Champlain Regional Chamber Of Commerce Inc's revenue in 2022 was $2,593,316.


Official website here: www.lccvermont.org

Who are the executives of Lake Champlain Regional Chamber Of Commerce Inc and what are their salaries?

The average compensation at Lake Champlain Regional Chamber Of Commerce Inc during 2022 was $8,579. There are 32 employees and 22 volunteers at Lake Champlain Regional Chamber Of Commerce Inc.


Here are 22 key members and their salaries:


Gregory Maguire (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Wainer (Chair (Start 10/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Birnn Fields (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Leff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Bridges (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Buswell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Chaffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Gallivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Halpern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Leonard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Richards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tinotenda Tino Charles Rutanhira (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Vincent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Worthen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Kingsbury (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Traverse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Lane (Vice Chair (Start 10/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Shirk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Wisehart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Davis (President)
  • Compensation: $94,373
  • Related: $0
  • Other: $18,478
Patrick Oneil (Vp Of Finance & Ops)
  • Compensation: $102,108
  • Related: $0
  • Other: $6,412


Official website here: www.lccvermont.org

Where can I find the form 990 for Lake Champlain Regional Chamber Of Commerce Inc?

Lake Champlain Regional Chamber Of Commerce Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lccvermont.org

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

Mission Statement of Lake Champlain Regional Chamber Of Commerce Inc

The Lake Champlain Regional Chamber of Commerce Inc is committed to advocating for the prosperity of the private sector economy, primarily for its members and the wider community. It achieves this goal by employing a three-pronged approach: education, advocacy, and programs. Through these strategies, the organization aims to foster a thriving economic climate that benefits all its stakeholders.

In essence, the Chamber serves as a champion for businesses, utilizing its resources to promote knowledge and understanding of economic trends and issues. It does this by offering educational opportunities that equip its members with the necessary skills and insights to navigate the ever-changing business landscape. Furthermore, the Chamber actively engages in advocacy efforts to influence policy decisions that positively impact the private sector economy. Lastly, it provides a range of programs tailored to meet the specific needs of its members, thereby empowering them to grow and succeed in their respective industries.

In summary, the Lake Champlain Regional Chamber of Commerce Inc is an influential nonprofit organization that seeks to enhance the private sector economy by providing education, advocating for favorable policies, and offering relevant programs. By doing so, it aims to contribute to the overall well-being of its members and the community as a whole.

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Impact




October, 2024

The Lake Champlain Regional Chamber of Commerce Inc fosters a vibrant private sector economy in the Burlington, Vermont area by focusing on education, advocacy, and a variety of programs. Through its initiatives, the Chamber creates opportunities for local businesses to grow and thrive, ultimately benefiting the broader community. By advocating for business interests and providing valuable resources, it strengthens the economic landscape, encourages collaboration, and promotes community improvement. The Chamber's efforts not only support its members but also enhance the overall quality of life in the region, making it a pivotal player in local economic development.




This information is meant to be a general summary of Lake Champlain Regional Chamber Of Commerce 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
$2,593,316 (2022)
Expenses
$2,211,091 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$31,422
  • Program Service Revenue: $2,002,992
  • Gross Receipts: $3,290,239

Assets and Liabilities:

  • Total Assets: $3,496,080
  • Total Liabilities: $545,883
  • Net Assets: $2,950,197

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HELLO BURLINGTON

Revenue

$611,924

MEMBERSHIP DUES

Revenue

$608,076

SOUTH REST AREA

Revenue

$221,864

NORTH REST AREA

Revenue

$221,864

Organization Details

Founding Year

1911

Principal Officer

Catherine Davis

Main Address

60 MAIN STREET 100, BURLINGTON, VT, 05401

NTEE Category

Code: S41 - Community improvement

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