Overview
What is Vermont Chamber Of Commerce?
The Vermont Chamber of Commerce is a nonprofit organization situated in Montpelier, Vermont. Their primary mission is to foster an economic climate conducive to business growth and the preservation of the state's quality of life. They achieve this goal by publishing and distributing an annual tourism guidebook, titled the Vermont Annual Inspiration Guide. This comprehensive guidebook serves as a valuable resource for both members and non-members, offering print and web-based advertisements and listings for businesses in the tourism industry. For members, this service comes with a discount as a membership benefit. The Chamber's activities in the realm of travel and tourism incur expenses primarily related to printing and distribution, as well as salaries and benefits for advertising sales and support staff. With a team of 27 employees, the Vermont Chamber of Commerce plays a significant role in promoting Vermont's tourism industry and supporting local businesses.
Official website here: www.vtchamber.com
Is Vermont Chamber Of Commerce legitimate?
Vermont Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Vermont Chamber Of Commerce 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: $209,733
Professional Fundraising Fees: $0
Other Salaries and Wages: $844,949
For more financial information, click here
Official website here: www.vtchamber.com
What is the mission statement of Vermont Chamber Of Commerce?
The Vermont Chamber of Commerce's mission is centered around fostering an environment that encourages business growth while preserving the unique quality of life in Vermont. To accomplish this, they publish and distribute an annual tourism guidebook, known as the Vermont Annual Inspiration Guide, and manage a statewide tourism business directory. Both the magazine and directory offer advertising opportunities for both members and non-members, with members benefitting from discounted rates. These activities contribute to the Chamber's mission by promoting economic growth in the state. Expenses related to travel and tourism primarily involve printing and distribution costs, along with salaries and benefits for advertising sales and support staff.
Official website here: www.vtchamber.com
Who is the CEO of Vermont Chamber Of Commerce?
Bethany Bishop is the President/Se of Vermont Chamber Of Commerce.
Official website here: www.vtchamber.com
What is the revenue of Vermont Chamber Of Commerce?
Vermont Chamber Of Commerce's revenue in 2022 was $1,449,444.
Official website here: www.vtchamber.com
Who are the executives of Vermont Chamber Of Commerce and what are their salaries?
The average compensation at Vermont Chamber Of Commerce during 2022 was $39,062. There are 27 employees and 25 volunteers at Vermont Chamber Of Commerce.
Here are 23 key members and their salaries:
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Official website here: www.vtchamber.com
Where can I find the form 990 for Vermont Chamber Of Commerce?
Vermont Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vtchamber.com
Learn more at the official website: www.vtchamber.com
Mission Statement of Vermont Chamber Of Commerce
The Vermont Chamber of Commerce is dedicated to establishing an economic climate that fosters business growth and preserves the distinctive quality of life in Vermont. To achieve this mission, the organization takes an active role in the travel and tourism sector. They produce an annual guidebook, the Vermont Annual Inspiration Guide, which promotes tourism in the state. Furthermore, the Chamber manages a statewide tourism business directory, offering advertising opportunities for both members and non-members. Members of the Chamber benefit from discounted advertisements, contributing to the organization's goal of creating a conducive economic climate for business growth. The Chamber's expenses related to travel and tourism mainly involve printing and distribution costs, as well as the salaries and benefits for advertising sales and support staff.
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Impact
October, 2024
The Vermont Chamber of Commerce plays a crucial role in fostering an economic climate that supports business growth while preserving the unique quality of life in Vermont. By producing annual publications like the Vermont Annual Inspiration Guide and managing a statewide tourism business directory, the Chamber effectively promotes travel and tourism across the state. These resources not only serve as valuable advertising platforms for members and non-members alike, but they also enhance the visibility of Vermont as an attractive destination for visitors, which in turn stimulates the local economy.
The Chamber's initiatives aim to create and maintain an environment conducive to business success, offering discounts and benefits that encourage local enterprises to thrive. This commitment to community improvement not only supports individual businesses but also contributes to the overall economic health of Vermont, making it a vibrant place to live, work, and visit. Through its focused efforts, the Vermont Chamber of Commerce strengthens both the business landscape and the community fabric of the state.
This information is meant to be a general summary of Vermont Chamber Of Commerce. 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 2022.
- Investment Income: $24,020
- Program Service Revenue: $1,420,330
- Gross Receipts: $1,449,444
Assets and Liabilities:
- Total Assets: $2,151,234
- Total Liabilities: $439,471
- Net Assets: $1,711,763
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$573,228
PUBLICATIONS
Revenue
$252,887
MANAGEMENT CONTRACTS
Revenue
$222,420
PROGRAM REVENUE
Revenue
$131,074
EVENTS
Revenue
$123,625
Organization Details
Founding Year
1950
Phone
(802) 223-3443Principal Officer
Bethany Bishop
Main Address
PO BOX 37, MONTPELIER, VT, 05601
Website
www.vtchamber.comNTEE Category
Code: S41 - Community improvement
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