Okemo Valley Regional Chamber Of Commerce

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

EIN: 030266353 ✦ Ludlow, VT ✦ Designated as a 501(c)(6)

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Overview

What is Okemo Valley Regional Chamber Of Commerce?

The Okemo Valley Regional Chamber of Commerce, located in Ludlow, Vermont, serves as a nonprofit organization primarily focused on boosting the local economy and community. Through Program Service expenses, it endeavors to promote local businesses and events, ultimately contributing to the area's growth and development. As a Chamber of Commerce, its primary mission is to showcase the region and nearby towns to tourists. Over the past year, the organization has engaged in various activities, including hosting Mixers year-round, publishing two issues of Okemo Valley Magazine, organizing a golf tournament, and hosting a summer festival. With a team of just two dedicated individuals, the Okemo Valley Regional Chamber of Commerce plays a significant role in showcasing and enhancing the local community.


Official website here: www.yourplaceinvermont.com

Is Okemo Valley Regional Chamber Of Commerce legitimate?

Okemo Valley Regional Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Okemo Valley Regional 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: $62,305
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,820

For more financial information, click here


Official website here: www.yourplaceinvermont.com

What is the mission statement of Okemo Valley Regional Chamber Of Commerce?

The Okemo Valley Regional Chamber of Commerce serves as a promotional agency, primarily focusing on advocating for the area and its nearby towns to attract tourists. In line with its mission, the organization has been actively engaging in various activities. Over the past year, they have organized Mixers throughout the year, published two issues of Okemo Valley Magazine, and hosted a golf tournament and summer festival. These initiatives are primarily aimed at boosting the local economy and enhancing the community by showcasing local businesses and events. The organization's primary expenses are associated with promoting these services to achieve its objectives.


Official website here: www.yourplaceinvermont.com

Who is the CEO of Okemo Valley Regional Chamber Of Commerce?

Carol Lighthall is the Executive Director of Okemo Valley Regional Chamber Of Commerce.


Official website here: www.yourplaceinvermont.com

What is the revenue of Okemo Valley Regional Chamber Of Commerce?

Okemo Valley Regional Chamber Of Commerce's revenue in 2022 was $333,271.


Official website here: www.yourplaceinvermont.com

Who are the executives of Okemo Valley Regional Chamber Of Commerce and what are their salaries?

The average compensation at Okemo Valley Regional Chamber Of Commerce during 2022 was $44,562. There are 2 employees and 50 volunteers at Okemo Valley Regional Chamber Of Commerce.


Here are 5 key members and their salaries:


Gail Beardmore (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Gianola (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Duffy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Art Randolph (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Lighthall (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.yourplaceinvermont.com

Where can I find the form 990 for Okemo Valley Regional Chamber Of Commerce?

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


Official website here: www.yourplaceinvermont.com

Learn more at the official website: www.yourplaceinvermont.com

Mission Statement of Okemo Valley Regional Chamber Of Commerce

The Okemo Valley Regional Chamber of Commerce, serving as a Chamber of Commerce, is dedicated to promoting the area and its surrounding towns to tourists. Its primary objective is to boost the local economy and community by showcasing local businesses and events. To accomplish this mission, the organization has engaged in various activities throughout the past year. These include hosting Mixers year-round, publishing two issues of Okemo Valley Magazine, organizing a golf tournament, and orchestrating a summer festival. These initiatives serve to attract tourists and generate interest in the local businesses and events, ultimately benefiting the community as a whole.

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Impact




October, 2024

The Okemo Valley Regional Chamber of Commerce plays a significant role in boosting the local economy and enhancing community vitality in Ludlow, Vermont, and its surrounding areas. By focusing on promoting local businesses and events to tourists, the chamber helps to attract visitors to the region, which in turn stimulates economic growth.

Through various initiatives, the chamber organizes year-round mixers that foster networking among local businesses, providing opportunities for collaboration and support within the community. Additionally, the publication of the Okemo Valley Magazine serves as a vital marketing tool, showcasing attractions, events, and local businesses to a wider audience.

Events such as the golf tournament and summer festival not only create a sense of community but also draw tourists, further enhancing visibility and engagement with the area. Overall, the work of the Okemo Valley Regional Chamber of Commerce significantly contributes to community improvement and local economic development by encouraging tourism and supporting local enterprises.




This information is meant to be a general summary of Okemo Valley Regional 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.

Revenue
$333,271 (2022)
Expenses
$345,383 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $210,732
  • Gross Receipts: $377,791

Assets and Liabilities:

  • Total Assets: $44,281
  • Total Liabilities: $70,810
  • Net Assets: -$26,529

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Organization Details

Founding Year

1956

Principal Officer

Carol Lighthall

Main Address

PO Box 333, Ludlow, VT, 05149

NTEE Category

Code: S41 - Community improvement

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