Cambridge Chamber Of Commerce

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

EIN: 041144780 ✦ Cambridge, MA ✦ Designated as a 501(c)(6)

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Overview

What is Cambridge Chamber Of Commerce?

The Cambridge Chamber of Commerce is a local nonprofit organization situated in Cambridge, Massachusetts. It offers membership to businesses within the community, serving as a bridge for them to connect with potential clients, partners, and employees. By providing resources and facilitating connections, the Chamber empowers its members, both large and small, to thrive. The Chamber's unique offering surpasses that of any other business organization in the city, acting as a conduit for opportunities and channeling resources into local schools and nonprofit organizations. The Chamber offers various platforms for members to connect, such as committees, networking events, publications, and professional development workshops. These events enable members to develop personally and professionally, providing opportunities to build relationships, explore essential business topics, and engage with influential figures in the region's economy. The Chamber's educational programming also fosters relationship building and offers insight into critical business themes. In its mission, the Cambridge Chamber of Commerce aims to enhance the quality of life in Cambridge by fostering a favorable environment for businesses, tourists, and students alike. By engaging local business leaders in governmental and philanthropic activities, educating its members, and serving as a forum for addressing the needs of the Cambridge business community, the Chamber plays a significant role in promoting the city's success.


Official website here: www.cambridgechamber.org

What do the Facebook reviews say about Cambridge Chamber Of Commerce?

While the Cambridge Chamber of Commerce has not yet received a formal rating, the reviews indicate a positive sentiment about its impact. One review praises the organization for its role in empowering the economy, suggesting that its initiatives are well-received and valued by the community.

Overall, those who have taken the time to provide feedback express a strong belief in the Chamber’s mission. It appears to successfully foster economic growth and support for local businesses, reflecting a commitment to community development.

In summary, the Cambridge Chamber of Commerce is viewed positively for its contributions to the economic landscape, with reviewers recommending its efforts and potential impact.


This AI summary has been generated from reviews found on Facebook.

Is Cambridge Chamber Of Commerce legitimate?

Cambridge Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cambridge 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: $185,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $249,468

For more financial information, click here


Official website here: www.cambridgechamber.org

What is the mission statement of Cambridge Chamber Of Commerce?

The Cambridge Chamber of Commerce's mission is centered around improving the business environment and community. It aims to make the place a better place for living, working, conducting business, visiting, and studying. The chamber engages local business leaders in governmental and philanthropic activities, connects and educates its members, and serves as a platform for addressing the needs of the business community in Cambridge. It provides membership to local businesses, connecting them with necessary resources and opportunities, and offers various venues for networking events, committees, publications, and professional development workshops to help its members grow both personally and professionally. The chamber also supports the community by funneling resources into schools and nonprofit organizations.


Official website here: www.cambridgechamber.org

Who is the CEO of Cambridge Chamber Of Commerce?

David Maher is the President/Ceo of Cambridge Chamber Of Commerce. The CEO's salary of Cambridge Chamber Of Commerce is $185,115 and their total compensation is $193,283.


Official website here: www.cambridgechamber.org

What is the revenue of Cambridge Chamber Of Commerce?

Cambridge Chamber Of Commerce's revenue in 2022 was $661,978.


Official website here: www.cambridgechamber.org

Who are the executives of Cambridge Chamber Of Commerce and what are their salaries?

The average compensation at Cambridge Chamber Of Commerce during 2022 was $72,430. There are 6 employees at Cambridge Chamber Of Commerce.


Here are 25 key members and their salaries (Cambridge Chamber Of Commerce's CEO's salary is $185,115 and their total compensation is $193,283):


David Maher (President/Ceo)
  • Compensation: $185,115
  • Related: $0
  • Other: $8,168
Jay Kiely (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Gallop (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Attia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robyn Culbertson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Lee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Lucey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Patenaude (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Schwab (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Benzan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Hope (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mcsweeney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Gittens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Rafferty (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Barron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sasha Purpura (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Nagy-Koechlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Lower (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gulserian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krina Patel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Consalvo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kara Cournoyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gilda Nogueira (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cambridgechamber.org

Where can I find the form 990 for Cambridge Chamber Of Commerce?

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


Official website here: www.cambridgechamber.org

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

Mission Statement of Cambridge Chamber Of Commerce

The Cambridge Chamber of Commerce, a prominent organization, is dedicated to enhancing the livability, work environment, and business prospects of its community. Its mission is multifaceted, encompassing several key objectives. Primarily, the Chamber aims to foster a conducive environment for local businesses to prosper, enabling them to connect with the community, obtain essential resources, and secure clients and employees.

In pursuit of its mission, the Cambridge Chamber of Commerce serves as a crucial intermediary, connecting businesses of varying sizes with the resources they need to thrive. It stands out among other business organizations in the city for its comprehensive offerings, providing a platform for companies to grow and establish themselves. The Chamber's reach extends beyond its members, funneling resources into local schools and nonprofit organizations, thereby bolstering the broader community.

The Chamber offers a diverse range of opportunities for businesses to connect with one another and the general public. These include committees, networking events, publications, and professional development workshops. Through these platforms, the Chamber enables its members to grow both personally and professionally. Moreover, its educational programming offers chances to forge new relationships, explore topics crucial to contemporary business success, and engage with influential figures who shape the regional economy.

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Impact




October, 2024

The Cambridge Chamber of Commerce plays a critical role in enhancing the local business landscape and fostering community connections in Cambridge, Massachusetts. By engaging local business leaders in both governmental and philanthropic activities, it ensures that the voices and needs of the business community are represented and addressed effectively.

The chamber provides a framework for membership that facilitates connections between businesses and their local community, enabling them to access essential products, services, clients, and employees. This connectivity creates a collaborative environment in which both small and large enterprises can thrive, making the chamber an invaluable resource for navigating the local economy.

Through various platforms such as committees, networking events, publications, and professional development workshops, the chamber offers ample opportunities for members to expand their networks and enhance their skills. Its educational programming is designed to equip businesses with the knowledge needed to succeed in a competitive market, allowing members to build meaningful relationships and engage in important discussions around critical issues.

Furthermore, the chamber acts as a conduit for many businesses to channel resources into local schools and organizations, contributing to community improvement and strengthening the fabric of Cambridge. By facilitating interactions with influential business, political, and public figures, the chamber enhances the region's economic landscape, making Cambridge a better place to live, work, and visit.




This information is meant to be a general summary of Cambridge 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
$661,978 (2022)
Expenses
$758,683 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,256
  • Program Service Revenue: $350,034
  • Gross Receipts: $955,829

Assets and Liabilities:

  • Total Assets: $1,246,781
  • Total Liabilities: $163,226
  • Net Assets: $1,083,555

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Programs

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

PROGRAM INCOME

Revenue

$350,034

Organization Details

Founding Year

1928

Principal Officer

David Maher

Main Address

600 ONE KENDALL SQUARE 6-105, CAMBRIDGE, MA, 02139

NTEE Category

Code: S41 - Community improvement

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