Lexington Chamber Of Commerce Inc

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

EIN: 041542107 ✦ Lexington, MA ✦ Designated as a 501(c)(6)

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Overview

What is Lexington Chamber Of Commerce Inc?

The Lexington Chamber of Commerce Inc, located at 1620 Massachusetts Ave, Lexington, MA 02420, is a nonprofit organization with a mission to elevate Lexington as an ideal place for work, living, and visiting, preserving the historical charm of the town. Their primary objective is to foster a thriving local economy in Lexington, Massachusetts, thereby enhancing the town's overall prosperity and, ultimately, improving the quality of life for its residents. With a dedicated team of three individuals, they strive to promote and develop various business ventures within the community.


Official website here: www.lexingtonchamber.org

What do the Facebook reviews say about Lexington Chamber Of Commerce Inc?

94% of seven reviews on Facebook indicate a strong endorsement for the Lexington Chamber Of Commerce Inc. Members express that participation in the Chamber significantly enhances their business visibility within the community and expands their professional network.

Many reviewers appreciate the opportunities provided to connect with other professionals and businesses, suggesting that the Chamber serves as a valuable resource for local business growth. The sense of community and support from fellow members is also highlighted, with individuals noting positive experiences in their interactions.

Overall, the consensus is that joining the Lexington Chamber of Commerce is beneficial for businesses looking to thrive and engage more deeply within the local community.


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

Is Lexington Chamber Of Commerce Inc legitimate?

Lexington Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lexington 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: $55,176
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lexingtonchamber.org

What is the mission statement of Lexington Chamber Of Commerce Inc?

The Lexington Chamber of Commerce Inc's mission is centered around promoting and fostering a diversified local economy, aiming to enhance the overall prosperity within its business community. This objective is designed to ultimately improve the quality of life for the community as a whole. In addition, the organization works towards making the community a more appealing place for both work and leisure, respecting the historical significance of the town.


Official website here: www.lexingtonchamber.org

What is the revenue of Lexington Chamber Of Commerce Inc?

Lexington Chamber Of Commerce Inc's revenue in 2024 was $103,396.


Official website here: www.lexingtonchamber.org

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

The average compensation at Lexington Chamber Of Commerce Inc during 2024 was $18,392. There are 3 employees at Lexington Chamber Of Commerce Inc.

Here are 19 key members and their salaries:


Heather Hartshorn (Executive Director)
  • Compensation: $44,671
  • Related: $0
  • Other: $0
Susan Derosa (Bookkeeper)
  • Compensation: $6,505
  • Related: $0
  • Other: $0
Maija Sawyer Puleo (Executive Director)
  • Compensation: $4,000
  • Related: $0
  • Other: $0
Jaima Fogg (Ad Hoc Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandhya Iyer (Ad Hoc Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gardy Desrouleaux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cleveland Coats (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Shaw (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Liyun Zhang (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veronica Caira (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Sevigny (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Husam Alsayed Ali (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Finn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Feldman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Honey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Areg Hakhinian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cooper Robbins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shiobanne Karampekios (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andreina Toro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lexingtonchamber.org

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

Lexington Chamber Of Commerce Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.lexingtonchamber.org

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

Mission Statement of Lexington Chamber Of Commerce Inc

The Lexington Chamber of Commerce Inc is dedicated to fostering a diverse local economy and enhancing the overall prosperity within the business community of Lexington, Massachusetts. Their mission is to contribute to an improved quality of life for the town and its residents. The organization strives to make Lexington an appealing place for work, living, and visiting, drawing upon the town's rich historical significance. In essence, the Lexington Chamber of Commerce Inc works to promote and develop the local economy, ultimately leading to a more prosperous community for all.

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Impact




October, 2024

Lexington Chamber of Commerce Inc actively contributes to the local economy by fostering a diverse business environment that enhances the overall prosperity of Lexington, Massachusetts. By promoting economic growth and supporting local enterprises, the Chamber helps create a thriving commercial landscape that benefits residents and visitors alike. Its initiatives aim to improve the quality of life in Lexington, ensuring that the town remains an attractive place to work, live, and visit. Additionally, the Chamber's commitment to preserving the town's historical significance while facilitating community improvement makes it a vital player in maintaining Lexington's unique character and charm. Through networking opportunities, resources, and advocacy, the Chamber empowers local businesses and strengthens community ties, ultimately leading to a more vibrant and engaged community.




This information is meant to be a general summary of Lexington 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
$103,396 (2024)
Expenses
$117,349 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $4,002
  • Gross Receipts: $103,396

Assets and Liabilities:

  • Total Assets: $156,356
  • Total Liabilities: $88,753
  • Net Assets: $67,603

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Organization Details

Founding Year

1930

Principal Officer

Heather Hartshorn

NTEE Category

Code: S41 - Community improvement

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