Waltham Chamber Of Commerce Inc

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

EIN: 041944360 ✦ Waltham, MA ✦ Designated as a 501(c)(6)

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Overview

What is Waltham Chamber Of Commerce Inc?

Waltham Chamber of Commerce Inc, located at 84 South Street, Waltham, Massachusetts, is a nonprofit organization with a mission to foster economic growth and opportunities for its members and contribute to the community's overall quality of life. They achieve this through leadership, education, information dissemination, and advocacy. The chamber's programs aim to coordinate the concerns and efforts of the local business and professional community, aiming to enhance the local business climate. With a staff of two individuals, the Waltham Chamber of Commerce Inc plays a significant role in promoting the growth and prosperity of its members and the community at large.


Official website here: www.walthamchamber.com

Is Waltham Chamber Of Commerce Inc legitimate?

Waltham Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Waltham 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: $94,223
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,401

For more financial information, click here


Official website here: www.walthamchamber.com

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

The Waltham Chamber of Commerce Inc is committed to fostering robust economic growth and prospects for its membership, simultaneously ensuring a high standard of community life. They achieve this goal through leadership, education, dissemination of information, and advocacy. By coordinating the concerns and initiatives of the business and professional community, the chamber works towards enhancing the local business environment. Their programs contribute significantly to this endeavor.


Official website here: www.walthamchamber.com

Who is the CEO of Waltham Chamber Of Commerce Inc?

Molyna Richards is the Director of Waltham Chamber Of Commerce Inc.


Official website here: www.walthamchamber.com

What is the revenue of Waltham Chamber Of Commerce Inc?

Waltham Chamber Of Commerce Inc's revenue in 2022 was $312,945.


Official website here: www.walthamchamber.com

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

The average compensation at Waltham Chamber Of Commerce Inc during 2022 was $69,812. There are 2 employees and 8 volunteers at Waltham Chamber Of Commerce Inc.


Here are 19 key members and their salaries:


Andrea Dine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Braceland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas G Waybright (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoffrey B Stanton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Donaghey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Lorgeree (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Porter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Connors (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia A Deveaux (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert P Clement (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shishir Mehta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Lele (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Sheehan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Saporito (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gardy Desrouleaux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Schindler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molyna Richards (Executive Director)
  • Compensation: $87,311
  • Related: $0
  • Other: $0


Official website here: www.walthamchamber.com

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

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


Official website here: www.walthamchamber.com

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

Mission Statement of Waltham Chamber Of Commerce Inc

Waltham Chamber of Commerce Inc is committed to fostering robust economic growth and prospects for its membership while ensuring a strong quality of life for the community. They achieve this mission through various means, including leadership, education, dissemination of information, and advocacy. The Chamber's activities serve to coordinate the concerns and initiatives of the local business and professional community, aiming to enhance the local business environment.

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Impact




October, 2024

Waltham Chamber Of Commerce Inc significantly enhances the local economy and community quality of life through various initiatives aimed at promoting economic growth and opportunity. By coordinating the efforts and addressing the concerns of local businesses and professionals, the Chamber fosters a collaborative environment that drives improvements in the business climate.

Through leadership, education, and advocacy, the Chamber empowers its members with valuable resources and information that enhance their operations and competitiveness. The impact extends beyond just the business sector; the Chamber’s work contributes to a vibrant community by ensuring that economic development translates into increased opportunities for residents, strengthening the local network of businesses, and ultimately enriching the overall quality of life in Waltham.




This information is meant to be a general summary of Waltham 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
$312,945 (2022)
Expenses
$346,422 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $142
  • Program Service Revenue: $143,389
  • Gross Receipts: $312,945

Assets and Liabilities:

  • Total Assets: $193,310
  • Total Liabilities: $26,999
  • Net Assets: $166,311

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Programs

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

MEMBERSHIP DUES

Revenue

$102,529

GOLF OUTING

Revenue

$12,795

SEMINARS & MEMBER SRVC

Revenue

$6,090

MEMBERSHIP DIRECTORY

Revenue

$5,675

BREAKFAST/LUNCHEON PRO

Revenue

$5,501

Organization Details

Founding Year

1916

Principal Officer

Molyna Richards

Main Address

84 SOUTH STREET, WALTHAM, MA, 024533537

NTEE Category

Code: S41 - Community improvement

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