Milford Area Chamber Of Commerce Inc

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

EIN: 042435427 ✦ Milford, MA ✦ Designated as a 501(c)(6)

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Overview

What is Milford Area Chamber Of Commerce Inc?

Milford Area Chamber of Commerce Inc, situated in Milford, Massachusetts, is a nonprofit organization with around 400 members. Their primary mission is to enhance the commercial, industrial, civic, professional, agricultural, cultural, educational, and social welfare of the community. They achieve this by offering a comprehensive range of benefits and networking services to their members. These services are designed to foster growth and development within the greater Milford area. The organization operates with a dedicated team of four employees, demonstrating their commitment to their mission.


Official website here: www.milfordchamber.org

Is Milford Area Chamber Of Commerce Inc legitimate?

Milford Area Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Milford Area 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: $95,638
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,867

For more financial information, click here


Official website here: www.milfordchamber.org

What is the mission statement of Milford Area Chamber Of Commerce Inc?

The Milford Area Chamber of Commerce Inc's mission is centered around enhancing the commercial, industrial, civic, professional, agricultural, cultural, educational, and social well-being of a broader community. Their primary goal is to foster growth and development across various sectors, aiming to improve the lives of its constituents. The organization provides a range of benefits and networking services to its approximately 400 members, contributing to the overall prosperity and progress of the community.


Official website here: www.milfordchamber.org

Who is the CEO of Milford Area Chamber Of Commerce Inc?

Laura Ocallaghan is the Director of Milford Area Chamber Of Commerce Inc. The CEO's salary of Milford Area Chamber Of Commerce Inc is $0 and their total compensation is $0.


Official website here: www.milfordchamber.org

What is the revenue of Milford Area Chamber Of Commerce Inc?

Milford Area Chamber Of Commerce Inc's revenue in 2022 was $195,433.


Official website here: www.milfordchamber.org

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

The average compensation at Milford Area Chamber Of Commerce Inc during 2022 was $37,126. There are 4 employees at Milford Area Chamber Of Commerce Inc.


Here are 17 key members and their salaries (Milford Area Chamber Of Commerce Inc's CEO's salary is $0 and their total compensation is $0):


Elizabeth Fleming (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Spencer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Moran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Chalk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ariane Morias (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krishna Swanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Andrie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miguelina Peralta-Bobrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Reardon (Director & Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olympia Caswell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Gallo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Coyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Carrara (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Doucette (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Coffey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Buckley (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Ocallaghan (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.milfordchamber.org

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

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


Official website here: www.milfordchamber.org

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

Mission Statement of Milford Area Chamber Of Commerce Inc

The Milford Area Chamber of Commerce Inc, a prominent organization, is dedicated to enhancing the commercial, industrial, civic, professional, agricultural, cultural, educational, and social welfare of the community residing in the greater Milford region. By undertaking this mission, the chamber aims to foster a thriving and prosperous environment for its members and the wider community. The chamber provides a multitude of benefits and networking services to its approximately 400 members, thereby supporting the growth and success of local businesses and organizations.

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Impact




October, 2024

The Milford Area Chamber of Commerce Inc plays a crucial role in enhancing the community of Greater Milford, MA. With around 400 members, it fosters a vibrant local economy by promoting commercial and industrial development. The Chamber provides a wide array of benefits and networking opportunities, connecting businesses and professionals, which in turn strengthens the local business ecosystem.

Its commitment to civic, cultural, educational, and social welfare drives initiatives that improve the overall quality of life for residents. Through various programs and events, the Chamber advocates for the interests of its members while engaging in community improvement efforts that benefit everyone in the area. By facilitating collaboration and sharing resources, the Milford Area Chamber of Commerce significantly contributes to a thriving community, resulting in economic growth and a richer social fabric for the people of Greater Milford.




This information is meant to be a general summary of Milford Area 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
$195,433 (2022)
Expenses
$224,845 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2
  • Program Service Revenue: $147,568
  • Gross Receipts: $207,807

Assets and Liabilities:

  • Total Assets: $79,531
  • Total Liabilities: $7,641
  • Net Assets: $71,890

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Programs

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

Info Shrng & Asst Prgms

Revenue

$48,568

Membership Dues

Revenue

$95,165

Website advertising

Revenue

$3,835

Organization Details

Founding Year

1922

Principal Officer

Laura Ocallaghan

Main Address

258 Main Street STE 306, Milford, MA, 01757

NTEE Category

Code: S41 - Community improvement

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