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The Chamber Of Commerce Of Eastern Connecticut Foundation Inc

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

EIN: 061419657 ✦ Waterford, CT ✦ Designated as a 501(c)(3)

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Overview

What is The Chamber Of Commerce Of Eastern Connecticut Foundation Inc?

The Chamber of Commerce of Eastern Connecticut Foundation Inc is a charitable organization that annually hosts a Holiday Gala event. This event serves as a holiday auction, with the primary objective of supporting local children's charities during the Christmas season. The Mohegan Sun generously donates the facility use, providing a value of $25,000. Any additional costs incurred for the facility and food are covered by the foundation itself. This community-focused initiative contributes significantly to the well-being of children in need during the holiday season.


Official website here: www.chamberect.com

What do the Facebook reviews say about The Chamber Of Commerce Of Eastern Connecticut Foundation Inc?

92% of 7 reviewers on Facebook recommend The Chamber Of Commerce Of Eastern Connecticut Foundation Inc. Here is a summary of their reviews:

Many participants praise the organization for its strong networking opportunities, highlighting the chance to connect with various professionals and businesses within the community. The positive sentiments indicate that members find value in the connections and collaborations that the chamber facilitates.

Overall, the organization seems to successfully meet the expectations of its members, fostering a supportive environment that helps local businesses thrive.


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

Is The Chamber Of Commerce Of Eastern Connecticut Foundation Inc legitimate?

The Chamber Of Commerce Of Eastern Connecticut Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Chamber Of Commerce Of Eastern Connecticut Foundation Inc submitted a form 990EZ, 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.chamberect.com

What is the mission statement of The Chamber Of Commerce Of Eastern Connecticut Foundation Inc?

The Chamber of Commerce of Eastern Connecticut Foundation Inc carries out an annual Holiday Gala, serving as a significant holiday auction event. This event aims to support local children's charities during the Christmas season. The event's venue, worth $25,000, is generously donated by Mohegan Sun. Any additional expenses, such as facility and food costs, are covered by the foundation. The primary objective of this annual event is to contribute to the well-being of underprivileged children in the community during the festive season.


Official website here: www.chamberect.com

What is the revenue of The Chamber Of Commerce Of Eastern Connecticut Foundation Inc?

The Chamber Of Commerce Of Eastern Connecticut Foundation Inc's revenue in 2023 was $125,916.


Official website here: www.chamberect.com

Who are the executives of The Chamber Of Commerce Of Eastern Connecticut Foundation Inc and what are their salaries?

Here are 10 key members and their salaries:


Lou Ziegler (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Deperry (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Roman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Yuchniuk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Woods (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Gilbert (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Wainright (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ornet Hines (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Ericson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Sheridan (Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chamberect.com

Where can I find the form 990EZ for The Chamber Of Commerce Of Eastern Connecticut Foundation Inc?

The Chamber Of Commerce Of Eastern Connecticut Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.chamberect.com

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

Mission Statement of The Chamber Of Commerce Of Eastern Connecticut Foundation Inc

The Chamber of Commerce of Eastern Connecticut Foundation Inc is committed to making a difference in the lives of local children during the holiday season. Their primary mission is to organize an annual holiday auction event, known as the Holiday Gala. This event, held at Mohegan Sun, serves as a significant fundraiser for various children's charities, providing them with much-needed support at Christmastime. The foundation covers the cost of using the facility, valued at $25,000, while any additional expenses related to facility and food are taken care of. This selfless initiative by The Chamber of Commerce of Eastern Connecticut Foundation Inc not only contributes to the festive spirit but also plays a crucial role in uplifting the lives of less fortunate children in the community.

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Impact




October, 2024

The Chamber Of Commerce Of Eastern Connecticut Foundation Inc significantly impacts the local community through its annual Holiday Gala, which benefits children's charities during the Christmas season. By organizing this event, they create a platform that not only raises essential funds for these charities but also fosters a spirit of generosity and community involvement.

A key aspect of the Holiday Gala is the generous donation of the venue by Mohegan Sun, valued at $25,000. This support enables the organization to minimize expenses related to the event, allowing a higher percentage of the funds raised to go directly to the children’s charities in need. The event brings together local businesses and community members, creating a sense of unity and collective responsibility towards improving the lives of local children.

Moreover, the event underlines the importance of local arts and culture, as it likely incorporates artistic elements into the gala, enhancing the overall experience and bringing attention to the creative talents present in the community. Overall, the Chamber of Commerce of Eastern Connecticut Foundation Inc plays a pivotal role in supporting children and the local arts while strengthening community bonds through its impactful initiatives.




This information is meant to be a general summary of The Chamber Of Commerce Of Eastern Connecticut Foundation 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
$125,916 (2023)
Expenses
$129,721 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,501
  • Program Service Revenue: $115,685
  • Gross Receipts: $128,736

Assets and Liabilities:

  • Total Assets: $322,564
  • Total Liabilities: $82,128
  • Net Assets: $240,436

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Organization Details

Principal Officer

Holly Deperry

NTEE Category

Code: A99 - Arts

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