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Queens Chamber Of Commerce Foundation Inc

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

EIN: 113514824 ✦ Jackson heights, NY ✦ Designated as a 501(c)(3)

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Overview

What is Queens Chamber Of Commerce Foundation Inc?

Queens Chamber of Commerce Foundation Inc is a nonprofit organization situated in Jackson Heights, New York, specifically at 75-20 Astoria Blvd. Their primary mission is to provide financial aid in the form of scholarships to deserving students. Beyond education, they also offer support to businesses encountering catastrophic losses. With a team of seven dedicated individuals, the foundation plays a significant role in the local community, contributing to the education and economic recovery of its members.

Is Queens Chamber Of Commerce Foundation Inc legitimate?

Queens Chamber Of Commerce Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Queens Chamber Of Commerce Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $342,988

For more financial information, click here

What is the mission statement of Queens Chamber Of Commerce Foundation Inc?

The Queens Chamber of Commerce Foundation Inc is dedicated to providing assistance in two key areas. Firstly, they offer scholarships to students, aiming to support their educational pursuits. Secondly, the foundation extends aid to businesses that have suffered significant losses due to catastrophic events. Their mission is geared towards fostering educational opportunities and providing financial relief to businesses in need.

Who is the CEO of Queens Chamber Of Commerce Foundation Inc?

Marian Conway is the Chair of Queens Chamber Of Commerce Foundation Inc.

What is the revenue of Queens Chamber Of Commerce Foundation Inc?

Queens Chamber Of Commerce Foundation Inc's revenue in 2022 was $866,080.

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

The average compensation at Queens Chamber Of Commerce Foundation Inc during 2022 was $48,998. There are 7 employees at Queens Chamber Of Commerce Foundation Inc.


Here are 12 key members and their salaries:


Terri Thomson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marian Conway (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas J Grech (Vice President)
  • Compensation: $0
  • Related: $211,910
  • Other: $8,181
Judy Ng (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayra Dirico (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Adams (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Hershenson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Bienstock (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Racanelli (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Kupferberg (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Auld (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne M Persad (Chief Of Operations)
  • Compensation: $0
  • Related: $121,497
  • Other: $13,203
Where can I find the form 990 for Queens Chamber Of Commerce Foundation Inc?

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

Mission Statement of Queens Chamber Of Commerce Foundation Inc

The Queens Chamber of Commerce Foundation Inc is an organization dedicated to providing assistance in two key areas. Firstly, it offers scholarships to students, aiming to support their educational pursuits. Secondly, the foundation extends its support to businesses that have experienced catastrophic losses. By offering scholarships, the foundation is investing in the future of its community's youth, while its business support initiatives provide a lifeline to businesses in times of need. The mission of Queens Chamber of Commerce Foundation Inc is thus multifaceted, seeking to foster both individual and community growth through education and business resilience.

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Impact




July, 2024

Queens Chamber Of Commerce Foundation Inc provides scholarships to students and support for businesses suffering catastrophic losses in Jackson Heights, NY. By offering financial assistance to students and businesses in need, the organization plays a crucial role in fostering community improvement and resilience. Through its support initiatives, the foundation contributes positively to the development and well-being of individuals and businesses in the area.




This information is meant to be a general summary of Queens Chamber Of Commerce 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
$866,080 (2022)
Expenses
$878,497 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $866,080

Assets and Liabilities:

  • Total Assets: $272,060
  • Total Liabilities: $133,898
  • Net Assets: $138,162

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Organization Details

Founding Year

2013

Principal Officer

Marian Conway

Main Address

75-20 ASTORIA BLVD, JACKSON HEIGHTS, NY, 11370

NTEE Category

Code: S41 - Community improvement

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