Overview
What is National Gay & Lesbian Chamber Of Commerce?
The National Gay & Lesbian Chamber of Commerce (NGLCC), situated in Washington D.C., is a nonprofit organization dedicated to championing the success of lesbian, gay, bisexual, and transgender (LGBT) owned businesses, professionals, students, and corporations. Their primary mission involves advocating for these entities, forming a broad coalition, and fostering growth, innovation, and equality within the LGBT community. NGLCC offers Supplier Diversity Initiative (SDI) certification to LGBT enterprises, thereby enhancing their business visibility to corporations seeking to work with them. The SDI also provides opportunities for face-to-face meetings with potential suppliers at NGLCC's match-making events across the country. In recent years, NGLCC has expanded its SDI efforts overseas, particularly in South America. As of the provided information, the organization employs approximately 25 individuals. While the specific activities or programs mentioned in the description are not detailed, it is clear that NGLCC is committed to promoting and supporting LGBT-owned businesses and corporations, advocating for their interests, and fostering opportunities for growth and equality within the LGBT community.
Official website here: www.nglcc.org
Is National Gay & Lesbian Chamber Of Commerce legitimate?
National Gay & Lesbian Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Gay & Lesbian Chamber Of Commerce 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: $1,110,263
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,355,151
For more financial information, click here
Official website here: www.nglcc.org
What is the mission statement of National Gay & Lesbian Chamber Of Commerce?
The National Gay & Lesbian Chamber of Commerce advocates for gay, lesbian, bisexual, and transgender (LGBT) owned businesses, professionals, students, and corporations. Their goal is to form a broad-based coalition representing various interests within the LGBT community, aiming to expand opportunities, growth, innovation, and equality. They operate a Supplier Diversity Initiative (SDI), offering certification to LGBT enterprises and providing opportunities to increase business visibility to corporations seeking to do business with them. This initiative also hosts match-making events across the country, allowing LGBT enterprises to meet potential suppliers face-to-face. In recent years, the organization has also increased efforts to expand the SDI overseas, particularly in South America.
Official website here: www.nglcc.org
Who is the CEO of National Gay & Lesbian Chamber Of Commerce?
Chance Mitchell is the Co-Founder, Ceo of National Gay & Lesbian Chamber Of Commerce. The CEO's salary of National Gay & Lesbian Chamber Of Commerce is $533,562 and their total compensation is $586,702.
Official website here: www.nglcc.org
What is the revenue of National Gay & Lesbian Chamber Of Commerce?
National Gay & Lesbian Chamber Of Commerce's revenue in 2022 was $10,551,828.
Official website here: www.nglcc.org
Who are the executives of National Gay & Lesbian Chamber Of Commerce and what are their salaries?
The average compensation at National Gay & Lesbian Chamber Of Commerce during 2022 was $98,617. There are 25 employees and 17 volunteers at National Gay & Lesbian Chamber Of Commerce.
Here are 13 key members and their salaries (National Gay & Lesbian Chamber Of Commerce's CEO's salary is $533,562 and their total compensation is $586,702):
- Compensation: $533,562
- Related: $0
- Other: $53,140
- Compensation: $531,762
- Related: $0
- Other: $39,416
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $162,950
- Related: $0
- Other: $19,160
- Compensation: $164,950
- Related: $0
- Other: $13,871
- Compensation: $138,250
- Related: $0
- Other: $13,749
Official website here: www.nglcc.org
Where can I find the form 990 for National Gay & Lesbian Chamber Of Commerce?
National Gay & Lesbian Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nglcc.org
Learn more at the official website: www.nglcc.org
Mission Statement of National Gay & Lesbian Chamber Of Commerce
The National Gay & Lesbian Chamber of Commerce, in essence, champions the cause of LGBT-owned businesses, professionals, students of business, and corporations. Its mission is multifaceted, aiming to foster a broad-based coalition that represents various interests within the LGBT community. The organization's primary objective is to expand opportunities, promote growth, encourage innovation, and advocate for equality within this community.
In pursuit of its mission, the National Gay & Lesbian Chamber of Commerce offers certification to LGBT enterprises. This certification serves as a tool to enhance the visibility of these businesses to corporations seeking to conduct business with them. Furthermore, the organization hosts match-making events across the country throughout the year, providing opportunities for LGBT enterprises to meet potential suppliers face-to-face.
In recent years, the National Gay & Lesbian Chamber of Commerce has also expanded its Supplier Diversity Initiative (SDI) overseas, particularly in South America. This expansion aims to create a global network of LGBT-friendly businesses, thereby fostering a more inclusive and equitable business environment. The organization's efforts in this regard not only benefit the LGBT community but also contribute to the growth and success of corporations that recognize the value of diversity and inclusion.
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Impact
October, 2024
The National Gay & Lesbian Chamber of Commerce (NGLCC) significantly impacts the business landscape by championing the rights and opportunities of LGBT-owned businesses. Through its Supplier Diversity Initiative (SDI), NGLCC provides crucial certification for LGBT enterprises, enhancing their visibility to corporations eager to engage with diverse suppliers. This initiative fosters valuable connections through match-making events that facilitate direct interactions between LGBT businesses and potential corporate partners.
Moreover, NGLCC's efforts to expand the SDI internationally, particularly in South America, reflect its commitment to creating inclusive business environments on a global scale. By advocating for equality and representing the interests of LGBT-owned businesses, NGLCC promotes growth, innovation, and broader opportunities within the community, ultimately contributing to a more equitable and diverse economic ecosystem.
This information is meant to be a general summary of National Gay & Lesbian Chamber Of Commerce. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $39,396
- Program Service Revenue: $3,073,888
- Gross Receipts: $11,360,963
Assets and Liabilities:
- Total Assets: $15,331,208
- Total Liabilities: $7,092,126
- Net Assets: $8,239,082
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE FEES
Revenue
$2,714,671
MEMBERSHIP
Revenue
$359,217
Organization Details
Founding Year
2002
Phone
(202) 234-9181Principal Officer
Chance Mitchell
Main Address
1032 15TH ST NW 190, WASHINGTON, DC, 20005
Website
www.nglcc.orgNTEE Category
Code: S41 - Community improvement
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