Overview
What is Capital Region Chamber Foundation Inc?
Capital Region Chamber Foundation Inc, a nonprofit organization based in Albany, New York, is a subsidiary of the Capital Region Chamber of Commerce. Its primary mission is to support and enhance the activities of the Chamber, focusing on business, civic, education, and workforce development issues crucial to the region's economic prosperity. The Foundation accomplishes this through various initiatives, including engaging the business community, organizing events such as The Young Professionals Network and The Nonprofit Business Awards Luncheon, and utilizing proceeds from events like the Golf Tournament to further its objectives.
Official website here: www.capitalregionchamber.com
What do the Facebook reviews say about Capital Region Chamber Foundation Inc?
100% of 17 reviewers on Facebook recommend the Capital Region Chamber Foundation Inc. Here's a summary of their feedback:
The consensus among supporters is overwhelmingly positive, with many praising the organization for its exceptional team and impactful initiatives. Reviewers highlight the impressive return on investment (ROI) they experience from their involvement, emphasizing the value the nonprofit brings to the community.
Overall, it is clear that the Capital Region Chamber Foundation Inc. has made a significant positive impression on its participants, delivering on its commitments and enriching the local area through its efforts.
This AI summary has been generated from reviews found on Facebook.
Is Capital Region Chamber Foundation Inc legitimate?
Capital Region Chamber Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Region Chamber 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.capitalregionchamber.com
What is the mission statement of Capital Region Chamber Foundation Inc?
The Capital Region Chamber Foundation Inc, a non-profit subsidiary of the Capital Region Chamber of Commerce, exists to advance the work of the Chamber in addressing business, civic, education, and workforce development issues that are vital to the region's economic health. Their mission is to engage the business community to tackle these concerns. The Foundation focuses on various aspects, including talent development, diversity, inclusion, and leadership. They run initiatives like The Young Professionals Network, the Nonprofit Business Awards Luncheon, and utilize funds raised from their golf tournament to support their operations.
Official website here: www.capitalregionchamber.com
Who is the CEO of Capital Region Chamber Foundation Inc?
Mark N Eagan is the Chair of Capital Region Chamber Foundation Inc.
Official website here: www.capitalregionchamber.com
What is the revenue of Capital Region Chamber Foundation Inc?
Capital Region Chamber Foundation Inc's revenue in 2022 was $1,154,803.
Official website here: www.capitalregionchamber.com
Who are the executives of Capital Region Chamber Foundation Inc and what are their salaries?
There 239 volunteers at Capital Region Chamber Foundation Inc.
Here are 15 key members and their salaries:
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- Other: $18,903
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- Related: $106,611
- Other: $9,256
Official website here: www.capitalregionchamber.com
Where can I find the form 990 for Capital Region Chamber Foundation Inc?
Capital Region Chamber Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.capitalregionchamber.com
Learn more at the official website: www.capitalregionchamber.com
Mission Statement of Capital Region Chamber Foundation Inc
The Capital Region Chamber Foundation Inc, a not-for-profit entity wholly owned by the Capital Region Chamber of Commerce, is dedicated to advancing the work of its parent organization. This mission involves engaging the business community to address critical issues related to business, civic, education, and workforce development, all of which are essential for the economic vitality of the region.
In essence, the Capital Region Chamber Foundation Inc serves as a catalyst, leveraging the power of the business community to tackle pressing challenges that affect the region's economic health and growth. By focusing on these key areas, the foundation aims to foster a thriving and dynamic business ecosystem that benefits the community as a whole.
The foundation's activities encompass various initiatives that align with its mission. For instance, it focuses on people and workforce development, addressing issues related to talent, diversity, inclusion, and leadership. Some of its specific programs include The Young Professionals Network, the Nonprofit Business Awards Luncheon, and benefits derived from the Golf Tournament, which contribute to the foundation's operations. These initiatives underscore the foundation's commitment to strengthening the region's workforce and business landscape.
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Impact
October, 2024
Capital Region Chamber Foundation Inc significantly influences the economic landscape of the region by fostering collaboration between the business community and key civic entities. By focusing on critical issues such as workforce development, education, and diversity, the Foundation plays a pivotal role in shaping a skilled and inclusive workforce.
Through initiatives like the Young Professionals Network and the Business Awards Luncheon, the Foundation highlights and supports local talent, encouraging leadership and professional growth among the region's emerging leaders. The proceeds from events such as the golf tournament directly benefit these programs, reinforcing the Foundation's commitment to enhancing economic vitality.
By addressing workforce challenges and promoting civic engagement, Capital Region Chamber Foundation Inc not only strengthens the local economy but also cultivates a vibrant community that values diversity and leadership. This holistic approach ensures that the region remains competitive and resilient in an ever-evolving economic landscape.
This information is meant to be a general summary of Capital Region Chamber 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $322
- Program Service Revenue: $414,038
- Gross Receipts: $1,154,803
Assets and Liabilities:
- Total Assets: $1,080,763
- Total Liabilities: $827,481
- Net Assets: $253,282
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PEOPLE AND WORKFORCE
Revenue
$324,768
MEMBER SERVICES
Revenue
$34,500
BUSINESS GROWTH
Revenue
$32,150
MILITARY ENGAGEMENT
Revenue
$22,620
Organization Details
Founding Year
1990
Phone
(518) 431-1416Principal Officer
Mark N Eagan
Main Address
FIVE COMPUTER DRIVE SOUTH, ALBANY, NY, 122051608
Website
www.capitalregionchamber.comNTEE Category
Code: B12 - Education
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