Wellsville Area Chamber Of Commerce

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

EIN: 161291068 ✦ Wellsville, NY ✦ Designated as a 501(c)(6)

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Overview

What is Wellsville Area Chamber Of Commerce?

The Wellsville Area Chamber of Commerce is a dedicated nonprofit organization situated in Wellsville. Their primary mission is to enhance the economic and social well-being of the community by engaging in fundraising activities. They are committed to fostering business growth and development, as reflected in their mission. An additional benefit they offer to their members is access to group health insurance plans. Through their initiatives, they aim to uplift the overall quality of life in Wellsville.

Is Wellsville Area Chamber Of Commerce legitimate?

Wellsville Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Wellsville Area Chamber Of Commerce 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.

What is the mission statement of Wellsville Area Chamber Of Commerce?

The Wellsville Area Chamber of Commerce has a mission to foster economic growth and enhance the quality of life in its community. It accomplishes this by organizing fundraising events and supporting local businesses. Additionally, the chamber offers group health insurance benefits to its members as a part of its mission to contribute positively to the social and economic well-being of its community members.

Who is the CEO of Wellsville Area Chamber Of Commerce?

Demetrios Raptis is the Treasurer of Wellsville Area Chamber Of Commerce.

What is the revenue of Wellsville Area Chamber Of Commerce?

Wellsville Area Chamber Of Commerce's revenue in 2023 was $90,262.

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


Here are 2 key members and their salaries:


Bruce Thomas (Director)
  • Compensation: $33,400
  • Related: $0
  • Other: $0
Demetrios Raptis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Wellsville Area Chamber Of Commerce?

Wellsville Area Chamber Of Commerce's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Wellsville Area Chamber Of Commerce

The Wellsville Area Chamber of Commerce is dedicated to enhancing the social and economic well-being of its community. Pursuing its mission of economic development and business support, this organization orchestrates fundraising events. One of its notable contributions is offering group health insurance plans as a benefit to its chamber members. This initiative underscores the Chamber's commitment to improving the overall quality of life in Wellsville, thereby contributing to a thriving and healthier community.

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Impact




October, 2024

The Wellsville Area Chamber of Commerce significantly enhances the social and economic landscape of Wellsville by organizing and managing fundraising events that directly contribute to community development and business support. Through its initiatives, the Chamber plays a pivotal role in fostering economic growth and improving the overall quality of life for residents. Additionally, it offers group health insurance options, providing valuable benefits to its members and promoting a healthier business environment. Overall, the Chamber's efforts create a more vibrant and supportive community, benefiting both businesses and residents alike.




This information is meant to be a general summary of Wellsville Area 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.

Revenue
$90,262 (2023)
Expenses
$109,243 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $272
  • Program Service Revenue: $58,590
  • Gross Receipts: $90,262

Assets and Liabilities:

  • Total Assets: $79,551
  • Total Liabilities: $19,307
  • Net Assets: $60,244

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Organization Details

Principal Officer

Demetrios Raptis

Main Address

114 N MAIN ST, WELLSVILLE, NY, 14895

NTEE Category

Code: S41 - Community improvement

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