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Prescott Chamber Of Commerce Foundation

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

EIN: 204235039 ✦ Prescott, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Prescott Chamber Of Commerce Foundation?

The Prescott Chamber of Commerce Foundation, established in Prescott, Arizona, is a dedicated nonprofit organization with a mission to support and augment the work of the Prescott Chamber of Commerce. Through fundraising, endowment building, and legacy development, the foundation aims to enhance the local business community's quality of life. Notably, their initiatives include the 'Prescott Cares' program, which assists eligible Prescott businesses impacted by the pandemic with essential financial aid, such as rent, mortgage, and utility payments. Additionally, the 'Prescott Minor Repair' program promotes affordable, decent, and safe housing by offering eligible repairs within the city. The foundation is also recognized for its role in the Prescott's Christmas City of Arizona celebrations, including the courthouse lighting.


Official website here: www.prescott.org/foundation.html

Is Prescott Chamber Of Commerce Foundation legitimate?

Prescott Chamber Of Commerce Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prescott Chamber Of Commerce Foundation 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: $0

For more financial information, click here


Official website here: www.prescott.org/foundation.html

What is the mission statement of Prescott Chamber Of Commerce Foundation?

The Prescott Chamber of Commerce Foundation's mission is to enhance the work of the Prescott Chamber of Commerce by raising funds, building endowments, and promoting legacy development. This non-profit organization engages in activities that positively impact the community's quality of life. One of its initiatives is supporting the Christmas City of Arizona programs, including the courthouse lighting. The Prescott Cares program provides assistance to eligible businesses impacted by the pandemic, helping with rent, mortgage, and utility payments. Additionally, the Prescott Minor Repair program aims to foster affordable, decent, and safe housing in the city by providing eligible repairs.


Official website here: www.prescott.org/foundation.html

Who is the CEO of Prescott Chamber Of Commerce Foundation?

Sheri Heiney is the Chair of Prescott Chamber Of Commerce Foundation.


Official website here: www.prescott.org/foundation.html

What is the revenue of Prescott Chamber Of Commerce Foundation?

Prescott Chamber Of Commerce Foundation's revenue in 2022 was $320,835.


Official website here: www.prescott.org/foundation.html

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

There 6 volunteers at Prescott Chamber Of Commerce Foundation.


Here are 7 key members and their salaries:


Mike Fainn (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darla Deville (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Springer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lenora Bateman (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Howard (Director At)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sanford Cohen (Director At)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheri Heiney (President/Ce)
  • Compensation: $0
  • Related: $114,594
  • Other: $0


Official website here: www.prescott.org/foundation.html

Where can I find the form 990 for Prescott Chamber Of Commerce Foundation?

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


Official website here: www.prescott.org/foundation.html

Learn more at the official website: www.prescott.org/foundation.html

Mission Statement of Prescott Chamber Of Commerce Foundation

The Prescott Chamber of Commerce Foundation's mission is centered around enhancing and complementing the work of the Prescott Chamber of Commerce. This is achieved through fundraising, endowment building, and legacy development. The primary objective of the foundation is to positively impact the quality of life in the community, and it accomplishes this by supporting various programs in the area.

One of the initiatives undertaken by the Prescott Chamber of Commerce Foundation is the Christmas City of Arizona programs. These programs aim to celebrate the festive season and contribute to the community's holiday spirit. Another notable program is Prescott Cares, which provides financial assistance to Prescott businesses impacted by the pandemic. This includes helping these businesses with their rent, mortgage, and utility payments, thereby offering them much-needed support during challenging times.

Moreover, the Prescott Chamber of Commerce Foundation is also involved in the Prescott Minor Repair program. This program aims to foster affordable, decent, and safe housing in the city by providing eligible repairs. By undertaking these initiatives, the Prescott Chamber of Commerce Foundation is making significant contributions to the community, thereby enhancing the overall quality of life for its residents.

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Impact




October, 2024

The Prescott Chamber of Commerce Foundation plays a vital role in enriching the quality of life in Prescott, Arizona, through various impactful initiatives. By focusing on fundraising, endowment building, and legacy development, the Foundation effectively supports community programs, enhancing the overall wellbeing of residents.

One of its key contributions is the support of Prescott's identity as the "Christmas City of Arizona," which includes iconic events like the Courthouse lighting. This festive atmosphere not only celebrates the season but also fosters community spirit and attracts visitors, benefiting local businesses.

Additionally, the Foundation addresses immediate financial challenges through the "Prescott Cares" program, aiding qualifying Prescott businesses affected by the pandemic with crucial assistance for rent, mortgage, and utility payments. This initiative helps sustain local employment and keeps businesses afloat during turbulent times.

Moreover, the "Prescott Minor Repair" program addresses housing stability by facilitating essential repairs for residents, promoting affordable, decent, and safe living conditions. Through these efforts, the Foundation is actively contributing to community improvement and resilience, making a significant impact on the lives of Prescott residents.




This information is meant to be a general summary of Prescott Chamber Of Commerce Foundation. 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
$320,835 (2022)
Expenses
$371,950 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $10,594
  • Gross Receipts: $343,175

Assets and Liabilities:

  • Total Assets: $424,327
  • Total Liabilities: $58,257
  • Net Assets: $366,070

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMINISTRATIVE FEES

Revenue

$10,594

Organization Details

Founding Year

2005

Principal Officer

Sheri Heiney

Main Address

117 W GOODWIN STREET, PRESCOTT, AZ, 86303

NTEE Category

Code: S12 - Community improvement

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