Overview
What is Atlantic City Chamber Of Commerce?
Atlantic City Chamber of Commerce is a nonprofit organization situated in Northfield, New Jersey. Their primary focus is to promote a favorable business environment in Atlantic City and surrounding mainland communities. They achieve this by offering valuable services to their members, advocating for business interests in shaping public policy, and working to create business opportunities for them, ultimately aiming to lower their operational costs. With a small team of five dedicated individuals, the Atlantic City Chamber of Commerce is committed to fostering a thriving business community in the region.
Is Atlantic City Chamber Of Commerce legitimate?
Atlantic City Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Atlantic City 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: $110,978
Professional Fundraising Fees: $0
Other Salaries and Wages: $81,172
For more financial information, click here
What is the mission statement of Atlantic City Chamber Of Commerce?
The Atlantic City Chamber of Commerce strives to establish a conducive business environment for its members and surrounding communities. It achieves this by offering valuable services, acting as a strong business advocacy, and influencing public policy. Additionally, the chamber works tirelessly to create business opportunities and reduce the cost of doing business for its members. Its program services are primarily focused on its advocacy role, contributing to policy shaping, and fostering business growth for its members.
Who is the CEO of Atlantic City Chamber Of Commerce?
Michael Chait is the President of Atlantic City Chamber Of Commerce.
What is the revenue of Atlantic City Chamber Of Commerce?
Atlantic City Chamber Of Commerce's revenue in 2023 was $570,383.
Who are the executives of Atlantic City Chamber Of Commerce and what are their salaries?
The average compensation at Atlantic City Chamber Of Commerce during 2023 was $38,430. There are 5 employees and 112 volunteers at Atlantic City Chamber Of Commerce.
Here are 53 key members and their salaries:
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Where can I find the form 990 for Atlantic City Chamber Of Commerce?
Atlantic City Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Atlantic City Chamber Of Commerce
Atlantic City Chamber of Commerce, a prominent organization, is committed to fostering a conducive business environment in Atlantic City and its surrounding mainland communities. Their mission is multifaceted, encompassing the provision of valuable services to their members, acting as a strong business advocacy, and helping shape public policy. Furthermore, they strive to create business opportunities for their members and work towards lowering their cost of operations. By fulfilling these objectives, Atlantic City Chamber of Commerce aims to create a favorable business climate, ultimately benefiting its members and the wider community.
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Impact
October, 2024
The Atlantic City Chamber of Commerce plays a pivotal role in enhancing the business landscape of Atlantic City and its surrounding mainland communities. By fostering a favorable business climate, it provides valuable services that support local businesses in navigating challenges and seizing opportunities.
One of its key impacts lies in its strong advocacy efforts, where it actively shapes public policy to reflect the needs and interests of its members. This advocacy not only promotes the business community's concerns but also helps in creating an environment conducive to growth and development.
In addition to policy advocacy, the Chamber creates tangible business opportunities for its members, facilitating connections and collaborations that can lead to increased economic activity. By focusing on lowering the cost of doing business, it enables local enterprises to thrive, ultimately benefiting the broader community.
Overall, the Atlantic City Chamber of Commerce is instrumental in driving community improvement and economic vitality, ensuring that local businesses receive the support they need to succeed in a competitive landscape.
This information is meant to be a general summary of Atlantic City 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 2023.
- Program Service Revenue: $561,969
- Gross Receipts: $570,383
Assets and Liabilities:
- Total Assets: $504,540
- Total Liabilities: $503,961
- Net Assets: $579
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUSINESS ADVOCACY
CHAIR'S COUNCIL DUES
Revenue
$22,505
MEMBERSHIP DUES
Revenue
$180,258
PROGRAM EVENTS
Revenue
$359,206
Organization Details
Founding Year
1977
Phone
(609) 345-4524Principal Officer
Michael Chait
Main Address
P O BOX 748, NORTHFIELD, NJ, 08225
NTEE Category
Code: S41 - Community improvement
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