Overview
What is New Jersey State Chamber Of Commerce?
The New Jersey State Chamber of Commerce is a prominent nonprofit organization situated in Trenton, New Jersey. Their primary mission is to foster a thriving business environment and economic prosperity. In 2022, their government relations team actively advocated for business interests, engaging with legislators and cabinet members to discuss tax reductions, deregulation, and policies that support the state's economy and businesses. They also organized a series of in-person events, such as the Business Roundtable, to connect business and political leaders. Furthermore, the chamber collaborates with the Chamber Alliance, a coalition of local and regional chambers, to discuss and tackle common business issues collectively. With a workforce of 30 employees, the New Jersey State Chamber of Commerce remains dedicated to shaping a prosperous business landscape in the state.
Official website here: www.njchamber.com
Is New Jersey State Chamber Of Commerce legitimate?
New Jersey State Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. New Jersey State 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: $751,970
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,224,822
For more financial information, click here
Official website here: www.njchamber.com
What is the mission statement of New Jersey State Chamber Of Commerce?
The New Jersey State Chamber of Commerce promotes a thriving business environment and economic prosperity as its primary objective. They achieve this mission through their expertise and innovative solutions, working towards a vibrant business landscape. In 2022, their government relations team advocated for business interests, engaging with legislators and members of the governor's cabinet to discuss tax reductions, lighter regulations, and policies that support the state's economy and business growth. Furthermore, the chamber organized a series of in-person events to connect business and political leaders, such as the Business Roundtable series featuring legislators and cabinet members. Additionally, the New Jersey Chamber established the Chamber Alliance, a coalition of local and regional chamber executives, to collaborate on common business issues and address them collectively.
Official website here: www.njchamber.com
Who is the CEO of New Jersey State Chamber Of Commerce?
Thomas A Bracken is the President/Ceo of New Jersey State Chamber Of Commerce. The CEO's salary of New Jersey State Chamber Of Commerce is $567,435 and their total compensation is $587,843.
Official website here: www.njchamber.com
What is the revenue of New Jersey State Chamber Of Commerce?
New Jersey State Chamber Of Commerce's revenue in 2022 was $2,863,441.
Official website here: www.njchamber.com
Who are the executives of New Jersey State Chamber Of Commerce and what are their salaries?
The average compensation at New Jersey State Chamber Of Commerce during 2022 was $65,893. There are 30 employees and 105 volunteers at New Jersey State Chamber Of Commerce.
Here are 107 key members and their salaries (New Jersey State Chamber Of Commerce's CEO's salary is $567,435 and their total compensation is $587,843):
- Compensation: $567,435
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Official website here: www.njchamber.com
Where can I find the form 990 for New Jersey State Chamber Of Commerce?
New Jersey State Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.njchamber.com
Learn more at the official website: www.njchamber.com
Mission Statement of New Jersey State Chamber Of Commerce
The New Jersey State Chamber of Commerce is dedicated to fostering a thriving business environment and economic prosperity. They achieve this mission through their vision, expertise, and innovative solutions. The organization actively promotes policies that reduce taxes, alleviate burdensome regulations, and support policies that contribute to the growth and success of New Jersey's economy and businesses. In addition to their advocacy efforts, the New Jersey Chamber of Commerce also hosts events that bring together the state's business and political leaders. One such event is the Business Roundtable Series, which features legislators and cabinet members, providing an opportunity for open dialogue and collaboration. Furthermore, the chamber is a part of the Chamber Alliance, a coalition of executives from local and regional chambers of commerce, who discuss and address common business issues with the aim of finding collective solutions.
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Impact
October, 2024
The New Jersey State Chamber of Commerce plays a crucial role in fostering a vibrant business environment and promoting economic prosperity in the state. Its government relations team actively engages with legislators and members of the Governor's cabinet to advocate for policies aimed at reducing taxes and alleviating burdensome regulations. This advocacy is essential for creating conditions conducive to business growth and sustainability.
In 2022, the Chamber facilitated in-person events that brought together business and political leaders, including a Business Roundtable series featuring key lawmakers. These gatherings not only enhance communication between the business community and state officials but also provide a platform for discussing critical issues that affect economic development.
Furthermore, the Chamber has established the Chamber Alliance, a coalition of executives from local and regional chambers of commerce. This initiative allows for the exchange of ideas and collaborative problem-solving on common business concerns, amplifying their collective voice in advocating for improvements in the business landscape.
Overall, the New Jersey State Chamber of Commerce is pivotal in shaping a supportive environment for businesses to thrive, driving initiatives that contribute to the state's economic vitality and community improvement.
This information is meant to be a general summary of New Jersey State 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: $1,241
- Program Service Revenue: $2,728,950
- Gross Receipts: $2,863,441
Assets and Liabilities:
- Total Assets: $2,915,136
- Total Liabilities: $1,170,749
- Net Assets: $1,744,387
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,294,380
CONFERENCES
Revenue
$885,993
CORNERSTONE DUES
Revenue
$466,962
OTHER PROGRAM SERVICE
Revenue
$59,320
PUBLICATIONS
Revenue
$17,100
Organization Details
Founding Year
1911
Phone
(609) 989-7888Principal Officer
Thomas A Bracken
Main Address
216 W STATE STREET, TRENTON, NJ, 086081002
Website
www.njchamber.comNTEE Category
Code: S41 - Community improvement
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