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Madison Chamber Of Commerce

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

EIN: 222536920 ✦ Madison, CT ✦ Designated as a 501(c)(6)

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Overview

What is Madison Chamber Of Commerce?

The Madison Chamber of Commerce is a nonprofit organization that plays a significant role in the town's business community. Its primary mission is to foster both financial and cultural prosperity in Madison. They accomplish this by organizing various events throughout the year, such as antique shows, Chamber Connects, and shredding events. These events serve to engage the local business community and contribute to the town's overall growth and development.


Official website here: www.madisonct.com

Is Madison Chamber Of Commerce legitimate?

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


Heare are some key statistics you may want to consider:

Executive Compensation: $68,577
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,123

For more financial information, click here


Official website here: www.madisonct.com

What is the mission statement of Madison Chamber Of Commerce?

The Madison Chamber of Commerce has a mission to bolster the local business community, fostering both financial and cultural prosperity in the town. They achieve this objective by organizing various events throughout the year, such as antique shows, Chamber Connects, and shredding events, among others. The primary goal is to ensure the town's overall growth and success.


Official website here: www.madisonct.com

What is the revenue of Madison Chamber Of Commerce?

Madison Chamber Of Commerce's revenue in 2024 was $157,841.


Official website here: www.madisonct.com

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

The average compensation at Madison Chamber Of Commerce during 2024 was $27,567. There are 3 employees and 14 volunteers at Madison Chamber Of Commerce.

Here are 15 key members and their salaries:


Dawn Jackson (Executive Di)
  • Compensation: $68,577
  • Related: $0
  • Other: $0
John Brady (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Guardiano (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Austin Hall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alyssa Ingram (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Joseff (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Perry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olando Petgrave (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Pinder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Scranton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Sikes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Bernard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Blundon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mathers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Wilson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.madisonct.com

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

Madison Chamber Of Commerce's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.madisonct.com

Learn more at the official website: www.madisonct.com

Mission Statement of Madison Chamber Of Commerce

The Madison Chamber of Commerce plays a significant role in upholding the business community's prosperity in the town, fostering both financial and cultural growth. Its mission is to ensure that the town thrives, and it accomplishes this by hosting a variety of events throughout the year. These events, such as antique shows, Chamber Connects, and shredding events, among others, contribute to the vibrancy of the business community and help in fostering connections within it. The organization's activities are geared towards supporting the local businesses and contributing to the overall well-being of the town, making it an essential part of the community's fabric.

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Impact




October, 2024

The Madison Chamber of Commerce plays a crucial role in enhancing the local business ecosystem, directly contributing to the economic and cultural vitality of Madison, CT. By supporting the business community, it fosters an environment where local enterprises can thrive, ultimately benefiting residents and visitors alike.

The Chamber organizes a variety of events throughout the year, such as antique shows, Chamber Connects, and shredding events, which not only promote local commerce but also encourage community engagement and collaboration. These events serve as platforms for networking, showcasing local products and services, and bringing residents together, thus weaving a rich social fabric within the community.

In essence, the Madison Chamber of Commerce helps to create a vibrant community by enhancing business opportunities, cultural experiences, and civic pride, ensuring that Madison remains an appealing place to live, work, and visit.




This information is meant to be a general summary of Madison 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
$157,841 (2024)
Expenses
$140,974 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $500
  • Program Service Revenue: $157,341
  • Gross Receipts: $157,841

Assets and Liabilities:

  • Total Assets: $195,108
  • Total Liabilities: $0
  • Net Assets: $195,108

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Programs

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

EVENTS INCOME

Revenue

$90,176

DUES

Revenue

$65,950

ADVANCE PAYMENT FOR 25

Revenue

$1,215

Organization Details

Principal Officer

Craig Bernard

NTEE Category

Code: S41Z - Community improvement

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