Overview
What is Greater Lehigh Valley Chamber Of Commerce Foundation?
The Greater Lehigh Valley Chamber Of Commerce Foundation, a charitable arm of the Chamber, serves as a valley-wide advocate for business and community development. Its primary mission is to improve every Main Street in the Lehigh Valley by making strategic investments in projects that boost the physical appearance of local downtowns and traditional neighborhoods. Initially started in Bethlehem to fund holiday decorations, this initiative has expanded to support various projects on various Main Streets. The Foundation's aim is to enhance the overall appeal of these areas and contribute positively to the community.
Official website here: www.lehighvalleychamber.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The Greater Lehigh Valley Chamber Of Commerce Foundation has achieved an impressive 97% rating from Charity Navigator, indicating a strong commitment to accountability and financial management. This high score is derived from a comprehensive evaluation that emphasizes the foundation's financial practices, particularly highlighting its effective use of resources.
Key strengths of the organization include having a fully independent board and a high program expense ratio of 94.75%, which suggests that the majority of its financial resources are directed toward its mission-related activities. Additionally, the foundation has well-documented policies on conflict of interest, whistleblowing, and document retention, underscoring its commitment to transparency and ethical governance.
There are no significant limitations noted in the rating data, demonstrating that the Greater Lehigh Valley Chamber Of Commerce Foundation maintains strong financial health and governance practices that can instill confidence in its stakeholders and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Lehigh Valley Chamber Of Commerce Foundation legitimate?
Greater Lehigh Valley Chamber Of Commerce Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Lehigh Valley 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lehighvalleychamber.org
What is the mission statement of Greater Lehigh Valley Chamber Of Commerce Foundation?
The Greater Lehigh Valley Chamber Of Commerce Foundation, serving as the charitable arm of the chamber, operates as a valley-wide advocate for business and community development. Its mission, primarily carried out by Main Street Lehigh Valley, a 501(C)(3) entity, is focused on enhancing the appearance of local downtowns and traditional neighborhoods through targeted investments in projects. Initially started to fund holiday decorations in Bethlehem, this mission has expanded to support various projects on every Main Street, aiming to improve each area.
Official website here: www.lehighvalleychamber.org
Who is the CEO of Greater Lehigh Valley Chamber Of Commerce Foundation?
T Anthony Iannelli is the Ceo of Greater Lehigh Valley Chamber Of Commerce Foundation. The CEO's salary of Greater Lehigh Valley Chamber Of Commerce Foundation is $0 and their total compensation is $258,800.
Official website here: www.lehighvalleychamber.org
What is the revenue of Greater Lehigh Valley Chamber Of Commerce Foundation?
Greater Lehigh Valley Chamber Of Commerce Foundation's revenue in 2022 was $581,751.
Official website here: www.lehighvalleychamber.org
Who are the executives of Greater Lehigh Valley Chamber Of Commerce Foundation and what are their salaries?
There 156 volunteers at Greater Lehigh Valley Chamber Of Commerce Foundation.
Here are 17 key members and their salaries (Greater Lehigh Valley Chamber Of Commerce Foundation's CEO's salary is $0 and their total compensation is $258,800):
- Compensation: $0
- Related: $243,824
- Other: $14,976
- Compensation: $0
- Related: $102,404
- Other: $8,992
- Compensation: $0
- Related: $58,845
- Other: $2,178
- Compensation: $0
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- Other: $0
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- Other: $0
Official website here: www.lehighvalleychamber.org
Where can I find the form 990 for Greater Lehigh Valley Chamber Of Commerce Foundation?
Greater Lehigh Valley Chamber Of Commerce Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lehighvalleychamber.org
Learn more at the official website: www.lehighvalleychamber.org
Mission Statement of Greater Lehigh Valley Chamber Of Commerce Foundation
The Greater Lehigh Valley Chamber Of Commerce Foundation, serving as the charitable arm of the Chamber, is a valley-wide advocate for business and community development. Its mission, under the umbrella of Main Street Lehigh Valley, a 501(c)(3) entity, is focused on enhancing the physical appearance of local downtowns and surrounding traditional neighborhoods across the Lehigh Valley. This mission began with funding for holiday decorations in Bethlehem and has since evolved to support various projects that contribute to the overall improvement of every Main Street in the region. The Foundation's targeted investments aim to revitalize these areas, ultimately enriching the community as a whole.
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Impact
July, 2024
The Greater Lehigh Valley Chamber Of Commerce Foundation, through its Main Street Lehigh Valley initiative, has made a significant impact on the local community by enhancing the physical appearance of main streets in the Lehigh Valley. By investing in projects that improve the aesthetics and appeal of downtown areas and traditional neighborhoods, the foundation is contributing to the overall development and prosperity of the region. This targeted approach to revitalizing main streets has not only beautified the area but has also helped create a more vibrant and inviting environment for businesses and residents alike.
This information is meant to be a general summary of Greater Lehigh Valley 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $56
- Program Service Revenue: $310,500
- Gross Receipts: $581,751
Assets and Liabilities:
- Total Assets: $264,619
- Total Liabilities: $62,665
- Net Assets: $201,954
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING SERVICES
Revenue
$310,500
Organization Details
Founding Year
1985
Phone
(610) 751-4980Principal Officer
T Anthony Iannelli
Main Address
158A NORTHAMPTON STREET, EASTON, PA, 18042
Website
www.lehighvalleychamber.orgNTEE Category
Code: T30 - Philanthropy
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