Chestnut Hill Business Association

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

EIN: 231524679 ✦ Philadelphia, PA ✦ Designated as a 501(c)(6)

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Overview

What is Chestnut Hill Business Association?

The Chestnut Hill Business Association is a nonprofit organization situated in Philadelphia, Pennsylvania, specifically at 8514 Germantown Avenue, 19118. Their primary objective is to foster collaboration among businesses and merchants within the Chestnut Hill area. They accomplish this through various initiatives, such as community development programs, advertising campaigns, ensuring security, and organizing community festivals. These activities aim to promote the interests of their members and strengthen the local community.

Is Chestnut Hill Business Association legitimate?

Chestnut Hill Business Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Chestnut Hill Business Association 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: $115,351

For more financial information, click here

What is the mission statement of Chestnut Hill Business Association?

The Chestnut Hill Business Association is established with the primary objective of fostering collaboration among the local merchants and businesses in a specific area. Their activities encompass community development programs, advertising initiatives, and ensuring security, all aimed at enhancing the commercial sector. Furthermore, the association organizes community festivals to promote the businesses within the area and stimulate a sense of unity among the community members.

Who is the CEO of Chestnut Hill Business Association?

Courtney O'Neill is the Executive Dir. of Chestnut Hill Business Association.

What is the revenue of Chestnut Hill Business Association?

Chestnut Hill Business Association's revenue in 2022 was $307,430.

Who are the executives of Chestnut Hill Business Association and what are their salaries?


There is 1 key member and their salary:


Courtney O'Neill (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chestnut Hill Business Association?

Chestnut Hill Business Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Chestnut Hill Business Association

The Chestnut Hill Business Association, established with a primary objective, strives to bring together the merchants and business members of the Chestnut Hill area in Philadelphia. Their mission is multifaceted, encompassing community development programs, advertising initiatives, and ensuring a sense of security within the locality. They organize various events, such as community festivals, to promote the businesses of their members and foster a sense of unity within the community. The association's activities are geared towards enhancing the commercial environment of Chestnut Hill, thereby contributing to its overall development.

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Impact




October, 2024

The Chestnut Hill Business Association plays a significant role in enhancing the local economy and fostering a vibrant community in the Chestnut Hill area of Philadelphia. By coordinating commercial activities among local merchants and business members, the Association promotes community development, provides advertising opportunities, and enhances security measures, which together create a supportive environment for businesses to thrive.

Through engaging community festivals and events, the Association not only showcases local businesses but also strengthens community ties, drawing in residents and visitors alike. These initiatives foster a sense of belonging and encourage people to participate in the local economy. Additionally, the Association's focus on advertising helps elevate the visibility of member businesses, driving foot traffic and enhancing overall sales.

Overall, the Chestnut Hill Business Association enhances the quality of life for residents and supports sustainable business practices, making a lasting impact on the community.




This information is meant to be a general summary of Chestnut Hill Business Association. 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
$307,430 (2022)
Expenses
$286,878 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Program Service Revenue: $102,519
  • Gross Receipts: $307,430

Assets and Liabilities:

  • Total Assets: $124,623
  • Total Liabilities: $154,614
  • Net Assets: -$29,991

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Programs

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

Activities and Programs

Revenue

$102,519

Organization Details

Principal Officer

Courtney O'Neill

Main Address

8514 Germantown Avenue, Philadelphia, PA, 19118

NTEE Category

Code: S41 - Community improvement

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