Overview
What is Lancaster Chamber Of Commerce & Industry?
The Lancaster Chamber of Commerce & Industry is a vibrant nonprofit organization based in Lancaster, Pennsylvania. Celebrating its 150th anniversary in 2022, the Chamber has a rich history and a mission to foster a conducive business environment, establish partnerships, and champion issues that promote business prosperity. With over 30 employees, the Chamber actively engages with its membership and the local business community. Last year, it connected 65 displaced workers with 16 local businesses for employment, presented 90 speakers to the community, 50 of whom were women, and 24% represented minority groups. The Chamber organized 133 events, celebrating 28 business milestones and welcoming 179 new members. To further its mission, the Chamber has five strategic priorities: public policy, workforce, business solutions, diversity, equity, and inclusion, and chamber excellence. Throughout the year, it provided professional development training to 688 employees through 23 offerings.
Official website here: www.lancasterchamber.com
Is Lancaster Chamber Of Commerce & Industry legitimate?
Lancaster Chamber Of Commerce & Industry is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lancaster Chamber Of Commerce & Industry 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: $505,441
Professional Fundraising Fees: $0
Other Salaries and Wages: $611,225
For more financial information, click here
Official website here: www.lancasterchamber.com
What is the mission statement of Lancaster Chamber Of Commerce & Industry?
The Lancaster Chamber of Commerce & Industry's mission is centered around creating an environment conducive for business success, fostering partnerships, and taking a leading role in addressing issues that impact businesses. The organization has five strategic priorities: public policy, workforce development, business solutions, diversity, equity, and inclusion, and chamber excellence. In 2022, the chamber celebrated its 150th anniversary, marking 114 historical milestones and engaging over 2,900 visitors with its anniversary events. The chamber also connected 65 displaced workers with local businesses, providing training to 688 employees, and presenting 90 speakers to the community, 50 of whom were women and 24% represented minority groups. Additionally, the chamber welcomed 179 new members to its network and celebrated 28 business grand openings, anniversaries, and new locations.
Official website here: www.lancasterchamber.com
Who is the CEO of Lancaster Chamber Of Commerce & Industry?
Heather Valudes is the President & Ceo (Until 6/22) of Lancaster Chamber Of Commerce & Industry. The CEO's salary of Lancaster Chamber Of Commerce & Industry is $138,339 and their total compensation is $166,847.
Official website here: www.lancasterchamber.com
What is the revenue of Lancaster Chamber Of Commerce & Industry?
Lancaster Chamber Of Commerce & Industry's revenue in 2022 was $2,471,476.
Official website here: www.lancasterchamber.com
Who are the executives of Lancaster Chamber Of Commerce & Industry and what are their salaries?
The average compensation at Lancaster Chamber Of Commerce & Industry during 2022 was $37,222. There are 30 employees and 221 volunteers at Lancaster Chamber Of Commerce & Industry.
Here are 19 key members and their salaries (Lancaster Chamber Of Commerce & Industry's CEO's salary is $138,339 and their total compensation is $166,847):
- Compensation: $138,339
- Related: $0
- Other: $28,508
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- Compensation: $137,333
- Related: $0
- Other: $31,668
- Compensation: $0
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- Other: $0
- Compensation: $77,251
- Related: $0
- Other: $20,626
- Compensation: $52,836
- Related: $0
- Other: $18,880
Official website here: www.lancasterchamber.com
Where can I find the form 990 for Lancaster Chamber Of Commerce & Industry?
Lancaster Chamber Of Commerce & Industry's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lancasterchamber.com
Learn more at the official website: www.lancasterchamber.com
Mission Statement of Lancaster Chamber Of Commerce & Industry
The Lancaster Chamber of Commerce & Industry's mission is centered around creating an environment that fosters business success, facilitating partnerships, and taking a leading role in addressing pertinent issues. Their primary objective is to elevate the prosperity of local businesses by focusing on five strategic priorities: public policy, workforce development, business solutions, diversity, equity, and inclusion (DE&I), and chamber excellence.
Throughout their 150-year history, the chamber has consistently demonstrated its commitment to supporting the business community. By celebrating milestones, hosting events, and engaging with their membership, they have played a pivotal role in connecting businesses and promoting sustainable growth. In 2022, they celebrated their anniversary by reflecting on 114 historical achievements and engaging with over 2,900 visitors. Furthermore, they connected displaced workers with local businesses, presented numerous speakers, and organized events that drew in over 8,900 attendees.
In addition to these initiatives, the Lancaster Chamber of Commerce & Industry has shown a strong dedication to diversity and inclusion. They connected ten underrepresented business entrepreneurs through their Words Into Action program and welcomed 179 new members to their network, representing various backgrounds and perspectives. Their professional development offerings also reached 688 employees, demonstrating their commitment to fostering a diverse and inclusive business environment.
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Impact
October, 2024
The Lancaster Chamber of Commerce & Industry plays a significant role in enhancing business success within its community. By creating an environment conducive to collaboration, the Chamber facilitates partnerships that drive collective growth and resilience among local businesses. In 2022, the Chamber marked its 150th anniversary, reflecting on a rich history while actively engaging with the community through various initiatives.
The Chamber's impact is evident in its efforts to connect displaced workers with local employment opportunities, successfully linking 65 individuals to 16 businesses. The organization also prioritizes diversity and inclusion, with a notable percentage of speakers at events representing women and minority groups. Through 133 events, the Chamber engaged nearly 9,000 unique attendees, fostering networking and professional development.
Celebrating local achievements, the Chamber organized ribbon-cutting ceremonies for 28 businesses that marked new beginnings or milestones. Additionally, a focus on workforce development is demonstrated by providing training to 688 employees, highlighting the Chamber's commitment to continuous growth and skill enhancement in the business community.
The Chamber also prioritizes strategic issues like public policy and diversity, equity, and inclusion, ensuring that it leads discussions on important topics that affect local commerce. The influx of 179 new members illustrates a growing network of businesses committed to creating a sustainable impact on Lancaster County's future. Overall, the Lancaster Chamber of Commerce & Industry significantly elevates the business landscape, facilitating collaboration, driving inclusion, and fostering professional growth within the region.
This information is meant to be a general summary of Lancaster Chamber Of Commerce & Industry. 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: $21,853
- Program Service Revenue: $1,724,866
- Gross Receipts: $3,203,122
Assets and Liabilities:
- Total Assets: $4,067,110
- Total Liabilities: $2,409,005
- Net Assets: $1,658,105
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,245,638
TRAINING AND EVENTS
Revenue
$447,222
ADVERTISING AND PUBL.
Revenue
$32,006
Organization Details
Founding Year
1979
Phone
(717) 397-3531Principal Officer
Heather Valudes
Main Address
115 EAST KING STREET, LANCASTER, PA, 17602
Website
www.lancasterchamber.comNTEE Category
Code: S41 - Community improvement
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