Sherwood Chamber Of Commerce

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

EIN: 237298285 ✦ Little rock, AR ✦ Designated as a 501(c)(6)

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Overview

What is Sherwood Chamber Of Commerce?

The Sherwood Chamber of Commerce is a prominent nonprofit organization situated in Little Rock, Arkansas, specifically at 7510 Highway 107. Their primary mission is to improve the business environment and economic prosperity within the Sherwood area. They accomplish this by serving as a hub for business networking, fostering expansion, and nurturing community relationships. Funded by the city of Sherwood, their Economic Development Program actively works to attract jobs, retain businesses, and stimulate overall economic growth in the community. The Chamber's members, consisting of various businesses, organizations, and individuals, collaborate to support the local economy and advocate for the interests of the business community at both the governmental and educational levels.


Official website here: www.sherwoodchamber.net

What do the Facebook reviews say about Sherwood Chamber Of Commerce?

96% of 12 reviewers on Facebook recommend the Sherwood Chamber of Commerce. Here is a summary of their reviews:

The sentiment towards the organization is overwhelmingly positive, with a strong emphasis on community support and engagement. Reviewers express pride in living in Sherwood, highlighting the friendliness and generosity of its residents. Specific appreciation for initiatives such as the support for the local robotics team showcases the Chamber’s role in fostering collaborative community efforts.

Overall, the Sherwood Chamber of Commerce appears to be effectively bringing people together, inspiring a sense of belonging and active participation in the local area. Reviewers feel a deep connection to their city and often express gratitude for the collaborative spirit promoted by the Chamber.


This AI summary has been generated from reviews found on Facebook.

Is Sherwood Chamber Of Commerce legitimate?

Sherwood Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Sherwood 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: $62,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,200

For more financial information, click here


Official website here: www.sherwoodchamber.net

What is the mission statement of Sherwood Chamber Of Commerce?

The Sherwood Chamber of Commerce's mission is centered around enhancing the business environment and improving the economic well-being of a specific area. This organization brings together businesses, organizations, and individuals, all working towards the betterment of their business community. They are dedicated to advocating on behalf of their members at various levels of government and educational institutions, with a focus on fostering local economic growth.


Official website here: www.sherwoodchamber.net

Who is the CEO of Sherwood Chamber Of Commerce?

Veronica Vega is the Chairman Of The Board of Sherwood Chamber Of Commerce.


Official website here: www.sherwoodchamber.net

What is the revenue of Sherwood Chamber Of Commerce?

Sherwood Chamber Of Commerce's revenue in 2022 was $220,745.


Official website here: www.sherwoodchamber.net

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


Here are 13 key members and their salaries:


Teri Cox (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dillon Eberle (Incoming Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myra Randolph (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Williams (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Wilson (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Barnett (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abraham Lopez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damien Evans-Delrie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Hibbard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mack Hutchison (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerrod Russell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Khoo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veronica Vega (President)
  • Compensation: $50,481
  • Related: $0
  • Other: $0


Official website here: www.sherwoodchamber.net

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

Sherwood Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sherwoodchamber.net

Learn more at the official website: www.sherwoodchamber.net

Mission Statement of Sherwood Chamber Of Commerce

The Sherwood Area Chamber of Commerce, a collective of businesses, organizations, and individuals, is dedicated to improving the business environment and the overall economic prosperity of the Sherwood area. This nonprofit organization strives to elevate the quality of life within the region, serving as an advocate for its members at various levels of government and educational institutions. The primary focus of the Sherwood Chamber of Commerce is to foster the growth of the local economy, ensuring the success and well-being of its business community.

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Impact




October, 2024

The Sherwood Chamber of Commerce significantly impacts the local economy and community by fostering a collaborative environment for businesses, organizations, and individuals. Its mission centers around enhancing the business environment and the overall quality of life in the Sherwood area. By implementing an Economic Development Program, funded by the city, the Chamber actively promotes Sherwood as an attractive destination for investment and commerce.

Through its networking opportunities, the Chamber strengthens connections among local businesses, facilitating professional development and community relationships. This engagement helps to raise awareness about economic growth in Sherwood and Pulaski County, encouraging participation from members to drive progress.

The advocacy efforts of the Chamber are crucial, as they represent the interests of members at various governmental levels and educational institutions. This advocacy ensures that the needs and concerns of the business community are addressed effectively, leading to enhanced opportunities for job creation and business retention. Overall, the Sherwood Chamber of Commerce plays a vital role in driving economic development and improving community well-being.




This information is meant to be a general summary of Sherwood 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
$220,745 (2022)
Expenses
$220,288 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $124
  • Program Service Revenue: $49,811
  • Gross Receipts: $251,653

Assets and Liabilities:

  • Total Assets: $61,416
  • Total Liabilities: $0
  • Net Assets: $61,416

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Programs

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

Annual Banquet

Revenue

$23,280

Chairman's Circle Inco

Revenue

$10,540

Monthly Luncheons

Revenue

$7,838

Academic Signing Day I

Revenue

$3,250

Leads Group Income

Revenue

$1,250

Organization Details

Founding Year

1973

Principal Officer

Veronica Vega

Main Address

7510 Highway 107, Little Rock, AR, 72120

NTEE Category

Code: S41 - Community improvement

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