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Chamber Of Business & Industry Of Centre

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

EIN: 251196048 ✦ State college, PA ✦ Designated as a 501(c)(6)

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Overview

What is Chamber Of Business & Industry Of Centre?

The Chamber of Business & Industry of Centre is a nonprofit organization situated in State College, Pennsylvania. With a modest team of nine individuals, their primary mission is to foster the prosperity and expansion of commerce, business, and industry in Centre County. Their activities involve championing and encouraging proposed or ongoing business developments in the area. Additionally, they strive to preserve a high standard of living in Centre County by balancing economic growth with a desirable quality of life.


Official website here: www.cbicc.org

Is Chamber Of Business & Industry Of Centre legitimate?

Chamber Of Business & Industry Of Centre is a legitimate nonprofit organization registered as a 501(c)(6) entity. Chamber Of Business & Industry Of Centre 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: $165,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $253,392

For more financial information, click here


Official website here: www.cbicc.org

What is the mission statement of Chamber Of Business & Industry Of Centre?

The Chamber of Business & Industry of Centre has a mission to foster the prosperity and expansion of commerce, businesses, and industries. This organization strives to maintain a high standard of living in the community by actively promoting and supporting proposed or ongoing business developments. Their primary goal is to contribute to the growth and well-being of businesses while ensuring a balanced approach that prioritizes the overall quality of life in the community.


Official website here: www.cbicc.org

Who is the CEO of Chamber Of Business & Industry Of Centre?

Greg Scott is the Member of Chamber Of Business & Industry Of Centre. The CEO's salary of Chamber Of Business & Industry Of Centre is $164,056 and their total compensation is $164,056.


Official website here: www.cbicc.org

What is the revenue of Chamber Of Business & Industry Of Centre?

Chamber Of Business & Industry Of Centre's revenue in 2022 was $806,851.


Official website here: www.cbicc.org

Who are the executives of Chamber Of Business & Industry Of Centre and what are their salaries?

The average compensation at Chamber Of Business & Industry Of Centre during 2022 was $46,488. There are 9 employees and 40 volunteers at Chamber Of Business & Industry Of Centre.


Here are 22 key members and their salaries (Chamber Of Business & Industry Of Centre's CEO's salary is $164,056 and their total compensation is $164,056):


Adam Brumbaugh (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Hayes (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Johnson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Kurtz (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Dupuis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Magent (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Rogers (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Bullock (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Morath (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
O J Johnston (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Sparacino (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Fountaine (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sepp (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cristin Long (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Charles (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Thorndike (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Higgins (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zack Moore (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Thomas (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Scott (President/Ceo)
  • Compensation: $164,056
  • Related: $0
  • Other: $0
Fritz Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Stuckey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cbicc.org

Where can I find the form 990 for Chamber Of Business & Industry Of Centre?

Chamber Of Business & Industry Of Centre's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cbicc.org

Learn more at the official website: www.cbicc.org

Mission Statement of Chamber Of Business & Industry Of Centre

The Chamber of Business & Industry of Centre, as an organization, is dedicated to promoting the prosperity and expansion of commerce, businesses, and industries. Its mission is twofold: to advocate for the well-being and growth of these sectors, and to strive for the preservation of a high quality of life within Centre County. In pursuit of this goal, the Chamber actively supports and encourages business development within the area, providing assistance and promoting proposed or ongoing projects. By doing so, it aims to contribute positively to the economic and social fabric of Centre County.

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Impact




October, 2024

The Chamber of Business & Industry of Centre plays a crucial role in enhancing economic vitality and community well-being in Centre County. By actively promoting commerce, business, and industry, it helps create a robust local economy. The Chamber supports new and existing businesses through various initiatives, fostering a collaborative environment that encourages development and innovation.

Through its efforts, the Chamber contributes to job creation and economic diversification, ensuring that the community remains resilient. It serves as a resource for businesses seeking assistance, guidance, and networking opportunities. In parallel with its economic objectives, the Chamber also prioritizes maintaining a high quality of life in the region, recognizing that a thriving community is essential for sustainable growth. By balancing commerce with community interests, the Chamber helps cultivate an environment where both businesses and residents can prosper.




This information is meant to be a general summary of Chamber Of Business & Industry Of Centre. 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
$806,851 (2022)
Expenses
$759,579 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $53,539
  • Program Service Revenue: $164,067
  • Gross Receipts: $2,157,924

Assets and Liabilities:

  • Total Assets: $3,642,903
  • Total Liabilities: $851,003
  • Net Assets: $2,791,900

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Programs

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

NON-DUES REVENUE

Revenue

$132,201

REVOLVING LOAN AND MOR

Revenue

$31,866

Organization Details

Founding Year

1952

Principal Officer

Greg Scott

Main Address

131 S FRASER STREET 1, STATE COLLEGE, PA, 16801

NTEE Category

Code: S41 - Community improvement

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