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Red Oak Chamber And Industry Association Inc

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

EIN: 270823236 ✦ Red oak, IA ✦ Designated as a 501(c)(6)

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Overview

What is Red Oak Chamber And Industry Association Inc?

Red Oak Chamber and Industry Association Inc is a nonprofit organization committed to fostering community growth and development. Their efforts are channeled through various committees and special projects, such as organizing the flight breakfast and promoting local businesses. Moreover, they actively work towards attracting and nurturing new businesses and job opportunities within the community. This proactive approach to community development is a key part of their mission.

Is Red Oak Chamber And Industry Association Inc legitimate?

Red Oak Chamber And Industry Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Red Oak Chamber And Industry Association Inc 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: $44,193
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Red Oak Chamber And Industry Association Inc?

The Red Oak Chamber and Industry Association's mission is centered around promoting and fostering community development. They achieve this through various committees and special projects, such as the flight breakfast, business promotion, and pride of Red Oak events. Additionally, the association plays a role in recruiting, developing, and promoting new businesses and job opportunities within the community. By doing so, they contribute to the overall growth and prosperity of the community.

Who is the CEO of Red Oak Chamber And Industry Association Inc?

Sharon Bradley is the President of Red Oak Chamber And Industry Association Inc.

What is the revenue of Red Oak Chamber And Industry Association Inc?

Red Oak Chamber And Industry Association Inc's revenue in 2022 was $246,457.

Who are the executives of Red Oak Chamber And Industry Association Inc and what are their salaries?

The average compensation at Red Oak Chamber And Industry Association Inc during 2022 was $7,366. There are 6 employees and 1000 volunteers at Red Oak Chamber And Industry Association Inc.


Here are 8 key members and their salaries:


Sharon Bradley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Rea (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryant Blay (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Beeson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Hietbrink (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Carlson (Secretary)
  • Compensation: $44,193
  • Related: $0
  • Other: $0
Corrine Jenkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Lundgren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Red Oak Chamber And Industry Association Inc?

Red Oak Chamber And Industry Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Red Oak Chamber And Industry Association Inc

Red Oak Chamber and Industry Association, in its mission, focuses on community support and development. This nonprofit organization actively promotes and fosters this growth through various committees and special projects. Some of these initiatives include hosting the annual flight breakfast, promoting local businesses, and promoting a sense of pride within the Red Oak community. Beyond these activities, the association also plays a significant role in recruiting, developing, and promoting new businesses and job opportunities within the community. By doing so, Red Oak Chamber and Industry Association contributes to the overall economic and social development of the community.

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Impact




October, 2024

The Red Oak Chamber and Industry Association Inc plays a vital role in enhancing community development and fostering economic growth in Red Oak, Iowa. Through various committees and special projects, such as the flight breakfast and business promotion initiatives, the organization actively engages residents and local businesses.

By prioritizing community improvement and pride in local identity, the association cultivates a sense of belonging among residents and encourages participation in community events. Additionally, it takes on the important task of recruiting and developing new businesses, which not only creates jobs but also stimulates local economic vitality. Overall, the Red Oak Chamber and Industry Association Inc significantly contributes to the overall well-being and prosperity of the Red Oak community.




This information is meant to be a general summary of Red Oak Chamber And Industry Association Inc. 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
$246,457 (2022)
Expenses
$217,249 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $44,819
  • Program Service Revenue: $89,465
  • Gross Receipts: $389,301

Assets and Liabilities:

  • Total Assets: $632,438
  • Total Liabilities: $21,695
  • Net Assets: $610,743

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Programs

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

PRIDE IN RED OAK INCOME

Revenue

$39,438

RAILROAD SPUR REHAB INCOME

Revenue

$10,000

COMMITTEES INCOME

Revenue

$40,027

Organization Details

Founding Year

1974

Principal Officer

Sharon Bradley

Main Address

307 EAST REED STREET, RED OAK, IA, 51566

NTEE Category

Code: S41 - Community improvement

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