Solon Chamber Of Commerce

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

EIN: 341211128 ✦ Solon, OH ✦ Designated as a 501(c)(6)

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Overview

What is Solon Chamber Of Commerce?

The Solon Chamber of Commerce, situated in Solon, Ohio, serves as a hub for local businesspeople. Based at 6240 SOM Center Road Suite 211, this nonprofit organization's primary role is to advocate for the Solon business community, fostering a thriving economic environment in the area. They achieve this goal through various initiatives, including organizing meetings, seminars, and networking events. The Chamber's mission is to support and promote the growth of businesses within its vicinity, striving to create a prosperous business landscape. With a modest workforce of three dedicated individuals, the Solon Chamber of Commerce plays a significant role in strengthening the city's commercial fabric.


Official website here: www.solonchamber.com

Is Solon Chamber Of Commerce legitimate?

Solon Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Solon 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: $81,415
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,440

For more financial information, click here


Official website here: www.solonchamber.com

What is the mission statement of Solon Chamber Of Commerce?

The Solon Chamber of Commerce's mission is to serve and advocate for the business community by actively supporting and fostering economic growth in its vicinity. They achieve this by offering various platforms, such as meetings, seminars, and networking opportunities, for local businesspeople to engage and connect. The primary goal is to contribute to a vibrant and thriving business environment.


Official website here: www.solonchamber.com

Who is the CEO of Solon Chamber Of Commerce?

Marilyn Mcmillin is the CEO of Solon Chamber Of Commerce The CEO's salary of Solon Chamber Of Commerce is $81,415 and their total compensation is $81,415.


Official website here: www.solonchamber.com

What is the revenue of Solon Chamber Of Commerce?

Solon Chamber Of Commerce's revenue in 2023 was $231,577.


Official website here: www.solonchamber.com

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

The average compensation at Solon Chamber Of Commerce during 2023 was $60,428. There are 2 employees at Solon Chamber Of Commerce.

Here are 20 key members and their salaries (Solon Chamber Of Commerce's CEO's salary is $81,415 and their total compensation is $81,415):


Marilyn Mcmillin (President/Ceo)
  • Compensation: $81,415
  • Related: $0
  • Other: $0
Dolly Slaughter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danial Goldfarb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Burke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Russo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Pilat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Coon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Elbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Fein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Linden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angee Shaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Robertson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Peleg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tricia Sanborn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Saevar Thordarson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Toner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Arauz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Nutter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johanna Tanno (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Young Liberatore (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.solonchamber.com

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

Solon Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.solonchamber.com

Learn more at the official website: www.solonchamber.com

Mission Statement of Solon Chamber Of Commerce

The Solon Chamber of Commerce, as a nonprofit organization, is committed to advocating for the business community in and around Solon, Ohio. Its mission is to serve this community effectively by promoting and fostering vibrant economic growth. The Chamber accomplishes this by offering various opportunities for business people, including meetings, seminars, and networking events. These events enable the members of the business community to connect, collaborate, and share knowledge, ultimately contributing to the overall growth and success of their businesses. By supporting the local business sector, the Solon Chamber of Commerce plays a crucial role in driving the region's economic development.

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Impact




October, 2024

The Solon Chamber of Commerce plays a significant role in fostering a vibrant economic environment for businesses in and around Solon, OH. By advocating for the local business community, the Chamber helps create a strong support network that encourages collaboration and growth among entrepreneurs and business owners.

Through its organization of meetings, seminars, and networking opportunities, the Chamber provides essential resources that enable local businesses to connect, share ideas, and learn from each other. This cooperative environment not only enhances individual businesses but also contributes to the overall economic development of the region.

The initiatives led by the Solon Chamber of Commerce promote community improvement, helping to build a robust local economy that benefits residents and businesses alike. The focus on economic growth creates a ripple effect, leading to increased job opportunities, better services, and a higher quality of life for those living in the area.




This information is meant to be a general summary of Solon 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
$231,577 (2023)
Expenses
$191,525 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $693
  • Program Service Revenue: $197,673
  • Gross Receipts: $249,558

Assets and Liabilities:

  • Total Assets: $55,400
  • Total Liabilities: $46,368
  • Net Assets: $9,032

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Programs

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

Membership Dues

Revenue

$146,200

Meetings and Networking

Revenue

$38,057

Affinity Programs

Revenue

$13,416

Organization Details

Founding Year

1927

Principal Officer

Marilyn Mcmillin

NTEE Category

Code: S41 - Community improvement

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