Franklin Chamber Of Commerce

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

EIN: 350845027 ✦ Franklin, IN ✦ Designated as a 501(c)(6)

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Overview

What is Franklin Chamber Of Commerce?

The Franklin Chamber of Commerce, situated in Franklin, Indiana, is a local nonprofit organization with a mission to foster collaboration between businesses and the community. They achieve this by organizing networking events, such as luncheons, a golf outing, and a holiday lighting program. These activities aim to stimulate economic growth in the Franklin area. The Chamber serves as a bridge, connecting businesses with the community, thereby offering opportunities for growth and development. With a workforce of four dedicated individuals, they contribute to the local economy of Franklin, Indiana.


Official website here: www.franklincoc.com

Is Franklin Chamber Of Commerce legitimate?

Franklin Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Franklin 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: $60,962
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,868

For more financial information, click here


Official website here: www.franklincoc.com

What is the mission statement of Franklin Chamber Of Commerce?

The Franklin Chamber of Commerce mission is centered around connecting business with the community, facilitating opportunities for growth and development. They strive to serve their chamber members by organizing events such as networking luncheons, a golf outing, and a holiday lighting program. These activities aim to stimulate economic development within the Franklin area. In essence, the Franklin Chamber of Commerce acts as a bridge between local businesses and the community, fostering growth and advancement.


Official website here: www.franklincoc.com

Who is the CEO of Franklin Chamber Of Commerce?

Kristen Loy is the President of Franklin Chamber Of Commerce.


Official website here: www.franklincoc.com

What is the revenue of Franklin Chamber Of Commerce?

Franklin Chamber Of Commerce's revenue in 2022 was $253,287.


Official website here: www.franklincoc.com

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

The average compensation at Franklin Chamber Of Commerce during 2022 was $31,208. There are 4 employees and 15 volunteers at Franklin Chamber Of Commerce.


Here are 16 key members and their salaries:


Rosemary Chambers (Executive Di)
  • Compensation: $59,200
  • Related: $0
  • Other: $1,762
Kristen Loy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Richardson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Dutton (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Turrel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Garvorski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Schmidt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr David Clendening (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lezlie Richards (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Moorman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Wells (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chelsea Cooley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aleks Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Leugers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Pfeiffer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Shuck (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.franklincoc.com

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

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


Official website here: www.franklincoc.com

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

Mission Statement of Franklin Chamber Of Commerce

The Franklin Chamber of Commerce serves its members by linking business with the community, offering opportunities for growth and development. This mission is accomplished through various initiatives such as networking luncheons, a golf outing, and a holiday lighting program. These events aim to promote economic development in the Franklin, Indiana area, thereby benefiting the Chamber's members and the community at large. By fostering these connections, the Franklin Chamber of Commerce contributes to the overall prosperity and well-being of its members and their respective businesses.

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Impact




October, 2024

The Franklin Chamber of Commerce plays a vital role in the local community by fostering connections between businesses and residents, thereby promoting economic growth and development in the Franklin, Indiana area. Through initiatives such as networking luncheons, a golf outing, and a holiday lighting program, the Chamber creates opportunities for businesses to engage with community members and other organizations, enhancing collaboration and visibility.

These activities not only support individual business growth but also strengthen the overall economic landscape of Franklin. By facilitating these interactions, the Chamber helps cultivate a vibrant community atmosphere that encourages investment and local patronage. The resulting synergy between businesses and the community leads to improved local services, community events, and overall quality of life for residents.




This information is meant to be a general summary of Franklin 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
$253,287 (2022)
Expenses
$251,646 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $81
  • Program Service Revenue: $211,898
  • Gross Receipts: $264,577

Assets and Liabilities:

  • Total Assets: $410,773
  • Total Liabilities: $0
  • Net Assets: $410,773

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Programs

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

DUES - CURRENT YEAR

Revenue

$104,876

REVENUE - PROGRAM SERVICE

Revenue

$77,807

PREPAID DUES

Revenue

$29,215

Organization Details

Founding Year

1910

Principal Officer

Kristen Loy

Main Address

120 EAST JEFFERSON STREET, FRANKLIN, IN, 46131

NTEE Category

Code: S41 - Community improvement

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