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Greater Bloomington Chamber Of Commerce Foundation Inc

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

EIN: 352066449 ✦ Bloomington, IN ✦ Designated as a 501(c)(3)

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Overview

What is Greater Bloomington Chamber Of Commerce Foundation Inc?

Greater Bloomington Chamber of Commerce Foundation Inc is a nonprofit organization located at 421 W 6th Street, Bloomington, IN 47404. Its primary focus is on educational and charitable activities, with a mission to foster partnerships between the local business community, educational system, and community at large. The foundation supports career education in the county schools, such as MCCSC and RBBCS, by funding initiatives and activities that expose students to work/job skills, career awareness, and job experiences. During the COVID-19 pandemic, the foundation adapted by establishing a virtual library of career exploration, financial literacy, and job skills videos, making them available to all students served by the districts. This way, the foundation empowers over 1,000 students in the county to develop essential skills for their future careers.

Is Greater Bloomington Chamber Of Commerce Foundation Inc legitimate?

Greater Bloomington Chamber Of Commerce Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Bloomington Chamber Of Commerce Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,384

For more financial information, click here

What is the mission statement of Greater Bloomington Chamber Of Commerce Foundation Inc?

The Greater Bloomington Chamber of Commerce Foundation Inc's mission is focused on fostering partnerships and career education between the local business community, educational system, and the community at large. Their goal is to encourage career awareness, lifelong learning, youth apprenticeships, and workforce development. In 2021, the foundation contributed to educational activities in local schools, reaching over 1,000 students through programs designed to expose them to work/job skills, career awareness, and job experiences. Despite the challenges posed by COVID-19, the Success School managed to adapt, establishing a virtual library of career exploration, financial literacy, and job skills videos, making them accessible to all students served by the districts.

Who is the CEO of Greater Bloomington Chamber Of Commerce Foundation Inc?

Eric Spoonmore is the Board Chair of Greater Bloomington Chamber Of Commerce Foundation Inc.

What is the revenue of Greater Bloomington Chamber Of Commerce Foundation Inc?

Greater Bloomington Chamber Of Commerce Foundation Inc's revenue in 2022 was $87,041.

Who are the executives of Greater Bloomington Chamber Of Commerce Foundation Inc and what are their salaries?

There 412 volunteers at Greater Bloomington Chamber Of Commerce Foundation Inc.


Here are 8 key members and their salaries:


Don Weiler (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Shockney (First Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Ferguson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Shishman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alyssa Woolard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Abshier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Somer Kopp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Predmore (Board Member)
  • Compensation: $0
  • Related: $113,678
  • Other: $1,215
Where can I find the form 990 for Greater Bloomington Chamber Of Commerce Foundation Inc?

Greater Bloomington Chamber Of Commerce Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Greater Bloomington Chamber Of Commerce Foundation Inc

The Greater Bloomington Chamber Of Commerce Foundation Inc is dedicated to fostering collaborative partnerships between the local business community, educational institutions, and the broader community at large. Their mission is multifaceted, encompassing the promotion of career education, encouraging lifelong learning, and advocating for youth apprenticeships and workforce development. By doing so, they aim to bridge the gap between the world of work and the educational system, providing students with the necessary skills and awareness to navigate their future careers.

In 2021, the Foundation demonstrated their commitment to this mission by supporting various initiatives in the county's schools, including MCCSC and RBBCS. Through these partnerships, over 1,000 students were given the opportunity to engage in activities designed to expose them to work skills, career awareness, and job experiences. Notably, during the challenges posed by the COVID-19 pandemic, the Foundation successfully established a virtual library of career exploration, financial literacy, and job skills videos. This resource was made available to all 20,000 students served by the districts, ensuring that learning and career awareness continued despite the constraints of remote learning.

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Impact




October, 2024

The Greater Bloomington Chamber of Commerce Foundation Inc significantly impacts education and workforce development in the community. In 2021, the foundation funded initiatives in local schools, including Monroe County Community School Corporation (MCCSC) and Richland-Bean Blossom Community Schools (RBBCS), engaging over 1,000 students in programs that enhance their work and job skills, career awareness, and job experience.

The foundation also adapted to the challenges posed by COVID-19 by establishing a virtual library that provides access to valuable career exploration, financial literacy, and job skills resources. This library supports all 20,000 students in the districts, ensuring they have the tools necessary for future success.

By fostering partnerships between the local business community, educational institutions, and other stakeholders, the foundation promotes lifelong learning and youth apprenticeships, ultimately contributing to the overall workforce development in the Greater Bloomington area.




This information is meant to be a general summary of Greater Bloomington Chamber Of Commerce Foundation 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
$87,041 (2022)
Expenses
$84,702 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $68
  • Program Service Revenue: $17,108
  • Gross Receipts: $87,041

Assets and Liabilities:

  • Total Assets: $157,516
  • Total Liabilities: $42,186
  • Net Assets: $115,330

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Programs

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

STEM FAIR

Revenue

$8,000

EMPLOYMENT FAIR

Revenue

$3,085

DEI INCOME

Revenue

$3,023

SUCCESS SCHOOL

Revenue

$3,000

Organization Details

Founding Year

1998

Principal Officer

Eric Spoonmore

Main Address

421 W 6TH STREET, BLOOMINGTON, IN, 47404

NTEE Category

Code: B80 - Education

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