Overview
What is West Central Association Inc?
West Central Association Inc, based in Chicago, Illinois, serves as the Chamber of Commerce for its local area, acting as a delegate for the City of Chicago's department of Planning and Economic Development. Its mission is to promote the area, fostering a supportive environment for businesses by organizing monthly meetings to discuss area-specific issues and distributing newsletters. Furthermore, the nonprofit offers member assistance, providing solutions to business-related problems. With a small team of three employees, West Central Association Inc plays a vital role in strengthening the West Central community through its dedicated initiatives.
Official website here: www.wcachicago.org
Is West Central Association Inc legitimate?
West Central Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. West Central 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: $262,341
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wcachicago.org
What is the mission statement of West Central Association Inc?
The West Central Association Inc, serving as the Chamber of Commerce for a specific area, and acting as a delegate agency for the City of Chicago's department of Planning and Economic Development, is committed to promoting the region. This is accomplished through regular monthly meetings focusing on local business issues, as well as disseminating related information through newsletters. Moreover, the association provides assistance to its members in addressing their business challenges.
Official website here: www.wcachicago.org
What is the revenue of West Central Association Inc?
West Central Association Inc's revenue in 2023 was $530,258.
Official website here: www.wcachicago.org
Who are the executives of West Central Association Inc and what are their salaries?
The average compensation at West Central Association Inc during 2023 was $87,447. There are 3 employees and 50 volunteers at West Central Association Inc.
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Official website here: www.wcachicago.org
Where can I find the form 990 for West Central Association Inc?
West Central Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wcachicago.org
Learn more at the official website: www.wcachicago.org
Mission Statement of West Central Association Inc
West Central Association Inc, functioning as the Chamber of Commerce for its designated area and acting as a delegate agency for the City of Chicago's department of Planning and Economic Development, is committed to promoting the welfare of the West Central region. Their mission involves actively engaging in monthly meetings to discuss local business concerns and issues. They also produce newsletters that keep members informed about these matters. Furthermore, West Central Association Inc offers assistance to its members when they encounter business-related problems, demonstrating their dedication to supporting the growth and success of businesses within the West Central area.
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Impact
October, 2024
West Central Association Inc plays a vital role in enhancing the economic and social landscape of the West Central area of Chicago. By functioning as the Chamber of Commerce for the region, it actively promotes local businesses and fosters a sense of community among entrepreneurs and residents. Regular monthly meetings provide a platform for discussing pressing business issues, allowing members to share insights, challenges, and solutions.
In addition to these gatherings, the association disseminates newsletters that keep members informed about relevant developments and opportunities within the business community. This flow of information is crucial for helping local businesses navigate challenges and seize new opportunities.
The West Central Association's collaboration with the City of Chicago's Department of Planning and Economic Development further strengthens its impact, enabling it to serve as a bridge between local enterprises and municipal resources. This partnership ensures that the needs of the community are represented in broader urban planning discussions, leading to collective benefits for all stakeholders involved.
Through its initiatives, the West Central Association Inc not only promotes economic growth but also contributes to community improvement, making the West Central area a more vibrant and viable place to live and work.
This information is meant to be a general summary of West Central 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $6,195
- Program Service Revenue: $40,000
- Gross Receipts: $530,258
Assets and Liabilities:
- Total Assets: $247,964
- Total Liabilities: $0
- Net Assets: $247,964
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Services
Revenue
$40,000
Organization Details
Founding Year
1918
Principal Officer
Armando Chacon
Website
www.wcachicago.orgNTEE Category
Code: S41 - Community improvement
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