Overview
What is Princeton Chamber Of Commerce?
Princeton Chamber of Commerce is a membership-based nonprofit organization situated in Princeton, Illinois. Their primary mission is to prioritize and support their chamber members by offering promotional and service opportunities. They strive to promote the community as an attractive location for both businesses and individuals to thrive. With a small team of two employees, the Princeton Chamber of Commerce works to enhance the local community's business environment and overall appeal.
Is Princeton Chamber Of Commerce legitimate?
Princeton Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Princeton 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: $55,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,706
For more financial information, click here
What is the mission statement of Princeton Chamber Of Commerce?
The Princeton Chamber of Commerce functions as a membership organization, prioritizing the promotion and service needs of its members first. Subsequently, it extends these benefits to the local community, aiming to enhance the community's reputation as an ideal place for both businesses and individuals to thrive. The organization's mission is centered around advocating for its members' interests and fostering a prosperous and appealing environment for both businesses and individuals within the community.
Who is the CEO of Princeton Chamber Of Commerce?
Mike Smith is the Principal Officer of Princeton Chamber Of Commerce. The CEO's salary of Princeton Chamber Of Commerce is $0 and their total compensation is $0.
What is the revenue of Princeton Chamber Of Commerce?
Princeton Chamber Of Commerce's revenue in 2023 was $213,540.
Who are the executives of Princeton Chamber Of Commerce and what are their salaries?
The average compensation at Princeton Chamber Of Commerce during 2023 was $41,103. There are 2 employees and 10 volunteers at Princeton Chamber Of Commerce.
Here are 14 key members and their salaries (Princeton Chamber Of Commerce's CEO's salary is $0 and their total compensation is $0):
- Compensation: $55,500
- Related: $0
- Other: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Princeton Chamber Of Commerce?
Princeton Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Princeton Chamber Of Commerce
The Princeton Chamber of Commerce, as a membership organization, is committed to serving its members first by providing promotions and services. Its mission extends beyond its members, aiming to promote the community as an ideal place for businesses and individuals to reside. This organization strives to enhance the appeal of the local community, positioning it as a desirable location for both businesses and individuals.
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Impact
October, 2024
Princeton Chamber of Commerce significantly impacts the local economy and community by prioritizing the needs of its members and by promoting Princeton as an attractive destination for both businesses and residents. Through various promotional activities and services, the Chamber enhances the visibility of local businesses, which can lead to increased customer traffic and sales.
Additionally, the Chamber's efforts in community promotion foster an environment that attracts new businesses and potential residents, thereby stimulating economic growth. By focusing on community improvement, the Chamber contributes to making Princeton a more vibrant, welcoming, and prosperous place to live and work. Overall, its mission to serve Chamber members first translates into broader benefits for the entire community, creating a synergistic effect that supports local development.
This information is meant to be a general summary of Princeton 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $9
- Program Service Revenue: $60,700
- Gross Receipts: $272,809
Assets and Liabilities:
- Total Assets: $94,592
- Total Liabilities: $22,534
- Net Assets: $72,058
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAREER/JOB FIAR/NETWORKIN
Revenue
$2,708
CHAMBER LUNCHEON /BREAKFA
Revenue
$20,090
CHRISTMAS LIGHT DRIVE THR
Revenue
$24,450
CHRISTMAS OPEN HOUSE
Revenue
$8,675
SHOP LOCAL
Revenue
$2,885
Organization Details
Founding Year
1947
Phone
(815) 875-2616Principal Officer
Mike Smith
Main Address
435 SOUTH MAIN STREET, PRINCETON, IL, 61356
NTEE Category
Code: S41 - Community improvement
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