Princeton Chamber Of Commerce

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

EIN: 362090205 ✦ Princeton, IL ✦ Designated as a 501(c)(6)

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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: $59,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,784

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.

What is the revenue of Princeton Chamber Of Commerce?

Princeton Chamber Of Commerce's revenue in 2024 was $199,447.

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

The average compensation at Princeton Chamber Of Commerce during 2024 was $38,302. There are 2 employees and 10 volunteers at Princeton Chamber Of Commerce.

Here are 13 key members and their salaries:


Jenica Cole (Executive Direc)
  • Compensation: $59,820
  • Related: $0
  • Other: $0
Ryan Keutzer (President Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roxana Noble (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Austin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Old (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Church (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Piacenti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Yepsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shellee Monier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trisha Shafer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Grimmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Legner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Shouse (Director)
  • Compensation: $0
  • Related: $0
  • 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 2024 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.

Revenue
$199,447 (2024)
Expenses
$215,263 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $18
  • Program Service Revenue: $88,037
  • Gross Receipts: $271,538

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.

ANNUAL MEETING

Revenue

$10,801

CHAMBER LUNCHEON /BREAKFA

Revenue

$26,815

CHRISTMAS LIGHT DRIVE THR

Revenue

$29,430

CHRISTMAS OPEN HOUSE

Revenue

$7,035

FLOWER POT

Revenue

$7,150

Organization Details

Founding Year

1947

Principal Officer

Mike Smith

NTEE Category

Code: S41 - Community improvement

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