Overview
What is Palatine Area Chamber Of Commerce Inc?
Palatine Area Chamber of Commerce Inc, located in Palatine, Illinois, serves as a prominent trade or professional association, functioning as a chamber of commerce. Their primary purpose is to actively promote local businesses within the area. This nonprofit organization is dedicated to fostering a thriving business community, working tirelessly to enhance the economic growth and prosperity of Palatine's businesses.
Official website here: www.palatinechamber.com
Is Palatine Area Chamber Of Commerce Inc legitimate?
Palatine Area Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Palatine Area Chamber Of Commerce 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: $62,015
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.palatinechamber.com
What is the mission statement of Palatine Area Chamber Of Commerce Inc?
The Palatine Area Chamber of Commerce Inc, being a trade or professional association, is dedicated to promoting business growth and development in its area. Their primary mission is centered around fostering business advancement, serving as a platform for networking and collaboration among local businesses. By doing so, they contribute to the overall economic growth and prosperity of the community.
Official website here: www.palatinechamber.com
What is the revenue of Palatine Area Chamber Of Commerce Inc?
Palatine Area Chamber Of Commerce Inc's revenue in 2020 was $116,611.
Official website here: www.palatinechamber.com
Who are the executives of Palatine Area Chamber Of Commerce Inc and what are their salaries?
The average compensation at Palatine Area Chamber Of Commerce Inc during 2020 was $62,015. There is 1 employee and 9 volunteers at Palatine Area Chamber Of Commerce Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.palatinechamber.com
Where can I find the form 990 for Palatine Area Chamber Of Commerce Inc?
Palatine Area Chamber Of Commerce Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.palatinechamber.com
Learn more at the official website: www.palatinechamber.com
Mission Statement of Palatine Area Chamber Of Commerce Inc
The Palatine Area Chamber of Commerce Inc, as a trade or professional association, is dedicated to the promotion of businesses in its area. This mission is aimed at fostering a thriving business environment and supporting the growth and development of local businesses. By championing area business promotion, the Palatine Area Chamber of Commerce Inc plays a significant role in enhancing the economic vitality of the community.
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Impact
October, 2024
The Palatine Area Chamber of Commerce Inc plays a vital role in enhancing the local economy and fostering community growth in Palatine, Illinois. By promoting area businesses, the Chamber creates an environment conducive to entrepreneurship and economic development. This not only supports local enterprises but also contributes to job creation and retention within the community.
Through various initiatives, the Chamber facilitates networking opportunities, collaborates with stakeholders, and provides resources for business growth. Their commitment to community improvement translates into a stronger local economy, better services, and a vibrant atmosphere that attracts residents and visitors alike.
The Chamber's efforts in advocacy and support for local businesses also help to create a unified voice, enabling them to address challenges and seize opportunities effectively. Overall, the Palatine Area Chamber of Commerce Inc significantly impacts the region by enabling businesses to thrive and enhancing the quality of life for all community members.
This information is meant to be a general summary of Palatine Area Chamber Of Commerce 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 2020.
- Investment Income: $54
- Program Service Revenue: $57,378
- Gross Receipts: $116,611
Assets and Liabilities:
- Total Assets: $43,819
- Total Liabilities: $25,645
- Net Assets: $18,174
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUSINESS PROMOTION
Revenue
$13,344
MEETINGS & SEMINARS
Revenue
$5,911
GOLF OUTING
Revenue
$14,635
KEY TO SUCCESS
Revenue
$7,880
YEA PROGRAM
Revenue
$15,608
Organization Details
Founding Year
1951
Principal Officer
Eric Marzinke
Website
www.palatinechamber.comNTEE Category
Code: S41 - Community improvement
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