Galena Area Chamber Of Commerce

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

EIN: 362735217 ✦ Galena, IL ✦ Designated as a 501(c)(6)

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Overview

What is Galena Area Chamber Of Commerce?

The Galena Area Chamber of Commerce is a local nonprofit organization, headquartered at 515 South Main Street, Galena, Illinois. Its primary mission is to boost the economic well-being of the business community and enhance the overall quality of life in the Galena area. To achieve this goal, the Chamber organizes a trade show, offering its members an opportunity to showcase their goods and services to the local community. This event aligns with the organization's commitment to supporting the local business sector, as per its mission statement. With a team of two dedicated individuals, the Galena Area Chamber of Commerce plays a vital role in promoting the growth and prosperity of its community.


Official website here: www.galenachamber.com

Is Galena Area Chamber Of Commerce legitimate?

Galena Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Galena Area 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,143

For more financial information, click here


Official website here: www.galenachamber.com

What is the mission statement of Galena Area Chamber Of Commerce?

The Galena Area Chamber of Commerce operates with a mission to advance the economic well-being of the local business community and contribute to the overall quality of life in the area. In pursuit of this goal, the organization hosts events and initiatives, such as a trade show, which allow members to showcase their goods and services to the local community. By doing so, the chamber contributes to the prosperity of the business community, ultimately enhancing the livelihood of the area as a whole. The chamber's activities aim to foster a vibrant and thriving business environment, thereby improving the overall quality of life in the region.


Official website here: www.galenachamber.com

Who is the CEO of Galena Area Chamber Of Commerce?

Cindy Foley is the Director of Galena Area Chamber Of Commerce.


Official website here: www.galenachamber.com

What is the revenue of Galena Area Chamber Of Commerce?

Galena Area Chamber Of Commerce's revenue in 2021 was $65,826.


Official website here: www.galenachamber.com

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

The average compensation at Galena Area Chamber Of Commerce during 2021 was $18,072. There are 2 employees and 50 volunteers at Galena Area Chamber Of Commerce.


Here are 10 key members and their salaries:


Devin Patterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Van Osdel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trent Yenney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brianne Van Hemert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Giner Zambrano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Foley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelli Jackson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oniqueh Giles (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Blaum (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.galenachamber.com

Where can I find the form 990 for Galena Area Chamber Of Commerce?

Galena Area Chamber Of Commerce's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.galenachamber.com

Learn more at the official website: www.galenachamber.com

Mission Statement of Galena Area Chamber Of Commerce

The Galena Area Chamber of Commerce, as a local organization, is committed to promoting the economic well-being of the business community and contributing to the overall quality of life in the area. To accomplish this mission, the chamber operates with the primary goal of fostering the success of local businesses. One of their key initiatives is hosting a trade show, an event that provides an opportunity for chamber members to showcase their goods and services to the local community. This event aligns with the organization's mission statement, as it directly supports the welfare of the local business community.

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Impact




October, 2024

The Galena Area Chamber of Commerce significantly impacts the local community by promoting the economic welfare of businesses and enhancing the overall quality of life in the area. By sponsoring events such as trade shows, the Chamber provides a platform for local businesses to display their goods and services, fostering connections between businesses and residents. This not only supports economic growth but also helps build a vibrant community atmosphere. The Chamber's activities encourage collaboration among members, driving innovation and improvement in the local economy, ultimately benefiting all residents of Galena. Through its efforts, the Chamber plays a crucial role in community improvement and sustaining local commerce.




This information is meant to be a general summary of Galena Area 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
$65,826 (2021)
Expenses
$54,221 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $140
  • Program Service Revenue: $20,313
  • Gross Receipts: $78,389

Assets and Liabilities:

  • Total Assets: $84,353
  • Total Liabilities: $31,355
  • Net Assets: $52,998

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Programs

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

OHTER PROGRAMS

Revenue

$5,980

SPONSORSHIPS

Revenue

$4,950

SHOWCASE

Revenue

$4,684

ANNUAL DINNER

Revenue

$3,574

SERVICES

Revenue

$1,125

Organization Details

Founding Year

1838

Principal Officer

Cindy Foley

Main Address

515 SOUTH MAIN STREET, GALENA, IL, 61036

NTEE Category

Code: S41 - Community improvement

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