Lockport Chamber Of Commerce

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

EIN: 362806448 ✦ Lemont, IL ✦ Designated as a 501(c)(6)

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Overview

What is Lockport Chamber Of Commerce?

The Lockport Chamber of Commerce, headquartered in Lockport, Illinois, serves as a vital advocate for local businesses. Led by Ronald Lif, its primary objective is to bolster the community and support its people. The organization actively engages in promoting town events, thereby fostering a sense of unity and engagement among residents.

Is Lockport Chamber Of Commerce legitimate?

Lockport Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lockport 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: $83,361

For more financial information, click here

What is the mission statement of Lockport Chamber Of Commerce?

The Lockport Chamber of Commerce operates with a mission to promote business growth while supporting local events and the community. Their primary objective is to contribute positively to the well-being of the town's people. The organization aims to foster a vibrant business environment, serving as a catalyst for community development and engagement. The Chamber's activities are geared towards promoting business growth and enhancing the overall quality of life within the community.

What is the revenue of Lockport Chamber Of Commerce?

Lockport Chamber Of Commerce's revenue in 2023 was $135,013.

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

The average compensation at Lockport Chamber Of Commerce during 2023 was $83,361. There is 1 employee and 20 volunteers at Lockport Chamber Of Commerce.

There is 1 key member and their salary:


Na (N/A)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lockport Chamber Of Commerce?

Lockport Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lockport Chamber Of Commerce

The Lockport Chamber of Commerce, led by Ronald Lif, is committed to a mission that goes beyond promoting business. This nonprofit organization aims to support the town's events and people, playing a vital role in the community's fabric. By advocating for local businesses and engaging in town events, the Lockport Chamber of Commerce works towards enhancing the overall well-being of its residents. This mission is reflected in its activities, which are geared towards fostering a sense of unity and community among the townspeople.

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Impact




October, 2024

The Lockport Chamber of Commerce plays a crucial role in promoting and supporting local businesses in Lockport, IL. By fostering a vibrant business community, the organization enhances the overall economic development of the area, encouraging entrepreneurship and attracting new businesses. Under the leadership of Ronald Lif, the Chamber actively engages in organizing town events that not only celebrate the community but also offer networking opportunities for local businesses.

These initiatives help to drive foot traffic to local shops and services, benefitting both consumers and business owners. Additionally, the Chamber serves as a vital resource, providing information and support to existing businesses, helping them grow and thrive. By championing local interests and advocating for the needs of businesses, the Lockport Chamber of Commerce contributes to the overall well-being and prosperity of the Lockport community.




This information is meant to be a general summary of Lockport 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
$135,013 (2023)
Expenses
$112,191 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $293,420

Assets and Liabilities:

  • Total Assets: $209,768
  • Total Liabilities: $0
  • Net Assets: $209,768

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Organization Details

Founding Year

1974

Principal Officer

Ronald Lif

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