Mchenry Area Chamber Of Commerce

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

EIN: 362992246 ✦ Mchenry, IL ✦ Designated as a 501(c)(6)

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Overview

What is Mchenry Area Chamber Of Commerce?

The Mchenry Area Chamber of Commerce is a nonprofit organization situated at 1257 North Green Street, Mchenry, Illinois 60050. Its primary mission is to foster a thriving local business community by organizing and sponsoring events that encourage networking opportunities. These events help promote a positive community identity. The chamber also ensures its members are well-informed about upcoming events. With a team of 5 dedicated individuals, they play a crucial role in strengthening local business connections and uplifting the community.


Official website here: www.mchenrychamber.com

What do the Facebook reviews say about Mchenry Area Chamber Of Commerce?

98% of 30 reviewers on Facebook recommend the McHenry Area Chamber of Commerce. Here is a summary of their reviews:

The sentiment towards the Chamber is overwhelmingly positive, with members expressing appreciation for the strong support and engagement they experience. Many feel grateful to be part of an organization that actively contributes to the local business community's growth and success.

Overall, the McHenry Area Chamber of Commerce is recognized for its dedication and effectiveness in helping its members thrive, fostering a collaborative environment where businesses can connect and develop.


This AI summary has been generated from reviews found on Facebook.

Is Mchenry Area Chamber Of Commerce legitimate?

Mchenry Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mchenry 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: $121,188
Professional Fundraising Fees: $0
Other Salaries and Wages: $128,104

For more financial information, click here


Official website here: www.mchenrychamber.com

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

The Mchenry Area Chamber of Commerce actively sponsors and organizes community events to foster networking opportunities for local businesses. Its primary goal is to promote a positive community identity. The organization keeps its members informed about these events, serving as a source of information and engagement for the business community. By hosting these events, the chamber aims to strengthen the local business network and contribute to a thriving community.


Official website here: www.mchenrychamber.com

Who is the CEO of Mchenry Area Chamber Of Commerce?

Molly Ostap is the President of Mchenry Area Chamber Of Commerce.


Official website here: www.mchenrychamber.com

What is the revenue of Mchenry Area Chamber Of Commerce?

Mchenry Area Chamber Of Commerce's revenue in 2022 was $379,755.


Official website here: www.mchenrychamber.com

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

The average compensation at Mchenry Area Chamber Of Commerce during 2022 was $49,858. There are 5 employees at Mchenry Area Chamber Of Commerce.


Here are 27 key members and their salaries:


Molly Ostap (President)
  • Compensation: $116,029
  • Related: $0
  • Other: $5,159
Cristiano Bimbi (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Kirchner (1St Vice Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Vallianatos (2Nd Vice Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leejay Stewart (Corporate Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Malmstedt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denny Norton Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Gibson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monique Virgilio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Otterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Monestero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Reissig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Stamborski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Szymczak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Ditzler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Hunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Barrons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Harville (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vickie Drendel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Mercure-Wagner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guadalupe Ortiz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Petersen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Schneider (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mchenrychamber.com

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

Mchenry Area Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mchenrychamber.com

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

Mission Statement of Mchenry Area Chamber Of Commerce

The Mchenry Area Chamber of Commerce, in its mission, actively sponsors and organizes community events. Its primary aim is to foster networking opportunities for local businesses, thereby promoting a positive community identity. The organization goes beyond just organizing events; it also ensures that its members are well-informed about these events, thereby maintaining an active and engaged community. By doing so, the Mchenry Area Chamber of Commerce contributes to the growth and development of local businesses, ultimately strengthening the community as a whole.

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Impact




October, 2024

The McHenry Area Chamber of Commerce significantly impacts the local community by sponsoring and organizing events that foster networking opportunities for businesses. This initiative strengthens the local economy by connecting entrepreneurs, facilitating partnerships, and enhancing visibility for small businesses. Additionally, the Chamber promotes a positive community identity, which helps to attract new residents and visitors to the area. By keeping members informed about events and activities, the organization cultivates a sense of belonging and engagement within the community. Ultimately, its efforts contribute to overall community improvement and vitality in McHenry, IL.




This information is meant to be a general summary of Mchenry 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
$379,755 (2022)
Expenses
$376,632 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,212
  • Program Service Revenue: $76,024
  • Gross Receipts: $591,395

Assets and Liabilities:

  • Total Assets: $544,064
  • Total Liabilities: $206,281
  • Net Assets: $337,783

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Programs

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

MEMBERSHIP DUES

Revenue

$76,024

Organization Details

Founding Year

1952

Principal Officer

Molly Ostap

Main Address

1257 NORTH GREEN STREET, MCHENRY, IL, 60050

NTEE Category

Code: S41 - Community improvement

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