Bloomingdale Chamber Of Commerce

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

EIN: 363178096 ✦ Bloomingdale, IL ✦ Designated as a 501(c)(6)

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Overview

What is Bloomingdale Chamber Of Commerce?

The Bloomingdale Chamber of Commerce is a nonprofit organization that fosters business development for entrepreneurs. They achieve this by hosting monthly meetings, seminars, networking events, and a business-to-business expo. Furthermore, the Chamber extends its support to aspiring business students by offering scholarships for higher education in the field.


Official website here: www.bloomingdalechamber.com

Is Bloomingdale Chamber Of Commerce legitimate?

Bloomingdale Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bloomingdale Chamber Of Commerce submitted a form 990EZ, 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: $60,060
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,436

For more financial information, click here


Official website here: www.bloomingdalechamber.com

What is the mission statement of Bloomingdale Chamber Of Commerce?

The Bloomingdale Chamber of Commerce's mission is centered around fostering growth for local business owners. This is accomplished through regular monthly meetings, informative seminars, networking events, and a business-to-business expo. Furthermore, the Chamber extends its support to aspiring business students by providing scholarships for further education in this field.


Official website here: www.bloomingdalechamber.com

What is the revenue of Bloomingdale Chamber Of Commerce?

Bloomingdale Chamber Of Commerce's revenue in 2023 was $224,743.


Official website here: www.bloomingdalechamber.com

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

The average compensation at Bloomingdale Chamber Of Commerce during 2023 was $27,832. There are 3 employees and 50 volunteers at Bloomingdale Chamber Of Commerce.

Here are 13 key members and their salaries:


Mike Hovde (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Fuller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Davision (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hinna Ahmad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raul Diaz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Thorsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Gugliciello (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zach Greenerger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Aimee Harris Newon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Katie Bendis (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Fulco (Treasurer And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Dimeao-Sargent (1St Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Allston (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bloomingdalechamber.com

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

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


Official website here: www.bloomingdalechamber.com

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

Mission Statement of Bloomingdale Chamber Of Commerce

The Bloomingdale Chamber of Commerce is dedicated to fostering the growth of business owners. They achieve this by organizing regular meetings, seminars, and networking events. Furthermore, the Chamber hosts a business-to-business expo, providing ample opportunities for businesses to connect and collaborate. In addition to these activities, the Chamber extends its support to aspiring business students by offering scholarships for further education in the field. By offering these resources, the Bloomingdale Chamber of Commerce aims to empower and cultivate the success of local businesses.

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Impact




October, 2024

The Bloomingdale Chamber of Commerce significantly enhances the local business landscape through various initiatives designed to empower business owners and foster community connections. By organizing monthly meetings, seminars, and networking events, it creates vital opportunities for entrepreneurs to share knowledge, build relationships, and collaborate with one another. The annual business-to-business expo further promotes local commerce, showcasing the diverse offerings within the community.

In addition to supporting existing businesses, the Chamber invests in the future of the local workforce by providing scholarships to students pursuing further education in business. This commitment not only helps to cultivate the next generation of entrepreneurs but also strengthens the overall economic health of Bloomingdale.

Through these efforts, the Bloomingdale Chamber of Commerce plays a crucial role in community improvement, driving economic growth, and fostering a thriving environment for businesses and residents alike.




This information is meant to be a general summary of Bloomingdale 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
$224,743 (2023)
Expenses
$197,359 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $3,290
  • Program Service Revenue: $131,863
  • Gross Receipts: $224,743

Assets and Liabilities:

  • Total Assets: $159,082
  • Total Liabilities: $41,249
  • Net Assets: $117,833

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Programs

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

Business Growth

Revenue

$131,863

Organization Details

NTEE Category

Code: S41 - Community improvement

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