Glmv Area Chamber Of Commerce & Industry Inc

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

EIN: 363310312 ✦ Libertyville, IL ✦ Designated as a 501(c)(6)

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Overview

What is Glmv Area Chamber Of Commerce & Industry Inc?

Glmv Area Chamber of Commerce & Industry Inc is a nonprofit organization committed to driving economic and social growth in its local area. Led by Scott Adams, the organization serves as a catalyst for creating a beneficial business environment and advocating for its member's interests. Their mission is to act as a conduit for fostering a sense of community, ultimately promoting prosperity and development in the region. The GLMV serves as a medium for its members, striving to create a positive impact on the area's economic and social landscape.


Official website here: www.glmv.org

Is Glmv Area Chamber Of Commerce & Industry Inc legitimate?

Glmv Area Chamber Of Commerce & Industry Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Glmv Area Chamber Of Commerce & Industry 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: $122,695
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,969

For more financial information, click here


Official website here: www.glmv.org

What is the mission statement of Glmv Area Chamber Of Commerce & Industry Inc?

The GLMV Area Chamber of Commerce & Industry Inc is dedicated to serving as an active and influential entity on behalf of its members. Their primary goal is to create a conducive business environment, promoting both economic and social advancement in the area. By acting as a medium, they aim to foster a sense of community, positively advocating for the interests of their members. Essentially, the organization's mission is to contribute to the overall development and prosperity of the business sector, while strengthening the sense of unity among its members.


Official website here: www.glmv.org

Who is the CEO of Glmv Area Chamber Of Commerce & Industry Inc?

Scott Adams is the President & Ceo of Glmv Area Chamber Of Commerce & Industry Inc. The CEO's salary of Glmv Area Chamber Of Commerce & Industry Inc is $64,400 and their total compensation is $64,400.


Official website here: www.glmv.org

What is the revenue of Glmv Area Chamber Of Commerce & Industry Inc?

Glmv Area Chamber Of Commerce & Industry Inc's revenue in 2022 was $230,995.


Official website here: www.glmv.org

Who are the executives of Glmv Area Chamber Of Commerce & Industry Inc and what are their salaries?

The average compensation at Glmv Area Chamber Of Commerce & Industry Inc during 2022 was $46,555. There are 3 employees and 19 volunteers at Glmv Area Chamber Of Commerce & Industry Inc.


Here are 19 key members and their salaries (Glmv Area Chamber Of Commerce & Industry Inc's CEO's salary is $64,400 and their total compensation is $64,400):


Scott Adams (President & Ceo)
  • Compensation: $64,400
  • Related: $0
  • Other: $0
Carol Levin (Pr Director)
  • Compensation: $58,295
  • Related: $0
  • Other: $0
Ray Billock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Laroche (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Petrillo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Aukerman (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Piazzi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Laska (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kieth Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Kafkis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Starwalt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Burack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Guenther (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
April Koot (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Lavris (Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Kopula (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Hasse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mike Hartlett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Busam (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.glmv.org

Where can I find the form 990 for Glmv Area Chamber Of Commerce & Industry Inc?

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


Official website here: www.glmv.org

Learn more at the official website: www.glmv.org

Mission Statement of Glmv Area Chamber Of Commerce & Industry Inc

Glmv Area Chamber of Commerce & Industry Inc is committed to serving as a proactive and beneficial influence for its members, with the goal of establishing a conducive business environment. The organization's mission is to facilitate economic and social advancement in the area, aiming to cultivate a sense of unity within the community. Scott Adams leads this endeavor, acting as a medium for the chamber to advocate positively on behalf of its members and promote their interests.

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Impact




October, 2024

The GLMV Area Chamber of Commerce & Industry Inc significantly impacts the community by fostering economic growth and social progress. By advocating for its members, the organization creates a supportive environment that encourages businesses to thrive. Through various initiatives and programs, the GLMV promotes collaboration among local enterprises, leading to increased business opportunities and mutual support.

In addition to its focus on economic development, the GLMV enhances the sense of community among residents and business owners. This is achieved through community engagement initiatives that connect individuals and organizations, encouraging local partnerships and enhancing the overall quality of life in the area. The leadership under Scott Adams ensures that the chamber actively responds to the needs of its members and the broader community, positioning itself as an essential entity for local progress.

Overall, the GLMV serves as a vital catalyst for both business success and community improvement, playing a key role in shaping a vibrant and connected community in Libertyville, IL.




This information is meant to be a general summary of Glmv Area Chamber Of Commerce & Industry 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.

Revenue
$230,995 (2022)
Expenses
$235,151 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $229,994
  • Gross Receipts: $230,995

Assets and Liabilities:

  • Total Assets: $19,336
  • Total Liabilities: $0
  • Net Assets: $19,336

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Programs

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

Membership Dues & Assessments

Revenue

$128,752

Networking Receipts

Revenue

$101,242

Organization Details

Founding Year

1945

Principal Officer

Scott Adams

Main Address

1123 S Milwaukee Avenue, Libertyville, IL, 60048

NTEE Category

Code: S41 - Community improvement

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