Overview
What is Lake Forestlake Bluff Chamber Of Commerce?
Lake Forestlake Bluff Chamber of Commerce is a local nonprofit organization based in Lake Forest, Illinois. With a small team of five employees, their primary mission is to act as a liaison between businesses in their market area, aiming to enhance their members' success and prosperity. They achieve this through hosting member luncheons and various business events, providing ample networking and educational opportunities. Furthermore, the chamber contributes to the economic and civic well-being of the community by advocating for its interests.
Official website here: www.lflbchamber.com
Is Lake Forestlake Bluff Chamber Of Commerce legitimate?
Lake Forestlake Bluff Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lake Forestlake Bluff 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: $61,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,210
For more financial information, click here
Official website here: www.lflbchamber.com
What is the mission statement of Lake Forestlake Bluff Chamber Of Commerce?
The Lake Forestlake Bluff Chamber of Commerce serves as the primary advocate for businesses in its market area. Its mission is twofold: firstly, to foster the success and prosperity of its member businesses, and secondly, to advance the economic and civic interests of the community at large. To accomplish this, the chamber organizes events such as member luncheons and business gatherings, providing opportunities for networking and professional development. By doing so, the chamber contributes to the thriving economic landscape of the community and ensures the collective growth and well-being of its member businesses.
Official website here: www.lflbchamber.com
Who is the CEO of Lake Forestlake Bluff Chamber Of Commerce?
Michael Adams is the President of Lake Forestlake Bluff Chamber Of Commerce.
Official website here: www.lflbchamber.com
What is the revenue of Lake Forestlake Bluff Chamber Of Commerce?
Lake Forestlake Bluff Chamber Of Commerce's revenue in 2022 was $217,931.
Official website here: www.lflbchamber.com
Who are the executives of Lake Forestlake Bluff Chamber Of Commerce and what are their salaries?
The average compensation at Lake Forestlake Bluff Chamber Of Commerce during 2022 was $24,352. There are 5 employees and 20 volunteers at Lake Forestlake Bluff Chamber Of Commerce.
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- Compensation: $61,550
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- Other: $16,896
Official website here: www.lflbchamber.com
Where can I find the form 990 for Lake Forestlake Bluff Chamber Of Commerce?
Lake Forestlake Bluff Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lflbchamber.com
Learn more at the official website: www.lflbchamber.com
Mission Statement of Lake Forestlake Bluff Chamber Of Commerce
The Lake Forestlake Bluff Chamber of Commerce serves as a primary advocate for businesses within its designated market area. Its mission is multifaceted, aimed at contributing to the success and prosperity of its member businesses while simultaneously promoting the economic and civic interests of the wider community. In pursuit of this objective, the Chamber hosts a variety of events that cater to both networking and educational needs, offering its members ample opportunities to foster relationships and enhance their professional growth. By playing this role, the Lake Forestlake Bluff Chamber of Commerce plays a pivotal part in fostering a vibrant and thriving business environment, ultimately benefiting the community as a whole.
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Impact
October, 2024
The Lake Forestlake Bluff Chamber of Commerce plays a crucial role in enhancing the economic vitality and civic engagement of the community it serves. By acting as the principal representative for local businesses, the chamber fosters an environment that promotes success and prosperity for its members.
Through hosting member luncheons and various business events, the chamber facilitates valuable networking and educational opportunities, enabling businesses to connect, collaborate, and grow. This not only strengthens individual enterprises but also contributes to the overall economic health of Lake Forest and Lake Bluff.
Additionally, the chamber actively engages in initiatives that promote community improvement, working to align the interests of businesses with the broader goals of civic development. Ultimately, the chamber serves as a vital link between commerce and community, driving both economic and social progress in the region.
This information is meant to be a general summary of Lake Forestlake Bluff 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $18
- Program Service Revenue: $179,398
- Gross Receipts: $217,931
Assets and Liabilities:
- Total Assets: $265,604
- Total Liabilities: $56,412
- Net Assets: $209,192
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues
Revenue
$152,698
Community Guide
Revenue
$7,935
Member Luncheon
Revenue
$7,280
Special Events
Revenue
$5,195
Other Service Revenue
Revenue
$6,290
Organization Details
Founding Year
1953
Phone
(847) 234-4282Principal Officer
Michael Adams
Main Address
PO Box 29, Lake Forest, IL, 60045
Website
www.lflbchamber.comNTEE Category
Code: S41 - Community improvement
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