Overview
What is Algonquin-Lake In The Hills Chamber Of Commerce Inc?
Algonquin-Lake in the Hills Chamber of Commerce Inc, situated in Algonquin, Illinois, is a nonprofit organization with a mission to foster and bolster the success of the local business community. With a team of five dedicated individuals, they strive to enhance their community by promoting and supporting its economic growth. One of their initiatives includes an annual golf outing, serving as a platform for networking among community members. The primary aim of this nonprofit is to contribute to the prosperity and development of local businesses, ultimately benefiting their community at large.
Official website here: www.alchamber.com
Is Algonquin-Lake In The Hills Chamber Of Commerce Inc legitimate?
Algonquin-Lake In The Hills Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Algonquin-Lake In The Hills Chamber Of Commerce 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: $51,333
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,166
For more financial information, click here
Official website here: www.alchamber.com
What is the mission statement of Algonquin-Lake In The Hills Chamber Of Commerce Inc?
The Algonquin-Lake In The Hills Chamber of Commerce Inc has a mission to foster and boost the prosperity and growth of the local business community. By doing so, they aim to enhance the overall community as a whole. Their primary activity involves promoting networking opportunities among individuals, as demonstrated through their annual golf outing event.
Official website here: www.alchamber.com
What is the revenue of Algonquin-Lake In The Hills Chamber Of Commerce Inc?
Algonquin-Lake In The Hills Chamber Of Commerce Inc's revenue in 2023 was $231,049.
Official website here: www.alchamber.com
Who are the executives of Algonquin-Lake In The Hills Chamber Of Commerce Inc and what are their salaries?
The average compensation at Algonquin-Lake In The Hills Chamber Of Commerce Inc during 2023 was $18,900. There are 5 employees and 25 volunteers at Algonquin-Lake In The Hills Chamber Of Commerce Inc.
Here are 2 key members and their salaries:
- Compensation: $28,312
- Related: $0
- Other: $0
- Compensation: $29,077
- Related: $0
- Other: $0
Official website here: www.alchamber.com
Where can I find the form 990 for Algonquin-Lake In The Hills Chamber Of Commerce Inc?
Algonquin-Lake In The Hills Chamber Of Commerce Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.alchamber.com
Learn more at the official website: www.alchamber.com
Mission Statement of Algonquin-Lake In The Hills Chamber Of Commerce Inc
Algonquin-Lake In The Hills Chamber Of Commerce Inc is dedicated to fostering and advancing the success of its local business community. By promoting and supporting the prosperity and development of this community, the organization aims to enhance the overall well-being of its area. This mission is a testament to Algonquin-Lake In The Hills Chamber Of Commerce Inc's commitment to creating a thriving and prosperous environment for businesses and the community as a whole.
To accomplish this mission, Algonquin-Lake In The Hills Chamber Of Commerce Inc organizes events such as an annual golf outing, which serves as a platform for networking among individuals. This event not only brings together local businesspeople but also fosters relationships and collaborations that can contribute to the growth and development of the business community. By promoting networking opportunities, Algonquin-Lake In The Hills Chamber Of Commerce Inc plays a crucial role in fostering a supportive and collaborative business environment.
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Impact
October, 2024
The Algonquin-Lake In The Hills Chamber Of Commerce Inc significantly impacts the local business community by actively promoting and supporting its growth and development. Through initiatives like their annual golf outing, they foster networking opportunities for business professionals, allowing them to connect, share insights, and collaborate. This engagement not only enhances individual business prospects but also strengthens the overall economic fabric of Algonquin and Lake In The Hills. By focusing on community improvement, the Chamber plays a crucial role in creating a vibrant, interconnected environment that benefits both businesses and residents alike.
This information is meant to be a general summary of Algonquin-Lake In The Hills Chamber Of Commerce 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $231,049
Assets and Liabilities:
- Total Assets: $134,858
- Total Liabilities: $5,308
- Net Assets: $129,550
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Organization Details
Founding Year
1952
Principal Officer
Jamie L Griffiths
Website
www.alchamber.comNTEE Category
Code: S41 - Community improvement
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