Chain Olakes Area Chamber Of Commerce

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

EIN: 363901127 ✦ Richmond, IL ✦ Designated as a 501(c)(6)

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Overview

What is Chain Olakes Area Chamber Of Commerce?

The Chain Olakes Area Chamber of Commerce is a vibrant nonprofit organization situated in Richmond, IL. Its primary focus is to foster local business growth by organizing engaging member meetings, publishing business newsletters and community guides, and arranging local events. The chamber also extends its support to local high school students by offering scholarships. Moreover, it hosts regular meetings to introduce new business members, stimulate interaction among business representatives, and invite experts to discuss pertinent topics. The organization's activities aim to strengthen the local business community and contribute to the overall development of Richmond.


Official website here: www.chainolakeschamber.com/

Is Chain Olakes Area Chamber Of Commerce legitimate?

Chain Olakes Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Chain Olakes Area 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.


Official website here: www.chainolakeschamber.com/

What is the mission statement of Chain Olakes Area Chamber Of Commerce?

The Chain Olakes Area Chamber of Commerce serves to foster local business growth by conducting member meetings, distributing business updates through newsletters and community guides, organizing local events, and offering scholarships to high school students from the area. The organization actively engages in hosting sessions to introduce new business members, stimulate interaction between business representatives, and invite speakers on relevant topics. Their activities are designed to strengthen the local business network and contribute positively to the community.


Official website here: www.chainolakeschamber.com/

Who is the CEO of Chain Olakes Area Chamber Of Commerce?

Nick Coari is the President of Chain Olakes Area Chamber Of Commerce.


Official website here: www.chainolakeschamber.com/

What is the revenue of Chain Olakes Area Chamber Of Commerce?

Chain Olakes Area Chamber Of Commerce's revenue in 2022 was $78,369.


Official website here: www.chainolakeschamber.com/

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


Here are 12 key members and their salaries:


Pat Smarto (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Coari (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Wojdyla (1St Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deana Liss (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Powers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Forgette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Messik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelyn Schneiderman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Tiani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Serefin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Debbink-Lesniak (2Nd Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Yost (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chainolakeschamber.com/

Where can I find the form 990EZ for Chain Olakes Area Chamber Of Commerce?

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


Official website here: www.chainolakeschamber.com/

Learn more at the official website: www.chainolakeschamber.com/

Mission Statement of Chain Olakes Area Chamber Of Commerce

The Chain Olakes Area Chamber of Commerce is dedicated to fostering the growth of local businesses. It accomplishes this by organizing regular member meetings, publishing newsletters and community guides, and arranging local outings. The chamber's mission extends beyond just business promotion. It also provides scholarships to deserving high school students in the community, thereby investing in the next generation of local leaders.

To further engage its members, the Chamber hosts meetings where new local business members are introduced, encouraging interaction between business representatives. These meetings often feature speakers discussing relevant topics, providing valuable insights and knowledge to the attendees. The Chamber's activities aim to create a supportive and collaborative business environment, contributing to the overall development and prosperity of the local community.

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Impact




October, 2024

The Chain O'Lakes Area Chamber of Commerce plays a crucial role in fostering local business development and strengthening the community in Richmond, IL. By organizing member meetings, the chamber facilitates valuable networking opportunities that encourage collaboration and interaction among business representatives. It keeps members informed through business newsletters and community guides, ensuring that everyone stays connected with the latest developments and resources available in the area.

Additionally, the chamber enhances community engagement by arranging local outings, which not only promote local businesses but also build a sense of camaraderie among residents and entrepreneurs. The provision of scholarships to local high school students highlights its commitment to education and the future of the community, supporting the next generation as they pursue their goals.

Through these initiatives, the Chain O'Lakes Area Chamber of Commerce significantly contributes to the economic vitality and overall improvement of the community, helping to create a vibrant business environment that benefits both members and residents alike.




This information is meant to be a general summary of Chain Olakes 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
$78,369 (2022)
Expenses
$73,649 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $3,859
  • Gross Receipts: $94,460

Assets and Liabilities:

  • Total Assets: $57,831
  • Total Liabilities: $200
  • Net Assets: $57,631

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Organization Details

Principal Officer

Nick Coari

Main Address

10910 B N Main St PO Box 475, Richmond, IL, 60071

NTEE Category

Code: S41 - Community improvement

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