Belmont Central Chamber Of Commerce

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

EIN: 366118338 ✦ Chicago, IL ✦ Designated as a 501(c)(6)

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Overview

What is Belmont Central Chamber Of Commerce?

The Belmont Central Chamber of Commerce is a nonprofit organization situated in Chicago, Illinois, specifically at 5534 West Belmont Avenue. Their primary mission is to serve as a business membership organization, offering substantial educational opportunities to its members within their designated service area. The chamber provides technical assistance to these business groups, aiming to foster growth and development within the local community. With a team of just one dedicated employee, they contribute to the professional development of their members and the overall business environment in their service area.


Official website here: www.belmontcentral.org

Is Belmont Central Chamber Of Commerce legitimate?

Belmont Central Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Belmont Central 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: $31,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.belmontcentral.org

What is the mission statement of Belmont Central Chamber Of Commerce?

The Belmont Central Chamber of Commerce serves as a business membership organization, with a core mission to offer substantial educational prospects to its membership. This mission is realized by providing technical assistance to various business groups within its designated service area. In essence, the chamber aims to contribute to the growth and development of its member businesses through educational initiatives and technical support.


Official website here: www.belmontcentral.org

Who is the CEO of Belmont Central Chamber Of Commerce?

Thomas Reid Mackin is the Executive Director of Belmont Central Chamber Of Commerce.


Official website here: www.belmontcentral.org

What is the revenue of Belmont Central Chamber Of Commerce?

Belmont Central Chamber Of Commerce's revenue in 2022 was $309,780.


Official website here: www.belmontcentral.org

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

The average compensation at Belmont Central Chamber Of Commerce during 2022 was $31,200. There is 1 employee at Belmont Central Chamber Of Commerce.


Here are 6 key members and their salaries:


Thomas Reid Mackin (Executive Director)
  • Compensation: $31,200
  • Related: $0
  • Other: $4,944
Lawrence Lynch (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Potete (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Planthaber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cesar Lopez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniela Durand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.belmontcentral.org

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

Belmont Central Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.belmontcentral.org

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

Mission Statement of Belmont Central Chamber Of Commerce

The Belmont Central Chamber of Commerce serves as a business membership organization, with a primary focus on offering substantial educational opportunities to its members. In essence, this organization plays a significant role in providing technical assistance to various business groups within its designated service area. By doing so, it aims to foster growth and development within the business community, ultimately contributing to the overall prosperity of its members.

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Impact




October, 2024

Belmont Central Chamber of Commerce significantly impacts the local business community by offering valuable educational opportunities and technical assistance. It serves as a vital resource for businesses in the designated service area, equipping them with the tools and knowledge required to thrive in a competitive environment. By fostering connections among business members, the Chamber enhances collaboration and promotes community improvement initiatives. Its focus on education and support contributes to a more vibrant and resilient economic landscape in Chicago, ultimately benefiting both businesses and residents in the area.




This information is meant to be a general summary of Belmont Central 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
$309,780 (2022)
Expenses
$81,934 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,634
  • Program Service Revenue: $301,339
  • Gross Receipts: $312,599

Assets and Liabilities:

  • Total Assets: $242,711
  • Total Liabilities: $0
  • Net Assets: $242,711

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Programs

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

CITY OF CHICAGO BACP

Revenue

$40,000

CITY OF CHICAGO SSA 28-2014

Revenue

$41,499

CITY OF CHICAGO SSA #2

Revenue

$219,840

Organization Details

Founding Year

1969

Principal Officer

Thomas Reid Mackin

Main Address

5534 WEST BELMONT AVENUE, CHICAGO, IL, 60641

NTEE Category

Code: S41 - Community improvement

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