Gratiot Area Chamber Of Commerce

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

EIN: 381225653 ✦ Alma, MI ✦ Designated as a 501(c)(6)

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Overview

What is Gratiot Area Chamber Of Commerce?

Gratiot Area Chamber of Commerce is a thriving nonprofit organization situated in Alma, Michigan. With a mission to foster business growth and community development, they bring together local businesses to share ideas and discuss community affairs. Their primary goal is to safeguard the competitive enterprise system that underpins businesses. The chamber boasts a modest workforce of three dedicated individuals.


Official website here: www.gratiot.org

Is Gratiot Area Chamber Of Commerce legitimate?

Gratiot Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Gratiot Area 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $90,208

For more financial information, click here


Official website here: www.gratiot.org

What is the mission statement of Gratiot Area Chamber Of Commerce?

The Gratiot Area Chamber of Commerce is committed to fostering business and community growth and development, as well as preserving the competitive enterprise system. Their primary objective is to promote a conducive environment for businesses to thrive by encouraging collaboration and idea sharing within the community. By bringing businesses together, they aim to stimulate discussions and foster a supportive network that benefits the local economy.


Official website here: www.gratiot.org

What is the revenue of Gratiot Area Chamber Of Commerce?

Gratiot Area Chamber Of Commerce's revenue in 2023 was $298,411.


Official website here: www.gratiot.org

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

The average compensation at Gratiot Area Chamber Of Commerce during 2023 was $45,104. There are 2 employees at Gratiot Area Chamber Of Commerce.

Here are 5 key members and their salaries:


Barbara Fandell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Wickes (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy O'Neill (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Bonacci (Executive Di)
  • Compensation: $63,742
  • Related: $0
  • Other: $0
Garth Anderson (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gratiot.org

Where can I find the form 990 for Gratiot Area Chamber Of Commerce?

Gratiot Area Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.gratiot.org

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

Mission Statement of Gratiot Area Chamber Of Commerce

The Gratiot Area Chamber of Commerce is dedicated to fostering business and community growth and development, as well as preserving the competitive enterprise system of business. In pursuit of this mission, the organization encourages businesses to collaborate, sharing ideas and discussing local business matters within the community. By promoting such networking opportunities, the Gratiot Area Chamber of Commerce plays a crucial role in fostering a thriving business environment and contributing to the overall development of the community.

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Impact




October, 2024

The Gratiot Area Chamber of Commerce significantly enhances both business and community development in the Alma, MI area. By fostering collaboration among local businesses, the Chamber encourages the exchange of ideas and strategies that contribute to a thriving economic environment. Its initiatives promote business growth, attract new enterprises, and support the preservation of a competitive marketplace, all of which are vital for sustaining a robust community.

Through its various programs and events, the Chamber actively engages with members and the wider community, facilitating networking opportunities that lead to valuable partnerships. This commitment not only bolsters economic vitality but also contributes to the overall improvement of community life, reinforcing the Chamber's role as a cornerstone of the local economy and social fabric.




This information is meant to be a general summary of Gratiot 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
$298,411 (2023)
Expenses
$311,736 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $626
  • Program Service Revenue: $283,420
  • Gross Receipts: $298,411

Assets and Liabilities:

  • Total Assets: $290,972
  • Total Liabilities: $147,496
  • Net Assets: $143,476

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Programs

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

PROMOTION OF BUSINESS

Revenue

$184,792

MEMBER DUES

Revenue

$84,814

PROMOTION OF COUNTY

Revenue

$13,814

Organization Details

Principal Officer

Barbara Fandell

NTEE Category

Code: S41 - Community improvement

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