Overview
What is Waterford Area Chamber Of Commerce?
The Waterford Area Chamber of Commerce is a nonprofit organization situated in Waterford, Michigan, with an address at 2309 Airport Road, 48327. Their primary mission is to promote, support, and expand the local business community by fostering better communication among various sectors. They achieve this through the publication of membership directories and promotional literature. The Chamber's objective is to preserve and enhance the economic growth of Waterford's business community and the surrounding areas. With a staff of four individuals, they work tirelessly to contribute to the vitality and prosperity of the local business environment.
Official website here: www.waterfordchamber.org
Is Waterford Area Chamber Of Commerce legitimate?
Waterford Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Waterford 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: $110,378
For more financial information, click here
Official website here: www.waterfordchamber.org
What is the mission statement of Waterford Area Chamber Of Commerce?
The Waterford Area Chamber of Commerce is dedicated to preserving and fostering the economic growth of the local business community. This is achieved by promoting, supporting, and expanding the business sector in Waterford, Michigan. The organization aims to unify various sectors through enhanced communication and releases membership directories and promotional literature to further this goal.
Official website here: www.waterfordchamber.org
What is the revenue of Waterford Area Chamber Of Commerce?
Waterford Area Chamber Of Commerce's revenue in 2023 was $178,375.
Official website here: www.waterfordchamber.org
Who are the executives of Waterford Area Chamber Of Commerce and what are their salaries?
The average compensation at Waterford Area Chamber Of Commerce during 2023 was $27,594. There are 4 employees at Waterford Area Chamber Of Commerce.
Here are 13 key members and their salaries:
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Official website here: www.waterfordchamber.org
Where can I find the form 990 for Waterford Area Chamber Of Commerce?
Waterford Area Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.waterfordchamber.org
Learn more at the official website: www.waterfordchamber.org
Mission Statement of Waterford Area Chamber Of Commerce
The Waterford Area Chamber of Commerce is dedicated to preserving and fostering the economic prosperity of the business community in its vicinity. Its primary objective is to promote and support the business sector of Waterford, Michigan, by unifying various sectors through enhanced communication. To accomplish this, the organization releases membership directories and promotional materials. This mission aims to bolster the business community's vitality and stimulate growth, ultimately contributing to the overall economic development of the area.
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Impact
October, 2024
The Waterford Area Chamber of Commerce significantly impacts the local economy by fostering the vitality and economic growth of the business community in Waterford and its surrounding areas. By unifying various sectors through enhanced communication, the Chamber promotes, supports, and expands local businesses, ensuring a collaborative environment conducive to economic development.
Through the issuance of membership directories and promotional literature, the Chamber facilitates connections among businesses and between businesses and the community. This facilitates networking opportunities, increases visibility for local enterprises, and encourages consumer support for local products and services.
Additionally, the Chamber's efforts contribute to community improvement, driving initiatives that bolster the local economy and enhance the overall quality of life for residents and businesses alike.
This information is meant to be a general summary of Waterford 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $154
- Program Service Revenue: $88,285
- Gross Receipts: $242,657
Assets and Liabilities:
- Total Assets: $510,412
- Total Liabilities: $5,510
- Net Assets: $504,902
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$88,285
Organization Details
Founding Year
1998
Principal Officer
Renee Doyle
Website
www.waterfordchamber.orgNTEE Category
Code: S41 - Community improvement
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