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Chamber Of Commerce - Greater Beloit

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

EIN: 390158880 ✦ Beloit, WI ✦ Designated as a 501(c)(6)

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Overview

What is Chamber Of Commerce - Greater Beloit?

The Chamber of Commerce - Greater Beloit is a crucial resource for businesses in the Beloit, Wisconsin, area. Based at 635 3rd Street, this nonprofit organization provides a wealth of information, services, and resources to local businesses. They offer training programs and technical assistance, as well as entrepreneurial advice and opportunities for networking. Their mission is to actively support and improve the greater Beloit area, making it an attractive place for both living and doing business. With a team of five dedicated individuals, they strive to engage in activities that contribute positively to the community.

Is Chamber Of Commerce - Greater Beloit legitimate?

Chamber Of Commerce - Greater Beloit is a legitimate nonprofit organization registered as a 501(c)(6) entity. Chamber Of Commerce - Greater Beloit 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: $77,630
Professional Fundraising Fees: $0
Other Salaries and Wages: $91,666

For more financial information, click here

What is the mission statement of Chamber Of Commerce - Greater Beloit?

The Chamber of Commerce in the greater Beloit area has a mission to support, encourage, and actively participate in activities that enhance the region as an excellent place to live and conduct business. In this capacity, they serve as a repository of business-related information, services, and resources. They offer training programs, technical assistance, entrepreneurial advice, and networking opportunities to foster business growth.

Who is the CEO of Chamber Of Commerce - Greater Beloit?

Michael Hahn is the Director of Chamber Of Commerce - Greater Beloit.

What is the revenue of Chamber Of Commerce - Greater Beloit?

Chamber Of Commerce - Greater Beloit's revenue in 2022 was $272,493.

Who are the executives of Chamber Of Commerce - Greater Beloit and what are their salaries?

The average compensation at Chamber Of Commerce - Greater Beloit during 2022 was $33,859. There are 5 employees and 60 volunteers at Chamber Of Commerce - Greater Beloit.


Here are 21 key members and their salaries:


Aimee Thurner (Executive Director)
  • Compensation: $74,130
  • Related: $0
  • Other: $0
Kristi Amenda (Ambassador Rep.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Dupuis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Montes (Rp Rep)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Fanning Penny (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derrick Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nommo Donald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Frisbee (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hahn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carly Malacina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Krueger (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Slagle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Horvath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Sawyer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Pennington (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Wellnitz (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Walden (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonya Hoppes (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Celestino Ruffini (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chamber Of Commerce - Greater Beloit?

Chamber Of Commerce - Greater Beloit's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Chamber Of Commerce - Greater Beloit

The Chamber of Commerce - Greater Beloit is committed to promoting and fostering activities that enhance the livability and business environment in the area. Their mission is centered around supporting, encouraging, and engaging in initiatives that make the region an appealing place to reside and conduct business. As a vital resource, they provide business-related information, services, and resources. They offer a range of training programs, technical assistance, and networking opportunities, catering to entrepreneurs and businesses alike. Through these efforts, the Chamber of Commerce - Greater Beloit aims to contribute positively to the community, ultimately improving the greater Beloit area as a whole.

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Impact




October, 2024

The Chamber of Commerce - Greater Beloit plays a pivotal role in fostering a thriving business environment in the Greater Beloit area. By providing essential resources, support, and engagement opportunities for local businesses, it enhances the overall quality of life in the community.

The Chamber serves as a vital source of business information and services, aiding entrepreneurs and established businesses alike. It offers training programs and technical assistance, empowering individuals with the skills and knowledge needed to succeed in today's competitive market. In addition, the Chamber facilitates networking opportunities that allow business owners to connect, collaborate, and share insights, further strengthening the local economy.

Through its commitment to supporting and encouraging initiatives aimed at improving the Greater Beloit area, the Chamber of Commerce contributes significantly to the community’s economic development and vitality. The focus on education and entrepreneurial advice also ensures that both new and existing businesses are well-equipped to thrive, creating a robust and sustainable business landscape for residents.




This information is meant to be a general summary of Chamber Of Commerce - Greater Beloit. 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
$272,493 (2022)
Expenses
$308,815 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,774
  • Program Service Revenue: $47,151
  • Gross Receipts: $272,493

Assets and Liabilities:

  • Total Assets: $292,424
  • Total Liabilities: $101,409
  • Net Assets: $191,015

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Programs

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

Website

Revenue

$700

Chamber Programs

Revenue

$23,781

Membership Directory

Revenue

$20,440

Newsletter

Revenue

$2,230

Organization Details

Founding Year

2006

Principal Officer

Michael Hahn

Main Address

635 - 3RD STREET, BELOIT, WI, 53511

NTEE Category

Code: B99 - Education

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