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Greater Madison Chamber Of Commerce Foundation Inc

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

EIN: 391734769 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Greater Madison Chamber Of Commerce Foundation Inc?

The Greater Madison Chamber of Commerce Foundation Inc is a nonprofit organization, primarily dedicated to supporting the Greater Madison Chamber of Commerce, Inc. It does not have its own distinct mission, but instead, it operates to fulfill the functions and purposes of the Greater Madison Chamber of Commerce. One of its main activities is running community leadership programs, such as Leadership Greater Madison. This program aims to prepare emerging leaders and cultivate an informed network of citizens who can contribute to the community's future growth. In 2021, 16 individuals completed this program successfully.

Is Greater Madison Chamber Of Commerce Foundation Inc legitimate?

Greater Madison Chamber Of Commerce Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Madison Chamber Of Commerce Foundation Inc 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: $38,447

For more financial information, click here

What is the mission statement of Greater Madison Chamber Of Commerce Foundation Inc?

The Greater Madison Chamber of Commerce Foundation is dedicated to supporting and serving the Greater Madison Chamber of Commerce, Inc. It does not have a distinct mission of its own but operates exclusively for its parent organization's benefit. The foundation offers community leadership programs, such as Leadership Greater Madison, which aims to prepare emerging leaders and foster a network of informed citizens who can contribute to the community's future growth. In 2021, 16 individuals successfully completed the Leadership Greater Madison program.

Who is the CEO of Greater Madison Chamber Of Commerce Foundation Inc?

Zachariah Brandon is the Board Chair of Greater Madison Chamber Of Commerce Foundation Inc.

What is the revenue of Greater Madison Chamber Of Commerce Foundation Inc?

Greater Madison Chamber Of Commerce Foundation Inc's revenue in 2022 was $153,990.

Who are the executives of Greater Madison Chamber Of Commerce Foundation Inc and what are their salaries?

There 6 volunteers at Greater Madison Chamber Of Commerce Foundation Inc.


Here are 6 key members and their salaries:


Wayne Harris (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Sponem (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Garner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Keebler (Vice Chair & Membership Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Olver (Chair Elect & Public Policy Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachariah Brandon (President)
  • Compensation: $0
  • Related: $291,357
  • Other: $24,910
Where can I find the form 990 for Greater Madison Chamber Of Commerce Foundation Inc?

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

Mission Statement of Greater Madison Chamber Of Commerce Foundation Inc

The Greater Madison Chamber of Commerce Foundation, as a supporting entity, exists primarily to serve and assist the Greater Madison Chamber of Commerce, Inc. In line with this, the foundation does not have a distinct mission of its own. However, it plays a significant role in the community by offering leadership development programs. One of its notable initiatives is Leadership Greater Madison, which is designed to prepare emerging leaders and foster a network of informed citizens who can contribute to the community's future growth. In 2021, this program saw 16 participants successfully complete their leadership journey.

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Impact




October, 2024

The Greater Madison Chamber of Commerce Foundation Inc. plays a crucial role in fostering leadership and community engagement in the Greater Madison area. By offering leadership programs such as Leadership Greater Madison, the Foundation prepares emerging leaders to tackle future challenges while building a robust network of informed citizens. This initiative equips participants with the skills and knowledge necessary to guide the community’s growth effectively.

In 2021, 16 individuals successfully completed the Leadership Greater Madison program, signifying the Foundation's immediate impact on nurturing the next generation of leaders. The Foundation's efforts directly contribute to a well-informed and prepared citizenry, crucial for the social and economic development of the Madison region. Through these programs, the Foundation enhances community leadership and strengthens the collaborative efforts within the local business ecosystem, ultimately shaping a brighter future for the entire community.




This information is meant to be a general summary of Greater Madison Chamber Of Commerce Foundation Inc. 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
$153,990 (2022)
Expenses
$294,443 (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: $101,040
  • Gross Receipts: $153,990

Assets and Liabilities:

  • Total Assets: $302,053
  • Total Liabilities: $21,231
  • Net Assets: $280,822

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Programs

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

LEADERSHIP

Revenue

$101,040

Organization Details

Founding Year

1992

Principal Officer

Zachariah Brandon

Main Address

1 S PINCKNEY ST 330, MADISON, WI, 537032887

NTEE Category

Code: B990 - Education

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