Cherokee Chamber Of Commerce

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

EIN: 420178820 ✦ Cherokee, IA ✦ Designated as a 501(c)(6)

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Overview

What is Cherokee Chamber Of Commerce?

The Cherokee Chamber of Commerce, situated at 201 West Main Street, Cherokee, Iowa 51012, is a nonprofit organization dedicated to fostering a positive growth environment within the community. With a team of four individuals, their mission is centered around enhancing the community through various promotional activities. Although the specific programs or initiatives they undertake are not detailed in the provided information, it is clear that they aim to contribute positively to their community's development and progress.

Is Cherokee Chamber Of Commerce legitimate?

Cherokee Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cherokee 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: $50,277

For more financial information, click here

What is the mission statement of Cherokee Chamber Of Commerce?

The Cherokee Chamber of Commerce's mission is centered around fostering positive growth within the community. Their primary objective is to enhance the community's well-being. To achieve this, they actively promote various developmental initiatives. Their mission statement can be paraphrased as, "The Chamber strives to foster a positive environment for the community's growth and improvement." They aim to contribute to the community's betterment by implementing various growth-oriented projects. Their activities are geared towards advancing the community's prosperity and development. The Chamber's mission is a testament to their commitment to improving the community's overall quality of life.

Who is the CEO of Cherokee Chamber Of Commerce?

Timothy Hoffman is the President of Cherokee Chamber Of Commerce.

What is the revenue of Cherokee Chamber Of Commerce?

Cherokee Chamber Of Commerce's revenue in 2022 was $110,640.

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

The average compensation at Cherokee Chamber Of Commerce during 2022 was $12,569. There are 4 employees and 150 volunteers at Cherokee Chamber Of Commerce.


There is 1 key member and their salary:


Timothy Hoffman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cherokee Chamber Of Commerce?

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

Mission Statement of Cherokee Chamber Of Commerce

The Cherokee Chamber of Commerce is dedicated to fostering a positive growth trajectory for the betterment of the community at large. Their mission, in essence, is to contribute to the enhancement of the community, working towards a collective improvement. The organization's primary objective is to promote this growth positively, aiming to create a better living environment for all.

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Impact




October, 2024

The Cherokee Chamber of Commerce plays a vital role in fostering positive growth within the community by promoting economic development and supporting local businesses. Its initiatives drive community improvement, which enhances the overall quality of life for residents. By advocating for local enterprises and providing resources for business growth, the Chamber helps to create a vibrant economic landscape that benefits all community members.

Through various programs and events, the Chamber encourages community engagement and collaboration, connecting businesses with residents and other stakeholders. This not only boosts local commerce but also strengthens community ties, fostering a sense of pride and ownership among residents.

Furthermore, the Chamber's focus on enhancement projects contributes to the area's appeal, attracting visitors and new residents alike. By addressing the needs and aspirations of the community, the Cherokee Chamber of Commerce effectively shapes a thriving environment that supports both economic vitality and social cohesion.




This information is meant to be a general summary of Cherokee 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
$110,640 (2022)
Expenses
$195,387 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $327
  • Program Service Revenue: $90,743
  • Gross Receipts: $270,151

Assets and Liabilities:

  • Total Assets: $225,122
  • Total Liabilities: $1,978
  • Net Assets: $223,144

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Programs

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

MEMBERSHIP DUES

Revenue

$90,743

Organization Details

Founding Year

1923

Principal Officer

Timothy Hoffman

Main Address

201 WEST MAIN STREET, CHEROKEE, IA, 51012

NTEE Category

Code: S41 - Community improvement

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