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Mason City Chamber Of Commerce Foundation

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

EIN: 421505507 ✦ Mason city, IA ✦ Designated as a 501(c)(3)

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Overview

What is Mason City Chamber Of Commerce Foundation?

The Mason City Chamber of Commerce Foundation is a nonprofit organization situated in Mason City, Iowa. Its primary goal is to support community planning initiatives within the Mason City area. Additionally, the foundation aids in the long-term operations of the Mason City Chamber of Commerce. By securing grants and contributions, the foundation contributes to the betterment of Mason City, enhancing its overall development and progress.

Is Mason City Chamber Of Commerce Foundation legitimate?

Mason City Chamber Of Commerce Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mason City Chamber Of Commerce Foundation 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: $0

For more financial information, click here

What is the mission statement of Mason City Chamber Of Commerce Foundation?

The Mason City Chamber of Commerce Foundation's mission is centered around assisting the long-term operations of the Mason City Chamber of Commerce and receiving grants and contributions for its benefit. In essence, its role is to contribute financially to the Chamber's ongoing work. Additionally, the foundation is involved in community planning initiatives within the Mason City area.

Who is the CEO of Mason City Chamber Of Commerce Foundation?

Colleen Frein is the Chairperson of Mason City Chamber Of Commerce Foundation.

What is the revenue of Mason City Chamber Of Commerce Foundation?

Mason City Chamber Of Commerce Foundation's revenue in 2023 was $101,667.

Who are the executives of Mason City Chamber Of Commerce Foundation and what are their salaries?

There 15 volunteers at Mason City Chamber Of Commerce Foundation.


Here are 6 key members and their salaries:


Kim Pang (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Klocke (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Anderson (Secretary)
  • Compensation: $0
  • Related: $66,808
  • Other: $4,008
Andrew Hubbard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Westermann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Frein (Secretary)
  • Compensation: $0
  • Related: $97,877
  • Other: $700
Where can I find the form 990 for Mason City Chamber Of Commerce Foundation?

Mason City Chamber Of Commerce Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Mason City Chamber Of Commerce Foundation

The Mason City Chamber of Commerce Foundation is dedicated to supporting the long-term operations and work of the Mason City Chamber of Commerce. It achieves this by receiving grants and contributions, aiming to benefit the Mason City community as a whole. Beyond this, the foundation also engages in community planning initiatives for the Mason City area.

To put it simply, the Mason City Chamber of Commerce Foundation acts as a benefactor to its namesake chamber, providing it with necessary resources and funding. Simultaneously, it contributes to the betterment of the local community by overseeing planning initiatives that cater to the specific needs and development of the Mason City area.

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Impact




October, 2024

The Mason City Chamber of Commerce Foundation significantly contributes to the long-term development and vibrancy of the Mason City area through strategic community planning initiatives. By gathering grants and contributions, the Foundation supports the ongoing operations of the Mason City Chamber of Commerce, fostering a collaborative environment that benefits local businesses and residents alike. This commitment to community improvement enhances economic growth and strengthens the overall quality of life in Mason City, ensuring that the region remains an attractive place for both new and existing enterprises. Through its efforts, the Foundation plays a vital role in shaping a thriving community that meets the needs of its citizens and encourages sustainable progress.




This information is meant to be a general summary of Mason City Chamber Of Commerce Foundation. 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
$101,667 (2023)
Expenses
$57,565 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,536
  • Program Service Revenue: $22,858
  • Gross Receipts: $101,667

Assets and Liabilities:

  • Total Assets: $163,342
  • Total Liabilities: $0
  • Net Assets: $163,342

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Programs

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

RENTAL OF EGLOFF HOUSE

Revenue

$22,858

Organization Details

Founding Year

2000

Principal Officer

Colleen Frein

Main Address

9 NORTH FEDERAL, MASON CITY, IA, 50401

NTEE Category

Code: S41 - Community improvement

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