Overview
What is Dexter Chamber Of Commerce Development Inc?
Dexter Chamber of Commerce Development Inc, situated in Dexter, Missouri, serves as a title holding company for the Dexter Chamber of Commerce, Inc. Its primary function is to manage and maintain property on behalf of the chamber, collecting rent and covering various property-related expenses, as per the Internal Revenue Code 501(C)(2). While the description is brief, it underscores the organization's role in supporting the chamber's operations by ensuring the financial and physical upkeep of its property.
Is Dexter Chamber Of Commerce Development Inc legitimate?
Dexter Chamber Of Commerce Development Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Dexter Chamber Of Commerce Development 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:
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What is the mission statement of Dexter Chamber Of Commerce Development Inc?
The Dexter Chamber of Commerce Development Inc serves as a title holding company for the Dexter Chamber of Commerce Inc. Its primary function is to manage property-related matters, collecting rent and covering various expenses associated with the property, all under the Internal Revenue Code 501(C)(2). Essentially, this organization supports the operational activities of the Dexter Chamber of Commerce Inc. However, it's important to note that the provided information does not specify a mission statement focused on promoting community development, business growth, or other community-related objectives. Therefore, a mission statement could not be accurately summarized from the given data.
Who is the CEO of Dexter Chamber Of Commerce Development Inc?
Matthew Ternes is the President of Dexter Chamber Of Commerce Development Inc.
What is the revenue of Dexter Chamber Of Commerce Development Inc?
Dexter Chamber Of Commerce Development Inc's revenue in 2023 was -$13,089.
Who are the executives of Dexter Chamber Of Commerce Development Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Dexter Chamber Of Commerce Development Inc?
Dexter Chamber Of Commerce Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Dexter Chamber Of Commerce Development Inc
Dexter Chamber Of Commerce Development Inc serves as a title holding company for the Dexter Chamber of Commerce, Inc. In this role, its primary mission is to manage and maintain the property associated with the Chamber, collecting rent and covering various property-related expenses. This organization operates under IRC 501(C)(2), a tax-exempt status that allows it to support the activities of the Dexter Chamber of Commerce, Inc. By performing these tasks, Dexter Chamber Of Commerce Development Inc plays a crucial role in ensuring the Chamber's operations run smoothly and efficiently, ultimately contributing to the overall well-being and growth of the Dexter community.
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Impact
October, 2024
Dexter Chamber Of Commerce Development Inc plays a crucial role in supporting the local economy and fostering community growth. By holding property and managing financial responsibilities such as collecting rent and covering property expenses for the Dexter Chamber of Commerce, it provides a stable foundation for the chamber's activities.
This structure enables the Dexter Chamber of Commerce to focus on its core mission of promoting business development, enhancing community services, and improving local infrastructure. The organization's efforts contribute significantly to community improvement, creating a conducive environment for businesses to thrive, which in turn benefits residents by boosting the local economy and enhancing quality of life in Dexter, MO. Through strategic property management, Dexter Chamber Of Commerce Development Inc ensures that essential resources are allocated effectively, facilitating a vibrant and sustainable community.
This information is meant to be a general summary of Dexter Chamber Of Commerce Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $39,618
- Gross Receipts: $215,517
Assets and Liabilities:
- Total Assets: $6,511,197
- Total Liabilities: $600,340
- Net Assets: $5,910,857
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Organization Details
Founding Year
1988
Phone
(573) 624-7458Principal Officer
Matthew Ternes
Main Address
515B WEST MARKET, DEXTER, MO, 63841
NTEE Category
Code: S47 - Community improvement
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