Chamber Of Commerce

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

EIN: 460118543 ✦ Hot springs, SD ✦ Designated as a 501(c)(6)

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Overview

What is Chamber Of Commerce?

The Chamber of Commerce is a nonprofit organization, specifically dedicated to promoting the Hot Springs, South Dakota area for both tourism and business growth. Their mission is geared towards benefiting the entire community by fostering a thriving local economy. The organization's activities encompass promoting the area's attractions and resources, thereby encouraging growth and development within the community.


Official website here: www.hotsprings-sd.com

What do the Facebook reviews say about Chamber Of Commerce?

92% of reviewers on Facebook recommend the Chamber of Commerce. Here is a summary of their reviews: Many visitors have expressed appreciation for their experiences, highlighting the friendly and helpful staff, particularly Mary Ann at the Visitor Center, who received special mention for her exceptional service.

Overall, individuals feel that the Chamber of Commerce plays a crucial role in enhancing their visit to South Dakota, providing valuable information and support. The positive sentiments reflect a willingness to recommend this organization to others, showcasing its effectiveness in delivering a welcoming experience.


This AI summary has been generated from reviews found on Facebook.

Is Chamber Of Commerce legitimate?

Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. 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: $108,956

For more financial information, click here


Official website here: www.hotsprings-sd.com

What is the mission statement of Chamber Of Commerce?

The Chamber of Commerce aims to promote the growth of tourism and businesses in an unspecified area, ultimately benefiting the entire community. Their mission is to serve as a catalyst for enhancing the region, fostering a positive image, and encouraging economic development. They strive to attract visitors and investors, thereby strengthening the local economy and improving the overall quality of life. Their activities are geared towards promoting the area as an attractive destination for both leisure and business pursuits.


Official website here: www.hotsprings-sd.com

Who is the CEO of Chamber Of Commerce?

Wally Cachro is the President of Chamber Of Commerce.


Official website here: www.hotsprings-sd.com

What is the revenue of Chamber Of Commerce?

Chamber Of Commerce's revenue in 2022 was $291,762.


Official website here: www.hotsprings-sd.com

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

The average compensation at Chamber Of Commerce during 2022 was $15,565. There are 7 employees at Chamber Of Commerce.


Here are 4 key members and their salaries:


Wally Cachro (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randll Meyers (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Hanson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Presston Gabel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hotsprings-sd.com

Where can I find the form 990 for Chamber Of Commerce?

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


Official website here: www.hotsprings-sd.com

Learn more at the official website: www.hotsprings-sd.com

Mission Statement of Chamber Of Commerce

The Chamber of Commerce is dedicated to promoting the Hot Springs, SD area for both tourism and business growth, ultimately benefiting the entire community. Their mission is to serve as an advocate for this area, striving to enhance its reputation and attract new opportunities for economic development. By fostering a positive image of Hot Springs, the Chamber of Commerce aims to entice visitors and investors, thereby contributing to the prosperity and well-being of the local community.

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Impact




October, 2024

The Chamber of Commerce plays a vital role in promoting the Hot Springs, SD area for both tourism and business growth, benefiting the entire community. By fostering an environment that attracts visitors and supports local businesses, it enhances the economic vitality of the region. The Chamber actively engages in initiatives that highlight the attractions of Hot Springs, drawing in tourists who contribute to the local economy. Additionally, it provides resources and support for local businesses, facilitating networking opportunities and advocating for policies that promote economic development. This collective effort not only strengthens individual enterprises but also contributes to the overall community improvement, creating a vibrant local economy that supports residents and enhances quality of life.




This information is meant to be a general summary of 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
$291,762 (2022)
Expenses
$297,431 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $43
  • Program Service Revenue: $258,162
  • Gross Receipts: $291,762

Assets and Liabilities:

  • Total Assets: $80,648
  • Total Liabilities: $5,132
  • Net Assets: $75,516

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Programs

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

BBB TAX RECEIPTS

Revenue

$142,101

SPECIAL EVENTS

Revenue

$114,572

TELEPHONE CAP CREDIT

Revenue

$1,489

Organization Details

Founding Year

1948

Principal Officer

Wally Cachro

Main Address

PO BOX 342, HOT SPRINGS, SD, 57747

NTEE Category

Code: S30 - Community improvement

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