Milbank Area Chamber Of Commerce

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

EIN: 460215420 ✦ Milbank, SD ✦ Designated as a 501(c)(6)

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Overview

What is Milbank Area Chamber Of Commerce?

The Milbank Area Chamber of Commerce is a nonprofit organization situated in Milbank, South Dakota. With a team of three dedicated individuals, their primary objective is to boost business growth within the local community. They accomplish this by organizing various promotional meetings and programs throughout the year, aiming to connect and support local businesses. The Chamber's mission is to contribute positively to the commercial development of Milbank, South Dakota.


Official website here: www.milbanksd.com

Is Milbank Area Chamber Of Commerce legitimate?

Milbank Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Milbank Area 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: $49,477

For more financial information, click here


Official website here: www.milbanksd.com

What is the mission statement of Milbank Area Chamber Of Commerce?

The Milbank Area Chamber of Commerce has a mission to support the promotion of businesses within its community. This organization aims to facilitate various promotional meetings and programs throughout the year, working towards the betterment and growth of local businesses. The mission is focused on fostering a thriving business environment, contributing to the overall success of the community.


Official website here: www.milbanksd.com

Who is the CEO of Milbank Area Chamber Of Commerce?

Dwight Samson is the President of Milbank Area Chamber Of Commerce.


Official website here: www.milbanksd.com

What is the revenue of Milbank Area Chamber Of Commerce?

Milbank Area Chamber Of Commerce's revenue in 2022 was $326,592.


Official website here: www.milbanksd.com

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

The average compensation at Milbank Area Chamber Of Commerce during 2022 was $16,492. There are 3 employees at Milbank Area Chamber Of Commerce.


Here are 11 key members and their salaries:


Jamie Henderson (Executive Di)
  • Compensation: $16,912
  • Related: $0
  • Other: $0
Stacy Anderson (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Boswell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Lester (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay O'Farrell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Pauli (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwight Samson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Scott (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Twistol (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Vander Wal (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Watson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.milbanksd.com

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

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


Official website here: www.milbanksd.com

Learn more at the official website: www.milbanksd.com

Mission Statement of Milbank Area Chamber Of Commerce

The Milbank Area Chamber of Commerce, situated in South Dakota, is committed to supporting the growth and prosperity of businesses within its community. Its primary objective is to facilitate the promotion of businesses, working tirelessly to foster a thriving business environment. The chamber accomplishes this by organizing a series of promotional meetings and programs throughout the year. These events serve to bring together local businesses, fostering networking opportunities and promoting mutual growth. By aiding in the promotion of businesses, the Milbank Area Chamber of Commerce contributes to the overall welfare and development of its community.

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Impact




October, 2024

The Milbank Area Chamber of Commerce plays a crucial role in enhancing the business landscape of Milbank, South Dakota. By focusing on the promotion of local businesses, the Chamber fosters economic growth and community development. Through various promotional meetings and programs held throughout the year, it actively engages business owners and entrepreneurs, encouraging networking and collaboration.

The Chamber’s efforts contribute to a vibrant local economy, which in turn supports employment opportunities and enhances the quality of life for residents. By serving as a resource for businesses, the Chamber helps to raise awareness about local products and services, ultimately driving consumer interest and investment in the community. Its commitment to community improvement not only strengthens individual businesses but also bolsters the overall reputation and sustainability of Milbank as a thriving place to live and work.




This information is meant to be a general summary of Milbank Area 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
$326,592 (2022)
Expenses
$300,015 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $54
  • Program Service Revenue: $223,839
  • Gross Receipts: $326,592

Assets and Liabilities:

  • Total Assets: $155,809
  • Total Liabilities: $2,728
  • Net Assets: $153,081

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Programs

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

OL MILL BUCKS

Revenue

$103,453

FARLEY FEST

Revenue

$87,951

CINCO DE MAYO

Revenue

$7,565

COMMUNITY ROOM

Revenue

$6,816

FOURTH OF JULY

Revenue

$6,590

Organization Details

Founding Year

1989

Principal Officer

Dwight Samson

Main Address

1001 EAST 4TH AVENUE SUITE 101, MILBANK, SD, 57252

NTEE Category

Code: S41 - Community improvement

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