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Wisconsin Lgbt Chamber Of Commerce

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

EIN: 461062617 ✦ Milwaukee, WI ✦ Designated as a 501(c)(6)

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Overview

What is Wisconsin Lgbt Chamber Of Commerce?

The Wisconsin LGBT Chamber of Commerce is a nonprofit organization based in Milwaukee, Wisconsin. During 2022, their primary focus was to foster a more inclusive business community. They achieved this by expanding and enhancing their services to members, including technical assistance trainings, strengthening existing programs like the Business Leadership Academy and LGBT Workplace Alliance, and launching the Entrepreneur Bootcamp to support new businesses. Additionally, the organization aimed to increase the number of certified LGBTBEs in Wisconsin and assist corporate procurement officers in utilizing diverse suppliers. Their mission involves advocating for the business needs of the LGBTQ+ community across Wisconsin, providing networking opportunities, and promoting economic growth through education and public outreach.


Official website here: www.wislgbtchamber.com

Is Wisconsin Lgbt Chamber Of Commerce legitimate?

Wisconsin Lgbt Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Wisconsin Lgbt 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: $303,077

For more financial information, click here


Official website here: www.wislgbtchamber.com

What is the mission statement of Wisconsin Lgbt Chamber Of Commerce?

The Wisconsin LGBT Chamber of Commerce's mission is to serve as an advocate for the LGBTQ business community in the state. They aim to foster economic growth and opportunities by connecting people and providing education for economic development. The chamber is actively involved in public outreach and external affairs for the LGBT community, organizing networking events and social gatherings to build a stronger community. In 2022, they accomplished their goal of creating a more inclusive business community by expanding and enhancing programs and services for their members, including technical assistance trainings, business leadership academy, LGBT workplace alliance, and launching an entrepreneur bootcamp. The organization also focused on increasing the number of certified LGBTBEs in Wisconsin and assisting corporate procurement officers in utilizing diverse suppliers.


Official website here: www.wislgbtchamber.com

Who is the CEO of Wisconsin Lgbt Chamber Of Commerce?

Jason Rae is the CEO of Wisconsin Lgbt Chamber Of Commerce The CEO's salary of Wisconsin Lgbt Chamber Of Commerce is $0 and their total compensation is $0.


Official website here: www.wislgbtchamber.com

What is the revenue of Wisconsin Lgbt Chamber Of Commerce?

Wisconsin Lgbt Chamber Of Commerce's revenue in 2023 was $711,701.


Official website here: www.wislgbtchamber.com

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

The average compensation at Wisconsin Lgbt Chamber Of Commerce during 2023 was $37,885. There are 8 employees at Wisconsin Lgbt Chamber Of Commerce.

Here are 4 key members and their salaries (Wisconsin Lgbt Chamber Of Commerce's CEO's salary is $0 and their total compensation is $0):


Timothy Posnanski (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Rae (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cris Selin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jorna Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wislgbtchamber.com

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

Wisconsin Lgbt Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.wislgbtchamber.com

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

Mission Statement of Wisconsin Lgbt Chamber Of Commerce

The Wisconsin LGBT Chamber of Commerce, a prominent organization, is committed to serving as an advocate for the LGBTQ business community across the state. Its mission is to foster economic growth and opportunities by connecting individuals and providing education for economic development. The chamber aims to promote public outreach and external affairs, organize networking events, and host social gatherings to strengthen the LGBT community. The chamber aspires to be a powerful voice in advocating for the business interests of the LGBTQ community in Wisconsin.

During the year 2022, the Wisconsin LGBT Chamber of Commerce demonstrated its commitment to its mission by expanding and enhancing its programs and services for its members. This was achieved through the continuation of its one-on-one technical assistance trainings, aimed at aiding businesses in their growth and development. Furthermore, the chamber focused on enhancing existing programs such as the Business Leadership Academy and the LGBT Workplace Alliance. In addition, the organization launched the Entrepreneur Bootcamp to support the growth of new businesses. The chamber also worked on increasing the number of certified LGBTBEs in Wisconsin and assisting corporate procurement officers in utilizing more diverse suppliers. By the end of the year, the chamber had 677 businesses as its members.

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Impact




October, 2024

The Wisconsin LGBT Chamber of Commerce significantly impacts the state's economic landscape by promoting inclusivity and fostering growth within the LGBTQ business community. Through comprehensive membership services, it connects entrepreneurs and businesses, creating valuable networking opportunities while emphasizing education for economic development.

In 2022, the Chamber successfully enhanced its programs, providing one-on-one technical assistance and expanding initiatives like the Business Leadership Academy and the LGBT Workplace Alliance. The launch of the Entrepreneur Bootcamp further underscores its commitment to nurturing new businesses. By increasing the number of certified LGBTBE (LGBT Business Enterprise) suppliers, the Chamber supports diverse procurement practices, benefiting both local businesses and larger corporate partners.

With a dedicated membership that grew to 677 businesses, the Wisconsin LGBT Chamber of Commerce is a vital advocate for the LGBTQ community, working tirelessly to create a more inclusive and supportive business environment across the state. Its efforts not only strengthen individual businesses but also contribute to the overall economic growth and social progress in Wisconsin.




This information is meant to be a general summary of Wisconsin Lgbt 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
$711,701 (2023)
Expenses
$783,283 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $275
  • Program Service Revenue: $38,807
  • Gross Receipts: $711,701

Assets and Liabilities:

  • Total Assets: $274,697
  • Total Liabilities: $0
  • Net Assets: $274,697

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Programs

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

BUSINESS LEADERSHIP ACADEMY

Revenue

$12,250

OUT IN THE KITCHEN - EVENT RE

Revenue

$7,707

HOLIDAY SOIREE AND PARTIES

Revenue

$4,204

BUSINESS AWARDS & SHOWCASE

Revenue

$3,612

PRIDE LUNCHEON

Revenue

$2,866

Organization Details

Founding Year

2012

Principal Officer

Jason Rae

NTEE Category

Code: S41 - Community improvement

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