Overview
What is Montgomery Area Chamber Of Commerce?
Montgomery Area Chamber of Commerce is a nonprofit organization dedicated to fostering economic growth within the Montgomery community. Their primary mission encompasses three key areas: attracting and relocating new businesses, ensuring the success and expansion of existing businesses, and nurturing small businesses and entrepreneurship. The Chamber's activities are centered around providing essential support to the local business community, thereby contributing to the overall economic development of Montgomery.
Is Montgomery Area Chamber Of Commerce legitimate?
Montgomery Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Montgomery Area Chamber Of Commerce submitted a form 990EZ, 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: $98,791
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Montgomery Area Chamber Of Commerce?
The Montgomery Area Chamber of Commerce is dedicated to fostering economic growth in its community. Its mission encompasses three primary areas: attracting and relocating businesses, retaining and expanding existing businesses, and supporting small businesses and entrepreneurs. The Chamber's focus is on driving economic development within its community, with a strong emphasis on supporting the local business community.
What is the revenue of Montgomery Area Chamber Of Commerce?
Montgomery Area Chamber Of Commerce's revenue in 2023 was $79,463.
Who are the executives of Montgomery Area Chamber Of Commerce and what are their salaries?
The average compensation at Montgomery Area Chamber Of Commerce during 2023 was $49,396. There are 2 employees and 20 volunteers at Montgomery Area Chamber Of Commerce.
Here are 10 key members and their salaries:
- Compensation: $57,750
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- Compensation: $41,041
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Where can I find the form 990 for Montgomery Area Chamber Of Commerce?
Montgomery Area Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Montgomery Area Chamber Of Commerce
The Montgomery Area Chamber of Commerce is committed to fostering economic growth in its community. Its mission encompasses three key areas: attracting and relocating businesses, retaining and expanding existing businesses, and supporting small businesses and entrepreneurs. This organization is dedicated to promoting business development and enhancing the business environment in Montgomery. By focusing on these areas, the Chamber of Commerce aims to strengthen the local economy and provide support to the business community.
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Impact
October, 2024
The Montgomery Area Chamber of Commerce significantly impacts the local economy and community by focusing on three key areas of economic development: business attraction and relocation, existing business retention and expansion, and small business and entrepreneurial development. By actively working to attract new businesses to Montgomery, the Chamber helps create jobs and stimulate local economic growth, enhancing the overall vitality of the area.
Additionally, by supporting existing businesses, the Chamber ensures that local enterprises can thrive and expand, fostering a robust business environment. This focus on retention helps to stabilize the economy and provide consistent employment opportunities for residents. Furthermore, the promotion of small businesses and entrepreneurship cultivates innovation and diversity in the local market, empowering individuals to contribute to the community's economic landscape.
Overall, the Chamber serves as a vital resource for the Montgomery community, facilitating business support and development and ultimately driving community improvement and prosperity.
This information is meant to be a general summary of Montgomery 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $182
- Program Service Revenue: $950
- Gross Receipts: $254,308
Assets and Liabilities:
- Total Assets: $129,633
- Total Liabilities: $8,875
- Net Assets: $120,758
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Advertising
Revenue
$950
Organization Details
NTEE Category
Code: S41 - Community improvement
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