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Ada Area Chamber Foundation Inc

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

EIN: 474444787 ✦ Ada, OK ✦ Designated as a 501(c)(3)

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Overview

What is Ada Area Chamber Foundation Inc?

The Ada Area Chamber Foundation is a nonprofit organization, situated in Ada, presumably, as the name suggests. They are dedicated to delivering various community-focused initiatives, with a total expenditure of $47,571. One of their notable programs is the Trail of Lights, designed to illuminate the local community park during the festive season of Christmas, spreading joy and cheer. The Ada Area Chamber Foundation's efforts extend beyond this, as they also manage other programs, functioning as a vital part of the Ada community.

Is Ada Area Chamber Foundation Inc legitimate?

Ada Area Chamber Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ada Area Chamber Foundation Inc 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.

What is the mission statement of Ada Area Chamber Foundation Inc?

The Ada Area Chamber Foundation, as a non-profit organization, focuses on offering various programs to serve its community. One of its notable initiatives is the Trail of Lights, which is designed to illuminate the community park during the Christmas season. Beyond this, the exact mission statement of the Ada Area Chamber Foundation Inc is not provided in the given information. However, it can be inferred that the foundation aims to contribute positively to its community through its diverse programs, with a significant portion of its resources allocated to the Trail of Lights project.

Who is the CEO of Ada Area Chamber Foundation Inc?

Mason Groves is the Treasurer of Ada Area Chamber Foundation Inc.

What is the revenue of Ada Area Chamber Foundation Inc?

Ada Area Chamber Foundation Inc's revenue in 2022 was $192.

Who are the executives of Ada Area Chamber Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Wade Evans (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Feiler (Chair - Elec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mason Groves (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Beck (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Ada Area Chamber Foundation Inc?

Ada Area Chamber Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Ada Area Chamber Foundation Inc

The Ada Area Chamber Foundation, as an organization, is committed to offering a variety of programs. One of its key initiatives is the Trail of Lights, which is designed to bring Christmas cheer to the community park by installing decorative lighting. Beyond this, the foundation sponsors other projects such as Shop Ada, contributing a total of $47,571 towards these endeavors. Although the mission statement is not explicitly provided in the given data, it can be inferred that the Ada Area Chamber Foundation aims to enhance community engagement and promote local businesses through its programs.

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Impact




October, 2024

The Ada Area Chamber Foundation Inc significantly enhances community engagement and local pride through its various initiatives. Programs like Shop Ada encourage residents to support local businesses, fostering economic growth within the community. The Trail of Lights, which provides festive Christmas lighting for the community park, creates a warm and inviting atmosphere during the holiday season, promoting community spirit and togetherness. With a total investment of $47,571 in these initiatives, the Foundation plays a vital role in enriching the cultural and social fabric of Ada, Oklahoma, ultimately benefiting residents and visitors alike.




This information is meant to be a general summary of Ada Area Chamber Foundation 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.

Revenue
$192 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $192
  • Gross Receipts: $192

Assets and Liabilities:

  • Total Assets: $128,427
  • Total Liabilities: $0
  • Net Assets: $128,427

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Organization Details

Principal Officer

Mason Groves

Main Address

PO BOX 248, ADA, OK, 74821

NTEE Category

Code: W99 - Public benefit

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