Delaware State Chamber Of Commerce

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

EIN: 510007780 ✦ Wilmington, DE ✦ Designated as a 501(c)(6)

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Overview

What is Delaware State Chamber Of Commerce?

The Delaware State Chamber of Commerce is a prominent nonprofit organization situated in Wilmington, Delaware, specifically at 1201 N Orange Street 200. Their primary mission is to foster and enhance business relations within the state, with the ultimate goal of creating a competitive economic climate that benefits Delaware's businesses and citizens. To achieve this, the chamber provides essential services tailored to its members' needs, acting as a primary resource on matters affecting businesses of all sizes. The chamber also serves as a leading advocate for businesses in their interactions with the Delaware government. Every year, they host a significant event, the Annual Dinner, featuring a renowned keynote speaker, dinner, and presentation of the Josiah Marvel Cup Award to an influential Delaware business leader or prominent individual who has made substantial contributions to the state. The organization is led by a team of 11 dedicated individuals.


Official website here: www.dscc.com

Is Delaware State Chamber Of Commerce legitimate?

Delaware State Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Delaware State 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: $256,631
Professional Fundraising Fees: $0
Other Salaries and Wages: $519,554

For more financial information, click here


Official website here: www.dscc.com

What is the mission statement of Delaware State Chamber Of Commerce?

The Delaware State Chamber of Commerce is committed to fostering better business relationships within the state. Their mission is to establish an economic climate that enhances the competitiveness of Delaware businesses, ultimately benefiting the state's citizens. The chamber aims to provide services that meet the needs of its members, positioning itself as the primary resource on issues affecting businesses of all sizes. Furthermore, it aspires to be the leading advocate for business interests in dealings with the Delaware government.


Official website here: www.dscc.com

Who is the CEO of Delaware State Chamber Of Commerce?

Michael J Quaranta is the Member of Delaware State Chamber Of Commerce.


Official website here: www.dscc.com

What is the revenue of Delaware State Chamber Of Commerce?

Delaware State Chamber Of Commerce's revenue in 2022 was $1,764,002.


Official website here: www.dscc.com

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

The average compensation at Delaware State Chamber Of Commerce during 2022 was $70,562. There are 11 employees at Delaware State Chamber Of Commerce.


Here are 15 key members and their salaries:


Catherine M Bassett (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Chambliss (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason D Gonzalez (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John C Gooden (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Holliday (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Horne (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Keefer (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas P Lambrow (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodger Levenson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Mccullough (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Meoli (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas A Moriello (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice E Nevin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Wilkinson (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Quaranta (President)
  • Compensation: $256,634
  • Related: $0
  • Other: $4,500


Official website here: www.dscc.com

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

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


Official website here: www.dscc.com

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

Mission Statement of Delaware State Chamber Of Commerce

The Delaware State Chamber of Commerce, as a leading organization, aims to foster improved business relationships within Delaware. Its mission is centered around promoting an economic climate that enhances the competitiveness of businesses within the state, ultimately benefiting its citizens. The Chamber serves as a primary resource, providing services that cater to companies of all sizes. It strives to be recognized as the go-to authority on matters affecting businesses, demonstrating its commitment to advocating for business interests with the government in Delaware.

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Impact




October, 2024

The Delaware State Chamber of Commerce plays a crucial role in enhancing business relations within the state, fostering an environment conducive to economic growth. Through initiatives like their annual dinner event, they connect Delaware's business leaders, offering a platform for networking and collaboration. This flagship event not only features influential keynote speakers but also celebrates local contributions to business through awards like the Josiah Marvel Cup, recognizing significant achievements in the community.

Their mission focuses on promoting an economic climate that strengthens Delaware's business competitiveness while benefiting its citizens. The Chamber serves as a vital resource, providing services that meet the demands of businesses of all sizes. By actively advocating for business interests with government entities, the Delaware State Chamber of Commerce ensures that the voice of the business community is heard, contributing to policies and initiatives that enhance overall economic prosperity in the state.




This information is meant to be a general summary of Delaware State 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
$1,764,002 (2022)
Expenses
$1,676,824 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,757,977
  • Gross Receipts: $1,764,002

Assets and Liabilities:

  • Total Assets: $1,983,081
  • Total Liabilities: $736,513
  • Net Assets: $1,246,568

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Programs

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

MEMBERSHIP DUES AND AS

Revenue

$883,675

ANNUAL DINNER

Revenue

$547,523

SEMINARS & EVENTS

Revenue

$326,779

Organization Details

Founding Year

1915

Principal Officer

Michael J Quaranta

Main Address

1201 N ORANGE STREET 200, WILMINGTON, DE, 198011167

NTEE Category

Code: S41 - Community improvement

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