Overview
What is Chamber Of Commerce For Greater Milford Inc?
The Chamber of Commerce for Greater Milford Inc, situated in Milford, Delaware, is a dedicated nonprofit organization with a mission to foster balanced economic development in the surrounding area. They achieve this goal by organizing community events, such as the Riverwalk Freedom Festival, which is free for the public. This event attracts support from local businesses and generates revenue through vendor fees. The organization, with a modest workforce of two individuals, is committed to advancing the economic growth and prosperity of the Greater Milford area.
Official website here: www.milfordchamber.com
Is Chamber Of Commerce For Greater Milford Inc legitimate?
Chamber Of Commerce For Greater Milford Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Chamber Of Commerce For Greater Milford Inc 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
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Other Salaries and Wages: $99,922
For more financial information, click here
Official website here: www.milfordchamber.com
What is the mission statement of Chamber Of Commerce For Greater Milford Inc?
The Chamber of Commerce for Greater Milford Inc is committed to fostering balanced economic development in its respective area. Its mission, in essence, is to promote economic growth and development, focusing on creating an equitable environment for businesses and the community as a whole. This organization accomplishes its mission by organizing events, such as the Riverwalk Freedom Festival, and collecting donations from local businesses and vendor fees. By doing so, it contributes to the overall economic vitality of the community it serves.
Official website here: www.milfordchamber.com
Who is the CEO of Chamber Of Commerce For Greater Milford Inc?
Joanne Schmeiser is the Executive Director of Chamber Of Commerce For Greater Milford Inc.
Official website here: www.milfordchamber.com
What is the revenue of Chamber Of Commerce For Greater Milford Inc?
Chamber Of Commerce For Greater Milford Inc's revenue in 2022 was $212,727.
Official website here: www.milfordchamber.com
Who are the executives of Chamber Of Commerce For Greater Milford Inc and what are their salaries?
The average compensation at Chamber Of Commerce For Greater Milford Inc during 2022 was $49,961. There are 2 employees and 15 volunteers at Chamber Of Commerce For Greater Milford Inc.
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Official website here: www.milfordchamber.com
Where can I find the form 990 for Chamber Of Commerce For Greater Milford Inc?
Chamber Of Commerce For Greater Milford Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.milfordchamber.com
Learn more at the official website: www.milfordchamber.com
Mission Statement of Chamber Of Commerce For Greater Milford Inc
The Chamber of Commerce for Greater Milford Inc is committed to fostering a balanced economic growth in its respective region. Its mission, in essence, is geared towards advancing the economic development of the Greater Milford area. This organization works towards achieving this goal by organizing various initiatives and events. One such initiative is the Riverwalk Freedom Festival, a free community event that the chamber organizes. Additionally, the chamber collects donations from local businesses and charges vendor fees for participating in these events. The overall aim of these activities is to contribute positively to the economic development of the area, thus improving the overall quality of life for its residents.
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Impact
October, 2024
Chamber of Commerce for Greater Milford Inc plays a vital role in fostering economic development in the Greater Milford area. By organizing community events such as the Riverwalk Freedom Festival, it not only enriches local culture but also drives traffic to local businesses. This festival is a platform for small businesses and vendors to showcase their offerings, helping to stimulate the local economy and encourage community engagement.
Through its activities, the Chamber collects donations from local businesses, which further supports community initiatives and events. The organization serves as a hub for collaboration among local enterprises, providing opportunities for networking and partnership that enhance the overall vitality of the area. Its efforts contribute to a balanced economic landscape, ensuring that businesses thrive while fostering a strong sense of community spirit.
This information is meant to be a general summary of Chamber Of Commerce For Greater Milford 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,028
- Program Service Revenue: $151,790
- Gross Receipts: $212,727
Assets and Liabilities:
- Total Assets: $176,557
- Total Liabilities: $39,905
- Net Assets: $136,652
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY EVENTS
Revenue
$151,790
Organization Details
Founding Year
1990
Principal Officer
Joanne Schmeiser
Main Address
24 NW FRONT STREET STE 101, MILFORD, DE, 19963
Website
www.milfordchamber.comNTEE Category
Code: S41 - Community improvement
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