Overview
What is Montgomery County Chamber Of Commerce?
The Montgomery County Chamber of Commerce is a nonprofit organization situated in Rockville, Maryland, specifically at 51 Monroe Street 1800, with a staff of 18 individuals. Their primary mission is to foster, encourage, and promote the commercial, professional, financial, and general business interests of Montgomery County. They accomplish this by organizing various events throughout the year, such as the Business Awards Broadcast, Public Safety Awards Broadcast, and an Annual Dinner. In the fiscal year 2023, the Chamber sponsored these events, including converting table sponsors for broadcasted events into production sponsors along with award sponsors. The Chamber's activities and mission are further detailed in Part III, Line 1 of the information provided.
Official website here: www.montgomerycountychamber.com
Is Montgomery County Chamber Of Commerce legitimate?
Montgomery County Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Montgomery County 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: $695,103
Professional Fundraising Fees: $0
Other Salaries and Wages: $543,066
For more financial information, click here
Official website here: www.montgomerycountychamber.com
What is the mission statement of Montgomery County Chamber Of Commerce?
The Montgomery County Chamber of Commerce serves a purpose of fostering and enhancing the commercial, professional, financial, and general business interests of Montgomery County. This organization actively promotes human and community development as well. Their mission involves developing, encouraging, and promoting various business interests within the county. They accomplish this by organizing several events annually, such as the Business Awards Broadcast, Public Safety Awards Broadcast, and an in-person Annual Dinner. In the 2023 fiscal year, they transformed table sponsors of broadcasted events into production sponsors, alongside award sponsors.
Official website here: www.montgomerycountychamber.com
Who is the CEO of Montgomery County Chamber Of Commerce?
Georgette W Godwin is the Principal Officer of Montgomery County Chamber Of Commerce. The CEO's salary of Montgomery County Chamber Of Commerce is $327,162 and their total compensation is $359,592.
Official website here: www.montgomerycountychamber.com
What is the revenue of Montgomery County Chamber Of Commerce?
Montgomery County Chamber Of Commerce's revenue in 2023 was $2,396,992.
Official website here: www.montgomerycountychamber.com
Who are the executives of Montgomery County Chamber Of Commerce and what are their salaries?
The average compensation at Montgomery County Chamber Of Commerce during 2023 was $68,787. There are 18 employees and 55 volunteers at Montgomery County Chamber Of Commerce.
Here are 57 key members and their salaries (Montgomery County Chamber Of Commerce's CEO's salary is $327,162 and their total compensation is $359,592):
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- Compensation: $129,679
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- Compensation: $170,664
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- Other: $15,752
- Compensation: $140,546
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- Other: $5,029
- Compensation: $101,375
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- Other: $9,481
Official website here: www.montgomerycountychamber.com
Where can I find the form 990 for Montgomery County Chamber Of Commerce?
Montgomery County Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.montgomerycountychamber.com
Learn more at the official website: www.montgomerycountychamber.com
Mission Statement of Montgomery County Chamber Of Commerce
The Montgomery County Chamber of Commerce is dedicated to fostering the commercial, professional, financial, and general business interests of Montgomery County. Its purpose extends beyond merely promoting business growth; it also advocates for human and community development. By sponsoring various events throughout the year, such as the Business Awards Broadcast, the Public Safety Awards Broadcast, and the Annual Dinner, the Chamber actively engages with the local business community and contributes to its development. The Chamber also converts table sponsors for broadcasted events into production sponsors, alongside award sponsors, demonstrating its commitment to collaborative partnerships.
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Impact
October, 2024
Montgomery County Chamber of Commerce plays a vital role in fostering business growth and community development in Montgomery County, Maryland. By organizing key events such as the Business Awards Broadcast, Public Safety Awards Broadcast, and the Annual Dinner, the Chamber creates opportunities for networking, recognition, and collaboration among local businesses.
These events not only showcase the achievements of businesses and individuals but also enhance the visibility of commercial, professional, and financial interests in the community. The Chamber's efforts in promoting these interests contribute to a stronger, more vibrant local economy. Additionally, by encouraging community development alongside business growth, the Chamber supports a holistic approach to improving the quality of life in the region. This dual focus helps to strengthen community ties and fosters a supportive environment for businesses to thrive.
This information is meant to be a general summary of Montgomery County 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: $21,904
- Program Service Revenue: $2,271,763
- Gross Receipts: $2,396,992
Assets and Liabilities:
- Total Assets: $2,748,286
- Total Liabilities: $2,344,910
- Net Assets: $403,376
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT REGISTRATIONS
Revenue
$1,660,723
MEMBERSHIP DUES
Revenue
$498,540
GOVCON PARTNERSHIP
Revenue
$112,500
Organization Details
Founding Year
1959
Phone
(301) 738-0015Principal Officer
Georgette W Godwin
Main Address
51 MONROE STREET 1800, ROCKVILLE, MD, 20850
NTEE Category
Code: S41 - Community improvement
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