Overview
What is Crisfield Area Chamber Of Commerce Inc?
Crisfield Area Chamber of Commerce Inc is a small, yet influential nonprofit organization situated in Crisfield, Maryland. With a single employee, their primary mission is to boost and support new businesses in the local area, while also aiding existing ones. They accomplish this by running two large annual events and maintaining programs to meet the needs of the business community. These events attract tourists from across the country, thereby generating opportunities for local businesses to thrive. By sponsoring these events, Crisfield Area Chamber of Commerce Inc plays a significant role in promoting the economic growth and vitality of the local business sector.
Is Crisfield Area Chamber Of Commerce Inc legitimate?
Crisfield Area Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Crisfield Area Chamber Of Commerce 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,799
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What is the mission statement of Crisfield Area Chamber Of Commerce Inc?
The Crisfield Area Chamber of Commerce Inc is committed to fostering new businesses and supporting existing ones in their local community. Their mission involves promoting, coordinating, and sustaining programs to address the needs of the business community. As part of their activities, they run two significant annual events to attract tourists and encourage them to utilize and support local businesses. These events, such as the Annual Crab & Clam Bake and the National Hard Crab Derby, bring in visitors from across the country.
Who is the CEO of Crisfield Area Chamber Of Commerce Inc?
Thomas Shores is the 1St Vice President of Crisfield Area Chamber Of Commerce Inc.
What is the revenue of Crisfield Area Chamber Of Commerce Inc?
Crisfield Area Chamber Of Commerce Inc's revenue in 2022 was $151,432.
Who are the executives of Crisfield Area Chamber Of Commerce Inc and what are their salaries?
The average compensation at Crisfield Area Chamber Of Commerce Inc during 2022 was $46,799. There is 1 employee and 200 volunteers at Crisfield Area Chamber Of Commerce Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Crisfield Area Chamber Of Commerce Inc?
Crisfield Area Chamber Of Commerce Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Crisfield Area Chamber Of Commerce Inc
The Crisfield Area Chamber of Commerce Inc is dedicated to promoting and encouraging the growth of new businesses in its local area while also providing support to existing businesses. This nonprofit organization plays a crucial role in promoting and coordinating programs that cater to the needs of the business community. One of their key strategies is to run two large events annually, which not only attract tourists from various parts of the country but also encourage them to use and support local businesses. These events, such as the Annual Crab & Clam Bake and the National Hard Crab Derby, contribute significantly to the local economy by bringing in a influx of visitors and revenue.
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Impact
October, 2024
Crisfield Area Chamber of Commerce Inc significantly enhances the local economy by promoting and encouraging new business development while supporting existing enterprises in the Crisfield area. Their initiatives foster a vibrant business community, ensuring that local needs are addressed and met.
By organizing two major annual events, the Crab & Clam Bake and the National Hard Crab Derby, the Chamber attracts visitors from across the country. These events not only provide entertainment and community engagement but also drive tourism, benefiting local businesses through increased foot traffic and sales. The influx of tourists supports restaurants, shops, and other services, ultimately enriching the local economy and creating opportunities for growth.
The Chamber's commitment to coordinating and sustaining programs that address the needs of the business community solidifies their role as a vital partner in fostering economic vitality in Crisfield. Through these efforts, they create an environment conducive to new ventures while ensuring existing businesses thrive, leading to community improvement and enhanced quality of life for residents.
This information is meant to be a general summary of Crisfield Area Chamber Of Commerce 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.
- Program Service Revenue: $8,350
- Gross Receipts: $502,621
Assets and Liabilities:
- Total Assets: $306,686
- Total Liabilities: $6,205
- Net Assets: $300,481
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISC.
Revenue
$8,350
Organization Details
Founding Year
1990
Phone
(410) 968-2500Principal Officer
Thomas Shores
Main Address
906 W MAIN STREET, CRISFIELD, MD, 21817
NTEE Category
Code: S41 - Community improvement
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