Overview
What is Lynchburg Regional Business Alliance?
Lynchburg Regional Business Alliance is a nonprofit organization situated in Lynchburg, Virginia. With a team of 13 dedicated individuals, their primary mission is to foster responsible economic growth, enhance the business climate, and improve the overall quality of life in the region. They accomplish this by serving and strengthening their member businesses, thereby stimulating regional prosperity. Their activities and projects are geared towards promoting a thriving business environment, with their headquarters located at 300 Lucado Place, Lynchburg, VA 24504.
Official website here: www.lynchburgregion.org
What do the Facebook reviews say about Lynchburg Regional Business Alliance?
86% of 17 reviewers on Facebook recommend the Lynchburg Regional Business Alliance. Here is a summary of their comments:
Overall, participants express appreciation for the professionalism and dedication exhibited by the LRBA staff during events such as the annual meeting of the Virginia Association of Chamber of Commerce Executives. Attendees noted the seamless organization, quality of speakers, and enjoyable atmosphere, highlighting the Alliance's ability to create a positive experience for business owners.
The positive sentiment reflects a sense of community and teamwork fostered by LRBA, with contributors acknowledging their hard work and thanking the team for their efforts. This suggests that the nonprofit delivers on its promises and maintains a strong reputation among its supporters.
This AI summary has been generated from reviews found on Facebook.
Is Lynchburg Regional Business Alliance legitimate?
Lynchburg Regional Business Alliance is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lynchburg Regional Business Alliance 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: $645,682
For more financial information, click here
Official website here: www.lynchburgregion.org
What is the mission statement of Lynchburg Regional Business Alliance?
The Lynchburg Regional Business Alliance is dedicated to serving its member businesses with the aim of fostering regional prosperity. Their mission extends beyond the membership, encompassing initiatives that encourage responsible economic growth, establish a favorable business climate, and enhance the overall quality of life in the community. Through various membership activities and projects, the alliance works towards stimulating economic growth and improving the local business environment.
Official website here: www.lynchburgregion.org
What is the revenue of Lynchburg Regional Business Alliance?
Lynchburg Regional Business Alliance's revenue in 2023 was $2,511,574.
Official website here: www.lynchburgregion.org
Who are the executives of Lynchburg Regional Business Alliance and what are their salaries?
The average compensation at Lynchburg Regional Business Alliance during 2023 was $49,668. There are 13 employees and 50 volunteers at Lynchburg Regional Business Alliance.
Here are 47 key members and their salaries:
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Official website here: www.lynchburgregion.org
Where can I find the form 990 for Lynchburg Regional Business Alliance?
Lynchburg Regional Business Alliance's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lynchburgregion.org
Learn more at the official website: www.lynchburgregion.org
Mission Statement of Lynchburg Regional Business Alliance
The Lynchburg Regional Business Alliance's mission is centered around enhancing the strength of its member businesses and stimulating regional prosperity. This nonprofit organization engages in a variety of activities and projects that contribute to responsible economic growth, foster a favorable business environment, and ultimately improve the local quality of life. By serving its member businesses, the Alliance aims to drive regional development and contribute to an overall sense of well-being within the community.
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Impact
October, 2024
The Lynchburg Regional Business Alliance plays a crucial role in fostering economic growth and enhancing the business environment in the Lynchburg area. By focusing on strengthening member businesses, the Alliance actively contributes to the overall prosperity of the region. Through various membership activities and projects, it promotes responsible economic development, cultivates a positive business climate, and improves the quality of life for residents.
By serving as a vital resource for local businesses, the Alliance not only supports individual companies but also stimulates regional progress. Its efforts help create a collaborative environment where businesses can thrive, driving innovation and attracting new investments. The Alliance's commitment to enhancing the business landscape ultimately leads to job creation and a more vibrant community, ensuring sustainable growth for Lynchburg and its surrounding areas.
This information is meant to be a general summary of Lynchburg Regional Business Alliance. 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: $39,070
- Program Service Revenue: $1,117,208
- Gross Receipts: $2,511,574
Assets and Liabilities:
- Total Assets: $3,761,518
- Total Liabilities: $828,832
- Net Assets: $2,932,686
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMPENSATING PROJECT
Revenue
$637,462
MEMBERSHIP DUES
Revenue
$419,714
ADVERTISING INCOME (LLIFE)
Revenue
$59,282
SALE OF MAILING LABELS
Revenue
$750
Organization Details
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