Fredericksburg Regional Chamber Of Commerce

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

EIN: 540216400 ✦ Fredericksburg, VA ✦ Designated as a 501(c)(6)

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Overview

What is Fredericksburg Regional Chamber Of Commerce?

The Fredericksburg Regional Chamber of Commerce is a nonprofit organization located at 2300 Fall Hill Ave Suite 240, Fredericksburg, VA 22401. Their primary mission is to foster business growth and community involvement within the Fredericksburg region and its surrounding areas. By promoting various activities, they aim to support local businesses and strengthen the community as a whole. The organization has a team of 11 dedicated individuals working towards these objectives.


Official website here: www.fredericksburgchamber.org

Is Fredericksburg Regional Chamber Of Commerce legitimate?

Fredericksburg Regional Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Fredericksburg Regional 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: $140,678
Professional Fundraising Fees: $0
Other Salaries and Wages: $400,719

For more financial information, click here


Official website here: www.fredericksburgchamber.org

What is the mission statement of Fredericksburg Regional Chamber Of Commerce?

The Fredericksburg Regional Chamber of Commerce serves a vital role in fostering business and community activities within its region and surrounding areas. Their mission, as stated, is to actively promote these activities, aiming to enhance the overall business environment and community engagement. The organization does not specify any particular objectives beyond this general mission, focusing primarily on its role in promoting business and community activities.


Official website here: www.fredericksburgchamber.org

Who is the CEO of Fredericksburg Regional Chamber Of Commerce?

Susan Spears is the Chair of Fredericksburg Regional Chamber Of Commerce.


Official website here: www.fredericksburgchamber.org

What is the revenue of Fredericksburg Regional Chamber Of Commerce?

Fredericksburg Regional Chamber Of Commerce's revenue in 2022 was $771,237.


Official website here: www.fredericksburgchamber.org

Who are the executives of Fredericksburg Regional Chamber Of Commerce and what are their salaries?

The average compensation at Fredericksburg Regional Chamber Of Commerce during 2022 was $49,218. There are 11 employees and 107 volunteers at Fredericksburg Regional Chamber Of Commerce.


Here are 20 key members and their salaries:


Eric Fletcher (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Dillard (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Sloan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Horne (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Spears (President/Ce)
  • Compensation: $140,678
  • Related: $0
  • Other: $4,175
Raymond Bell Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Hardy (General Coun)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyrone Logan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Caldwell Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hewa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginni Mastin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janel Donohue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Griffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Holmes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Hutzel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Kingsley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Rivera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Vakos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fredericksburgchamber.org

Where can I find the form 990 for Fredericksburg Regional Chamber Of Commerce?

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


Official website here: www.fredericksburgchamber.org

Learn more at the official website: www.fredericksburgchamber.org

Mission Statement of Fredericksburg Regional Chamber Of Commerce

The Fredericksburg Regional Chamber of Commerce is dedicated to fostering both business and community activities in the Fredericksburg region and its surrounding areas. Their mission is multifaceted, aiming to promote and support the growth and success of local businesses, as well as engage in various community initiatives. By doing so, they contribute to the overall vitality and prosperity of the region. The Chamber's activities are designed to connect businesses, foster collaboration, and advocate for policies that benefit the local community. Through their efforts, they aim to create an environment that enables businesses to thrive and the community to prosper.

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Impact




October, 2024

The Fredericksburg Regional Chamber of Commerce plays a pivotal role in enhancing the economic and social landscape of the Fredericksburg region and its surrounding areas. By promoting business and community activities, it fosters an environment conducive to growth and collaboration among local businesses. This not only boosts the local economy but also enriches the community by supporting events and initiatives that strengthen social ties.

Through its efforts, the Chamber acts as a catalyst for networking opportunities, providing resources and tools for businesses to thrive. It also serves as a voice for the business community, advocating for policies and initiatives that benefit local entrepreneurs and residents alike. The Chamber’s commitment to promoting community improvement ensures that the Fredericksburg area remains vibrant and economically viable, enriching the lives of its residents and establishing a strong foundation for future development.




This information is meant to be a general summary of Fredericksburg Regional 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
$771,237 (2022)
Expenses
$937,321 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $605
  • Program Service Revenue: $709,370
  • Gross Receipts: $829,781

Assets and Liabilities:

  • Total Assets: $627,123
  • Total Liabilities: $0
  • Net Assets: $627,123

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Programs

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

MEMBERSHIP DUES

Revenue

$554,641

LEADERSHIP FEES

Revenue

$84,257

MEMBER EVENTS

Revenue

$58,039

NON-MEMBER REVENUE

Revenue

$12,433

Organization Details

Founding Year

1916

Principal Officer

Susan Spears

Main Address

2300 FALL HILL AVE SUITE 240, FREDERICKSBURG, VA, 22401

NTEE Category

Code: S41 - Community improvement

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