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Martinsville-Henry County Chamber Of Commerce Inc

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

EIN: 540675121 ✦ Martinsville, VA ✦ Designated as a 501(c)(6)

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Overview

What is Martinsville-Henry County Chamber Of Commerce Inc?

The Martinsville-Henry County Chamber of Commerce Inc, located in Martinsville, Virginia, is a nonprofit organization with a mission to promote the commercial, industrial, and civic well-being of the city and its surrounding county. With a team of six dedicated individuals, this organization works tirelessly to foster growth and development in the local business community. It serves as a platform for networking, advocacy, and resources, ultimately contributing to the betterment of Martinsville and Henry County.

Is Martinsville-Henry County Chamber Of Commerce Inc legitimate?

Martinsville-Henry County Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Martinsville-Henry County 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,751

For more financial information, click here

What is the mission statement of Martinsville-Henry County Chamber Of Commerce Inc?

The Martinsville-Henry County Chamber of Commerce Inc is committed to promoting the commercial, industrial, and civic growth of its community. Its primary objective is to enhance the interests of its city and county, serving as an advocate for business development and civic progress. By doing so, it aims to foster a thriving and prosperous local economy, ultimately contributing to the betterment of the community as a whole.

Who is the CEO of Martinsville-Henry County Chamber Of Commerce Inc?

Anne Jacobsen-Smith is the President of Martinsville-Henry County Chamber Of Commerce Inc.

What is the revenue of Martinsville-Henry County Chamber Of Commerce Inc?

Martinsville-Henry County Chamber Of Commerce Inc's revenue in 2022 was $322,135.

Who are the executives of Martinsville-Henry County Chamber Of Commerce Inc and what are their salaries?

The average compensation at Martinsville-Henry County Chamber Of Commerce Inc during 2022 was $18,292. There are 6 employees and 20 volunteers at Martinsville-Henry County Chamber Of Commerce Inc.


Here are 19 key members and their salaries:


Lisa Watkins (President)
  • Compensation: $85,000
  • Related: $0
  • Other: $0
Deshanta Hairston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Handy (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Jacobsen-Smith (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristoff Lievens (Vice Chair Of Organizational Imp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larissa Rash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Cassady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlie Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Dickens (Immed Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Stitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joni Temple (Vice Chair Of Membership Dev)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Kirby (Vice Chair Of Economic Development)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Draper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Souter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Hatchett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Japhet Legrant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spencer Thomas (Vice Chair Of Govt Affairs)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Sabin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Martinsville-Henry County Chamber Of Commerce Inc?

Martinsville-Henry County Chamber Of Commerce Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Martinsville-Henry County Chamber Of Commerce Inc

The Martinsville-Henry County Chamber of Commerce Inc is dedicated to promoting the commercial, industrial, and civic well-being of the City of Martinsville and Henry County. In essence, its mission is to serve as a catalyst for growth and development within this region, fostering a thriving business environment and enhancing the overall quality of life for its residents. By advancing the commercial interests of local businesses, the Chamber contributes to a robust economy, while its focus on industrial development encourages job creation and economic progress. Furthermore, by advocating for civic interests, the Chamber plays a significant role in shaping the community and fostering a sense of unity and engagement among its residents.

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Impact




October, 2024

The Martinsville-Henry County Chamber of Commerce Inc plays a crucial role in advancing the economic and civic landscape of the Martinsville and Henry County area. By focusing on the commercial and industrial interests, the Chamber fosters a vibrant business environment that encourages growth and innovation.

Its initiatives contribute to job creation, attract new businesses, and support existing ones through resources, networking opportunities, and advocacy. Additionally, the Chamber engages in community improvement projects that enhance the quality of life for residents, promoting a sense of community and collaboration among local stakeholders.

Overall, the Chamber's efforts are vital in driving economic development and enhancing civic engagement in Martinsville and Henry County.




This information is meant to be a general summary of Martinsville-Henry County 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.

Revenue
$322,135 (2022)
Expenses
$328,115 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $229
  • Program Service Revenue: $192,128
  • Gross Receipts: $322,135

Assets and Liabilities:

  • Total Assets: $399,895
  • Total Liabilities: $84,397
  • Net Assets: $315,498

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Programs

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

Small business income

Revenue

$36,111

CPEG Admin fee

Revenue

$24,987

Advertising commission

Revenue

$33,595

MURA reimbursement

Revenue

$38,965

Chamber Champions

Revenue

$36,750

Organization Details

Founding Year

1959

Principal Officer

Anne Jacobsen-Smith

Main Address

P O Box 709, Martinsville, VA, 24114

NTEE Category

Code: S41 - Community improvement

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