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Arlington Chamber Of Commerce Foundation Inc

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

EIN: 542085214 ✦ Arlington, TX ✦ Designated as a 501(c)(3)

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Overview

What is Arlington Chamber Of Commerce Foundation Inc?

Arlington Chamber of Commerce Foundation Inc is a supporting organization based in Arlington, Texas, specifically at 505 East Border Street. Its primary role is to aid the Arlington Chamber of Commerce and local organizations by dispensing grants for economic development and community development initiatives. This nonprofit organization acts as a bridge, alleviating the financial burden of Arlington's local government in matters pertaining to economic development and urban land use. Additionally, it strives to educate the public regarding local government matters, furthering its mission to uplift the community.


Official website here: www.arlingtontx.com/

Is Arlington Chamber Of Commerce Foundation Inc legitimate?

Arlington Chamber Of Commerce Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arlington Chamber Of Commerce Foundation 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: $0

For more financial information, click here


Official website here: www.arlingtontx.com/

What is the mission statement of Arlington Chamber Of Commerce Foundation Inc?

The Arlington Chamber of Commerce Foundation Inc serves as a supporting organization to the Arlington Chamber of Commerce. Its primary role involves alleviating the financial responsibilities of the local government regarding economic development and urban land use issues. Additionally, the foundation provides public education on local government matters. As a supporting entity, it makes grants to the Arlington Chamber of Commerce and other local organizations to fund economic development and community development programs.


Official website here: www.arlingtontx.com/

Who is the CEO of Arlington Chamber Of Commerce Foundation Inc?

Michael Jacobson is the President/Ce of Arlington Chamber Of Commerce Foundation Inc.


Official website here: www.arlingtontx.com/

What is the revenue of Arlington Chamber Of Commerce Foundation Inc?

Arlington Chamber Of Commerce Foundation Inc's revenue in 2022 was $55,637.


Official website here: www.arlingtontx.com/

Who are the executives of Arlington Chamber Of Commerce Foundation Inc and what are their salaries?


Here are 13 key members and their salaries:


Michael Jacobson (President/Ce)
  • Compensation: $0
  • Related: $244,212
  • Other: $24,711
Chad Bates (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Autumn Dipert Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas J Clayton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Henry Dombroski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Duke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Gaines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry R Hoodenpyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Martindale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darla Peznell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randal Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Taaffe (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen R Zimmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.arlingtontx.com/

Where can I find the form 990 for Arlington Chamber Of Commerce Foundation Inc?

Arlington Chamber Of Commerce Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.arlingtontx.com/

Learn more at the official website: www.arlingtontx.com/

Mission Statement of Arlington Chamber Of Commerce Foundation Inc

The Arlington Chamber Of Commerce Foundation Inc serves as a supporting organization to the Arlington Chamber of Commerce, with a mission to lessen the burdens of the local government in matters related to economic development and urban land use. This nonprofit organization also strives to provide education to the public about local government. In essence, its role is to support the Chamber of Commerce and contribute to the betterment of the community by funding programs that promote economic and community development. The Foundation accomplishes this by making grants to both the Arlington Chamber of Commerce and other local organizations.

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Impact




October, 2024

Arlington Chamber Of Commerce Foundation Inc significantly contributes to the local community by enhancing economic development and urban land use efforts in Arlington, TX. By serving as a supporting organization for the Arlington Chamber of Commerce, the foundation helps alleviate the fiscal and operational burdens faced by local government in these crucial areas.

Through strategic grants, it funds economic development initiatives and community programs that foster growth and improve quality of life for residents. Additionally, the foundation actively educates the public about local government processes, empowering citizens with knowledge and encouraging civic engagement. This holistic approach not only supports businesses and promotes economic vitality but also strengthens community ties and encourages informed participation in local governance. The foundation’s impact is evident in its commitment to fostering a thriving, informed community that can navigate the complexities of urban development and economic advancement effectively.




This information is meant to be a general summary of Arlington Chamber Of Commerce Foundation 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
$55,637 (2022)
Expenses
$52,325 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $54
  • Gross Receipts: $55,637

Assets and Liabilities:

  • Total Assets: $100,375
  • Total Liabilities: $0
  • Net Assets: $100,375

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Organization Details

Founding Year

2003

Principal Officer

Michael Jacobson

Main Address

505 EAST BORDER STREET, ARLINGTON, TX, 76010

NTEE Category

Code: S20 - Community improvement

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