Overview
What is Lexington Area Chamber Of Commerce Inc?
The Lexington Area Chamber of Commerce Inc, located in Lexington, North Carolina, serves as a vital organization fostering collaboration among businesses in the area. Their primary objective is to promote mutual interests within the local business sector and stimulate civic engagement. Additionally, they strive to uphold and enhance the overall business standards within the community. This nonprofit entity, with a workforce of 4 individuals, plays a significant role in fostering a conducive business environment in Lexington.
Official website here: www.lexingtonchamber.net/
What do the Facebook reviews say about Lexington Area Chamber Of Commerce Inc?
Currently, there are only a couple of reviews available for the Lexington Area Chamber Of Commerce Inc, which suggests limited user engagement and insights. One reviewer expresses disappointment, indicating a lack of support for small businesses in Lexington and expressing shame in being associated with the area.
Given the current sentiment from these reviews, it appears that there is some dissatisfaction regarding the Chamber's effectiveness in promoting and supporting local small businesses. Without a broader array of reviews, it is challenging to gauge overall community sentiment comprehensively or to identify specific areas where the organization may excel or need improvement.
This AI summary has been generated from reviews found on Facebook.
Is Lexington Area Chamber Of Commerce Inc legitimate?
Lexington Area Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lexington 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: $61,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,350
For more financial information, click here
Official website here: www.lexingtonchamber.net/
What is the mission statement of Lexington Area Chamber Of Commerce Inc?
The Lexington Area Chamber of Commerce Inc's mission is centered around fostering cooperation in areas beneficial to local businesses. They strive to enhance civic interest and establish a higher standard of business conduct. Their objective is to create an environment that encourages the growth and success of the business community.
Official website here: www.lexingtonchamber.net/
Who is the CEO of Lexington Area Chamber Of Commerce Inc?
Joe Wallace is the Director of Lexington Area Chamber Of Commerce Inc.
Official website here: www.lexingtonchamber.net/
What is the revenue of Lexington Area Chamber Of Commerce Inc?
Lexington Area Chamber Of Commerce Inc's revenue in 2023 was $260,779.
Official website here: www.lexingtonchamber.net/
Who are the executives of Lexington Area Chamber Of Commerce Inc and what are their salaries?
The average compensation at Lexington Area Chamber Of Commerce Inc during 2023 was $25,962. There are 4 employees and 40 volunteers at Lexington Area Chamber Of Commerce Inc.
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Official website here: www.lexingtonchamber.net/
Where can I find the form 990 for Lexington Area Chamber Of Commerce Inc?
Lexington Area Chamber Of Commerce Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lexingtonchamber.net/
Learn more at the official website: www.lexingtonchamber.net/
Mission Statement of Lexington Area Chamber Of Commerce Inc
The Lexington Area Chamber of Commerce Inc is dedicated to fostering unity among businesses in Lexington, with a primary focus on matters that are beneficial to their operations. Beyond this, the organization strives to cultivate a greater sense of civic responsibility within the community. Lastly, the Lexington Area Chamber of Commerce Inc takes on the role of upholding and enhancing professional standards within the business sector. In essence, the mission of this nonprofit organization is to facilitate collaboration among businesses, encourage community engagement, and promote a higher level of professionalism in the business world.
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Impact
October, 2024
The Lexington Area Chamber of Commerce Inc plays a vital role in fostering a strong business environment in Lexington, NC. By promoting cooperation among local businesses, the chamber enhances collaboration and networking opportunities, which are essential for business growth. It also promotes civic interest, encouraging community engagement and participation in initiatives that benefit local development.
Furthermore, the chamber strives to maintain and elevate business standards, advocating for best practices that contribute to the overall economic health of the area. Their efforts not only support existing businesses but also attract new investments to Lexington, enhancing job creation and economic vitality. Through events, resources, and educational programs, the Lexington Area Chamber of Commerce Inc is a cornerstone of community improvement and economic development in the region.
This information is meant to be a general summary of Lexington 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 2023.
- Gross Receipts: $260,779
Assets and Liabilities:
- Total Assets: $87,905
- Total Liabilities: $29,994
- Net Assets: $57,911
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Organization Details
Founding Year
1946
Phone
(336) 248-5929Principal Officer
Joe Wallace
Main Address
PO Drawer C, Lexington, NC, 27293
Website
www.lexingtonchamber.net/NTEE Category
Code: S41 - Community improvement
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