Overview
What is Franklin Area Chamber Of Commerce?
The Franklin Area Chamber of Commerce is a notable nonprofit organization that primarily focuses on boosting the region's tourism. They accomplish this by distributing local occupancy room tax on a monthly basis, which is governed by state regulations. The Chamber further supports this endeavor by publishing directories and other relevant materials to aid in promoting the area. Their mission is to contribute positively to the region's tourism industry by providing these resources.
Is Franklin Area Chamber Of Commerce legitimate?
Franklin Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Franklin Area 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: $54,286
Professional Fundraising Fees: $0
Other Salaries and Wages: $87,930
For more financial information, click here
What is the mission statement of Franklin Area Chamber Of Commerce?
The Franklin Area Chamber of Commerce functions with a mission to bolster the local tourism sector. This is achieved through the regular distribution of a local occupancy room tax, a practice governed by state statutes. Additionally, the chamber sponsors the creation and dissemination of directories and publications, serving as valuable resources to aid in the promotion of the area.
Who is the CEO of Franklin Area Chamber Of Commerce?
Linda C Harbuck is the Executive Director of Franklin Area Chamber Of Commerce.
What is the revenue of Franklin Area Chamber Of Commerce?
Franklin Area Chamber Of Commerce's revenue in 2022 was $800,131.
Who are the executives of Franklin Area Chamber Of Commerce and what are their salaries?
The average compensation at Franklin Area Chamber Of Commerce during 2022 was $35,554. There are 4 employees at Franklin Area Chamber Of Commerce.
Here are 4 key members and their salaries:
- Compensation: $54,286
- Related: $0
- Other: $0
- Compensation: $43,343
- Related: $0
- Other: $0
- Compensation: $41,358
- Related: $0
- Other: $0
- Compensation: $3,229
- Related: $0
- Other: $0
Where can I find the form 990 for Franklin Area Chamber Of Commerce?
Franklin Area Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Franklin Area Chamber Of Commerce
The Franklin Area Chamber of Commerce plays a significant role in promoting tourism within its jurisdiction. This nonprofit organization achieves this goal by distributing local occupancy room tax on a monthly basis, a practice that is governed by state statutes. Furthermore, the Franklin Area Chamber of Commerce supports area promotion by sponsoring directories and publications, which serve as valuable resources for disseminating information and attracting visitors. By carrying out these activities, the Franklin Area Chamber of Commerce contributes to the enhancement of the local tourism industry, thereby benefiting the community as a whole.
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Impact
October, 2024
The Franklin Area Chamber of Commerce plays a pivotal role in enhancing the local economy and promoting tourism in the Franklin, NC area. By distributing local occupancy room tax monthly, it helps fund initiatives that attract visitors, which is crucial for sustaining local businesses. The Chamber also produces directories and publications that showcase the area’s attractions and resources, facilitating connections between tourists and local businesses.
Through these efforts, the Chamber fosters community improvement, increases visibility for local enterprises, and reinforces Franklin’s appeal as a travel destination. This multi-faceted approach strengthens the local economy and enriches the community, benefiting residents, businesses, and visitors alike.
This information is meant to be a general summary of Franklin Area 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $36
- Program Service Revenue: $619,175
- Gross Receipts: $838,296
Assets and Liabilities:
- Total Assets: $1,457,874
- Total Liabilities: $163,646
- Net Assets: $1,294,228
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DIRECTORY
Revenue
$48,670
LOCAL OCCUPANCY TAX
Revenue
$570,505
Organization Details
Founding Year
1969
Principal Officer
Linda C Harbuck
Main Address
98 HYATT ROAD, FRANKLIN, NC, 28734
NTEE Category
Code: S41 - Community improvement
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