Cary Chamber Of Commerce

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

EIN: 560989726 ✦ Cary, NC ✦ Designated as a 501(c)(6)

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Overview

What is Cary Chamber Of Commerce?

The Cary Chamber of Commerce, situated in Cary, North Carolina, serves as a pivotal promotional force for the local community on both a regional and international scale. Their primary mission is to stimulate economic growth by actively engaging existing businesses and fostering the development of future enterprises. They contribute to the community's overall well-being by supporting civic activities that enhance the quality of life in Cary. With a dedicated workforce of ten employees, the Cary Chamber of Commerce plays a significant role in promoting commerce and fostering a thriving business environment in the area.


Official website here: www.carychamber.com

Is Cary Chamber Of Commerce legitimate?

Cary Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cary 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: $212,898
Professional Fundraising Fees: $0
Other Salaries and Wages: $458,088

For more financial information, click here


Official website here: www.carychamber.com

What is the mission statement of Cary Chamber Of Commerce?

The Cary Chamber of Commerce's mission is centered around promoting economic growth. They accomplish this by actively engaging with both existing and prospective businesses. This organization also supports civic activities that enhance the overall quality of life in the community. Beyond local promotion, the Cary Chamber of Commerce extends its reach to regional, national, and international levels. Their mission is to actively contribute to the prosperity of businesses and the betterment of the community as a whole.


Official website here: www.carychamber.com

What is the revenue of Cary Chamber Of Commerce?

Cary Chamber Of Commerce's revenue in 2023 was $1,644,570.


Official website here: www.carychamber.com

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

The average compensation at Cary Chamber Of Commerce during 2023 was $67,099. There are 10 employees and 21 volunteers at Cary Chamber Of Commerce.

Here are 23 key members and their salaries:


Wendy Coulter (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Stephenson (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Booth (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moss Withers (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Lowery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Aamot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Byerley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Gussenhoven (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruthie Pritchard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alpesh Karsalia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Moncrief (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Weaver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Wagoner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Ziegler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Baldwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Browne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Corbin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Norman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicol Whitaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Johnson (President)
  • Compensation: $109,756
  • Related: $0
  • Other: $5,068
Mark Lawson (President)
  • Compensation: $181,100
  • Related: $0
  • Other: $7,914


Official website here: www.carychamber.com

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

Cary Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.carychamber.com

Learn more at the official website: www.carychamber.com

Mission Statement of Cary Chamber Of Commerce

The Cary Chamber of Commerce is an organization with a mission to foster economic growth in various capacities. By actively engaging both existing and potential businesses, this nonprofit seeks to promote commerce within Cary, North Carolina. Beyond this, the Cary Chamber of Commerce supports civic activities that positively impact the quality of life in the community. Through its efforts, the organization works to promote Cary on a local, regional, national, and international level.

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Impact




October, 2024

The Cary Chamber of Commerce plays a crucial role in enhancing the economic landscape of Cary, North Carolina. By focusing on the promotion of commerce locally, regionally, nationally, and internationally, it actively engages with existing and prospective businesses to foster growth and development.

Through various initiatives, the Chamber supports civic activities that contribute to the overall quality of life in Cary. This engagement not only benefits businesses by creating networking opportunities and resources for growth but also enriches the community by ensuring that local economic development aligns with community improvement goals. The Chamber's efforts create a vibrant business environment that can attract investment, boost employment, and enhance the overall prosperity of the area.




This information is meant to be a general summary of Cary 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
$1,644,570 (2023)
Expenses
$1,664,663 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9,844
  • Program Service Revenue: $671,134
  • Gross Receipts: $1,644,570

Assets and Liabilities:

  • Total Assets: $1,589,188
  • Total Liabilities: $310,354
  • Net Assets: $1,278,834

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Programs

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

PROGRAMS & SERVICES

Revenue

$305,464

ECONOMIC DEVELOPMENT

Revenue

$196,140

CONFERENCES & SEMINARS

Revenue

$91,630

ANNUAL BANQUET

Revenue

$77,900

Organization Details

Founding Year

1962

Principal Officer

Mark Lawson

NTEE Category

Code: S41 - Community improvement

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