Wake Forest Area Chamber Of Commerce

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

EIN: 561122169 ✦ Wake forest, NC ✦ Designated as a 501(c)(6)

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Overview

What is Wake Forest Area Chamber Of Commerce?

The Wake Forest Area Chamber of Commerce is a nonprofit organization situated at 350 S White Street, Wake Forest, NC 27587. Their primary mission is to bring together local businesses and foster economic growth in the Wake Forest area, ultimately benefiting the community as a whole. With a team of seven dedicated individuals, they actively promote economic development by uniting business efforts and collaborating towards community betterment.


Official website here: www.wakeforestchamber.org

Is Wake Forest Area Chamber Of Commerce legitimate?

Wake Forest Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Wake Forest 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $282,203

For more financial information, click here


Official website here: www.wakeforestchamber.org

What is the mission statement of Wake Forest Area Chamber Of Commerce?

The Wake Forest Area Chamber of Commerce's mission is centered around bringing together local business initiatives and fostering economic growth within the community. Their aim is to contribute positively to the community's development. By uniting business efforts, they strive to promote economic advancement and improve the community's overall well-being. Their activities are geared towards fostering a conducive business environment that benefits the community as a whole.


Official website here: www.wakeforestchamber.org

Who is the CEO of Wake Forest Area Chamber Of Commerce?

Gordon Coleman is the Chair of Wake Forest Area Chamber Of Commerce.


Official website here: www.wakeforestchamber.org

What is the revenue of Wake Forest Area Chamber Of Commerce?

Wake Forest Area Chamber Of Commerce's revenue in 2023 was $517,284.


Official website here: www.wakeforestchamber.org

Who are the executives of Wake Forest Area Chamber Of Commerce and what are their salaries?

The average compensation at Wake Forest Area Chamber Of Commerce during 2023 was $40,315. There are 7 employees at Wake Forest Area Chamber Of Commerce.


Here are 15 key members and their salaries:


Gordon Coleman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Hamaty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carter Harrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Hutchinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Kima (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Kimray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Pittman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dino Radosta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annete Rhodes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
June Sadowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Shackleford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Wallace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Welch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shyrl Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wakeforestchamber.org

Where can I find the form 990 for Wake Forest Area Chamber Of Commerce?

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


Official website here: www.wakeforestchamber.org

Learn more at the official website: www.wakeforestchamber.org

Mission Statement of Wake Forest Area Chamber Of Commerce

The Wake Forest Area Chamber of Commerce is committed to bringing together the business community in Wake Forest, NC, with the aim of fostering economic development. This nonprofit organization's mission is to contribute positively to the community by leveraging the collective efforts of local businesses. By promoting economic growth, the Wake Forest Area Chamber of Commerce aims to enhance the overall well-being of the community.

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Impact




October, 2024

The Wake Forest Area Chamber of Commerce plays a vital role in uniting business efforts and driving economic development in the Wake Forest, NC area. By fostering collaboration among local businesses, the Chamber helps create an environment conducive to growth and innovation. Its initiatives not only support the economic landscape but also enhance the overall community well-being.

Through various programs and events, the Chamber promotes networking opportunities, allowing businesses to form valuable connections and partnerships. By advocating for local economic interests, the Chamber helps ensure that the needs of the business community are represented, contributing to a thriving local economy.

In addition to economic impact, the Chamber places a strong emphasis on community improvement, encouraging businesses to engage in community service and initiatives that enrich the quality of life for all residents. Overall, the Wake Forest Area Chamber of Commerce significantly contributes to the vibrancy and sustainability of the region, promoting not only business success but also the betterment of the community as a whole.




This information is meant to be a general summary of Wake Forest 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.

Revenue
$517,284 (2023)
Expenses
$453,270 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $4,551
  • Program Service Revenue: $496,586
  • Gross Receipts: $734,937

Assets and Liabilities:

  • Total Assets: $641,472
  • Total Liabilities: $12,032
  • Net Assets: $629,440

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Programs

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

MEMBERSHIP DUES

Revenue

$482,261

ANNUAL BANQUET

Revenue

$14,325

Organization Details

Principal Officer

Gordon Coleman

Main Address

350 S WHITE STREET, WAKE FOREST, NC, 27587

NTEE Category

Code: S41 - Community improvement

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