Guilford Merchants Association Inc

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

EIN: 566062537 ✦ Greensboro, NC ✦ Designated as a 501(c)(6)

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Overview

What is Guilford Merchants Association Inc?

Guilford Merchants Association Inc is a nonprofit organization situated in Greensboro, North Carolina. With a small team of four individuals, its primary mission is to support and foster the growth of its member businesses within the community. The association achieves this through educational programming, lead generation activities, marketing opportunities, and enrichment initiatives. By doing so, it serves as a catalyst for community growth, aiming to educate the public on the benefits of becoming a member and continuously expanding its membership and services.


Official website here: www.ggma.org

Is Guilford Merchants Association Inc legitimate?

Guilford Merchants Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Guilford Merchants Association 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: $99,557
Professional Fundraising Fees: $0
Other Salaries and Wages: $118,844

For more financial information, click here


Official website here: www.ggma.org

What is the mission statement of Guilford Merchants Association Inc?

The Guilford Merchants Association Inc is a business membership organization that aims to aid its member companies in their growth and prosperity. It achieves this goal through various means, including educational programming, lead generation activities, marketing opportunities, and enrichment initiatives. Furthermore, the association serves as a catalyst for community growth. To expand its reach, the association actively recruits new members and assists in their development. Additionally, it educates the community on the benefits of becoming a member and explores ways to expand its membership and services.


Official website here: www.ggma.org

Who is the CEO of Guilford Merchants Association Inc?

Mark Prince is the President & Ceo of Guilford Merchants Association Inc. The CEO's salary of Guilford Merchants Association Inc is $0 and their total compensation is $0.


Official website here: www.ggma.org

What is the revenue of Guilford Merchants Association Inc?

Guilford Merchants Association Inc's revenue in 2022 was $639,808.


Official website here: www.ggma.org

Who are the executives of Guilford Merchants Association Inc and what are their salaries?

The average compensation at Guilford Merchants Association Inc during 2022 was $54,600. There are 4 employees at Guilford Merchants Association Inc.


Here are 18 key members and their salaries (Guilford Merchants Association Inc's CEO's salary is $0 and their total compensation is $0):


Mark Prince (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clarence Mcdonald (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Beard (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Parrish (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ford Bowers (Board Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Duggins (Board Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Baker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Burgio-Wheelihan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Dudley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Himes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Mcelroy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Pompey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Price (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Thomas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Vanore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian James (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Heller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Bolick (Vice President Of Operatio)
  • Compensation: $99,557
  • Related: $0
  • Other: $0


Official website here: www.ggma.org

Where can I find the form 990 for Guilford Merchants Association Inc?

Guilford Merchants Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ggma.org

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

Mission Statement of Guilford Merchants Association Inc

Guilford Merchants Association Inc, a business membership organization, is dedicated to aiding its members and the broader business community in their growth and prosperity. The association serves as a catalyst for community development, offering educational programming, lead generation activities, marketing opportunities, and enrichment events to its member companies. Its mission is twofold: firstly, to recruit new members and provide support in their development; secondly, to educate the community on the benefits of GMA membership and identify ways to expand its services. By fostering a strong and thriving business community, Guilford Merchants Association Inc aims to contribute to the overall growth and vitality of the community at large.

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Impact




October, 2024

Guilford Merchants Association Inc plays a crucial role in enhancing the business landscape of Greensboro, NC. By focusing on member support and development, the association facilitates growth opportunities for local businesses through educational programming, marketing initiatives, and lead generation activities. This proactive approach not only helps individual companies thrive but also contributes to the overall economic vitality of the community.

The association’s efforts to recruit new members and educate the public about the benefits of membership empower local entrepreneurs and strengthen community ties. By serving as a catalyst for community growth, Guilford Merchants Association Inc fosters a collaborative environment where businesses can share resources and ideas, ultimately leading to a more prosperous and vibrant Greensboro.




This information is meant to be a general summary of Guilford Merchants Association 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
$639,808 (2022)
Expenses
$753,088 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $689,898
  • Gross Receipts: $784,963

Assets and Liabilities:

  • Total Assets: $178,678
  • Total Liabilities: $148,709
  • Net Assets: $29,969

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Programs

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

BUSINESS SUPPORT SERVI

Revenue

$495,000

MEMBERSHIP DUES

Revenue

$144,809

COMMUNITY EVENTS

Revenue

$40,039

NETWORKING SERVICES

Revenue

$10,050

Organization Details

Founding Year

1906

Principal Officer

Mark Prince

Main Address

PO BOX 26140, GREENSBORO, NC, 27402

NTEE Category

Code: S41 - Community improvement

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