Overview
What is Myrtle Beach Area Chamber Of Commerce?
The Myrtle Beach Area Chamber of Commerce is a nonprofit organization based in Myrtle Beach, South Carolina. With a team of 54 employees, they are dedicated to promoting, protecting, and positively impacting businesses and the economy in the area. They achieve this through various activities and programs, including advocacy for public policy, tourism promotion, destination advertising, business training, and networking events. Additionally, they offer leadership development, business services, and job creation opportunities. Their mission is to foster a thriving business community in the Grand Strand region.
Official website here: www.myrtlebeachareachamber.org
What are the reviews and ratings of this charity?
The Myrtle Beach Area Chamber Of Commerce is not currently rated by Charity Navigator, primarily because it is not a 501(c)(3) IRS registered nonprofit, which is necessary for evaluation under their Accountability & Finance and Impact & Measurement methodologies. This absence of a rating neither suggests a positive nor negative assessment but indicates the organization falls outside the standard evaluation criteria for nonprofits by Charity Navigator.
Despite lacking a comprehensive Charity Navigator rating, the Chamber excels in Culture & Community, earning a perfect score. It effectively engages with its community, actively seeking and utilizing constituent feedback to refine its programs and operations. The organization implements robust equity strategies, including vendor vetting for racial equity and ensuring diverse representation on its board, highlighting its commitment to inclusivity and racial equity.
Without user reviews on GreatNonprofits, further insight into personal interactions or community-driven assessments of the Chamber is limited. Therefore, any direct user feedback about their impact or services remains unreported in this summary.
This AI summary has been generated from information found on Charity Navigator.
Is Myrtle Beach Area Chamber Of Commerce legitimate?
Myrtle Beach Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Myrtle Beach 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: $3,818,504
For more financial information, click here
Official website here: www.myrtlebeachareachamber.org
What is the mission statement of Myrtle Beach Area Chamber Of Commerce?
The Myrtle Beach Area Chamber of Commerce works to promote, protect, and positively impact local businesses and the economy through various activities and programs. These efforts encompass advocacy of public policy, tourism promotion, destination advertising, business promotion, networking, leadership development, business training, and convention/meeting sales, among others, as outlined in its organizational mission statement. The Chamber's primary goal is to enhance the growth and success of businesses within the community.
Official website here: www.myrtlebeachareachamber.org
Who is the CEO of Myrtle Beach Area Chamber Of Commerce?
Karen Riordan is the CEO of Myrtle Beach Area Chamber Of Commerce The CEO's salary of Myrtle Beach Area Chamber Of Commerce is $416,919 and their total compensation is $449,635.
Official website here: www.myrtlebeachareachamber.org
What is the revenue of Myrtle Beach Area Chamber Of Commerce?
Myrtle Beach Area Chamber Of Commerce's revenue in 2023 was $80,047,104.
Official website here: www.myrtlebeachareachamber.org
Who are the executives of Myrtle Beach Area Chamber Of Commerce and what are their salaries?
The average compensation at Myrtle Beach Area Chamber Of Commerce during 2023 was $62,598. There are 61 employees and 250 volunteers at Myrtle Beach Area Chamber Of Commerce.
Here are 35 key members and their salaries (Myrtle Beach Area Chamber Of Commerce's CEO's salary is $416,919 and their total compensation is $449,635):
- Compensation: $416,919
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- Other: $32,716
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- Compensation: $193,530
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- Other: $24,443
- Compensation: $249,247
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- Other: $29,462
- Compensation: $199,544
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- Other: $17,516
- Compensation: $162,086
- Related: $0
- Other: $30,258
- Compensation: $111,269
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- Other: $10,213
- Compensation: $134,940
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- Other: $25,295
- Compensation: $134,961
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- Other: $29,008
- Compensation: $104,699
- Related: $0
- Other: $19,490
Official website here: www.myrtlebeachareachamber.org
Where can I find the form 990 for Myrtle Beach Area Chamber Of Commerce?
Myrtle Beach Area Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.myrtlebeachareachamber.org
Learn more at the official website: www.myrtlebeachareachamber.org
Mission Statement of Myrtle Beach Area Chamber Of Commerce
Myrtle Beach Area Chamber of Commerce, a key player in the Grand Strand business community, is dedicated to fostering a thriving economic environment for its member businesses. With a mission to promote, protect, and positively impact the local economy, the Chamber engages in a range of activities and programs.
At the heart of its efforts is advocacy for public policy that benefits businesses. The Chamber takes a proactive stance in shaping legislation and regulations, ensuring they align with the interests of its members. In addition to lobbying on their behalf, the Chamber also fosters connections between businesses and government leaders, creating opportunities for collaboration and dialogue.
Beyond advocacy, the Chamber actively promotes tourism and destination advertising. Through these initiatives, it brings an influx of visitors to the Grand Strand area, which in turn benefits local businesses. The Chamber's destination branding efforts aim to elevate the region's reputation, drawing more attention and interest to the area.
Moreover, the Chamber facilitates business promotion and networking opportunities, allowing its members to forge valuable connections and collaborations. It offers leadership development programs, empowering local business leaders to assume leadership roles within their organizations and the community. Furthermore, the Chamber supports business training and education, helping its members to grow and thrive.
In summary, the Myrtle Beach Area Chamber of Commerce serves as a vital catalyst for business growth and economic development in the Grand Strand area. By engaging in advocacy, tourism promotion, business support, and networking, it fosters a dynamic and interconnected business community.
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Impact
October, 2024
The Myrtle Beach Area Chamber of Commerce significantly impacts the local economy and businesses through a diverse range of programs and activities. By advocating for public policy and promoting tourism, the organization enhances the region's appeal as a travel destination, drawing visitors and boosting local spending.
Through destination advertising and branding initiatives, the Chamber builds a strong identity for the Grand Strand area, encouraging tourists to explore and invest in the community. Additionally, the Chamber fosters business growth and community improvement by offering networking opportunities, leadership development, and business training programs.
Their efforts also include convention and meeting sales, which attract conferences and events that generate substantial economic activity. By conducting research and providing valuable business services, the Chamber supports job creation and overall economic development in the region. In summary, the Myrtle Beach Area Chamber of Commerce plays a crucial role in promoting and protecting the interests of its member businesses, positively influencing the Grand Strand economy as a whole.
This information is meant to be a general summary of Myrtle Beach 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 2023.
- Investment Income: $1,036,681
- Program Service Revenue: $5,551,323
- Gross Receipts: $80,047,104
Assets and Liabilities:
- Total Assets: $48,590,709
- Total Liabilities: $37,794,643
- Net Assets: $10,796,066
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COOPERATIVE ADVERTISING
Revenue
$4,017,722
SPONSORSHIPS
Revenue
$915,248
PROGRAMS AND EVENTS
Revenue
$315,780
OTHER
Revenue
$302,573
Organization Details
Founding Year
1947
Principal Officer
Randall Mckeel
NTEE Category
Code: S41 - Community improvement
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