Longboat Key Chamber Of Commerce Inc

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

EIN: 591159710 ✦ Sarasota, FL ✦ Designated as a 501(c)(6)

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Overview

What is Longboat Key Chamber Of Commerce Inc?

The Longboat Key Chamber of Commerce Inc, located in Sarasota, Florida, is a nonprofit organization with approximately 350 members. Their primary mission is to foster a conducive environment that boosts business opportunities for its members. They achieve this goal by organizing networking events and offering information to individuals seeking data from the chamber. Furthermore, the chamber is committed to maintaining Longboat Key, Lido Key, and St. Armands Key as distinguished island communities. Their operations are supported by a team of three dedicated individuals.


Official website here: www.longboatkeychamber.com

What do the Facebook reviews say about Longboat Key Chamber Of Commerce Inc?

100% of 14 reviewers on Facebook recommend the Longboat Key Chamber of Commerce Inc. Here is a summary of their reviews:

Members express genuine appreciation for their experiences with the Chamber, highlighting the welcoming atmosphere and valuable networking opportunities provided. Many have felt a strong sense of community and gratitude for the support they receive, stating that events are enjoyable and help them connect with new individuals.

Overall, the sentiment is overwhelmingly positive, indicating that the Chamber successfully fosters an inclusive environment, encouraging collaboration and growth among its members.


This AI summary has been generated from reviews found on Facebook.

Is Longboat Key Chamber Of Commerce Inc legitimate?

Longboat Key Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Longboat Key Chamber Of Commerce 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: $70,894
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,714

For more financial information, click here


Official website here: www.longboatkeychamber.com

What is the mission statement of Longboat Key Chamber Of Commerce Inc?

The Longboat Key Chamber of Commerce Inc's mission is to establish an environment that boosts business prospects for its members and preserves Longboat Key, Lido Key, and St. Armands Key as distinguished island communities. By providing networking events and other opportunities for interaction, the chamber aims to enhance business opportunities for its approximately 350 members, as well as offer information to those who request it.


Official website here: www.longboatkeychamber.com

What is the revenue of Longboat Key Chamber Of Commerce Inc?

Longboat Key Chamber Of Commerce Inc's revenue in 2023 was $247,966.


Official website here: www.longboatkeychamber.com

Who are the executives of Longboat Key Chamber Of Commerce Inc and what are their salaries?

The average compensation at Longboat Key Chamber Of Commerce Inc during 2023 was $22,152. There are 4 employees and 50 volunteers at Longboat Key Chamber Of Commerce Inc.

Here are 14 key members and their salaries:


Gail Loefgren Through 1132024 (President/Secretary)
  • Compensation: $56,702
  • Related: $0
  • Other: $0
Kimberly Verreault Begin 10172024 (President/Secretary)
  • Compensation: $14,192
  • Related: $0
  • Other: $0
Darrin Caldwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Gould (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reva Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Vejins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Walther (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Wirt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deanna Meshghali (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Siegal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Watts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Barniskis (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willie Mclaughlin (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Lopez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.longboatkeychamber.com

Where can I find the form 990 for Longboat Key Chamber Of Commerce Inc?

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


Official website here: www.longboatkeychamber.com

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

Mission Statement of Longboat Key Chamber Of Commerce Inc

Longboat Key Chamber of Commerce Inc is committed to fostering an environment that enhances business opportunities for its approximately 350 members. Their mission is twofold: firstly, they aim to maintain Longboat Key, Lido Key, and St. Armands Key as premier island communities. Secondly, they strive to promote these communities by offering networking events and other resources, thereby enhancing business opportunities for their members. In essence, the chamber serves as a bridge, connecting its members to potential business prospects and providing them with valuable resources to thrive in their respective industries.

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Impact




October, 2024

Longboat Key Chamber of Commerce Inc significantly impacts the local business landscape by creating an environment that enhances business opportunities for its members. With around 350 members, the Chamber focuses on fostering connections through networking events and other means of engagement, facilitating collaboration among businesses on Longboat Key, Lido Key, and St. Armands Key.

In promoting these areas as premier island communities, the Chamber not only supports economic growth but also helps maintain the distinctive character and appeal of the region. This commitment to community improvement positively influences local commerce, tourism, and overall quality of life, making the area more attractive to residents and visitors alike. Through its initiatives, the Chamber plays a crucial role in strengthening the community's economic foundation while preserving its unique charm.




This information is meant to be a general summary of Longboat Key Chamber Of Commerce 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
$247,966 (2023)
Expenses
$223,614 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $3,163
  • Program Service Revenue: $184,305
  • Gross Receipts: $267,232

Assets and Liabilities:

  • Total Assets: $276,455
  • Total Liabilities: $10,622
  • Net Assets: $265,833

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Programs

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

MEMBERSHIP DUES

Revenue

$108,934

COUNTY REIMBURSEMENTS

Revenue

$54,486

LUNCHEONS/MEETINGS

Revenue

$9,149

SPONSORSHIPS

Revenue

$7,500

Organization Details

Founding Year

1983

Principal Officer

Gail Loefgren

NTEE Category

Code: S41 - Community improvement

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