Palm Bay Area Chamber Of Commerce Inc

Greater Palm Bay Chamber Of Co

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

EIN: 592991587 ✦ Palm bay, FL ✦ Designated as a 501(c)(6)

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Overview

What is Palm Bay Area Chamber Of Commerce Inc?

Palm Bay Area Chamber of Commerce Inc, also known as Greater Palm Bay Chamber of Co, is a nonprofit organization situated in Palm Bay, Florida. With a mission to promote the overall well-being and prosperity of the community, they focus on economic, civic, commercial, cultural, and educational interests. Their activities encompass advocating for and serving as the trusted voice for the business community, with an emphasis on economic and commercial growth. The organization, which employs four individuals, aims to foster a thriving business landscape in the area.


Official website here: www.greaterpalmbaychamber.com

Is Palm Bay Area Chamber Of Commerce Inc legitimate?

Palm Bay Area Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Palm Bay Area 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: $98,513
Professional Fundraising Fees: $0
Other Salaries and Wages: $162,443

For more financial information, click here


Official website here: www.greaterpalmbaychamber.com

What is the mission statement of Palm Bay Area Chamber Of Commerce Inc?

The Palm Bay Area Chamber of Commerce Inc is dedicated to enhancing the overall well-being and success of its community. They aim to achieve this by employing various promotional strategies, focusing primarily on economic, civic, commercial, and educational interests. Their goal is to foster prosperity for the community's residents and businesses. They serve as a trusted advocate for the business community, providing necessary means to promote growth and development in these key areas.


Official website here: www.greaterpalmbaychamber.com

What is the revenue of Palm Bay Area Chamber Of Commerce Inc?

Palm Bay Area Chamber Of Commerce Inc's revenue in 2023 was $520,310.


Official website here: www.greaterpalmbaychamber.com

Who are the executives of Palm Bay Area Chamber Of Commerce Inc and what are their salaries?

The average compensation at Palm Bay Area Chamber Of Commerce Inc during 2023 was $52,191. There are 5 employees at Palm Bay Area Chamber Of Commerce Inc.

Here are 18 key members and their salaries:


Nancy Peltonen (President)
  • Compensation: $101,744
  • Related: $0
  • Other: $0
Clinton Hatcher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Rowlette (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Africano (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Kolleda (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Procise (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Graver (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Whitman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Moore (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Kuhn (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Stanley (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Miskow (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Fulmer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Jones (Incoming Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Tanner (Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chari Rigby (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lakesha Burr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greaterpalmbaychamber.com

Where can I find the form 990 for Palm Bay Area Chamber Of Commerce Inc?

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


Official website here: www.greaterpalmbaychamber.com

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

Mission Statement of Palm Bay Area Chamber Of Commerce Inc

The Palm Bay Area Chamber of Commerce Inc is committed to enhancing the overall well-being and prosperity of its community. With a focus on various aspects, the organization strives to promote economic, civil, commercial, and educational interests. By providing all necessary means of promotion, its primary goal is to ensure the success and growth of its citizens and businesses. The Chamber serves as a trusted advocate for the business community, advocating on their behalf and promoting their interests.

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Impact




October, 2024

The Palm Bay Area Chamber of Commerce Inc significantly contributes to the prosperity and well-being of the Palm Bay community by promoting economic growth and supporting local businesses. By fostering an environment conducive to commercial and industrial development, the Chamber enhances the region's overall economic health.

Through various initiatives, the Chamber advocates for the interests of its members and the broader business community, ensuring that local enterprises have the resources and support they need to thrive. It emphasizes educational and cultural opportunities, enriching the community's quality of life and ensuring that citizens have access to valuable information and connections.

Additionally, the Chamber plays a crucial role in community improvement, serving as a trusted voice that unites stakeholders around common goals. This collaborative approach not only stimulates business activity but also enhances civic engagement and strengthens community bonds, ultimately leading to a more prosperous Palm Bay for everyone involved.




This information is meant to be a general summary of Palm Bay Area 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
$520,310 (2023)
Expenses
$422,993 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $7,031
  • Program Service Revenue: $6,018
  • Gross Receipts: $520,310

Assets and Liabilities:

  • Total Assets: $283,309
  • Total Liabilities: $428
  • Net Assets: $282,881

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Programs

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

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Revenue

$4,058

Organization Details

Founding Year

1989

Principal Officer

Nancy Peltonen

NTEE Category

Code: S41 - Community improvement

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