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Greater Tampa Chamber Of Commerce Foundation Inc

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

EIN: 593462329 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

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Overview

What is Greater Tampa Chamber Of Commerce Foundation Inc?

Greater Tampa Chamber Of Commerce Foundation Inc, established in 1971, is a nonprofit organization committed to fostering leadership and education within the Tampa community. Their primary mission is to support the Greater Tampa Chamber of Commerce by offering an intensive nine-month program. This program, known as Leadership Tampa, introduces its members to various aspects of the Tampa Bay community through educational sessions, tours, and candid conversations with influential local figures. By engaging up-and-coming leaders with the community's needs, the program aims to inspire active participation in building a better Tampa Bay. The Foundation's activities are centered around supporting the Chamber through leadership and educational initiatives.


Official website here: www.tampachamber.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating.

The Greater Tampa Chamber of Commerce Foundation Inc has achieved an impressive score of 96%, reflected in its Four-Star rating from Charity Navigator. This rating is based solely on accountability and finance, indicating the foundation's strong commitment to transparency and responsible financial practices. The organization shows excellence in key areas such as governance, with 80% of its board members being independent, and a clean record in the diversion of assets.

Strengths include a high program expense ratio of 79.52%, suggesting that a significant portion of its funding goes directly to its charitable programs rather than administrative costs. Additionally, the foundation scores full points in essential governance policies, including conflict of interest and whistleblower policies, which further enhance its accountability and trustworthiness. Its financial health is also illustrated by a low liabilities to assets ratio of 32.82%.

While the organization demonstrates remarkable strengths in financial management and governance, it is important for potential donors to consider how these financial metrics translate into community impact. Overall, the Greater Tampa Chamber of Commerce Foundation Inc presents itself as a well-managed and transparent nonprofit, making it a credible choice for supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Greater Tampa Chamber Of Commerce Foundation Inc legitimate?

Greater Tampa Chamber Of Commerce Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Tampa Chamber Of Commerce Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $411,192

For more financial information, click here


Official website here: www.tampachamber.com

What is the mission statement of Greater Tampa Chamber Of Commerce Foundation Inc?

The Greater Tampa Chamber of Commerce Foundation Inc's mission is centered around supporting the Greater Tampa Chamber of Commerce through leadership and educational programs. Since its inception in 1971, the foundation has been introducing its members to various aspects of the community through a comprehensive nine-month course. This program, known as Leadership Tampa, includes educational sessions, tours, and candid conversations with influential community members. The goal is to connect up-and-coming leaders with the needs of Tampa Bay, encouraging them to actively contribute to the betterment of the community upon graduation.


Official website here: www.tampachamber.com

Who is the CEO of Greater Tampa Chamber Of Commerce Foundation Inc?

Robert Rohrlack Jr is the Chair of Greater Tampa Chamber Of Commerce Foundation Inc.


Official website here: www.tampachamber.com

What is the revenue of Greater Tampa Chamber Of Commerce Foundation Inc?

Greater Tampa Chamber Of Commerce Foundation Inc's revenue in 2022 was $1,287,247.


Official website here: www.tampachamber.com

Who are the executives of Greater Tampa Chamber Of Commerce Foundation Inc and what are their salaries?

There 4 volunteers at Greater Tampa Chamber Of Commerce Foundation Inc.


Here are 5 key members and their salaries:


Andrew Mayts Esq (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Butler (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Adcock (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Rohrlack Jr (Secretary/President And Ce)
  • Compensation: $0
  • Related: $409,809
  • Other: $33,845
Drew Jenkins Esq (Legal Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tampachamber.com

Where can I find the form 990 for Greater Tampa Chamber Of Commerce Foundation Inc?

Greater Tampa Chamber Of Commerce Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tampachamber.com

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

Mission Statement of Greater Tampa Chamber Of Commerce Foundation Inc

Greater Tampa Chamber of Commerce Foundation Inc is committed to supporting the Greater Tampa Chamber of Commerce by providing leadership and educational programs. One of their primary initiatives is Leadership Tampa, an intensive nine-month course designed to introduce its members to various aspects of the Greater Tampa community. Participants engage in educational sessions, tours, and candid conversations with influential community members, aiming to connect up-and-coming leaders with the needs of the Tampa Bay area. Upon completion of the program, these individuals are inspired and equipped to contribute to building a better community. In essence, the Greater Tampa Chamber of Commerce Foundation Inc serves as a bridge between emerging leaders and the community, fostering growth and engagement.

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Impact




July, 2024

Greater Tampa Chamber Of Commerce Foundation Inc's impact is significant in supporting the Greater Tampa Chamber of Commerce through leadership and educational programs. Since 1971, Leadership Tampa has been introducing its class members to major facets of the Greater Tampa community through an intensive nine-month course. Founded by the Chamber, Leadership Tampa's members participate in educational sessions, tours, and candid conversations with influential members of the community. The program is designed to connect up-and-coming leaders with the needs of Tampa Bay so that upon graduation they are engaged in building a better community.




This information is meant to be a general summary of Greater Tampa Chamber Of Commerce Foundation 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
$1,287,247 (2022)
Expenses
$1,128,226 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,877
  • Program Service Revenue: $572,415
  • Gross Receipts: $1,287,247

Assets and Liabilities:

  • Total Assets: $1,543,560
  • Total Liabilities: $506,620
  • Net Assets: $1,036,940

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Programs

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

LEADERSHIP TAMPA REVEN

Revenue

$297,745

OTHER PROGRAM REVENUE

Revenue

$134,310

EMERGING LEADERS REVEN

Revenue

$97,270

ADMIN FEE LTA

Revenue

$42,000

COMPETITIVE EDGE REVEN

Revenue

$1,090

Organization Details

Founding Year

1997

Principal Officer

Robert Rohrlack Jr

Main Address

201 N FRANKLIN STREET 201, TAMPA, FL, 33602

NTEE Category

Code: B90 - Education

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