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Loudon Co Chamber Of Commerceinc

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

EIN: 621356750 ✦ Loudon, TN ✦ Designated as a 501(c)(6)

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Overview

What is Loudon Co Chamber Of Commerceinc?

The Loudon Co Chamber of Commerceinc, located at 410 Wharf Street, Loudon, Tennessee 37774, is a nonprofit organization with a mission to elevate Loudon County as an attractive and thriving business environment. They achieve this goal by actively engaging their member base and organizing various promotional activities, thereby casting a positive light on business activities in the region. With a dedicated workforce of 7 individuals, the Loudon Co Chamber of Commerceinc plays a significant role in fostering a conducive business climate within Loudon County.


Official website here: www.loudoncountychamber.com

Is Loudon Co Chamber Of Commerceinc legitimate?

Loudon Co Chamber Of Commerceinc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Loudon Co Chamber Of Commerceinc 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: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,985

For more financial information, click here


Official website here: www.loudoncountychamber.com

What is the mission statement of Loudon Co Chamber Of Commerceinc?

The Loudon Co Chamber of Commerceinc's mission is centered around promoting Loudon County as an ideal business environment. They accomplish this by engaging their general membership and organizing various activities that showcase business activities in a positive light. This endeavor aims to make Loudon County an attractive location for businesses to establish and operate.


Official website here: www.loudoncountychamber.com

Who is the CEO of Loudon Co Chamber Of Commerceinc?

Rodney Grugin is the Board Member of Loudon Co Chamber Of Commerceinc.


Official website here: www.loudoncountychamber.com

What is the revenue of Loudon Co Chamber Of Commerceinc?

Loudon Co Chamber Of Commerceinc's revenue in 2022 was $1,838,182.


Official website here: www.loudoncountychamber.com

Who are the executives of Loudon Co Chamber Of Commerceinc and what are their salaries?

The average compensation at Loudon Co Chamber Of Commerceinc during 2022 was $27,284. There are 7 employees at Loudon Co Chamber Of Commerceinc.


Here are 2 key members and their salaries:


Boards Of Directors Attached (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Grugin (Chamber Exec)
  • Compensation: $75,000
  • Related: $0
  • Other: $0


Official website here: www.loudoncountychamber.com

Where can I find the form 990 for Loudon Co Chamber Of Commerceinc?

Loudon Co Chamber Of Commerceinc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.loudoncountychamber.com

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

Mission Statement of Loudon Co Chamber Of Commerceinc

Loudon Co Chamber Of Commerceinc is an organization dedicated to promoting Loudon County as an attractive business environment. The mission of this nonprofit is to carry out activities that highlight Loudon County as an ideal location for conducting business. This is achieved by leveraging the collective power of its general membership to project business activities in a positive light. By participating in various promotional activities, Loudon Co Chamber Of Commerceinc strives to establish Loudon County as a desirable business hub.

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Impact




October, 2024

Loudon Co Chamber of Commerce Inc significantly enhances the business landscape in Loudon County by actively promoting the area as a desirable place for conducting business. Through various initiatives and activities, the Chamber works to highlight the benefits of the local environment, attracting new businesses and supporting existing ones. By fostering a positive image of Loudon County, the Chamber not only aids in economic development but also contributes to community improvement, creating a more vibrant and prosperous atmosphere for residents and entrepreneurs alike. Their efforts help to establish a strong network among business members, encouraging collaboration and growth within the local economy.




This information is meant to be a general summary of Loudon Co Chamber Of Commerceinc. 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
$1,838,182 (2022)
Expenses
$609,642 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $735,818
  • Program Service Revenue: $76,926
  • Gross Receipts: $2,038,890

Assets and Liabilities:

  • Total Assets: $1,726,015
  • Total Liabilities: $2,935
  • Net Assets: $1,723,080

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Programs

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

CITY OF LOUDON COORDINATOR IN

Revenue

$23,333

HISTORIC DOWNTOWN LC MERCHANT

Revenue

$16,871

LIVING GUIDE INCOME

Revenue

$14,000

NON-PROFIT RENTAL

Revenue

$7,340

NON DUES

Revenue

$6,924

Organization Details

Founding Year

1988

Principal Officer

Rodney Grugin

Main Address

410 WHARF STREET, LOUDON, TN, 377741203

NTEE Category

Code: S41 - Community improvement

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