Arab Chamber Of Commerce Inc

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

EIN: 630757819 ✦ Arab, AL ✦ Designated as a 501(c)(6)

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Overview

What is Arab Chamber Of Commerce Inc?

The Arab Chamber of Commerce Inc is a nonprofit organization committed to fostering unity, leadership, and direction within the business and community sectors. Their primary objective is to serve as a bridge, linking these two vital elements. The exact location or number of employees is not provided in the information, but their mission indicates a strong focus on promoting cooperation and guidance between businesses and communities.


Official website here: www.arab-chamber.org

Is Arab Chamber Of Commerce Inc legitimate?

Arab Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Arab 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,165

For more financial information, click here


Official website here: www.arab-chamber.org

What is the mission statement of Arab Chamber Of Commerce Inc?

The Arab Chamber of Commerce Inc's mission is to foster unity, assume a leadership role, and offer guidance to connect the business sector with the community. This organization serves to bridge the gap between the two, providing a unifying force and a clear path forward. By doing so, it aims to create a harmonious environment conducive to business growth and community development.


Official website here: www.arab-chamber.org

Who is the CEO of Arab Chamber Of Commerce Inc?

Kristy Thomas is the Chairperson of Arab Chamber Of Commerce Inc.


Official website here: www.arab-chamber.org

What is the revenue of Arab Chamber Of Commerce Inc?

Arab Chamber Of Commerce Inc's revenue in 2022 was $167,933.


Official website here: www.arab-chamber.org

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

The average compensation at Arab Chamber Of Commerce Inc during 2022 was $17,791. There are 4 employees at Arab Chamber Of Commerce Inc.


Here are 13 key members and their salaries:


Jynnah Mooney (Executive Di)
  • Compensation: $38,428
  • Related: $0
  • Other: $0
Hope Shirley Artiga (Board Memebe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Bales (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Bright (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Duncan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Gilreath (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Hayes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dianne Prestridge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Sierra (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Traci Stewart (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristy Thomas (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Washburn (Chairman Ele)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey White (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.arab-chamber.org

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

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


Official website here: www.arab-chamber.org

Learn more at the official website: www.arab-chamber.org

Mission Statement of Arab Chamber Of Commerce Inc

Arab Chamber of Commerce, as an organization, is committed to fostering unity, assuming a leadership role, and providing guidance to bridge the gap between business and the community. Its mission is to serve as a linking agent, promoting harmony and direction in the business world while also engaging with the community at large. This nonprofit aims to unite various business entities and encourage collaboration, thereby contributing to a cohesive and prosperous community.

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Impact




October, 2024

The Arab Chamber of Commerce Inc plays a crucial role in fostering economic development and community cohesion in Arab, Alabama. By providing unity, leadership, and direction, the Chamber effectively links businesses with the community, creating an environment that encourages collaboration and growth.

Through its initiatives, the Chamber enhances local economic opportunities, supports small businesses, and promotes networking among business owners. This interconnectedness not only strengthens the local economy but also improves community engagement, ensuring that businesses and residents work together towards common goals.

By championing community improvement, the Arab Chamber of Commerce Inc facilitates programs and events that bring people together, encouraging local patronage and boosting morale. Ultimately, its impact is felt through enhanced economic vitality, a sense of community belonging, and the promotion of a collaborative business environment.




This information is meant to be a general summary of Arab 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
$167,933 (2022)
Expenses
$159,389 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $38
  • Program Service Revenue: $121,895
  • Gross Receipts: $167,933

Assets and Liabilities:

  • Total Assets: $77,659
  • Total Liabilities: $1,089
  • Net Assets: $76,570

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Programs

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

MEMBERSHIP DUES & ASSESSMENTS

Revenue

$121,895

Organization Details

Founding Year

1956

Principal Officer

Kristy Thomas

Main Address

PO BOX 626, ARAB, AL, 35016

NTEE Category

Code: S41 - Community improvement

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