Overview
What is Coastal Alabama Business Chamber Inc?
Coastal Alabama Business Chamber Inc, located in Gulf Shores, Alabama, is a esteemed nonprofit organization with a mission to foster business growth and community development. By uniting local businesses and the community, the chamber promotes quality advancements through member support, cooperation, and open communication. Their primary activity is the annual National Shrimp Festival, a celebration encompassing fine arts, crafts, music, and delectable food. This event significantly boosts the Gulf Shores/Orange Beach area's economy. With a team of 8 dedicated individuals, Coastal Alabama Business Chamber Inc plays a crucial role in enhancing the regional business landscape and overall community development.
Official website here: www.mygulfcoastchamber.com
Is Coastal Alabama Business Chamber Inc legitimate?
Coastal Alabama Business Chamber Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Coastal Alabama Business Chamber 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: $195,975
Professional Fundraising Fees: $0
Other Salaries and Wages: $267,960
For more financial information, click here
Official website here: www.mygulfcoastchamber.com
What is the mission statement of Coastal Alabama Business Chamber Inc?
The Coastal Alabama Business Chamber Inc has a mission to foster unity between businesses and the community, with the goal of promoting quality business growth and community development. This is achieved through member support, cooperation, and effective communication. The organization aims to serve as a catalyst for positive change, ultimately contributing to the overall prosperity of the business community and the well-being of the community as a whole. One of their notable initiatives is the National Shrimp Festival, which showcases fine arts, music, food, and crafts, thereby promoting and developing the local economy in the Gulf Shores/Orange Beach area.
Official website here: www.mygulfcoastchamber.com
Who is the CEO of Coastal Alabama Business Chamber Inc?
Kenneth G Alexander is the Ex-Officio of Coastal Alabama Business Chamber Inc. The CEO's salary of Coastal Alabama Business Chamber Inc is $124,404 and their total compensation is $128,050.
Official website here: www.mygulfcoastchamber.com
What is the revenue of Coastal Alabama Business Chamber Inc?
Coastal Alabama Business Chamber Inc's revenue in 2022 was $1,242,718.
Official website here: www.mygulfcoastchamber.com
Who are the executives of Coastal Alabama Business Chamber Inc and what are their salaries?
The average compensation at Coastal Alabama Business Chamber Inc during 2022 was $57,992. There are 8 employees and 750 volunteers at Coastal Alabama Business Chamber Inc.
Here are 23 key members and their salaries (Coastal Alabama Business Chamber Inc's CEO's salary is $124,404 and their total compensation is $128,050):
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- Compensation: $124,404
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Official website here: www.mygulfcoastchamber.com
Where can I find the form 990 for Coastal Alabama Business Chamber Inc?
Coastal Alabama Business Chamber Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mygulfcoastchamber.com
Learn more at the official website: www.mygulfcoastchamber.com
Mission Statement of Coastal Alabama Business Chamber Inc
Coastal Alabama Business Chamber Inc is dedicated to fostering a harmonious relationship between businesses and the community. Their mission is centered around promoting quality business growth and community development through member support, cooperation, and communication. They aim to unite various sectors, recognizing that a thriving business environment contributes positively to the overall well-being of the community.
The organization plays a significant role in the growth and development of the local economy. One of their most notable contributions is the annual National Shrimp Festival. This event is a celebration of art, music, and food, showcasing the finest aspects of the Gulf Shores/Orange Beach, Alabama area. The festival not only promotes the region but also has a substantial impact on the local economy, contributing to its overall development and prosperity.
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Impact
October, 2024
Coastal Alabama Business Chamber Inc plays a vital role in fostering economic growth and community development in the Gulf Shores and Orange Beach area. By uniting businesses and local residents, it creates a collaborative environment that enhances the overall quality of life and promotes sustainable business practices.
One of its hallmark initiatives is the National Shrimp Festival, a vibrant event that showcases fine arts, crafts, music, and regional cuisine. This festival not only celebrates local culture but also significantly boosts the local economy by attracting visitors and supporting local vendors and artists. The influx of tourists during the festival period injects critical revenue into the community, benefiting hotels, restaurants, and various service providers.
Through member support and effective communication, Coastal Alabama Business Chamber Inc strengthens the business community, encouraging cooperation that leads to innovative solutions and shared growth. This collaborative spirit enables businesses to thrive while contributing positively to the local landscape, ensuring Virginia remains a desirable place to live, work, and visit.
This information is meant to be a general summary of Coastal Alabama Business Chamber 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $391
- Program Service Revenue: $831,990
- Gross Receipts: $1,242,718
Assets and Liabilities:
- Total Assets: $437,995
- Total Liabilities: $681,494
- Net Assets: -$243,499
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NATIONAL SHRIMP FESTIV
Revenue
$599,298
MEMBERSHIP SERVICES
Revenue
$210,770
ZYDECO FESTIVAL
Revenue
$21,922
Organization Details
Founding Year
1981
Phone
(251) 968-4237Principal Officer
Kenneth G Alexander
Main Address
P O BOX 3869, GULF SHORES, AL, 36547
Website
www.mygulfcoastchamber.comNTEE Category
Code: S41 - Community improvement
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