Overview
What is Petal Chamber Of Commerce?
The Petal Chamber of Commerce is a nonprofit organization situated in Petal, Mississippi. Committed to fostering local growth, it manages various expenses, such as advertising, office supplies, professional development, banquet costs, board meeting expenses, donations, telephone bills, insurance premiums, and subscription fees for publications and books. In addition, it incurs miscellaneous expenses. The Chamber actively engages its members through monthly meetings on the second Wednesday at noon, providing updates on events and items of interest. Its mission is to contribute positively to the Petal community.
Is Petal Chamber Of Commerce legitimate?
Petal Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Petal Chamber Of Commerce submitted a form 990EZ, 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.
What is the mission statement of Petal Chamber Of Commerce?
The Petal Chamber of Commerce does not explicitly state a mission statement in the provided information. However, it can be inferred that their primary focus is on supporting and facilitating the growth and development of local businesses. They accomplish this through various activities such as holding monthly meetings to share information and events, providing professional development opportunities, and undertaking expenses related to advertising, office supplies, and more. The Chamber also makes donations and contributes to publications and books, suggesting a commitment to community involvement. It's important to note that the mission statement, if one exists, may not be included in this specific data point.
Who is the CEO of Petal Chamber Of Commerce?
Valerie Wilson is the Executive Director of Petal Chamber Of Commerce.
What is the revenue of Petal Chamber Of Commerce?
Petal Chamber Of Commerce's revenue in 2023 was $126,266.
Who are the executives of Petal Chamber Of Commerce and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990EZ for Petal Chamber Of Commerce?
Petal Chamber Of Commerce's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Petal Chamber Of Commerce
The Petal Chamber of Commerce, as a organization, is dedicated to managing various expenses, including advertising, office supplies, professional development, banquet costs, board meeting expenses, charitable donations, telephone bills, and insurance premiums, among others. One of its primary activities involves hosting monthly meetings on the second Wednesday of every month at noon, providing members with updates and information about upcoming events. The Chamber's mission, in essence, is to support its members by offering opportunities for professional growth and networking, as well as fostering a positive business environment within the community.
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Impact
October, 2024
The Petal Chamber of Commerce plays a significant role in fostering a vibrant local economy and enhancing community engagement in Petal, MS. By organizing monthly meetings, it provides a platform for members to stay informed about important events and initiatives, facilitating collaboration among local businesses and stakeholders.
The Chamber’s efforts extend into various activities such as advertising and professional development, helping local enterprises to grow and thrive. These initiatives not only promote economic development but also enhance the overall quality of life in the community by attracting new businesses and supporting existing ones.
Through its series of events, including banquets and board meetings, the Petal Chamber also strengthens relationships among members, encourages networking opportunities, and fosters a sense of community. Additionally, the funds allocated for donations and other community-oriented programs demonstrate a commitment to community improvement, supporting local initiatives and enhancing the well-being of residents.
Overall, the impact of the Petal Chamber of Commerce is seen in the economic vitality, enhanced community spirit, and the ongoing development of Petal as a thriving destination for both residents and visitors.
This information is meant to be a general summary of Petal Chamber Of Commerce. 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 2023.
- Investment Income: $1,733
- Program Service Revenue: $52,482
- Gross Receipts: $126,266
Assets and Liabilities:
- Total Assets: $91,034
- Total Liabilities: $1,563
- Net Assets: $89,471
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Organization Details
Principal Officer
Valerie Wilson
Main Address
PO Box 421, Petal, MS, 39465
NTEE Category
Code: S30 - Community improvement
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