Overview
What is Greater Bentonville Area Chamber Of Commerce?
The Greater Bentonville Area Chamber of Commerce is a nonprofit organization situated in Bentonville, Arkansas, specifically at 702 E 5th Street Suite 40. Their primary objective is to offer leadership and business development services to the local business community. Throughout 2022, they engaged with a substantial number of members and the community, hosting 35 key events that attracted 1,666 new members and 1,114 existing ones. Their digital presence was also prominent, with over 2.5 million social media impressions and an average monthly audience of over 20,000. Their signature events, such as the NWA Businesswomen's Conference and NWA Tech Summit, showcased their commitment to inclusivity, with a majority of vendors and speakers being women or persons of color. In terms of economic development, they contacted over 300 companies, engaged with numerous entrepreneurs and capital sources, and performed over 300 discovery meetings. The Chamber's dedication to its mission culminated in an impressive 85% membership retention rate and an average Net Promoter Score (NPS) of 9.3. With a team of 12 dedicated employees, the Greater Bentonville Area Chamber of Commerce continues to play a significant role in fostering business growth and development in the region.
Official website here: www.greaterbentonville.com
Is Greater Bentonville Area Chamber Of Commerce legitimate?
Greater Bentonville Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Greater Bentonville Area Chamber Of Commerce 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
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Other Salaries and Wages: $641,623
For more financial information, click here
Official website here: www.greaterbentonville.com
What is the mission statement of Greater Bentonville Area Chamber Of Commerce?
The Greater Bentonville Area Chamber of Commerce is dedicated to providing leadership and business development services to the local business community. Their mission is to support and foster growth within the business community, aiming to engage a significant number of members and the community at large. During 2022, they managed to attract over 166 new members, engage with more than 1,114 total members, and generate over 2.5 million social media impressions. Their activities include organizing key events, fostering member and community engagement, and maintaining a high membership retention rate. The chamber also places significant emphasis on promoting diversity, as demonstrated by their efforts at the NWA Businesswomen's Conference, where 85% of the vendors were women or persons of color.
Official website here: www.greaterbentonville.com
Who is the CEO of Greater Bentonville Area Chamber Of Commerce?
Bill Akins is the Chair of Greater Bentonville Area Chamber Of Commerce. The CEO's salary of Greater Bentonville Area Chamber Of Commerce is $129,859 and their total compensation is $129,859.
Official website here: www.greaterbentonville.com
What is the revenue of Greater Bentonville Area Chamber Of Commerce?
Greater Bentonville Area Chamber Of Commerce's revenue in 2022 was $1,395,344.
Official website here: www.greaterbentonville.com
Who are the executives of Greater Bentonville Area Chamber Of Commerce and what are their salaries?
The average compensation at Greater Bentonville Area Chamber Of Commerce during 2022 was $53,469. There are 12 employees at Greater Bentonville Area Chamber Of Commerce.
Here are 17 key members and their salaries (Greater Bentonville Area Chamber Of Commerce's CEO's salary is $129,859 and their total compensation is $129,859):
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Official website here: www.greaterbentonville.com
Where can I find the form 990 for Greater Bentonville Area Chamber Of Commerce?
Greater Bentonville Area Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greaterbentonville.com
Learn more at the official website: www.greaterbentonville.com
Mission Statement of Greater Bentonville Area Chamber Of Commerce
The Greater Bentonville Area Chamber of Commerce is committed to providing leadership and business development services to the business community in its surrounding area. Its mission is to actively engage with and support local businesses, fostering a thriving business environment. Throughout 2022, the Chamber conducted a series of events and programs, attracting over 1,600 registered attendees to its key events and welcoming 166 new members. The organization's digital reach extended to more than 2.5 million social media impressions and maintained an average monthly social media audience of over 20,000. Furthermore, the Chamber engaged with over 5,000 unique inboxes via direct digital contact. These statistics demonstrate the Chamber's dedication to promoting and strengthening the business community it serves.
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Impact
October, 2024
The Greater Bentonville Area Chamber of Commerce plays a crucial role in fostering economic growth and community engagement in Bentonville and its surrounding areas. By providing leadership and business development services, the Chamber effectively supports local businesses, helping them to thrive in a competitive environment.
In 2022 alone, the Chamber engaged over 1,600 attendees across 35 key events, showcasing its commitment to connecting members and the broader community. The addition of 166 new members to the Chamber’s ranks has brought the total membership to 1,114, creating a robust network of businesses dedicated to mutual growth.
The Chamber's impactful outreach is evident in its digital engagement, with over 2.5 million social media impressions and an average audience of more than 20,000 people monthly. This strong online presence enables effective communication with over 5,000 unique contacts, ensuring that vital information reaches stakeholders efficiently. The high membership Net Promoter Score (NPS) of 9.3 and an impressive retention rate of 85% indicate strong member satisfaction and loyalty.
Signature events like the NWA Businesswomen's Conference and the NWA Tech Summit have not only attracted significant attendance but also emphasized diversity, with a notable number of vendors being women or persons of color. These gatherings foster networking and collaboration, further enriching the local business environment.
On the economic development front, the Chamber's efforts have led to contacting 346 companies and successfully landing 29, which speaks to its effectiveness in attracting new businesses to the area. Additionally, the engagement with entrepreneurs and capital sources demonstrates a proactive approach to nurturing innovation and supporting local startups.
In summary, the Greater Bentonville Area Chamber of Commerce is instrumental in enhancing the economic landscape, promoting community improvement, and facilitating robust engagement among local businesses.
This information is meant to be a general summary of Greater Bentonville Area 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 2022.
- Program Service Revenue: $1,395,344
- Gross Receipts: $1,395,344
Assets and Liabilities:
- Total Assets: $1,332,705
- Total Liabilities: $366,049
- Net Assets: $966,656
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHAMBER PROGRAMS
Revenue
$868,795
MEMBERSHIP DUES
Revenue
$439,109
ECONOMIC DEVELOPMENT
Revenue
$48,000
DIRECTORY/ADVERTISING
Revenue
$28,266
MISCELLANEOUS REVENUE
Revenue
$11,174
Organization Details
Founding Year
1962
Phone
(479) 273-2841Principal Officer
Bill Akins
Main Address
702 E 5TH STREET SUITE 40, BENTONVILLE, AR, 72712
Website
www.greaterbentonville.comNTEE Category
Code: S41 - Community improvement
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