Conway Area Chamber Of Commerce

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

EIN: 710037470 ✦ Conway, AR ✦ Designated as a 501(c)(6)

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Overview

What is Conway Area Chamber Of Commerce?

The Conway Area Chamber of Commerce is a nonprofit organization situated in Conway, Arkansas. Its primary objective is to foster sustainable economic growth within the community by advocating for a favorable business environment for its members. The organization takes pride in supporting Conway's educational institutions and works collaboratively to shape the community's vision. One of its key missions is to promote local businesses in the city by showcasing and endorsing the services and products offered by its member organizations.


Official website here: www.conwayarkansas.org

Is Conway Area Chamber Of Commerce legitimate?

Conway Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Conway 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $706,281

For more financial information, click here


Official website here: www.conwayarkansas.org

What is the mission statement of Conway Area Chamber Of Commerce?

The Conway Area Chamber of Commerce's mission is centered around promoting local businesses within its organization. In doing so, they aim to foster a favorable business climate, leverage the city's educational resources, and contribute to the community's vision of sustainable economic growth. The chamber serves as a leader in advocating for its member businesses and works towards establishing a prosperous business environment.


Official website here: www.conwayarkansas.org

Who is the CEO of Conway Area Chamber Of Commerce?

Brad Lacy is the Past Chair of Conway Area Chamber Of Commerce.


Official website here: www.conwayarkansas.org

What is the revenue of Conway Area Chamber Of Commerce?

Conway Area Chamber Of Commerce's revenue in 2022 was $1,871,746.


Official website here: www.conwayarkansas.org

Who are the executives of Conway Area Chamber Of Commerce and what are their salaries?

The average compensation at Conway Area Chamber Of Commerce during 2022 was $41,546. There are 17 employees and 100 volunteers at Conway Area Chamber Of Commerce.


Here are 9 key members and their salaries:


Pete Tanguay (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cate Mcconnell (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Lacy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Gainor (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Korry Garrett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Henderson (Chief Revenue Officer)
  • Compensation: $195,458
  • Related: $0
  • Other: $0
John-Lewis J Gates (Executive Vice President)
  • Compensation: $184,441
  • Related: $0
  • Other: $0
Leo Cummings (Director Of Sales & Member)
  • Compensation: $121,407
  • Related: $0
  • Other: $0
Corey Parks (Vice-Pres Of Economic Deve)
  • Compensation: $136,525
  • Related: $0
  • Other: $0


Official website here: www.conwayarkansas.org

Where can I find the form 990 for Conway Area Chamber Of Commerce?

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


Official website here: www.conwayarkansas.org

Learn more at the official website: www.conwayarkansas.org

Mission Statement of Conway Area Chamber Of Commerce

The Conway Area Chamber of Commerce is committed to three primary objectives. Firstly, it aims to boost the local businesses in Conway, Arkansas, which are its members, by promoting them within the community. Secondly, the organization works towards establishing a favorable business environment for its members. Lastly, the Conway Area Chamber of Commerce contributes to the city's educational foundations and collaborates in setting and executing the community's vision for sustainable economic growth.

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Impact




October, 2024

The Conway Area Chamber of Commerce plays a vital role in promoting the local economy and enhancing the business landscape in Conway, Arkansas. By advocating for a pro-business environment, it supports sustainable economic growth and helps local businesses thrive. The Chamber’s initiatives focus on building strong community ties and fostering collaboration among its members, which leads to a more vibrant business community.

Additionally, the Chamber works to strengthen Conway's educational foundations, ensuring that workforce development aligns with the needs of local industries. This focus not only benefits current businesses but also attracts new investments, creating job opportunities and advancing the community’s overall prosperity. Through its efforts, the Conway Area Chamber of Commerce helps establish and execute a shared vision for the future, driving positive changes and improvements throughout the region.




This information is meant to be a general summary of Conway 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.

Revenue
$1,871,746 (2022)
Expenses
$1,844,920 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,604
  • Program Service Revenue: $1,189,024
  • Gross Receipts: $1,871,746

Assets and Liabilities:

  • Total Assets: $1,655,208
  • Total Liabilities: $111,482
  • Net Assets: $1,543,726

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Programs

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

SPECIAL PROJECTS

Revenue

$1,189,024

Organization Details

Founding Year

1927

Principal Officer

Brad Lacy

Main Address

900 OAK STREET, CONWAY, AR, 72032

NTEE Category

Code: S41 - Community improvement

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