Overview
What is Baton Rouge Area Chamber?
Baton Rouge Area Chamber, abbreviated as BRAC, is a prominent nonprofit organization situated in Baton Rouge, Louisiana. Their primary mission is to foster economic growth and development in the nine-parish region. In 2022, they successfully secured $50 million in annual payroll from 1,500 permanent jobs and attracted $10 billion in capital expenditures, marking a significant achievement in their history. Their activities are geared towards leading the advancement of economic growth and improving the overall quality of life for the community and its members. BRAC's efforts encompass a variety of projects, resulting in the creation of numerous job opportunities and substantial investments in the local economy.
Official website here: www.brac.org
Is Baton Rouge Area Chamber legitimate?
Baton Rouge Area Chamber is a legitimate nonprofit organization registered as a 501(c)(6) entity. Baton Rouge Area Chamber 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: $1,442,420
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,507,801
For more financial information, click here
Official website here: www.brac.org
What is the mission statement of Baton Rouge Area Chamber?
The Baton Rouge Area Chamber, abbreviated as BRAC, is committed to providing leadership for the advancement of economic development. Their mission extends beyond just the chamber members, aiming to enhance the economic vitality and improve the quality of life for the entire community. In achieving this mission, BRAC secured significant investments in 2022, resulting in the creation of 1,500 permanent jobs and $50 million in new annual payroll, marking the highest number of project wins in their history. Furthermore, they contributed to $10 billion in capital expenditures, demonstrating their significant impact on the local economy.
Official website here: www.brac.org
Who is the CEO of Baton Rouge Area Chamber?
Ann Trapey is the Principal Officer of Baton Rouge Area Chamber. The CEO's salary of Baton Rouge Area Chamber is $360,262 and their total compensation is $399,478.
Official website here: www.brac.org
What is the revenue of Baton Rouge Area Chamber?
Baton Rouge Area Chamber's revenue in 2022 was $4,635,397.
Official website here: www.brac.org
Who are the executives of Baton Rouge Area Chamber and what are their salaries?
There 70 volunteers at Baton Rouge Area Chamber.
Here are 71 key members and their salaries (Baton Rouge Area Chamber's CEO's salary is $360,262 and their total compensation is $399,478):
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- Other: $13,280
Official website here: www.brac.org
Where can I find the form 990 for Baton Rouge Area Chamber?
Baton Rouge Area Chamber's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brac.org
Learn more at the official website: www.brac.org
Mission Statement of Baton Rouge Area Chamber
Baton Rouge Area Chamber, a leading organization, is committed to spearheading the enhancement of economic development in its nine-parish region. Its mission is multifaceted, aiming to foster economic vitality and enhance the overall quality of life for its members and the broader community. The Chamber strives to achieve this by providing guidance and leadership in various economic development initiatives.
In 2022, Baton Rouge Area Chamber demonstrated its commitment to this mission by securing significant milestones. The organization successfully attracted $50 million in new annual payroll, creating 1,500 permanent jobs. This marked a significant achievement, as it represented the highest number of project wins in the Chamber's history. Furthermore, Baton Rouge Area Chamber facilitated $10 billion in capital expenditures, further solidifying its role in driving economic growth and development within its jurisdiction.
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Impact
October, 2024
The Baton Rouge Area Chamber (BRAC) significantly drives economic advancement in the nine-parish region by leading initiatives that enhance economic vitality and quality of life. In 2022 alone, BRAC achieved remarkable milestones, securing $50 million in new annual payroll through the creation of 1,500 permanent jobs across 20 projects—marking the highest number of project wins in the organization's history. Additionally, these efforts catalyzed $10 billion in capital expenditures, showcasing a robust investment in the local economy. Through strategic leadership and community engagement, BRAC continues to foster growth, creating a more prosperous and thriving environment for businesses and residents alike.
This information is meant to be a general summary of Baton Rouge Area Chamber. 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: $26,459
- Program Service Revenue: $1,089,634
- Gross Receipts: $4,635,397
Assets and Liabilities:
- Total Assets: $5,498,620
- Total Liabilities: $8,988,447
- Net Assets: -$3,489,827
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STRATEGIC COMPETITIVEN
Revenue
$796,649
ECONOMIC DEVELOPMENT
Revenue
$292,985
Organization Details
Founding Year
1948
Phone
(225) 381-7125Principal Officer
Ann Trapey
Main Address
564 LAUREL STREET, BATON ROUGE, LA, 70801
Website
www.brac.orgNTEE Category
Code: S41 - Community improvement
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