Overview
What is South Oklahoma City Chamber?
South Oklahoma City Chamber is a nonprofit organization that actively promotes local business growth and community development. They achieve this by organizing various service programs, including the Artsfestival and business development initiatives. Their primary mission is to boost commerce within the area, contributing positively to the local economy.
Is South Oklahoma City Chamber legitimate?
South Oklahoma City Chamber is a legitimate nonprofit organization registered as a 501(c)(6) entity. South Oklahoma City 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: $0
Professional Fundraising Fees: $57,763
Other Salaries and Wages: $317,044
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What is the mission statement of South Oklahoma City Chamber?
The South Oklahoma City Chamber's mission is centered around fostering local commerce. They accomplish this through a variety of community service programs, with initiatives such as Artsfestival and business development playing significant roles. The Chamber's activities are geared towards enhancing the local business environment and contributing positively to the community.
What is the revenue of South Oklahoma City Chamber?
South Oklahoma City Chamber's revenue in 2023 was $707,627.
Who are the executives of South Oklahoma City Chamber and what are their salaries?
The average compensation at South Oklahoma City Chamber during 2023 was $45,292. There are 7 employees at South Oklahoma City Chamber.
There is 1 key member and their salary:
- Compensation: $97,000
- Related: $0
- Other: $0
Where can I find the form 990 for South Oklahoma City Chamber?
South Oklahoma City Chamber's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of South Oklahoma City Chamber
The South Oklahoma City Chamber, as a chamber of commerce, is actively involved in promoting local commerce within its community. It accomplishes this by participating in various community service programs and initiatives, such as Artsfestival and business development. Through these efforts, the Chamber aims to foster a thriving economic environment and contribute to the overall well-being of the community. By engaging in these community service programs, the South Oklahoma City Chamber seeks to strengthen the local business sector and enhance the quality of life for its residents.
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Impact
October, 2024
The South Oklahoma City Chamber significantly impacts the local economy by promoting commerce and supporting community development initiatives. Through its various programs, such as the Artsfestival, the Chamber fosters a vibrant community atmosphere that attracts residents and visitors alike. By focusing on business development, it aids in creating a robust environment for local businesses to thrive, ultimately enhancing job opportunities and economic growth in the region. This effort not only improves the economic landscape but also strengthens community ties and promotes cultural engagement among residents.
This information is meant to be a general summary of South Oklahoma City 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 2023.
- Investment Income: $3,491
- Program Service Revenue: $73,504
- Gross Receipts: $727,960
Assets and Liabilities:
- Total Assets: $495,926
- Total Liabilities: $2,978
- Net Assets: $492,948
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$73,504
Organization Details
Founding Year
1930
Principal Officer
Elaine Lyons
NTEE Category
Code: S41 - Community improvement
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