Galveston Regional Chamber Of Commerce

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

EIN: 740637580 ✦ Galveston, TX ✦ Designated as a 501(c)(6)

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Overview

What is Galveston Regional Chamber Of Commerce?

The Galveston Regional Chamber of Commerce is a vital nonprofit organization situated in Galveston, Texas. Its primary focus is to champion and advocate for local businesses, enhance the business environment, stimulate commercial activity, and engage in community development initiatives. The chamber serves as a platform for business interaction and networking, while also actively supporting the economic growth of Galveston. It provides various opportunities to facilitate communication among businesses and assists in addressing the region's developmental concerns.


Official website here: www.galvestonchamber.com

Is Galveston Regional Chamber Of Commerce legitimate?

Galveston Regional Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Galveston Regional 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: $177,089
Professional Fundraising Fees: $0
Other Salaries and Wages: $388,620

For more financial information, click here


Official website here: www.galvestonchamber.com

What is the mission statement of Galveston Regional Chamber Of Commerce?

The Galveston Regional Chamber of Commerce is committed to promoting and advocating for business growth. Its mission is to enhance the business environment, boost business activity, and address community development concerns. The chamber offers platforms for business communication and networking, aiming to further support the economic development in the area. It strives to improve the business climate by advocating for policies and initiatives that benefit businesses.


Official website here: www.galvestonchamber.com

Who is the CEO of Galveston Regional Chamber Of Commerce?

Gina Spagnola is the At Large of Galveston Regional Chamber Of Commerce. The CEO's salary of Galveston Regional Chamber Of Commerce is $177,089 and their total compensation is $186,612.


Official website here: www.galvestonchamber.com

What is the revenue of Galveston Regional Chamber Of Commerce?

Galveston Regional Chamber Of Commerce's revenue in 2022 was $1,199,163.


Official website here: www.galvestonchamber.com

Who are the executives of Galveston Regional Chamber Of Commerce and what are their salaries?

The average compensation at Galveston Regional Chamber Of Commerce during 2022 was $37,714. There are 15 employees at Galveston Regional Chamber Of Commerce.


Here are 10 key members and their salaries (Galveston Regional Chamber Of Commerce's CEO's salary is $177,089 and their total compensation is $186,612):


Fred Raschke (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cbbixrathburn (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Elliot (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vic Pierson (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Patton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Spangola (President And Ceo)
  • Compensation: $177,089
  • Related: $0
  • Other: $9,523
Howie Bentley (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrilyn Tarlton-Shannon (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Carnes (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Conner (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.galvestonchamber.com

Where can I find the form 990 for Galveston Regional Chamber Of Commerce?

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


Official website here: www.galvestonchamber.com

Learn more at the official website: www.galvestonchamber.com

Mission Statement of Galveston Regional Chamber Of Commerce

The Galveston Regional Chamber of Commerce is committed to promoting and advocating for businesses. Its mission is to enhance the business climate, stimulate business activity, and tackle community development concerns in the region. By doing so, the chamber provides a platform for effective business communication and networking opportunities, thereby supporting the economic growth of Galveston. The organization plays a crucial role in championing the interests of businesses, thereby contributing to the overall prosperity of the region.

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Impact




October, 2024

The Galveston Regional Chamber of Commerce plays a pivotal role in enhancing the business landscape of Galveston, Texas. By advocating for local businesses and fostering a supportive environment, it improves the overall business climate, leading to increased economic activity within the community. The Chamber serves as a vital connector, providing avenues for communication and networking that empower businesses to thrive. Additionally, it actively addresses community development issues, ensuring that the needs of the local economy are met. Through its initiatives, the Chamber not only supports individual businesses but also contributes to the overall growth and prosperity of Galveston.




This information is meant to be a general summary of Galveston Regional 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
$1,199,163 (2022)
Expenses
$940,667 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $799
  • Program Service Revenue: $695,710
  • Gross Receipts: $1,715,873

Assets and Liabilities:

  • Total Assets: $898,479
  • Total Liabilities: $117,623
  • Net Assets: $780,856

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Programs

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

MEMBERSHIP DUES

Revenue

$531,431

OTHER REVENUES

Revenue

$108,279

VISITOR CENTER RENTAL

Revenue

$35,000

ADVERTISING AND PUBLICATION SALES

Revenue

$21,000

Organization Details

Founding Year

1965

Principal Officer

Gina Spagnola

Main Address

2228 MECHANIC ST SUITE 101, GALVESTON, TX, 775501703

NTEE Category

Code: S41 - Community improvement

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