Waco Chamber Of Commerce

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

EIN: 740967440 ✦ Waco, TX ✦ Designated as a 501(c)(6)

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Overview

What is Waco Chamber Of Commerce?

Waco Chamber of Commerce is a nonprofit organization situated in the Greater Waco area. Committed to fostering business growth and future employment opportunities, they function as a business leadership entity with a focus on economic development and sustainability. Their primary objective is to enhance the region's appeal, thereby attracting businesses and ensuring a high-quality lifestyle for its inhabitants. The organization actively promotes commerce and economic development within Waco.


Official website here: www.wacochamber.com

Is Waco Chamber Of Commerce legitimate?

Waco Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Waco 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: $659,441
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wacochamber.com

What is the mission statement of Waco Chamber Of Commerce?

The Waco Chamber of Commerce's mission is centered around promoting commerce and economic development in the region. In essence, their goal is to prepare this unspecified region for the upcoming businesses and job opportunities, aiming to ensure a high-quality life for its inhabitants. Acting as a business leadership organization, the Waco Chamber is committed to fostering economic sustainability within the community.


Official website here: www.wacochamber.com

Who is the CEO of Waco Chamber Of Commerce?

Matthew Meadors is the CEO of Waco Chamber Of Commerce The CEO's salary of Waco Chamber Of Commerce is $271,057 and their total compensation is $271,057.


Official website here: www.wacochamber.com

What is the revenue of Waco Chamber Of Commerce?

Waco Chamber Of Commerce's revenue in 2023 was $4,276,316.


Official website here: www.wacochamber.com

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

The average compensation at Waco Chamber Of Commerce during 2023 was $32,972. There are 20 employees and 1000 volunteers at Waco Chamber Of Commerce.

Here are 9 key members and their salaries (Waco Chamber Of Commerce's CEO's salary is $271,057 and their total compensation is $271,057):


Jason Powers (Vp)
  • Compensation: $99,307
  • Related: $0
  • Other: $0
Philip Patterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Haferkamp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristina Collins (Vp)
  • Compensation: $178,244
  • Related: $0
  • Other: $0
Matthew Meadors (Ceo)
  • Compensation: $271,057
  • Related: $0
  • Other: $0
Seth Morris (Vp)
  • Compensation: $110,833
  • Related: $0
  • Other: $0
Todd Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kary Lalani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Chase (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wacochamber.com

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

Waco Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.wacochamber.com

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

Mission Statement of Waco Chamber Of Commerce

The Waco Chamber of Commerce, a distinguished business leadership organization, is dedicated to promoting commerce and environmental sustainability within the Greater Waco region. Its mission is multifaceted, encompassing the preparation of the area for the future's businesses and jobs, as well as striving to enhance the overall quality of life for the community. By focusing on economic development and sustainability, the Waco Chamber of Commerce seeks to create a thriving environment that attracts businesses and fosters growth.

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Impact




October, 2024

The Waco Chamber of Commerce plays a crucial role in promoting commerce and economic development within the Greater Waco region. Its mission focuses on preparing and marketing Waco to attract businesses and create jobs that enhance the community's quality of life. By serving as a business leadership organization, the Chamber fosters partnerships, supports local entrepreneurs, and advocates for sustainable practices that bolster the local economy.

The impact of the Waco Chamber of Commerce is evident in its efforts to create a vibrant business environment, which ultimately leads to increased job opportunities and economic growth. Through initiatives aimed at community improvement, the Chamber not only enhances the business landscape but also contributes to the overall well-being and prosperity of Waco residents. Its commitment to sustainable practices ensures that the region remains an appealing place for both current and prospective businesses, promoting a bright future for the community.




This information is meant to be a general summary of Waco 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
$4,276,316 (2023)
Expenses
$4,174,666 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $75,026
  • Program Service Revenue: $2,002,680
  • Gross Receipts: $4,276,316

Assets and Liabilities:

  • Total Assets: $3,119,544
  • Total Liabilities: $1,067,894
  • Net Assets: $2,051,650

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Programs

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

RESEARCH AND MARKETING

Revenue

$15,000

SPORTS & RECREATION

Revenue

$887,085

LEADERSHIP DEVELOPMENT

Revenue

$176,883

MEMBERSHIP SERVICES

Revenue

$443,524

WORKFORCE EDUCATION

Revenue

$238,318

Organization Details

Founding Year

1899

Principal Officer

Matthew Meadors

NTEE Category

Code: S41 - Community improvement

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