Overview
What is Lubbock Chamber Of Commerce?
The Lubbock Chamber of Commerce is a prominent nonprofit organization situated in Lubbock, Texas, specifically at 1500 BROADWAY 101. Its primary objective is to foster business growth and community development in Lubbock and its surrounding areas. This is accomplished by promoting entrepreneurship and preserving a competitive business enterprise system. The organization, with a team of 18 dedicated individuals, plays a crucial role in driving the economic prosperity of the region, ensuring a thriving business landscape.
Official website here: www.lubbockchamber.com
Is Lubbock Chamber Of Commerce legitimate?
Lubbock Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lubbock 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: $268,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $622,694
For more financial information, click here
Official website here: www.lubbockchamber.com
What is the mission statement of Lubbock Chamber Of Commerce?
The Lubbock Chamber of Commerce serves a role in promoting business growth and community development in its vicinity. Its mission is to preserve the competitive business enterprise system, thereby fostering an environment conducive to thriving businesses. This organization actively works towards advancing business growth and development in the Lubbock area and its surroundings.
Official website here: www.lubbockchamber.com
What is the revenue of Lubbock Chamber Of Commerce?
Lubbock Chamber Of Commerce's revenue in 2023 was $1,972,411.
Official website here: www.lubbockchamber.com
Who are the executives of Lubbock Chamber Of Commerce and what are their salaries?
The average compensation at Lubbock Chamber Of Commerce during 2023 was $55,681. There are 16 employees and 300 volunteers at Lubbock Chamber Of Commerce.
Here are 34 key members and their salaries:
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Official website here: www.lubbockchamber.com
Where can I find the form 990 for Lubbock Chamber Of Commerce?
Lubbock Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lubbockchamber.com
Learn more at the official website: www.lubbockchamber.com
Mission Statement of Lubbock Chamber Of Commerce
The Lubbock Chamber of Commerce is dedicated to fostering the growth and development of businesses and the community in the Lubbock area. Its mission is to preserve the competitive business enterprise system by promoting business expansion and development. This nonprofit organization works tirelessly to ensure the prosperity of the local business environment, contributing to the overall growth and development of the community.
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Impact
October, 2024
The Lubbock Chamber of Commerce significantly impacts the local economy and community by fostering business development and growth in Lubbock and its surrounding areas. By promoting a competitive business environment, it helps to attract new enterprises and support existing ones, which in turn creates job opportunities and drives economic expansion.
The Chamber engages in various activities that facilitate networking, advocacy, and education among local businesses. Through events, workshops, and promotional efforts, it enhances community engagement and encourages collaboration among members, resulting in a vibrant business ecosystem. Additionally, its commitment to community improvement ensures that economic growth goes hand in hand with the overall development and well-being of the region, making Lubbock a more attractive place to live and work.
Ultimately, the Lubbock Chamber of Commerce serves as a vital resource for promoting a thriving business climate while supporting community initiatives, contributing to the prosperity and sustainability of the area.
This information is meant to be a general summary of Lubbock 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $13,084
- Program Service Revenue: $807,350
- Gross Receipts: $1,972,411
Assets and Liabilities:
- Total Assets: $1,521,683
- Total Liabilities: $418,326
- Net Assets: $1,103,357
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AG AND NATURAL RESOURCES
Revenue
$50,035
BUSINESS DEVELOPMENT
Revenue
$289,473
COMMUNICATIONS DIVISION
Revenue
$64,933
COMMUNITY RELATIONS
Revenue
$292,735
GOVERNMENT RELATIONS
Revenue
$62,074
Organization Details
Founding Year
1921
Principal Officer
Robert Wood
Website
www.lubbockchamber.comNTEE Category
Code: S41 - Community improvement
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