Midland Chamber Of Commerce

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

EIN: 750436936 ✦ Midland, TX ✦ Designated as a 501(c)(6)

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Overview

What is Midland Chamber Of Commerce?

The Midland Chamber of Commerce, situated in Midland, Texas, serves as a vital hub for fostering business growth and success in the local community. Operating from 303 W WALL STREET SUITE 200, this nonprofit organization plays a significant role in promoting Midland as an appealing tourist destination. Its primary mission involves providing resources and services to its members, aiming to enhance their businesses and contribute to the community's overall prosperity. To achieve this, the Midland Chamber of Commerce operates a Convention and Visitors Bureau, working tirelessly to develop, promote, and support Midland as a vibrant tourist destination. With a workforce of 37 dedicated individuals, the chamber's reach extends beyond just business growth, as it also focuses on encouraging economic development in the region.


Official website here: www.midlandtxchamber.com

Is Midland Chamber Of Commerce legitimate?

Midland Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Midland 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,175,392

For more financial information, click here


Official website here: www.midlandtxchamber.com

What is the mission statement of Midland Chamber Of Commerce?

The Midland Chamber of Commerce serves a crucial role in promoting and fostering business growth and success for its members and the community at large. To accomplish this, they provide an array of resources and services. One of their significant initiatives involves operating a Convention and Visitors Bureau, which is aimed at encouraging economic growth by developing, promoting, enhancing, and supporting Midland as an attractive visitor destination. This multifaceted approach helps create a vibrant business environment, ultimately benefiting the local community.


Official website here: www.midlandtxchamber.com

Who is the CEO of Midland Chamber Of Commerce?

Robert Burns is the CEO of Midland Chamber Of Commerce The CEO's salary of Midland Chamber Of Commerce is $289,422 and their total compensation is $324,153.


Official website here: www.midlandtxchamber.com

What is the revenue of Midland Chamber Of Commerce?

Midland Chamber Of Commerce's revenue in 2023 was $2,511,521.


Official website here: www.midlandtxchamber.com

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

The average compensation at Midland Chamber Of Commerce during 2023 was $34,570. There are 34 employees and 100 volunteers at Midland Chamber Of Commerce.

Here are 14 key members and their salaries (Midland Chamber Of Commerce's CEO's salary is $289,422 and their total compensation is $324,153):


Abraham Gutierrez (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrian Carrasco (Vice Chair - Business Support)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Stubbs (Vice Chair - Promotion)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Mcallaster (Member At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cole Harrison (Vice Chair - Advocacy)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darin Wood (Vice Chair - Community Development)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Williamson (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larissa Minjarez (Member At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucy Sisniega-Hoyos (Vice Chair - Chamber Development)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Wicker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Burns (President, Ceo & Secretary)
  • Compensation: $289,422
  • Related: $0
  • Other: $34,731
Shaun Rainey (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wesley Bownds (Member At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Thomas (Executive Vp Administration)
  • Compensation: $121,058
  • Related: $0
  • Other: $14,527


Official website here: www.midlandtxchamber.com

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

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


Official website here: www.midlandtxchamber.com

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

Mission Statement of Midland Chamber Of Commerce

The Midland Chamber of Commerce is committed to providing resources and services that aim to foster and promote business growth and success for its members and the community at large. In pursuit of this mission, the chamber operates a Convention and Visitors Bureau, which plays a crucial role in encouraging economic growth by developing, promoting, enhancing, and supporting Midland as a vibrant visitor destination. By doing so, the Midland Chamber of Commerce contributes to the overall prosperity of the business community, creating opportunities for growth and success for its members.

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Impact




October, 2024

The Midland Chamber of Commerce plays a crucial role in promoting and fostering business growth and success in Midland, Texas. By providing resources and services tailored for its members and the wider community, the Chamber enhances the local economy and supports the development of businesses.

One of the key initiatives is the operation of a Convention and Visitors Bureau, which actively encourages economic growth by marketing Midland as a vibrant visitor destination. This not only attracts tourists but also benefits local businesses, creating a ripple effect that strengthens the overall economy.

Furthermore, the Chamber's focus on community improvement helps to create a supportive environment for entrepreneurs and established businesses alike. Through various programs and services, the Midland Chamber of Commerce serves as a catalyst for growth, collaboration, and innovation within the community, ultimately contributing to the prosperity and viability of Midland itself.




This information is meant to be a general summary of Midland 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
$2,511,521 (2023)
Expenses
$2,517,885 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,976,925
  • Gross Receipts: $2,511,521

Assets and Liabilities:

  • Total Assets: $982,372
  • Total Liabilities: $0
  • Net Assets: $982,372

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Programs

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

CONVENTION AND VISITOR

Revenue

$1,214,030

SPECIAL PROJECTS

Revenue

$731,395

MANAGEMENT FEES

Revenue

$31,500

Organization Details

Founding Year

1931

Principal Officer

Robert Burns

NTEE Category

Code: S41 - Community improvement

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