Mineral Wells Area Chamber Of Commerce

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

EIN: 750440820 ✦ Mineral wells, TX ✦ Designated as a 501(c)(6)

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Overview

What is Mineral Wells Area Chamber Of Commerce?

The Mineral Wells Area Chamber of Commerce, situated in Mineral Wells, Texas, is a nonprofit organization committed to fostering economic growth, tourism, and leadership development in the city and its surrounding areas. They coordinate advertising and events to draw visitors and new businesses, while also offering resources and training to support local entrepreneurs. Their mission is to bolster the local economy and promote a thriving community through their efforts. The organization, with a team of four dedicated individuals, plays a vital role in attracting growth and development to Mineral Wells.


Official website here: www.mineralwellstx.com

What do the Facebook reviews say about Mineral Wells Area Chamber Of Commerce?

98% of 35 reviewers on Facebook recommend the Mineral Wells Area Chamber Of Commerce. Here is a summary of their reviews:

Overall, many participants express a strong appreciation for the Chamber's efforts in fostering economic development in the area. The sentiment leans positively towards their initiatives aimed at empowering local businesses and enhancing the community's overall economic landscape.

Reviewers emphasize the value of the Chamber's involvement in providing resources and support for growth. The consensus indicates that the organization is making a significant impact, which resonates well with both users and local businesses alike.


This AI summary has been generated from reviews found on Facebook.

Is Mineral Wells Area Chamber Of Commerce legitimate?

Mineral Wells Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mineral Wells Area 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: $273,955

For more financial information, click here


Official website here: www.mineralwellstx.com

What is the mission statement of Mineral Wells Area Chamber Of Commerce?

The Mineral Wells Area Chamber of Commerce is dedicated to fostering economic growth, tourism, and leadership development in its surrounding areas. The organization's mission is to coordinate advertising and events to attract visitors and new businesses, thereby contributing to the local economy. Furthermore, the chamber offers resources to support and train local business owners, aiming to enhance the business environment and community development.


Official website here: www.mineralwellstx.com

What is the revenue of Mineral Wells Area Chamber Of Commerce?

Mineral Wells Area Chamber Of Commerce's revenue in 2024 was $785,982.


Official website here: www.mineralwellstx.com

Who are the executives of Mineral Wells Area Chamber Of Commerce and what are their salaries?

The average compensation at Mineral Wells Area Chamber Of Commerce during 2024 was $39,136. There are 7 employees and 50 volunteers at Mineral Wells Area Chamber Of Commerce.

Here are 14 key members and their salaries:


Shawn Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Charles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Crenshaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikki Elms (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Huseman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cody Jordan (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angie Myrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Phenix (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Samples (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridget Shelton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melody Singleton (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cole Vaughan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Ann Wilson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridgett Worley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mineralwellstx.com

Where can I find the form 990 for Mineral Wells Area Chamber Of Commerce?

Mineral Wells Area Chamber Of Commerce's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.mineralwellstx.com

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

Mission Statement of Mineral Wells Area Chamber Of Commerce

The Mineral Wells Area Chamber of Commerce is dedicated to fostering economic growth, tourism, and leadership development in its vicinity. This nonprofit organization takes an active role in promoting the city of Mineral Wells, Texas, and its surrounding areas by coordinating advertising and events aimed at attracting visitors and new businesses. Beyond this, the chamber provides resources to support and train local business owners, contributing to the overall prosperity of the community.

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Impact




October, 2024

The Mineral Wells Area Chamber of Commerce significantly impacts economic growth, tourism, and leadership development in Mineral Wells, Texas, and its surrounding areas. By coordinating advertising and events, the Chamber attracts visitors and new businesses, fostering a vibrant local economy. Additionally, it provides essential resources and training for local business owners, empowering them to thrive and contribute to the community's development. This multifaceted approach not only enhances the business landscape but also promotes community improvement, making Mineral Wells a more attractive destination for both residents and tourists.




This information is meant to be a general summary of Mineral Wells Area 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
$785,982 (2024)
Expenses
$723,711 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $24,640
  • Program Service Revenue: $183,186
  • Gross Receipts: $1,162,054

Assets and Liabilities:

  • Total Assets: $993,281
  • Total Liabilities: $732
  • Net Assets: $992,549

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Programs

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

COMMUNITY EVENTS & MEMBR SUPP

Revenue

$183,186

Organization Details

Founding Year

1925

Principal Officer

Nikki Elms

NTEE Category

Code: S41 - Community improvement

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