Frisco Chamber Of Commerce

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

EIN: 752149200 ✦ Frisco, TX ✦ Designated as a 501(c)(6)

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Overview

What is Frisco Chamber Of Commerce?

The Frisco Chamber of Commerce is a nonprofit organization situated in Frisco, Texas. With a team of nine dedicated individuals, its mission is to foster and strengthen the local business community. Through advocacy, resources, and connections, the chamber works tirelessly to protect and promote commerce, aiming to create a thriving economy. Their activities include hosting networking events, committees, membership meetings, and educational programs, all with the goal of empowering businesses towards success. The chamber also organizes events, such as the annual golf tournament, which offers local businesses an opportunity to build relationships within the community.


Official website here: www.friscochamber.com

Is Frisco Chamber Of Commerce legitimate?

Frisco Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Frisco 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: $181,402
Professional Fundraising Fees: $0
Other Salaries and Wages: $438,449

For more financial information, click here


Official website here: www.friscochamber.com

What is the mission statement of Frisco Chamber Of Commerce?

The Frisco Chamber of Commerce, being a voluntary organization composed of businesses and professionals, aims to foster a thriving commercial and civic community. It accomplishes this by advocating for businesses and leading in various sectors, such as networking events, committees, membership meetings, and educational programs. The chamber's primary objective is to support and empower businesses, ultimately contributing to a robust economy. Their guiding principle, as expressed in their mission, is to help their members succeed in their ventures.


Official website here: www.friscochamber.com

Who is the CEO of Frisco Chamber Of Commerce?

Anthony Felker is the Director of Frisco Chamber Of Commerce. The CEO's salary of Frisco Chamber Of Commerce is $166,450 and their total compensation is $181,402.


Official website here: www.friscochamber.com

What is the revenue of Frisco Chamber Of Commerce?

Frisco Chamber Of Commerce's revenue in 2022 was $1,630,790.


Official website here: www.friscochamber.com

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

The average compensation at Frisco Chamber Of Commerce during 2022 was $68,872. There are 9 employees and 25 volunteers at Frisco Chamber Of Commerce.


Here are 20 key members and their salaries (Frisco Chamber Of Commerce's CEO's salary is $166,450 and their total compensation is $181,402):


C John Scheef Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Newkirk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suad Bejtovic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Reiter (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Anderson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Lee (Director, At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Barber (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Burns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Nguyen Trinh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Wysong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Howell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Paterson Mcelhaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Sterling (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Miller (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wesley Randall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Lagan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Milo (Director, At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shanthi Rajaram (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Smilth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Tony Felker (President/Ceo)
  • Compensation: $166,450
  • Related: $0
  • Other: $14,952


Official website here: www.friscochamber.com

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

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


Official website here: www.friscochamber.com

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

Mission Statement of Frisco Chamber Of Commerce

The Frisco Chamber of Commerce, a voluntary organization, is driven by its members, primarily businesses and professionals, who unite with a shared purpose of fostering the civic and commercial community. This esteemed body strives to nurture robust businesses and bolster a thriving economy. It achieves this by actively advocating for business interests and providing leadership through initiatives such as networking events, committees, membership meetings, and educational programs. The Frisco Chamber of Commerce's mission is to empower the success of its members, aiming to create a prosperous and harmonious business environment.

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Impact




October, 2024

The Frisco Chamber of Commerce plays a crucial role in enhancing the local economy and fostering a strong business community. By advocating for commerce and providing valuable resources and connections, the Chamber empowers local businesses to thrive. Its initiatives, such as networking opportunities, committees, and educational programs, foster collaboration and knowledge-sharing among business professionals.

A notable highlight is the annual golf tournament, which not only generates significant revenue but also serves as a platform for local businesses to cultivate positive relationships within the community. With revenues totaling $59,040 and direct expenditures of $36,302, these events contribute to both the economic vitality of Frisco and the professional growth of its members.

Through its commitment to developing strong businesses and promoting a vibrant economy, the Frisco Chamber of Commerce actively supports its members in achieving success and collectively strengthening the community.




This information is meant to be a general summary of Frisco 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
$1,630,790 (2022)
Expenses
$1,345,987 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,313
  • Program Service Revenue: $611,716
  • Gross Receipts: $1,630,790

Assets and Liabilities:

  • Total Assets: $1,282,522
  • Total Liabilities: $152,688
  • Net Assets: $1,129,834

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Programs

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

PROGRAM EVENTS AND ACT

Revenue

$611,716

Organization Details

Founding Year

1970

Principal Officer

Anthony Felker

Main Address

6843 MAIN ST, FRISCO, TX, 75034

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