Overview
What is Red Oak Area Chamber Of Commerce?
The Red Oak Area Chamber of Commerce is a dedicated nonprofit organization situated in Red Oak, Texas. Its primary mission is to foster good business practices and catalyze new business prospects, ultimately contributing to the development of a prosperous future community. As part of its initiatives, the chamber provides scholarships to individuals. Acting as a civic entity, it plays a significant role in supporting local businesses and fostering growth within the region.
Is Red Oak Area Chamber Of Commerce legitimate?
Red Oak Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Red Oak Area Chamber Of Commerce submitted a form 990EZ, 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.
What is the mission statement of Red Oak Area Chamber Of Commerce?
The Red Oak Area Chamber of Commerce serves as a nonprofit organization, dedicated to fostering good business practices and facilitating new business prospects. Its primary aim is to contribute to the development of a prosperous community for the future. As part of its initiatives, the chamber offers scholarships to support its programs. Located in Red Oak, Texas, this organization is committed to strengthening the local business environment and fostering a thriving community.
Who is the CEO of Red Oak Area Chamber Of Commerce?
Clinton B Woodward Iii is the President of Red Oak Area Chamber Of Commerce.
What is the revenue of Red Oak Area Chamber Of Commerce?
Red Oak Area Chamber Of Commerce's revenue in 2022 was $115,687.
Who are the executives of Red Oak Area Chamber Of Commerce and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $56,795
- Related: $0
- Other: $0
- Compensation: $24,461
- Related: $0
- Other: $0
- Compensation: $294
- Related: $0
- Other: $0
Where can I find the form 990EZ for Red Oak Area Chamber Of Commerce?
Red Oak Area Chamber Of Commerce's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Red Oak Area Chamber Of Commerce
The Red Oak Area Chamber of Commerce serves as a nonprofit civic organization, dedicated to fostering positive business practices and encouraging the establishment of new business ventures. Its primary aim is to contribute to the development of a thriving community for tomorrow. As part of its initiatives, the chamber offers scholarships to support the education of individuals, thereby playing a crucial role in nurturing the next generation. The Red Oak Area Chamber of Commerce is not specified with a particular location in the provided information.
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Impact
October, 2024
The Red Oak Area Chamber of Commerce significantly impacts the local community by fostering a robust environment for business growth and development. By promoting good business practices, the chamber helps local enterprises thrive, which in turn boosts the economy. It actively cultivates new business opportunities, leading to job creation and increased services for residents.
Additionally, the chamber's commitment to education through the provision of scholarships supports the development of future leaders within the community. These initiatives are designed to empower individuals and enhance the overall quality of life in Red Oak. By focusing on both economic development and educational support, the chamber plays a vital role in shaping the future of the region.
This information is meant to be a general summary of Red Oak 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $55
- Program Service Revenue: $3,200
- Gross Receipts: $167,604
Assets and Liabilities:
- Total Assets: $26,644
- Total Liabilities: $33,035
- Net Assets: -$6,391
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Organization Details
Phone
(972) 617-0906Principal Officer
Clinton B Woodward Iii
Main Address
PO Box 2098, Red Oak, TX, 75154
NTEE Category
Code: S40 - Community improvement
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