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Cotton Exchange Merchants Assoc Inc

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

EIN: 753144803 ✦ Wilmington, NC ✦ Designated as a 501(c)(6)

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Overview

What is Cotton Exchange Merchants Assoc Inc?

Cotton Exchange Merchants Assoc Inc is a nonprofit organization committed to promoting and advertising its local community. They achieve this through various means such as brochures, radio, television, billboards, directories, maps, the internet, special events, and other forms. By utilizing these platforms, the organization effectively showcases and celebrates the community, fostering a sense of unity and pride among its residents.


Official website here: www.shopcottonexchange.com

What do the Facebook reviews say about Cotton Exchange Merchants Assoc Inc?

92% of 437 reviewers on Facebook endorse the Cotton Exchange Merchants Association. Here is a summary of their reviews:

The overall sentiment towards the organization leans positively, with many visitors appreciating the experience it offers. While some users express disappointment due to a perceived decline in the variety of shops available for browsing, others highlight positive experiences at specific vendors, such as White Lake Wicks, indicating that there are still enjoyable elements to discover.

Despite a few criticisms regarding the selection of shops, the recommendation rate suggests that many patrons find value in their visits to the Cotton Exchange. Overall, this nonprofit appears to have successfully engaged supporters, although there may be room for improvement in expanding the variety of retail options.


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

Is Cotton Exchange Merchants Assoc Inc legitimate?

Cotton Exchange Merchants Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cotton Exchange Merchants Assoc Inc 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.


Official website here: www.shopcottonexchange.com

What is the mission statement of Cotton Exchange Merchants Assoc Inc?

Cotton Exchange Merchants Assoc Inc's mission involves promoting their local community. They achieve this through various means such as brochures, radio and television broadcasts, billboards, directories, maps, the internet, and organizing special events. They utilize multiple platforms to showcase and advertise their community, aiming to increase its visibility and appeal.


Official website here: www.shopcottonexchange.com

Who is the CEO of Cotton Exchange Merchants Assoc Inc?

Heather Meyers is the President of Cotton Exchange Merchants Assoc Inc.


Official website here: www.shopcottonexchange.com

What is the revenue of Cotton Exchange Merchants Assoc Inc?

Cotton Exchange Merchants Assoc Inc's revenue in 2022 was $57,066.


Official website here: www.shopcottonexchange.com

Who are the executives of Cotton Exchange Merchants Assoc Inc and what are their salaries?


Here are 3 key members and their salaries:


Heather Meyers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gavin Meyers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlo Hitriz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shopcottonexchange.com

Where can I find the form 990EZ for Cotton Exchange Merchants Assoc Inc?

Cotton Exchange Merchants Assoc Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.shopcottonexchange.com

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

Mission Statement of Cotton Exchange Merchants Assoc Inc

The Cotton Exchange Merchants Association Inc is committed to promoting and advertising its local community. This is achieved through various mediums such as brochures, radio broadcasts, television programs, billboards, directories, maps, the internet, and special events. The organization utilizes these platforms to showcase and elevate the community, ensuring its visibility and recognition. By employing a multifaceted approach, the Cotton Exchange Merchants Association Inc is able to reach a wide audience, fostering a sense of pride and engagement within the community.

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Impact




October, 2024

Cotton Exchange Merchants Assoc Inc plays a significant role in enhancing the local economy and community identity in Wilmington, NC. By actively promoting the area through a variety of channels—including brochures, radio, television, billboards, directories, maps, and the internet—this organization raises awareness of local businesses and attractions, driving foot traffic and tourism. Their commitment to special events further fosters community engagement and strengthens local relationships.

The association's focused advertising efforts not only showcase Wilmington's unique offerings but also contribute to a thriving local marketplace, encouraging residents and visitors alike to support local merchants. This promotion of community resources cultivates a sense of belonging and pride among residents, ultimately enhancing the overall quality of life in the area. Through these initiatives, Cotton Exchange Merchants Assoc Inc effectively contributes to the improvement and sustainability of the Wilmington community.




This information is meant to be a general summary of Cotton Exchange Merchants Assoc Inc. 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
$57,066 (2022)
Expenses
$57,646 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $57,066

Assets and Liabilities:

  • Total Assets: $1,592
  • Total Liabilities: $4,942
  • Net Assets: -$3,350

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Organization Details

Principal Officer

Heather Meyers

Main Address

321 North Front Street, Wilmington, NC, 28401

NTEE Category

Code: S41 - Community improvement

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