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Town Of Los Gatos Chamber Of Commerce

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

EIN: 770516842 ✦ Los gatos, CA ✦ Designated as a 501(c)(6)

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Overview

What is Town Of Los Gatos Chamber Of Commerce?

The Town of Los Gatos Chamber of Commerce is a nonprofit organization situated in Los Gatos, California. Its primary role is to foster and strengthen the local business community by providing support. This support encompasses various aspects, including advocating for the interests of its members and promoting a thriving business environment within Los Gatos. The organization serves as a platform for networking and collaboration among local businesses, thereby contributing to the overall economic growth and development of the town.


Official website here: www.losgatosweb.com

Is Town Of Los Gatos Chamber Of Commerce legitimate?

Town Of Los Gatos Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Town Of Los Gatos 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: $77,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,098

For more financial information, click here


Official website here: www.losgatosweb.com

What is the mission statement of Town Of Los Gatos Chamber Of Commerce?

The Town of Los Gatos Chamber of Commerce, acting as a trade or professional association, is committed to supporting the local business community. Their mission is centered around fostering and enhancing the economic growth and success of businesses within the community. By providing resources, networking opportunities, and advocacy, they aim to create a thriving business environment. Their activities are geared towards promoting the interests of their member businesses and fostering a sense of unity and collaboration within the business community.


Official website here: www.losgatosweb.com

Who is the CEO of Town Of Los Gatos Chamber Of Commerce?

Jim Foley is the President of Town Of Los Gatos Chamber Of Commerce.


Official website here: www.losgatosweb.com

What is the revenue of Town Of Los Gatos Chamber Of Commerce?

Town Of Los Gatos Chamber Of Commerce's revenue in 2023 was $345,506.


Official website here: www.losgatosweb.com

Who are the executives of Town Of Los Gatos Chamber Of Commerce and what are their salaries?

The average compensation at Town Of Los Gatos Chamber Of Commerce during 2023 was $43,699. There are 3 employees and 14 volunteers at Town Of Los Gatos Chamber Of Commerce.


Here are 17 key members and their salaries:


Catherine Somers (Past Exc Dir/ Secretary)
  • Compensation: $77,000
  • Related: $0
  • Other: $0
Jonathan Cowan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Romano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lambert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Foley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Welzenbach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cleve Dayton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Berasconi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Farwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Tinsley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Southwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Pirzynski (Commitee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Lin (Exe Dir/Secreta)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Von Kaenel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramon Ware (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Youkilis (Commitee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.losgatosweb.com

Where can I find the form 990 for Town Of Los Gatos Chamber Of Commerce?

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


Official website here: www.losgatosweb.com

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

Mission Statement of Town Of Los Gatos Chamber Of Commerce

The Town of Los Gatos Chamber of Commerce is a dedicated organization that serves as a trade or professional association, with a primary focus on supporting the business community within Los Gatos. Their mission is to foster a thriving business environment, working tirelessly to promote and uplift the local businesses in the area. By engaging in various activities and initiatives, the Chamber aims to bolster the economic growth and vitality of the Los Gatos business community.

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Impact




October, 2024

The Town of Los Gatos Chamber of Commerce significantly impacts the local business community by fostering an environment of support and collaboration. It plays a crucial role in connecting local businesses with valuable resources, networking opportunities, and advocacy efforts that enhance their growth and sustainability.

Through various initiatives and programs, the Chamber promotes local commerce, encouraging residents and visitors to shop locally and engage with businesses in the area. This not only drives economic development but also strengthens community ties, making Los Gatos a vibrant place to live and work.

Additionally, the Chamber serves as a voice for the business community, addressing challenges and advocating for policies that benefit local enterprises. Its commitment to community improvement inspires a thriving ecosystem where businesses can flourish, creating a positive ripple effect throughout the town. Overall, the Town of Los Gatos Chamber of Commerce plays an essential role in nurturing local businesses and enhancing the overall quality of life in the community.




This information is meant to be a general summary of Town Of Los Gatos 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
$345,506 (2023)
Expenses
$355,099 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $4,413
  • Program Service Revenue: $233,855
  • Gross Receipts: $573,385

Assets and Liabilities:

  • Total Assets: $281,821
  • Total Liabilities: $13,578
  • Net Assets: $268,243

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Programs

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

DIRECTORY
Membership Dues & Assessments

Revenue

$132,585

MISCELLANEOUS INCOME

Revenue

$46,268

TOWN CONTRACTS

Revenue

$55,002

TOWN FUNDING

Organization Details

Founding Year

1999

Principal Officer

Jim Foley

Main Address

10 STATION WAY, LOS GATOS, CA, 95030

NTEE Category

Code: S41 - Community improvement

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