Overview
What is Ouray Chamber Resort Association?
The Ouray Chamber Resort Association is a nonprofit organization based in Ouray, Colorado. Their primary mission is to support and develop small businesses within the city and county. They achieve this by offering a variety of benefits, networking opportunities, and advocacy services to their member businesses. One of their significant sources of funding is an annual raffle, with gross sales of $179,300 in FY2022. The revenue generated from this raffle, after deducting expenses, contributes to their initiatives. These initiatives encompass community events, cooperative destination marketing, management and development programs, and sustainable business practices, all aimed at promoting responsible economic and community development in Ouray.
Official website here: www.ourayco.org
Is Ouray Chamber Resort Association legitimate?
Ouray Chamber Resort Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Ouray Chamber Resort Association 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.
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Official website here: www.ourayco.org
What is the mission statement of Ouray Chamber Resort Association?
The Ouray Chamber Resort Association's mission is centered around supporting and developing local businesses. They aim to provide a superior array of benefits, networking opportunities, information, and advocacy services to its member businesses. This is done with the intent of encouraging responsible economic and community development. The association's activities extend to supporting community events, collaborative destination marketing, and various management and development programs. Furthermore, they promote sustainable business practices. The annual raffle, a significant source of revenue, is utilized for these purposes.
Official website here: www.ourayco.org
Who is the CEO of Ouray Chamber Resort Association?
William Hall is the President of Ouray Chamber Resort Association.
Official website here: www.ourayco.org
What is the revenue of Ouray Chamber Resort Association?
Ouray Chamber Resort Association's revenue in 2022 was $157,265.
Official website here: www.ourayco.org
Who are the executives of Ouray Chamber Resort Association and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.ourayco.org
Where can I find the form 990 for Ouray Chamber Resort Association?
Ouray Chamber Resort Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ourayco.org
Learn more at the official website: www.ourayco.org
Mission Statement of Ouray Chamber Resort Association
Ouray Chamber Resort Association, as a nonprofit organization, is dedicated to supporting and fostering the growth of its member businesses. Their mission is to provide a high standard of benefits, facilitate business-to-business networking, and offer general advocacy services. This aim is designed to encourage responsible economic and community development within their network. The association's activities are not limited to financial assistance, but also involve promoting collaborative destination marketing, managing and developing programs, and advocating for sustainable business practices.
The Ouray Chamber Resort Association's annual raffle is a significant part of their operations. The raffle revenue, after adjustments according to IRS calculations, contributed significantly to their financial support for community events, joint marketing initiatives, and development programs. In the fiscal year 2022, the gross raffle sales amounted to $179,300, generating revenue beyond the calculated expenses. This revenue plays a crucial role in the association's endeavors to promote economic development and community growth among its member businesses.
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Impact
October, 2024
The Ouray Chamber Resort Association significantly impacts the local economy by supporting and developing small businesses within the community. Through collaborative destination marketing and management programs, it enhances the visibility and attractiveness of Ouray, drawing more visitors and boosting local commerce.
One of the key initiatives is the annual raffle, which generates substantial revenue—over $179,300 in gross sales for FY2022—funding community events and sustainable business practices. This not only creates a vibrant cultural landscape but also fosters a sense of community engagement among residents and visitors alike.
By providing essential business-to-business networking and advocacy services, the association empowers member businesses to thrive. This support encourages responsible economic growth and sustainable practices, ensuring that Ouray remains a desirable place to live and visit. Overall, the Ouray Chamber Resort Association plays a crucial role in promoting community improvement and driving the local economy forward.
This information is meant to be a general summary of Ouray Chamber Resort Association. 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.
- Gross Receipts: $191,539
Assets and Liabilities:
- Total Assets: $59,907
- Total Liabilities: $22,231
- Net Assets: $37,676
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Organization Details
Founding Year
1975
Phone
(970) 633-5308Principal Officer
William Hall
Main Address
PO Box 145, OURAY, CO, 81427
Website
www.ourayco.orgNTEE Category
Code: S31 - Community improvement
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