Chamber Of Commerce Of Hobbs

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

EIN: 850043220 ✦ Hobbs, NM ✦ Designated as a 501(c)(6)

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Overview

What is Chamber Of Commerce Of Hobbs?

The Chamber of Commerce of Hobbs is a nonprofit organization located in Hobbs, New Mexico, at 400 N Marland. Their primary mission is to stimulate business growth and community development within the Hobbs area. They achieve this by offering tools and creating an environment conducive to success for local businesses. With a workforce of five individuals, this nonprofit organization plays a significant role in fostering the prosperity of the Hobbs business community.


Official website here: www.hobbschamber.org

Is Chamber Of Commerce Of Hobbs legitimate?

Chamber Of Commerce Of Hobbs is a legitimate nonprofit organization registered as a 501(c)(6) entity. Chamber Of Commerce Of Hobbs 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: $59,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,509

For more financial information, click here


Official website here: www.hobbschamber.org

What is the mission statement of Chamber Of Commerce Of Hobbs?

The Chamber of Commerce of Hobbs has a mission to provide the necessary tools and create an enabling environment for businesses in the Hobbs area to prosper. This organization works towards promoting business and community growth and development in its vicinity. By offering necessary resources, it strives to foster a thriving business environment, contributing to the overall development of the community.


Official website here: www.hobbschamber.org

Who is the CEO of Chamber Of Commerce Of Hobbs?

Patricia Collins is the Chair & Legal Counsel of Chamber Of Commerce Of Hobbs. The CEO's salary of Chamber Of Commerce Of Hobbs is $59,350 and their total compensation is $59,350.


Official website here: www.hobbschamber.org

What is the revenue of Chamber Of Commerce Of Hobbs?

Chamber Of Commerce Of Hobbs's revenue in 2022 was $281,137.


Official website here: www.hobbschamber.org

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

The average compensation at Chamber Of Commerce Of Hobbs during 2022 was $24,372. There are 5 employees and 10 volunteers at Chamber Of Commerce Of Hobbs.


Here are 13 key members and their salaries (Chamber Of Commerce Of Hobbs's CEO's salary is $59,350 and their total compensation is $59,350):


Scotty Holloman (Chair & Legal Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Snider (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Armstrong (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Windham (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Springer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aarron Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yesenia Garcia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paco Hernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Jimenez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Rush (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Woffindale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Grassham (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Collins (President And Ceo)
  • Compensation: $59,350
  • Related: $0
  • Other: $0


Official website here: www.hobbschamber.org

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

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


Official website here: www.hobbschamber.org

Learn more at the official website: www.hobbschamber.org

Mission Statement of Chamber Of Commerce Of Hobbs

The Chamber of Commerce of Hobbs is committed to providing the necessary resources and fostering an ideal environment for businesses in the Hobbs area to flourish. This mission is geared towards promoting business and community growth and development within the Hobbs, New Mexico region. By offering tools and creating an enabling environment, the Chamber of Commerce of Hobbs aims to contribute to the prosperity of local businesses, ultimately driving the overall growth and development of the community.

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Impact




October, 2024

The Chamber of Commerce of Hobbs plays a vital role in enhancing the local business climate and fostering community development in the Hobbs, New Mexico area. By providing essential tools and resources, it empowers businesses to thrive and succeed. The Chamber actively promotes initiatives that stimulate economic growth, encourage entrepreneurship, and create networking opportunities among local businesses.

Through its efforts, the Chamber contributes to a vibrant community atmosphere, attracting new businesses and retaining existing ones. Its commitment to promoting business and community growth supports not only the economic development of Hobbs but also enhances the overall quality of life for residents. By nurturing a collaborative environment, the Chamber helps cultivate relationships among business owners, community leaders, and local organizations, leading to a unified approach to addressing challenges and seizing opportunities in the region.




This information is meant to be a general summary of Chamber Of Commerce Of Hobbs. 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
$281,137 (2022)
Expenses
$242,619 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $174
  • Program Service Revenue: $111,868
  • Gross Receipts: $332,513

Assets and Liabilities:

  • Total Assets: $281,503
  • Total Liabilities: $10,964
  • Net Assets: $270,539

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Programs

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

MEMBERSHIP DUES

Revenue

$111,868

Organization Details

Founding Year

1930

Principal Officer

Patricia Collins

Main Address

400 N MARLAND, HOBBS, NM, 88240

NTEE Category

Code: S41 - Community improvement

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