Ruidoso Valley Chamber Of Commerce

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

EIN: 850101554 ✦ Ruidoso, NM ✦ Designated as a 501(c)(6)

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Overview

What is Ruidoso Valley Chamber Of Commerce?

The Ruidoso Valley Chamber of Commerce is a nonprofit organization dedicated to promoting growth, development, and prosperity in Ruidoso, Ruidoso Downs, and surrounding areas. Their primary objectives include fostering economic development and tourism within the region. They achieve this by providing business promotion and supporting community growth and development, while maintaining a competitive business enterprise system. The visitor center they operate serves as a source of both recreational and business information for both local residents and tourists, aiding in the overall development of the area. In essence, the Ruidoso Valley Chamber of Commerce invests in the community's wellbeing by actively participating in its growth and development.


Official website here: www.ruidosonow.com

Is Ruidoso Valley Chamber Of Commerce legitimate?

Ruidoso Valley Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Ruidoso Valley 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: $70,464
Professional Fundraising Fees: $0
Other Salaries and Wages: $119,769

For more financial information, click here


Official website here: www.ruidosonow.com

What is the mission statement of Ruidoso Valley Chamber Of Commerce?

The Ruidoso Valley Chamber of Commerce is committed to fostering growth, development, and prosperity in the areas of Ruidoso, Ruidoso Downs, and their surrounding communities. This mission is achieved by promoting economic development and tourism in the region. The chamber actively supports business promotion and community growth and development, while preserving the competitive business enterprise system. Furthermore, the visitor center distributed by the chamber provides recreational and business information to both local community members and tourists. In essence, investing in the Ruidoso Valley Chamber of Commerce means investing in the community's overall progress and development.


Official website here: www.ruidosonow.com

Who is the CEO of Ruidoso Valley Chamber Of Commerce?

Deborah Douds is the Chair of Ruidoso Valley Chamber Of Commerce.


Official website here: www.ruidosonow.com

What is the revenue of Ruidoso Valley Chamber Of Commerce?

Ruidoso Valley Chamber Of Commerce's revenue in 2023 was $597,721.


Official website here: www.ruidosonow.com

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

The average compensation at Ruidoso Valley Chamber Of Commerce during 2023 was $31,706. There are 6 employees at Ruidoso Valley Chamber Of Commerce.


Here are 13 key members and their salaries:


Amanda Favis (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leroy Smith (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rochelle Lentschke (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Eggleston (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gavin Bigger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Carey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Ellis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Hood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thad King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Manire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Sifuentes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Trosper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Douds (Executive Di)
  • Compensation: $70,464
  • Related: $0
  • Other: $0


Official website here: www.ruidosonow.com

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

Ruidoso Valley Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ruidosonow.com

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

Mission Statement of Ruidoso Valley Chamber Of Commerce

The Ruidoso Valley Chamber of Commerce is dedicated to fostering growth, development, and prosperity in Ruidoso, Ruidoso Downs, and the surrounding areas. Their mission is twofold: firstly, they promote area economic development and tourism, attracting businesses and visitors to the region. Secondly, they focus on community growth and development, preserving the competitive business enterprise system in the area. To achieve these goals, the chamber operates a visitor center, distributing recreational and business information to tourists and local community members alike. By investing in the Ruidoso Valley Chamber of Commerce, individuals are investing in the overall well-being and progress of their community.

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Impact




October, 2024

The Ruidoso Valley Chamber of Commerce significantly enhances the local economy and community well-being in Ruidoso, Ruidoso Downs, and surrounding areas. By fostering growth, development, and prosperity, the chamber plays a vital role in promoting economic development and tourism.

It serves as a hub for business promotion, assisting local enterprises in flourishing while ensuring a competitive environment. This not only benefits individual businesses but also enriches the community as a whole. Through various initiatives, the chamber supports community growth, helping to create a vibrant atmosphere that attracts both visitors and new residents.

Additionally, the visitor center acts as a valuable resource, distributing recreational and business information to tourists and locals alike. This accessibility of information encourages exploration of the area's offerings, further stimulating the local economy and enhancing the overall visitor experience. Ultimately, the chamber's efforts contribute to a thriving community, showcasing the unique charm of Ruidoso and its surroundings.




This information is meant to be a general summary of Ruidoso Valley 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
$597,721 (2023)
Expenses
$426,739 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $2,224
  • Program Service Revenue: $235,236
  • Gross Receipts: $597,721

Assets and Liabilities:

  • Total Assets: $637,210
  • Total Liabilities: $41,537
  • Net Assets: $595,673

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Programs

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

ART FESTIVAL

Revenue

$90,901

JUBILEE

Revenue

$55,041

WINE FESTIVAL

Revenue

$48,138

ASPENFEST & PARADE

Revenue

$25,453

FESTIVAL OF LIGHTS

Revenue

$7,354

Organization Details

Founding Year

1997

Principal Officer

Deborah Douds

Main Address

720 SUDDERTH DRIVE, RUIDOSO, NM, 88345

NTEE Category

Code: S30 - Community improvement

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