Overview
What is Cloudcroft Chamber Of Commerce?
The Cloudcroft Chamber of Commerce is a small nonprofit organization situated in Cloudcroft, New Mexico. With only two employees, their primary mission is to advertise and promote the Village of Cloudcroft. They generate revenue through various events such as Art & Wine, Mayfair, Beer Festival, July Jamboree, and Christmas Fair, as well as from other sources. Their income from these activities includes $18,688 from Art & Wine, $14,921 from Mayfair, $29,872 from the Beer Festival, among others. Their expenses, however, are significantly lower, with $8,798 spent on Art & Wine, $2,188 on Mayfair, and so on. The Chamber's activities contribute to the local economy and promote Cloudcroft as a tourist destination.
Official website here: www.coolcloudcroft.com
Is Cloudcroft Chamber Of Commerce legitimate?
Cloudcroft Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cloudcroft 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: $45,153
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.coolcloudcroft.com
What is the mission statement of Cloudcroft Chamber Of Commerce?
The Cloudcroft Chamber of Commerce is dedicated to advertising and promoting a specific village, in this case, Cloudcroft New Mexico. Their mission is centered around boosting the visibility and appeal of this village, thereby potentially attracting more visitors and contributors to the community. Their activities include organizing various events such as Art & Wine, Mayfair, Beer Festival, July Jamboree, Christmas Fair, and others. These events serve as platforms to showcase the village's offerings and engage with the local community and potential visitors. Through these events, the Chamber aims to generate revenue and promote the village, thereby contributing to its overall development and growth.
Official website here: www.coolcloudcroft.com
Who is the CEO of Cloudcroft Chamber Of Commerce?
Karen Sonnenfelt is the President of Cloudcroft Chamber Of Commerce.
Official website here: www.coolcloudcroft.com
What is the revenue of Cloudcroft Chamber Of Commerce?
Cloudcroft Chamber Of Commerce's revenue in 2023 was $123,701.
Official website here: www.coolcloudcroft.com
Who are the executives of Cloudcroft Chamber Of Commerce and what are their salaries?
The average compensation at Cloudcroft Chamber Of Commerce during 2023 was $22,576. There are 2 employees at Cloudcroft Chamber Of Commerce.
Here are 5 key members and their salaries:
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- Compensation: $18,703
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- Other: $0
- Compensation: $26,451
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- Other: $0
Official website here: www.coolcloudcroft.com
Where can I find the form 990 for Cloudcroft Chamber Of Commerce?
Cloudcroft Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.coolcloudcroft.com
Learn more at the official website: www.coolcloudcroft.com
Mission Statement of Cloudcroft Chamber Of Commerce
The Cloudcroft Chamber of Commerce, as a nonprofit organization, is dedicated to promoting and advertising the Village of Cloudcroft New Mexico. Their mission involves actively showcasing and championing the village's offerings and attractions to a wider audience. This is achieved through various events and initiatives, such as Mayfair, Beer Festival, July Jamboree, Christmas Fair, and other activities, which generate revenue to support their mission. The Chamber of Commerce utilizes these events to generate income, with examples including $18,688 from the Art & Wine event, $14,921 from Mayfair, $29,872 from the Beer Festival, and $11,990 from the July Jamboree, among others. These funds are then strategically utilized to cover expenses, as demonstrated by the $8,798 spent on the Art & Wine event, $2,188 for Mayfair, $10,668 for the Beer Festival, and $1,299 for the July Jamboree, among others. The Cloudcroft Chamber of Commerce plays a significant role in highlighting the village's unique characteristics and experiences, thereby fostering a sense of community and attracting visitors to the area.
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Impact
October, 2024
The Cloudcroft Chamber of Commerce plays a crucial role in enhancing the visibility and economic vitality of the Village of Cloudcroft, New Mexico. Through various events and initiatives, the Chamber actively promotes the community, drawing visitors and potential residents to the area.
Events like the Art & Wine Festival, Mayfair, Beer Festival, July Jamboree, and Christmas Fair not only celebrate local culture but also generate significant revenue that supports local businesses. For example, the Beer Festival alone brought in nearly $30,000, a portion of which circulates back into the community, further stimulating economic growth. By creating and managing these events, the Chamber fosters community spirit, attracts tourism, and enhances the overall quality of life for residents.
The focus on advertising and promotion helps to create a positive image of Cloudcroft, encouraging investment and interest in the area. Overall, the Cloudcroft Chamber of Commerce serves as a vital catalyst for community improvement, supporting both economic development and cultural enrichment in this picturesque village.
This information is meant to be a general summary of Cloudcroft 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $88,074
- Gross Receipts: $123,701
Assets and Liabilities:
- Total Assets: $43,847
- Total Liabilities: $856
- Net Assets: $42,991
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Art & Wine
Revenue
$18,688
Beer Festival
Revenue
$29,872
July Jamboree
Revenue
$11,990
Mayfair
Revenue
$14,921
Christmas Craft Fair
Revenue
$5,643
Organization Details
Founding Year
1988
Phone
(575) 682-2733Principal Officer
Karen Sonnenfelt
Main Address
PO BOX 1291, CLOUDCROFT, NM, 883171291
Website
www.coolcloudcroft.comNTEE Category
Code: S30 - Community improvement
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