Chamber Of Progress

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

EIN: 853963084 ✦ Mclean, VA ✦ Designated as a 501(c)(6)

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Overview

What is Chamber Of Progress?

Chamber of Progress is a Virginia-based nonprofit organization with a mission to advocate for technology regulation that ensures fair business practices, consumer benefits, and limits abuses and excesses. With a team of 18 individuals, they function as an industry coalition pushing for a progressive society, economy, workforce, and consumer climate through public policies. Their ultimate goal is to create a fairer and more inclusive country that allows everyone to reap the advantages of technological innovations.


Official website here: www.progresschamber.org

What are the reviews and ratings of this charity?

Chamber Of Progress does not have a current rating from Charity Navigator as it is not registered as a 501(c)(3) nonprofit. Charity Navigator ratings typically require either an Accountability & Finance or an Impact & Measurement beacon, but due to this organization's status, it is not eligible for such evaluations. The absence of a rating should not be interpreted as inherently positive or negative.

Charity Navigator's historical ratings primarily focused on dimensions similar to today's Accountability and Finance scores. However, this organization lacks available data on revenue, expenses, or salary of key persons, which would be typical evaluation metrics. As a non-501(c)(3) entity, it doesn't undergo assessments for Leadership & Adaptability, Culture & Community, or Impact & Measurement, highlighting the limitations in using Charity Navigator for this group's appraisal.

No user reviews for the Chamber Of Progress have been found on GreatNonprofits. This absence may limit additional insights from personal experiences or testimonies that could provide further context about the organization's activities and public perception.


This AI summary has been generated from information found on Charity Navigator.

Is Chamber Of Progress legitimate?

Chamber Of Progress is a legitimate nonprofit organization registered as a 501(c)(6) entity. Chamber Of Progress 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: $674,149
Professional Fundraising Fees: $0
Other Salaries and Wages: $958,627

For more financial information, click here


Official website here: www.progresschamber.org

What is the mission statement of Chamber Of Progress?

Chamber of Progress is a new industry coalition advocating for a progressive society and economy through technology. Their mission is to promote policies that create a fairer and more inclusive country where everyone benefits from technological advancements. The organization supports regulations ensuring tech companies operate ethically, technology provides consumer benefits, and potential misuses of technology are minimized. By advocating for these policies, Chamber of Progress aims to contribute to a society where technology serves the greater good.


Official website here: www.progresschamber.org

Who is the CEO of Chamber Of Progress?

Adam Kovacevich is the Chief Executive Officer of Chamber Of Progress. The CEO's salary of Chamber Of Progress is $455,593 and their total compensation is $474,202.


Official website here: www.progresschamber.org

What is the revenue of Chamber Of Progress?

Chamber Of Progress's revenue in 2022 was $29,920,121.


Official website here: www.progresschamber.org

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

The average compensation at Chamber Of Progress during 2022 was $90,710. There are 18 employees and 4 volunteers at Chamber Of Progress.


Here are 9 key members and their salaries (Chamber Of Progress's CEO's salary is $455,593 and their total compensation is $474,202):


Adam Kovacevich (Chief Executive Officer)
  • Compensation: $455,593
  • Related: $0
  • Other: $18,609
Maura Corbett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Samuels (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Rothenberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hillary Brill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Koustubh Bagchi (Vice President Of Technology Policy)
  • Compensation: $186,667
  • Related: $0
  • Other: $13,281
Elizabeth Banker (Vice President Of Legal Advocacy)
  • Compensation: $111,680
  • Related: $0
  • Other: $8,586
Christopher Mackenzie (Senior Director, Communications)
  • Compensation: $128,581
  • Related: $0
  • Other: $10,935
Tepring Piquado (Senior Director, Of Gov'T Relations)
  • Compensation: $111,993
  • Related: $0
  • Other: $4,700


Official website here: www.progresschamber.org

Where can I find the form 990 for Chamber Of Progress?

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


Official website here: www.progresschamber.org

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

Mission Statement of Chamber Of Progress

Chamber of Progress, a new industry coalition, is dedicated to championing a progressive future for technology. This organization advocates for public policies that foster a fairer and more inclusive society, where all people can reap the benefits of technological advancements. By promoting regulations that ensure ethical business practices and protect consumers, Chamber of Progress seeks to mitigate the potential abuses and excesses of technology.

In essence, Chamber of Progress is an influential voice advocating for a societal and economic landscape shaped by technology, while safeguarding the welfare of individuals. The coalition's ultimate goal is to create an environment in which technology's transformative power can be harnessed to improve lives, without endangering the rights and well-being of citizens. Through its efforts, Chamber of Progress strives to build a future where technology's progressive potential is fully realized, and everyone is granted equal opportunities to thrive.

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Impact




October, 2024

Chamber Of Progress plays a vital role in shaping a technology landscape that prioritizes fairness and equity. By advocating for regulations that ensure companies operate ethically, the organization seeks to protect consumer rights while promoting the benefits of technology. Their efforts focus on balancing innovation with necessary safeguards to prevent misuse and excesses.

The coalition’s mission fosters a more inclusive economy and workforce, aiming to create a society where technological advancements benefit all individuals. This comprehensive approach not only supports community improvement but also encourages dialogue around policies that can lead to a more equitable distribution of technology's advantages. Through these initiatives, Chamber Of Progress is influencing the future of technology in a way that prioritizes both progress and responsibility.




This information is meant to be a general summary of Chamber Of Progress. 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
$29,920,121 (2022)
Expenses
$24,240,229 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $29,737,121
  • Gross Receipts: $29,920,121

Assets and Liabilities:

  • Total Assets: $10,357,158
  • Total Liabilities: $87,744
  • Net Assets: $10,269,414

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Programs

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

PARTNERSHIP DUES

Revenue

$29,737,121

Organization Details

Founding Year

2020

Principal Officer

Adam Kovacevich

Main Address

1390 CHAIN BRIDGE ROAD, MCLEAN, VA, 22101

NTEE Category

Code: S41 - Community improvement

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