Overview
What is South Valley Chamber?
South Valley Chamber is a nonprofit organization located in Sandy, Utah, specifically at 9800 South Monroe Street STE 806. Their primary mission is to support and enhance the economic prosperity of their members and the community. They achieve this goal through various means, including providing resources, networking opportunities, and advocacy efforts. The South Valley Chamber offers educational courses, networking events, and forums to help businesses grow and collaborate, ultimately leading to job creation. The organization's KeyBank Business Accelerator Academy is a 13-week program designed to equip business owners and CEOs with the necessary knowledge and skills to create and manage a strategic growth plan. By participating in this program, companies have experienced significant revenue growth, job retention, and new financing opportunities. The South Valley Chamber is committed to helping its members achieve their highest level of success and maintain a thriving business ecosystem.
Official website here: www.southvalleychamber.com
Is South Valley Chamber legitimate?
South Valley Chamber is a legitimate nonprofit organization registered as a 501(c)(6) entity. South Valley Chamber 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: $159,867
Professional Fundraising Fees: $0
Other Salaries and Wages: $348,540
For more financial information, click here
Official website here: www.southvalleychamber.com
What is the mission statement of South Valley Chamber?
The South Valley Chamber's mission is centered around providing resources, networking opportunities, and advocacy to foster economic growth for its members and the community at large. This is achieved through various initiatives such as business education courses, networking events, forums, and advocacy efforts. The chamber is committed to supporting its members in achieving their full potential and works diligently to cultivate a thriving business environment that encourages ongoing growth, collaboration, and job creation.
Official website here: www.southvalleychamber.com
What is the revenue of South Valley Chamber?
South Valley Chamber's revenue in 2024 was $1,319,996.
Official website here: www.southvalleychamber.com
Who are the executives of South Valley Chamber and what are their salaries?
The average compensation at South Valley Chamber during 2024 was $84,734. There are 6 employees and 120 volunteers at South Valley Chamber.
Here are 44 key members and their salaries:
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Official website here: www.southvalleychamber.com
Where can I find the form 990 for South Valley Chamber?
South Valley Chamber's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.southvalleychamber.com
Learn more at the official website: www.southvalleychamber.com
Mission Statement of South Valley Chamber
The South Valley Chamber, a dedicated organization, is committed to enhancing the economic prosperity of its members and the community at large. It accomplishes this mission by providing resources, fostering networking opportunities, and advocating on behalf of its members. The chamber achieves this through various initiatives, including its South Valley Business Institute courses, hosting networking events, forums, and engaging in advocacy efforts. The South Valley Chamber is relentless in its pursuit of helping its members achieve their highest level of success, striving to create and sustain a vibrant business ecosystem that encourages ongoing business growth, collaboration, and job creation.
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Impact
October, 2024
The South Valley Chamber significantly enhances the economic prosperity of its members and the surrounding community. By providing essential resources, networking opportunities, and advocacy, it plays a crucial role in fostering a vibrant business ecosystem. One of its key initiatives, the KeyBank Business Accelerator Academy, equips business owners and CEOs with the skills to develop and implement tailored, three-year strategic growth plans.
Graduates of this 13-week program have reported an impressive 29% annual revenue increase, demonstrating the tangible financial benefits of participation. Additionally, the Chamber's efforts have led to the creation and retention of jobs while facilitating access to new financing sources. Through its South Valley Business Institute courses, networking events, forums, and advocacy initiatives, the Chamber connects, educates, and empowers local businesses, driving collaboration and ongoing growth in the region.
This information is meant to be a general summary of South Valley Chamber. 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 2024.
- Investment Income: $47,483
- Program Service Revenue: $1,201,763
- Gross Receipts: $1,319,996
Assets and Liabilities:
- Total Assets: $888,503
- Total Liabilities: $181,904
- Net Assets: $706,599
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPECIAL EVENTS
Revenue
$543,493
MEMBERSHIP DUES
Revenue
$340,983
ADMINISTRATION FEES
Revenue
$226,687
BUSINESS PROGRAM FEES
Revenue
$90,600
Organization Details
Founding Year
1997
Principal Officer
Jay Francis
Website
www.southvalleychamber.comNTEE Category
Code: S41 - Community improvement
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