Lakewood Chamber Of Commerce

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

EIN: 910892937 ✦ Lakewood, WA ✦ Designated as a 501(c)(6)

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Overview

What is Lakewood Chamber Of Commerce?

The Lakewood Chamber of Commerce, located at 6310 Mount Tacoma Drive SW STE B, Lakewood, WA 98499, is a nonprofit organization dedicated to enhancing the economic, commercial, industrial, cultural, and civic welfare of its community. By collaborating with its members, the chamber promotes tourism opportunities in Lakewood. With a team of five dedicated individuals, their mission is to foster growth and development across various sectors, ultimately contributing to the overall well-being of the community.

Is Lakewood Chamber Of Commerce legitimate?

Lakewood Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lakewood 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: $163,906
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,609

For more financial information, click here

What is the mission statement of Lakewood Chamber Of Commerce?

The Lakewood Chamber of Commerce is utilized to foster and enhance the economic, commercial, industrial, cultural, and civic well-being of the community. Its mission is to develop these various sectors, aiming to contribute to the community's overall prosperity. The organization collaborates with its members to promote tourism opportunities within the community, potentially attracting visitors and boosting local businesses.

Who is the CEO of Lakewood Chamber Of Commerce?

Linda K Smith is the Board Chair of Lakewood Chamber Of Commerce.

What is the revenue of Lakewood Chamber Of Commerce?

Lakewood Chamber Of Commerce's revenue in 2022 was $266,876.

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

The average compensation at Lakewood Chamber Of Commerce during 2022 was $34,303. There are 5 employees and 25 volunteers at Lakewood Chamber Of Commerce.


Here are 11 key members and their salaries:


Tod Wolf (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trudy Cofchin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Snyder (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cruz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Faeinar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Larson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hailey Wheeler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda K Smith (President)
  • Compensation: $84,380
  • Related: $0
  • Other: $8,683
Scott Jomson (Office Manager)
  • Compensation: $51,917
  • Related: $0
  • Other: $1,478
Betty Boguszew (Member Service)
  • Compensation: $27,609
  • Related: $0
  • Other: $0
Elizabeth Kinn (Member Service)
  • Compensation: $7,809
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lakewood Chamber Of Commerce?

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

Mission Statement of Lakewood Chamber Of Commerce

Lakewood Chamber of Commerce is committed to enhancing the economic, commercial, industrial, cultural, and civic well-being of its community. This mission-driven organization utilizes various strategies to achieve its goals, working closely with its members to identify and seize potential tourism opportunities in Lakewood. By fostering a strong and prosperous business environment, Lakewood Chamber of Commerce contributes significantly to the overall welfare and development of the community it serves.

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Impact




October, 2024

The Lakewood Chamber of Commerce plays a vital role in enhancing the economic, commercial, industrial, cultural, and civic welfare of the Lakewood community. By working collaboratively with local members, the chamber promotes tourism opportunities that draw visitors to the area, contributing to local businesses and enriching the community's cultural fabric. Its efforts foster a sense of community improvement and development, ultimately benefiting both residents and local enterprises. Through various initiatives and partnerships, the chamber strengthens the local economy and enhances the overall quality of life in Lakewood.




This information is meant to be a general summary of Lakewood 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
$266,876 (2022)
Expenses
$320,283 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $266,876

Assets and Liabilities:

  • Total Assets: $86,135
  • Total Liabilities: $156,945
  • Net Assets: -$70,810

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Organization Details

Founding Year

1972

Principal Officer

Linda K Smith

Main Address

6310 MOUNT TACOMA DRIVE SW STE B, LAKEWOOD, WA, 98499

NTEE Category

Code: S41 - Community improvement

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