Magnolia Chamber Of Commerce

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

EIN: 911034563 ✦ Seattle, WA ✦ Designated as a 501(c)(6)

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Overview

What is Magnolia Chamber Of Commerce?

The Magnolia Chamber of Commerce is a nonprofit organization that plays a crucial role in enriching the community by strengthening ties between local businesses, residents, and community groups. Their primary activity involves organizing festivals that showcase Magnolia's businesses, such as an Art Show, merchant sales, food vendors, and arts and crafts booths. Furthermore, they host events like the Wine Walk to boost business exposure within the community. The Chamber's mission is to contribute positively to Magnolia's vibrancy by fostering these connections and promoting a harmonious environment for both businesses and residents.


Official website here: www.discovermagnolia.org

Is Magnolia Chamber Of Commerce legitimate?

Magnolia Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Magnolia 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: $67,747
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.discovermagnolia.org

What is the mission statement of Magnolia Chamber Of Commerce?

The Magnolia Chamber of Commerce contributes to the community's vitality by facilitating relationships among local businesses, residents, and community organizations. Its mission is to strengthen these connections, thereby enhancing the community's overall atmosphere. The chamber organizes events such as festivals featuring art exhibitions, merchant sales, food vendors, and craft booths. Additionally, it hosts a Wine Walk to promote local businesses. Overall, the Magnolia Chamber of Commerce aims to foster a harmonious and thriving community environment.


Official website here: www.discovermagnolia.org

What is the revenue of Magnolia Chamber Of Commerce?

Magnolia Chamber Of Commerce's revenue in 2023 was $492,428.


Official website here: www.discovermagnolia.org

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

The average compensation at Magnolia Chamber Of Commerce during 2023 was $67,747. There is 1 employee and 26 volunteers at Magnolia Chamber Of Commerce.

Here are 17 key members and their salaries:


Tom Powell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Goos (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Enticknap (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taylor Schmidt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Mcquiston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mcdonald (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Cook (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Lipscomb (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Scott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathie Claypool (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rory O'Sullivan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dani Mcdonough (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Bluestein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Thibeaux (Executive Director)
  • Compensation: $67,747
  • Related: $0
  • Other: $0
Daniela Eng (Former President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Audette (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Faciszewski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.discovermagnolia.org

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

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


Official website here: www.discovermagnolia.org

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

Mission Statement of Magnolia Chamber Of Commerce

The Magnolia Chamber of Commerce plays a significant role in enhancing the community's vitality by cultivating relationships between local businesses, residents, and community organizations. Their mission is centered around fostering these connections, thereby contributing to a more engaged and lively Magnolia community.

In pursuit of this mission, the Magnolia Chamber of Commerce organizes events that showcase the community's businesses. One such event is a festival that spotlights local merchants, featuring an Art Show, a Merchant's Sidewalk Sale, food vendors, and arts and crafts booths. Another initiative is a Wine Walk, which is designed to promote businesses within the community. By hosting these events, the Magnolia Chamber of Commerce aims to create opportunities for networking and collaboration between local businesses and residents, ultimately strengthening the community's overall fabric.

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Impact




October, 2024

The Magnolia Chamber of Commerce significantly enhances the vibrancy of the Magnolia community by fostering essential connections among local businesses, residents, and various community groups. Through its organized festivals, such as the Art Show and Merchant's Sidewalk Sale, the Chamber promotes local businesses while creating an engaging atmosphere for residents and visitors alike. The inclusion of food vendors, arts and crafts booths, and events like the Wine Walk further enriches the community experience, encouraging exploration and support of local enterprises. Overall, the Magnolia Chamber of Commerce plays a pivotal role in strengthening community ties and boosting local economic activity, contributing to a lively and connected neighborhood in Seattle.




This information is meant to be a general summary of Magnolia 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
$492,428 (2023)
Expenses
$455,900 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,927
  • Program Service Revenue: $259,868
  • Gross Receipts: $492,428

Assets and Liabilities:

  • Total Assets: $159,534
  • Total Liabilities: $2,644
  • Net Assets: $156,890

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Programs

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

Program Events

Revenue

$259,868

Organization Details

Founding Year

1951

Principal Officer

Joan Enticknap

NTEE Category

Code: S41 - Community improvement

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