Nome Chamber Of Commerce Inc

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

EIN: 920079541 ✦ Nome, AK ✦ Designated as a 501(c)(6)

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Overview

What is Nome Chamber Of Commerce Inc?

Nome Chamber Of Commerce Inc, situated in Nome, Alaska, serves as a catalyst for economic growth within its local community and surrounding area, which accommodates approximately 5,000 residents. The organization's primary mission is to foster free enterprise and trade, unite the business community, offer a platform for business discussions, attract new industries, and enhance existing business conditions, all while promoting ethical business practices. With a small team of three employees, the Nome Chamber actively works towards these objectives, contributing to the betterment of the local economy.


Official website here: www.nomechamber.org

Is Nome Chamber Of Commerce Inc legitimate?

Nome Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Nome Chamber Of Commerce Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $104,593

For more financial information, click here


Official website here: www.nomechamber.org

What is the mission statement of Nome Chamber Of Commerce Inc?

The Nome Chamber of Commerce Inc is committed to fostering free enterprise and trade, advocating for the unification of the business community, serving as a platform for business discussions, attracting new industries, and enhancing business conditions. It also strives to uphold good business practices, all with the aim of promoting economic growth for the benefit of its residents.


Official website here: www.nomechamber.org

Who is the CEO of Nome Chamber Of Commerce Inc?

Paul Kosto is the Executive Director of Nome Chamber Of Commerce Inc.


Official website here: www.nomechamber.org

What is the revenue of Nome Chamber Of Commerce Inc?

Nome Chamber Of Commerce Inc's revenue in 2020 was $282,858.


Official website here: www.nomechamber.org

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

The average compensation at Nome Chamber Of Commerce Inc during 2020 was $34,864. There are 3 employees and 15 volunteers at Nome Chamber Of Commerce Inc.


Here are 5 key members and their salaries:


Melissa Ford (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Johnson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scot Henderson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Johnson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Kosto (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nomechamber.org

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

Nome Chamber Of Commerce Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.nomechamber.org

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

Mission Statement of Nome Chamber Of Commerce Inc

The Nome Chamber of Commerce Inc, in its mission, works tirelessly to foster free enterprise and trade, actively promoting unity within the business community. It serves as a platform for business discussion and engagement, inviting membership to participate in its forums. The organization is committed to attracting new industries and commerce to the area, aiming to enhance and improve business conditions. Furthermore, the Nome Chamber of Commerce Inc encourages good business practices, contributing to the economic growth and development of the community, benefiting the approximately 5000 residents of Nome, Alaska.

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Impact




October, 2024

Nome Chamber of Commerce Inc significantly impacts the local economy and business landscape in Nome, Alaska. By actively promoting free enterprise and trade, it facilitates a thriving environment for businesses, which in turn fosters job creation and economic growth. The Chamber acts as a unifying force for the business community, providing a platform for collaboration and support among local entrepreneurs and companies.

Through its efforts to attract new industry and commerce to Nome, the Chamber not only enhances the economic prospects of the community but also contributes to the overall quality of life for approximately 5,000 residents. By maintaining and improving business conditions, the Nome Chamber encourages good business practices that can lead to sustainability and long-term success for local enterprises.

The Chamber also serves as a vital business forum for its members, offering networking opportunities, resources, and information that empower businesses to thrive. This collaborative approach not only improves individual businesses but also strengthens the overall community, making Nome a more inviting place for both residents and visitors alike. In essence, the Nome Chamber of Commerce Inc plays a crucial role in driving economic development and fostering a supportive business environment in the region.




This information is meant to be a general summary of Nome Chamber Of Commerce Inc. 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
$282,858 (2020)
Expenses
$262,080 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $1,210,117

Assets and Liabilities:

  • Total Assets: $265,113
  • Total Liabilities: $3,507
  • Net Assets: $261,606

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Organization Details

Founding Year

1981

Principal Officer

Paul Kosto

Main Address

PO Box 250, Nome, AK, 99762

NTEE Category

Code: S41 - Community improvement

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