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Homer Chamber Of Commerce Inc

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

EIN: 920080954 ✦ Homer, AK ✦ Designated as a 501(c)(6)

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Overview

What is Homer Chamber Of Commerce Inc?

The Homer Chamber of Commerce Inc, located at 201 Sterling Hwy, Homer, AK 99603, is a dedicated nonprofit organization. Its primary mission is to foster collaboration between local and regional governments, businesses, and its membership to stimulate economic growth on the Lower Kenai Peninsula. The chamber supports its members through cooperative economic development and community service initiatives, such as the Winter Carnival, Winter King Salmon Tournament, Kachemak Bay Shorebird Festival, and the Homer Jackpot HalIBUT Derby. With a team of six dedicated individuals, the Homer Chamber of Commerce Inc works tirelessly to promote the well-being and prosperity of its community.


Official website here: www.homeralaska.org

Is Homer Chamber Of Commerce Inc legitimate?

Homer Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Homer 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: $228,713

For more financial information, click here


Official website here: www.homeralaska.org

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

The Homer Chamber of Commerce Inc's mission is centered around supporting its membership. This is achieved through cooperative economic development and community service. The organization facilitates communication between various business organizations, local and regional governments, and its business members to promote economic growth in the lower Kenai Peninsula. As part of its activities, it organizes events such as the Winter Carnival, Winter King Salmon Tournament, Kachemak Bay Shorebird Festival, and the Homer Jackpot HalIBUT Derby. These events serve to foster a sense of community and contribute to the local economy.


Official website here: www.homeralaska.org

Who is the CEO of Homer Chamber Of Commerce Inc?

Tom Soderholm is the Board Presid of Homer Chamber Of Commerce Inc.


Official website here: www.homeralaska.org

What is the revenue of Homer Chamber Of Commerce Inc?

Homer Chamber Of Commerce Inc's revenue in 2022 was $549,401.


Official website here: www.homeralaska.org

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

The average compensation at Homer Chamber Of Commerce Inc during 2022 was $38,119. There are 6 employees and 19 volunteers at Homer Chamber Of Commerce Inc.


Here are 12 key members and their salaries:


Kenneth Bryant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Buss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Conley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Daniel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Gerrettie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Hermanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcha Kuszmaul (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Soderholm (Board Presid)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Anderson (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joell Rrestad (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Vecillio (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.homeralaska.org

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

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


Official website here: www.homeralaska.org

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

Mission Statement of Homer Chamber Of Commerce Inc

The Homer Chamber of Commerce Inc is dedicated to supporting its membership through cooperative economic development and community service. This nonprofit organization seeks to foster a strong sense of collaboration between business organizations, local and regional governments, and its business members, all with the aim of promoting economic growth on the Lower Kenai Peninsula. To achieve this mission, Homer Chamber of Commerce Inc organizes various events such as the Winter Carnival, Winter King Salmon Tournament, Kachemak Bay Shorebird Festival, and the Homer Jackpot HalIBUT Derby. These events not only serve as entertainment for the community but also contribute to the economic development of the area. By facilitating communication and cooperation between different stakeholders, Homer Chamber of Commerce Inc plays a crucial role in promoting a thriving business environment and improving the overall well-being of its members.

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Impact




October, 2024

Homer Chamber of Commerce Inc plays a vital role in the local economy and community of Homer, Alaska, through various initiatives aimed at fostering economic development and enhancing community engagement. By facilitating communication between business organizations, local and regional governments, and its members, the Chamber promotes collaboration and strategic partnerships that contribute to economic growth on the Lower Kenai Peninsula.

The organization supports numerous community events, such as the Winter Carnival and Winter King Salmon Tournament, which not only celebrate local culture but also attract visitors, boosting tourism and supporting local businesses. Additionally, events like the Kachemak Bay Shorebird Festival and Homer Jackpot Halibut Derby highlight the region's natural assets, encouraging outdoor recreation and wildlife appreciation, further driving economic activity.

Through its commitment to cooperative economic development and community service, the Chamber significantly impacts the quality of life in Homer, creating opportunities for businesses and residents alike, and fostering a sense of community pride.




This information is meant to be a general summary of Homer 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
$549,401 (2022)
Expenses
$574,977 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $126
  • Program Service Revenue: $189,886
  • Gross Receipts: $956,561

Assets and Liabilities:

  • Total Assets: $782,932
  • Total Liabilities: $153,451
  • Net Assets: $629,481

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Programs

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

WEBSITE & ADVERTISING FEES

Revenue

$91,693

COMMISSIONS & CONTRACTS

Revenue

$51,000

MEMBERSHIP SERVICES

Revenue

$26,051

SPONSORS

Revenue

$8,900

PEONY PROGRAM SPONSORS

Revenue

$7,000

Organization Details

Founding Year

1948

Principal Officer

Tom Soderholm

Main Address

201 STERLING HWY, HOMER, AK, 99603

NTEE Category

Code: S41Z - Community improvement

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