Novato Chamber Of Commerce

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

EIN: 941179438 ✦ Novato, CA ✦ Designated as a 501(c)(6)

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Overview

What is Novato Chamber Of Commerce?

The Novato Chamber of Commerce, based at 807 De Long Avenue, Novato, California 94945, is a nonprofit organization dedicated to stimulating civic and commercial activities, as well as promoting economic development in the area. Utilizing funds from a portion of the city's Transient Occupancy Tax (TOT), the Chamber delivers contracted services such as advertising for tourism promotion, maintaining a Visit Novato website, providing visitor center services, encouraging visitor spending in Novato, and promoting business travel to the city. Their primary mission revolves around fostering growth and development within the local community.


Official website here: www.novatochamber.com

What do the Facebook reviews say about Novato Chamber Of Commerce?

96% of 22 reviewers on Facebook recommend the Novato Chamber of Commerce. Here is a summary of their reviews:

Participants express a strong sense of community and commitment to the local area. Many highlight the importance of getting involved in the business and political landscape to ensure the vibrancy of Novato for future generations. The enthusiasm for the Chamber’s initiatives and advocacy efforts shows that people feel empowered to support the town’s progress.

Overall, the sentiment reflects a positive view of the Novato Chamber of Commerce, with many recommending it as a valuable resource for anyone who cares about the community's welfare and development.


This AI summary has been generated from reviews found on Facebook.

Is Novato Chamber Of Commerce legitimate?

Novato Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Novato 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: $110,814
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,789

For more financial information, click here


Official website here: www.novatochamber.com

What is the mission statement of Novato Chamber Of Commerce?

The Novato Chamber of Commerce is dedicated to fostering civic and commercial activities, as well as promoting economic development. In pursuit of this mission, the chamber engages in various activities, including promoting tourism within the city, maintaining a visitor center, and advertising to attract more visitors and business travelers. They utilize funds from a portion of the transient occupancy tax (TOT) contracted with the city of Novato to finance these initiatives. The primary goal is to enhance visitor spending and promote Novato as a desirable destination for business travel.


Official website here: www.novatochamber.com

Who is the CEO of Novato Chamber Of Commerce?

Coy Smith is the CEO of Novato Chamber Of Commerce The CEO's salary of Novato Chamber Of Commerce is $110,814 and their total compensation is $110,814.


Official website here: www.novatochamber.com

What is the revenue of Novato Chamber Of Commerce?

Novato Chamber Of Commerce's revenue in 2023 was $569,471.


Official website here: www.novatochamber.com

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

The average compensation at Novato Chamber Of Commerce during 2023 was $94,302. There are 2 employees and 100 volunteers at Novato Chamber Of Commerce.

Here are 15 key members and their salaries (Novato Chamber Of Commerce's CEO's salary is $110,814 and their total compensation is $110,814):


Coy Smith (Ceo)
  • Compensation: $110,814
  • Related: $0
  • Other: $0
Coree Cameron (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Shorett (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Fischer (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Ricketts (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jannisse (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamara Hull (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Beckhardt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherri Jacobs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Mastropole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aj Vazquez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Homa Rassouli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Tubridy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.novatochamber.com

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

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


Official website here: www.novatochamber.com

Learn more at the official website: www.novatochamber.com

Mission Statement of Novato Chamber Of Commerce

The Novato Chamber of Commerce, as a distinguished organization, is dedicated to fostering civic and commercial activities, and promoting economic development. Its mission is multifaceted, encompassing the promotion of civic engagement and the bolstering of local businesses. This mission is carried out through various initiatives, including the Transient Occupancy Program.

Under the Transient Occupancy Program, the Novato Chamber of Commerce enters into a contract with the city of Novato, utilizing a portion of the Transient Occupancy Tax (TOT). These funds are then utilized to provide contracted services, primarily focusing on tourism promotion. This is achieved through advertising and other methods, the maintenance of a Visit Novato website, visitor center services, and the encouragement of visitor spending in Novato. Furthermore, the Chamber strives to boost business travel to Novato.

In essence, the Novato Chamber of Commerce serves as a catalyst for the city's economic growth and development, fostering a vibrant and thriving business environment while also attracting visitors to the area. Its mission is essential in promoting civic engagement and commercial success, thereby contributing to the overall well-being of the community.

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Impact




October, 2024

The Novato Chamber of Commerce significantly impacts the local economy and community by promoting civic engagement, commercial activities, and economic development. Through initiatives such as the Transient Occupancy Program, the Chamber utilizes a portion of the Transient Occupancy Tax (TOT) to drive tourism and enhance visitor spending in Novato. This includes advertising and maintaining the Visit Novato website, along with offering visitor center services.

By promoting business travel and attracting tourists, the Chamber supports local businesses and encourages economic growth within the community. Their efforts contribute to a vibrant business environment, foster community improvement, and enhance the overall quality of life for residents and visitors alike. Ultimately, the Novato Chamber of Commerce plays a crucial role in positioning Novato as a welcoming destination while driving economic development through strategic partnerships and community initiatives.




This information is meant to be a general summary of Novato 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
$569,471 (2023)
Expenses
$541,116 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $6,718
  • Program Service Revenue: $430,483
  • Gross Receipts: $662,864

Assets and Liabilities:

  • Total Assets: $465,311
  • Total Liabilities: $261,211
  • Net Assets: $204,100

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Programs

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

TOT INCOME

Revenue

$181,890

MEMBERSHIP DUES

Revenue

$140,347

TOURISM FUNDS

Revenue

$39,000

LEADERSHIP REVENUE

Revenue

$27,151

PRESIDENTS CIRCLE

Revenue

$14,068

Organization Details

Principal Officer

Coree Cameron

NTEE Category

Code: S41 - Community improvement

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