Morgan Hill Chamber Of Commerce

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

EIN: 941593675 ✦ Morgan hill, CA ✦ Designated as a 501(c)(6)

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Overview

What is Morgan Hill Chamber Of Commerce?

The Morgan Hill Chamber of Commerce is a vital nonprofit organization situated in Morgan Hill, California. Their primary mission is to stimulate commerce within the city by championing local businesses. They accomplish this through various initiatives, such as supporting the downtown farmers market and acknowledging exemplary business and municipal involvement during the "celebratemorgan Hill" award dinner. Additionally, they organize the Taste of Morgan Hill, a two-day event, which is the city's largest retail trade day, thereby increasing exposure for downtown shops. The chamber is an active and integral part of the community, committed to promoting economic growth and development in Morgan Hill.


Official website here: www.morganhill.org

Is Morgan Hill Chamber Of Commerce legitimate?

Morgan Hill Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Morgan Hill 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: $100,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $196,058

For more financial information, click here


Official website here: www.morganhill.org

What is the mission statement of Morgan Hill Chamber Of Commerce?

The Morgan Hill Chamber of Commerce serves as a local organizational body, dedicated to fostering commerce within its community. Its mission is to support local businesses and municipal participation, recognizing outstanding achievements through the "celebratemorgan Hill" award dinner. To further promote commercial activity, the chamber organizes events such as the Taste of Morgan Hill, a two-day retail trade event, which offers increased exposure for downtown shops. Located in Morgan Hill, CA, the chamber's primary goal is to stimulate economic growth and development within the region.


Official website here: www.morganhill.org

Who is the CEO of Morgan Hill Chamber Of Commerce?

Nick Gaich is the CEO of Morgan Hill Chamber Of Commerce The CEO's salary of Morgan Hill Chamber Of Commerce is $100,700 and their total compensation is $100,700.


Official website here: www.morganhill.org

What is the revenue of Morgan Hill Chamber Of Commerce?

Morgan Hill Chamber Of Commerce's revenue in 2024 was $432,264.


Official website here: www.morganhill.org

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

The average compensation at Morgan Hill Chamber Of Commerce during 2024 was $74,190. There are 4 employees and 20 volunteers at Morgan Hill Chamber Of Commerce.

Here are 6 key members and their salaries (Morgan Hill Chamber Of Commerce's CEO's salary is $100,700 and their total compensation is $100,700):


Nick Gaich (President & Ceo)
  • Compensation: $100,700
  • Related: $0
  • Other: $0
Larry Car (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Poonam Chabra (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Kent (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fawn Myers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Mcfarland (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.morganhill.org

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

Morgan Hill Chamber Of Commerce's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.morganhill.org

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

Mission Statement of Morgan Hill Chamber Of Commerce

The Morgan Hill Chamber of Commerce, serving as a local entity, is dedicated to fostering commerce within the city of Morgan Hill. Its mission is multifaceted, encompassing the promotion of business growth and recognition. The chamber plays a significant role in boosting the downtown area by supporting the farmers market, which not only provides a platform for local vendors but also contributes to the city's vibrant atmosphere.

In addition to this, Morgan Hill Chamber of Commerce honors outstanding business and municipal participation during the "celebratemorgan Hill" award dinner. This event serves as a testament to the chamber's commitment to recognizing and celebrating the achievements of its members and the wider community. One of the chamber's most notable initiatives is the Taste of Morgan Hill, a two-day event. This event aims to offer increased exposure for downtown shops, thereby encouraging more business and fostering a sense of community.

In essence, the Morgan Hill Chamber of Commerce acts as a catalyst for business growth and community engagement within the city of Morgan Hill. By supporting local businesses, recognizing outstanding contributions, and organizing events like the Taste of Morgan Hill, the chamber plays a pivotal role in promoting commerce and fostering a thriving business environment.

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Impact




October, 2024

Morgan Hill Chamber of Commerce plays a vital role in enhancing the local economy and fostering community connections in Morgan Hill, California. By promoting local commerce, the Chamber supports initiatives such as the downtown farmers market, which serves as a gathering place for residents and a platform for local farmers and artisans to showcase their products.

The organization also recognizes exceptional contributions from businesses and municipal entities through events like the "Celebrate Morgan Hill" award dinner, highlighting the importance of community involvement in driving local success. Furthermore, the Taste of Morgan Hill event stands out as the largest retail trade day in the area, significantly boosting exposure for downtown shops and attracting visitors to the community.

Overall, the Chamber's efforts in promoting business activities and community events are instrumental in cultivating a thriving local economy and enhancing the quality of life for Morgan Hill residents.




This information is meant to be a general summary of Morgan Hill 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
$432,264 (2024)
Expenses
$505,281 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $784
  • Program Service Revenue: $275,312
  • Gross Receipts: $622,943

Assets and Liabilities:

  • Total Assets: $301,640
  • Total Liabilities: $174,533
  • Net Assets: $127,107

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Programs

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

MEMBERSHIP DIRECTORY

Revenue

$66,056

Membership Dues & Assessments

Revenue

$190,603

MISC. BUSINESS SERVICES

Revenue

$13,518

RIBBON CUTTING

Revenue

$2,350

WEBSITE ADVERTISING

Revenue

$2,785

Organization Details

Founding Year

1965

Principal Officer

Rick Kent

NTEE Category

Code: S41 - Community improvement

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