Overview
What is Industrial Council Of The City Of Commerce?
The Industrial Council of the City of Commerce, established in 1959, serves as a chamber of commerce in this California city. As a diverse organization, it represents businesses and industries of varying sizes, contributing to the city's thriving business environment. One of its primary objectives is to foster wealth creation within the community. The Industrial Council provides employee training opportunities, nurturing a skilled workforce that benefits local businesses. With a small team of just two individuals, the organization continues to be an influential voice for businesses in the city of Commerce, helping numerous enterprises establish roots and contributing to its overall growth and livability.
Is Industrial Council Of The City Of Commerce legitimate?
Industrial Council Of The City Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Industrial Council Of The City 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: $65,018
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,799
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What is the mission statement of Industrial Council Of The City Of Commerce?
Since its establishment in 1959, the Industrial Council has served as a chamber of commerce, aiding numerous businesses in establishing a presence within the community. Acting as the voice of business, it has played a significant role in shaping the city's dynamic business environment. Representing businesses and industries of all sizes, the council has been instrumental in creating wealth within the community and making the city an appealing place for both living and working. The Industrial Council's mission is to foster a diverse business landscape, promoting growth and development that enhances the overall well-being of the community.
Who is the CEO of Industrial Council Of The City Of Commerce?
John Griffo is the President of Industrial Council Of The City Of Commerce.
What is the revenue of Industrial Council Of The City Of Commerce?
Industrial Council Of The City Of Commerce's revenue in 2022 was $528,240.
Who are the executives of Industrial Council Of The City Of Commerce and what are their salaries?
The average compensation at Industrial Council Of The City Of Commerce during 2022 was $53,908. There are 2 employees at Industrial Council Of The City Of Commerce.
Here are 19 key members and their salaries:
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Where can I find the form 990 for Industrial Council Of The City Of Commerce?
Industrial Council Of The City Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Industrial Council Of The City Of Commerce
Since its establishment in 1959, the Industrial Council of the City of Commerce, functioning as a chamber of commerce, has played a significant role in the city's business environment. The organization, diverse as the community it serves, represents businesses and industries of all sizes. Its primary mission has been to aid hundreds of businesses in establishing themselves within the city, serving as a strong advocate for the business sector since the city's incorporation. Together, the council's members work towards shaping a dynamic business environment, fostering wealth creation within the community, and ultimately making the city an attractive place to live and work.
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Impact
October, 2024
The Industrial Council of the City of Commerce has significantly influenced the local business landscape since its establishment in 1959. By championing the interests of a diverse array of businesses and industries, it has played a crucial role in fostering economic development in the area. This organization serves as a vital voice for both large and small enterprises, helping them navigate challenges and seize opportunities.
One of the council's key contributions is the provision of employee training opportunities. By developing a skilled workforce, the Industrial Council creates a talent pool that meets the specific needs of local businesses, enhancing their competitiveness and sustainability. This focus on workforce development not only supports individual businesses but also contributes to the overall economic health of the city.
The council's efforts have led to an enriched business environment in Commerce, ultimately creating wealth within the community. By encouraging collaboration and networking among local businesses, it ensures that Commerce remains an attractive and vibrant place to live and work. Through its initiatives, the Industrial Council continues to shape the future of the city, making it a hub of opportunity and innovation.
This information is meant to be a general summary of Industrial Council Of The City 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $116,560
- Gross Receipts: $541,036
Assets and Liabilities:
- Total Assets: $3,203
- Total Liabilities: $60,100
- Net Assets: -$56,897
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOB MAGAZINE
Revenue
$37,480
MEMBER EVENTS
Revenue
$79,080
Organization Details
Founding Year
1959
Phone
(323) 728-7222Principal Officer
John Griffo
Main Address
PO BOX 911039, COMMERCE, CA, 90091
NTEE Category
Code: S41 - Community improvement
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