Okemo Valley Regional Chamber Of Commerce

Organization Overview

Okemo Valley Regional Chamber Of Commerce is located in Ludlow, VT. The organization was established in 1997. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Okemo Valley Regional Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Okemo Valley Regional Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Okemo Valley Regional Chamber Of Commerce generated $294.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $291.8k during the year ending 12/2021. While expenses have increased by 4.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THIS ORGANIZATION IS A CHAMBER OF COMMERCE. IT'S MAIN PURPOSE IS TO HELP PROMOTE THE AREA AND SURROUNDING TOWNS TO TOURISTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM SERVICE EXPENSES INCURRED TO PROMOTE LOCAL BUSINESSES AND EVENTS FOR THE PURPOSE OF IMPROVING THE LOCAL ECONOMY AND COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Gail Beardmore
President
$0
Scott Duffy
Treasurer
$0
Tom Gianola
Vice President
$0
Art Randolph
Secretary
$0
Carol Lighthall
Executive Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$76,937
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$23,464
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$100,401
Total Program Service Revenue$181,424
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $12,555
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $294,380

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