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High Point Chamber Foundation

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

EIN: 581321573 ✦ High point, NC ✦ Designated as a 501(c)(3)

Overview

What is High Point Chamber Foundation?

The High Point Chamber Foundation is a nonprofit organization situated in High Point, North Carolina. Its primary mission is to promote the advancement of knowledge and understanding in various sectors such as economics, finance, education, and technology, aiming to solve community issues and explore economic opportunities. Additionally, the foundation works towards combating community deterioration and fostering a broad-based economy in the High Point region. In line with its mission, the organization assists the High Point Chamber of Commerce, providing recommendations for improving public education, awarding computer equipment, surveying local facilities, and developing community leaders. In 2018, the foundation began constructing a facility for business development and economic stimulation in the downtown core area of High Point.


Is High Point Chamber Foundation legitimate?

High Point Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. High Point Chamber Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $395,900

For more financial information, click here


What is the mission statement of High Point Chamber Foundation?
Who is the CEO of High Point Chamber Foundation?
What is the revenue of High Point Chamber Foundation?
Who are the executives of High Point Chamber Foundation and what are their salaries?
Where can I find the form 990 for High Point Chamber Foundation?

Mission Statement of High Point Chamber Foundation

The High Point Chamber Foundation, a charitable organization, is committed to aiding the High Point Chamber of Commerce in its mission. One of the Foundation's primary objectives is to analyze and propose methods to enhance the public education environment in the local area. It achieves this by offering computer equipment as rewards to individuals who have earned the General Educational Development (GED) certification.

Beyond education, the Foundation also undertakes surveys to assess local facilities and infrastructure. The purpose of these surveys is to establish a perpetual index, which can serve as a valuable resource for companies considering relocating to the area, with the ultimate goal of attracting job opportunities to the local community. Furthermore, the High Point Chamber Foundation is dedicated to cultivating effective leaders for the community by providing relevant training and development programs.

Impact

This information is meant to be a general summary of High Point Chamber Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The High Point Chamber Foundation's impact includes promoting the advancement and dissemination of knowledge and understanding in economics, finance, education, training, science, and technology within the community of High Point, North Carolina, and its region. Additionally, it works to combat community deterioration and promote the development of a broadly-based economy in High Point and its surrounding areas. The foundation also engages in other charitable, educational, and scientific activities for the benefit of High Point and its region. In essence, the foundation plays a crucial role in fostering economic stimulation, business development, and civic engagement in the downtown core area of High Point.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $-600,005
  • Program Service Revenue: $0
  • Gross Receipts: $5,668,625

    • Assets and Liabilities:
  • Total Assets: $10,130,151
  • Total Liabilities: $3,615,855
  • Net Assets: $6,514,296
  • Organization Details

    Founding Year

    1977

    Principal Officer

    Rachel Moss Collins

    Main Address

    PO BOX 5025, HIGH POINT, NC, 27262

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of High Point Chamber Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.