Public Charity

LAKE PLACID CHAMBER OF COMMERCE INC

LAKE PLACID CHAMBER OF COMMERCE INC is a Public Charity headquartered in LAKE PLACID, NY. Financial data from the 2024 filing: $6.4M revenue, $6.6M expenses, $3.4M total assets.

EIN: 141354120 LAKE PLACID, NY Latest filing: 2024
Total Revenue$6.4M
Total Expenses$6.6M
Total Assets$3.4M
Grant Records0
Filing Years2019–2024

Mission

LAKE PLACID CHAMBER OF COMMERCE, INC. DBA "THE REGIONAL OFFICE OF SUSTAINABLE TOURISM / LAKE PLACID CVB" IS THE DESTINATION PLANNING AND MARKETING ORGANIZATION FOR ESSEX COUNTY, FRANKLIN COUNTY, HAMILTON COUNTY, AND THE TRI-LAKES REGION INCLUDING LAKE PLACID, LEADING ECONOMIC GROWTH THROUGH TOURISM.

Where $100 goes at Lake Placid Chamber of Commerce Inc

How Lake Placid Chamber of Commerce Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$92 Programs the work itself
$8 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $92 for programs

$92
Promotion of business, trade and tourism in essex county, new york; franklin county, new york; and hamilton county, new york, including the townships and hamlets comprising those counties
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Alex Madden
VICE CHAIR Chandler Ralph
DIRECTOR Favor Smith
TREASURER Garrick Smith
SECRETARY Hillarie Logan-Dechene
CEO (PRIOR) James B Mckenna

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $6.4M $6.6M $3.4M
2023 $5.2M $5.8M $3.4M
2022 $7.7M $7.1M $5.4M
2020 $4.6M $3.7M $3.1M
2019 $4.9M $5.0M $1.1M

Between 2019 and 2024, reported annual revenue grew from $4.9M to $6.4M (+30%), with total assets most recently reported at $3.4M.

Interactive year-over-year charts and full filing details available with membership.

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