Chamber of Commerce for Greater Milford Inc.

Overview

The Chamber of Commerce for Greater Milford Inc. is a nonprofit organization designed to enhance business conditions in the Greater Milford area. It operates under the Internal Revenue Code as a 501(c)(6) business league, which typically includes chambers of commerce and real estate boards[2]. The organization's mission focuses on fostering balanced economic development by supporting civic, industrial, and commercial initiatives[1][5].

Mission and Objectives

The primary objective of the Chamber of Commerce for Greater Milford Inc. is to serve as a voice for the local business community. It advocates for the retention and expansion of jobs and businesses, aiming to make the Greater Milford area an attractive place to live, work, and play[1][5]. By connecting businesses and facilitating their growth, the chamber plays a crucial role in the regional economy.

Governance and Leadership

As of the latest available data, the chamber's leadership includes Angela Hodges as President and Jennifer Hess as Vice President. The executive director, Joanne Schmeiser, receives compensation for her role. Other key officers and directors do not receive compensation for their services[2]. The chamber's board consists of several directors from various local businesses, ensuring diverse perspectives in its governance.

Financial Operations

The chamber generates revenue primarily from program services, contributing over 56% of its total revenue. Contributions and other revenue sources also play significant roles, contributing to its overall financial stability[2]. Its assets are substantial, reflecting its capacity to manage and invest in local economic development initiatives.

Activities and Events

While specific events are not detailed in the available data, the chamber likely engages in activities typical of such organizations, including networking events, business promotions, and community development projects. These activities are designed to promote economic growth and enhance community engagement.

Conclusion

The Chamber of Commerce for Greater Milford Inc. is a vital entity in the regional business landscape, dedicated to fostering economic growth and community development. Its role as a facilitator and advocate for local businesses makes it an essential component of the Greater Milford area's economic health.