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SARANAC LAKE AREA CHAMBER OF COMMERCE

SARANAC LAKE, NY · EIN 510197092 · Form 990 · FY2023 · Small ($100K-$1M) · slareachamber.org
revenue
$211K
expenses
$195K
net assets
$43K
employees
2
program ratio
42%
mission · from form 990

TO GENERATE ECONOMIC DEVELOPMENT THROUGH PROMOTIONAL AND MARKETING AND BUSINESS BUILDING INITIATIVES THAT FOCUS ON THE CRITICAL PRIORITIES OF THE SARANAC LAKE COMMUNITY.

profile · synthesized from sources

The Saranac Lake Area Chamber of Commerce promotes economic development in the greater Saranac Lake, NY region by supporting local businesses through networking, professional development, and community-building initiatives. It serves as a catalyst for business growth and community engagement, offering membership benefits that include insurance access, marketing, and member-to-member discounts. The organization emphasizes values like equity, integrity, and transformation in its operations.

named programs · 3 · from sources

What they call their work

Business Membership Program
Membership tiers for businesses, nonprofits, and individuals providing access to insurance, marketing, and development resources
Member to Member Discounts
Chamber-led program enabling member businesses to offer exclusive savings to other members, promoting local spending and business relationships
Professional Development & Networking
Workshops and events connecting local businesses to foster collaboration, growth, and community investment
activities · 4 groups

What they do

  • Business Member Promotion Services 1 activity
    • Economic development through promotional and marketing initiatives
      Conducts promotional, marketing, and business-building initiatives to support economic development in the Saranac Lake community, leveraging chamber resources and member engagement.
  • Union and Association Benefit Funds 1 activity
    • Member access to insurance services
      Provides Chamber members with access to a full-service insurance division as part of membership benefits.
  • Member Business Referral & Discount Programs 1 activity
    • Member-to-member discount program
      Operates a program enabling Chamber members to offer exclusive savings on products and services to fellow members, fostering local economic collaboration.
  • Professional Association Capacity Building 1 activity
    • Professional development and networking programs for businesses
      Offers professional development workshops and networking events to support member businesses in building capacity and connections.
financials · form 990 · fy2023
revenue
Total revenue$211K
Contributions & grants$63K30%
Program service revenue$149K70%
Investment income$50%
Other revenue$0
expenses
Total expenses$195K
Program expenses42%
Admin / overhead58%
Fundraising0%
Salaries & benefits$110K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$123K
Cash$111K
Investments$0
Liabilities$80K
Net assets$43K
Liquid reserves6.8 mo
3 years on record · 2019–2023 · YoY revenue +25.0%
relationships · 17

Who they work with

  • Above the Treeline Partner — Organization represented by board president Chrissie Wais
  • Adirondack Diversity Initiative Partner — Organization represented by board member Tiffany Rea-Fisher
  • Adirondack Regional Airport Partner — Organization represented by board treasurer Corey Hurwitch
  • Bionique Partner — Organization represented by board member Cynthia Martino
  • CAN AM Rugby Partner — Organization represented by board member Cameron Moody
  • Citizen's Advocates Partner — Organization represented by board secretary Amy Wenske
  • Community Bank N.A Partner — Organization represented by board member Katie Stephenson
  • Facebook Partner — Uses Facebook as a platform for outreach and communication with the public.
  • Hotel Saranac Partner — Organization represented by board vice president Josh King
  • Instagram Partner — Uses Instagram to share content and engage with visitors and members.
  • NYS Dept. of Civil Service Government — Organization represented by board member Martha Spear
  • North Country Chamber of Commerce Partner — Partner organization providing licensed insurance brokers to assist Saranac Lake Area Chamber of Commerce members.
  • North Country Community College Partner — Organization represented by board member Chris Knight
  • Northern Power & Light Partner — Organization represented by board member Emmett Smith
  • SL Area Chamber Network — Member organization operating under the name SARANAC LAKE AREA CHAMBER OF COMMERCE.
  • Scotts Florist Partner — Organization represented by board member Isabel Williams
  • Wilkins Agency Partner — Organization represented by board member Mike Navarra
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.