Salem Area Chamber of Commerce

SALEM, OR EIN: 93-0138235 Website

TO DEVELOP, ENCOURAGE, PROMOTE AND PROTECT THE COMMERCIAL, PROFESSIONAL, INDUSTRIAL, AGRICULTURAL, FINANCIAL, ECONOMIC AND GENERAL BUSINESS INTERESTS OF THE CITY OF SALEM, OREGON, AND AREA TRIBUTARY THERETO; TO FOSTER, DEVELOP AND PROTECT ITS INDUSTRY; TO ENCOURAGE THE DEVELOPMENT OF THE TRANSPORTATION AND COMMERCIAL FACILIITES AND THE VARIOUS RESOURCES OF THE AREA; TO STUDY, ENCOURAGE, DEVELOP, INVESTIGATE AND RESEARCH PLANS AND PROJECTS FOR THE BUSINESS AND ECONOMIC WELFARE OF THE AREA AND TO PROMOTE THE CIVIC INTERESTS AND GENERAL WELFARE OF THE COMMUNITY.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.1M

-7.2% YoY

Annual Giving

$30K

-62.5% YoY

Grant Count

1

-85.7% YoY

Avg Grant Size

$30K

+162.5% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$513K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$1,132,840$1,221,227$1,425,209
Revenue$1,390,217$1,866,376$1,373,075
Expenses$1,479,063$1,673,265$1,260,700
Qualifying Distributions
Net Investment Income$12,971$117,256$65
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K0 grants20200 grants20210 grants20227 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

DEFEAT THE TAX ON SALEM …$30K

Grant Size Distribution

8 grants across all recorded years

8<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Salem Area Chamber of Commerce fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

THOMAS A HOFFERTCEO$173K

From 2024 filing

NameTitleHoursCompensation
MIKE HERRONPRESIDENT1
BRANDON BLAIRSECRETARY1
RYAN DEMPSTERTREASURER1
RICH DUNCANVP OF BUSINESS ADVOCACY1
TED FERRYPRESIDENT -ELECT1
KATYA MENDEZVP OF EVENTS & PROGRAMMING1
ALAN RASMUSSENPAST PRESIDENT1
ANGELA WILLIAMSVP OF MEMBERSHIP1
JONATHAN CASTRO MONROYDIRECTOR1
TAMMY DENNEEDIRECTOR1
JEFF DUNNDIRECTOR1
LUCY ESCOBARDIRECTOR1
JULI FOSCOLIDIRECTOR1
ROGER HOYDIRECTOR1
JENNIFER MARTINDIRECTOR1
DAN MCDOWELLDIRECTOR1
DIANE MCLARANDIRECTOR1
TYSON PRUETTDIRECTOR1
CONNOR REITENDIRECTOR1
BILL RIECKEDIRECTOR1
QUANDRAY ROBERTSONDIRECTOR1
RANDY SUTTONDIRECTOR1
ERIC TEMPLETONDIRECTOR1
JIM VUDIRECTOR1
CHRISTY WITZKEDIRECTOR1
THOMAS A HOFFERTCEO40$173,245

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

McminnvilleSalem

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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