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Filing year 2024

LAKE PLACID CHAMBER OF COMMERCE INC

Lake Placid, New York·EIN 14-1354120·6
Total revenue
$6.4M
Total assets
$3.4M
Total expenses
$6.6M
Reported officers
14
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.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO (prior)
Median to 75th percentile
$145k
$157k
Base
$131k
Bonus
$14k
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Down 33%
from 2023

From $216k in 2023 to $145k in 2024.

$216k
2023
$145k
2024
In today's dollarsEst.
Down 35% in real terms$241k to $157k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

LAKE PLACID CHAMBER OF COMMERCE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.2M
$5.8M
2023
$6.4M
$6.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LAKE PLACID CHAMBER OF COMMERCE INC

What does the Chief Executive Officer of LAKE PLACID CHAMBER OF COMMERCE INC earn?

In 2024, the Chief Executive Officer of LAKE PLACID CHAMBER OF COMMERCE INC received $144,982 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LAKE PLACID CHAMBER OF COMMERCE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at LAKE PLACID CHAMBER OF COMMERCE INC falls between the median and the 75th percentile.

What are LAKE PLACID CHAMBER OF COMMERCE INC's revenue and expenses?

In 2024, LAKE PLACID CHAMBER OF COMMERCE INC reported $6.4M in total revenue and $6.6M in total expenses on its IRS Form 990.

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