Tuesday, February 25, 2014

#Lovemychamber - Return on Investment (ROI) from my annual chamber membership - Reason #20 - Political Advocacy in Government Affairs

Government Affairs - your local chamber of commerce is actively involved in protecting your business interests 365 days a year. Quantify those savings:

Example: The Las Vegas Chamber's work in Government Affairs led to the defeat of 4% union sponsored business tax that saved $250 million per year. $250 million/approx. 55,000 business licenses in Nevada - $4545 in new taxes saved per business.

Reasons to #LoveMyChamber - The Chamber Membership Value Proposition - Chamber of Commerce annual dues: Around $250. Value of the Chamber of Commerce Benefit Reason #20 - Political Advocacy on Your Behalf  $4545 - Return On Investment Features #1-#20 = $15,895; Total Return On Investment for Annual Chamber Membership - 6358 %.

Source: Mike Varney, former marketing VP, Las Vegas Chamber of Commerce (via Kyle Sexton)


Chamber of Commerce Questions and Answers on Political Advocacy



It will jeopardize our tax status.
Actually, it wont. In1975, the tax code was changed to permit a 501(c)6 organization to administer and solicit funds for political activities. As a result, today many chambers are forming political action committees to endorse and support pro-business candidates.

Source: Cholly Smith, US Chamber of Commerce

 --

John Dussman is Midwest Manager for VillageProfile.com, working with chambers in Arkansas, Illinois, Indiana, Kentucky, Michigan and Missouri. More than 1500 U. S. Chambers of Commerce have trusted Village Profile to produce their Membership Directories, Community Profiles, Economic Development magazines and Chamber of Commerce Maps. Contact John at jdussman.vp@villageprofilemail.com or (800)-600-0134 x239. 

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.