Fenton Area Chamber of Commerce
  • Home
  • Chamber
    • About Us
    • Directory
    • Board of Directors
    • Major Events
    • Mobile App
  • News & Events
    • CALENDAR
    • EVENT REGISTRATION
    • EVENT SUBMISSION
    • PRESS RELEASES
    • CONSTRUCTION UPDATES
  • Photos
    • Area Photos
    • Monthly Luncheons
    • Ribbon Cuttings
    • Connect Over Coffee Events
    • Women's Breakfast
    • Trivia Night/Auction
    • Business/Community Events
    • Golf Tournament
  • Community
    • "Explore Fenton" Lifestyle Magazine
    • Our Community
    • Classified Ads
    • Coupons & Offers
    • City of Parks
  • Gov't
    • City Government
    • Missouri Government
    • Missouri U.S. Senators
  • Membership
    • Join Chamber
    • Group Health Insurance
    • Partnership List
  • |
  • Login
    • Member Support
  • Contact
  • Home
  • Chamber
    • About Us
    • Directory
    • Board of Directors
    • Major Events
    • Mobile App
  • News & Events
    • CALENDAR
    • EVENT REGISTRATION
    • EVENT SUBMISSION
    • PRESS RELEASES
    • CONSTRUCTION UPDATES
  • Photos
    • Area Photos
    • Monthly Luncheons
    • Ribbon Cuttings
    • Connect Over Coffee Events
    • Women's Breakfast
    • Trivia Night/Auction
    • Business/Community Events
    • Golf Tournament
  • Community
    • "Explore Fenton" Lifestyle Magazine
    • Our Community
    • Classified Ads
    • Coupons & Offers
    • City of Parks
  • Gov't
    • City Government
    • Missouri Government
    • Missouri U.S. Senators
  • Membership
    • Join Chamber
    • Group Health Insurance
    • Partnership List
  • |
  • Login
    • Member Support
  • Contact

Fenton Mo Joe

Picture
Joe Mueller shares news and insights on business and the community in the Fenton, Mo. region.

Restructuring For A Sustainable Future

12/10/2018

1 Comment

 
PictureFenton Area Chamber of Commerce 2019 Membership Fees
Financial strength and stability are essential for all successful non-profit organizations.
Our Chamber of Commerce possesses a legacy of financial strength and proper stewardship. Our sustainability can be attributed to membership retention and the participation of our members in our activities, advertising and sponsorship programs.
As I mentioned in my previous blog post, our Board of Directors possess three strong traits:
  1. They’re engaged in all facets of our Chamber’s operations
  2. They analyze our results and outcomes
  3. They’re biased toward action
During our Board of Director’s annual retreat in October, they rated their financial expectations in a survey. The result was an expectation of an annual budget surplus of approximately 5 to 10 percent.
The Board then requested a market analysis of the annual budgets, membership fees and other cost structures of similar Chambers in our region. The research revealed our Chamber membership fees are far below the average of approximately 12 neighboring Chambers in the region.
As they reviewed historical financial performance, they noted 2018 will be the third straight year of deficit spending. (However, the 2018 deficit was planned to cover the cost of an executive transition.)  If deficit spending continues, the Chamber would exhaust its reserves and cease to exist in a few years.
For the first time since 2015, the Board unanimously voted to restructure and increase membership fees, effective Jan. 1, 2019.  The number of employee-tiered classifications will be reduced from nine to five.  Partnership fees also will increase.
Even with the increase, three levels of membership fees will be below the market average and two will be at the average price.
After the Board unanimously approved the membership fee increase, it enabled them to unanimously pass a budget for 2019 with a 1-percent surplus.
No member services will be eliminated or reduced next year, nor will there be any staff reductions or salary increases. However, funds were approved for creating an employee retirement savings program.
When our members renew their membership with our Chamber—or a new business joins—the membership fee contributes to the fulfillment of our mission: promoting and supporting businesses throughout our region. Our member retention rate of greater than 85 percent shows our businesses value the Chamber’s mission and achievements.
Our staff and the Board of Directors pledge to continuously improve all aspects of our membership services and benefits. We hope you will continue to be a part of our organization as we serve businesses in our community and region.

1 Comment

Seeking Assistance To Improve Service

12/7/2018

0 Comments

 
PictureThe Maritz Campus, home of the Fenton Area Chamber of Commerce during the past several years.
​Our Board of Directors possesses three strong traits:
  1. They’re engaged in all facets of our Chamber’s operations
  2. They analyze our results and outcomes
  3. They’re biased toward action
Each year, our Board dedicates half a day for a retreat to review our performance and plan for the future. One area where there was unanimous agreement was the value of Maritz’s many contributions to our Chamber and the community.
As we reviewed our financial performance during the last few years and our membership growth during the past decade, it became clear that Maritz’s contribution of office space enabled measurable gains in membership and increases in the quality and quantity of various services to our business community in Fenton and the region.
In late August, our offices relocated to the north side of the Maritz campus. Mark Alspaw, the Vice President of Real Estate and Property Services at Maritz, and his team of associates helped us avoid almost all interruptions to our operations and customer services. They also provided additional signage.
As part of the Board’s ongoing review, they analyzed our new operating environment, our ability to serve our members, customers and the general public, and the Chamber’s ability to serve people throughout the region. This review led to formation of a steering committee to focus on finding an optimal location for our offices.
The steering committee requested our members be informed of our needs and solicited their assistance in this process.  We will be searching for office space that meets the following specifications:
  • Walk-in and easy access for people coming into the office space to do business
  • Highly visible from roadway
  • Approximately 3,000 square feet, three offices, a copier/production room, and a conference room
  • Adequate parking for at least 20 automobiles
  • Within Chamber budget
As with any process—but especially for a nonprofit organization of our size—the complexity and scope of this project will dictate our timeline.
If you would like to suggest an office or a location, please contact Joe Mueller, Executive Director, at exdir@fentonmochamber.com or (636) 717-0200.

0 Comments

    Joe Mueller

    The executive director of the Fenton Area Chamber of Commerce. Email Joe if you have a tip or new item.

    Archives

    July 2019
    May 2019
    March 2019
    February 2019
    December 2018
    November 2018
    October 2018

    Categories

    All
    Community Development
    Economic Development
    Elections
    Government
    Luncheon

About Us

The Fenton Area Chamber of Commerce supports, promotes & encourages shopping local and keeping business in Fenton. The organization also serves as a link between our members and the community,  providing members with tools to succeed in business through networking, marketing, and educational opportunities.

Contact us

WE'VE MOVED!
​NEW OFFICE LOCATION:
1315 North Highway Dr.
Fenton, MO 63099

OFFICE HOURS:
Monday - Friday | 9am - 4pm
or request an appointment
PHONE: 636-717-0200
FAX: 636-717-0214

CONNECT WITH US

Quick Links

Join the Chamber
Member Login
Events Calendar
Latest Newsletter
Members in the News
Classified Ad Listings
Coupons / Offers
Online Training / Tools

Partnered With:

Picture
Picture
Picture
Picture
COMMUNITY   |   CONNECTIVITY   |   RESOURCES   |   SOLUTIONS
Chamber Technology by Chamber Nation
Privacy Policy