To our valued members,
We write today to thank you, to update you on our work on your behalf, and to ask for your continued support. It doesn’t seem possible that we are closing in on a full year of living in the shadows of a global pandemic. Every day, we are inspired by your resilience and innovation in response to this once-in-a-lifetime challenge.
Despite the devastating effects of the pandemic on local businesses and organizations, we are proud to report that our 2020 membership dues revenue stands at 85% of dues collected over the same period in 2019. Our gratitude for your support is overwhelming, and your recognition of the importance of working together as a region is admirable in these challenging times.
While strong retention of our members is welcome news, membership dues revenue typically accounts for about half of the Chamber’s income annually. The remainder of our budget is traditionally funded through advertising sales and a variety of large and small events; both of these revenue sources have been hit hard by the effects of the pandemic. We have already implemented a 34% reduction in expenses from 2019, including staff reductions, and are working hard to close the gap with additional revenue rather than additional cuts.
Even with these challenges, we are encouraged by the level of service we have been able to provide to our members and the broader business community in the Camden-Rockland Region in 2020, and we’ll continue to be here for you in 2021. Click here for a listing of just some of the ways the Chamber has been at work for you.
Given that the pandemic has significantly hampered our efforts to generate non-dues revenue, we have decided to reach out to our members and communities to invite your additional support of the Chamber. We fully recognize that many of our local businesses and organizations have struggled to survive, and our philosophy continues to be that we are here for you regardless of your ability to pay dues or otherwise support the Chamber financially right now. However, there are others who have weathered the storm a bit better and are able to support the programs and services of the Chamber in a variety of ways.
If you are able to help, here are a few ideas:
Give to our Fundraising Appeal – Yes, it’s true that Chambers of Commerce don’t typically conduct an appeal for funds, but we’re sure you’ll agree that this has not been a typical year. We are most grateful to have already received several gifts to this fundraising appeal, and those donors are recognized below. Your support of the Chamber will help us to sustain our work to support local businesses during the pandemic and beyond, and to continue our traditional economic development and tourism promotion work.
Join the Chamber – Some of you reading this letter value the Chamber for the information, resources, and support that the organization provides, but for a variety of reasons, have never taken a few minutes to become a member. If you’re in that category, then consider yourself invited to join!
Please know that the Chamber is here for you regardless of your ability to help right now. Keep in touch with us with your ideas and your concerns. Use us as a resource to connect you with support that is available from local, state and federal sources. And most of all, stay safe. We’ll get through this – together.
President & CEO