Phone: 501-321-1700 Fax: 501-321-3551                                                               
659 Ouachita Ave.
Hot Springs, AR 71901
www.hotspringschamber.com

 

 

Chamber Investment Guidelines  

The annual investment of a prospective member firm should be based on its stake in the community, as well as, in the Chamber.  We have many member firms that pay well above the minimum investments outlined here.  The minimum investment for Chamber membership is $250 annually.

 

Membership is renewed each year on the member’s anniversary date and will be invoiced for renewal at that time.  For the purpose of determining annual investment, two part-time employees equal one full-time employee and only those employed in the greater Hot Springs area should be considered.  

 

Schedule I

# of Employees  Suggested Investment

1-4                                $250

5-9                                $300

10-19                            $350

20-29                            $425

30-39                            $491

40-49                            $565

50-74                            $637

75-99                            $710

100-149                        $855

150-199                        $950

200-249                        $1080

250-299                        $1225

300-399                        $1475

400-499                        $1850

500 Plus            $2000+$2.00 per employee over 500

 

Schedule II – Financial

Banks, Savings & Loans            $25*  

Finance Companies                   $15*

(under 10 million in deposits, use schedule I)

*Per million in year end deposits

 

Schedule III

(Insurance, investment and real estate firms)

Schedule I plus $150 for each additional associate who wants a separate listing.

 

Schedule IV – Rental Properties

(Apartments, mobile home & RV parks, resorts, condos)

Dues: Schedule I plus $1 per unit over 50

 

Schedule V – Hotels/Motels

Primary                             $10 per guest room

(Facility that has all of the following: meeting space, restaurant and lounge)

Secondary                           $8 per guest room

(Facility that has one of the following: meeting space, restaurant and lounge)

Support                               $6 per guest room

(Facility only has guest rooms)

*Please Note: Above investments are based on number of rooms.  All properties would pay a minimum of $250 a year or as per Schedule III, whichever is greater.  Any property wishing to have a separate listing for a restaurant or lounge would need to have a separate membership investment base of $250 annually.

 

Schedule VI – Professionals

(Physicians, attorneys, engineers, accountants, etc.)

Individual Practice               $250

Partnership                         $350

Each Additional Associate   $150

 

Schedule VII – Non-Profit Organizations

(Civic, community and non-profit organizations with total staffing of 11 or less)

Dues: $150

 

Schedule VIII – Personal Membership

(No business affiliation – retirees, students, etc.)

Dues: $150

 

 

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