Mount Prospect Downtown Merchants Association

Organization Overview

Mount Prospect Downtown Merchants Association is located in Mount Prospect, IL. The organization was established in 2008. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Prospect Downtown Merchants Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Mount Prospect Downtown Merchants Association generated $67.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $52.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (20.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.