Grundy County Chamber Foundation
- Assets
- $156.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morris, IL
- Founding
- 03/2008
- Data as of
- 12/2022
- EIN
- 20-8884086
Organization Overview
Grundy County Chamber Foundation is located in Morris, IL. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grundy County Chamber Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Grundy County Chamber Foundation generated $84.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $84.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Adler Secretary | 1 | $0 | |
Christina Van Yperen President & CEO | 1 | $0 | |
Jaclyn Aldridge Vice Chairman | 1 | $0 | |
John Harrington Treasurer | 1 | $0 | |
Megan Borchers Chair | 1 | $0 | |
Matt Fritz Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,999 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $203 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,202 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $987 |
| Occupancy, rent, utilities, and maintenance | $10,200 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,795 |
| Total expenses | $84,082 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,325 |
| Other assets | $0 |
| Total assets | $156,654 |
| Total liabilities | $12,500 |
| Net assets or fund balances | $144,154 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Grundy County Chamber Foundation has recieved totaling $19,828.
| Awarding Organization | Amount |
|---|---|
Morris Downtown Development Partnership Inc Morris, IL PURPOSE: This Org is dissolved. | $11,993 |
Morris Downtown Development Partnership Inc Morris, IL PURPOSE: Sign donated to Chamber Foundation | $7,835 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |
Foundation For The Realization Of Human Potential Nfp Chicago, IL | $6,540,045 | $5,725,099 |