Western Dupage Chamber Of Commerce
- Assets
- $46.7k
- Revenue
- $279.4k
- Investments
- $0.0
- Employees
- 3
- Location
- West Chicago, IL
- Founding
- Data as of
- 12/2022
- EIN
- 27-4553025
Organization Overview
Western Dupage Chamber Of Commerce is located in West Chicago, IL. As of 12/2022, Western Dupage Chamber Of Commerce employed 3 individuals. Western Dupage Chamber Of Commerce 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 12/2022, Western Dupage Chamber Of Commerce generated $279.4k 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 (3.6%) each year. All expenses for the organization totaled $292.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ASSISTANCE & SUPPORT FROM LOCAL, REGIONAL BUSINESSES, BY PLANNING AND MANAGING ACTIVITIES & EVENTS, PROVIDING TRAINING & SEMINARS, ACTING AS AN ADVOCATE FOR BUSINESS WITH LOACAL GOVERNING BODIES AND MAKING REFERRALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDIRECT STAFF COSTS - MOSTLY STAFF PAYROLL AND RELATED PAYROLL COSTS. IT INCLUDES OTHER VARIOUS PROGRAM EXPENSES THAT WERE NOT ALLOCATED TO A SPECIFIC EVENTS
SUMMER DAZE - IS THE SINGLE LARGEST EVENT HELD IN WARRENVILLE, IL AND THE CITY OF WARRENVILLE HANDLES ALL THE GRANT & FEE MONEY, THE SPONSORS, VENDORS, ENTERTAINMENT AND PAYS ALL THE BILLS. THE PURPOSE IS TO BRINGVISITORS TO THE COMMUNITY AND SHOWCASE THE CITY TO RESIDENTS AND VISITORS ALIKE.
RAILROAD DAYS - THE SINGLE LARGEST EVENT HELD IN WEST CHICAGO. THE PURPOSE IS TO BRING VISITORS TO THE COMMUNITY AND SHOWCASE THE CITY TO RESIDENTS AND VISITORS ALIKE. THE CHAMBER SECURED PARTICIPATION BY SEVERAL LOCAL RESTAURANTS AND GROUPS, LOCAL PERFORMERS, AND LOCAL BUSINESSES. GROSS ATTENDANCE WAS ESTIMATED AT 15,000 PEOPLE OVER THE 4 DAYS.
GOLF OUTING - THE ANNUAL GOLF OUTING HELD BY THE CHAMBER PROVIDES AN OPPORTUNITY FOR BUSINESSES TO SUPPORT THE ONGOING PROGRAMMING WHILE ALSO SHOWCASING THEIR BUSINESS (AS SPONSORS) AND NETWORKING WITH FELLOW BUSINESS OWNERS, MANAGERS, CLIENTS, AND STAFF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sabanthe President | OfficerTrustee | 40 | $92,075 |
Allan Gilbert Director | Trustee | 1 | $0 |
Efrain Aguilar Director | Trustee | 1 | $0 |
Steve Schwarz Director | Trustee | 1 | $0 |
Uwe Gsedl Director | Trustee | 1 | $0 |
Frank Lenertz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $102,862 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,862 |
| Total Program Service Revenue | $176,531 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $279,397 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,075 |
| Compensation of current officers, directors, key employees. | $46,037 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,515 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,084 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $275 |
| Fees for services: Accounting | $1,405 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $195 |
| Office expenses | $5,087 |
| Information technology | $6,752 |
| Royalties | $0 |
| Occupancy | $9,446 |
| Travel | $6,050 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $507 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,839 |
| All other expenses | $23,710 |
| Total functional expenses | $292,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,656 |
| Savings and temporary cash investments | $3,994 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $37 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $46,687 |
| Accounts payable and accrued expenses | $11,852 |
| Grants payable | $0 |
| Deferred revenue | $2,827 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,679 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $32,008 |
| Total liabilities and net assets/fund balances | $46,687 |