Dupagebiz Nfp
- Assets
- $601.3k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 5
- Location
- Downers Grove, IL
- Founding
- 01/2007
- Data as of
- 11/2021
- EIN
- 32-0177792
Organization Overview
Dupagebiz Nfp is located in Downers Grove, IL. The organization was established in 2007. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 11/2021, Dupagebiz Nfp employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dupagebiz Nfp 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 11/2021, Dupagebiz Nfp generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $1.1m during the year ending 11/2021. While expenses have increased by 3.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE DUPAGE COUNTY AS A PREMIER GLOBAL BUSINESS LOCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATE JOBS AND ENHANCE THE BUSINESS CLIMATE IN AND ABOUT THE COUNTY OF DUPAGE, ILLINOIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Bedalov President & CEO | Officer | 37.5 | $196,699 |
Lisa Miceli Vice President - Economic | 37.5 | $113,736 | |
Michael Roth Secretary | OfficerTrustee | 1 | $0 |
Hugh Elliott Private Sector Chairman | OfficerTrustee | 1 | $0 |
Ahmed Elganzouri Former Private Sector Chai | OfficerTrustee | 1 | $0 |
Dan Cronin Public Sector Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $335,625 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $425,000 |
| 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 | $760,625 |
| Total Program Service Revenue | $345,960 |
| Investment income | $130 |
| 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 | $1,108,033 |
| 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. | $250,006 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $18,206 |
| Other salaries and wages | $221,212 |
| Pension plan accruals and contributions | $16,609 |
| Other employee benefits | $4,814 |
| Payroll taxes | $34,669 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,121 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,894 |
| Advertising and promotion | $417,536 |
| Office expenses | $14,150 |
| Information technology | $12,183 |
| Royalties | $0 |
| Occupancy | $37,960 |
| Travel | $404 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,717 |
| Interest | $111 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,553 |
| All other expenses | $2,517 |
| Total functional expenses | $1,115,283 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,569 |
| Savings and temporary cash investments | $400,676 |
| Pledges and grants receivable | $28,377 |
| Accounts receivable, net | $865 |
| 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 | $5,845 |
| 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 | $601,332 |
| Accounts payable and accrued expenses | $50,411 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $50,411 |
| Net assets without donor restrictions | $550,921 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $601,332 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dupagebiz Nfp has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Advocate Health And Hospitals Corporation Downers Grove, IL PURPOSE: COMMUNITY SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Financial Health Network Inc Chicago, IL | $19,686,455 | $18,603,239 |
Vocational Development Center Inc Council Bluffs, IA | $12,984,673 | $16,204,305 |
Southern Iowa Economic Development Association Ottumwa, IA | $4,848,905 | $15,262,424 |
St Louis Economic Development Partnership Saint Louis, MO | $27,235,860 | $13,883,018 |
Visit Indy Inc Indianapolis, IN | $20,981,890 | $14,589,218 |
Purchase Area Development District Inc Mayfield, KY | $0 | $14,269,202 |
Crosswalk Community Action Agency Inc West Frankfort, IL | $2,780,027 | $11,762,821 |
Wisconsin Dells Visitor & Convention Bureau Wisconsin Dells, WI | $26,952,168 | $17,110,395 |
Convention & Visitors Bureau Of Greater Kansas City Kansas City, MO | $12,878,337 | $11,432,355 |
Wbd Inc Madison, WI | $14,868,892 | $9,399,155 |
Brighton Park Neighborhood Council Chicago, IL | $4,048,275 | $8,262,492 |
Explore Branson Tourism Branson, MO | $1,396,845 | $7,616,014 |