Chicago Commonwealth Club is located in Lisle, IL. The organization was established in 1942. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Commonwealth Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2022, Chicago Commonwealth Club generated $43.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $37.7k during the year ending 05/2022. While expenses have increased by 6.9% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CLUB OPEN TO ALL FOR THE IMPARTIAL DISCUSSION OF PUBLIC ISSUES IMPORTANT TO THE MEMBERSHIP, COMMUNITY, AND NATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jon P Talty President | 1 | $0 | |
Lawrence A Thuet Jr Secretary | 0 | $0 | |
John Livingston First Vice Pres | 0 | $0 | |
Thomas W Smithburg Secnd Vice Pres | 0 | $0 | |
John F Podjasek III Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $6,999 |
Membership dues | $36,225 |
Investment income | $17 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $146 |
Total Revenue | $43,387 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $19,418 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $18,269 |
Total expenses | $37,687 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $65,930 |
Other assets | $0 |
Total assets | $65,930 |
Total liabilities | $0 |
Net assets or fund balances | $65,930 |
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