Illinois Valley Area Chamber Of Commerce And Economic Development

Organization Overview

Illinois Valley Area Chamber Of Commerce And Economic Development is located in Peru, IL. The organization was established in 1942. 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. As of 12/2022, Illinois Valley Area Chamber Of Commerce And Economic Development employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Valley Area Chamber Of Commerce And Economic Development 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, Illinois Valley Area Chamber Of Commerce And Economic Development generated $356.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $240.8k during the year ending 12/2022. While expenses have increased by 0.1% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE ILLINOIS VALLEY ECONOMY BY ATTRACTING NEW JOBS AND ENHANCING EXISTING BUSINESS WHILE VALUING QUALITY OF LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMITTEE ACTIVITY AND COMMUNICATIONS


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Bill Zens
Executive Dir.
$84,615
Penny Volkert
Operations
$56,581
Steve Wrobleski
Vice President
$0
David Loveland
Treasurer
$0
Jeff Borelli
President
$0
Jonathan Allen
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$297,267
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$297,267
Total Program Service Revenue$1,500
Investment income $23
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $57,193
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $356,183

Create an account to unlock the data you need.

or