Chicago Central Area Committee
- Assets
- $36.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/1958
- Data as of
- 12/2020
- EIN
- 36-2318849
Organization Overview
Chicago Central Area Committee is located in Chicago, IL. The organization was established in 1958. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Central Area Committee 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 12/2020, Chicago Central Area Committee generated $151.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $130.9k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
THE CHICAGO CENTRAL AREA COMMITTEE (CCAC) IS AN ACTIVE COALITION OF THE CITY'S TOP BUSINESS EXECUTIVES DEVOTED TO MAKING CHICAGO A BETTER PLACE TO LIVE, WORK AND CONDUCT BUSINESS. SINCE ITS INCEPTION IN 1956, THE CCAC REMAINS COMMITTED TO STRENGTHENING THE IMAGE AND VIABILITY OF THE CHICAGO AREA. THE AGENDA FOCUSES ON ORGANIZING TOP TALENT IN THE AREAS OF ARCHITECTURE, PLANNING, DESIGN, HIGHER EDUCATION, LAW AND OTHERS TO STUDY AND VISION ECONOMIC DEVELOPMENT OPPORTUNITIES FOR KEY AREAS IN THE CITY.
THE CHICAGO CENTRAL AREA COMMITTEE (CCAC) IS AN ACTIVE COALITION OF THE CITY'S TOP BUSINESS EXECUTIVES DEVOTED TO MAKING CHICAGO A BETTER PLACE TO LIVE, WORK AND CONDUCT BUSINESS. SINCE ITS INCEPTION IN 1956, THE CCAC REMAINS COMMITTED TO STRENGTHENING THE IMAGE AND VIABILITY OF THE CHICAGO AREA. THE AGENDA FOCUSES ON ORGANIZING TOP TALENT IN THE AREAS OF ARCHITECTURE, PLANNING, DESIGN, HIGHER EDUCATION, LAW AND OTHERS TO STUDY AND VISION ECONOMIC DEVELOPMENT OPPORTUNITIES FOR KEY AREAS IN THE CITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly O'brien Executive Director & Secre | 17.5 | $96,243 | |
Bob Chodos Executive Committee Member | 1 | $0 | |
Donald Resnick Executive Committee Member | 1 | $0 | |
Tyler Meyr Executive Committee Member | 1 | $0 | |
Stephen Galler Executive Committee Member | 1 | $0 | |
Greg Hummel Chairman & Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $151,802 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,802 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $104,443 |
| Professional fees and other payments to independent contractors | $2,075 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,352 |
| Total expenses | $130,870 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,973 |
| Other assets | $0 |
| Total assets | $35,973 |
| Total liabilities | $0 |
| Net assets or fund balances | $35,973 |
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