Villa Park Chamber Of Commerce is located in Villa Park, IL. The organization was established in 2001. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Villa Park 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 12/2021, Villa Park Chamber Of Commerce generated $41.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $32.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
THE VILLA PARK CHAMBER OF COMMERCE IS ORGANIZED FOR THE PURPOSE OF ADVANCING THE COMMERCIAL, INDUSTRIAL, AND CIVIC INTEREST OF THE VILLAGE OF VILLA PARK AND VICINITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alesia Bailey Executive Director | 35 | $16,210 | |
Leonard Loverher Board Member | 1 | $0 | |
Jeff Stulgin Board Member | 1 | $0 | |
Danielle Brink Board Member | 1 | $0 | |
Matt Schmit Board Member | 1 | $0 | |
Alex Saucedo Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $26,268 |
Total Program Service Revenue | $0 |
Membership dues | $16,245 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$1,422 |
Other Revenue | $2 |
Total Revenue | $41,093 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $16,210 |
Professional fees and other payments to independent contractors | $3,335 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $12,688 |
Total expenses | $32,233 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $39,031 |
Other assets | $0 |
Total assets | $41,420 |
Total liabilities | $0 |
Net assets or fund balances | $41,420 |
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