Chicago Compensation Association is located in Naperville, IL. The organization was established in 1977. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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 Compensation Association 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 08/2022, Chicago Compensation Association generated $39.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $57.8k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) 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
2022
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL SEMINARS AND MEETINGS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shelli Worgess Exec Vice Pres | 1 | $0 | |
Brian Repsold Immed Past Pres | 1 | $0 | |
Wayne Wright Director | 1 | $0 | |
Chris Van Haren Director | 1 | $0 | |
Dave Carroll President | 1 | $0 | |
Warren Mueller Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $23,941 |
Membership dues | $14,094 |
Investment income | $1,080 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $39,115 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $46,910 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $262 |
Other expenses | $10,634 |
Total expenses | $57,806 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $101,061 |
Other assets | $0 |
Total assets | $104,599 |
Total liabilities | $23,212 |
Net assets or fund balances | $81,387 |
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