Bolingbrook Area Chamber Of Commerce Inc

Organization Overview

Bolingbrook Area Chamber Of Commerce Inc is located in Bolingbrook, IL. The organization was established in 2000. 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 06/2021, Bolingbrook Area Chamber Of Commerce Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bolingbrook Area Chamber Of Commerce Inc 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 06/2021, Bolingbrook Area Chamber Of Commerce Inc generated $391.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $374.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND PROVIDE SERVICES FOR BUSINESSES IN THE BOLINGBROOK AREA

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE OPPORTUNITIES FOR BUSINESSES TO INTERACT WITH EACH OTHER THROUGH MEETING AND OTHER ACTIVITIES. ALL MEMBERS CAN ATTEND.


PROMOTE BUSINESSES WITH THE BUSINESS EXPO, MIM FEST, MEMBER DIRECTORY, PARAGE AND OTHER ACTIVITES. ALL MEMBERS CAN PARTICIPATE.


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Board, Officers & Key Employees

Name (title)Compensation
Roxanne Conrad
Chairman
$0
Billy Hearth
Chair Elect
$0
Neal Smith
Past Chairma
$0
Derek Cazeau
Director
$0
Tom Castagnoli
Director
$0
Andy Douglas
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$212,198
Fundraising events$0
Related organizations$0
Government grants $52,000
All other contributions, gifts, grants, and similar amounts not included above$7,799
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$271,997
Total Program Service Revenue$107,371
Investment income $33
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $11,775
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $391,176

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Bolingbrook Area Chamber Of Commerce Inc has recieved totaling $16,000.

Awarding OrganizationAmount
Adventist Bolingbrook Hospital

Bolingbrook, IL

PURPOSE: GENERAL SUPPORT

$16,000
View Grant Recipient Profile

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