River North Association Ltd

Organization Overview

River North Association Ltd, operating under the name Greater River North Business Association, is located in Chicago, IL. The organization was established in 1987. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Environment and related organizations. As of 12/2021, Greater River North Business Association employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater River North Business 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 12/2021, Greater River North Business Association generated $138.1k 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 (12.1%) each year. All expenses for the organization totaled $241.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

SEASONAL EVENTS TO PROMOTE LOCAL BUSINESS


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$32,449
Total Program Service Revenue$38,816
Membership dues$66,805
Investment income $20
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$138,090

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