Chicago Finance Exchange Corporation
- Assets
- $211.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Frankfort, IL
- Founding
- 11/1982
- Data as of
- 01/2024
- EIN
- 36-3198333
Organization Overview
Chicago Finance Exchange Corporation is located in Frankfort, IL. The organization was established in 1982. 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 Finance Exchange Corporation 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 01/2024, Chicago Finance Exchange Corporation generated $113.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $111.0k during the year ending 01/2024. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
PROFESSIONAL MEETINGS WITH SPEAKERS ON A VARIETY OF FINANCE AND ACCOUNTING RELATED SUBJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Toni Diprizio President | 3 | $0 | |
Kathy Hosty President Elect | 3 | $0 | |
Cathy Hamilton Secretary | 3 | $0 | |
Aimee Urnikis Treasurer | 3 | $0 | |
Kim Rice Past President | 2 | $0 | |
Denise Brown Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,000 |
| Total Program Service Revenue | $6,730 |
| Membership dues | $96,880 |
| Investment income | $3,682 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $540 |
| Total Revenue | $113,832 |
| 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 | $915 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $110,115 |
| Total expenses | $111,030 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $211,897 |
| Other assets | $0 |
| Total assets | $211,897 |
| Total liabilities | $31,930 |
| Net assets or fund balances | $179,967 |