Willowbrook-Burr Ridge Chamber Of Commerce is located in Willowbrook, IL. The organization was established in 2003. 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. Willowbrook-Burr Ridge 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, Willowbrook-Burr Ridge Chamber Of Commerce generated $75.0k 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 (3.2%) each year. All expenses for the organization totaled $64.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.2%) 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 CHAMBER STRIVES TO ENHANCE THE BUSINESS ENVIRONMENT AND INCREASE THE ECONOMIC GROWTH OF ITS MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kyle Wetzel President | 0 | $0 | |
Debbie Hamilton Vice Preside | 0 | $0 | |
Brad Kmetz Treasurer | 0 | $0 | |
John Adolf Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $42,093 |
Total Program Service Revenue | $32,934 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $75,027 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $36,444 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,644 |
Other expenses | $26,830 |
Total expenses | $64,918 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $60,804 |
Other assets | $0 |
Total assets | $60,804 |
Total liabilities | $20,771 |
Net assets or fund balances | $40,033 |
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