Oswego Area Chamber Of Commerce
- Assets
- $378.5k
- Revenue
- $204.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Oswego, IL
- Founding
- Data as of
- 12/2021
- EIN
- 36-3712848
Organization Overview
Oswego Area Chamber Of Commerce is located in Oswego, IL. As of 12/2021, Oswego Area Chamber Of Commerce employed 2 individuals. Oswego Area 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, Oswego Area Chamber Of Commerce generated $204.3k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $183.1k during the year ending 12/2021. While expenses have increased by 2.7% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CHAMBER OF COMMERCE PROMOTES BUSINESS NETWORKING ACTIVITIES AND PERFORMS VARIOUS FUNCTIONS TO INTRODUCE THE GENERAL PUBLIC TO THE MEMBERSHIP
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS EXPO - EVENT THAT SHOWCASES THE CHAMBERS MEMBERS TO THE ENTIRE COMMUNITY, THROUGH A TRADE SHOW OF CHAMBER MEMBERS.
ANNUAL MEETING - CELEBRATES THE ACCOMPLISHMENTS OF THE CHAMBER AND LOOKS TO FUTURE OPPORTUNITIES.
INSPIRING WOMEN - MISSION TO OFFER PROFESSIONAL EVENTS HOSTED BY THE WOMEN OF THE OSWEGO CHAMMBER OF COMMERCE TO OFFER NETWORKING AN DINFORMATIVE WORKSHOPS AND SPEAKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angie Hibben Executive Direc | Officer | 40 | $64,778 |
Kelley Rice Secretary | Officer | 1 | $0 |
Javan Bonham Treasurer | Officer | 1 | $0 |
Keith Moore Vice Chairman | Officer | 1 | $0 |
Brook Henschen Chairman | Officer | 1 | $0 |
Jonathan Henderson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $21,006 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,006 |
| Total Program Service Revenue | $124,309 |
| Investment income | $13 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $49,521 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $204,308 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $64,778 |
| Compensation of current officers, directors, key employees. | $32,389 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,772 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,840 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,719 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,941 |
| Office expenses | $3,313 |
| Information technology | $1,464 |
| Royalties | $0 |
| Occupancy | $20,250 |
| Travel | $1,652 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $461 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,540 |
| All other expenses | $8,591 |
| Total functional expenses | $183,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $214,964 |
| Savings and temporary cash investments | $99,992 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $63,527 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $378,483 |
| Accounts payable and accrued expenses | $393 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $282,927 |
| Total liabilities | $283,320 |
| Net assets without donor restrictions | $95,163 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $378,483 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oswego Area Chamber Of Commerce has recieved totaling $7,422.
| Awarding Organization | Amount |
|---|---|
Edward Hospital Naperville, IL PURPOSE: TO SUPPORT ECONOMIC GROWTH, ACTIVE ENGAGEMENT AND ADVOCACY FOR THE BUSINESS COMMUNITY. | $7,422 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Divine Savior Healthcare Inc Portage, WI | $146,404,206 | $99,548,163 |
Jackson Park Hospital Foundation Chicago, IL | $132,629,667 | $107,987,360 |
Avera St Marys Pierre, SD | $117,040,382 | $106,933,224 |
St Margarets Health Spring Valley Spring Valley, IL | $107,727,640 | $91,881,221 |
Procter & Gamble Benefit Plan Trust Cincinnati, OH | $69,184,153 | $97,679,425 |
United Church Homes Inc Marion, OH | $230,951,491 | $117,776,158 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
Public Interest Registry Reston, VA | $67,348,678 | $103,286,594 |
University Pediatric Associates Inc Indianapolis, IN | $25,897,136 | $100,827,780 |
Alexian Brothers Ambulatory Group St Louis, MO | $321,335,814 | $68,677,417 |
Samaritas Detroit, MI | $92,322,257 | $101,009,415 |
Cckc4 Inc Wichita, KS | $1,278,082,464 | $69,570,660 |