Addison Chamber Of Commerce And Industry is located in Addison, IL. The organization was established in 1993. 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. Addison Chamber Of Commerce And Industry 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, Addison Chamber Of Commerce And Industry generated $11.0k 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 (19.2%) each year. All expenses for the organization totaled $11.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.1%) 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
MEETINGS, OUTINGS AND EVENTS - THE ORGANIZATION SPONSORS OUTINGS TO PROMOTE INDUSTRIAL INTERESTS AND MEMBERSHIP IN THE ASSOCIATION AND FOSTER RELATIONSHIPS WITHIN THE ORGANIZATION AND LOCAL BUSINESS/INDUSTRIAL COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Anderson Immediate Past President | 1 | $0 | |
Anna Kubas Director | 1 | $0 | |
Tim Delawder Director | 1 | $0 | |
James Duda Director | 1 | $0 | |
Sari Levy Director | 1 | $0 | |
Bernadette Larocca Executive Director | 40 | $3,250 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $6,600 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,785 |
Other Revenue | $2,648 |
Total Revenue | $11,033 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $4,643 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,904 |
Total expenses | $11,547 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $6,459 |
Other assets | $0 |
Total assets | $6,459 |
Total liabilities | $4,905 |
Net assets or fund balances | $1,554 |