Chain Olakes Area Chamber Of Commerce
- Assets
- $53.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, IL
- Founding
- 03/1994
- Data as of
- 12/2021
- EIN
- 36-3901127
Organization Overview
Chain Olakes Area Chamber Of Commerce is located in Richmond, IL. The organization was established in 1994. 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. Chain Olakes 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, Chain Olakes Area Chamber Of Commerce generated $83.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $64.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pat Smarto Treasurer | 1 | $0 | |
Denny Norton President | 1 | $0 | |
Steven Healy President Elect | 1 | $0 | |
Deana Liss Secretary | 1 | $0 | |
Kathrine Violett Director | 1 | $0 | |
James Powers Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,026 |
| Membership dues | $43,913 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $25,888 |
| Other Revenue | $9,792 |
| Total Revenue | $83,619 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,684 |
| Professional fees and other payments to independent contractors | $2,163 |
| Occupancy, rent, utilities, and maintenance | $1,200 |
| Printing, publications, postage, and shipping | $165 |
| Other expenses | $16,146 |
| Total expenses | $64,358 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,391 |
| Other assets | $0 |
| Total assets | $53,391 |
| Total liabilities | $480 |
| Net assets or fund balances | $52,911 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Tax Professionals Inc Appleton, WI | $15,322,195 | $11,606,289 |
National Association Of Electrical Distributors St Louis, MO | $12,015,051 | $10,580,917 |
Chicagoland Entrepreneurial Center Chicago, IL | $5,911,149 | $8,140,473 |
Custom Electronic Design & Installation Association Fishers, IN | $40,806,745 | $4,400,829 |
International Dairy-Deli-Bakery Association Madison, WI | $22,953,024 | $8,197,084 |
National Precast Concrete Association Inc Carmel, IN | $13,896,863 | $10,585,314 |
Indiana Underground Plant Protection Service Inc Greenwood, IN | $23,524,907 | $10,120,104 |
Property Loss Research Bureau Downers Grove, IL | $29,282,847 | $8,342,411 |
National Funeral Directors Association Of The United States I Brookfield, WI | $21,618,319 | $10,407,549 |
Residential Real Estate Council Chicago, IL | $27,056,402 | $11,169,926 |
Engine Manufacturers Association Chicago, IL | $15,542,068 | $8,146,219 |
National Board Of Certification And Recert Of Nurse Anesthetists Chicago, IL | $34,872,411 | $14,011,594 |