West Suburban Chamber Of Commerce & Industry Foundation is located in LaGrange Park, IL. The organization was established in 2001. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, 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. West Suburban Chamber Of Commerce & Industry Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, West Suburban Chamber Of Commerce & Industry Foundation generated $117.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 44.7% each year . All expenses for the organization totaled $26.0k during the year ending 12/2021. 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
TO PROVIDE MEETING MATERIALS FOR NOT-FOR-PROFIT AND CHARITABLE ORGANIZATION EVENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sharon Flaim President | 0 | $0 | |
Ken Daemicke Treasurer | 0 | $0 | |
Marty Scott Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $117,557 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $19 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $117,576 |
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 | $700 |
Occupancy, rent, utilities, and maintenance | $7,980 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $17,291 |
Total expenses | $25,971 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $251,366 |
Other assets | $0 |
Total assets | $251,366 |
Total liabilities | $0 |
Net assets or fund balances | $251,366 |
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