Manteno Community Chamber Of Commerce is located in Manteno, IL. As of 06/2023, Manteno Community Chamber Of Commerce employed 2 individuals. Manteno Community 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 06/2023, Manteno Community Chamber Of Commerce generated $135.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $169.9k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO WORK WITH LOCAL BUSINESSES, THE COMMUNITY, AND THE VILLAGE TO BRING PROSPERITY TO MANTENO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO WORK WITH BUSINESSES, THE COMMUNITY, AND THE VILLAGE TO BRING PROSPERITY TO MANTENO.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stacy Barclay Director | Trustee | $0 | |
Brent Davis Director | Trustee | $0 | |
Lynette Derose Treasurer | OfficerTrustee | $0 | |
Jacob Emerson Director | Trustee | $0 | |
Francine Gilliam Director | Trustee | $0 | |
Jim Hanley Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $69,368 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $69,368 |
Total Program Service Revenue | $8,908 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $54,882 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $134,980 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $35,020 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,830 |
Fees for services: Management | $48,268 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,540 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,570 |
Advertising and promotion | $13,320 |
Office expenses | $24,897 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $809 |
Conferences, conventions, and meetings | $6,392 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,451 |
All other expenses | $432 |
Total functional expenses | $169,939 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $83,628 |
Savings and temporary cash investments | $136,564 |
Pledges and grants receivable | $0 |
Accounts receivable, net | -$3,551 |
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 | -$242 |
Total assets | $216,399 |
Accounts payable and accrued expenses | -$4,991 |
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 | $0 |
Total liabilities | -$4,991 |
Net assets without donor restrictions | $221,390 |
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 | $216,399 |