Wilmette Chamber Of Commerce is located in Wilmette, IL. The organization was established in 1992. 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. Wilmette 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 12/2023, Wilmette Chamber Of Commerce generated $64.2k 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 (8.8%) each year. All expenses for the organization totaled $127.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) 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
2023
Describe the Organization's Program Activity:
Part 3
TO FOSTER BUSINESS DEVELOPMENT IN WILMETTE AND KENILWORTH, ILLINOIS AND PROVIDE INFORMATION AND SERVICES TO BUSINESS AND RESIDENTS OF THE COMMUNITY.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Julie Cohen Director | 0 | $0 | |
| Andrew Beckmann Director | 0 | $0 | |
| Eric Hubbard Treasurer | 0 | $0 | |
| Georgina Akel Director | 0 | $0 | |
| Anne Kelly Director | 0 | $0 | |
| Laura Saleh Secretary | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $43,518 | 
| Investment income | $107 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $20,575 | 
| Other Revenue | $0 | 
| Total Revenue | $64,200 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $86,938 | 
| Professional fees and other payments to independent contractors | $9,496 | 
| Occupancy, rent, utilities, and maintenance | $7,819 | 
| Printing, publications, postage, and shipping | $337 | 
| Other expenses | $23,190 | 
| Total expenses | $127,780 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,866 | 
| Other assets | $0 | 
| Total assets | $89,130 | 
| Total liabilities | $30,397 | 
| Net assets or fund balances | $58,733 |