Lemont Chamber Of Commerce
- Assets
- $99.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Lemont, IL
- Founding
- 02/1981
- Data as of
- 12/2022
- EIN
- 36-2931376
Organization Overview
Lemont Chamber Of Commerce is located in Lemont, IL. The organization was established in 1981. 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. As of 12/2022, Lemont Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lemont 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 12/2022, Lemont Chamber Of Commerce generated $124.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $120.0k during the year ending 12/2022. While expenses have increased by 2.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP, ENCOURAGE, PROMOTE AND PROTECT THE COMMERCIAL, PROFESSIONAL, FINANCIAL AND GENERAL BUSINESS INTEREST OF THE GREATER LEMONT AREA ACCOMPLISH TOGETHER WHAT NO BUSINESS CAN DO ALONE.
Describe the Organization's Program Activity:
Part 3
CHAMBER CRUISE NIGHT
CHAMBER LUNCHEONS
BANNER PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Mulka Executive Direc | 40 | $65,000 | |
Julie Thomas Events Coordina | 20 | $18,858 | |
Jeff Hawthorne Chairman | 5 | $0 | |
Patrick Maier Vice Chairman | 5 | $0 | |
Anthony Giacobbe Treasurer | 5 | $0 | |
Michelle Kerfin Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,440 |
| Total Program Service Revenue | $56,724 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $124,164 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $90,545 |
| Professional fees and other payments to independent contractors | $980 |
| Occupancy, rent, utilities, and maintenance | $6,500 |
| Printing, publications, postage, and shipping | $660 |
| Other expenses | $21,338 |
| Total expenses | $120,023 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,917 |
| Other assets | $0 |
| Total assets | $99,917 |
| Total liabilities | $1,856 |
| Net assets or fund balances | $98,061 |