Little Village 26th St Area Chamber Of Commerce Inc

Organization Overview

Little Village 26th St Area Chamber Of Commerce Inc is located in Chicago, IL. The organization was established in 1990. 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 12/2023, Little Village 26th St Area Chamber Of Commerce Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Little Village 26th St Area Chamber Of Commerce Inc 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, Little Village 26th St Area Chamber Of Commerce Inc generated $560.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $478.7k during the year ending 12/2023. While expenses have increased by 3.0% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO SERVE ITS MEMBERS AND PROMOTE THE LITTLE VILLAGE AREA THROUGH ASSISTANCE, ADVOCACY, AND COMMERCIAL DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE ENTREPRENEURS THE UTMOST LEVEL OF SUPPORT TO INSURE THAT BUSINESS GROWTH IS FEASIBLE BY PROVIDING CONSULTING SERVICES AND OPERATIONAL ANALYTICS TOGETHER HELPS PREVENT DEVELOPING ISSUES GET RESOLVED BEFORE BUSINESS IS IMPACTED. GEARED TOWARDS BRIDGING THE GAP BETWEEN UNEMPLOYED YOUNG ADULTS AND EMPLOYER DEMAND. TRANSITION FROM ENTREPRENEUR TO BUSINESS OWNERS. RESOLVE VACANT RESIDENTIAL AND COMMERCIAL PROPERTIES ISSUES.


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Board, Officers & Key Employees

Name (title)Compensation
Mayra Khan
Secretary
$0
Antonio Guillen
President
$0
Jason Roberts
Vice Treasur
$0
Salvador Pedroza
Director
$0
Marco Rodriguez
Director
$0
Manuel Martinez
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$68,025
Fundraising events$0
Related organizations$0
Government grants $108,088
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$176,113
Total Program Service Revenue$142,455
Investment income $6,243
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $235,181
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $559,992

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