National Association Of Women Business Owners Chicago Chapter Na
- Assets
- $23.2k
- Revenue
- $134.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/1988
- Data as of
- 06/2022
- EIN
- 36-3610441
Organization Overview
National Association Of Women Business Owners Chicago Chapter Na is located in Chicago, IL. The organization was established in 1988. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Women Business Owners Chicago Chapter Na 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 06/2022, National Association Of Women Business Owners Chicago Chapter Na generated $134.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $129.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT WOMEN BUSINESS OWNERS IN THE COMMUNITY THROUGH DISSEMINATION OF PRINTED MATERIAL ON OWNERSHIP TOPICS AND OPPORTUNITIES AND PROVIDE EDUCATION AND NETWORKING SUPPORT
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE AND PROVIDE RECOGNITION OF WOMEN AND WOMEN-OWNED BUSINESSES IN THE COMMUNITY THROUGH THE DISSEMINATION OF PRINTED MATERIALS ON WOMEN BUSINESS OWNERSHIP TOPICS AND OPPORTUNITIES AND PROVIDE EDUCATIONAL AND NETWORKING SUPPORT TO WOMEN IN BUSINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edie Comminos Immediate Past President | OfficerTrustee | 5 | $0 |
Lynette Derose Treasurer | OfficerTrustee | 5 | $0 |
Melissa Lagowski Executive Director | OfficerTrustee | 20 | $0 |
Elizabeth Colon President | OfficerTrustee | 5 | $0 |
Jeff Simon Director-At-Large | Trustee | 3 | $0 |
Sue Kramer Harrawood Director-At-Large | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $107,885 |
| 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 | $107,885 |
| Total Program Service Revenue | -$1,178 |
| 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 | $25,847 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $134,213 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $91,350 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,074 |
| Office expenses | $27 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $93 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $695 |
| Interest | $1,541 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $992 |
| All other expenses | $12,188 |
| Total functional expenses | $129,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,926 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,235 |
| 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 | $0 |
| Total assets | $23,161 |
| Accounts payable and accrued expenses | $0 |
| 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 | $20,651 |
| Total liabilities | $20,651 |
| Net assets without donor restrictions | $2,510 |
| 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 | $23,161 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that National Association Of Women Business Owners Chicago Chapter Na has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
City Colleges Of Chicago Foundation Chicago, IL PURPOSE: Goldman Sachs 10,000 Small Business (GSK10KSB) referral sponsorship. | $20,000 |
City Colleges Of Chicago Foundation Chicago, IL PURPOSE: Goldman Sachs 10,000 Small Business (GSK10KSB) referral sponsorship. | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Martin Luther Home Corporation Dubuque, IA | $34,357,421 | $17,283,638 |
Apple Canyon Lake Property Owners Association Apple River, IL | $10,186,851 | $3,960,232 |
820 W Belle Plaine Cooperative Chicago, IL | $8,052,333 | $2,389,201 |
Building Owners And Managers Association Of Chicago Chicago, IL | $1,459,387 | $2,903,504 |
Lake Holiday Property Owners Association Inc Somonauk, IL | $7,075,550 | $2,253,751 |
Carr Square Tenant Corporation Saint Louis, MO | $3,519,634 | $1,262,069 |
Csl Community Association Inc North Vernon, IN | $4,686,607 | $1,182,975 |
Eastern Iowa Regional Housing Corporation Dubuque, IA | $5,116,993 | $1,481,771 |
Home Builders Assn Of Des Moines Johnston, IA | $702,713 | $1,312,598 |
Lake Winnebago Home Owners Association Lake Winnebago, MO | $7,105,548 | $1,164,558 |
William E English Foundation Indianapolis, IN | $7,061,359 | $1,037,570 |
Panora Cooperative Cablevision Association Inc Panora, IA | $431,429 | $971,770 |