Huntley Area Chamber Of Commerce & Industry
- Assets
- $180.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Huntley, IL
- Founding
- 08/1993
- Data as of
- 06/2024
- EIN
- 36-3847005
Organization Overview
Huntley Area Chamber Of Commerce & Industry is located in Huntley, IL. The organization was established in 1993. 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. Huntley Area Chamber Of Commerce & Industry 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 06/2024, Huntley Area Chamber Of Commerce & Industry generated $192.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $191.4k during the year ending 06/2024. While expenses have increased by 2.9% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Novalinski Treasurer | 1 | $0 | |
Ben Beallis Secretary | 1.5 | $0 | |
Bridget Dombrowski Vice-Chairperson | 0.5 | $0 | |
Robert Panak Chairperson | 1 | $0 | |
Nancy Binger Executive Director | 40 | $73,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $106,067 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $55,976 |
| Other Revenue | $30,759 |
| Total Revenue | $192,816 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $128,426 |
| Professional fees and other payments to independent contractors | $1,980 |
| Occupancy, rent, utilities, and maintenance | $28,711 |
| Printing, publications, postage, and shipping | $3,825 |
| Other expenses | $28,478 |
| Total expenses | $191,420 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $173,410 |
| Other assets | $0 |
| Total assets | $180,021 |
| Total liabilities | $395 |
| Net assets or fund balances | $179,626 |