Fulton Market Association
- Assets
- $44.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/2000
- Data as of
- 12/2022
- EIN
- 36-4070036
Organization Overview
Fulton Market Association is located in Chicago, IL. The organization was established in 2000. 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. Fulton Market Association 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, Fulton Market Association generated $28.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.1%) each year. All expenses for the organization totaled $45.9k during the year ending 12/2022. 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 Program Activity:
Part 3
1) PROMOTE ECONOMIC DEVELOPMENT, REVITALIZATION & STABILIZATION OF OUR COMMUNITY SERVICE AREAS SPANNING 3 CHICAGO NEIGHBORHOODS (FULTON MARKET, NEAR WESTSIDE & GARFIELD PARK) WHICH INCLUDE SEVERAL LOW-INCOME CENSUS TRACTS. 2) ASSIST FAMILY-OWNED BUSINESSES, OTHER BUSINESSES & BUSINESS-RELATED PROPERTY OWNERS TO REMAIN & EXPAND THEIR BUSINESS ENTERPRISES IN THE SERVICE AREAS AND TO COLLABORATE WITH FEDERAL, STATE, COUNTY & CITY GOVERNMENT OFFICIALS 3) ASSIST COMMUNITY-BASED RESIDENTS, NON-PROFIT SOCIAL SERVICE AGENCIES & SCHOOLS TO SOLVE THEIR CHALLENGES, SERVE THEIR NEEDY CLIENTS & COLLABORATE AS NEEDED WITH FEDERAL, STATE, COUNTY & CITY GOVERNMENT OFFICIALS 4) ASSIST ALL COMMUNITY PARTNERS TO COLLABORATE WITH COUNTY & CITY LAW ENFORCEMENT AGENCIES TO ENSURE MAXIMUM PUBLIC SAFETY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Facklis Director | 1 | $0 | |
Aesha Muhammad El-Amin Director | 1 | $0 | |
Jay Spainhour Director | 1 | $0 | |
Roger Romanelli Executive Director | 40 | $36,508 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $24,532 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,600 |
| Other Revenue | $0 |
| Total Revenue | $28,132 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,508 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,973 |
| Total expenses | $45,881 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,014 |
| Other assets | $0 |
| Total assets | $44,614 |
| Total liabilities | $36,600 |
| Net assets or fund balances | $8,014 |