Hyde Park Chamber Of Commerce
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Chicago, IL
- Founding
- 03/1946
- Data as of
- 12/2022
- EIN
- 36-6076729
Organization Overview
Hyde Park Chamber Of Commerce is located in Chicago, IL. The organization was established in 1946. 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. Hyde Park 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, Hyde Park Chamber Of Commerce generated $52.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $93.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 years. 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
OUR PROGRAMS FOCUSED AROUND MAXIMIZING SYNERGY TO POSITIVELY IMPACT BUSINESS ACTIVITY IN THE HYDE PARK COMMUNITY THROUGH EVENTS, NETWORKING, EDUCATION, REFERRALS AND COLLABORATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wallace Goode Executive Director | 50 | $0 | |
Caprice Lindsay President | 2 | $0 | |
Bennie Currie Vice President | 1 | $0 | |
Leroy Brown Recording Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $275 |
| Total Program Service Revenue | $12,050 |
| Membership dues | $40,016 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,347 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,437 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,447 |
| Printing, publications, postage, and shipping | $125 |
| Other expenses | $12,953 |
| Total expenses | $92,962 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $28,813 |
| Net assets or fund balances | -$28,813 |