Chicago Drug & Chemical Association
- Assets
- $31.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lisle, IL
- Founding
- 07/1945
- Data as of
- 12/2023
- EIN
- 36-9202858
Organization Overview
Chicago Drug & Chemical Association is located in Lisle, IL. The organization was established in 1945. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Drug & Chemical Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Chicago Drug & Chemical Association generated $39.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $48.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 9 years. 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 |
|---|---|---|---|
Cheryl Depasquale Ex Officio | 0 | $0 | |
Megan Peboontom Ex Officio | 0 | $0 | |
Bob Miller Ex Officio | 0 | $0 | |
Christopher Wrobel President | 3 | $0 | |
Derek Paulowski Vptreasurer | 3 | $0 | |
Jeff Nelson Jr Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,437 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,904 |
| Other Revenue | $0 |
| Total Revenue | $39,347 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $23,671 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $68 |
| Other expenses | $24,890 |
| Total expenses | $48,629 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,265 |
| Other assets | $0 |
| Total assets | $31,265 |
| Total liabilities | $3,000 |
| Net assets or fund balances | $28,265 |