Highland Chamber Of Commerce
- Assets
- $115.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Highland, IL
- Founding
- Data as of
- 06/2024
- EIN
- 37-1257841
Organization Overview
Highland Chamber Of Commerce is located in Highland, IL. 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. Highland 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 06/2024, Highland Chamber Of Commerce generated $125.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $126.6k during the year ending 06/2024. While expenses have increased by 8.5% per year over the past 3 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 |
|---|---|---|---|
Hillare Holzinger Executive Director | 40 | $53,405 | |
Sabrina Luitjohan Assistant Executive Direct | 30 | $25,328 | |
Lisa Michael Secretary | 1 | $0 | |
Howard Held Treasurer | 1 | $0 | |
Marshal Rinderer President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,085 |
| Membership dues | $83,196 |
| Investment income | $1,559 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,178 |
| Other Revenue | $10,919 |
| Total Revenue | $125,937 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,772 |
| Salaries, other compensation, and employee benefits | $78,733 |
| Professional fees and other payments to independent contractors | $5,995 |
| Occupancy, rent, utilities, and maintenance | $13,587 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,506 |
| Total expenses | $126,593 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,242 |
| Other assets | $0 |
| Total assets | $115,909 |
| Total liabilities | $2,388 |
| Net assets or fund balances | $113,521 |