Greater Oak Brook Chamber Of Commerce Economic Dvlpmnt Prtnrshp is located in Oak Brook, IL. The organization was established in 2015. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Greater Oak Brook Chamber Of Commerce Economic Dvlpmnt Prtnrshp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending undefined, Greater Oak Brook Chamber Of Commerce Economic Dvlpmnt Prtnrshp generated $143.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $140.7k during the year ending undefined. While expenses have increased by 5.1% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
THE CHAMBER WORKS WITH OAK BROOK AND OAKBROOK TERRACE COMPANIES, LOCALLY AND REGIONALLY, TO BRING MORE OPPORTUNITIES TO BUSINESSES IN THE COMMUNITY. THEY ALSO PARTNER WITH EMPLOYERS ON WORKER RECRUITMENT AND RETENTION TO STRENGTHEN THE LOCAL WORKFORCE. THE CHAMBER ADVOCATES FOR OAK BROOK AND OAKBROOK TERRACE BUSINESS INTERESTS IN LOCAL, STATE AND FEDERAL GOVERNMENT. THEY ARE A LEADER FOR INITIATIVES THAT IMPROVE OAK BROOK AND OAKBROOK TERRACE'S INFRASTRUCTURE AND CREATE OPPORTUNITIES AND INCENTIVES FOR LOCAL COMPANIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Carlin President & CEO | 27 | $0 | |
Dan Wagner Chairwoman | 5 | $0 | |
Finny Rajchel Vice President | 5 | $0 | |
Kathy Hardy Treasurer | 5 | $0 | |
Jackie Lorenty Secretary | 5 | $0 | |
Erik Beck Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $109,389 |
Total Program Service Revenue | $0 |
Membership dues | $33,793 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $143,182 |
Statement of Expenses | |
---|---|
Total expenses | $140,659 |
Balance Sheet | |
---|---|
Total assets | $1 |
Total liabilities | $41,164 |
Net assets or fund balances | -$41,164 |