South Shore Chamber Of Commerce
- Assets
- $371.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 47-1659071
Organization Overview
South Shore Chamber Of Commerce is located in Chicago, IL. The organization was established in 2017. 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. South Shore 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 12/2021, South Shore Chamber Of Commerce generated $164.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $179.5k during the year ending 12/2021. While expenses have increased by 11.6% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE TECHNICAL AND MANAGEMENT ASSISTANCE TO REVITALIZE THE SOUTH SHORE NEIGHBORHOOD AND TO IMPROVE THE QUALITY OF LIFE FO RESIDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tonya Trice Executive Director | 2 | $0 | |
Ciera Whitaker Program Assistant | 2 | $0 | |
Cory Thomas President | 2 | $0 | |
Helena Wright Secretary | 2 | $0 | |
Gerald Williams Director | 2 | $0 | |
Pamela Gates Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $164,506 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $250 |
| Total Revenue | $164,756 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $152,911 |
| Professional fees and other payments to independent contractors | $8,600 |
| Occupancy, rent, utilities, and maintenance | $9,500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,530 |
| Total expenses | $179,541 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $371 |
| Other assets | $0 |
| Total assets | $371 |
| Total liabilities | $0 |
| Net assets or fund balances | $371 |