Carol Stream Chamber Of Commerce is located in Carol Stream, IL. As of 05/2024, Carol Stream Chamber Of Commerce employed 3 individuals. Carol Stream 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 05/2024, Carol Stream Chamber Of Commerce generated $110.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $114.9k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
MEMBERSHIP DUES LESS CHAMBER SUPPORTING EXPENSES TO ADVANCE ECONOMIC, PROFESSIONAL AND CIVIC WELFARE OF THE CAROL STREAM AREA AND TO ENCOURAGE GROWTH OF EXISTING BUSINESS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Perry Johnson President | 0 | $0 | |
Jeff Lillig Treasurer | 0 | $0 | |
Shirley Swanson Secretary | 0 | $0 | |
Rodney Pikul Vice Preside | 0 | $0 | |
Rod Pickett Vice Preside | 0 | $0 | |
Andre Adams Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $107,510 |
| Membership dues | $0 |
| Investment income | $3,366 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $110,876 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $67,092 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $47,849 |
| Total expenses | $114,941 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,716 |
| Other assets | $0 |
| Total assets | $93,716 |
| Total liabilities | $800 |
| Net assets or fund balances | $92,916 |