EIN 23-7334589

Chicagoland Chamber of Commerce Foundation

Name: Chicagoland Chamber of Commerce Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Chicago

State

Illinois

Year formed

1972

Most recent tax filings

2023-06-01

NTEE code, primary

T30: Public Foundations

Description

The Chicagoland Chamber of Commerce Foundation coordinates educational resources, programs, and research to advance the activities of the Chamber. It affects change by researching key issues, formulating arguments and initiatives, developing options and informing the collective thinking of business, government, and civic leaders. The Foundation also operates a neighborhood business development center that helps small businesses in Chicago grow or expand their businesses. In addition, it provides small businesses education through seminars to help them in their businesses.

Related structure

Chicagoland Chamber of Commerce Foundation is a subordinate organization under Chicagoland Chamber of Commerce.

Total revenues

$233,817

2023

Total expenses

$306,649

2023

Total assets

$179,337

2023

Num. employees

2023

Program areas at Chicagoland Chamber of Commerce Foundation

Small business development center: grant to help small businesses start, grow, or expand their business.

Small business chicago: provides small businesses education through seminars to help them in their businesses.

Neighborhood business development center: helps small businesses in chicago to grow or expand their businesses.

Chamber leadership academy

Who funds Chicagoland Chamber of Commerce Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
The Chicago Community Trust	2022-09	Burnham Contribution	$50,000
Canning Foundation	2022-12	To Further Program Services	$10,000

Personnel at Chicagoland Chamber of Commerce Foundation

Name	Title	Compensation	Date of data
John Lavin	President and Chief Executive Officer		2023-05-08
Matthew Summy	Vice President	$0	2022-06-30
Patrick Beharelle	Chairman	$0	2018-06-30
Valerie Corr	Vice Chair	$0	2018-06-30
James Gavin	Acting Treasurer	$0	2018-06-30
...and 2 more key personnel

Financials for Chicagoland Chamber of Commerce Foundation

Revenues	FYE 06/2023	FYE 06/2022	% Change
Total grants, contributions, etc.	$319,347	$485,450	-34.2%
Program services	$0	$0	-
Investment income and dividends	$3	$4	-25%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$-85,533	$-148,721	42.5%
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$233,817	$336,733	-30.6%

Form 990s for Chicagoland Chamber of Commerce Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-06	2024-05-03	990	View PDF
2022-06	2023-05-08	990	View PDF
2021-06	2022-03-02	990	View PDF
2021-06	2022-02-16	990	View PDF
2020-06	2021-05-05	990	View PDF
...and 10 more Form 990s

Organizations like Chicagoland Chamber of Commerce Foundation

Organization	Type	Location	Revenue
Cobb County Chamber of Commerce Foundation	501(c)(3)	Atlanta, GA	$564,863
New Jersey Chamber of Commerce Foundation	501(c)(3)	Trenton, NJ	$1,011,722
San Benito County Chamber of Commerce Foundation	501(c)(3)	Hollister, CA	$171,842
Greater Bloomington Chamber of Commerce Foundation	501(c)(3)	Bloomington, IN	$104,105
Clermont County Chamber of Commerce Foundation	501(c)(3)	Cincinnati, OH	$165,680
The Wildwood Foundation	501(c)(3)	Latham, NY	$815,238
Boulder Chamber Foundation	501(c)(3)	Boulder, CO	$362,244
Hawaii Chamber of Commerce Foundation	501(c)(3)	Honolulu, HI	$165,000
Savannah Area Chamber of Commerce Foundation	501(c)(3)	Savannah, GA	$243,743
Inspire Foundation / C P Center Foundation of Orange County Inc	501(c)(3)	Goshen, NY	$269,306

Data update history

September 24, 2023

Received grants

Identified 1 new grant, including a grant for $50,000 from The Chicago Community Trust

July 22, 2023

Received grants

Identified 3 new grant, including a grant for $10,000 from Canning Foundation

July 11, 2023

Posted financials

Added Form 990 for fiscal year 2022

July 1, 2023

Used new vendors

Identified 1 new vendor, including

May 13, 2023

Received grants

Identified 2 new grant, including a grant for $10,000 from Canning Foundation

Nonprofit Types

Grantmaking organizationsChapter / child organizationsCharities

Issues

Community improvementBusiness and industry

Characteristics

Political advocacyProvides grantsFundraising eventsState / local levelReceives government fundingGala fundraisersTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 410 N Michigan Ave Suite 900; Chicago, IL 60611
Metro area: Chicago-Naperville-Elgin, IL-IN-WI
County: Cook County, IL
Website URL: chicagolandchamber.org/
Phone: (312) 494-6700

IRS details

EIN: 23-7334589
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1972
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: T30: Public Foundations
NAICS code, primary: 813211: Grantmaking Foundations
Parent/child status: Subordinate organization

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Chicagoland Chamber of Commerce Foundation

Program areas at Chicagoland Chamber of Commerce Foundation

Who funds Chicagoland Chamber of Commerce Foundation

Personnel at Chicagoland Chamber of Commerce Foundation

Financials for Chicagoland Chamber of Commerce Foundation

Form 990s for Chicagoland Chamber of Commerce Foundation

Organizations like Chicagoland Chamber of Commerce Foundation

Nonprofits

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