EIN 36-1035380

Elgin Area Chamber of Commerce

IRS 501(c) type
501(c)(4)
Num. employees
5
City
Year formed
1908
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Elgin Area Chamber of Commerce advances local businesses and provides various services and resources to benefit members. It is a member organization of business leaders working in the Elgin, Illinois area community. Additionally, it houses the Elgin development group (EDG), a public-private partnership with the city of Elgin that works on initiatives to strengthen economic vitality in the city through business recruitment, retention, and workforce development. EAC's Advancing Progress fundraising campaign supports and furthers its mission along with EDG's.
Total revenues
$790,393
2023
Total expenses
$725,581
2023
Total assets
$851,247
2023
Num. employees
5
2023

Program areas at Elgin Area Chamber of Commerce

Economic development division: cultivates a highly skilled workforce through building education and training initiatives, attracting new businesses with a supportive environment, and retaining existing ones. Eac is committed to improving transportation infrastructure. Eac actively promotes Elgin, il quality of life to attract not just businesses, but residents and visitors alike. This comprehensive program positions Elgin for long-term economic growth and a vibrant community.
Advancing progress: program is a multi-faceted initiative designed to propel the Chamber and economic developments programs of work. This program helps to postion Elgin for a prosperous future with a skilled workforce, thriving businesses, and a high quality of life for all.
Program & events: established program and events are a two-pronged approach to supporting local businesses and fostering community growth. The programs focus on initiatives with long-term impact, like developing a skilled workforce through education workshops or providing professional development opportunities. Meanwhile, events create opportunities for immediate engagement. We organize networking events for businesses to connect, share ideas, and discover potential partnerships. Together, these initiatives create a synergy that strengthens the local business ecosystem and promotes economic prosperity.

Who funds Elgin Area Chamber of Commerce

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Women's Business Development Center (WBDC)Small Business Assistance Grants$15,000

Personnel at Elgin Area Chamber of Commerce

NameTitleCompensation
Carol GieskePresident and Chief Executive Officer$120,986
Theresa (Terry) GajewskiVice President - Operations$90,539
Keith RauschenbergerTreasurer$0
Yvonne IrvingBoard Member$0
Yaneth MedinaVice Chair , Membership$0
...and 1 more key personnel

Financials for Elgin Area Chamber of Commerce

RevenuesFYE 12/2023
Total grants, contributions, etc.$330,334
Program services$426,693
Investment income and dividends$10,446
Tax-exempt bond proceeds$0
Royalty revenue$11,794
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$11,126
Total revenues$790,393

Form 990s for Elgin Area Chamber of Commerce

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-30990View PDF
2022-122023-11-13990View PDF
2021-122022-08-31990View PDF
2020-122021-06-30990View PDF
2019-122021-06-08990View PDF
...and 10 more Form 990s
Data update history
July 12, 2024
Received grants
Identified 1 new grant, including a grant for $15,000 from Women's Business Development Center (WBDC)
January 24, 2024
Updated personnel
Identified 8 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Used new vendors
Identified 2 new vendors, including , and
September 19, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Trade associationsChambers of commerceBusiness and community development organizations
Issues
Business and industry
Characteristics
MembershipsState / local levelFundraising races, competitions, and tournaments
General information
Address
31 S Grove Ave
Elgin, IL 60120
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Kane County, IL
Website URL
elginchamber.com/ 
Phone
(847) 741-5660
IRS details
EIN
36-1035380
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1908
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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