Form 990 for tax year 2024
Filed by GREATER SPRINGFIELD CHAMBER OF COMMERCE.
Totals
- Total revenue
- $1,065,937
- Total expenses
- $1,109,812
- Contributions and grants received
- $139,050
- Grants paid
- $0
- Program service revenue
- $867,300
- Investment income
- $49,437
- Other revenue
- $10,150
- Total assets, end of year
- $1,742,017
- Total liabilities, end of year
- $830,573
- Net assets or fund balances, end of year
- $911,444
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$139,050
-
2a · Program service revenue: Chamber Programs
total $485,903 · related or exempt $394,078 · unrelated business $91,825
-
2b · Program service revenue: Membership Dues
total $381,397 · related or exempt $381,397
-
3 · Investment income
total $49,437 · excluded $49,437
-
11a · Other revenue: Mailing Service
total $10,150 · related or exempt $10,150
-
11e · Other revenue, total
$10,150
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $639,081
-
9 · Other employee benefits
total $100,787
-
11b · Fees: legal
total $12,123
-
12 · Advertising and promotion
total $3,950
-
13 · Office expenses
total $40,570
-
16 · Occupancy
total $69,480
-
17 · Travel
total $4,901
-
19 · Conferences, conventions and meetings
total $2,557
-
22 · Depreciation, depletion and amortization
total $10,692
-
23 · Insurance
total $10,258
-
24a · Other expenses: Events and Projects
total $155,224
-
24b · Other expenses: Furnishings, equipment
total $25,500
-
24c · Other expenses: Other
total $10,391
-
24d · Other expenses: Dues and Publications
total $9,835
-
24e · All other expenses
total $14,463
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $14,590 · end of year $12,897
-
2 · Savings and temporary cash investments
beginning of year $1,084,732 · end of year $1,052,529
-
4 · Accounts receivable
beginning of year $19,720 · end of year $47,455
-
9 · Prepaid expenses and deferred charges
beginning of year $12,878 · end of year $8,901
-
10a · Land, buildings and equipment: cost or other basis
$116,112
-
10b · Land, buildings and equipment: accumulated depreciation
$74,658
-
10c · Land, buildings and equipment, net
beginning of year $17,327 · end of year $41,454
-
15 · Other assets
beginning of year $635,979 · end of year $578,781
-
17 · Accounts payable and accrued expenses
beginning of year $6,000 · end of year $1,624
-
19 · Deferred revenue
beginning of year $199,187 · end of year $245,636
-
25 · Other liabilities
beginning of year $624,720 · end of year $583,313
-
27 · Net assets without donor restrictions
beginning of year $955,319 · end of year $911,444
Mission and programs · 2024
Mission
ENHANCE OUR MEMBERS' SUCCESS AND ADVANCE OUR ECONOMY
-
CORPORATE CUP GOLF CHALLENGE - ANNUAL GOLF OUTING TO PROVIDE NETWORKING AND VISIBILITY FOR MEMBERS.
-
JOB FAIR - EMPLOYERS PURCHASE BOOTHS TO RECRUIT EMPLOYEES
-
SMALL BUSINESS AWARD LUNCHEON - AWARDS EVENT RECOGNIZING SMALL BUSINESS OWNERS IN 4 CATEGORIES
As filed on the 2024 return.
Listed in Part VII
-
Mylas Copeland
1st Vice Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kayla Edwards
Chairman
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Tyler Cormeny
Chair-Elect
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jennifer Call
2nd Vice Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kevin Corbin
3rd Vice Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Josh Shugart
Secretary/ Treasurer
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kathyy Battee-Freeman
At-Large Directors
- Total calculated
- $0
- Hours/week
- 1
-
Anna Evans
At-Large Directors
- Total calculated
- $0
- Hours/week
- 1
-
Brent Borah
At-Large Directors
- Total calculated
- $0
- Hours/week
- 1
-
Josh Flanders
At-Large Directors
- Total calculated
- $0
- Hours/week
- 1
-
Chris Bullock
At-Large Directors
- Total calculated
- $0
- Hours/week
- 1
-
Ronda Folkerts
At-Large Directors
- Total calculated
- $0
- Hours/week
- 1
-
Matthew Fry
At-Large Directors
- Total calculated
- $0
- Hours/week
- 1
-
Jeff Dillman
At-Large Directors
- Total calculated
- $0
- Hours/week
- 1
-
Mark Donovan
At-Large Directors
- Total calculated
- $0
- Hours/week
- 1
-
Angela Nguyen
At-Large Directors
- Total calculated
- $0
- Hours/week
- 1
-
Erica Riplinger
At-Large Directors
- Total calculated
- $0
- Hours/week
- 1
-
Kim Staff
At-Large Directors
- Total calculated
- $0
- Hours/week
- 1
-
Jeff Large
At-Large Directors
- Total calculated
- $0
- Hours/week
- 1
-
Cal Thomas
At-Large Directors
- Total calculated
- $0
- Hours/week
- 1
-
Bryan Geckler
At-Large Directors
- Total calculated
- $0
- Hours/week
- 1
-
Sharon Riechers
Immediate Past Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mike Murphy
CEO & President
- Total calculated
- $170,752
- From this org
- $158,548
- From related orgs
- $0
- Other
- $12,204
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $158,548
- Bonus
- $0
- Other
- $0
- Deferred
- $11,302
- Nontaxable benefits
- $902
- Filer's total
- $170,752
-
Lisa Schafer
VP - Operations
- Total calculated
- $126,180
- From this org
- $116,983
- From related orgs
- $0
- Other
- $9,197
- Hours/week
- 40 + 1 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Greater Springfield Chamber of Commerce Foundation
501(c)(3) · Education, Diversity, Economic, & workforce developement, Affordable · IL
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 20 February 2025
- IRS schema version
- 2024v5.0
- Source object
- 202510599349300321
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