Form 990 for tax year 2023
Filed by MCHENRY AREA CHAMBER OF COMMERCE.
What the amendment changed
Compared with the return it replaced , filed 15 November 2024. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
Both are the same on the two returns, so the amendment changed something else.
Totals
- Total revenue
- $794,751
- Total expenses
- $536,547
- Contributions and grants received
- $486,790
- Grants paid
- $0
- Program service revenue
- $138,582
- Investment income
- $12,220
- Other revenue
- $157,159
- Total assets, end of year
- $1,006,160
- Total liabilities, end of year
- $410,173
- Net assets or fund balances, end of year
- $595,987
- Program services expenses (Part IX)
- $388,371
- Management and general expenses
- $148,176
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $388,371
Program services were 72.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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
$486,790
-
1g · Noncash contributions included above
$274,364
-
2a · Program service revenue: MEMBERSHIP DUES
total $138,582 · related or exempt $138,582
-
3 · Investment income
total $12,220 · excluded $12,220
-
8a · Fundraising events: gross income
$348,504
-
8b · Fundraising events: direct expenses
$213,900
-
8c · Net income from fundraising events
total $134,604
-
9a · Gaming: gross income
$3,770
-
9c · Net income from gaming
total $3,770 · related or exempt $3,770
-
11a · Other revenue: OTHER REVENUE
total $18,785 · related or exempt $18,785
-
11e · Other revenue, total
$18,785
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $138,324 · program services $109,421 · management and general $28,903
-
7 · Other salaries and wages
total $204,651 · program services $163,721 · management and general $40,930
-
8 · Pension plan contributions
total $3,841 · program services $2,151 · management and general $1,690
-
10 · Payroll taxes
total $27,410 · program services $21,928 · management and general $5,482
-
11c · Fees: accounting
total $3,750 · management and general $3,750
-
12 · Advertising and promotion
total $1,395 · management and general $1,395
-
13 · Office expenses
total $18,441 · program services $15,450 · management and general $2,991
-
16 · Occupancy
total $25,469 · program services $9,709 · management and general $15,760
-
17 · Travel
total $1,898 · program services $1,898
-
22 · Depreciation, depletion and amortization
total $9,444 · management and general $9,444
-
23 · Insurance
total $2,546 · program services $1,146 · management and general $1,400
-
24a · Other expenses: MAINTENANCE
total $26,167 · program services $19,364 · management and general $6,803
-
24b · Other expenses: SUPPLIES
total $25,595 · program services $25,595
-
24c · Other expenses: BOARD DESIGNATED EXPENSES
total $15,248 · program services $1,525 · management and general $13,723
-
24d · Other expenses: COMPUTER SUPP & MAINT
total $7,974 · management and general $7,974
-
24e · All other expenses
total $24,394 · program services $16,463 · management and general $7,931
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $450,383 · end of year $279,692
-
4 · Accounts receivable
beginning of year $50,694 · end of year $30,797
-
7 · Other notes and loans receivable
end of year $64,286
-
9 · Prepaid expenses and deferred charges
beginning of year $21,474 · end of year $17,660
-
10a · Land, buildings and equipment: cost or other basis
$658,130
-
10b · Land, buildings and equipment: accumulated depreciation
$53,671
-
10c · Land, buildings and equipment, net
beginning of year $8,065 · end of year $604,459
-
15 · Other assets
beginning of year $13,448 · end of year $9,266
-
17 · Accounts payable and accrued expenses
beginning of year $187 · end of year $11,198
-
19 · Deferred revenue
beginning of year $192,646 · end of year $189,935
-
25 · Other liabilities
beginning of year $13,448 · end of year $209,040
-
27 · Net assets without donor restrictions
beginning of year $337,783 · end of year $595,987
Mission and programs · 2023
Mission
THE ORGANIZATION SPONSORS AND ORGANIZES COMMUNITY EVENTS TO PROMOTE NETWORKING OPPORTUNITIES FOR LOCAL BUSINESSES AND PROMOTE A POSITIVE COMMUNITY IDENTITY. IT KEEPS MEMBERS INFORMED OF EVENTS.
-
THE ORGANIZATION SPONSORS AND ORGANIZES COMMUNITY EVENTS TO PROMOTE NETWORKING OPPORTUNITIES FOR LOCAL BUSINESSES AND PROMOTE A POSITIVE COMMUNITY IDENTITY. IT KEEPS MEMBERS INFORMED OF EVENTS.
Expenses $388,371
As filed on the 2023 return.
Listed in Part VII
-
MOLLY OSTAP
PRESIDENT
- Total calculated
- $138,324
- From this org
- $133,165
- From related orgs
- $0
- Other
- $5,159
- Hours/week
- 41
-
BECKY KIRCHNER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
CARL VALLIANATOS
1ST VICE CHA
- Total calculated
- $0
- Hours/week
- 1
-
KAY REISSIG
2ND VICE CHA
- Total calculated
- $0
- Hours/week
- 1
-
LEEJAY STEWART
CORPORATE SE
- Total calculated
- $0
- Hours/week
- 1
-
KATE MALMSTEDT
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
DENNY NORTON JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DOUG MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
THOMAS STAMBORSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JACKIE SZYMCZAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CHRISTINE DITZLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JENNIFER HUNT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STEPHANIE BARRONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ADAM HARVILLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LORI MERCURE-WAGNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TODD MORRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JESSICA SCHNEIDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RYAN CONWAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MIKE PIEKOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOSH REITZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ERIC VICENCIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v6.0
- Source object
- 202501919349301805
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