Form 990 for tax year 2023
Filed by ILLINOIS STATE CHAMBER OF COMMERCE.
Totals
- Total revenue
- $2,358,570
- Total expenses
- $2,845,313
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $2,289,301
- Investment income
- $8,360
- Other revenue
- $60,909
- Total assets, end of year
- $1,988,166
- Total liabilities, end of year
- $3,086,700
- Net assets or fund balances, end of year
- -$1,098,534
- 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.
-
2a · Program service revenue: MEMBERSHIP DUES
total $1,885,738 · related or exempt $1,885,738
-
2b · Program service revenue: SPONSORSHIP AND REGIST
total $253,563 · related or exempt $253,563
-
2c · Program service revenue: GOVERNMENT AFFAIRS
total $150,000 · related or exempt $150,000
-
3 · Investment income
total $8,360 · excluded $8,360
-
6a · Gross rents
real property $28,896
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $28,896
-
6d · Net rental income or loss
total $28,896 · excluded $28,896
-
11a · Other revenue: MISCELLANEOUS INCOME
total $25,058 · related or exempt $25,058
-
11b · Other revenue: CONSULTING INCOME
total $6,955 · related or exempt $6,955
-
11e · Other revenue, total
$32,013
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $579,880
-
7 · Other salaries and wages
total $833,303
-
9 · Other employee benefits
total $68,234
-
10 · Payroll taxes
total $113,597
-
11b · Fees: legal
total $2,600
-
11c · Fees: accounting
total $24,400
-
11g · Fees: other
total $445,532
-
12 · Advertising and promotion
total $405
-
13 · Office expenses
total $118,704
-
14 · Information technology
total $76,010
-
16 · Occupancy
total $265,087
-
17 · Travel
total $22,862
-
19 · Conferences, conventions and meetings
total $5,578
-
20 · Interest
total $21,646
-
22 · Depreciation, depletion and amortization
total $70,475
-
23 · Insurance
total $30,266
-
24a · Other expenses: GOVERNMENT AFFAIRS SPEC
total $166,734
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $378,870 · end of year $28,567
-
2 · Savings and temporary cash investments
beginning of year $577,575 · end of year $471,007
-
4 · Accounts receivable
beginning of year $21,970 · end of year $46,490
-
7 · Other notes and loans receivable
beginning of year $64,530
-
9 · Prepaid expenses and deferred charges
beginning of year $36,927 · end of year $103,081
-
10a · Land, buildings and equipment: cost or other basis
$2,127,594
-
10b · Land, buildings and equipment: accumulated depreciation
$1,357,302
-
10c · Land, buildings and equipment, net
beginning of year $826,675 · end of year $770,292
-
15 · Other assets
beginning of year $639,133 · end of year $568,729
-
17 · Accounts payable and accrued expenses
beginning of year $991,851 · end of year $556,860
-
19 · Deferred revenue
beginning of year $1,029,980 · end of year $762,687
-
25 · Other liabilities
beginning of year $1,135,640 · end of year $1,767,153
-
27 · Net assets without donor restrictions
beginning of year -$611,791 · end of year -$1,098,534
Mission and programs · 2023
Mission
THE UNIFYING LEADER OF POLICIES THAT SUPPORT GROWTH IN ILLINOIS' DYNAMIC AND DIVERSE ECONOMY. THIS IS DONE THROUGH VARIOUS MEANS, ONE OF WHICH IS AGGRESSIVELY ADVOCATE THE INTEREST OF BUSINESS. ITS VISION IS A VIBRANT AND PROSPEROUS FUTURE FOR ILLINOIS.
Activities or mission (Part I)
THE UNIFYING LEADER OF POLICIES THAT SUPPORT GROWTH IN ILLINOIS' DYNAMIC AND DIVERSE ECONOMY.
-
THE LARGEST PROGRAM OF THE CHAMBER IS THAT OF BUSINESS ADVOCACY. INSTITUTIONALLY THIS IS ENTITLED: GOVERNMENT AFFAIRS. THROUGH THE GOVERNMENT AFFAIRS COMMITTEE AND LEGISLATIVE STAFF, THE CHAMBER HAS PREVENTED SOME LEGISLATION FROM PASSING THAT WOULD HAVE HAD A NEGATIVE IMPACT ON THE COST OF DOING BUSINESS IN ILLINOIS. IN ADDITION, THROUGH THE STAFF, THE CHAMBER HAS LESSENED IMPACTS, INITIALLY PLANNED BY SOME LEGISLATORS AND FOCUSED ON BUSINESSES, OF SOME LEGISLATION. FINALLY, THE CHAMBER ALSO INITIATES AND SUPPORTS LEGISLATION TO IMPROVE THE BUSINESS CLIMATE IN ILLINOIS.
-
THE SECOND LARGEST PROGRAM IS THAT OF CONFERENCES. OVER THE PAST SEVERAL YEARS, THE CHAMBER HAS OFFERED AN ANNUAL LUNCHEON. ATTENDANCE FOR THIS EVENT HAS GROWN TO OVER 500 BUSINESSES. IT PROVIDES OPPORTUNITIES FOR ITS MEMBERS TO COME TOGETHER ANNUALLY AND LEARN FROM THEIR PEERS FROM VARIOUS INDUSTRIES. PARTICIPANT EVALUATIONS OF THIS AND OTHER CONFERENCES INDICATE THE CHAMBER IS PROVIDING INFORMATION TO BUSINESSES THAT 1) HELPS THEM BETTER UNDERSTAND THE EXISTING PUBLIC POLICIES AND, 2) HELPS THEM BECOME MORE EFFICIENT AND EFFECTIVE IN THEIR BUSINESS OPERATIONS.
As filed on the 2023 return.
Listed in Part VII
-
Ann DetersANN DETERS
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
Dan WagnerDAN WAGNER
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
John F TheenJOHN F THEEN
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Kelly EdwardsKELLY EDWARDS
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Brent EichelbergerBRENT EICHELBERGER
IMMEDIATE PAST CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeff BallJEFF BALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Krishna K BansalKRISHNA K BANSAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Desiree M BennyhoffDESIREE M BENNYHOFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Edward R BonifasEDWARD R BONIFAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tracey Hyatt BosmanTRACEY HYATT BOSMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Todd BringuetTODD BRINGUET
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
David BrunerDAVID BRUNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Gary CamaranoGARY CAMARANO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert N CarneyROBERT N CARNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Juan ChavezJUAN CHAVEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Johnathan ChowanskyJOHNATHAN CHOWANSKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tom CollinsTOM COLLINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Candice CotterCANDICE COTTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jason CritesJASON CRITES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jean CrosbyJEAN CROSBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jason CrowderJASON CROWDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael CullenMICHAEL CULLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Brian DockeryBRIAN DOCKERY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Raymond DrakeRAYMOND DRAKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Heather FitzgeraldHEATHER FITZGERALD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Rudy FloresRUDY FLORES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kimberly GoddenKIMBERLY GODDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael GoldMICHAEL GOLD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ronald L GreeneRONALD L GREENE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Annie HarperANNIE HARPER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Greg HartGREG HART
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Christian HelmetagCHRISTIAN HELMETAG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Scott HeymanSCOTT HEYMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Natalie HigginsNATALIE HIGGINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Elizabeth N KerrELIZABETH N KERR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Troy LivelyTROY LIVELY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Lindsey McCutchanLINDSEY MCCUTCHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Susana MezaSUSANA MEZA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Monica MuellerMONICA MUELLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Leslie MungerLESLIE MUNGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Crystal OlsenCRYSTAL OLSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Finny RajchelFINNY RAJCHEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Rafel RakRAFEL RAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Roberto RamirezROBERTO RAMIREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tony ReinhartTONY REINHART
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Darren ReynoldsDARREN REYNOLDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael RichardsMICHAEL RICHARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeffrey A RischJEFFREY A RISCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Neli Vazquez RowlandNELI VAZQUEZ ROWLAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Peter SteinmeyerPETER STEINMEYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Eric StotlarERIC STOTLAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Laura ThonnLAURA THONN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jay WalshJAY WALSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Delbert WilkinsDELBERT WILKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Melissa WoessnerMELISSA WOESSNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Todd MaischTODD MAISCH
PRESIDENT
- Total calculated
- $171,788
- From this org
- $171,687
- From related orgs
- $0
- Other
- $101
- Hours/week
- 37.5 + 0.5 related
Schedule J breakdown matched by us
- Base
- $171,687
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $101
- Filer's total
- $171,788
-
Lori HiltabrandLORI HILTABRAND
COO & GENERAL COUNSEL
- Total calculated
- $201,095
- From this org
- $198,099
- From related orgs
- $0
- Other
- $2,996
- Hours/week
- 37.5 + 0.5 related
Schedule J breakdown matched by us
- Base
- $198,099
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $2,996
- Filer's total
- $201,095
-
Keith StaatsKEITH STAATS
EXECUTIVE DIRECTOR
- Total calculated
- $210,094
- From this org
- $210,094
- From related orgs
- $0
- Other
- $0
- Hours/week
- 37.5 + 0.5 related
Schedule J breakdown matched by us
- Base
- $210,094
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $210,094
-
Clark KaericherCLARK KAERICHER
VP GOVERNMENT AFFAIRS
- Total calculated
- $158,507
- From this org
- $139,194
- From related orgs
- $0
- Other
- $19,313
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $139,194
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $19,313
- Filer's total
- $158,507
-
Danielle BlakeDANIELLE BLAKE
VP MEMBER SERVICES
- Total calculated
- $143,821
- From this org
- $140,220
- From related orgs
- $0
- Other
- $3,601
- Hours/week
- 37.5
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
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Form 990 of other organizations
- 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
The filer's explanations (Part III)
- PART I, LINE 1A
- DUES ARE PAID TO SANGAMO CLUB TO USE VENUE FOR MEETINGS AND EVENTS FOR STAFF, MEMBERS, AND OTHER BUSINESS MEETINGS. THESE MEETINGS MAY BE USING EVENT SPACE OR DINING AREAS.
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.
-
THE ILLINOIS CHAMBER FOUNDATION
501(C)(3) · ORGANIZED AND OPERATED FOR CHARITABLE, SCIENTIFIC, AND EDUCTIONAL PURPOSES. · IL
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CENTER FOR BUSINESS MANAGEMENT
C · COMPLILANCE MATERIALS FOR EMPLOYERS · IL · 100% owned · controlled entity
Directly controlled by ILLINOIS CHAMBER OF COMMERCE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 25 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202432709349301313
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