Totals
- Total revenue
- $14
- Total expenses
- $1,867
- Contributions and grants received
- not reported
- Grants paid
- not reported
- Program service revenue
- not reported
- Membership dues (line 3)
- not reported
- Investment income (line 4)
- not reported
- Gain or loss on sale of assets (line 5c)
- not reported
- Gaming and fundraising events, net (line 6d)
- not reported
- Gross profit on inventory sales (line 7c)
- not reported
- Other revenue (line 8)
- $14
- Total assets, end of year
- $15,688
- Total liabilities, end of year
- $72,071
- Net assets or fund balances, end of year
- -$56,383
- Program service expenses (Part III)
- $0
Program services were 0.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2024
Primary exempt purpose
THE MAIN PURPOSE OF THE ILLINOIS CHAMBER OF COMMERCE FOUNDATION IS TO RAISE AND EXPEND FUNDS FOR THE PURPOSES OF FINANCING AND SPONSORING, PUBLISHING, PROMOTING AND DISTRIBUTING RESEARCH ON ISSUES IMPORTANT TO BUSINESSES OR ISSUES AND ANALYSES OF THE ILLINOIS ECONOMY AND BUSINESS CLIMATE; PROVIDE EDUCATIONAL FORUMS THAT FACILITATE THE DISCUSSION AND DEBATE OF POLICY OR OPERATIONAL MATTER THAT IMPACT BUSINESSES GENERALLY, BUSINESS SEGMENTS OF THE ILLINOIS ECONOMY, OR THE ILLINOIS BUSINESS CLIMATE; AND WITH OTHER ORGANIZATIONS, SPONSOR ACTIVITIES AND RESEARCH PROJECTS THAT ARE CONSISTENT WITH THE STATED PURPOSES.
-
RAISE AND EXPEND FUNDS TO PROVIDE RESEARCH AND EDUCATION TO BUSINESSES ON ISSUES THAT MAY HAVE OPERATIONAL OR FINANCIAL IMPACTS ON THEIR BUSINESS
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part IV
-
Dr James WeyhenmeyerDR JAMES WEYHENMEYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Rick NewfieldRICK NEWFIELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Christian HelmetagCHRISTIAN HELMETAG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ray DrakeRAY DRAKE
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
Joe DivelyJOE DIVELY
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael MosesMICHAEL MOSES
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523169349203957
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.