Form 990 for tax year 2025
Filed by LITTLE VILLAGE 26TH ST AREA CHAMBER OF COMMERCE INC.
Totals
- Total revenue
- $876,144
- Total expenses
- $937,764
- Contributions and grants received
- $559,672
- Grants paid
- $0
- Program service revenue
- $159,318
- Investment income
- $13,436
- Other revenue
- $143,718
- Total assets, end of year
- $785,675
- Total liabilities, end of year
- $375,000
- Net assets or fund balances, end of year
- $410,675
- Program services expenses (Part IX)
- $715,261
- Management and general expenses
- $164,498
- Fundraising expenses
- $58,005
- Program service expenses (Part III)
- not reported
Program services were 76.3% 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.
-
1b · Membership dues
$53,970
-
1e · Government grants (contributions)
$503,202
-
1f · All other contributions, gifts and grants
$2,500
-
2a · Program service revenue: SSA PROVIDER DIRECT
total $87,895 · related or exempt $87,895
-
2b · Program service revenue: OTHER INCOME
total $59,373 · related or exempt $59,373
-
2c · Program service revenue: BANNER REVENUE
total $12,050 · related or exempt $12,050
-
3 · Investment income
total $13,436 · excluded $13,436
-
8a · Fundraising events: gross income
$450,092
-
8b · Fundraising events: direct expenses
$306,374
-
8c · Net income from fundraising events
total $143,718
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $371,202 · program services $278,402 · management and general $59,392 · fundraising $33,408
-
8 · Pension plan contributions
total $14,330 · management and general $14,330
-
10 · Payroll taxes
total $29,885 · program services $22,413 · management and general $4,782 · fundraising $2,690
-
11c · Fees: accounting
total $51,792 · management and general $51,792
-
12 · Advertising and promotion
total $39,614 · program services $39,614
-
13 · Office expenses
total $23,606 · program services $7,790 · management and general $8,026 · fundraising $7,790
-
16 · Occupancy
total $15,868 · program services $12,455 · management and general $3,413
-
17 · Travel
total $10,610 · program services $10,610
-
20 · Interest
total $8,056 · management and general $8,056
-
22 · Depreciation, depletion and amortization
total $3,843 · program services $3,843
-
23 · Insurance
total $30,397 · program services $18,542 · fundraising $11,855
-
24a · Other expenses: PROGRAM CONSULTANTS
total $177,979 · program services $177,979
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $114,436 · program services $114,436
-
24c · Other expenses: COMMISSION EXPENSE
total $25,134 · program services $18,851 · management and general $4,021 · fundraising $2,262
-
24d · Other expenses: MEALS & ENTERTAINMENT
total $9,334 · program services $8,961 · management and general $373
-
24e · All other expenses
total $11,678 · program services $1,365 · management and general $10,313
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $449,293 · end of year $602,898
-
4 · Accounts receivable
beginning of year $23,712 · end of year $114,378
-
10a · Land, buildings and equipment: cost or other basis
$90,884
-
10b · Land, buildings and equipment: accumulated depreciation
$67,485
-
10c · Land, buildings and equipment, net
beginning of year $27,243 · end of year $23,399
-
15 · Other assets
end of year $45,000
-
17 · Accounts payable and accrued expenses
beginning of year $2,953
-
19 · Deferred revenue
beginning of year $25,000
-
25 · Other liabilities
end of year $375,000
-
27 · Net assets without donor restrictions
beginning of year $472,295 · end of year $410,675
Mission and programs · 2025
Mission
THE CHAMBER'S MISSION IS TO PROMOTE AND SUPPORT THE GROWTH AND SUCCESS OF BUSINESS IN LITTLE VILLAGE AND TO LEVERAGE THE COMMUNITY'S UNIQUE CULTURAL IDENTITY TO GENERATE NEW BUSINESS OPPORTUNITIES. THE LITTLE VILLAGE 26TH TSREET AREA CHAMBER OF COMMERCE WORKS CLOSELY WITH BUSINESS AND COMMUNITY LEADERS, LOCAL, STATE AND FEDERAL AGENCIES; LAW ENFORCEMENT; CORPORATE PARTNERS; ELECTED OFFICIALS AND OTHERS TO ADDRESS THE ISSUES THAT AFFECT BUSINESS OWNERS AND COMMUNITY RESIDENTS. THE LITTLE VILLAGE CHAMBER OF COMMERCE SERVES ITS MEMBERS AND PROMOTES THE LITTLE VILLAGE BUSINESS COMMUNITY BY FOCUSING ON TWO PRIMARY AREAS: MEMBER SERVICES AND COMMERCIAL DEVELOPMENT.
Activities or mission (Part I)
TO SERVE ITS MEMBERS AND PROMOTE THE LITTLE VILLAGE AREA THROUGH ASSISTANCE, ADVOCACY, AND COMMERCIAL DEVELOPMENT.
-
TO PROVIDE ENTREPRENEURS THE UTMOST LEVEL OF SUPPORT TO INSURE THAT BUSINESS GROWTH IS FEASIBLE BY PROVIDING CONSULTING SERVICES AND OPERATIONAL ANALYTICS TOGETHER HELPS PREVENT DEVELOPING ISSUES GET RESOLVED BEFORE BUSINESS IS IMPACTED. GEARED TOWARDS BRIDGING THE GAP BETWEEN UNEMPLOYED YOUNG ADULTS AND EMPLOYER DEMAND. TRANSITION FROM ENTREPRENEUR TO BUSINESS OWNERS. RESOLVE VACANT RESIDENTIAL AND COMMERCIAL PROPERTIES ISSUES.
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mayra KhanMAYRA KHAN
SECRETARY
- Total calculated
- $0
-
Antonio GuillenANTONIO GUILLEN
PRESIDENT &
- Total calculated
- $0
-
Jason RobertsJASON ROBERTS
VICE TREASUR
- Total calculated
- $0
-
Salvador PedrozaSALVADOR PEDROZA
DIRECTOR
- Total calculated
- $0
-
Marco RodriguezMARCO RODRIGUEZ
DIRECTOR
- Total calculated
- $0
-
Robert GottfredROBERT GOTTFRED
DIRECTOR
- Total calculated
- $0
-
Roman RuizROMAN RUIZ
VICE PRESIDE
- Total calculated
- $0
-
Mike MorenoMIKE MORENO
DIRECTOR
- Total calculated
- $0
-
Abad LopezABAD LOPEZ
DIRECTOR
- Total calculated
- $0
-
Mario GaminoMARIO GAMINO
DIRECTOR
- Total calculated
- $0
-
Vicente TorresVICENTE TORRES
VICE SECRETA
- Total calculated
- $0
-
Christina GonzalezCHRISTINA GONZALEZ
DIRECTOR
- Total calculated
- $0
-
Luis VazquezLUIS VAZQUEZ
DIRECTOR
- Total calculated
- $0
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
- 2025
- Filed
- 21 July 2026
- IRS schema version
- 2025v4.0
- Source object
- 202612609349300611
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