Skip to content
Nonprofiteer
← EDISON PARK CHAMBER OF COMMERCE

Form 990 for tax year 2024

Filed by EDISON PARK CHAMBER OF COMMERCE.

Totals

Total revenue
$229,113
Total expenses
$269,939
Contributions and grants received
$107,476
Grants paid
$0
Program service revenue
$102,521
Investment income
$0
Other revenue
$19,116
Total assets, end of year
$600,137
Total liabilities, end of year
$177,025
Net assets or fund balances, end of year
$423,112
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$104,947

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

    $32,920

  • 1e · Government grants (contributions)

    $74,556

  • 2a · Program service revenue: PARKING LOTS RENTAL

    total $36,050 · unrelated business $36,050

  • 2b · Program service revenue: TRAIN STATION MANAGMEN

    total $33,567 · unrelated business $33,567

  • 2c · Program service revenue: ADVERTISING RENTAL

    total $25,875 · unrelated business $25,875

  • 2d · Program service revenue: COMMUNITY PROGRAMS & E

    total $4,501 · related or exempt $4,501

  • 2e · Program service revenue: GIFT CERTIFICATES

    total $2,528 · unrelated business $2,528

  • 8a · Fundraising events: gross income

    $274,218

  • 8b · Fundraising events: direct expenses

    $255,102

  • 8c · Net income from fundraising events

    total $19,116 · excluded $19,116

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $60,845

  • 7 · Other salaries and wages

    total $25,245

  • 10 · Payroll taxes

    total $6,985

  • 11b · Fees: legal

    total $70

  • 11c · Fees: accounting

    total $15,818

  • 12 · Advertising and promotion

    total $29,642

  • 13 · Office expenses

    total $25,982

  • 16 · Occupancy

    total $3,305

  • 20 · Interest

    total $6,663

  • 22 · Depreciation, depletion and amortization

    total $2,054

  • 23 · Insurance

    total $9,287

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $27,838

  • 24b · Other expenses: REAL ESTATE TAXES

    total $17,269

  • 24c · Other expenses: SECURITY

    total $8,095

  • 24d · Other expenses: OTHER EXPENSES

    total $6,274

  • 24e · All other expenses

    total $24,567

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $98,503 · end of year $77,514

  • 7 · Other notes and loans receivable

    beginning of year $11,907

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,956 · end of year $2,976

  • 10a · Land, buildings and equipment: cost or other basis

    $693,493

  • 10b · Land, buildings and equipment: accumulated depreciation

    $178,577

  • 10c · Land, buildings and equipment, net

    beginning of year $516,967 · end of year $514,916

  • 15 · Other assets

    beginning of year $5,538 · end of year $4,731

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,325 · end of year $24,669

  • 19 · Deferred revenue

    beginning of year $43,775 · end of year $53,975

  • 23 · Secured mortgages and notes payable

    beginning of year $107,781 · end of year $98,381

  • 25 · Other liabilities

    beginning of year $783 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $4,887 · end of year $4,887

  • 31 · Retained earnings, endowment or other funds

    beginning of year $476,320 · end of year $418,225

Mission and programs · 2024

Mission

TO DRIVE ECONOMIC GROWTH AND PROSPERITY WITHIN OUR REGION BY CHAMPIONING LOCAL BUSINESSES THROUGH ADVOCACY, STRATEGIC NETWORKING, AND ACCESS TO ESSENTIAL RESOURCES -- FOSTERING A DYNAMIC AND RESILIENT BUSINESS COMMUNITY

Activities or mission (Part I)

TO PROMOTE AND ADVOCATE FOR THE ECONOMIC VITALITY OF EDISON PARK, ILLINOIS, BY SUPPORTING LOCAL COMMERCE AND FOSTERING SUSTAINABLE GROWTH AND PROSPERITY FOR THE ENTIRE COMMUNITY.

  • THE EDISON PARK FEST - A THREE-DAY COMMUNITY EVENT ENCOMPASSING A DIVERSE ARRAY OF ATTRACTIONS, INCLUDING A BUSINESS EXPOSITION, ARTS AND CRAFTS DISPLAYS, A PARADE, LIVE ENTERTAINMENT, A DOG SHOW, BINGO, RAFFLES, THE TASTE OF EDISON PARK, A CARNIVAL, AND VARIOUS GAMES. THE FESTIVAL SERVES AS A CATALYST FOR ECONOMIC DEVELOPMENT BY ATTRACTING VISITORS TO THE AREA AND HIGHLIGHTING THE OFFERINGS OF LOCAL BUSINESSES.

    Expenses $104,947 · Revenue $4,501

  • COMMUNITY PROGRAMS - A DIVERSE RANGE OF INITIATIVES DESIGNED TO BENEFIT THE EDISON PARK COMMUNITY, INCLUDING EDISON PARK RESTAURANT WEEK, THE SUNDAY FUNDAY ST. PATRICK'S CELEBRATION, AND THE SANTA EXPRESS HOLIDAY FESTIVAL. THESE EVENTS SERVE TO ENHANCE COMMUNITY ENGAGEMENT WHILE PROMOTING AND SUPPORTING LOCAL BUSINESSES THROUGHOUT THE AREA.

  • PARKING DEVELOPMENT - OWN AND MANAGE TWO PARKING LOTS TO BE BENEFIT THE CORE BUSINESS DISTRICT OF THE COMMUNITY.

  • PARKING DEVELOPMENT - OWN AND MANAGE TWO PARKING LOTS TO BE BENEFIT THE CORE BUSINESS DISTRICT OF THE COMMUNITY.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jackie Adams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kelly Clark

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Dennis Gancarz

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Dan Kieres

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lewis Luburich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • George McCarthy

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Anthony Mullarkey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kristi Roque

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • August Genovesi

    TREASURE

    Total calculated
    $0
    Hours/week
    2

  • Kerry Corso

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Matthew Skaggs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sam Chiappetta

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Patrick Twardak

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Katie McFadden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Amanda Harris

    EXECUTIVE DIRECTOR

    Total calculated
    $60,000
    From this org
    $60,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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
2024
Filed
13 July 2025
IRS schema version
2024v5.2
Source object
202511949349300201

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.