Form 990 for tax year 2023
Filed by LINCOLN SQUARE RAVENSWOOD CHAMBER OF COMMERCE.
What the amendment changed
Compared with the return it replaced , filed 15 November 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) 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.
- Total expenses
- $1,113,209 changed to $1,115,326
- Total assets, end of year
- $369,728 changed to $386,039
- Total liabilities, end of year
- $21,710 changed to $40,138
- Net assets or fund balances, end of year
- $348,018 changed to $345,901
- Program services expenses
- $919,837 changed to $919,340
- Management and general expenses
- $193,372 changed to $195,986
- Program service expenses (Part III)
- $919,837 changed to $919,340
Totals
- Total revenue
- $1,194,107
- Total expenses
- $1,115,326
- Contributions and grants received
- $183,271
- Grants paid
- $0
- Program service revenue
- $1,010,529
- Investment income
- $307
- Other revenue
- $0
- Total assets, end of year
- $386,039
- Total liabilities, end of year
- $40,138
- Net assets or fund balances, end of year
- $345,901
- Program services expenses (Part IX)
- $919,340
- Management and general expenses
- $195,986
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $919,340
Program services were 82.4% 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.
-
1b · Membership dues
$94,507
-
1f · All other contributions, gifts and grants
$88,764
-
2a · Program service revenue: FESTIVALS & EVENTS
total $737,519 · related or exempt $737,519
-
2b · Program service revenue: CONTRACT - CITY OF CHI
total $184,759 · related or exempt $184,759
-
2c · Program service revenue: SSA SOLE SERVICE PROVI
total $77,001 · related or exempt $77,001
-
2d · Program service revenue: MARKETING & PROMOTION
total $11,250 · related or exempt $11,250
-
3 · Investment income
total $307 · excluded $307
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $414,361 · program services $332,162 · management and general $82,199
-
9 · Other employee benefits
total $34,284 · program services $27,482 · management and general $6,802
-
11a · Fees: management
total $130,122 · program services $130,122
-
11c · Fees: accounting
total $7,774 · management and general $7,774
-
11g · Fees: other
total $4,590 · program services $3,679 · management and general $911
-
12 · Advertising and promotion
total $31,863 · program services $31,863
-
13 · Office expenses
total $47,068 · management and general $47,068
-
16 · Occupancy
total $18,489 · program services $3,280 · management and general $15,209
-
19 · Conferences, conventions and meetings
total $1,841 · program services $1,841
-
22 · Depreciation, depletion and amortization
total $356 · management and general $356
-
23 · Insurance
total $8,064 · management and general $8,064
-
24a · Other expenses: PROMOTIONS AND EVENTS
total $373,930 · program services $373,930
-
24b · Other expenses: STORAGE
total $10,811 · program services $2,703 · management and general $8,108
-
24c · Other expenses: SUBSCRIPTIONS
total $9,093 · management and general $9,093
-
24d · Other expenses: GRANTS PROGRAM
total $7,760 · program services $7,760
-
24e · All other expenses
total $14,920 · program services $4,518 · management and general $10,402
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $173,319 · end of year $353,635
-
4 · Accounts receivable
beginning of year $77,626 · end of year $1,000
-
9 · Prepaid expenses and deferred charges
beginning of year $3,788 · end of year $945
-
10a · Land, buildings and equipment: cost or other basis
$18,981
-
10b · Land, buildings and equipment: accumulated depreciation
$8,950
-
10c · Land, buildings and equipment, net
beginning of year $10,387 · end of year $10,031
-
15 · Other assets
beginning of year $2,000 · end of year $20,428
-
17 · Accounts payable and accrued expenses
end of year $2,390
-
25 · Other liabilities
beginning of year $0 · end of year $37,748
-
27 · Net assets without donor restrictions
beginning of year $267,120 · end of year $345,901
Mission and programs · 2023
Mission
TO PROMOTE AND ADVANCE LOCAL BUSINESSES AND COMMUNITY INTERESTS THROUGH ACTIVITIES, COMBINED ADVERTISING, PROMOTIONS AND EVENTS.
-
PROGRAMS, STREET FESTIVALS AND COMMUNITY EVENTS TO PROMOTE AND ADVANCE LOCAL BUSINESSES.
Expenses $919,340
As filed on the 2023 return.
Listed in Part VII
-
Ed KaczmarekED KACZMAREK
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Aaron ZachariasAARON ZACHARIAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Amy HansenAMY HANSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Anne MerrittANNE MERRITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
David CampDAVID CAMP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Hagen DostHAGEN DOST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Scott FriedlandSCOTT FRIEDLAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Heather PolcasterHEATHER POLCASTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dave ZibellDAVE ZIBELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Brandon ComerfordBRANDON COMERFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Adam GarciaADAM GARCIA
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
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
- 17 November 2025
- IRS schema version
- 2023v6.0
- Source object
- 202543219349324029
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