Civic Intelligence

Greater O'Hare Association of Industry & Commerce

990 • Fiscal year 2018 • EIN 23-7108550

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 23, 2019

1200 Arlington Heights Rd No 240Itasca, IL 60143

(630) 350-2944

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.01x

Higher debt load relative to assets than 32% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

24th percentile

0.00x

Higher debt load relative to revenue than 24% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Net Margin

37th percentile

0.4%

Higher net margin than 37% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

59th percentile

$81,239

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Asset Growth

54th percentile

4.4%

Faster asset growth than 54% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

29th percentile

-3.5%

Faster revenue growth than 29% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$52,249

Up $2,189 (+4.4%) from 2017

Net Assets

Up

$51,717

Up $2,015 (+4.1%) from 2017

Liabilities

Up

$532

Up $174 (+49%) from 2017

Revenue

Down

$487,662

Down $17,936 (-3.5%) from 2017

Expenses

Down

$485,647

Down $36,741 (-7.0%) from 2017

Net Income

Up

$2,015

Up $18,805 (+112%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2010: $49,190Liabilities 2010: $157Net Assets 2010: $49,0332010Assets 2011: $59,056Liabilities 2011: $0Net Assets 2011: $59,0562011Assets 2012: $82,430Liabilities 2012: $18,144Net Assets 2012: $64,2862012Assets 2013: $81,358Liabilities 2013: $1,775Net Assets 2013: $79,5832013Assets 2014: $63,622Liabilities 2014: $296Net Assets 2014: $63,3262014Assets 2015: $67,404Liabilities 2015: $244Net Assets 2015: $67,1602015Assets 2016: $66,634Liabilities 2016: $142Net Assets 2016: $66,4922016Assets 2017: $50,060Liabilities 2017: $358Net Assets 2017: $49,7022017Assets 2018: $52,249Liabilities 2018: $532Net Assets 2018: $51,7172018Assets 2019: $67,988Liabilities 2019: $377Net Assets 2019: $67,6112019Assets 2020: $268,221Liabilities 2020: $75,261Net Assets 2020: $192,9602020Assets 2021: $203,412Liabilities 2021: $312Net Assets 2021: $203,1002021Assets 2022: $150,122Liabilities 2022: $266Net Assets 2022: $149,8562022Assets 2024: $158,807Liabilities 2024: $0Net Assets 2024: $158,8072024

Highlighted filing

2018

Assets$52,249
Liabilities$532
Net Assets$51,717

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $479,0212010Expenses 2011: $533,3052011Expenses 2012: $524,4542012Revenue 2013: $514,970Expenses 2013: $499,673Net Income 2013: $15,2972013Revenue 2014: $510,496Expenses 2014: $526,753Net Income 2014: -$16,2572014Revenue 2015: $535,887Expenses 2015: $532,053Net Income 2015: $3,8342015Revenue 2016: $516,140Expenses 2016: $516,808Net Income 2016: -$6682016Revenue 2017: $505,598Expenses 2017: $522,388Net Income 2017: -$16,7902017Revenue 2018: $487,662Expenses 2018: $485,647Net Income 2018: $2,0152018Revenue 2019: $487,444Expenses 2019: $475,593Net Income 2019: $11,8512019Revenue 2020: $382,749Expenses 2020: $257,400Net Income 2020: $125,3492020Revenue 2021: $343,548Expenses 2021: $333,408Net Income 2021: $10,1402021Revenue 2022: $364,177Expenses 2022: $457,548Net Income 2022: -$93,3712022Revenue 2024: $508,742Expenses 2024: $479,187Net Income 2024: $29,5552024

Highlighted filing

2018

Revenue$487,662
Expenses$485,647
Net Income$2,015
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 23, 2019
Return Version
2018v3.1
Gross Receipts
$544,548
Mission and Program Overview

Mission

Our focus is to provide members with unique business and personal development through networking, education and marketing opportunities. We are committed to growing and sustaining a strong regional community by providing business advocacy for our member companies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$32,013$31,583▼ $430
Cash and Non-Interest-Bearing Accounts$17,203$20,666▲ $3,463
Land, Buildings, and Equipment, Net$844$0▼ $844
Total Assets$50,060$52,249▲ $2,189
Liabilities
Accounts Payable and Accrued Expenses$358$532▲ $174
Total Liabilities$358$532▲ $174
Net Assets / Fund Balance
Unrestricted Net Assets$49,702$51,717▲ $2,015
Total Net Assets Fund Balance$49,702$51,717▲ $2,015
Total Liabilities and Net Assets / Fund Balance$50,060$52,249▲ $2,189

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$15,828$15,828
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shirlanne LemmSec./presidentFT$81,239$81,239

Board Members and Trustees

NameTitle
Sandra TeagueChair
Steve AndrewsChair Elect
Matt GennusoPast Chairman
Jim GrisetoVice Chair
John QuinnVice Chair
Jon ZaleyVice Chair
Amie GrangerDirector
David ParuloDirector
E Jason TremblayDirector
Ginny WagnerDirector
Mary Ellen LarsonDirector
Matthew HarroldDirector
Nathan OlsonDirector
Roger SmithDirector
Rosanna DefrenzaDirector
Tim ConnDirector
Waleed AjlouniDirector
Kelley HareTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$267,914
Program Service Revenue
$111,117
Investment Income
$179
Other Revenue
$108,452
Change in Net Assets
$2,015
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$321,729
Other Expenses$163,918
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$201,025
Current Officers, Directors, Trustees, and Key Employees---$81,239
Occupancy---$53,809
Payroll Taxes---$27,726
Other Employee Benefits---$11,739
All Other Expenses---$9,423
Information Technology---$9,410
Conferences and Meetings---$8,426
Insurance---$7,628
Travel---$5,750
Other Expenses---$5,085
Advertising---$2,280
Office Expenses---$2,198
Fees for Services Accounting---$1,292
Depreciation Depletion---$844
Total Functional Expenses$0$0$0$485,647
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$145,781
Fundraising Direct Expenses$56,886
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Luncheon$37,319$37,319$11,081$26,238
Expo$36,251$36,251$6,211$30,040
Total Events$145,781$145,781$56,886$88,895
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Members consist of individuals and businesses in the communities served

Form 990, Part VI, Section A, Line 7A

The members of the current governing body elect new members to the governing body, any member may volunteer to be considered as an addition to the board

Form 990, Part VI, Section B, Line 11B

Board members are e-mailed a copy of the 990 and given the opportunity to review it before filing.

Form 990, Part VI, Section B, Line 15A

The board members review and approve the compensation of the president and all other employees on an annual basis

Form 990, Part VI, Section C, Line 19

Governing documents, policies, and finanical statements are made available upon request to the greater ohare assocation at our offices located at 1200 arlington heights rd, ste 240, itasca, il 60143.

Filing and Contact Details

Filer

Filer Name
GREATER O'HARE ASSOCIATION
EIN
23-7108550
Phone
6303502944
Address
1200 ARLINGTON HEIGHTS RD NO 240, ITASCA, IL 60143

Signing Officer

Name
Shirlanne Lemm
Title
President
Phone
6303502944
Signed
2019-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shirlanne Lemm
Formed
1994
Legal Domicile
Il
Voting Board Members
19
Independent Board Members
19
Employees
7
Volunteers
80

Preparer

Firm
Porte Brown LLC
Address
845 OAKTON STREET, ELK GROVE VILLAGE, IL 60007
Preparer
Kelley M Hare
Phone
8479561040
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IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt053809
IRS990/OfficeExpensesGrp/TotalAmt02198
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt011739
IRS990/OtherExpensesGrp/Desc0EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc1FOOD AND BEVERAGE
IRS990/OtherExpensesGrp/Desc2CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc3PRINTING AND PUBLICATIO
IRS990/OtherExpensesGrp/TotalAmt030323
IRS990/OtherExpensesGrp/TotalAmt118357
IRS990/OtherExpensesGrp/TotalAmt29093
IRS990/OtherExpensesGrp/TotalAmt35085
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2541800
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUES
IRS990/OtherRevenueMiscGrp/Desc1INSERT INCOME
IRS990/OtherRevenueMiscGrp/Desc2DISPLAY AD INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt016145
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt016145
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12337
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21075
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt02337
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt11075
IRS990/OtherRevenueTotalAmt019557
IRS990/OtherSalariesAndWagesGrp/TotalAmt0201025
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt027726
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SHIRLANNE LEMM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0SEAL CERTIFICATE FEES
IRS990/ProgramServiceRevenueGrp/Desc1GONE
IRS990/ProgramServiceRevenueGrp/Desc2MANAGEMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc3GAT
IRS990/ProgramServiceRevenueGrp/Desc4ELK GROVE VILLAGE DIRE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt038507
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt133590
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt218000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt38773
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt47000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt038507
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt133590
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt218000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt38773
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt47000
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE SEMINARS TO MEMBERS TO PROVIDE INFORMATION RELEVANT TO THE IMPROVEMENT OF LOCAL BUSINESS CONDITIONS
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDE DATA ON LOCAL AREA BUSINESS CONDITIONS THROUGH SURVEY INFORMATION AND NEWSLETTERS
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0284538
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt020
IRS990/PYOtherExpensesAmt0196327
IRS990/PYOtherRevenueAmt0100522
IRS990/PYProgramServiceRevenueAmt0120518
IRS990/PYRevenuesLessExpensesAmt0-16790
IRS990/PYSalariesCompEmpBnftPaidAmt0326061
IRS990/PYTotalExpensesAmt0522388
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0505598
IRS990/ReconcilationRevenueExpnssAmt02015
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt032013
IRS990/SavingsAndTempCashInvstGrp/EOYAmt031583
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015828
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015828
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt056886
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0EXPO
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0LUNCHEON
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt036251
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt037319
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt072211
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0145781
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt036251
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt037319
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt072211
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0145781
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt088895
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt020487
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt037779
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06211
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt011081
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt06
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03000
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt08007
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt08100
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt019107
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS CONSIST OF INDIVIDUALS AND BUSINESSES IN THE COMMUNITIES SERVED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE CURRENT GOVERNING BODY ELECT NEW MEMBERS TO THE GOVERNING BODY, ANY MEMBER MAY VOLUNTEER TO BE CONSIDERED AS AN ADDITION TO THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE E-MAILED A COPY OF THE 990 AND GIVEN THE OPPORTUNITY TO REVIEW IT BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD MEMBERS REVIEW AND APPROVE THE COMPENSATION OF THE PRESIDENT AND ALL OTHER EMPLOYEES ON AN ANNUAL BASIS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, POLICIES, AND FINANICAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST TO THE GREATER OHARE ASSOCATION AT OUR OFFICES LOCATED AT 1200 ARLINGTON HEIGHTS RD, STE 240, ITASCA, IL 60143.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt050060
IRS990/TotalAssetsEOYAmt052249
IRS990/TotalAssetsGrp/BOYAmt050060
IRS990/TotalAssetsGrp/EOYAmt052249
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0267914
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/TotalAmt0485647
IRS990/TotalGrossUBIAmt03412
IRS990/TotalLiabilitiesBOYAmt0358
IRS990/TotalLiabilitiesEOYAmt0532
IRS990/TotalLiabilitiesGrp/BOYAmt0358
IRS990/TotalLiabilitiesGrp/EOYAmt0532
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt049702
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt051717
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt05247

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.00$1.59$5.09$4.79$0.30
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.00$1.50$3.64$4.58$0.93
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.00$2.03$3.44$3.33$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$0.75$1.93$3.83$2.57$1.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.00$0.68$4.87$4.76$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.52$0.01$0.52$4.88$4.86$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.00$0.50$5.06$5.22$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.00$0.66$5.16$5.17$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$5.36$5.32$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.63$5.10$5.27$0.16
2013Detailed filing. Detailed filing data is available for this year.$0.81$0.02$0.80$5.15$5.00$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.18$0.64$5.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.00$0.59$5.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.00$0.49$4.79