Civic Intelligence

Greater O'Hare Association of Industry & Commerce

990 • Fiscal year 2021 • EIN 23-7108550

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 25, 2022

1200 Arlington Heights Rd 240Itasca, IL 60143

(630) 773-2944

Siviq Scores

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

Liabilities / Assets

46th percentile

0.00x

Higher debt load relative to assets than 46% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

45th percentile

0.00x

Higher debt load relative to revenue than 45% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

41st percentile

3.0%

Higher net margin than 41% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

87th percentile

$54,702

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 15.9% of source-year revenue.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

11th percentile

-24%

Faster asset growth than 11% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

34th percentile

-10%

Faster revenue growth than 34% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$203,412

Down $64,809 (-24%) from 2020

Net Assets

Up

$203,100

Up $10,140 (+5.3%) from 2020

Liabilities

Down

$312

Down $74,949 (-100%) from 2020

Revenue

Down

$343,548

Down $39,201 (-10%) from 2020

Expenses

Up

$333,408

Up $76,008 (+30%) from 2020

Net Income

Down

$10,140

Down $115,209 (-92%) from 2020

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

2021

Assets$203,412
Liabilities$312
Net Assets$203,100

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

2021

Revenue$343,548
Expenses$333,408
Net Income$10,140
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 25, 2022
Return Version
2021v4.1
Gross Receipts
$382,871
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$156,997$173,410▲ $16,413
Cash and Non-Interest-Bearing Accounts$111,224$30,002▼ $81,222
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$268,221$203,412▼ $64,809
Liabilities
Unsecured Notes Loans Payable$74,900$0▼ $74,900
Accounts Payable and Accrued Expenses$361$312▼ $49
Total Liabilities$75,261$312▼ $74,949
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$192,960$203,100▲ $10,140
Total Net Assets Fund Balance$192,960$203,100▲ $10,140
Total Liabilities and Net Assets / Fund Balance$268,221$203,412▼ $64,809

Asset Categories

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

Employees

NameTitleFull / Part TimeBaseTotal
Shirlanne LemmSecretary/executive DirectFT$54,702$54,702

Board Members and Trustees

NameTitle
Gary BeckerChair Elect
Amie GrangerChairman
Jim GrisetoPast Chair
Caterina AielloDirector
Christian MolinaroDirector
Eileen BrownDirector
Harry ChannonDirector
Matt HaroldDirector
Nina NielsonDirector
Paul GennusoDirector
Roger SmithDirector
Steve AndrewsDirector
Wendy BeckerDirector
E Jason TremblayOf Council
Kelley HareTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$185,094
Program Service Revenue
$123,080
Investment Income
$248
Other Revenue
$35,126
Change in Net Assets
$10,140
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$186,412
Other Expenses$146,996
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$109,130
Current Officers, Directors, Trustees, and Key Employees---$54,702
Occupancy---$45,691
Payroll Taxes---$13,100
Information Technology---$9,774
Other Employee Benefits---$9,480
Conferences and Meetings---$8,695
All Other Expenses---$7,483
Insurance---$6,892
Other Expenses---$4,383
Travel---$2,870
Interest---$2,016
Advertising---$1,868
Fees for Services Accounting---$1,246
Office Expenses---$1,153
Total Functional Expenses$0$0$0$333,408
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$71,731
Fundraising Direct Expenses$39,323
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$29,543$29,543$4,370$25,173
Luncheon$12,992$12,992-$12,992
Total Events$71,731$71,731$39,323$32,408
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 35% controlled entity
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
6307732944
Address
1200 ARLINGTON HEIGHTS RD 240, ITASCA, IL 60143

Signing Officer

Name
Shirlanne Lemm
Title
President
Phone
6307732944
Signed
2022-02-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shirlanne Lemm
Formed
1994
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
14
Employees
6
Volunteers
30

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/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt01000
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt1675
IRS990/OtherRevenueTotalAmt02718
IRS990/OtherSalariesAndWagesGrp/TotalAmt0109130
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt013100
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SHIRLANNE LEMM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc1SEAL CERTIFICATE FEES
IRS990/ProgramServiceRevenueGrp/Desc2GONE
IRS990/ProgramServiceRevenueGrp/Desc3GAT
IRS990/ProgramServiceRevenueGrp/Desc4ELK GROVE VILLAGE DIRE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt048440
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt133495
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt227977
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt37154
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt45000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt048440
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt133495
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt227977
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37154
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt45000
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/PYContributionsGrantsAmt0205803
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt059
IRS990/PYOtherExpensesAmt0133316
IRS990/PYOtherRevenueAmt052982
IRS990/PYProgramServiceRevenueAmt0123905
IRS990/PYRevenuesLessExpensesAmt0125349
IRS990/PYSalariesCompEmpBnftPaidAmt0124084
IRS990/PYTotalExpensesAmt0257400
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0382749
IRS990/ReconcilationRevenueExpnssAmt010140
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0156997
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0173410
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015828
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015828
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt039323
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0LUNCHEON
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt05520
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt05520
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt029543
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012992
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt029196
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt071731
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt029543
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt012992
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt029196
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt071731
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt032408
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt012927
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt017297
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04370
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt09
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt08060
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt05521
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt02925
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt016506
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/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0268221
IRS990/TotalAssetsEOYAmt0203412
IRS990/TotalAssetsGrp/BOYAmt0268221
IRS990/TotalAssetsGrp/EOYAmt0203412
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0185094
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/TotalAmt0333408
IRS990/TotalGrossUBIAmt01675
IRS990/TotalLiabilitiesBOYAmt075261
IRS990/TotalLiabilitiesEOYAmt0312
IRS990/TotalLiabilitiesGrp/BOYAmt075261
IRS990/TotalLiabilitiesGrp/EOYAmt0312
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0192960
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0203100
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt01014
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt01014
IRS990/TotalProgramServiceRevenueAmt0123080
IRS990/TotalReportableCompFromOrgAmt054702
IRS990/TotalRevenueGrp/ExclusionAmt032656
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0124123
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0343548
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt01675
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0268221
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0203412
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt02870
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt074900
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01200 ARLINGTON HEIGHTS RD 240
IRS990/USAddress/CityNm0ITASCA
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060143
IRS990/VotingMembersGoverningBodyCnt014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
2021Detailed filing. Detailed filing data is available for this year.$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
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)6 • <$500k nonprofits