Civic Intelligence

Lake Zurich Area Chamber of Commerce

EIN 23-7366102 • 501(c)6 • Lake Zurich, IL

Profile

The mission of the lake zurich area chamber of commerce is to enhance the economic vitality of our members and communities.

33 E Main StreetLake Zurich, IL 60047

www.lzacc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

85th percentile

0.29x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.10x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

64th percentile

7.6%

Higher net margin than 64% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

95th percentile

83%

Faster asset growth than 95% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

18%

Faster revenue growth than 76% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$63,197

Up $28,577 (+83%) from 2023

Liabilities

Up

$18,550

Up $14,556 (+364%) from 2023

Net Assets

Up

$44,647

Up $14,021 (+46%) from 2023

Revenue

Up

$183,285

Up $28,541 (+18%) from 2023

Expenses

Up

$169,264

Up $3,130 (+1.9%) from 2023

Net Income

Up

$14,021

Up $25,411 (+223%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0-$50KAssets 2011: $188,611Liabilities 2011: $74,098Net Assets 2011: $114,5132011Assets 2012: $148,347Liabilities 2012: $58,680Net Assets 2012: $89,6672012Assets 2013: $128,265Liabilities 2013: $63,293Net Assets 2013: $64,9722013Assets 2014: $103,868Liabilities 2014: $60,957Net Assets 2014: $42,9112014Assets 2015: $81,869Liabilities 2015: $67,047Net Assets 2015: $14,8222015Assets 2016: $72,591Liabilities 2016: $80,699Net Assets 2016: -$8,1082016Assets 2017: $54,362Liabilities 2017: $59,485Net Assets 2017: -$5,1232017Assets 2018: $60,714Liabilities 2018: $12,289Net Assets 2018: $48,4252018Assets 2019: $50,052Liabilities 2019: $8,087Net Assets 2019: $41,9652019Assets 2020: $65,733Liabilities 2020: $32,443Net Assets 2020: $33,2902020Assets 2021: $52,408Liabilities 2021: $10,734Net Assets 2021: $41,6742021Assets 2022: $58,949Liabilities 2022: $11,941Net Assets 2022: $47,0082022Assets 2023: $34,620Liabilities 2023: $3,994Net Assets 2023: $30,6262023Assets 2024: $63,197Liabilities 2024: $18,550Net Assets 2024: $44,6472024

Highlighted filing

2024

Assets$63,197
Liabilities$18,550
Net Assets$44,647

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2011: $208,5942011Expenses 2012: $197,5632012Revenue 2013: $180,786Expenses 2013: $207,306Net Income 2013: -$26,5202013Revenue 2014: $179,892Expenses 2014: $201,953Net Income 2014: -$22,0612014Revenue 2015: $179,215Expenses 2015: $207,304Net Income 2015: -$28,0892015Revenue 2016: $172,741Expenses 2016: $195,671Net Income 2016: -$22,9302016Revenue 2017: $202,295Expenses 2017: $199,310Net Income 2017: $2,9852017Revenue 2018: $201,951Expenses 2018: $190,372Net Income 2018: $11,5792018Revenue 2019: $190,180Expenses 2019: $190,062Net Income 2019: $1182019Revenue 2020: $153,587Expenses 2020: $156,110Net Income 2020: -$2,5232020Revenue 2021: $161,474Expenses 2021: $153,090Net Income 2021: $8,3842021Revenue 2022: $187,593Expenses 2022: $182,259Net Income 2022: $5,3342022Revenue 2023: $154,744Expenses 2023: $166,134Net Income 2023: -$11,3902023Revenue 2024: $183,285Expenses 2024: $169,264Net Income 2024: $14,0212024

Highlighted filing

2024

Revenue$183,285
Expenses$169,264
Net Income$14,021

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.19$0.45$1.83$1.69$0.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.04$0.31$1.55$1.66$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.59$0.12$0.47$1.88$1.82$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.11$0.42$1.61$1.53$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.32$0.33$1.54$1.56$0.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.08$0.42$1.90$1.90$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.12$0.48$2.02$1.90$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.59$0.05$2.02$1.99$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.81$0.08$1.73$1.96$0.23
2015Detailed filing. Detailed filing data is available for this year.$0.82$0.67$0.15$1.79$2.07$0.28
2014Detailed filing. Detailed filing data is available for this year.$1.04$0.61$0.43$1.80$2.02$0.22
2013Detailed filing. Detailed filing data is available for this year.$1.28$0.63$0.65$1.81$2.07$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.59$0.90$1.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$0.74$1.15$2.09
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$187,593
Mission and Program Overview

Mission

To enhance the economic vitality of our members and communities.

Enhance economic vitality of Members

Program Services

DescriptionGrantsExpenses
Taste of the Towns fundraiser provides local residents exposure to local businesses.--
Business Expo fundraiser provides local residents exposure to local businesses.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Claire SlatteryExecutive DirectorFT$65,750-$65,750
Amanda HollandPresident-$0--
Bruce WittmeyerTreasurer-$0--
Kent SmithVice President-$0--
Michael BeightolDirector-$0--
Peter SalernoDirector-$0--
Joseph MengesDirector-$0--
Kathy MarrisonVice President-$0--
Judith ThodeDirector-$0--
Petra CroneighDirector-$0--
Caryn SimonsDirector-$0--
Brad BaileyAdvisory Council-$0--
Leslie DayDirector-$0--
Chad DershawDirector-$0--
Filing and Contact Details

Filer

Filer Name
Lake Zurich Area Chamber of Commerce
EIN
23-7366102
Address
33 E Main Street, Lake Zurich, IL 60047

Signing Officer

Name
Claire Slattery
Title
Executive Direc
Phone
8474385572
Signed
2023-11-14
Discuss with paid preparer
Yes

Preparer

Firm
John Opsahl LLC
Address
132 Deer Valley Drive, Deer Park, IL 60010
Preparer
John Opsahl
Phone
8477073373
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountAdministrative 2,029Website 5,045Credit Card Processing Fees 5,719Equipment expense 10,384Insurance 1,763Marketing and Promotion 1,125Member Services 1,303Miscellaneous 4,974Office 2,696Postage 403Professional Fees 65Publications 325Staff Training 256Prior Year Correction Adjustment 5,115

Description of other assets Part II line 24

Category Beginning of Year End of YearAccounts Receivable 28,862 29,229Deposits 573 618

Description of total liabilities Part II line 26

Category Beginning of Year End of YearCredit Card 2,477 4,388Networking Groups 4,302 2,048Scholarship Fund 3,955 5,505

Raw XML Appendix178 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum08474385572
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt033 E Main Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Lake Zurich
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060047
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt022973
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05334
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt052408
IRS990EZ/Form990TotalAssetsGrp/EOYAmt058949
IRS990EZ/GrossReceiptsAmt0187593
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0104028
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt041674
IRS990EZ/NetAssetsOrFundBalancesEOYAmt047008
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt041674
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt047008
IRS990EZ/OccupancyRentUtltsAndMaintAmt024391
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt065750
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Claire Slattery
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Amanda Holland
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Bruce Wittmeyer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Kent Smith
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Michael Beightol
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11Brad Bailey
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12Leslie Day
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13Chad Dershaw
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Advisory Council
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
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IRS990EZ/OtherExpensesTotalAmt041202
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Enhance economic vitality of Members
IRS990EZ/ProgramServiceRevenueAmt083565
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Taste of the Towns fundraiser provides local residents exposure to local businesses.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Business Expo fundraiser provides local residents exposure to local businesses.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0116666
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt010734
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0182259
IRS990EZ/TotalRevenueAmt0187593
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.lzacc.com
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountAdministrative 2,029Website 5,045Credit Card Processing Fees 5,719Equipment expense 10,384Insurance 1,763Marketing and Promotion 1,125Member Services 1,303Miscellaneous 4,974Office 2,696Postage 403Professional Fees 65Publications 325Staff Training 256Prior Year Correction Adjustment 5,115
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearAccounts Receivable 28,862 29,229Deposits 573 618
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearCredit Card 2,477 4,388Networking Groups 4,302 2,048Scholarship Fund 3,955 5,505
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/PhoneNum08474385572
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
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ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0237366102
ReturnHeader/Filer/USAddress/AddressLine1Txt033 E Main Street
ReturnHeader/Filer/USAddress/CityNm0Lake Zurich
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060047
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0854105347
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0132 Deer Valley Drive
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
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ReturnHeader/ReturnTs02023-11-14T18:04:40-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Claire
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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