Civic Intelligence

Lake County Chambers of Commerce

EIN 34-1859876 • 501(c)6 • Painesville, OH

Profile

Assist individual Lake County Chambers in promoting economic development.

77 N St Clair Suite 103Painesville, OH 44077

www.lakecountychambers.com

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

78th percentile

17%

Higher net margin than 78% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2019

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 2019

Asset Growth

10th percentile

-75%

Faster asset growth than 10% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

27th percentile

-18%

Faster revenue growth than 27% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$6,583

Down $19,562 (-75%) from 2018

Liabilities

Down

$0

Down $4,717 (-100%) from 2018

Net Assets

Down

$6,583

Down $14,845 (-69%) from 2018

Operations
Liabilities / Revenue51st percentileNet Margin78th percentile

Revenue

Down

$36,108

Down $8,062 (-18%) from 2018

Expenses

Down

$29,954

Down $22,227 (-43%) from 2018

Net Income

Up

$6,154

Up $14,165 (+177%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$60K$40K$20K$0Assets 2010: $31,094Net Assets 2010: $31,0942010Assets 2011: $40,323Liabilities 2011: $8,225Net Assets 2011: $32,0982011Assets 2012: $38,534Liabilities 2012: $4,415Net Assets 2012: $34,1192012Assets 2013: $39,334Net Assets 2013: $39,3342013Assets 2014: $55,978Net Assets 2014: $55,9782014Assets 2015: $47,147Liabilities 2015: $5,510Net Assets 2015: $41,6372015Assets 2016: $54,790Liabilities 2016: $14,290Net Assets 2016: $40,5002016Assets 2017: $47,817Net Assets 2017: $47,8172017Assets 2018: $26,145Liabilities 2018: $4,717Net Assets 2018: $21,4282018Assets 2019: $6,583Liabilities 2019: $0Net Assets 2019: $6,5832019

Highlighted filing

2019

Assets$6,583
Liabilities$0
Net Assets$6,583
Open 2019 Filing

Operations Trend

Revenue Growth27th percentile

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

$100K$50K$0-$50KRevenue 2010: $64,690Expenses 2010: $57,837Net Income 2010: $6,8532010Revenue 2011: $60,302Expenses 2011: $59,298Net Income 2011: $1,0042011Revenue 2012: $64,024Expenses 2012: $62,003Net Income 2012: $2,0212012Revenue 2013: $64,829Expenses 2013: $59,614Net Income 2013: $5,2152013Revenue 2014: $73,511Expenses 2014: $56,867Net Income 2014: $16,6442014Revenue 2015: $63,313Expenses 2015: $77,706Net Income 2015: -$14,3932015Revenue 2016: $51,576Expenses 2016: $52,713Net Income 2016: -$1,1372016Revenue 2017: $57,790Expenses 2017: $50,473Net Income 2017: $7,3172017Revenue 2018: $44,170Expenses 2018: $52,181Net Income 2018: -$8,0112018Revenue 2019: $36,108Expenses 2019: $29,954Net Income 2019: $6,1542019

Highlighted filing

2019

Revenue$36,108
Expenses$29,954
Net Income$6,154
Open 2019 Filing

Filings

Most recent year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,583
Liabilities
$0
Net assets
$6,583
Revenue
$36,108
Expenses
$29,954
Net income
$6,154
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$6.58$0.00$6.58$36.1$30.0$6.15
2018Detailed filing. Detailed filing data is available for this year.$26.1$4.72$21.4$44.2$52.2$8.01
2017Detailed filing. Detailed filing data is available for this year.$47.8$47.8$57.8$50.5$7.32
2016Detailed filing. Detailed filing data is available for this year.$54.8$14.3$40.5$51.6$52.7$1.14
2015Detailed filing. Detailed filing data is available for this year.$47.1$5.51$41.6$63.3$77.7$14.4
2014Detailed filing. Detailed filing data is available for this year.$56.0$56.0$73.5$56.9$16.6
2013Detailed filing. Detailed filing data is available for this year.$39.3$39.3$64.8$59.6$5.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.5$4.42$34.1$64.0$62.0$2.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.3$8.23$32.1$60.3$59.3$1.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.1$31.1$64.7$57.8$6.85
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 22, 2020
Return Version
2019v5.0
Gross Receipts
$36,108
Mission and Program Overview

Mission

Assist individual Lake County Chambers in promoting economic development.

Promoting econcomic development

Program Services

DescriptionGrantsExpenses
PROVIDE MEMBER BUSINESSES WITH GROUP RATES FOR WORKERS COMPENSATION TO REDUCE COST FOR SMALL BUSINESS OWNERS-$10,957
PROMOTE ECONOMIC DEVELOPMENT IN LAKE COUNTY-$8,621
SERVES AS AN UMBRELLA ORGANIZATION FOR TWO SMALLER GROUPS WHICH HAVE COMPLIMENTARY PURPOSES TO LAKE COUNTY CHAMBER: KIDS BIZ AND FUEL-$3,888
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRIS WEBERPresident CEO Mentor-$0--
NEIL STEINCommittee Member Mentor-$0--
PAUL CATALANOCommittee Member Mentor-$0--
LINDA REEDExecutive Director Eastern-$0--
TOM MITCHELLCommittee Member Eastern-$0--
CHRIS BRILL PACKARDCommittee Member Eastern-$0--
KAREN TERCEKPresident Willoughby-$0--
SARA SPENCECommittee Member Willoughby-$0--
DIANE MARTINCommittee Member Willoughby-$0--
Filing and Contact Details

Filer

Filer Name
Lake Couny Chambers of Commerce
EIN
34-1859876
Address
77 N ST CLAIR SUITE 103, PAINESVILLE, OH 44077

Signing Officer

Name
Linda Reed
Title
Executive Direc
Phone
4403577572
Signed
2020-02-22
Discuss with paid preparer
Yes

Preparer

Firm
Kathleen Smychynsky Accounting
Address
1975 Hubbard Road, Madison, OH 44057
Preparer
Kathleen Smychynsky EA
Phone
4409834001
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountbank & merchant fees 1,050insurance 1,493computer & internet 308member rebates and disbursements 10,957program costs 14,430sponsorships 1,041”

Other changes in net assets or fund balances Part I line 20

“Description amountdisbursements to member chambers (21,000)rounding 1”

Description of other assets Part II line 24

“Category beginning of year end of yearmisc other assets (acct adj) 896 0”

Description of total liabilities Part II line 26

“Category beginning of year end of yearother liabilities (acct adj) 4,717 0”

Raw XML Appendix159 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/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0LINDA REED
IRS990EZ/BooksInCareOfDetail/PhoneNum04403577572
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt077 N ST CLAIR SUITE 103
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PAINESVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd044077
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt025249
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06583
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt06154
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0675
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt026145
IRS990EZ/Form990TotalAssetsGrp/EOYAmt06583
IRS990EZ/GrossReceiptsAmt036108
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt021428
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06583
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt021428
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06583
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRIS WEBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NEIL STEIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAUL CATALANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LINDA REED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TOM MITCHELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CHRIS BRILL PACKARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6KAREN TERCEK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7SARA SPENCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8DIANE MARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT CEO MENTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1COMMITTEE MEMBER MENTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2COMMITTEE MEMBER MENTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3EXECUTIVE DIRECTOR EASTERN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4COMMITTEE MEMBER EASTERN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5COMMITTEE MEMBER EASTERN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6PRESIDENT WILLOUGHBY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7COMMITTEE MEMBER WILLOUGHBY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8COMMITTEE MEMBER WILLOUGHBY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0896
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-20999
IRS990EZ/OtherExpensesTotalAmt029279
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTING ECONCOMIC DEVELOPMENT
IRS990EZ/ProgramServiceRevenueAmt036108
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE MEMBER BUSINESSES WITH GROUP RATES FOR WORKERS COMPENSATION TO REDUCE COST FOR SMALL BUSINESS OWNERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROMOTE ECONOMIC DEVELOPMENT IN LAKE COUNTY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2SERVES AS AN UMBRELLA ORGANIZATION FOR TWO SMALLER GROUPS WHICH HAVE COMPLIMENTARY PURPOSES TO LAKE COUNTY CHAMBER: KIDS BIZ AND FUEL
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt010957
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt18621
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt23888
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04717
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt029954
IRS990EZ/TotalProgramServiceExpensesAmt023466
IRS990EZ/TotalRevenueAmt036108
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.LAKECOUNTYCHAMBERS.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTBANK & MERCHANT FEES 1,050INSURANCE 1,493COMPUTER & INTERNET 308MEMBER REBATES AND DISBURSEMENTS 10,957PROGRAM COSTS 14,430SPONSORSHIPS 1,041
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTDISBURSEMENTS TO MEMBER CHAMBERS (21,000)ROUNDING 1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARMISC OTHER ASSETS (ACCT ADJ) 896 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEAROTHER LIABILITIES (ACCT ADJ) 4,717 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02020-09-22 18:59:49Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LINDA REED
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum04403577572
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE COUNY CHAMBERS OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0341859876
ReturnHeader/Filer/USAddress/AddressLine1Txt077 N ST CLAIR SUITE 103
ReturnHeader/Filer/USAddress/CityNm0PAINESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044077
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0615629F50638BC5401F893D24085A5E925B8CA49
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ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId03453142020062waniqa2
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-03-02
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt076.189.5.7
ReturnHeader/FilingSecurityInformation/IPDt02020-03-02
ReturnHeader/FilingSecurityInformation/IPTm014:35:35
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475252659
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kathleen Smychynsky Accounting
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01975 Hubbard Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Madison
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044057
ReturnHeader/PreparerPersonGrp/PhoneNum04409834001
ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kathleen Smychynsky EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-02-27T08:16:35-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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