Civic Intelligence

Greater Gary Chamber of Commerce

EIN 35-0329470 • 501(c)6 • Gary, IN

Profile

Support business growth and development in the city of Gary and greater Northwest Indiana.

504 Broadway Sutie 328Gary, IN 46402
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

51st percentile

0.00x

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

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

Net Margin

17th percentile

-29%

Higher net margin than 17% of similar nonprofits.

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

Top Officer Pay

92nd percentile

$66,769

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 53.9% of source-year revenue.

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

Asset Growth

8th percentile

-100%

Faster asset growth than 8% of similar nonprofits.

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

Revenue Growth

19th percentile

-30%

Faster revenue growth than 19% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $109,159 (-100%) from 2023

Liabilities

Down

$0

Down $11,449 (-100%) from 2023

Net Assets

Down

$0

Down $97,710 (-100%) from 2023

Operations
Liabilities / Revenue51st percentileNet Margin17th percentile

Revenue

Down

$123,822

Down $52,671 (-30%) from 2023

Expenses

Up

$160,310

Up $25,030 (+19%) from 2023

Net Income

Down

-$36,488

Down $77,701 (-189%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth8th percentile

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

$150K$100K$50K$0-$50KAssets 2020: $0Net Assets 2020: -$7,7932020Assets 2021: $15,483Net Assets 2021: $15,4832021Assets 2022: $64,130Liabilities 2022: $7,633Net Assets 2022: $56,4972022Assets 2023: $109,159Liabilities 2023: $11,449Net Assets 2023: $97,7102023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth19th percentile

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

$200K$100K$0-$100KRevenue 2020: $92,267Expenses 2020: $100,060Net Income 2020: -$7,7932020Revenue 2021: $123,115Expenses 2021: $107,632Net Income 2021: $15,4832021Revenue 2022: $153,834Expenses 2022: $127,289Net Income 2022: $26,5452022Revenue 2023: $176,493Expenses 2023: $135,280Net Income 2023: $41,2132023Revenue 2024: $123,822Expenses 2024: $160,310Net Income 2024: -$36,4882024

Highlighted filing

2024

Revenue$123,822
Expenses$160,310
Net Income-$36,488
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$123,822
Expenses
$160,310
Net income
-$36,488
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.24$1.60$0.36
2023Detailed filing. Detailed filing data is available for this year.$1.09$0.11$0.98$1.76$1.35$0.41
2022Detailed filing. Detailed filing data is available for this year.$0.64$0.08$0.56$1.54$1.27$0.27
2021Detailed filing. Detailed filing data is available for this year.$0.15$0.15$1.23$1.08$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.08$0.92$1.00$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 2, 2024
Return Version
2023v5.1
Gross Receipts
$163,246
Mission and Program Overview

Mission

Coordinated effective action venue for citizens to engage in community progress provided assistance to agencies in job creation through industrial stimulation & commercial growth. Provided marketing programs and encouraged educational progress.

Support business growth and development in the city of Gary and greater Northwest Indiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$90,023--
Accounts Receivable$11,970--
Land, Buildings, and Equipment, Net$4,558$0▼ $4,558
Total Assets$109,159$0▼ $109,159
Other Assets Total$2,608--
Liabilities
Other Liabilities$11,449--
Total Liabilities$11,449$0▼ $11,449
Net Assets / Fund Balance
Total Net Assets Fund Balance$97,710$0▼ $97,710
Total Liabilities and Net Assets / Fund Balance$109,159$0▼ $109,159
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Charles HughesCEOFT$66,769$66,769
Jan BowdenSecretaryFT$32,496$32,496
Revenue and Support

Revenue Composition

Contributions and Grants
$65,666
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$58,156
All Other Contributions
$42,800
Change in Net Assets
$-36,488
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$99,265
Other Expenses$61,045
Total Fundraising Expense$4,502
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$99,265-$99,265
Office Expenses---$50,880
Advertising--$4,202$4,612
Insurance---$3,280
All Other Expenses$0$393$0$393
Other Expenses--$300$300
Total Functional Expenses$0$99,658$4,502$160,310
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$97,580
Fundraising Direct Expenses$39,424
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Greater Gary Chamber of Commerce
EIN
35-0329470
Phone
2198857407
Address
504 Broadway Sutie 328, Gary, IN 46402

Signing Officer

Name
Charles Hughes
Title
CEO
Signed
2024-10-02
Discuss with paid preparer
No

Organization Details

Legal Domicile
In
Voting Board Members
2
Independent Board Members
0
Employees
2

Preparer

Firm
Crane Financial LLC
Address
4009 Drummond street, East Chicago, IN 46312
Preparer
Hollis Fullilove
Phone
2195011001
Supplemental Narrative

Additional Explanations

Governing Documents

“The organization makes its governing documents and conflict of interest policy and financial statements available to the public upon request.”

Raw XML Appendix307 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.

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ReturnHeader/ReturnTs02024-11-04T04:30:18-05:00
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ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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