Civic Intelligence

Mount Prospect Chamber of Commerce

EIN 36-2224579 • 501(c)6 • Mount Prospect, IL

Profile

Promotion of the business community in mount prospect.

401 E Prospect Ave 211Mount Prospect, IL 60056

www.mountprospectchamber.org

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 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

79th percentile

18%

Higher net margin than 79% 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

85th percentile

29%

Faster asset growth than 85% of similar nonprofits.

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

Revenue Growth

99th percentile

945%

Faster revenue growth than 99% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$50,508

Up $11,246 (+29%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$50,508

Up $11,246 (+29%) from 2023

Operations
Liabilities / Revenue51st percentileNet Margin79th percentile

Revenue

Up

$60,984

Up $55,151 (+945%) from 2023

Expenses

Up

$49,738

Up $39,279 (+376%) from 2023

Net Income

Up

$11,246

Up $15,872 (+343%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth85th percentile

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

$100K$50K$0-$50KAssets 2010: $741Liabilities 2010: $10,000Net Assets 2010: -$9,2592010Assets 2011: $304Liabilities 2011: $15,438Net Assets 2011: -$15,1342011Assets 2012: $14,261Liabilities 2012: $5,851Net Assets 2012: $8,4102012Assets 2014: $14,106Liabilities 2014: $0Net Assets 2014: $14,1062014Assets 2015: $5,825Liabilities 2015: $4,891Net Assets 2015: $9342015Assets 2016: -$301Liabilities 2016: $10,600Net Assets 2016: -$10,9012016Assets 2017: -$910Liabilities 2017: $7,998Net Assets 2017: -$8,9082017Assets 2018: -$6,112Liabilities 2018: $33,672Net Assets 2018: -$39,7842018Assets 2021: $46,174Liabilities 2021: $22,202Net Assets 2021: $23,9722021Assets 2022: $43,888Liabilities 2022: $0Net Assets 2022: $43,8882022Assets 2023: $39,262Liabilities 2023: $0Net Assets 2023: $39,2622023Assets 2024: $50,508Liabilities 2024: $0Net Assets 2024: $50,5082024

Highlighted filing

2024

Assets$50,508
Liabilities$0
Net Assets$50,508
Open 2024 Filing

Operations Trend

Revenue Growth99th percentile

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

$300K$200K$100K$0-$100KExpenses 2010: $179,3302010Expenses 2011: $161,2242011Expenses 2012: $139,0582012Revenue 2014: $215,043Expenses 2014: $205,248Net Income 2014: $9,7952014Revenue 2015: $188,644Expenses 2015: $201,816Net Income 2015: -$13,1722015Revenue 2016: $192,157Expenses 2016: $203,992Net Income 2016: -$11,8352016Revenue 2017: $209,206Expenses 2017: $207,213Net Income 2017: $1,9932017Revenue 2018: $227,525Expenses 2018: $258,401Net Income 2018: -$30,8762018Revenue 2021: $66,559Expenses 2021: $35,663Net Income 2021: $30,8962021Revenue 2022: $77,044Expenses 2022: $57,128Net Income 2022: $19,9162022Revenue 2023: $5,833Expenses 2023: $10,459Net Income 2023: -$4,6262023Revenue 2024: $60,984Expenses 2024: $49,738Net Income 2024: $11,2462024

Highlighted filing

2024

Revenue$60,984
Expenses$49,738
Net Income$11,246
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$50,508
Liabilities
$0
Net assets
$50,508
Revenue
$60,984
Expenses
$49,738
Net income
$11,246
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.61$0.50$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.06$0.10$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.77$0.57$0.20
2021Detailed filing. Detailed filing data is available for this year.$0.46$0.22$0.24$0.67$0.36$0.31
2018Detailed filing. Detailed filing data is available for this year.$0.06$0.34$0.40$2.28$2.58$0.31
2017Detailed filing. Detailed filing data is available for this year.$0.01$0.08$0.09$2.09$2.07$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.11$0.11$1.92$2.04$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.05$0.01$1.89$2.02$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$2.15$2.05$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.06$0.08$1.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.15$0.15$1.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.10$0.09$1.79
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 5, 2025
Return Version
2024v5.2
Gross Receipts
$60,984
Mission and Program Overview

Mission

Promotion of the business community in Mount Prospect.

Promotion of the business community in mount prospect, il.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$39,262$50,508▲ $11,246
Rtn Earn Endowment Incm Other Fnds$39,262$50,508▲ $11,246
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$39,262$50,508▲ $11,246
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$39,262$50,508▲ $11,246
Total Liabilities and Net Assets / Fund Balance$39,262$50,508▲ $11,246
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Trisha ChokshiChairman
George TselosDirector
Jennifer RichDirector
Jesse ZienDirector
Tom ZanderDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$54,459
Investment Income
$0
Other Revenue
$6,525
Change in Net Assets
$11,246
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$46,738
Grants and Similar Amounts Paid$3,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$6,224
Conferences and Meetings---$3,022
Grants to Domestic Orgs---$3,000
All Other Expenses---$2,297
Insurance---$1,559
Other Expenses---$1,384
Office Expenses---$1,296
Fees for Services Accounting---$300
Total Functional Expenses$0$0$0$49,738
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,525
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
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
Annual disclosure for covered persons
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Financial members of the governinng board review the return before filing.”

Form 990, Part VI, Section B, Line 12C

“Enforcement of conflicts policy directors and officers and key employees must read and sign a statement to that effect annually.”

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

“Compensation process includes annual review of budget and approval by board.”

Form 990, Part VI, Section C, Line 18

“AVAIABLE FOR INSPECTION.”

Form 990, Part VI, Section C, Line 19

“Available for inspection.”

Filing and Contact Details

Filer

Filer Name
Mount Prospect Chamber of Commerce
EIN
36-2224579
Phone
8473465565
Address
401 E PROSPECT AVE 211, MOUNT PROSPECT, IL 60056

Signing Officer

Name
Trisha Chokshi
Title
President
Phone
8473465565
Signed
2025-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Trisha Chokshi
Formed
1996
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Dennis Saviano CPA Pc
Address
787 INDUSTRIAL DRIVE, ELMHURST, IL 60126-1130
Preparer
Dennis Saviano
Phone
8478701040
Raw XML Appendix279 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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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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