Civic Intelligence

Lockport Chamber of Commerce

EIN 36-2806448 • 501(c)6 • Lockport, IL

Profile

Support of town events and people

222 E 9th StreetLockport, IL 60441-3478

n/A

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

82nd percentile

21%

Higher net margin than 82% 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

75th percentile

15%

Faster asset growth than 75% of similar nonprofits.

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

Revenue Growth

76th percentile

19%

Faster revenue growth than 76% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$255,888

Up $32,464 (+15%) from 2023

Liabilities

Down

$0

Down $1,708 (-100%) from 2023

Net Assets

Up

$255,888

Up $34,172 (+15%) from 2023

Operations
Liabilities / Revenue51st percentileNet Margin82nd percentile

Revenue

Up

$160,112

Up $25,099 (+19%) from 2023

Expenses

Up

$125,940

Up $13,749 (+12%) from 2023

Net Income

Up

$34,172

Up $11,350 (+50%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth75th percentile

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

$300K$200K$100K$0-$100KAssets 2012: $4,513Liabilities 2012: $75,839Net Assets 2012: -$71,3262012Assets 2014: $38,365Liabilities 2014: $6,741Net Assets 2014: $31,6242014Assets 2016: $88,016Net Assets 2016: $88,0162016Assets 2017: $109,452Net Assets 2017: $109,4522017Assets 2018: $119,236Liabilities 2018: $285Net Assets 2018: $118,9512018Assets 2019: $123,494Liabilities 2019: $870Net Assets 2019: $122,6242019Assets 2020: $115,015Liabilities 2020: $520Net Assets 2020: $114,4952020Assets 2021: $170,848Liabilities 2021: $976Net Assets 2021: $169,8722021Assets 2022: $209,768Liabilities 2022: $0Net Assets 2022: $209,7682022Assets 2023: $223,424Liabilities 2023: $1,708Net Assets 2023: $221,7162023Assets 2024: $255,888Liabilities 2024: $0Net Assets 2024: $255,8882024

Highlighted filing

2024

Assets$255,888
Liabilities$0
Net Assets$255,888
Open 2024 Filing

Operations Trend

Revenue Growth76th percentile

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

$300K$200K$100K$0-$100KRevenue 2012: $141,321Expenses 2012: $224,014Net Income 2012: -$82,6932012Revenue 2014: $47,033Expenses 2014: $16,527Net Income 2014: $30,5062014Revenue 2016: $80,477Expenses 2016: $44,655Net Income 2016: $35,8222016Revenue 2017: $66,687Expenses 2017: $44,938Net Income 2017: $21,7492017Revenue 2018: $74,991Expenses 2018: $65,492Net Income 2018: $9,4992018Revenue 2019: $86,649Expenses 2019: $82,975Net Income 2019: $3,6742019Revenue 2020: $61,180Expenses 2020: $69,309Net Income 2020: -$8,1292020Revenue 2021: $150,039Expenses 2021: $94,662Net Income 2021: $55,3772021Revenue 2022: $137,961Expenses 2022: $99,041Net Income 2022: $38,9202022Revenue 2023: $135,013Expenses 2023: $112,191Net Income 2023: $22,8222023Revenue 2024: $160,112Expenses 2024: $125,940Net Income 2024: $34,1722024

Highlighted filing

2024

Revenue$160,112
Expenses$125,940
Net Income$34,172
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$255,888
Liabilities
$0
Net assets
$255,888
Revenue
$160,112
Expenses
$125,940
Net income
$34,172
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$1.60$1.26$0.34
2023Detailed filing. Detailed filing data is available for this year.$2.23$0.02$2.22$1.35$1.12$0.23
2022Detailed filing. Detailed filing data is available for this year.$2.10$0.00$2.10$1.38$0.99$0.39
2021Detailed filing. Detailed filing data is available for this year.$1.71$0.01$1.70$1.50$0.95$0.55
2020Detailed filing. Detailed filing data is available for this year.$1.15$0.01$1.14$0.61$0.69$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.23$0.01$1.23$0.87$0.83$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.75$0.65$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.09$1.09$0.67$0.45$0.22
2016Detailed filing. Detailed filing data is available for this year.$0.88$0.88$0.80$0.45$0.36
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.07$0.32$0.47$0.17$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.76$0.71$1.41$2.24$0.83
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.1
Gross Receipts
$309,907
Mission and Program Overview

Mission

Provide business exposure to the city of lockport and promote business in the city

Support of town events and people

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$223,424$255,888▲ $32,464
Rtn Earn Endowment Incm Other Fnds$221,716$255,888▲ $34,172
Total Assets$223,424$255,888▲ $32,464
Liabilities
Accounts Payable and Accrued Expenses$1,708--
Total Liabilities$1,708$0▼ $1,708
Net Assets / Fund Balance
Total Net Assets Fund Balance$221,716$255,888▲ $34,172
Total Liabilities and Net Assets / Fund Balance$223,424$255,888▲ $32,464
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
NaN/a
Revenue and Support

Revenue Composition

Contributions and Grants
$28,690
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$131,422
Change in Net Assets
$34,172
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$88,467
Other Expenses$35,473
Grants and Similar Amounts Paid$2,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$0$0$88,467
Office Expenses$0$0$0$12,849
Advertising$0$0$0$10,170
Occupancy$0$0$0$5,426
Insurance$0$0$0$2,275
Grants to Domestic Individuals$0--$2,000
Fees for Services Management$0$0$0$1,459
Other Expenses$0$0$0$616
Fees for Services Accounting$0$0$0$545
Travel$0$0$0$295
Total Functional Expenses$0$0$0$125,940
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$281,217
Fundraising Direct Expenses$149,795
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$0
Total Nondeductible Lobbying and Political Cost$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Lockport Chamber of Commerce
EIN
36-2806448
Phone
6306756109
Address
222 E 9TH STREET, LOCKPORT, IL 60441-3478

Signing Officer

Name
Ronald Lif
Title
Treasurer
Phone
6306756109
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronald Lif
Formed
1974
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
2
Volunteers
20

Preparer

Firm
Pm Tax and Accounting Service Inc
Address
12273 Walker Rd, LEMONT, IL 60439
Preparer
James Bielawski
Phone
6302575628
Supplemental Narrative

Additional Explanations

Pt VI, Line 8A

“Meetings between officers”

Pt VI, Line 11B

“Emailed for Review and Colloboration”

Raw XML Appendix259 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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IRS990/InsuranceGrp/TotalAmt02275
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IRS990/IRPDocumentCnt00
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IRS990/LegalDomicileStateCd0IL
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