Civic Intelligence

Portage Park Chamber of Commerce

EIN 36-2821813 • 501(c)6 • Chicago, IL

Profile

Promotion of area business

PO Box 346163Chicago, IL 60634

n/A

Siviq Scores

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

Liabilities / Assets

99th percentile

8.41x

Higher debt load relative to assets than 99% of similar nonprofits.

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

Liabilities / Revenue

89th percentile

0.32x

Higher debt load relative to revenue than 89% of similar nonprofits.

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

Net Margin

30th percentile

-11%

Higher net margin than 30% 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

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Revenue Growth

97th percentile

170%

Faster revenue growth than 97% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$6,870

Up $5,177 (+306%) from 2022

Liabilities

Up

$57,810

Up $37,710 (+188%) from 2022

Net Assets

Down

-$50,940

Down $32,533 (-177%) from 2022

Operations
Liabilities / Revenue89th percentileNet Margin30th percentile

Revenue

Up

$179,153

Up $132,792 (+286%) from 2022

Expenses

Up

$199,024

Up $170,454 (+597%) from 2022

Net Income

Down

-$19,871

Down $37,662 (-212%) from 2022

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$100K$50K$0-$50K-$100KAssets 2012: $139Net Assets 2012: $1392012Assets 2013: $0Liabilities 2013: $4,960Net Assets 2013: -$4,9602013Assets 2014: $1,191Liabilities 2014: $18,500Net Assets 2014: -$17,3092014Assets 2015: $10,054Liabilities 2015: $3,000Net Assets 2015: $7,0542015Assets 2016: $3,089Liabilities 2016: $16,000Net Assets 2016: -$12,9112016Assets 2018: $505Liabilities 2018: $5,100Net Assets 2018: -$4,5952018Assets 2019: $1,454Liabilities 2019: $13,100Net Assets 2019: -$11,6462019Assets 2020: $920Liabilities 2020: $13,100Net Assets 2020: -$12,1802020Assets 2022: $1,693Liabilities 2022: $20,100Net Assets 2022: -$18,4072022Assets 2024: $6,870Liabilities 2024: $57,810Net Assets 2024: -$50,9402024

Highlighted filing

2024

Assets$6,870
Liabilities$57,810
Net Assets-$50,940
Open 2024 Filing

Operations Trend

Revenue Growth97th percentile

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

$200K$100K$0-$100KRevenue 2012: $60,128Expenses 2012: $60,784Net Income 2012: -$6562012Revenue 2013: $47,274Expenses 2013: $52,373Net Income 2013: -$5,0992013Revenue 2014: $34,710Expenses 2014: $47,059Net Income 2014: -$12,3492014Revenue 2015: $68,299Expenses 2015: $43,936Net Income 2015: $24,3632015Revenue 2016: $26,677Expenses 2016: $46,642Net Income 2016: -$19,9652016Revenue 2018: $29,139Expenses 2018: $33,430Net Income 2018: -$4,2912018Revenue 2019: $14,188Expenses 2019: $21,239Net Income 2019: -$7,0512019Revenue 2020: $5,697Expenses 2020: $6,231Net Income 2020: -$5342020Revenue 2022: $46,361Expenses 2022: $28,570Net Income 2022: $17,7912022Revenue 2024: $179,153Expenses 2024: $199,024Net Income 2024: -$19,8712024

Highlighted filing

2024

Revenue$179,153
Expenses$199,024
Net Income-$19,871
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$6,870
Liabilities
$57,810
Net assets
-$50,940
Revenue
$179,153
Expenses
$199,024
Net income
-$19,871
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.58$0.51$1.79$1.99$0.20
2022Detailed filing. Detailed filing data is available for this year.$0.02$0.20$0.18$0.46$0.29$0.18
2020Detailed filing. Detailed filing data is available for this year.$0.01$0.13$0.12$0.06$0.06$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.13$0.12$0.14$0.21$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.05$0.05$0.29$0.33$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.03$0.16$0.13$0.27$0.47$0.20
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.03$0.07$0.68$0.44$0.24
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.19$0.17$0.35$0.47$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.05$0.05$0.47$0.52$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.60$0.61$0.01
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 3, 2023
Return Version
2022v5.0
Gross Receipts
$46,501
Mission and Program Overview

Mission

Promotion of area business

Program Services

DescriptionGrantsExpenses
PROMOTIONS--
COMMUNITY AFFAIRS--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GEORGE BOROVIKExecutive Director-$0--
LAWRENCE PAHLKEPresident-$0--
MARILYN GUZZETTAVice President-$0--
TIVDAR TED SZABOTreasurer-$0--
MARISOL GAYTANSecretary-$0--
CHRISTIAN TOUWAIDEDirector-$0--
JAMES ZECKHAUSERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Portage Park Chamber of Commerce
EIN
36-2821813
Address
PO BOX 346163, CHICAGO, IL 60634

Signing Officer

Name
George Borovik
Title
Executive Direc
Phone
7737772020
Signed
2023-11-03
Discuss with paid preparer
Yes

Preparer

Firm
Michael Funk Tax and Accounting Inc
Address
6035 N Northwest Hwy Ste 304, Chicago, IL 60631
Preparer
Michael Funk
Phone
6303734051
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountmeeting expense 742payroll taxes 1,876insurance 2,045licenses & fees 10office supplies 287bank fees 195computer / website 771dues & subscriptions 100community affairs 500”

Description of total liabilities Part II line 26

“Category beginning of year end of yeardue to officer 38,100 20,100”

Raw XML Appendix150 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0GEORGE BOROVIK
IRS990EZ/BooksInCareOfDetail/PhoneNum07737772020
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 346163
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060634
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01902
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01693
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt045000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt017791
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0400
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01902
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01693
IRS990EZ/FundraisingGrossIncomeAmt01401
IRS990EZ/GrossReceiptsAmt046501
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LoansToFromOfficersAmt020100
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MembershipDuesAmt0100
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-36198
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-18407
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-36198
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-18407
IRS990EZ/OccupancyRentUtltsAndMaintAmt03000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GEORGE BOROVIK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LAWRENCE PAHLKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARILYN GUZZETTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TIVDAR TED SZABO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MARISOL GAYTAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CHRISTIAN TOUWAIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JAMES ZECKHAUSER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt06526
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTION OF AREA BUSINESS
IRS990EZ/PrintingPublicationsPostageAmt0644
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTIONS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1COMMUNITY AFFAIRS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt018000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt0140
IRS990EZ/SpecialEventsNetIncomeLossAmt01261
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt038100
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt020100
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt028570
IRS990EZ/TotalRevenueAmt046361
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt020100
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt013100
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0GEORGE BOROVIK
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0EXECUTIVE DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt020100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTMEETING EXPENSE 742PAYROLL TAXES 1,876INSURANCE 2,045LICENSES & FEES 10OFFICE SUPPLIES 287BANK FEES 195COMPUTER / WEBSITE 771DUES & SUBSCRIPTIONS 100COMMUNITY AFFAIRS 500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARDUE TO OFFICER 38,100 20,100
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GEORGE BOROVIK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum07737772020
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PORTAGE PARK CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0PORT
ReturnHeader/Filer/EIN0362821813
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 346163
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060634
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0874618539
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Michael Funk Tax and Accounting Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06035 N Northwest Hwy Ste 304
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060631
ReturnHeader/PreparerPersonGrp/PhoneNum06303734051
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael Funk
ReturnHeader/ReturnTs02023-11-06T15:09:24-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GEORGE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BOROVIK
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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