Civic Intelligence

Greater Oak Brook Chamber of Commerce

EIN 36-2854635 • 501(c)6 • Oak Brook, IL

Profile

To promote oak brook and oakbrook terrace business interests. The chamber believes that service and advocacy on behalf of business will result in greater prosperity and opportunity for all citizens.

619 Enterprise Drive No 100Oak Brook, IL 60523

www.obchamber.com

Siviq Scores

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

Liabilities / Assets

96th percentile

1.27x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

0.69x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

60th percentile

5.5%

Higher net margin than 60% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

96th percentile

$95,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 36.8% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

41st percentile

-7.0%

Faster asset growth than 41% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

78th percentile

22%

Faster revenue growth than 78% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$139,305

Down $10,419 (-7.0%) from 2021

Liabilities

Down

$177,384

Down $24,556 (-12%) from 2021

Net Assets

Up

-$38,079

Up $14,137 (+27%) from 2021

Revenue

Up

$258,064

Up $46,147 (+22%) from 2021

Expenses

Up

$243,927

Up $23,687 (+11%) from 2021

Net Income

Up

$14,137

Up $22,460 (+270%) from 2021

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2014: $338,441Liabilities 2014: $327,610Net Assets 2014: $10,8312014Assets 2015: $161,155Liabilities 2015: $200,978Net Assets 2015: -$39,8232015Assets 2016: $169,622Liabilities 2016: $222,089Net Assets 2016: -$52,4672016Assets 2017: $171,089Liabilities 2017: $205,002Net Assets 2017: -$33,9132017Assets 2018: $157,277Liabilities 2018: $213,782Net Assets 2018: -$56,5052018Assets 2019: $145,907Liabilities 2019: $148,930Net Assets 2019: -$3,0232019Assets 2020: $174,792Liabilities 2020: $218,685Net Assets 2020: -$43,8932020Assets 2021: $149,724Liabilities 2021: $201,940Net Assets 2021: -$52,2162021Assets 2022: $139,305Liabilities 2022: $177,384Net Assets 2022: -$38,0792022

Highlighted filing

2022

Assets$139,305
Liabilities$177,384
Net Assets-$38,079

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $558,398Expenses 2014: $566,875Net Income 2014: -$8,4772014Revenue 2015: $489,207Expenses 2015: $539,861Net Income 2015: -$50,6542015Revenue 2016: $290,006Expenses 2016: $302,650Net Income 2016: -$12,6442016Revenue 2017: $362,256Expenses 2017: $343,702Net Income 2017: $18,5542017Revenue 2018: $343,101Expenses 2018: $365,693Net Income 2018: -$22,5922018Revenue 2019: $354,075Expenses 2019: $300,593Net Income 2019: $53,4822019Revenue 2020: $277,145Expenses 2020: $318,015Net Income 2020: -$40,8702020Revenue 2021: $211,917Expenses 2021: $220,240Net Income 2021: -$8,3232021Revenue 2022: $258,064Expenses 2022: $243,927Net Income 2022: $14,1372022

Highlighted filing

2022

Revenue$258,064
Expenses$243,927
Net Income$14,137

Filings

Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Mar 1, 2019 to Feb 29, 2020
Signed
Jan 24, 2022
Return Version
2019v5.2
Gross Receipts
$277,145
Mission and Program Overview

Mission

To promote oak brook and oakbrook terrace business interests. The chamber believes that service and advocacy on behalf of business will result in greater prosperity and opportunity for all citizens.

To enhance the business climate in the oak brook area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$105,157$102,241▼ $2,916
Cash and Non-Interest-Bearing Accounts$28,527$25,981▼ $2,546
Prepaid Expenses and Deferred Charges$1,058$325▼ $733
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$145,907$174,792▲ $28,885
Other Assets Total$11,165$46,245▲ $35,080
Liabilities
Deferred Revenue$128,852$194,573▲ $65,721
Accounts Payable and Accrued Expenses$20,078$24,112▲ $4,034
Total Liabilities$148,930$218,685▲ $69,755
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,023$-43,893▼ $40,870
Total Net Assets Fund Balance$-3,023$-43,893▼ $40,870
Total Liabilities and Net Assets / Fund Balance$145,907$174,792▲ $28,885

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$4,911$4,911
Other Assets Org$46,245--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David CarlinPresident & CEOPT$95,000$95,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$210,112
Program Service Revenue
$67,033
Investment Income
$0
Other Revenue
$0
All Other Contributions
$210,112
Change in Net Assets
$-40,870
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$173,470
Salaries, Compensation, and Employee Benefits$144,545
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$63,385
Current Officers, Directors, Trustees, and Key Employees---$57,218
Conferences and Meetings---$54,000
Information Technology---$24,020
Payroll Taxes---$23,942
Fees for Services Accounting---$17,318
Other Expenses---$2,637
Insurance---$2,246
Occupancy---$1,801
Office Expenses---$1,024
Total Functional Expenses$0$0$0$318,015
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Conflict-of-interest policy
No
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

The board reviews form 990 prior to filing.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

FORM 990, PART VIII, LINE 1:

The chamber is reporting donated services as revenue and expense in the form 990. Donated contribution revenue for professional services, building fairs, meeting space, and services totaling $150,612 is included on part viii, line 1 and within the expenses on part ix.

Filing and Contact Details

Filer

Filer Name
Greater Oak Brook Chamber of Commerce
EIN
36-2854635
Phone
6309541400
Address
619 ENTERPRISE DRIVE NO 100, OAK BROOK, IL 60523

Signing Officer

Name
David Carlin
Title
President & CEO
Phone
6309541400
Signed
2022-01-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Carlin
Formed
1967
Legal Domicile
Il
Voting Board Members
21
Independent Board Members
21
Employees
4
Volunteers
29

Preparer

Firm
Selden Fox Ltd
Address
619 ENTERPRISE DRIVE, OAK BROOK, IL 60523-8835
Preparer
Edward Tracy
Phone
6309541400
Raw XML AppendixShowing 400 of 512 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/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28PRESIDENT & CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01967
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0277145
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt024020
IRS990/InsuranceGrp/TotalAmt02246
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04911
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt04911
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE OAK BROOK AND OAKBROOK TERRACE BUSINESS INTERESTS. THE CHAMBER BELIEVES THAT SERVICE AND ADVOCACY ON BEHALF OF BUSINESS WILL RESULT IN GREATER PROSPERITY AND OPPORTUNITY FOR ALL CITIZENS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-3023
IRS990/NetAssetsOrFundBalancesEOYAmt0-43893
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-3023
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-43893
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt01801
IRS990/OfficeExpensesGrp/TotalAmt01024
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt011165
IRS990/OtherAssetsTotalGrp/EOYAmt046245
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BUILDING FAIRS
IRS990/OtherExpensesGrp/Desc1PROGRAMS & MARKETING
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP MATERIALS
IRS990/OtherExpensesGrp/Desc3BANK & CREDIT CARD FEES
IRS990/OtherExpensesGrp/TotalAmt050000
IRS990/OtherExpensesGrp/TotalAmt112214
IRS990/OtherExpensesGrp/TotalAmt28210
IRS990/OtherExpensesGrp/TotalAmt32637
IRS990/OtherSalariesAndWagesGrp/TotalAmt063385
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt023942
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01058
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0325
IRS990/PrincipalOfficerNm0DAVID CARLIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1MEETINGS / EVENT FEES
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLAENOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt058707
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16192
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22134
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt058707
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16192
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22134
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0213819
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0174604
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0140256
IRS990/PYRevenuesLessExpensesAmt053482
IRS990/PYSalariesCompEmpBnftPaidAmt0125989
IRS990/PYTotalExpensesAmt0300593
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0354075
IRS990/ReconcilationRevenueExpnssAmt0-40870
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04911
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04911
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt046245
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM ECONOMIC DEVELOPMENT PARTNERSHIP
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt046245
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CHAMBER IS REPORTING DONATED SERVICES AS REVENUE AND EXPENSE IN THE FORM 990. DONATED CONTRIBUTION REVENUE FOR PROFESSIONAL SERVICES, BUILDING FAIRS, MEETING SPACE, AND SERVICES TOTALING $150,612 IS INCLUDED ON PART VIII, LINE 1 AND WITHIN THE EXPENSES ON PART IX.

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