Civic Intelligence

Addison Chamber of Commerce and Industry

EIN 36-3775960 • 501(c)6 • Addison, IL

Profile

The addison chamber of commerce & industry strives to provide: the best environment possible to enhance business in the addison community. Educational sessions for business and employee development. A forum for the exchange of business related ideas and solutions. Assistance in the interpretations and compliance with government regulations. A means for meaningful community involvement.

777 W Army Trail Rd Suite DAddison, IL 60101

www.addisonchamber.org

Siviq Scores

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

Liabilities / Assets

94th percentile

0.76x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

0.44x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

39th percentile

-4.7%

Higher net margin than 39% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

78th percentile

$3,250

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 29.5% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

39th percentile

-8.0%

Faster asset growth than 39% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-78%

Faster revenue growth than 6% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$7,019

Down $30,867 (-81%) from 2019

Liabilities

Down

$4,951

Down $5,858 (-54%) from 2019

Net Assets

Down

$2,068

Down $25,009 (-92%) from 2019

Revenue

Up

$49,213

Up $6,592 (+15%) from 2019

Expenses

Up

$74,222

Up $37,489 (+102%) from 2019

Net Income

Down

-$25,009

Down $30,897 (-525%) from 2019

Trend Graphs

Balance Sheet Trend

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

$40K$30K$20K$10K$0-$10KAssets 2011: $798Liabilities 2011: $1,480Net Assets 2011: -$6822011Assets 2014: $18,962Liabilities 2014: $1,331Net Assets 2014: $17,6312014Assets 2015: $20,370Liabilities 2015: $4,805Net Assets 2015: $15,5652015Assets 2016: $13,112Liabilities 2016: $2,016Net Assets 2016: $11,0962016Assets 2017: $16,977Liabilities 2017: $5,642Net Assets 2017: $11,3352017Assets 2018: $27,071Liabilities 2018: $5,882Net Assets 2018: $21,1892018Assets 2019: $37,886Liabilities 2019: $10,809Net Assets 2019: $27,0772019Assets 2020: $7,019Liabilities 2020: $4,951Net Assets 2020: $2,0682020

Highlighted filing

2020

Assets$7,019
Liabilities$4,951
Net Assets$2,068

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $60,058Expenses 2011: $63,518Net Income 2011: -$3,4602011Revenue 2014: $60,893Expenses 2014: $40,368Net Income 2014: $20,5252014Revenue 2015: $48,990Expenses 2015: $51,056Net Income 2015: -$2,0662015Revenue 2016: $38,909Expenses 2016: $43,378Net Income 2016: -$4,4692016Revenue 2017: $51,243Expenses 2017: $51,004Net Income 2017: $2392017Revenue 2018: $47,264Expenses 2018: $37,410Net Income 2018: $9,8542018Revenue 2019: $42,621Expenses 2019: $36,733Net Income 2019: $5,8882019Revenue 2020: $49,213Expenses 2020: $74,222Net Income 2020: -$25,0092020

Highlighted filing

2020

Revenue$49,213
Expenses$74,222
Net Income-$25,009

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 4, 2021
Return Version
2020v4.1
Gross Receipts
$50,813
Mission and Program Overview

Mission

The addison chamber of commerce and industry strives to provide: the best environment possible to enhance business in the addison community; educational sessions for business and employee development; a forum for the exchange of business related ideas and solutions; assistance in the interpretations and compliance with government regulations; a means for meaningful community involvement.

Program Services

DescriptionGrantsExpenses
MEETINGS, OUTINGS AND EVENTS - THE ORGANIZATION SPONSORS OUTINGS TO PROMOTE INDUSTRIAL INTERESTS AND MEMBERSHIP IN THE ASSOCIATION AND FOSTER RELATIONSHIPS WITHIN THE ORGANIZATION AND LOCAL BUSINESS/INDUSTRIAL COMMUNITY.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BERNADETTE LAROCCAExecutive DirectorFT$2,167-$2,167
ROBERT ANDERSONImmediate Past President-$0--
ANNA KUBASDirector-$0--
TIM DELAWDERDirector-$0--
JAMES DUDADirector-$0--
SARI LEVYDirector-$0--
PATRICIA ZACHACKIDirector-$0--
SCOTT WALKERDirector-$0--
ITA M REILLYDirector-$0--
MERAY ESTEPHAN2nd Vice President-$0--
BARBARA LAZZARAPresident-$0--
MICHAEL SUPERTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Addison Chamber of Commerce and Industry
EIN
36-3775960
Phone
6305434300
Address
777 W ARMY TRAIL RD SUITE D, ADDISON, IL 60101

Signing Officer

Name
Barbara Lazzara
Title
President
Phone
6305434300
Signed
2021-11-04
Discuss with paid preparer
Yes

Preparer

Firm
Porte Brown LLC
Address
845 OAKTON STREET, ELK GROVE VILLAGE, IL 60007
Preparer
Megan Angle
Phone
8479561040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: other income. Amount: 75.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank and credit card fees. Amount: 557. Description: dues and subscriptions. Amount: 300. Description: office expense. Amount: 3,321. Description: insurance. Amount: 795. Description: telephone. Amount: 1,699. Description: equipment rental. Amount: 211. Description: meetings. Amount: 2,064. Description: website hosting. Amount: 40. Description: copier expenses. Amount: 2,875. Description: bad debt. Amount: 58,050. Total to form 990-ez, line 16: 69,912.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 34,784. End of year amount: 4,841. Description: security deposits. Beg. Of year amount: 175. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to credit card. Beg. Of year amount: 9,609. End of year amount: 4,951. Description: customer deposit. Beg. Of year amount: 1,200. End of year amount: 0.

Raw XML Appendix173 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OTHER INCOME. AMOUNT: 75.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK AND CREDIT CARD FEES. AMOUNT: 557. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 300. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 3,321. DESCRIPTION: INSURANCE. AMOUNT: 795. DESCRIPTION: TELEPHONE. AMOUNT: 1,699. DESCRIPTION: EQUIPMENT RENTAL. AMOUNT: 211. DESCRIPTION: MEETINGS. AMOUNT: 2,064. DESCRIPTION: WEBSITE HOSTING. AMOUNT: 40. DESCRIPTION: COPIER EXPENSES. AMOUNT: 2,875. DESCRIPTION: BAD DEBT. AMOUNT: 58,050. TOTAL TO FORM 990-EZ, LINE 16: 69,912.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • <$500k nonprofits