Civic Intelligence

Hyde Park Chamber of Commerce

990EZ • Fiscal year 2018 • EIN 36-6076729

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 25, 2019

1715 E 55th St Ste BChicago, IL 60615

(773) 288-0124

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.11x

Higher debt load relative to assets than 75% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

72nd percentile

0.05x

Higher debt load relative to revenue than 72% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

15th percentile

-18%

Higher net margin than 15% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$35,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 33.0% of source-year revenue.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

26th percentile

-11%

Faster asset growth than 26% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2018

Revenue Growth

44th percentile

-1.6%

Faster revenue growth than 44% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2018

Assets

Down

$53,886

Down $13,605 (-20%) from 2016

Net Assets

Down

$48,196

Down $17,697 (-27%) from 2016

Liabilities

Up

$5,690

Up $4,092 (+256%) from 2016

Revenue

Down

$106,141

Down $3,369 (-3.1%) from 2016

Expenses

Up

$125,239

Up $1,178 (+0.9%) from 2016

Net Income

Down

-$19,098

Down $4,547 (-31%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0-$50KAssets 2012: $114,103Liabilities 2012: $0Net Assets 2012: $114,1032012Assets 2013: $100,844Liabilities 2013: $3,000Net Assets 2013: $97,8442013Assets 2014: $85,954Liabilities 2014: $0Net Assets 2014: $85,9542014Assets 2015: $81,471Liabilities 2015: $1,027Net Assets 2015: $80,4442015Assets 2016: $67,491Liabilities 2016: $1,598Net Assets 2016: $65,8932016Assets 2018: $53,886Liabilities 2018: $5,690Net Assets 2018: $48,1962018Assets 2019: $35,747Liabilities 2019: $1,390Net Assets 2019: $34,3572019Assets 2020: $26,591Liabilities 2020: $2,508Net Assets 2020: $24,0832020Assets 2021: $34,707Liabilities 2021: $22,905Net Assets 2021: $11,8022021Assets 2022: $0Liabilities 2022: $28,813Net Assets 2022: -$28,8132022Assets 2023: $8,703Liabilities 2023: $25,817Net Assets 2023: -$17,1142023Assets 2024: $485Liabilities 2024: $11,272Net Assets 2024: -$10,7872024

Highlighted filing

2018

Assets$53,886
Liabilities$5,690
Net Assets$48,196

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KExpenses 2012: $161,8192012Revenue 2013: $89,535Expenses 2013: $104,344Net Income 2013: -$14,8092013Revenue 2014: $101,546Expenses 2014: $115,786Net Income 2014: -$14,2402014Revenue 2015: $112,368Expenses 2015: $117,877Net Income 2015: -$5,5092015Revenue 2016: $109,510Expenses 2016: $124,061Net Income 2016: -$14,5512016Revenue 2018: $106,141Expenses 2018: $125,239Net Income 2018: -$19,0982018Revenue 2019: $96,033Expenses 2019: $109,872Net Income 2019: -$13,8392019Revenue 2020: $49,417Expenses 2020: $59,691Net Income 2020: -$10,2742020Revenue 2021: $76,537Expenses 2021: $88,818Net Income 2021: -$12,2812021Revenue 2022: $52,347Expenses 2022: $92,962Net Income 2022: -$40,6152022Revenue 2023: $88,471Expenses 2023: $76,772Net Income 2023: $11,6992023Revenue 2024: $75,112Expenses 2024: $68,785Net Income 2024: $6,3272024

Highlighted filing

2018

Revenue$106,141
Expenses$125,239
Net Income-$19,098
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 25, 2019
Return Version
2018v3.1
Gross Receipts
$106,141
Mission and Program Overview

Mission

PLEASE SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
See Schedule O$20,000$20,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WALLACE GOODE JRExecutive DirectorFT$35,000-$35,000
JOHATHAN SWAINPresident-$0--
BRIAN TIJANFirst Vice President-$0--
SUSAN WALKERRecording Secretary-$0--
PATTIE KIDWELLTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Hyde Park Chamber of Commerce
EIN
36-6076729
Phone
7732880124
Address
1715 E 55TH ST STE B, CHICAGO, IL 60615

Signing Officer

Name
Wallace Goode Jr
Title
Executive Director
Phone
7732880124
Signed
2019-06-25
Discuss with paid preparer
No

Preparer

Firm
Eric Oneal January and Company
Address
9800 CONNECTICUT DRIVE, CROWN POINT, IN 46307
Preparer
Eric O January
Phone
8772663848
Supplemental Narrative

Additional Explanations

Form 990-ez, Part III

Form 990-ez, Part III Primary Exempt purpose the Hyde park chamber of commerce is an organization whose purpose is to improve and enhance the commercial atmosphere of the Hyde Park Community. Form 990-ez, part III, Line 28- first accomplishment In 2018 the chamber operated one program. The City of Chicago provided a grant of $20,000 to apply towards salaries and the money used to pay a portion of our executive directors salary. All of our expenditures revolved around maximizing results for our program. Our expenditures and collective efforts enhanced the district by providing and obtaining expertise necessary to advocate for our member organizations and to increase business activity within the community while improving the communitywide atmosphere within Chicago s Hyde Park neighborhood through events, referrals, and collaboratiions with other organizations.

Part I, line 16

Description: OFFICE SUPPLIES Amount: 869

Part I, line 16

Description: COMMUNITY EVENT CONTRIBUTIONS Amount: 1200

Part I, line 16

Description: ADVERTISING AND PROGRAM PROMOTIONS Amount: 14339

Part I, line 16

Description: PROGRAM EXPENSES Amount: 1008

Part I, line 16

Description: TECHNOLOGY EXPENSES Amount: 2634

Part I, line 16

Description: STATE FILING FEES Amount: 11

Part I, line 16

Description: MEETING AND CHAMBER FUNCTIONS Amount: 16917

Part I, line 16

Description: ORIENTATION EXPENSES Amount: 326

Part I, line 16

Description: CREDIT CARD PROCESSING Amount: 1508

Part I, line 16

Description: BANK SERVICE CHARGES Amount: 583

Part I, line 16

Description: INTEREST EXPENSE Amount: 174

Part I, line 16

Description: LIABILITY INSURANCE Amount: 2006

Raw XML Appendix159 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4PATTIE KIDWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2FIRST VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3RECORDING SECRETARY
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990-ez, Part III Primary Exempt purpose the Hyde park chamber of commerce is an organization whose purpose is to improve and enhance the commercial atmosphere of the Hyde Park Community. Form 990-ez, part III, Line 28- first accomplishment In 2018 the chamber operated one program. The City of Chicago provided a grant of $20,000 to apply towards salaries and the money used to pay a portion of our executive directors salary. All of our expenditures revolved around maximizing results for our program. Our expenditures and collective efforts enhanced the district by providing and obtaining expertise necessary to advocate for our member organizations and to increase business activity within the community while improving the communitywide atmosphere within Chicago s Hyde Park neighborhood through events, referrals, and collaboratiions with other organizations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: OFFICE SUPPLIES Amount: 869
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: COMMUNITY EVENT CONTRIBUTIONS Amount: 1200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: ADVERTISING AND PROGRAM PROMOTIONS Amount: 14339
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: PROGRAM EXPENSES Amount: 1008
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description: TECHNOLOGY EXPENSES Amount: 2634
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Description: STATE FILING FEES Amount: 11
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Description: MEETING AND CHAMBER FUNCTIONS Amount: 16917
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Description: ORIENTATION EXPENSES Amount: 326
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Description: CREDIT CARD PROCESSING Amount: 1508
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Description: BANK SERVICE CHARGES Amount: 583
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Description: INTEREST EXPENSE Amount: 174
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Description: LIABILITY INSURANCE Amount: 2006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I, line 16
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0WALLACE GOODE JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07732880124
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ReturnHeader/Filer/EIN0366076729
ReturnHeader/Filer/PhoneNum07732880124
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ReturnHeader/FilingSecurityInformation/IPTm012:00:00
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09800 CONNECTICUT DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CROWN POINT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046307
ReturnHeader/PreparerPersonGrp/PhoneNum08772663848
ReturnHeader/PreparerPersonGrp/PreparationDt02019-06-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIC O JANUARY
ReturnHeader/ReturnTs02019-08-01T15:00:24-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings