Civic Intelligence

Hyde Park Chamber of Commerce

990EZ • Fiscal year 2020 • EIN 36-6076729

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 05, 2021

Organization ProfileHYDEPARKCHAMBERCHICAGO.ORG
1715 E 55th Street 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

71st percentile

0.09x

Higher debt load relative to assets than 71% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.05x

Higher debt load relative to revenue than 66% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

21st percentile

-21%

Higher net margin than 21% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$38,800

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 78.5% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

14th percentile

-26%

Faster asset growth than 14% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

22nd percentile

-49%

Faster revenue growth than 22% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$26,591

Down $9,156 (-26%) from 2019

Net Assets

Down

$24,083

Down $10,274 (-30%) from 2019

Liabilities

Up

$2,508

Up $1,118 (+80%) from 2019

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin21st percentile

Revenue

Down

$49,417

Down $46,616 (-49%) from 2019

Expenses

Down

$59,691

Down $50,181 (-46%) from 2019

Net Income

Up

-$10,274

Up $3,565 (+26%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

2020

Assets$26,591
Liabilities$2,508
Net Assets$24,083
Open 2020 Filing

Operations Trend

Revenue Growth22nd percentile

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

2020

Revenue$49,417
Expenses$59,691
Net Income-$10,274
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 5, 2021
Return Version
2020v4.0
Gross Receipts
$49,417
Mission and Program Overview

Mission

PLEASE SEE SCHEDULE O

Enhance commercial district of community

Program Services

DescriptionGrantsExpenses
Our programs focused around maximizing synergy to positively impact business activity in the Hyde Park community through events, networking, education, referrals and collaborations--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WALLACE GOODEExecutive DirectorFT$35,000$3,800$38,800
TROY RATLIFFPresident-$0--
ALYSSA BERMAN-CUTLERTreasurer-$0--
PETER CASSELRecording Secretary-$0--
CAPRICE LINDSAYVice President-$0--
Filing and Contact Details

Filer

Filer Name
Hyde Park Chamber of Commerce
EIN
36-6076729
Address
1715 E 55TH STREET STE B, Chicago, IL 60615

Signing Officer

Name
Wallace E Goode
Title
Executive Direc
Phone
7732880124
Signed
2021-02-05
Discuss with paid preparer
No

Preparer

Firm
Practical Financial Solutions Inc
Address
1715 E 55th Street Suite B, Chicago, IL 60615
Preparer
Greg Teague
Phone
7733821700
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountOffice Supplies 364Insurance 1,741Technology 2,546Marketing 300Advertising 1,200Website 325Volunteer expenses 420Board Lunch 372Interest 111Business to Business 45Membership Dues 195Social Media 100Credit Card Processing 1,109Bank Service Charges 85Annual Report 19”

Description of other assets Part II line 24

“Category Beginning of Year End of YearAccounts Receivable 6,667 3,333”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearCurrent Liabilities 1,390 2,508”

Raw XML Appendix135 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/PersonNm0WALLACE GOODE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CAPRICE LINDSAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3RECORDING SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherExpensesTotalAmt08932
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearAccounts Receivable 6,667 3,333
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearCurrent Liabilities 1,390 2,508
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
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ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Wallace
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,591
Liabilities
$2,508
Net assets
$24,083
Revenue
$49,417
Expenses
$59,691
Net income
-$10,274
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.11$0.11$0.75$0.69$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.26$0.17$0.88$0.77$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.29$0.29$0.52$0.93$0.41
2021Detailed filing. Detailed filing data is available for this year.$0.35$0.23$0.12$0.77$0.89$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.27$0.03$0.24$0.49$0.60$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.36$0.01$0.34$0.96$1.10$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.54$0.06$0.48$1.06$1.25$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.67$0.02$0.66$1.10$1.24$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.81$0.01$0.80$1.12$1.18$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$1.02$1.16$0.14
2013Detailed filing. Detailed filing data is available for this year.$1.01$0.03$0.98$0.90$1.04$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.00$1.14$1.62