Civic Intelligence

Illinois Association Chamber Commerce Executives

EIN 36-6166429 • 501(c)6 • Springfield, IL

Profile

To provide training and information needed by chamber of commerce executives through webinars, seminars, conferences, workshops, and newsletters.

53 Wienold LaneSpringfield, IL 62711

www.iacce.org

Siviq Scores

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

Liabilities / Assets

86th percentile

0.30x

Higher debt load relative to assets than 86% of similar nonprofits.

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

Liabilities / Revenue

93rd percentile

0.52x

Higher debt load relative to revenue than 93% of similar nonprofits.

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

Net Margin

25th percentile

-16%

Higher net margin than 25% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

72nd percentile

11%

Faster asset growth than 72% of similar nonprofits.

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

Revenue Growth

9th percentile

-54%

Faster revenue growth than 9% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$179,783

Up $42,047 (+31%) from 2023

Liabilities

Up

$50,656

Up $30,145 (+147%) from 2023

Net Assets

Up

$129,127

Up $11,902 (+10%) from 2023

Operations
Liabilities / Revenue93rd percentileNet Margin25th percentile

Revenue

Up

$181,023

Up $41,216 (+29%) from 2023

Expenses

Up

$171,044

Up $29,476 (+21%) from 2023

Net Income

Up

$9,979

Up $11,740 (+667%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth72nd percentile

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

$200K$150K$100K$50K$0Assets 2011: $132,648Liabilities 2011: $0Net Assets 2011: $132,6482011Assets 2012: $147,247Liabilities 2012: $0Net Assets 2012: $147,2472012Assets 2013: $182,284Liabilities 2013: $0Net Assets 2013: $182,2842013Assets 2014: $181,962Liabilities 2014: $13,989Net Assets 2014: $167,9732014Assets 2015: $160,571Net Assets 2015: $160,5712015Assets 2020: $158,655Liabilities 2020: $14,182Net Assets 2020: $144,4732020Assets 2021: $149,638Liabilities 2021: $11,118Net Assets 2021: $138,5202021Assets 2022: $166,206Liabilities 2022: $50,267Net Assets 2022: $115,9392022Assets 2023: $137,736Liabilities 2023: $20,511Net Assets 2023: $117,2252023Assets 2024: $179,783Liabilities 2024: $50,656Net Assets 2024: $129,1272024

Highlighted filing

2024

Assets$179,783
Liabilities$50,656
Net Assets$129,127
Open 2024 Filing

Operations Trend

Revenue Growth9th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $78,239Expenses 2011: $64,779Net Income 2011: $13,4602011Revenue 2012: $86,331Expenses 2012: $71,732Net Income 2012: $14,5992012Revenue 2013: $98,876Expenses 2013: $63,985Net Income 2013: $34,8912013Revenue 2014: $31,897Expenses 2014: $43,350Net Income 2014: -$11,4532014Revenue 2015: $53,256Expenses 2015: $52,447Net Income 2015: $8092015Revenue 2020: $69,322Expenses 2020: $66,434Net Income 2020: $2,8882020Revenue 2021: $212,690Expenses 2021: $218,520Net Income 2021: -$5,8302021Revenue 2022: $97,161Expenses 2022: $112,476Net Income 2022: -$15,3152022Revenue 2023: $139,807Expenses 2023: $141,568Net Income 2023: -$1,7612023Revenue 2024: $181,023Expenses 2024: $171,044Net Income 2024: $9,9792024

Highlighted filing

2024

Revenue$181,023
Expenses$171,044
Net Income$9,979
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$179,783
Liabilities
$50,656
Net assets
$129,127
Revenue
$181,023
Expenses
$171,044
Net income
$9,979
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.80$0.51$1.29$1.81$1.71$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.38$0.21$1.17$1.40$1.42$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.66$0.50$1.16$0.97$1.12$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.50$0.11$1.39$2.13$2.19$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.59$0.14$1.44$0.69$0.66$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.61$1.61$0.53$0.52$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.82$0.14$1.68$0.32$0.43$0.11
2013Detailed filing. Detailed filing data is available for this year.$1.82$0.00$1.82$0.99$0.64$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.00$1.47$0.86$0.72$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.00$1.33$0.78$0.65$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 22, 2025
Return Version
2024v5.1
Gross Receipts
$181,023
Mission and Program Overview

Mission

To provide training and information needed by chamber of commerce executives through webinars, seminars, conferences, workshops, and newsletters.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$120,044$146,021▲ $25,977
Cash and Non-Interest-Bearing Accounts$13,854$24,703▲ $10,849
Total Assets$137,736$179,783▲ $42,047
Other Assets Total$3,838$9,059▲ $5,221
Liabilities
Accounts Payable and Accrued Expenses$3,047$36,749▲ $33,702
Deferred Revenue$17,464$13,907▼ $3,557
Total Liabilities$20,511$50,656▲ $30,145
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$117,225$129,127▲ $11,902
Total Net Assets Fund Balance$117,225$129,127▲ $11,902
Total Liabilities and Net Assets / Fund Balance$137,736$179,783▲ $42,047

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$9,059--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Wendy PfeilBoard Chair
Rudy FloresPast Chair
Lisa WeitzelPresident and Corporate Secretary
Jessica Linder GalloVice Chair
Bill ZensDirector at Large
Brad BallDirector at Large
Christina Van YperenDirector at Large
Jill TarkingtonDirector at Large
John BlickDirector at Large
Karen MullinsDirector at Large
Melissa BoltzDirector at Large
Mike MurphyDirector at Large
Tasha MarsagliaDirector at Large
Terry DasonDirector at Large
Zack SullivanDirector at Large
Caitlin PusateriTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$99,153
Program Service Revenue
$77,817
Investment Income
$4,053
Other Revenue
$0
All Other Contributions
$47,891
Change in Net Assets
$9,979
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$123,403
Salaries, Compensation, and Employee Benefits$47,641
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$82,638--$82,638
Current Officers, Directors, Trustees, and Key Employees$44,109--$44,109
Other Expenses$6,700--$6,700
Fees for Services Management$6,360--$6,360
Travel$5,866--$5,866
Fees for Services Accounting$4,190--$4,190
Office Expenses$4,051--$4,051
Payroll Taxes$3,532--$3,532
Insurance$3,162--$3,162
Total Functional Expenses$171,044$0$0$171,044
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
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“A copy of the Form 990 was provided to the Board of Directors for review prior to filing with the Internal Revenue Service.”

Conflict of interest policy compliance Part VI line 12C

“The President monitors the activities of all board members for possible conflicts of interest.”

Governing documents etc available to public Part VI line 19

“The organization provides all governing documents and financial statements to any individual or organization upon request. The organizations Form 990 is available at guidestar.org.”

Filing and Contact Details

Filer

Filer Name
Illinois Association Chamber Commerce Executives
EIN
36-6166429
In Care Of
% Lisa Weitzel
Phone
2176227066
Address
53 Wienold Lane, Springfield, IL 62711
Doing Business As
Iacce

Signing Officer

Name
Lisa Weitzel
Title
President
Phone
2175852995
Signed
2025-04-22
Discuss with paid preparer
Yes

Organization Details

Formed
1972
Legal Domicile
Il
Voting Board Members
15
Independent Board Members
15
Employees
1

Preparer

Firm
Franklin & Vaughn LLC
Address
7321 South Lindbergh Blvd Ste 310, Saint Louis, MO 63125
Preparer
Nathan Franklin
Phone
3144339707
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0117225
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0129127
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt04051
IRS990/OfficeExpensesGrp/TotalAmt04051
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03838
IRS990/OtherAssetsTotalGrp/EOYAmt09059
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Dues and Bank Fees
IRS990/OtherExpensesGrp/Desc1Scholarships
IRS990/OtherExpensesGrp/Desc2Professional Development
IRS990/OtherExpensesGrp/Desc3Website Refresh
IRS990/OtherExpensesGrp/ProgramServicesAmt04724
IRS990/OtherExpensesGrp/ProgramServicesAmt12000
IRS990/OtherExpensesGrp/ProgramServicesAmt23712
IRS990/OtherExpensesGrp/ProgramServicesAmt36700
IRS990/OtherExpensesGrp/TotalAmt04724
IRS990/OtherExpensesGrp/TotalAmt12000
IRS990/OtherExpensesGrp/TotalAmt23712
IRS990/OtherExpensesGrp/TotalAmt36700
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt03532
IRS990/PayrollTaxesGrp/TotalAmt03532
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0Silent Auction
IRS990/ProgramServiceRevenueGrp/Desc1Fall Conference
IRS990/ProgramServiceRevenueGrp/Desc2Seminars & Webinars
IRS990/ProgramServiceRevenueGrp/Desc3Board Trainings
IRS990/ProgramServiceRevenueGrp/Desc4Chamber Awards
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03088
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt154530
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt218449
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03088
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt218449
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4250
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt062652
IRS990/PYInvestmentIncomeAmt01700
IRS990/PYOtherExpensesAmt0104127
IRS990/PYProgramServiceRevenueAmt075455
IRS990/PYRevenuesLessExpensesAmt0-1761
IRS990/PYSalariesCompEmpBnftPaidAmt037441
IRS990/PYTotalExpensesAmt0141568
IRS990/PYTotalRevenueAmt0139807
IRS990/ReconcilationRevenueExpnssAmt09979
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0120044
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0146021
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt09059
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Prepaid Expenses
IRS990ScheduleD/TotalBookValueOtherAssetsAmt09059
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the Form 990 was provided to the Board of Directors for review prior to filing with the Internal Revenue Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The President monitors the activities of all board members for possible conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization provides all governing documents and financial statements to any individual or organization upon request. The organizations Form 990 is available at guidestar.org.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0137736
IRS990/TotalAssetsEOYAmt0179783
IRS990/TotalAssetsGrp/BOYAmt0137736
IRS990/TotalAssetsGrp/EOYAmt0179783
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt099153
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0171044
IRS990/TotalFunctionalExpensesGrp/TotalAmt0171044
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt020511
IRS990/TotalLiabilitiesEOYAmt050656
IRS990/TotalLiabilitiesGrp/BOYAmt020511
IRS990/TotalLiabilitiesGrp/EOYAmt050656
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0117225
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0129127
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0171044
IRS990/TotalProgramServiceRevenueAmt077817
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt081870
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0181023
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0137736
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0179783
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt05866
IRS990/TravelGrp/TotalAmt05866
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0www.iacce.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LISA WEITZEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02175852995
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Illinois Association Chamber Commerce Executives
ReturnHeader/Filer/BusinessNameControlTxt0ILLI
ReturnHeader/Filer/EIN0366166429
ReturnHeader/Filer/InCareOfNm0% Lisa Weitzel
ReturnHeader/Filer/PhoneNum02176227066
ReturnHeader/Filer/USAddress/AddressLine1Txt053 Wienold Lane
ReturnHeader/Filer/USAddress/CityNm0Springfield
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062711
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271197162
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Franklin & Vaughn LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07321 South Lindbergh Blvd Ste 310
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Saint Louis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd063125

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