Civic Intelligence

Latvian-American Chamber of Commerce

EIN 82-1699457 • 501(c)6 • Chicago, IL

NTEE S41

Profile

A. Fostering its members' business interests.b. Facilitating commercial contracts between the united states and latvia.c. Educating united states individuals and companies about the latvian business market.d. Building relationships within the latvian american community.e. Enhancing trade relations between the united states and latvia.f. Serving as a resource for latvian diplomats.

191 N Wacker Dr Ste 2300Chicago, IL 60606

www.latvianchamber.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

72nd percentile

20%

Higher net margin than 72% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE S41 • <$500k nonprofits • Source year 2024

Asset Growth

84th percentile

41%

Faster asset growth than 84% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Annualized from 2021 to 2024

Revenue Growth

88th percentile

61%

Faster revenue growth than 88% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Annualized from 2021 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$47,690

Up $30,799 (+182%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$47,690

Up $30,799 (+182%) from 2021

Operations
Liabilities / RevenueScore unavailableNet Margin72nd percentile

Revenue

Up

$64,566

Up $49,079 (+317%) from 2021

Expenses

Up

$51,721

Up $44,779 (+645%) from 2021

Net Income

Up

$12,845

Up $4,300 (+50%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth84th percentile

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

$60K$40K$20K$0Assets 2021: $16,891Liabilities 2021: $0Net Assets 2021: $16,8912021Assets 2024: $47,690Net Assets 2024: $47,6902024

Highlighted filing

2024

Assets$47,690
Liabilities-
Net Assets$47,690
Open 2024 Filing

Operations Trend

Revenue Growth88th percentile

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

$80K$60K$40K$20K$0Revenue 2021: $15,487Expenses 2021: $6,942Net Income 2021: $8,5452021Revenue 2024: $64,566Expenses 2024: $51,721Net Income 2024: $12,8452024

Highlighted filing

2024

Revenue$64,566
Expenses$51,721
Net Income$12,845
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$47,690
Liabilities
-
Net assets
$47,690
Revenue
$64,566
Expenses
$51,721
Net income
$12,845
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$47.7$47.7$64.6$51.7$12.8
2021Detailed filing. Detailed filing data is available for this year.$16.9$0.00$16.9$15.5$6.94$8.55
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 19, 2025
Return Version
2024v5.1
Gross Receipts
$64,566
Mission and Program Overview

Mission

A. Fostering its members' business interests.b. Facilitating commercial contracts between the united states and latvia.c. Educating united states individuals and companies about the latvian business market.d. Building relationships within the latvian american community.e. Enhancing trade relations between the united states and latvia.f. Serving as a resource for latvian diplomats.

a promote its Members business interests b facilitate networking and the exchange of knowledge among its Members and partners cfoster _ trade and investment between Latvia and the United States

Program Services

DescriptionGrantsExpenses
a hosted largest Latvian business delegation to the US in Latvian history b_hosted and offered over 38 networking events across 12 regions c increased membership by 61 percent$0$0
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lauris LambergsCo-PresidentPT$0--
Janis BergsCo-PresidentPT$0--
Baiba SiscoTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Latvian-american Chamber of Commerce
EIN
82-1699457
In Care Of
% Lauris Lambergs
Address
191 N WACKER DR STE 2300, CHICAGO, IL 60606

Signing Officer

Name
Kristine Vainovska Twidwell
Title
Contractor
Signed
2025-05-19
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Form 990 EZ Part I Line 16 Other Expenses - Description: Advertising & marketing - Amount 12 613.51; Meals & Entertainment - Amount 1 868.37; Office expenses - Amount 5 750.46; Regional Chapter events -Amount 11,903.92; Travel -Amount 994.59 Total to Form 990 EZ line 16: 33,131, $33131|”

Raw XML Appendix93 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Baiba Sisco
IRS990EZ/BooksInCareOfDetail/PhoneNum07202360931
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt010705 W Virginia Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Lakewood
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0802262609
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt034845
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt047690
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt012845
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt018590
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt034845
IRS990EZ/Form990TotalAssetsGrp/EOYAmt047690
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt064566
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt064566
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt034845
IRS990EZ/NetAssetsOrFundBalancesEOYAmt047690
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt034845
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt047690
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Lauris Lambergs
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Janis Bergs
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Baiba Sisco
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Co-President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Co-President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt033131
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0a promote its Members business interests b facilitate networking and the exchange of knowledge among its Members and partners cfoster _ trade and investment between Latvia and the United States
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0a hosted largest Latvian business delegation to the US in Latvian history b_hosted and offered over 38 networking events across 12 regions c increased membership by 61 percent
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt051721
IRS990EZ/TotalRevenueAmt064566
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.latvianchamber.com
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Form 990 EZ Part I Line 16 Other Expenses - Description: Advertising & marketing - Amount 12 613.51; Meals & Entertainment - Amount 1 868.37; Office expenses - Amount 5 750.46; Regional Chapter events -Amount 11,903.92; Travel -Amount 994.59 Total to Form 990 EZ line 16: 33,131, $33131|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Kristine Vainovska Twidwell
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Contractor
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LATVIAN-AMERICAN CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0LATV
ReturnHeader/Filer/EIN0821699457
ReturnHeader/Filer/ForeignPhoneNum08169291594
ReturnHeader/Filer/InCareOfNm0% Lauris Lambergs
ReturnHeader/Filer/USAddress/AddressLine1Txt0191 N WACKER DR STE 2300
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060606
ReturnHeader/ReturnTs02025-05-16T16:29:37-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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