Civic Intelligence

Melrose Park Chamber of Commerce

EIN 82-5358122 • 501(c)6 • Melrose Park, IL

Profile

The melrose park chamber of commerce and community development mission as a non-profit is to provide economic opprtunities.

900 N 25th AveMelrose Park, IL 60160

mpcccd.org

Siviq Scores

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

Liabilities / Assets

78th percentile

0.14x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.13x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

41st percentile

-3.9%

Higher net margin than 41% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

45th percentile

-3.9%

Faster asset growth than 45% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-36%

Faster revenue growth than 16% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$216,694

Down $8,695 (-3.9%) from 2023

Liabilities

Flat

$30,000

Flat from 2023

Net Assets

Down

$186,694

Down $8,695 (-4.5%) from 2023

Operations
Liabilities / Revenue80th percentileNet Margin41st percentile

Revenue

Down

$225,287

Down $126,581 (-36%) from 2023

Expenses

Down

$233,982

Down $22,936 (-8.9%) from 2023

Net Income

Down

-$8,695

Down $103,645 (-109%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

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

$300K$200K$100K$0Assets 2021: $85,564Liabilities 2021: $30,000Net Assets 2021: $55,5642021Assets 2022: $130,439Liabilities 2022: $30,000Net Assets 2022: $100,4392022Assets 2023: $225,389Liabilities 2023: $30,000Net Assets 2023: $195,3892023Assets 2024: $216,694Liabilities 2024: $30,000Net Assets 2024: $186,6942024

Highlighted filing

2024

Assets$216,694
Liabilities$30,000
Net Assets$186,694
Open 2024 Filing

Operations Trend

Revenue Growth16th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2021: $134,291Expenses 2021: $91,646Net Income 2021: $42,6452021Revenue 2022: $269,063Expenses 2022: $224,188Net Income 2022: $44,8752022Revenue 2023: $351,868Expenses 2023: $256,918Net Income 2023: $94,9502023Revenue 2024: $225,287Expenses 2024: $233,982Net Income 2024: -$8,6952024

Highlighted filing

2024

Revenue$225,287
Expenses$233,982
Net Income-$8,695
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$216,694
Liabilities
$30,000
Net assets
$186,694
Revenue
$225,287
Expenses
$233,982
Net income
-$8,695
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.17$0.30$1.87$2.25$2.34$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.25$0.30$1.95$3.52$2.57$0.95
2022Detailed filing. Detailed filing data is available for this year.$1.30$0.30$1.00$2.69$2.24$0.45
2021Detailed filing. Detailed filing data is available for this year.$0.86$0.30$0.56$1.34$0.92$0.43
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$225,287
Mission and Program Overview

Mission

The melrose park chamber of commerce and community development mission as a non-profit is to provide and promote economic opprtunities in melrose park illinois.

The melrose park chamber of commerce and community development mission as a non-profit is to provide economic opprtunities in melrose park, illinois.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$225,389$216,694▼ $8,695
Rtn Earn Endowment Incm Other Fnds$195,389$186,694▼ $8,695
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$225,389$216,694▼ $8,695
Other Assets Total-$0-
Liabilities
Grants Payable$30,000$30,000→ $0
Total Liabilities$30,000$30,000→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$195,389$186,694▼ $8,695
Total Liabilities and Net Assets / Fund Balance$225,389$216,694▼ $8,695
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Doug OlsonChairman
Jack StonebrakerChairman
Isaac BazbazExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$218,008
Program Service Revenue
$0
Investment Income
$7,279
Other Revenue
$0
All Other Contributions
$40,788
Change in Net Assets
$-8,695
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$229,666
Grants and Similar Amounts Paid$4,316
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$151,562--$151,562
Office Expenses$22,550--$22,550
Fees for Services Accounting$14,503--$14,503
Advertising$11,856--$11,856
Grants to Domestic Orgs$4,316--$4,316
Travel$922--$922
Other Expenses$264--$264
All Other Expenses$11--$11
Total Functional Expenses$233,982$0$0$233,982
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Review by executive director before submission to board”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Melrose Park Chamber of Commerce
EIN
82-5358122
Phone
7083439500
Address
900 N 25TH AVE, MELROSE PARK, IL 60160

Signing Officer

Name
Isaac Bazbaz
Title
Executive Director
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Isaac Bazbaz
Formed
2018
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Marchan Consulting LLC
Address
1300 N 24th Ave, Melrose Park, IL 60160
Preparer
Ignacio Marchan
Phone
7088801500
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