IRS 990 Nonprofit Profile
The Commercial Club Of Chicago
Organization's mission the commercial club of chicago (club) was founded in 1877 to promote the social and economic vitality of the metropolitan area of chicago. originally founded by a group of 17 business leaders who believed chicago needed a strong and cohesive civic force to help shape the course of the city's development, today the club is an organization comprised of approximately 480 active and life senior business, educational, civic, and cultural leaders who seek to address social and economic issues of importance to the chicago region. the club holds at least 10 meetings during the year to hear speakers discuss key issues that impact the chicago region. in 1983, the club commissioned a study of the economic well-being of the chicago metropolitan area. the study concluded that chicago was experiencing a gradual erosion of its economic vitality. in response, the club formed its civic committee to undertake projects to bolster core industries and pursue new economic opportunities for the region. the civic committee is comprised of approximately 100 senior executives of the chicago region's leading private employers. its mission is to make the chicago region the best place for everyone to live, work, and do business. the civic committee establishes task forces and committees to undertake studies and develops recommendations to address key policy issues confronting the chicago region; and holds meetings and events throughout the year to discuss its programs and to hear from speakers on key policy issues. in addition, the club and civic committee support affiliated organizations to develop and implement improvements in policy and operations of the city of chicago, the surrounding region, and the state of illinois. at the present time, these organizations include civic committee action, civic consulting alliance, kids first chicago for education (k1c), and p33. the club's financial statements include the activities of the commercial club of chicago and civic committee, which comprise one legal entity.
- Filing year
- 2024
- Total revenue
- $8.7M
- Total expenses
- $8.8M
- Program expenses
- $6.1M
- Administration
- $2.7M
- Fundraising
- $0
- Program share of expenses
- 69%
- EIN
- 362197847
- Location
- Chicago, IL
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Financial data on this page is sourced from IRS Form 990 filings.