Addison Chamber of Commerce and Industry

Nonprofit profile at a glance

EIN
363775960
IRS 990-EZ coverage
2010–2020
Forms available
Form 990-EZ 2020
Location
Addison, IL, USA
Phone
6305434300
Rating confidence
Limited

Official website

Reported finances

Revenue
$49,213
Expenses
$74,222
Assets
$7,019
Liabilities
$4,951

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • ROBERT ANDERSON (IMMEDIATE PAST PRESIDENT)
  • BERNADETTE LAROCCA (EXECUTIVE DIRECTOR)
  • MERAY ESTEPHAN (2ND VICE PRESIDENT)
  • BARBARA LAZZARA (PRESIDENT)

People named in this filing

  • ROBERT ANDERSON (IMMEDIATE PAST PRESIDENT)
  • ANNA KUBAS (DIRECTOR)
  • TIM DELAWDER (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The addison chamber of commerce and industry strives to provide: the best environment possible to enhance business in the addison community; educational sessions for business and employee development; a forum for the exchange of business related ideas and solutions; assistance in the interpretations and compliance with government regulations; a means for meaningful community involvement.

What it reported doing in 2020

Meetings, outings and events - the organization sponsors outings to promote industrial interests and membership in the association and foster relationships within the organization and local business/industrial community.

Operating model

Revenue model
Membership-supported. 93% of the money available for current operations came from membership dues.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 14
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -50.8%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.09; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0.71; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 2.9%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -2.7% per year; rating input score 0; 55th percentile among comparable filings
  • Asset growth: 12.3% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 9 filing years from 2010 to 2020
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.