Edison Park Chamber of Commerce

Nonprofit profile at a glance

EIN
363352854
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Chicago, IL, USA
Phone
7736310063
Rating confidence
Limited

Official website

Reported finances

Revenue
$211,051
Expenses
$236,135
Assets
$575,358
Liabilities
$177,330

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • AMANDA HARRIS (EXECUTIVE DIRECTOR)
  • DENNIS GANCARZ (VICE PRESIDENT)
  • GEORGE MCCARTHY (PRESIDENT)
  • REBECCA STAFFORD (EXECUTIVE DIRECTOR)

Highest reported compensation

  • AMANDA HARRIS (EXECUTIVE DIRECTOR): $70,000 total reported compensation
  • REBECCA STAFFORD (EXECUTIVE DIRECTOR): $21,510 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To drive economic growth and prosperity within our region by championing local businesses through advocacy, strategic networking, and access to essential resources -- fostering a dynamic and resilient business community

What it reported doing in 2025

The edison park fest - a three-day community event encompassing a diverse array of attractions, including a business exposition, arts and crafts displays, a parade, live entertainment, a dog show, bingo, raffles, the taste of edison park, a carnival, and various games. The festival serves as a catalyst for economic development by attracting visitors to the area and highlighting the offerings of local businesses.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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: 92
  • Accountability: 74
  • Sustainability: 29
  • Growth: 60

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -11.9%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 2.44; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0.31; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 38.8%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: -60% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 41st percentile among comparable filings
  • Asset growth: 2.4% per year; rating input score 100; 32nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 16 of 16 board members independent · 3 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $211K in reported program spending
  • Leadership: top reported pay $70K · 16 people listed
  • Consistency: 11 of 11 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 17/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.