Mclean County Chamber of Commerce Foundation

Nonprofit profile at a glance

EIN
371319011
IRS 990-EZ coverage
2022–2025
Forms available
Form 990 2021, Form 990-EZ 2025, Form 990-N 2017
Location
Bloomington, IL, USA
Phone
3098296344
Rating
52
Verdict
MIXED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$20,356
Expenses
$23,067
Assets
$41,727

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

Leadership & pay

10 people listed

People named in this filing

  • CHARLIE MOORE (DIRECTOR)
  • MARK DEKEERSGIETER (CHAIR)
  • AIMEE BEAM (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation's mission is to fund workforce, leadership, and community development initiatives that strengthen the competitive advantage of mclean county business.

What it reported doing in 2025

The foundation's purpose is to solicit, collect, and otherwise raise money for charitable purposes, including to expand, contribute, disburse, and otherwise handle and dispose of money for such purposes relating to the aims and goals of the mclean county chamber of commerce. Such purposes and goals include, but are not limited to: community development, leadership development, post-secondary and leadership mclean county scholarships, and microbusiness grants.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 20
  • Transparency & Controls: 100
  • Sustainability: 31
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 21.2%; rating input score 21
  • Program expense ratio: 18.7%; rating input score 19

Transparency & Controls

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

Sustainability

  • Operating margin: -13.3%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 1.81; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 717.6%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -26.8% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: -23.5% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: -4.8% per year; rating input score 0; 25th percentile among comparable filings

Details

  • Where the money goes: 21.2% of revenue deployed · 18.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 21/100.
  • High — Financial Efficiency: Program expense ratio scored 19/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 26/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.