Palos Area Chamber of Commerce

Nonprofit profile at a glance

EIN
363686161
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025
Location
Palos Heights, IL, USA
Phone
7084803025
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$18,652
Expenses
$24,243
Assets
$53,446
Liabilities
$42

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

Leadership & pay

3 people listed

Executive titles in this filing

  • TODD PROBASCO (President)
  • Selena Georgelos (Vice President)

People named in this filing

  • TODD PROBASCO (President)
  • Selena Georgelos (Vice President)
  • JAMES DAEMICKE (Treasurer)

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

To advance the civic, commercial and professional welfare of the palos communities.

What it reported doing in 2025

Our community is enriched by the services our members provide and we in turn, support them with a wide range of services and benefits including placement in the online member directory, a monthly email newsletter and membership meetings featuring timely programs and networking opportunities.Chamber members understand the importance of civic responsibility and take great pride in the growth and development of our community. The Palos Area Chamber of Commerce is committed to promoting the business community and the many wonderful amenities our city offers to both residents and guests and is dedicated to making the Palos area a wonderful and convenient place to live, work, visit and build a business.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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: 38
  • Growth: 60

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: -30%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 2.2; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 32.7% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: -4.1% per year; rating input score 0; 36th percentile among comparable filings
  • Asset growth: 6.9% per year; rating input score 100; 62nd 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 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 13 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • 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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 17/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.