2024-05-14T16:29:54-05:00 2023-06-30 824176202 BG ADVISORS CPA LTD 1775 LEGACY CIRCLE NAPERVILLE IL 60563 990 2022-07-01 362481341 NAPERVILLE AREA CHAMBER OF COMMERCE NAPE 6303554141 55 S MAIN STREET SUITE 375 NAPERVILLE IL 60540 KAYLIN RISVOLD PRESIDENT & CEO 6303554141 2024-05-14 1 KAYLIN RISVOLD 999009999 0 SACHIN GANDHI P01424067 6305051081 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z KAYLIN RISVOLD 55 S MAIN STREET SUITE 375 NAPERVILLE IL 60540 1334255 0 X WWW.NAPERVILLE.NET X 1913 IL NAPERVILLE AREA CHAMBER OF COMMERCE ("NACC") BEGAN OPERATIONS IN 1913 AND IS INCORPORATED UNDER THE GENERAL NOT-FOR-PROFIT CORPORATION ACT OF THE STATE OF ILLINOIS. THE NAPERVILLE AREA CHAMBER OF COMMERCE HAS ONE GOAL AND THAT IS TO MOVE BUSINESS FORWARD TOWARD AN ENGAGED, THRIVING COMMUNITY BY BEING YOUR ADVOCATE AND YOUR RESOURCE FOR OUR COMMUNITY. 26 26 16 100 0 0 601881 826116 415947 495559 303 10303 14675 2277 1032806 1334255 0 0 0 0 744479 576814 0 0 0 391240 473945 1135719 1050759 -102913 283496 555458 1148796 297229 607071 258229 541725 X NAPERVILLE AREA CHAMBER OF COMMERCE ("NACC") BEGAN OPERATIONS IN 1913 AND IS INCORPORATED UNDER THE GENERAL NOT-FOR-PROFIT CORPORATION ACT OF THE STATE OF ILLINOIS. THE NAPERVILLE AREA CHAMBER OF COMMERCE HAS ONE GOAL AND THAT IS TO MOVE BUSINESS FORWARD TOWARD AN ENGAGED, THRIVING COMMUNITY BY BEING YOUR ADVOCATE AND YOUR RESOURCE FOR OUR COMMUNITY. 0 0 MEMBER EVENTS PROVIDE NETWORKING, EDUCATION, AND PROMOTIONAL OPPORTUNITIES FOR MEMBER BUSINESSES. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 16 1 0 0 0 0 1 1 0 0 0 X 26 26 0 0 0 0 1 1 0 1 1 0 0 1 1 0 1 1 1 1 1 0 X X KAYLIN RISVOLD 6303554141 55 S MAIN STREET SUITE 375 NAPERVILLE IL 60540 X SHAFEEK ABUBAKER DIRECTOR 1.00 X 0 0 0 NATE ALBERTY DIRECTOR 1.00 X 0 0 0 ADRIAN ALDRICH DIRECTOR 1.00 X 0 0 0 MICHAEL BLANTON DIRECTOR 1.00 X 0 0 0 CHRISTINA CATON KITCHEL DIRECTOR 1.00 X 0 0 0 GABRIEL CHAVEZ DIRECTOR 1.00 X 0 0 0 SHARMILA FOWLER DIRECTOR 1.00 X 0 0 0 IAN HOLZHAUER DIRECTOR 1.00 X 0 0 0 CHRISTINE JEFFRIES DIRECTOR 1.00 X 0 0 0 ANITA KNOTTS DIRECTOR 1.00 X 0 0 0 SEAN LAFORTUNE DIRECTOR 1.00 X 0 0 0 DEREK MCDANIEL DIRECTOR 1.00 X 0 0 0 RYAN MCINTYRE DIRECTOR 1.00 X 0 0 0 DAVE MILLER DIRECTOR 1.00 X 0 0 0 JASON NAGLE DIRECTOR 1.00 X 0 0 0 YVETTE SABA DIRECTOR 1.00 X 0 0 0 LEAH SETZEN DIRECTOR 1.00 X 0 0 0 ASHLEY SHI DIRECTOR 1.00 X 0 0 0 HEATHER STREET DIRECTOR 1.00 X 0 0 0 MAUREEN STROBL DIRECTOR 1.00 X 0 0 0 DAVE SURINA DIRECTOR 1.00 X 0 0 0 ADREANNE TESENE DIRECTOR 1.00 X 0 0 0 KAREN WELLS DIRECTOR 1.00 X 0 0 0 KRISTIN WHITTLE DIRECTOR 1.00 X 0 0 0 MARK WILLIS DIRECTOR 1.00 X 0 0 0 KATIE WOOD DIRECTOR 1.00 X 0 0 0 KAYLIN RISVOLD PRESIDENT & CEO 40.00 X 120534 0 0 120534 0 0 1 0 0 0 0 826116 826116 MEMBER EVENTS 900000 328709 328709 COMMITTEES 900000 119254 119254 PUBLICATIONS 900000 47596 47596 495559 10303 10303 1615 0 1615 1615 1615 OTHER INCOME 900000 662 662 662 1334255 0 0 508139 120534 78347 42187 456280 318347 137933 20393 20393 6709 6709 6570 6570 83401 60956 22445 13533 13533 4552 4552 EQUIPMENT PURCHASES 173106 173106 COMMITTEES 41228 41228 SOFTWARE LICENSES 22666 22666 101787 61174 40613 1050759 733158 317601 0 475512 861161 6410 13770 54384 15104 67063 61444 19152 5619 0 253142 555458 1148796 44571 18302 252658 335627 0 253142 297229 607071 X 258229 541725 258229 541725 555458 1148796 283496 0 X 0 1 X 1 0 31503 29727 1776 35560 31717 3843 5619 OPERATING LEASE RIGHT-OF-USE ASSET SECURITY ASSET 253142 253142 OPERATING LEASE LIABILITIES, CURRENT MATURITIES 62509 OPERATING LEASE LIABILITIES, NET OF CURRENT MATURITIES (LONG-TERM DEBT) 190633 253142 X 1334255 0 1334255 0 1334255 1050759 0 1050759 0 1050759 PART X, LINE 2: NACC IS A NONPROFIT ORGANIZATION EXEMPT FROM THE INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, PURSUANT TO A LETTER FROM THE INTERNAL REVENUE SERVICE. NACC'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. FOR THE YEARS ENDED JUNE 30, 2022 AND 2021, THERE WERE NO INCOME TAX PENALTIES OR INTEREST RECOGNIZED IN THE CHAMBER'S FINANCIAL STATEMENTS. MANAGEMENT BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED JUNE 30, 2022 AND 2021. FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - THE NOMINATING COMMITTEE OF THE BOARD OF DIRECTORS INTERVIEWS APPLICATIONS AND BRINGS NOMINEES TO THE FULL BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE FINANCE COMMITTEE REVIEWS THE 990 AND NOTIFIES FULL BOARD OF ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED BY ALL NEW EMPLOYEES. THE POLICY IS PRESENTED TO ALL NEW BOARD MEMBERS IN THE FIRST MEETING AFTER AN ELECTION. IF A CONFLICT EXISTS, IT MAY BE APPROVED BY THE MAJORITY OF THE BOARD. THE MEMBER WITH THE CONFLICT MAY NOT BE INCLUDED IN THE VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT CONDUCTS ANNUAL REVIEWS AND COMPENSATION IS BASED UPON PERFORMANCE, POSITION, AND ANNUAL SALARY BUDGET. FORM 990, PART VI, SECTION C, LINE 18 NACC WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.