2025-05-14T09:22:52+00:00 2024-06-30 440160260 Forvis Mazars LLP 1901 S Meyers Road Suite 500 Oakbrook Terrace IL 601815209 990 2023-07-01 237334589 Chicagoland Chamber of Commerce Foundation CHIC 3124946700 410 N MICHIGAN AVENUE 900 CHICAGO IL 60611 John Lavin President & CEO 2025-05-14 true true Nicole Fishback P01279475 6302829500 2025-05-15 2023 2025-03-06 01:10:19Z JOHN LAVIN 410 N MICHIGAN AVENUE 900 CHICAGO IL 60611 322946 false X WWW.CHICAGOLANDCHAMBER.ORG X 1973 IL THE CHAMBER FOUNDATION COORDINATES EDUCATIONAL RESOURCES, PROGRAMS, AND RESEARCH TO ADVANCE THE ACTIVITIES OF THE CHAMBER. 4 3 0 3 0 0 319347 310623 0 0 3 3 -85533 -123275 233817 187351 0 0 0 0 168346 201247 0 0 14049 138303 135031 306649 336278 -72832 -148927 179337 166506 175351 311447 3986 -144941 X THE CHAMBER FOUNDATION AFFECTS CHANGE BY RESEARCHING KEY ISSUES, FORMULATING ARGUMENTS AND INITIATIVES, DEVELOPING OPTIONS AND INFORMING THE COLLECTIVE THINKING OF BUSINESS, GOVERNMENT, AND CIVIC LEADERS. false false 90460 SMALL BUSINESS CHICAGO: PROVIDES SMALL BUSINESSES EDUCATION THROUGH SEMINARS TO HELP THEM IN THEIR BUSINESSES. 89203 SMALL BUSINESS DEVELOPMENT CENTER: GRANT TO HELP SMALL BUSINESSES START, GROW, OR EXPAND THEIR BUSINESS. 2624 CHAMBER LEADERSHIP ACADEMY: BRINGS TOGETHER LOCAL CHAMBERS TO SHARE BEST PRACTICES. 22868 SBA AWARD 22868 205155 true true false false false false false false false true false false false true false true true false false false false false false true false false false false true false false false false false false false false false false false false false true false true false true 0 0 0 false false false false false false false false false false false false X 4 3 false false false false false false false true true false false false true true true true true false false false IL X JILL SYNOGA 3124946700 410 N MICHIGAN AVE SUITE 900 CHICAGO IL 60611 JACK LAVIN PRESIDENT & CEO 0.1 40.0 X X 0 479762 18414 JESSICA SMITH DIRECTOR 0.1 X X 0 0 0 MATTHEW SUMMY VICE PRESIDENT 0.1 X X 0 0 0 RICH GAMBLE DIRECTOR 0.1 0.1 X X 0 0 0 0 479762 18414 0 false true false 0 107680 84019 118924 310623 0 0 0 0 0 3 3 0 0 0 0 12320 107680 135595 -123275 -123275 0 0 0 0 0 187351 0 0 -123272 X 164985 74602 76334 14049 654 544 110 30066 29643 423 5542 5303 239 19425 19425 38396 33800 4596 0 9976 2185 7791 39224 34462 4762 21891 21891 1250 1250 1225 1225 DUES & SUBSCRIPTIONS 1398 1398 PRINTING 1292 1292 OTHER 903 903 REGISTRATIONS 35 35 16 0 16 0 336278 205155 117074 14049 84634 112140 6401 6402 0 81820 46739 0 0 0 0 0 0 5231 1225 22053 22053 1251 0 0 0 0 0 0 0 179337 166506 2833 0 0 18000 11299 0 0 0 0 0 0 154518 300148 175351 311447 -12514 -161441 16500 16500 3986 -144941 179337 166506 -148927 0 X false true X true false X 626206 426975 485450 319347 310623 2168601 0 0 0 0 0 0 0 0 0 0 626206 426975 485450 319347 310623 2168601 466321 1702280 199 39 4 3 3 248 0 0 0 0 0 0 0 0 0 0 0 2168849 0 0.7849 0.7015 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22053 22053 0 0 DUE TO RELATED PARTY 300148 300148 322946 135595 135595 187351 0 0 187351 471873 135595 135595 336278 0 0 336278 Schedule D, Part X, Line 2 ASC 740 Footnote MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 FUNDRAISING EXPENSES INCLUDED IN INCOME - 135595 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 FUNDRAISING EXPENSES INCLUDED IN INCOME - 135595 BURNHAM DINNER 120000 107680 12320 135595 0 0 120000 107680 12320 135595 135595 -123275 false false false false false false false false false JACK LAVIN PRESIDENT & CEO 0 413761 0 65000 0 1001 0 6603 0 11811 0 498176 0 0 Schedule J, Part III LINE 3 A RELATED ORGANIZATION COMPENSATES THE EXECUTIVE DIRECTOR AND IS REIMBURSED FOR THIS EXPENSE BY THE ORGANIZATION. THE COMPENSATION IS APPROVED BY THE CEO OF THE RELATED ORGANIZATION. VARIOUS SURVEYS AND OTHER SOURCES CONTAINING SALARY INFORMATION ARE USED IN DETERMINING COMPENSATION. THE PROCESS INCLUDES CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION. THIS WAS LAST DONE IN 2016. Form 990, Part III, Line 4d Description of other program services (Expenses $ 22,868 including grants of $) SBA AWARD Form 990, Part VI, Line 15a A RELATED ORGANIZATION COMPENSATES THE EXECUTIVE DIRECTOR AND IS REIMBURSED FOR THIS EXPENSE BY THE ORGANIZATION. THE COMPENSATION IS APPROVED BY THE CEO OF THE RELATED ORGANIZATION. VARIOUS SURVEYS AND OTHER SOURCES CONTAINING SALARY INFORMATION ARE USED IN DETERMINING COMPENSATION. THE PROCESS INCLUDES CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION. THIS WAS LAST DONE IN 2016. Form 990, Part VI, Line 15b THE ORGANIZATION DOES NOT HAVE OTHER OFFICERS OR KEY EMPLOYEES THAT ARE COMPENSATED. Form 990, Part VI, Line 11b Review of form 990 by governing body BEFORE THE 990 IS FILED WITH THE IRS, IT IS REVIEWED BY THE CONTROLLER AND CHAMBER CEO. FOLLOWING THEIR REVIEW, IT IS REVIEWED BY A MEMBER OF THE FINANCE AND AUDIT COMMITTEE. THE BOARD PASSED A RESOLUTION TO GIVE THE FINANCE COMMITTEE THE RESPONSIBILITY OF APPROVING THE 990. Form 990, Part VI, Line 12c Conflict of interest policy THE CHAMBER FOUNDATION HAS ITS BOARD CONDUCT ANNUAL REVIEWS AND UPDATES TO THEIR CONFLICT OF INTEREST STATEMENTS. Form 990, Part VI, Line 19 Required documents available to the public DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g Other Fees PROFESSIONAL FEES - Total Expense: 38396, Program Service Expense: 33800, Management and General Expenses: 4596, Fundraising Expenses: ; CHICAGOLAND CHAMBER OF COMMERCE 410 N MICHIGAN AVE STE 900 CHICAGO IL 60611 360896000 MEMBERSHIP IL 501(c)(6) NA false CHICAGOLAND CHAMBER OF COMMERCE PAC 410 N MICHIGAN AVE STE 900 CHICAGO IL 60611 912070922 LOBBYING IL 527 NA false false false false false false false false false false false false false false true true true false false false CHICAGOLAND CHAMBER OF COMMERCE O 94499 FMV CHICAGOLAND CHAMBER OF COMMERCE P 63091 FMV CHICAGOLAND CHAMBER OF COMMERCE N 42547 FMV