Downers Grove Area Chamber of Commerce & Industry Inc
501(c)(6)
Only null% goes to programs Declining revenue
Downers Grove Area Chamber of Commerce & Industry Inc is a 501(c)(6) organization based in Downers Grove, Illinois, registered in 1975, with $311,284 in FY2023 revenue. CharityIndex grades it B.
2001 Butterfield Rd Ste 105, Downers Grove, IL, 60515 EIN 36-2207366 Since 1975
Revenue (FY2023)
$311K
▼ 3.8% vs prior year
Expenses (FY2023)
$336K
Net assets
$52K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Downers Grove Area Chamber of Commerce & Industry Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · -8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Downers Grove Area Chamber of Commerce & Industry Inc: 2 mo reserves · -8% margin earns a B on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Downers Grove Area Chamber of Commerce & Industry Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Downers Grove Area Chamber of Commerce & Industry Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2001 Butterfield Rd Ste 105, Downers Grove, IL, 60515
- City
- Downers Grove
- State
- Illinois
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $393K (FY2018) to $311K (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $325Net assets $52K
Operating margin
-7.9%
Spent more than it raised in the latest fiscal year.
Total assets
$52K
Total liabilities
$325
Net assets
$52K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $311,284▼3.8% | $335,784▲3.8% | $51,694▼32.2% | $52,019▼32.0% | 990 |
| 2022 | $323,617▲12.8% | $323,560▲0.2% | $76,194▲0.1% | $76,519▲0.1% | 990 |
| 2021 | $286,814▼26.7% | $323,038▲12.0% | $76,137▼32.2% | $76,412▼32.7% | 990 |
| 2020 | $391,146▲40.3% | $288,493▲1.7% | $112,361▲1057% | $113,467▲213% | 990 |
| 2019 | $278,868▼29.0% | $283,641▼26.8% | $9,708▼33.0% | $36,258▲28.1% | 990 |
| 2018 | $392,523 | $387,356 | $14,481 | $28,307 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Downers Grove Area Chamber of Commerce & Industry Inc a legitimate nonprofit?
- Yes. Downers Grove Area Chamber of Commerce & Industry Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 36-2207366, based in Downers Grove, Illinois.
- What is Downers Grove Area Chamber of Commerce & Industry Inc's EIN?
- Downers Grove Area Chamber of Commerce & Industry Inc's Employer Identification Number (EIN) is 36-2207366.
- How much revenue does Downers Grove Area Chamber of Commerce & Industry Inc report?
- Downers Grove Area Chamber of Commerce & Industry Inc reported $311,284 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Downers Grove Area Chamber of Commerce & Industry Inc have?
- CharityIndex grades Downers Grove Area Chamber of Commerce & Industry Inc B, based on financial health (reserves and operating margin).
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Data for Downers Grove Area Chamber of Commerce & Industry Inc (EIN 36-2207366) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.