Greater Crystal Lake Area Chamber of Commerce & Industry
501(c)(6)
Only null% goes to programs Strong reserves
Greater Crystal Lake Area Chamber of Commerce & Industry is a 501(c)(6) organization based in Crystal Lake, Illinois, registered in 1974, with $474,602 in FY2024 revenue. CharityIndex grades it B.
427 W Virginia St, Crystal Lake, IL, 60014 EIN 36-2550889 Since 1974
Revenue (FY2024)
$475K
▲ 6.7% vs prior year
Expenses (FY2024)
$409K
Net assets
$329K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Greater Crystal Lake Area Chamber of Commerce & Industry— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +14% 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 Greater Crystal Lake Area Chamber of Commerce & Industry: 10 mo reserves · +14% margin earns a A 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 Greater Crystal Lake Area Chamber of Commerce & Industry— 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 Greater Crystal Lake Area Chamber of Commerce & Industry: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 427 W Virginia St, Crystal Lake, IL, 60014
- City
- Crystal Lake
- State
- Illinois
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $565K (FY2017) to $475K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $48KNet assets $329K
Operating margin
13.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$377K
Total liabilities
$48K
Net assets
$329K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $474,602▲6.7% | $408,555▼3.0% | $328,787▲10.6% | $376,931▲26.2% | 990 |
| 2023 | $444,970▼5.3% | $421,047▼13.5% | $297,296▲8.9% | $298,594▲9.3% | 990 |
| 2022 | $470,015▼14.3% | $486,607▼12.0% | $273,092▼5.7% | $273,092▼5.7% | 990 |
| 2021 | $548,400▲15.0% | $552,825▲21.7% | $289,684▼1.5% | $289,734▼2.8% | 990 |
| 2020 | $477,008▼4.0% | $454,246▼6.8% | $294,109▲8.4% | $298,001▲6.6% | 990 |
| 2019 | $497,114▼2.8% | $487,242▼11.6% | $271,347▲3.8% | $279,677▲3.3% | 990 |
| 2018 | $511,536▼9.5% | $551,125▼2.4% | $261,475▼13.1% | $270,780▼13.6% | 990 |
| 2017 | $565,315 | $564,911▲3.9% | $301,064▲62.5% | $313,575▲7.4% | 990 |
| 2012 | — | $543,618▼5.6% | $185,258▲23.3% | $292,001▲7.8% | 990 |
| 2011 | — | $575,727▲16.9% | $150,282▲8.5% | $270,935▲10.3% | 990 |
| 2010 | — | $492,307 | $138,462 | $245,603 | 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.
Grants received · $21K total
2 grants to Greater Crystal Lake Area Chamber of Commerce & Industry totaling $21K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Javon Bea Hospital | Program support | 2023 | $8,595 |
| Advocate Health and Hospitals Corporation | Community support | 2020 | $12,000 |
Frequently asked questions
- Is Greater Crystal Lake Area Chamber of Commerce & Industry a legitimate nonprofit?
- Yes. Greater Crystal Lake Area Chamber of Commerce & Industry is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 36-2550889, based in Crystal Lake, Illinois.
- What is Greater Crystal Lake Area Chamber of Commerce & Industry's EIN?
- Greater Crystal Lake Area Chamber of Commerce & Industry's Employer Identification Number (EIN) is 36-2550889.
- How much revenue does Greater Crystal Lake Area Chamber of Commerce & Industry report?
- Greater Crystal Lake Area Chamber of Commerce & Industry reported $474,602 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Greater Crystal Lake Area Chamber of Commerce & Industry have?
- CharityIndex grades Greater Crystal Lake Area Chamber of Commerce & Industry B, based on financial health (reserves and operating margin).
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Data for Greater Crystal Lake Area Chamber of Commerce & Industry (EIN 36-2550889) 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.