CHICAGOLAND CHAMBER OF COMMERCE

EIN: 360896000

CHICAGO, IL

Total Revenue
$5,346,833
Total Expenses
$5,378,177
Total Assets
$3,764,811
Net Assets
$88,763
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1904
Legal Domicile
IL
Principal Officer
JOHN LAVIN
Phone
3124946700
Tax Period
2022-07-01 to 2023-06-30

CHICAGOLAND CHAMBER OF COMMERCE, founded in 1904, is a community nonprofit that reported $5.3M in total revenue in fiscal year 2022. Revenue decreased 6% compared to the prior year.

Mission

THE CHICAGOLAND CHAMBER OF COMMERCE COMBINES THE POWER OF PEOPLE, WITH OUR LEGACY OF LEADERSHIP AND BUSINESS ADVOCACY, TO DRIVE A DYNAMIC ECONOMY. WE FOCUS ON DELIVERING VALUE FOR OUR MEMBERS, MAKING CHICAGOLAND A WORLD-CLASS PLACE TO LIVE AND WORK.

Program Service Accomplishments

Program 1

TALENT PROGRAM: THIS PROGRAM PROVIDES GRANTS TO ILLINOIS-BASED COMPANIES TO IMPROVE OR UPGRADE THE SKILLS OF THEIR CURRENT WORKER EDUCATION, CULTIVATION OF NETWORKS, AND RESEARCH.

Program 2

MID MARKET CHICAGO: THIS PROGRAM PROVIDES EDUCATIONAL PROGRAMMING ON TOPICS AND TRENDS THAT ARE RELEVANT TO THIS SEGMENT, FOSTERS MEANINGFUL CONNECTIONS WITHIN THE MIDDLE MARKET AND HELPS MIDDLE...

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MID MARKET CHICAGO: THIS PROGRAM PROVIDES EDUCATIONAL PROGRAMMING ON TOPICS AND TRENDS THAT ARE RELEVANT TO THIS SEGMENT, FOSTERS MEANINGFUL CONNECTIONS WITHIN THE MIDDLE MARKET AND HELPS MIDDLE MARKET COMPANIES ATTRACT TALENT AND TRAIN/UPSKILL THEIR WORKERS.

Program 3

TECHNOLOGY COUNCIL: THIS PROGRAM FOCUSES ON EMERGING TECHNOLOGIES, HELPS COMPANIES PREPARE FOR DISRUPTIONS ACROSS BOTH TECH AND TRADITIONAL INDUSTRIES AND PROVIDES RESOURCES, KNOWLEDGE, AND BEST...

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TECHNOLOGY COUNCIL: THIS PROGRAM FOCUSES ON EMERGING TECHNOLOGIES, HELPS COMPANIES PREPARE FOR DISRUPTIONS ACROSS BOTH TECH AND TRADITIONAL INDUSTRIES AND PROVIDES RESOURCES, KNOWLEDGE, AND BEST PRACTICES TO HELP EVALUATE AND DEPLOY EMERGING TECHNOLOGIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,884,548
Program Service Revenue $2,490,848
Investment Income $9,652
Other Revenue $961,785
TOTAL REVENUE $5,346,833

Expense Breakdown

Grants Paid $1,418,086
Salaries & Benefits $2,467,470
Fundraising Expenses $0
Other Expenses $1,492,621
TOTAL EXPENSES $5,378,177

Year-over-Year Comparison

2022 2021 Change
Revenue $5,346,833 $5,698,733 -0.1%
Expenses $5,378,177 $5,401,618 0.0%
Net Income $-31,344 $297,115 -1.1%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
118
Independent Members
118
Employees
31
Volunteers
118

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
14
$399,222
Total Directors
118
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Lavin PRESIDENT & CEO 40.0
Officer
$382,658 $16,564 $399,222
Jan Kostner SR VP MEMBERSHIP & CORPORATE R 40.0
Highest
$146,522 $3,870 $150,392
Eva Paredes DIRECTOR, MEMBER ENGAGEMENT 40.0
Highest
$144,797 $4,928 $149,725
Marianne Floriano VP OF PROGRAMS 40.0
Highest
$135,539 $8,609 $144,148
Sara Barnett SR VP OF OPERATIONS 40.0
Highest
$133,734 $7,785 $141,519
Brad Tietz VP OF GOVERNMENT RELATIONS 40.0
Highest
$124,550 $1,248 $125,798
Adam Collins Vice Chair/Director 0.1
Officer Director
$0 $0 $0
Amirah Salaam Director 0.1
Director
$0 $0 $0
Amy Smith Director 0.1
Director
$0 $0 $0
Angie Daley Director 0.1
Director
$0 $0 $0
Anthony Reinhart Director 0.1
Director
$0 $0 $0
Ashish Bag Director 0.1
Director
$0 $0 $0
Ashley Rice Director 0.1
Director
$0 $0 $0
Ashli Nelson Director 0.1
Director
$0 $0 $0
Bea Billups Director 0.1
Director
$0 $0 $0
Benjamin Gibson Director 0.1
Director
$0 $0 $0
Brad Rachmiel Director 0.1
Director
$0 $0 $0
Brent Kent Director 0.1
Director
$0 $0 $0
Brian Greenblatt Vice Chair/Director 0.1
Officer Director
$0 $0 $0
Bryan Brown Director 0.1
Director
$0 $0 $0
Carmen Rossi Director 0.1
Director
$0 $0 $0
Charles Bachtell Director 0.1
Director
$0 $0 $0
Chet Riske Director 0.1
Director
$0 $0 $0
Chris Meister Director 0.1
Director
$0 $0 $0
Chris Sweetland Director 0.1
Director
$0 $0 $0
Claribel Quintana Director 0.1
Director
$0 $0 $0
Cornelius Griggs Vice Chair/Director 0.1
Officer Director
$0 $0 $0
Cristal Gary Director 0.1
Director
$0 $0 $0
Crystal Olsen Director 0.1
Director
$0 $0 $0
Damla Gerhart Director 0.1
Director
$0 $0 $0
Daniel Lynch Vice Chair/Director 0.1
Officer Director
$0 $0 $0
Daniel Woods Jr Director 0.1
Director
$0 $0 $0
Dave Harvey Director 0.1
Director
$0 $0 $0
Dave Tovar Director 0.1
Director
$0 $0 $0
David Brown Director 0.1
Director
$0 $0 $0
David Ritter Director 0.1
Director
$0 $0 $0
Deirdre Manna Director 0.1
Director
$0 $0 $0
Ed Weil Director 0.1
Director
$0 $0 $0
Edward Szofer Director 0.1
Director
$0 $0 $0
Eileen Mitchell Vice Chair/Director 0.1
Officer Director
$0 $0 $0
Erik Barefield Vice Chair/Director 0.1
Officer Director
$0 $0 $0
Greg Hughes Director 0.1
Director
$0 $0 $0
Gustavo Browne Director 0.1
Director
$0 $0 $0
Gustavo Samulewski Director 0.1
Director
$0 $0 $0
Heather Davis Director 0.1
Director
$0 $0 $0
James Inglis Director 0.1
Director
$0 $0 $0
James Terman Director 0.1
Director
$0 $0 $0
Jamie Ponce Director 0.1
Director
$0 $0 $0
Jay Stieber Director 0.1
Director
$0 $0 $0
Jim Carris Director 0.1
Director
$0 $0 $0
Jim Kirk Director 0.1
Director
$0 $0 $0
Joan Heggen-McMahon Director 0.1
Director
$0 $0 $0
Jodi Bednar Director 0.1
Director
$0 $0 $0
Joe Manna Director 0.1
Director
$0 $0 $0
John Idler Director 0.1
Director
$0 $0 $0
John O'Connor Director 0.1
Director
$0 $0 $0
John Sassaris Director 0.1
Director
$0 $0 $0
Jonathan Chowansky Director 0.1
Director
$0 $0 $0
Joseph Seliga Director 0.1
Director
$0 $0 $0
Joshua Beer Director 0.1
Director
$0 $0 $0
Judy Martinez-Faye Vice Chair/Director 0.1
Officer Director
$0 $0 $0
Katie Meares Director 0.1
Director
$0 $0 $0
Keith Horton Director 0.1
Director
$0 $0 $0
Ken Christensen Director 0.1
Director
$0 $0 $0
Kevin Cassidy Chair/Director 0.1
Officer Director
$0 $0 $0
Kevin Cook Director 0.1
Director
$0 $0 $0
Kevin Johnson Secretary/Director 0.1
Officer Director
$0 $0 $0
Kim Morreale Mcauliffe Director 0.1
Director
$0 $0 $0
Kristi Lafleur Director 0.1
Director
$0 $0 $0
Kristie Paskvan Director 0.1
Director
$0 $0 $0
Kristin Atlas Director 0.1
Director
$0 $0 $0
Kurt Anderson Director 0.1
Director
$0 $0 $0
Lars Heemskerk Director 0.1
Director
$0 $0 $0
Lawrence Eppley Director 0.1
Director
$0 $0 $0
Lindsey Douglas Director 0.1
Director
$0 $0 $0
Luz del Carmen Najera Director 0.1
Director
$0 $0 $0
Malik Murray Director 0.1
Director
$0 $0 $0
Marci LoGiudice Director 0.1
Director
$0 $0 $0
Marie Miranda Director 0.1
Director
$0 $0 $0
Marilynn Gardner Director 0.1
Director
$0 $0 $0
Mark Sullivan Director 0.1
Director
$0 $0 $0
Matt Sarosy Director 0.1
Director
$0 $0 $0
Matthew Conway Director 0.1
Director
$0 $0 $0
Matthew Serafin Director 0.1
Director
$0 $0 $0
Matthew Summy Director 0.1
Director
$0 $0 $0
Michael Deyle Director 0.1
Director
$0 $0 $0
Michael Jamieson Treasurer/Director 0.1
Officer Director
$0 $0 $0
Michael O'Rourke Director 0.1
Director
$0 $0 $0
Molly Hart Director 0.1
Director
$0 $0 $0
Monica Mueller Director 0.1
Director
$0 $0 $0
Mudessir Mohammed Director 0.1
Director
$0 $0 $0
Neetika Singh Director 0.1
Director
$0 $0 $0
Nia Mathis Director 0.1
Director
$0 $0 $0
Otto Nichols Director 0.1
Director
$0 $0 $0
Patrice DeCorrevont Director 0.1
Director
$0 $0 $0
Patricia Brown Holmes Director 0.1
Director
$0 $0 $0
Patrick Cermak Director 0.1
Director
$0 $0 $0
Patrick Donelly Director 0.1
Director
$0 $0 $0
Phil Cochrane Director 0.1
Director
$0 $0 $0
Praj Shah Director 0.1
Director
$0 $0 $0
Renee Morales Director 0.1
Director
$0 $0 $0
Rich Ashlin Director 0.1
Director
$0 $0 $0
Richard Bodnum Director 0.1
Director
$0 $0 $0
Rob Biederman Director 0.1
Director
$0 $0 $0
Robert Blackwell Director 0.1
Director
$0 $0 $0
Robert Wislow Director 0.1
Director
$0 $0 $0
Sara DeCoste Director 0.1
Director
$0 $0 $0
Sarah Glavin Director 0.1
Director
$0 $0 $0
Scott Ziomek Director 0.1
Director
$0 $0 $0
Shane Print Director 0.1
Director
$0 $0 $0
Sharon Johnson Director 0.1
Director
$0 $0 $0
Stephen Ferrara Vice Chair/Director 0.1
Officer Director
$0 $0 $0
Stephen Johnson Vice Chair/Director 0.1
Officer Director
$0 $0 $0
Stephen Schwab Director 0.1
Director
$0 $0 $0
Steve Fansler Director 0.1
Director
$0 $0 $0
Susana Meza Director 0.1
Director
$0 $0 $0
Ted Phillips Director 0.1
Director
$0 $0 $0
Thomas Walker Jr Director 0.1
Director
$0 $0 $0
Todd Ahsmann Director 0.1
Director
$0 $0 $0
Todd Hughes Director 0.1
Director
$0 $0 $0
Tom Finnegan Director 0.1
Director
$0 $0 $0
Tom Kunst Director 0.1
Director
$0 $0 $0
Tom Ricketts Director 0.1
Director
$0 $0 $0
Torrence Hinton Vice Chair/Director 0.1
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $5,346,833 $5,378,177 $3,764,811 $-31,344
2022 $5,698,733 $5,401,618 $3,525,349 $297,115
2021 $4,082,030 $3,423,189 $2,944,865 $658,841
2020 $4,657,176 $4,337,122 $1,717,293 $320,054
2019 $3,703,318 $3,773,588 $1,460,416 $-70,270
2018 $3,045,570 $3,256,837 $1,354,239 $-211,267
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