West Suburban Chamber of Commerce and Industry

EIN: 361355054

La Grange, IL

Total Revenue
$219,484
Total Expenses
$219,173
Total Assets
$77,687
Net Assets
$77,057
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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
1909
Legal Domicile
IL
Principal Officer
Kathleen Russell
Phone
7083877550
Tax Period
2023-01-01 to 2023-12-31

West Suburban Chamber of Commerce and Industry, founded in 1909, is a small nonprofit that reported $219K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

The West Suburban Chamber of Commerce and Industry is a member organization serving communities located in the west suburbs of Chicago. We provide leadership, information, events, workshops and opportunities for networking and relationship building.

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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 (2023)

Revenue Breakdown

Contributions & Grants $123,789
Program Service Revenue $95,695
Investment Income $0
Other Revenue $0
TOTAL REVENUE $219,484

Expense Breakdown

Grants Paid $0
Salaries & Benefits $153,277
Fundraising Expenses $0
Other Expenses $65,896
TOTAL EXPENSES $219,173

Year-over-Year Comparison

2023 2022 Change
Revenue $219,484 $195,106 +0.1%
Expenses $219,173 $224,729 0.0%
Net Income $311 $-29,623 -1.0%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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
14
Independent Members
14
Employees
2
Volunteers
35

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
4
$0
Total Directors
11
$0
Key Employees
1
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathleen Russell President & CEO 40.00
Key Emp Highest
$0 $0 $0
Scott Stephens Chair 5.00
Officer Director
$0 $0 $0
Michael Samars Director 5.00
Officer Director
$0 $0 $0
Brian Eagan Chair - Finance 5.00
Officer Director
$0 $0 $0
Amy Grace Director 5.00
Officer Director
$0 $0 $0
Jay Biere Director 5.00
Director
$0 $0 $0
Scott Eggerding Director 5.00
Director
$0 $0 $0
Becca Merchant Director 5.00
Director
$0 $0 $0
Coya Smith Director 5.00
Director
$0 $0 $0
Adam Maycock Director 5.00
Director
$0 $0 $0
Hasan Samra Director 5.00
Director
$0 $0 $0
Brian Kelly Director 5.00
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
2024 No data No data No data No data
2023 $219,484 $219,173 $77,687 $311
2022 $195,106 $224,729 $76,875 $-29,623
2021 $203,446 $191,712 $135,715 $11,734
2020 $199,635 $188,830 $100,234 $10,805
2019 $239,425 $211,907 $89,244 $27,518
2018 $247,427 $198,737 $73,032 $48,690
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