STREATOR AREA CHAMBER OF COMMERCE

EIN: 362129588

STREATOR, IL

Total Revenue
$122,869
Total Expenses
$97,821
Total Assets
$1,104,644
Net Assets
$1,102,530
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
IL
Principal Officer
PETE HONIOTES
Phone
8156722921
Tax Period
2023-01-01 to 2023-12-31

STREATOR AREA CHAMBER OF COMMERCE, founded in 1948, is a small nonprofit that reported $123K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $25K, a strong 20% operating margin.

Mission

TO PROVIDE VALUE TO OUR MEMBERS THROUGH ADVOCACY, LEADERSHIP AND SERVICE BY ENHANCING THE ECONOMIC CLIMATE OF OUR BUSINESS COMMUNITY.

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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 $1,336
Program Service Revenue $90,574
Investment Income $17,517
Other Revenue $13,442
TOTAL REVENUE $122,869

Expense Breakdown

Grants Paid $0
Salaries & Benefits $50,173
Fundraising Expenses $0
Other Expenses $47,648
TOTAL EXPENSES $97,821

Year-over-Year Comparison

2023 2022 Change
Revenue $122,869 $106,562 +0.2%
Expenses $97,821 $106,125 -0.1%
Net Income $25,048 $437 +56.3%
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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Governance

Voting Members
15
Independent Members
15
Employees
3
Volunteers
N/A

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
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENNIS HATZER DIRECTOR N/A
Director
$0 $0 $0
BEN HILTABRAND DIRECTOR N/A
Director
$0 $0 $0
KAREN KARPATI DIRECTOR N/A
Director
$0 $0 $0
KATIE MUNTZ DIRECTOR N/A
Director
$0 $0 $0
BETH PALM DIRECTOR N/A
Director
$0 $0 $0
DAVE PLYMAN DIRECTOR N/A
Director
$0 $0 $0
JENNIFER BUNKER SKERSTON DIRECTOR N/A
Director
$0 $0 $0
LORI SNELL DIRECTOR N/A
Director
$0 $0 $0
EVERETT SOLON DIRECTOR N/A
Director
$0 $0 $0
DANA STILLWELL DIRECTOR N/A
Director
$0 $0 $0
JANETTE STRABALA DIRECTOR N/A
Director
$0 $0 $0
BRANDON URBANCE DIRECTOR N/A
Officer Director
$0 $0 $0
PETE HONIOTES PRESIDENT N/A
Officer
$0 $0 $0
RYAN MCGUCKIN VICE PRESIDE N/A
Officer
$0 $0 $0
THERESA MUNTZ TREASURER N/A
Officer
$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 $122,869 $97,821 $1,104,644 $25,048
2022 $106,562 $106,125 $1,079,523 $437
2021 $117,600 $105,593 $1,086,890 $12,007
2020 $147,445 $113,230 $1,096,766 $34,215
2019 $469,549 $106,539 $1,027,457 $363,010
2018 $124,152 $116,152 $668,871 $8,000
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