NAPERVILLE AREA CHAMBER OF COMMERCE

EIN: 362481341

NAPERVILLE, IL

Total Revenue
$1,334,255
Total Expenses
$1,050,759
Total Assets
$1,148,796
Net Assets
$541,725
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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
1913
Legal Domicile
IL
Principal Officer
KAYLIN RISVOLD
Phone
6303554141
Tax Period
2022-07-01 to 2023-06-30

NAPERVILLE AREA CHAMBER OF COMMERCE, founded in 1913, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2022. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $283K, a strong 21% operating margin.

Mission

NAPERVILLE AREA CHAMBER OF COMMERCE ("NACC") BEGAN OPERATIONS IN 1913 AND IS INCORPORATED UNDER THE GENERAL NOT-FOR-PROFIT CORPORATION ACT OF THE STATE OF ILLINOIS. THE NAPERVILLE AREA CHAMBER OF COMMERCE HAS ONE GOAL AND THAT IS TO MOVE BUSINESS FORWARD TOWARD AN ENGAGED, THRIVING COMMUNITY BY BEING YOUR ADVOCATE AND YOUR RESOURCE FOR OUR 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 (2022)

Revenue Breakdown

Contributions & Grants $826,116
Program Service Revenue $495,559
Investment Income $10,303
Other Revenue $2,277
TOTAL REVENUE $1,334,255

Expense Breakdown

Grants Paid $0
Salaries & Benefits $576,814
Fundraising Expenses $0
Other Expenses $473,945
TOTAL EXPENSES $1,050,759

Year-over-Year Comparison

2022 2021 Change
Revenue $1,334,255 $1,032,806 +0.3%
Expenses $1,050,759 $1,135,719 -0.1%
Net Income $283,496 $-102,913 -3.8%
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
26
Independent Members
26
Employees
16
Volunteers
100

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
0
$0
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAFEEK ABUBAKER DIRECTOR 1.00
Director
$0 $0 $0
NATE ALBERTY DIRECTOR 1.00
Director
$0 $0 $0
ADRIAN ALDRICH DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL BLANTON DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINA CATON KITCHEL DIRECTOR 1.00
Director
$0 $0 $0
GABRIEL CHAVEZ DIRECTOR 1.00
Director
$0 $0 $0
SHARMILA FOWLER DIRECTOR 1.00
Director
$0 $0 $0
IAN HOLZHAUER DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE JEFFRIES DIRECTOR 1.00
Director
$0 $0 $0
ANITA KNOTTS DIRECTOR 1.00
Director
$0 $0 $0
SEAN LAFORTUNE DIRECTOR 1.00
Director
$0 $0 $0
DEREK MCDANIEL DIRECTOR 1.00
Director
$0 $0 $0
RYAN MCINTYRE DIRECTOR 1.00
Director
$0 $0 $0
DAVE MILLER DIRECTOR 1.00
Director
$0 $0 $0
JASON NAGLE DIRECTOR 1.00
Director
$0 $0 $0
YVETTE SABA DIRECTOR 1.00
Director
$0 $0 $0
LEAH SETZEN DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY SHI DIRECTOR 1.00
Director
$0 $0 $0
HEATHER STREET DIRECTOR 1.00
Director
$0 $0 $0
MAUREEN STROBL DIRECTOR 1.00
Director
$0 $0 $0
DAVE SURINA DIRECTOR 1.00
Director
$0 $0 $0
ADREANNE TESENE DIRECTOR 1.00
Director
$0 $0 $0
KAREN WELLS DIRECTOR 1.00
Director
$0 $0 $0
KRISTIN WHITTLE DIRECTOR 1.00
Director
$0 $0 $0
MARK WILLIS DIRECTOR 1.00
Director
$0 $0 $0
KATIE WOOD DIRECTOR 1.00
Director
$0 $0 $0
KAYLIN RISVOLD PRESIDENT & CEO 40.00
Highest
$120,534 $0 $120,534
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 $1,334,255 $1,050,759 $1,148,796 $283,496
2023 $588,109 $583,967 $1,134,216 $4,142
2022 $1,032,806 $1,135,719 $555,458 $-102,913
2021 $964,430 $975,933 $703,623 $-11,503
2020 $1,401,971 $1,299,365 $897,333 $102,606
2019 $1,557,254 $1,477,471 $937,038 $79,783
2018 $1,800,237 $1,575,568 $883,826 $224,669
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