Niles Chamber Of Commerce

EIN: 363100434

Niles, IL

Total Revenue
$236,007
Total Expenses
$234,109
Total Assets
$214,649
Net Assets
$212,780
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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
1971
Legal Domicile
IL
Phone
8472688180
Tax Period
2024-01-01 to 2024-12-31

Niles Chamber Of Commerce, founded in 1971, is a small nonprofit that reported $236K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

Promote the Village of Niles

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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 (2024)

Revenue Breakdown

Contributions & Grants $163,430
Program Service Revenue $0
Investment Income $1,627
Other Revenue $70,950
TOTAL REVENUE $236,007

Expense Breakdown

Grants Paid $0
Salaries & Benefits $148,060
Fundraising Expenses $0
Other Expenses $86,049
TOTAL EXPENSES $234,109

Year-over-Year Comparison

2024 2023 Change
Revenue $236,007 $197,845 +0.2%
Expenses $234,109 $178,579 +0.3%
Net Income $1,898 $19,266 -0.9%
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
13
Independent Members
13
Employees
3
Volunteers
50

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
1
$80,422
Key Employees
2
$56,677
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Erin Moy Doerr 40.00
Key Emp
$34,862 $0 $34,862
Nageen Nasir 1.00
Key Emp
$21,815 $0 $21,815
Tracy Holmes 40.00
Director
$80,422 $0 $80,422
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 $236,007 $234,109 $214,649 $1,898
2023 $197,845 $178,579 $216,429 $19,266
2022 $134,683 $161,642 $231,652 $-26,959
2021 $301,400 $212,055 $248,260 $89,345
2020 $198,586 $192,099 $167,147 $6,487
2019 $216,622 $221,597 $110,218 $-4,975
2018 $170,757 $168,103 $128,884 $2,654
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