THE WICKER PARK & BUCKTOWN CHAMBER OF COMMERCE

EIN: 363529504

CHICAGO, IL

Total Revenue
$540,678
Total Expenses
$610,777
Total Assets
$308,294
Net Assets
$298,307
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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
1987
Legal Domicile
IL
Principal Officer
PAMELA MAASS
Phone
7733842672
Tax Period
2024-01-01 to 2024-12-31

THE WICKER PARK & BUCKTOWN CHAMBER OF COMMERCE, founded in 1987, is a small nonprofit that reported $541K in total revenue in fiscal year 2024. Expenses of $611K exceeded revenue, resulting in a 13% operating deficit.

Mission

CHAMBER OF COMMERCE PROVIDING TECHNICAL ASSISTANCE TO NEIGHBORHOOD BUSINESSES AND COMMUNITY AT LARGE.

Program Service Accomplishments

Program 1

WICKER PARK FEST

Program 2

PROVIDED TECHNICAL ASSISTANCE TO BUSINESSES AND COMMUNITY.

Program 3

PROVIDED OTHER MINOR PROGRAMS, HOLIDAY PROMOTION, DINNER CRAWL, SPONSORSHIPS AND ADVERTISING.

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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 $88,079
Program Service Revenue $412,259
Investment Income $1,561
Other Revenue $38,779
TOTAL REVENUE $540,678

Expense Breakdown

Grants Paid $0
Salaries & Benefits $354,996
Fundraising Expenses $0
Other Expenses $255,781
TOTAL EXPENSES $610,777

Year-over-Year Comparison

2024 2023 Change
Revenue $540,678 $532,318 +0.0%
Expenses $610,777 $546,246 +0.1%
Net Income $-70,099 $-13,928 +4.0%
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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Governance

Voting Members
17
Independent Members
17
Employees
6
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
4
$0
Total Directors
17
$104,237
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAMELA MAASS EXECUTIVE DIRECTOR 40.00
Director
$104,237 $0 $104,237
MAREN ROSENBERG PRESIDENT 3.00
Officer Director
$0 $0 $0
ANDREW BALDERSON TREASURER 3.00
Officer Director
$0 $0 $0
TOM LUPA VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
CASSIE DICKSON SECRETARY 3.00
Officer Director
$0 $0 $0
EMMA BUTLER DIRECTOR 0.50
Director
$0 $0 $0
CELIA CHAVEZ DIRECTOR 0.50
Director
$0 $0 $0
KATIE CARLIN DIRECTOR 0.50
Director
$0 $0 $0
CATHERINE CREWS DIRECTOR 0.50
Director
$0 $0 $0
NINA D'ANGIER DIRECTOR 0.50
Director
$0 $0 $0
COLBY GANZ DIRECTOR 0.50
Director
$0 $0 $0
EMILY GLOEKLER DIRECTOR 0.50
Director
$0 $0 $0
MARK HINRICHS DIRECTOR 0.50
Director
$0 $0 $0
ELI MANCHA DIRECTOR 0.50
Director
$0 $0 $0
JOSH RUTHERFORD DIRECTOR 0.50
Director
$0 $0 $0
JON SIMON DIRECTOR 0.50
Director
$0 $0 $0
JACLYN WAGNER DIRECTOR 0.50
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 $540,678 $610,777 $308,294 $-70,099
2023 $532,318 $546,246 $398,302 $-13,928
2022 $522,126 $502,329 $428,955 $19,797
2021 $691,282 $404,176 $408,031 $287,106
2020 $430,489 $467,947 $94,176 $-37,458
2019 $476,961 $521,393 $161,657 $-44,432
2018 $210,861 $246,595 $178,580 $-35,734
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