GLADSTONE PARK CHAMBER OF COMMERCE

EIN: 363746583

CHICAGO, IL

Total Revenue
$270,588
Total Expenses
$287,881
Total Assets
$25,044
Net Assets
$25,044
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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
1990
Legal Domicile
IL
Phone
7737758871
Tax Period
2024-01-01 to 2024-12-31

GLADSTONE PARK CHAMBER OF COMMERCE, founded in 1990, is a small nonprofit that reported $271K in total revenue in fiscal year 2024.

Mission

TO PROMOTE THE CIVIC, ECONOMIC AND SOCIAL WELFARE OF THE RESIDENTIAL AND 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 (2024)

Revenue Breakdown

Contributions & Grants $270,588
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $270,588

Expense Breakdown

Grants Paid $0
Salaries & Benefits $43,345
Fundraising Expenses $0
Program Expenses $277,905
Other Expenses $244,536
TOTAL EXPENSES $287,881

Year-over-Year Comparison

2024 2023 Change
Revenue $270,588 $277,211 0.0%
Expenses $287,881 $244,782 +0.2%
Net Income $-17,293 $32,429 -1.5%
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
12
Independent Members
12
Employees
1
Volunteers
12

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAN CIOLINO PRESIDENT 2.00
Officer
$0 $0 $0
DANIEL GIBBONS TREASURER 2.00
Officer
$0 $0 $0
JAIME MORALES VICE PRESIDENT 2.00
Officer
$0 $0 $0
BRIAN NADIG SECRETARY 2.00
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 $270,588 $287,881 $25,044 $-17,293
2023 $277,211 $244,782 $42,337 $32,429
2022 $295,899 $327,436 $9,908 $-31,537
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