CENTRAL ILLINOIS CHAMBER OF COMMER… - Form 990 Financial Data

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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

1903

Legal Domicile

Principal Officer

JULIE LAMB

Phone

2174222200

Tax Period

2024-07-01 to 2025-06-30

CENTRAL ILLINOIS CHAMBER OF COMMERCE, founded in 1903, is a small nonprofit that reported $734K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $653K left a modest 11% surplus.

Mission

TO ATTRACT NEW BUSINESSES AND RETAIN EXISTING BUSINESSES IN THE DECATUR AREA. ACTIVITIES CONDUCTED TO DRAW INDIVIDUALS FROM SURROUNDING AREAS TO REFLECT A POSITIVE OUTLOOK AND REPUTATION OF DECATUR.

Program Service Accomplishments

Program 1

THE DECATUR REGIONAL CHAMBER OF COMMERCE (DRCC) WAS CHARTERED ON JULY 3, 1903, BUT TRACES ITS ROOTS BACK TO THE 1887 FORMATION OF THE DECATUR BOARD OF TRADE. THE DRCC IS RECOGNIZED AS THE SECOND...

THE DECATUR REGIONAL CHAMBER OF COMMERCE (DRCC) WAS CHARTERED ON JULY 3, 1903, BUT TRACES ITS ROOTS BACK TO THE 1887 FORMATION OF THE DECATUR BOARD OF TRADE. THE DRCC IS RECOGNIZED AS THE SECOND OLDEST CHAMBER OF COMMERCE IN THE STATE OF ILLINOIS AND CELEBRATED ITS 130TH ANNIVERSARY IN 2017. THE CHAMBER'S MISSION IS TO BE A PRO-BUSINESS NETWORK PROVIDING SERVICE, POLITICAL ADVOCACY AND LEADERSHIP TO STRENGTHEN EDUCATION, COMMUNITY IMAGE, AND LOCAL BUSINESSES. THE DECATUR REGIONAL CHAMBER OF COMMERCE IS THE VOICE OF BUSINESS PROMOTING OPPORTUNITY, GROWTH AND PROSPERITY IN LOCAL COMMERCE. DRCC CARRIED ON THE FOLLOWING ACTIVITES: METRO MONEY, AG CAFE, ENERGY PROGRAM, BUSINESS AFTER HOURS, THE DECATUR LEADERSHIP INSTITUTE, AND VARIOUS OTHER EVENTS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $343,590

Program Service Revenue $364,286

Investment Income $26,610

Other Revenue $0

TOTAL REVENUE $734,486

Expense Breakdown

Grants Paid $0

Salaries & Benefits $358,173

Fundraising Expenses $0

Other Expenses $295,000

TOTAL EXPENSES $653,173

Year-over-Year Comparison

	2024	2023	Change
Revenue	$734,486	$663,006	+0.1%
Expenses	$653,173	$753,112	-0.1%
Net Income	$81,313	$-90,106	-1.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

174

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT BEAVERS	DIRECTOR	N/A	Director	$0	$0	$0
TOM BRINKOETTER	DIRECTOR/PAS	N/A	Director	$0	$0	$0
STEPHANIE BROWN	DIRECTOR	N/A	Director	$0	$0	$0
JARED COLLIER	DIRECTOR	N/A	Director	$0	$0	$0
DREW EARLY	DIRECTOR	N/A	Director	$0	$0	$0
MATT FAIRCHILD	SECRETARY/TR	N/A	Director	$0	$0	$0
LORI HUDDLESTON	DIRECTOR	N/A	Director	$0	$0	$0
DAVID KOSHINSKI	DIRECTOR/VIC	N/A	Officer Director	$0	$0	$0
JULIE LAMB	DIRECTOR/BOA	N/A	Officer Director	$0	$0	$0
DR TIMOTHY LAYMAN	DIRECTOR	N/A	Director	$0	$0	$0
MOLLY MAJOR	DIRECTOR/CAT	N/A	Director	$0	$0	$0
FAIQ MIHLAR	DIRECTOR	N/A	Director	$0	$0	$0
ZACH MURPHY	DIRECTOR	N/A	Director	$0	$0	$0
DAN REYNOLDS	DIRECTOR	N/A	Director	$0	$0	$0
DR CRIS VALDEZ	DIRECTOR	N/A	Director	$0	$0	$0
JOHN WEST	DIRECTOR	N/A	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
2025	$734,486	$653,173	$1,240,709	$81,313
2024	$663,006	$753,112	$1,165,859	$-90,106
2023	$675,654	$668,867	$951,781	$6,787
2022	$813,368	$684,573	$908,311	$128,795
2021	$750,530	$639,714	$985,398	$110,816
2020	$573,594	$590,417	$723,259	$-16,823
2018	$665,408	$637,644	$652,080	$27,764

CENTRAL ILLINOIS CHAMBER OF COMMERCE