CSCharityScored
52

Elgin Area Chamber Of Commerce

Community Development · Elgin, Illinois

31 S Grove Ave, Elgin, IL 60120-6403

EIN: 361035380· Founded: Sep 1938· 88 years active· Filing Year: 2023

Annual Revenue

$790K

Total Expenses

$726K

Total Assets

$851K

Program Spending

59%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$301K

41.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$180K

Total Payroll

$480K

66% of total expenses

Where the Money Goes

59%
Programs: 59%
Payroll: 66%
Other overhead: 41%
Program Revenue$427K (54%)
Total Expenses$726K (92%)
Payroll$480K (66%)
Overhead (non-program)41%

Trust Score Breakdown

Program Spending Ratio

59% of expenses go to programs

40%

Revenue & Stability

$790K annual revenue

15%

Executive Compensation

$301K total officer comp (41.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$851K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.