PARK RIDGE CHAMBER OF COMMERCE Charity Report

Public IRS 990 nonprofit record

PARK RIDGE CHAMBER OF COMMERCE

EIN 36-2055331 · Homeowners & Tenants Associations (L50)

What they do

1) to ADVANCE THE ECONOMIC, INDUSTRIAL, PROFESSIONAL, CULTURAL and CIVIC WELFARE of THE PARK RIDGE AREA2) to COORDINATE THE EFFORTS of THE COMMERCE, INDUSTRY and THE PROFESSIONS IN MAINTAINING and STRENGTHENING A SOUND and HEALTHY BUSINESS CLIMATE IN THE PARK RIDGE AREA.3) to SPONSOR AGGRESSIVE PROGRAMS of WORK and STIMULATING ACTIVITIES THAT WILL PROVIDE for FULL DEVELOPMENT and EMPLOYMENT of OUR HUMAN and ECONOMIC RESOURCES 4) to PROVIDE and COORDINATE CREATIVE VOLUNTARY LEADERSHIP FROM COMMERCE, INDUSTRY, SERVICE PROFESSIONALS and ALL INTERESTED PARTIES to SOLVE COMMUNITY PROBLEMS and to INITIATE CONSTRUCTIVE ACTION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $0.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2022The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$150.20spent for every $100 of revenueSpending was higher than revenue this year.

65.60%of revenue went to management and office costs70.0% of expenses

$0.48in assets for every $1 spent this yearSome assets cannot be spent right away.

88.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $66,092 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $100,000 for JACQUELINE MATHEWS (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2022

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$206,828

Mission workProgram services0.00% of revenue0.0% of expenses

ManagementOffice and general costs$135,67165.60% of revenue70.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$13,0136.29% of revenueShown in gray on the chart

Total expenses$193,81593.71% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2019CurrentExpense mix: 0.0% mission · 70.0% management · 0.0% fundraisingTotal expenses: 93.71% of revenue

2018Expense mix: 0.0% mission · 68.4% management · 0.0% fundraisingTotal expenses: 85.82% of revenue

2017Expense mix: 0.0% mission · 68.4% management · 0.0% fundraisingTotal expenses: 90.71% of revenue

2016Expense mix: 0.0% mission · 68.2% management · 0.0% fundraisingTotal expenses: 101.36% of revenue

Money in and money out

Revenue$131,664

Expenses$197,756

Annual shortfall $66,092 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Management and office costs$135,671 · 68.6% of expenses

See all reported dollar amounts

Revenue$131,664

Expenses$197,756

Assets$95,689

Income$163,670

Contributions$116,478

People

Leadership and board

Tax year 2022

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JACQUELINE MATHEWSEXECUTIVE DIRECTOR · 40 hrs/week $100,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (10)

JACQUELINE MATHEWSEXECUTIVE DIRECTOR

ANN SCALLONDIRECTOR

ANN WITEKDIRECTOR

ANNA WASYLIWTREASURER

DEAN PATRASDIRECTOR

JOHN MCNABOLADIRECTOR

MARKO RATICPRESIDENT

MATT COYNEDIRECTOR

PAUL SWANSONDIRECTOR

STEVE JUDGEDIRECTOR

About this charity

Recognized since: January 1966
Location: 310 BUSSE HWY PMB 310, PARK RIDGE, IL 60068-3251
County: Cook
In care of: JACQUELINE MATHEWS
Primary officer: JACQUELINE MATHEWS, SECRETARY

How to reach them

Phone(847) 825-3121

Filing and classification

Latest tax year: 2022
Tax period began: January 1, 2022
Return type: 990EZ
Tax preparer: LOGISTIKA SOLUTIONS CORP
NTEE classification: Homeowners & Tenants Associations (L50)
IRS tax category: Homeowners & Tenants Associations