Overview
What is Commercial Law League Of America?
The Commercial Law League of America is a nonprofit organization situated in Rolling Meadows, Illinois. With nearly 700 members, its mission is to foster legal, educational, and professional excellence in commercial law, creditor's rights, bankruptcy, and insolvency. The organization works diligently to promote uniformity in legislation related to commercial law, enhance industry standards, and uphold ethical conduct among its members and the broader legal community. The Commercial Law League of America provides legal, educational, and professional services to support businesses and credit communities, aiming to elevate the practice of commercial law and maintain high ethical standards within the profession.
Official website here: www.clla.org
Is Commercial Law League Of America legitimate?
Commercial Law League Of America is a legitimate nonprofit organization registered as a 501(c)(6) entity. Commercial Law League Of America submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.clla.org
What is the mission statement of Commercial Law League Of America?
The Commercial Law League of America's mission is centered around providing legal, educational, and professional services to the business and credit communities. Their primary goal is to advocate for uniformity in commercial law legislation. They strive to elevate the standards and enhance the practice of commercial law, aiming to improve conduct within the profession as a whole. The organization encourages high ethical standards among its members and the profession at large. Their membership and marketing efforts are dedicated to promoting legal, educational, and professional excellence in commercial law, creditor's rights, bankruptcy, and insolvency, supporting nearly 700 members.
Official website here: www.clla.org
Who is the CEO of Commercial Law League Of America?
Phillip J Lattanzio is the Immediate Past President of Commercial Law League Of America.
Official website here: www.clla.org
What is the revenue of Commercial Law League Of America?
Commercial Law League Of America's revenue in 2023 was $606,545.
Official website here: www.clla.org
Who are the executives of Commercial Law League Of America and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.clla.org
Where can I find the form 990 for Commercial Law League Of America?
Commercial Law League Of America's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.clla.org
Learn more at the official website: www.clla.org
Mission Statement of Commercial Law League Of America
The Commercial Law League of America is dedicated to offering legal, educational, and professional services to the business and credit communities. Its mission is multifaceted, encompassing three key objectives. Firstly, the organization works towards promoting uniformity in legislation related to commercial law, aiming to create a consistent legal landscape that benefits businesses nationwide. Secondly, the Commercial Law League of America strives to elevate the standards and improve the practice of commercial law, ensuring that its members and the profession as a whole adhere to the highest ethical standards. Lastly, the league encourages professional excellence in areas such as creditor's rights, bankruptcy, and insolvency, thereby supporting its nearly 700 members in their professional endeavors.
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Impact
October, 2024
The Commercial Law League of America significantly influences the business and credit communities by providing essential legal, educational, and professional services. It promotes marketing and membership initiatives that foster legal, educational, and professional excellence in critical areas such as commercial law, creditor's rights, bankruptcy, and insolvency.
By supporting nearly 700 members, the League enhances the overall standards and practices within commercial law, encouraging uniformity in legislation that affects this field. Its commitment to elevating the profession is evident through its efforts to promote ethical conduct and best practices among its members and the broader legal community. This impact not only benefits individual practitioners but also strengthens the integrity and efficiency of the legal system in commercial contexts.
This information is meant to be a general summary of Commercial Law League Of America. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $3,947
- Program Service Revenue: $592,704
- Gross Receipts: $611,502
Assets and Liabilities:
- Total Assets: $675,777
- Total Liabilities: $326,493
- Net Assets: $349,284
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSE
Revenue
$281,630
MEETINGS & EDUCATION
Revenue
$277,638
CERTIFICATION INCOME
Revenue
$23,613
PUBLICATIONS
Revenue
$9,823
Organization Details
Founding Year
1895
Phone
(847) 483-6405Principal Officer
Phillip J Lattanzio
Main Address
3005 TOLLVIEW DRIVE, ROLLING MEADOWS, IL, 60008
Website
www.clla.orgNTEE Category
Code: S41 - Community improvement
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