Overview
What is Illinois Chamber Of Commerce?
The Illinois Chamber of Commerce, situated in Springfield, Illinois, serves as a significant advocate for businesses within the state. As the unifying force behind policies that foster growth in Illinois' diverse and dynamic economy, they actively advocate for business interests, aiming to create a prosperous future for the region. The Chamber's primary role in business advocacy, known as Government Affairs, has prevented harmful legislation from passing and lessened the impact of others, ultimately safeguarding the cost of doing business in Illinois. With a dedicated workforce of 21 individuals, the Illinois Chamber of Commerce is an essential player in shaping a favorable business climate within the state.
Official website here: www.ilchamber.org
Is Illinois Chamber Of Commerce legitimate?
Illinois Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Illinois Chamber Of Commerce 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $355,194
Professional Fundraising Fees: $0
Other Salaries and Wages: $889,751
For more financial information, click here
Official website here: www.ilchamber.org
What is the mission statement of Illinois Chamber Of Commerce?
The Illinois Chamber of Commerce serves as the unifying force behind policies that foster growth in Illinois' dynamic and diverse economy. They achieve this objective through various means, one of which involves actively advocating for the interests of businesses. The organization's vision is to envision a vibrant and prosperous future for Illinois.
The chamber's largest program is business advocacy, which is institutionalized under the title of Government Affairs. Through the Government Affairs Committee and legislative staff, the chamber has successfully prevented certain legislation from passing that could negatively impact the cost of doing business in Illinois. Moreover, the chamber has lessened the impact, initially intended by some legislators, of certain legislation on businesses. Lastly, the chamber proactively initiates and supports legislation to enhance the business climate in Illinois.
Official website here: www.ilchamber.org
Who is the CEO of Illinois Chamber Of Commerce?
Todd Maisch is the Chairman of Illinois Chamber Of Commerce.
Official website here: www.ilchamber.org
What is the revenue of Illinois Chamber Of Commerce?
Illinois Chamber Of Commerce's revenue in 2022 was $2,287,220.
Official website here: www.ilchamber.org
Who are the executives of Illinois Chamber Of Commerce and what are their salaries?
The average compensation at Illinois Chamber Of Commerce during 2022 was $59,283. There are 21 employees and 71 volunteers at Illinois Chamber Of Commerce.
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Official website here: www.ilchamber.org
Where can I find the form 990 for Illinois Chamber Of Commerce?
Illinois Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ilchamber.org
Learn more at the official website: www.ilchamber.org
Mission Statement of Illinois Chamber Of Commerce
The Illinois Chamber of Commerce serves as a unifying force in advocating for policies that foster growth in Illinois' dynamic and diverse economy. Their mission is to actively advocate for the interests of businesses, with the ultimate goal of contributing to a vibrant and prosperous future for the state. The Chamber's activities are multifaceted, encompassing various methods to promote economic growth. One of their significant initiatives is business advocacy, which is overseen by their Government Affairs committee and legislative staff. Through these channels, the Illinois Chamber of Commerce has successfully prevented harmful legislation from being enacted, reducing the negative impact on the cost of doing business in Illinois. Additionally, they have mitigated the effects of proposed legislation that would negatively impact businesses, and they initiate and support legislation designed to enhance the business climate in the state.
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Impact
October, 2024
The Illinois Chamber of Commerce plays a crucial role in shaping the business landscape and fostering economic growth within the state. As a unifying leader, it advocates for policies that support a dynamic and diverse economy in Illinois. One of its primary functions is business advocacy, executed through its Government Affairs Committee and legislative staff.
This advocacy has been instrumental in preventing legislation that could negatively affect the cost of doing business in Illinois. By actively engaging with lawmakers, the Chamber has successfully mitigated the impacts of proposed laws that would have been burdensome for businesses. Additionally, it initiates and supports legislation aimed at improving the business climate, which is essential for fostering a vibrant and prosperous future for the state's economy.
With its focus on creating a favorable environment for businesses, the Illinois Chamber of Commerce not only enhances the viability of existing enterprises but also attracts new investments, ultimately contributing to community improvement and economic resilience across the state.
This information is meant to be a general summary of Illinois Chamber Of Commerce. 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 2022.
- Investment Income: $4,571
- Program Service Revenue: $2,240,642
- Gross Receipts: $2,287,220
Assets and Liabilities:
- Total Assets: $2,545,680
- Total Liabilities: $3,157,471
- Net Assets: -$611,791
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,961,108
SPONSORSHIP AND REGIST
Revenue
$214,534
GOVERNMENT AFFAIRS
Revenue
$65,000
Organization Details
Founding Year
1919
Phone
(217) 522-5512Principal Officer
Todd Maisch
Main Address
215 E ADAMS ST 1, SPRINGFIELD, IL, 62701
Website
www.ilchamber.orgNTEE Category
Code: S41 - Community improvement
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