Illinois Valley Area Chamber Of Commerce And Economic Development

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 361352170 ✦ Peru, IL ✦ Designated as a 501(c)(6)

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Overview

What is Illinois Valley Area Chamber Of Commerce And Economic Development?

The Illinois Valley Area Chamber of Commerce and Economic Development is a nonprofit organization committed to fostering the local economy. Their primary objective is to attract new employment opportunities and improve existing businesses, all while prioritizing the quality of life in the region. Their mission is a testament to this, as they strive to strike a balance between economic growth and community well-being. While specific details about their activities or programs are not provided in the information, the organization's dedication to the Illinois Valley's economic prosperity and overall quality of life is evident.


Official website here: www.ivaced.org

Is Illinois Valley Area Chamber Of Commerce And Economic Development legitimate?

Illinois Valley Area Chamber Of Commerce And Economic Development is a legitimate nonprofit organization registered as a 501(c)(6) entity. Illinois Valley Area Chamber Of Commerce And Economic Development 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: $141,196
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ivaced.org

What is the mission statement of Illinois Valley Area Chamber Of Commerce And Economic Development?

The Illinois Valley Area Chamber of Commerce and Economic Development is committed to promoting the local economy by attracting new job opportunities and improving existing businesses. This organization also places a strong emphasis on maintaining a high quality of life, ensuring that economic growth does not come at the expense of community well-being. By attracting new jobs, enhancing existing businesses, and valuing quality of life, the Illinois Valley Area Chamber of Commerce and Economic Development aims to contribute positively to the overall development and prosperity of the economy.


Official website here: www.ivaced.org

Who is the CEO of Illinois Valley Area Chamber Of Commerce And Economic Development?

Jeff Borelli is the President of Illinois Valley Area Chamber Of Commerce And Economic Development.


Official website here: www.ivaced.org

What is the revenue of Illinois Valley Area Chamber Of Commerce And Economic Development?

Illinois Valley Area Chamber Of Commerce And Economic Development's revenue in 2022 was $356,183.


Official website here: www.ivaced.org

Who are the executives of Illinois Valley Area Chamber Of Commerce And Economic Development and what are their salaries?

The average compensation at Illinois Valley Area Chamber Of Commerce And Economic Development during 2022 was $70,598. There are 2 employees at Illinois Valley Area Chamber Of Commerce And Economic Development.


Here are 17 key members and their salaries:


Bill Zens (Executive Dir.)
  • Compensation: $84,615
  • Related: $0
  • Other: $0
Penny Volkert (Operations)
  • Compensation: $56,581
  • Related: $0
  • Other: $0
Jonathan Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Dullard Dvm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Hileman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Argubright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Balestri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Bias (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Malooley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Wrobleski (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Eager (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal Knauf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deon Van Den Berg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Loveland (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Studer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Borelli (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ivaced.org

Where can I find the form 990 for Illinois Valley Area Chamber Of Commerce And Economic Development?

Illinois Valley Area Chamber Of Commerce And Economic Development's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ivaced.org

Learn more at the official website: www.ivaced.org

Mission Statement of Illinois Valley Area Chamber Of Commerce And Economic Development

The Illinois Valley Area Chamber of Commerce and Economic Development is dedicated to advancing the economic growth of the Illinois Valley region. Their mission is multifaceted, aimed at attracting new job opportunities and improving existing businesses within the area. However, they prioritize maintaining a balanced approach, placing equal importance on the preservation of the region's quality of life. By successfully combining these objectives, the Illinois Valley Area Chamber of Commerce and Economic Development strives to foster a prosperous and enjoyable community for its residents.

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Impact




October, 2024

The Illinois Valley Area Chamber of Commerce and Economic Development plays a vital role in enhancing the local economy by attracting new jobs and supporting existing businesses. By focusing on economic growth, the organization fosters a dynamic business environment that encourages investment and innovation. This commitment not only contributes to job creation but also helps to improve the overall quality of life in the Illinois Valley region. Through various initiatives and partnerships, the Chamber actively engages with local businesses and the community, promoting collaboration and development that benefit residents and entrepreneurs alike. The impact is clear: a stronger, more vibrant economy that supports the community's needs and aspirations.




This information is meant to be a general summary of Illinois Valley Area Chamber Of Commerce And Economic Development. 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.

Revenue
$356,183 (2022)
Expenses
$240,756 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $23
  • Program Service Revenue: $1,500
  • Gross Receipts: $406,683

Assets and Liabilities:

  • Total Assets: $246,782
  • Total Liabilities: $7,121
  • Net Assets: $239,661

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SPONSORSHIP

Revenue

$1,500

Organization Details

Founding Year

1945

Principal Officer

Jeff Borelli

Main Address

1320 PEORIA STREET, PERU, IL, 61354

NTEE Category

Code: S41 - Community improvement

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