Overview
What is The Commercial Club Of Chicago?
The Commercial Club of Chicago is a nonprofit organization established in 1877, with a primary focus on boosting the social and economic well-being of the Chicago metropolitan area. To achieve this goal, the organization creates task forces and committees, carrying out studies and formulating suggestions to tackle significant policy challenges in the region. In the fiscal year 2022, their primary focus was on state finance and tax policies. The Commercial Club of Chicago is headquartered in Chicago, Illinois.
Official website here: www.commercialclubchicago.org
Is The Commercial Club Of Chicago legitimate?
The Commercial Club Of Chicago is a legitimate nonprofit organization registered as a 501(c)(4) entity. The Commercial Club Of Chicago 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: $1,727,580
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,824,142
For more financial information, click here
Official website here: www.commercialclubchicago.org
What is the mission statement of The Commercial Club Of Chicago?
The Commercial Club of Chicago, established in 1877, has a mission to foster the social and economic vitality of the metropolitan area. The organization accomplishes this by establishing task forces and committees to delve into critical policy issues and develop relevant recommendations. In the fiscal year 2022, they focused on state finance and tax policies. The Commercial Club of Chicago is committed to contributing to the well-being of the region by undertaking such initiatives.
Official website here: www.commercialclubchicago.org
What is the revenue of The Commercial Club Of Chicago?
The Commercial Club Of Chicago's revenue in 2024 was $6,097,221.
Official website here: www.commercialclubchicago.org
Who are the executives of The Commercial Club Of Chicago and what are their salaries?
The average compensation at The Commercial Club Of Chicago during 2024 was $186,933. There are 19 employees and 168 volunteers at The Commercial Club Of Chicago.
Here are 30 key members and their salaries:
- Compensation: $893,564
- Related: $99,285
- Other: $69,391
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- Compensation: $411,361
- Related: $45,707
- Other: $41,124
- Compensation: $310,553
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- Other: $51,040
- Compensation: $181,286
- Related: $9,541
- Other: $44,003
- Compensation: $122,737
- Related: $0
- Other: $28,251
- Compensation: $132,252
- Related: $14,695
- Other: $10,419
- Compensation: $152,148
- Related: $0
- Other: $2,438
Official website here: www.commercialclubchicago.org
Where can I find the form 990 for The Commercial Club Of Chicago?
The Commercial Club Of Chicago's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.commercialclubchicago.org
Learn more at the official website: www.commercialclubchicago.org
Mission Statement of The Commercial Club Of Chicago
The Commercial Club of Chicago, established in 1877, is dedicated to fostering the social and economic prosperity of its metropolitan area. This esteemed organization undertakes this mission by establishing task forces and committees, which are responsible for conducting studies and formulating recommendations to address the pressing policy issues that the region encounters. In the fiscal year 2022, some of the key initiatives that the Commercial Club of Chicago focused on included examining state finance and tax policies. This nonprofit organization plays a significant role in shaping the policy landscape of its metropolitan area, striving to promote its overall vitality and progress.
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Impact
October, 2024
The Commercial Club of Chicago significantly impacts the social and economic fabric of the Chicago metropolitan area by addressing critical issues through structured policy initiatives and collaborative efforts. Founded in 1877, it plays a pivotal role in enhancing the region's vitality by establishing task forces and committees that focus on comprehensive studies and actionable recommendations.
By tackling key policy challenges—such as state finance and tax policies—the club contributes to a more informed and strategic approach to governance and community improvement. Its commitment to fostering dialogue among leaders across various sectors ultimately enhances the quality of life and economic prosperity for residents of the region. The insights and recommendations generated by the Commercial Club aim to create sustainable solutions that bolster growth, attract investment, and ensure a robust economic future for Chicago and its surrounding areas.
This information is meant to be a general summary of The Commercial Club Of Chicago. 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 2024.
- Investment Income: $63,708
- Program Service Revenue: $5,988,110
- Gross Receipts: $6,636,309
Assets and Liabilities:
- Total Assets: $2,465,781
- Total Liabilities: $629,086
- Net Assets: $1,836,695
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RELATED ORG PROG SUPPORT
Revenue
$4,858,485
NONDEDUCTIBLE DUES
Revenue
$1,129,625
Organization Details
Founding Year
1877
Principal Officer
Cordelia C Meyer
NTEE Category
Code: S41 - Community improvement
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