Overview
What is Calumet Area Industrial Commission?
The Calumet Area Industrial Commission is a voluntary association situated in Chicago, Illinois, specifically at 1000 E 111th STREET. Their primary mission is to foster and promote the growth of industry in the Calumet region, by attracting, developing, and retaining businesses within the area. This nonprofit organization serves as a collaborative platform for both industries and their suppliers, contributing to the region's industrial sector. With a dedicated workforce of 44 individuals, they aim to strengthen and bolster the industrial landscape in the Calumet region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%
The Calumet Area Industrial Commission has received a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The score is based entirely on its accountability and finance metrics, which indicates the organization’s commitment to transparency and responsible financial management.
One of the organization's notable strengths is its governance structure, featuring a fully independent board with 100% of members being independent. Additionally, it scores perfectly in areas such as financial statement oversight and conflict of interest policies, which demonstrates robust internal controls and ethical practices.
However, while the high program expense ratio of over 91% suggests that the majority of its funds are directed towards programs, the overall summary does not provide insights into the impact of its programs or the effectiveness of its initiatives. Therefore, while the financial health and governance are commendable, further information on program outcomes would be beneficial for a complete understanding of the organization's overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Calumet Area Industrial Commission legitimate?
Calumet Area Industrial Commission is a legitimate nonprofit organization registered as a 501(c)(3) entity. Calumet Area Industrial Commission 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,088
For more financial information, click here
What is the mission statement of Calumet Area Industrial Commission?
The Calumet Area Industrial Commission is a voluntary organization that serves as a alliance between industries and their suppliers. Its primary objective is to encourage the growth and sustainability of industries within the Calumet region. The commission's mission is to attract, develop, and retain industries in the region, thereby contributing to its economic growth and development. By working collaboratively with various stakeholders, the commission aims to create an environment that is conducive for industries to thrive, ultimately benefiting the local community.
Who is the CEO of Calumet Area Industrial Commission?
Ted Stalnos is the President/Director of Calumet Area Industrial Commission.
What is the revenue of Calumet Area Industrial Commission?
Calumet Area Industrial Commission's revenue in 2021 was $3,130,682.
Who are the executives of Calumet Area Industrial Commission and what are their salaries?
The average compensation at Calumet Area Industrial Commission during 2021 was $911. There are 44 employees and 23 volunteers at Calumet Area Industrial Commission.
Here are 51 key members and their salaries:
- Compensation: $131,648
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Calumet Area Industrial Commission?
Calumet Area Industrial Commission's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Calumet Area Industrial Commission
The Calumet Area Industrial Commission is a voluntary association, composed of both industries and their suppliers, with a mission to attract, develop, and retain industry within the Calumet region. This organization serves as a proactive force, striving to foster a conducive environment for industrial growth and expansion. By leveraging its network of industry and suppliers, the Calumet Area Industrial Commission aims to contribute significantly to the region's industrial development and retention efforts.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Calumet Area Industrial Commission plays a crucial role in the economic landscape of the Calumet region by driving industrial growth and job creation. As a voluntary association of industry and suppliers, it focuses on attracting new businesses, developing existing industries, and retaining companies within the area. This commitment not only enhances the local economy but also fosters a collaborative environment where industries and suppliers can thrive together.
By working to create a favorable business climate, the Commission stimulates investment and innovation, leading to increased employment opportunities for residents. Its efforts contribute to the overall sustainability of the region's industrial base, ensuring that communities benefit from a diverse and resilient economy. In summary, the Calumet Area Industrial Commission is instrumental in shaping the future of the Calumet region by fostering industrial development and employment growth.
This information is meant to be a general summary of Calumet Area Industrial Commission. 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 2021.
- Program Service Revenue: $178,837
- Gross Receipts: $3,130,682
Assets and Liabilities:
- Total Assets: $970,071
- Total Liabilities: $342,586
- Net Assets: $627,485
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE AREA REIMBURSEMENTS
Revenue
$39,149
OTHER INCOME
Revenue
$139,688
Organization Details
Founding Year
1967
Phone
(773) 928-6000Principal Officer
Ted Stalnos
Main Address
1000 E 111th STREET, CHICAGO, IL, 60628
NTEE Category
Code: J20Z - Employment
If you are a representative of Calumet Area Industrial Commission and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.