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Cary-Grove Area Chamber Of Commerce

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

EIN: 363809123 ✦ Cary, IL ✦ Designated as a 501(c)(6)

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Overview

What is Cary-Grove Area Chamber Of Commerce?

The Cary-Grove Area Chamber of Commerce is a nonprofit organization situated in Cary, Illinois, with an address at 210 Crystal Street. Their primary mission is to foster the growth and development of the local business community, ultimately improving the quality of life for residents and professionals in the Cary and Fox River Grove area. They achieve this by hosting events, such as the annual golf outing, which offers a networking opportunity for local businesses. With a dedicated workforce of four individuals, the chamber's events and initiatives play a significant role in strengthening the local business network and promoting overall community development.


Official website here: www.carygrovechamber.com

Is Cary-Grove Area Chamber Of Commerce legitimate?

Cary-Grove Area Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cary-Grove Area 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: $84,701
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,412

For more financial information, click here


Official website here: www.carygrovechamber.com

What is the mission statement of Cary-Grove Area Chamber Of Commerce?

The Cary-Grove Area Chamber of Commerce is established with the primary objective of fostering the growth and development of the local business community. Their mission extends beyond this, as they also aim to enhance the quality of life for those residing and working in the area. To achieve these goals, they organize events like golf outings, providing an opportunity for networking among local businesses. These events contribute to strengthening business relationships and fostering a thriving business environment, thereby improving the overall quality of life in the community.


Official website here: www.carygrovechamber.com

Who is the CEO of Cary-Grove Area Chamber Of Commerce?

Lynn Caccavallo is the Chairman Of The Board of Cary-Grove Area Chamber Of Commerce. The CEO's salary of Cary-Grove Area Chamber Of Commerce is $84,701 and their total compensation is $84,701.


Official website here: www.carygrovechamber.com

What is the revenue of Cary-Grove Area Chamber Of Commerce?

Cary-Grove Area Chamber Of Commerce's revenue in 2022 was $263,318.


Official website here: www.carygrovechamber.com

Who are the executives of Cary-Grove Area Chamber Of Commerce and what are their salaries?

The average compensation at Cary-Grove Area Chamber Of Commerce during 2022 was $28,778. There are 4 employees and 25 volunteers at Cary-Grove Area Chamber Of Commerce.


Here are 5 key members and their salaries (Cary-Grove Area Chamber Of Commerce's CEO's salary is $84,701 and their total compensation is $84,701):


Scott Lind (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Nies (Vice Chariman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Morreale (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Caccavallo (President/Ceo/Secretary)
  • Compensation: $84,701
  • Related: $0
  • Other: $0
Brandy Benyo (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.carygrovechamber.com

Where can I find the form 990 for Cary-Grove Area Chamber Of Commerce?

Cary-Grove Area Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.carygrovechamber.com

Learn more at the official website: www.carygrovechamber.com

Mission Statement of Cary-Grove Area Chamber Of Commerce

The Cary-Grove Area Chamber of Commerce is an organization committed to supporting the growth and development of the business community in the Cary and Fox River Grove area. Its purpose is to enhance the quality of life for those residing and working in this region. To achieve these goals, the Chamber organizes events such as golf outings, like the one held at a local golf course, which serves as an excellent opportunity for networking with local businesspeople. By fostering a thriving business community and improving the overall quality of life, the Cary-Grove Area Chamber of Commerce contributes significantly to the well-being of its area.

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Impact




October, 2024

The Cary-Grove Area Chamber of Commerce plays a pivotal role in fostering the growth and development of the local business community. By organizing events such as the annual golf outing, which not only serves as a networking opportunity but also contributes to local economic vitality, the Chamber enhances connections among business professionals. Their activities facilitate collaboration and support among businesses, ultimately leading to an improved quality of life for residents and workers in the Cary and Fox River Grove area. The Chamber's efforts create a vibrant local economy, encouraging community engagement and development initiatives that benefit everyone in the region.




This information is meant to be a general summary of Cary-Grove Area 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.

Revenue
$263,318 (2022)
Expenses
$241,080 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,369
  • Program Service Revenue: $120,790
  • Gross Receipts: $263,318

Assets and Liabilities:

  • Total Assets: $288,375
  • Total Liabilities: $0
  • Net Assets: $288,375

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Programs

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

FUNDRAISERS AND EVENTS

Revenue

$120,790

Organization Details

Founding Year

1964

Principal Officer

Lynn Caccavallo

Main Address

210 CRYSTAL ST, CARY, IL, 60013

NTEE Category

Code: S41 - Community improvement

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