La Grange Business Association Inc

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

EIN: 363890661 ✦ La grange, IL ✦ Designated as a 501(c)(6)

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Overview

What is La Grange Business Association Inc?

La Grange Business Association Inc, established in Illinois, is a nonprofit organization primarily focused on enhancing the business climate in La Grange. By collaborating with local chambers and organizations, they advocate for local businesses, promoting growth and orderly development. Their initiatives include sponsoring advertisements, facilitating financial aid, addressing parking regulations, and supporting general business development. Additionally, the association organizes events to boost community support for local businesses. With a team of two dedicated individuals, they strive to improve the business environment in La Grange, Illinois.


Official website here: www.lgba.com/

What do the Facebook reviews say about La Grange Business Association Inc?

98% of 27 reviewers on Facebook recommend the La Grange Business Association Inc. Here's a summary of their reviews:

Many contributors highlight the positive atmosphere and community spirit facilitated by the association. The blend of a small-town charm with a big-town vibe resonates well with residents and visitors alike, contributing to a strong sense of belonging and local pride.

Overall, it seems the organization effectively fosters a supportive environment for local businesses, leading to satisfaction among patrons and community members. The emphasis on community-oriented events and initiatives is appreciated and regarded as a valuable asset to the area.


This AI summary has been generated from reviews found on Facebook.

Is La Grange Business Association Inc legitimate?

La Grange Business Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. La Grange Business Association Inc 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: $92,063
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,754

For more financial information, click here


Official website here: www.lgba.com/

What is the mission statement of La Grange Business Association Inc?

The La Grange Business Association Inc, incorporated under Illinois law, is dedicated to enhancing the business environment. Acting as a business advocate, they collaborate with local organizations, such as the West Suburban Chamber of Commerce, to stimulate growth for businesses. The association promotes business in the area by addressing various issues, including sponsoring local advertising, facilitating facade loans, and advocating for favorable regulations. They also sponsor events to encourage community support for local businesses. Furthermore, the La Grange Business Association serves as the voice of businesses to government bodies, working on matters such as parking regulations, streetscape improvements, and general business development.


Official website here: www.lgba.com/

Who is the CEO of La Grange Business Association Inc?

David Fisher is the Principal Officer of La Grange Business Association Inc.


Official website here: www.lgba.com/

What is the revenue of La Grange Business Association Inc?

La Grange Business Association Inc's revenue in 2022 was $301,575.


Official website here: www.lgba.com/

Who are the executives of La Grange Business Association Inc and what are their salaries?

The average compensation at La Grange Business Association Inc during 2022 was $75,908. There are 2 employees at La Grange Business Association Inc.


Here are 13 key members and their salaries:


Joseph Kroc (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Carney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Keuss Boyce (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Posey (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Errico (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Cummings (Executive Director)
  • Compensation: $92,063
  • Related: $0
  • Other: $0
Alan Morales (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Jasinski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Spain (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Wagler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Fry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terra Phair (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larissa Magajne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lgba.com/

Where can I find the form 990 for La Grange Business Association Inc?

La Grange Business Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lgba.com/

Learn more at the official website: www.lgba.com/

Mission Statement of La Grange Business Association Inc

The La Grange Business Association Inc, established under Illinois laws, is dedicated to improving the business environment in La Grange. Acting as a business advocate, this organization collaborates with the West Suburban Chamber of Commerce and other local entities to stimulate growth for businesses within the area. The La Grange Business Association serves as a voice for local businesses, engaging with the Village of La Grange and various government bodies on matters affecting businesses.

Specifically, the La Grange Business Association tackles various issues such as sponsoring local cable advertising, advocating for facade loans, working on Tax Increment Financing projects, addressing parking regulations, promoting streetscape improvements, organizing Candidate Nights, and revising Sign Ordinances. Furthermore, the association plays a crucial role in fostering general business development within La Grange.

To support the local business community, the La Grange Business Association organizes several events throughout the year. These events not only encourage community engagement but also help in boosting the visibility and popularity of local businesses. In this way, the La Grange Business Association contributes to fostering a vibrant and thriving business environment in the area.

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Impact




October, 2024

La Grange Business Association Inc significantly enhances the business environment in La Grange, Illinois, by fostering a supportive community for local enterprises. As a key advocate, it collaborates with organizations like the West Suburban Chamber of Commerce to promote business interests and facilitate orderly growth. The Association actively addresses a range of issues impacting local businesses, such as parking regulations, sign ordinances, and streetscape improvements, ensuring that the concerns of business owners are voiced effectively to government bodies.

By sponsoring initiatives like local cable advertising, facade loans, and tax increment financing, the Association helps businesses thrive and adapt to changing market conditions. Additionally, it organizes various events throughout the year that not only attract community engagement but also galvanize support for local businesses. The Association plays a crucial role in creating a vibrant economic landscape, which benefits both residents and business owners in La Grange.




This information is meant to be a general summary of La Grange Business Association Inc. 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
$301,575 (2022)
Expenses
$235,951 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $630,339

Assets and Liabilities:

  • Total Assets: $265,593
  • Total Liabilities: $66,180
  • Net Assets: $199,413

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Organization Details

Founding Year

1993

Principal Officer

David Fisher

Main Address

26 SOUTH LA GRANGE ROAD SUITE 103, LA GRANGE, IL, 605252400

NTEE Category

Code: S41 - Community improvement

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