Nonprofit · EIN 35-0727140
GREATER VALPARAISO CHAMBER OF COMMERCE
Tax-exempt · VALPARAISO, IN 46383
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,164,500 | $1,162,936 | $1,564 | $1,555,876 | $455,109 | $1,100,767 |
| December 31, 2023 | 990 | $1,137,630 | $1,133,612 | $4,018 | $1,593,120 | $493,917 | $1,099,203 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $110,285
- Program service revenue
- $639,300
- Investment income
- $7,987
- Net rental income
- $28,532
- Net income from fundraising events
- -$3,375
- Net income from sales of inventory
- $10,449
- Other revenue
- $406,928
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $145,250
- Other salaries and wages
- $462,874
- Salaries, compensation and benefits (total)
- $704,621
- Professional fundraising fees
- $0
- Travel
- $78,270
- Depreciation
- $61,679
- Program services (functional)
- $693,164
- Management and general (functional)
- $437,989
- Fundraising (functional)
- $31,783
Balance sheet and other
- Total assets, start of year
- $1,593,120
- Total assets, end of year
- $1,555,876
- Total liabilities, end of year
- $455,109
- Net assets, end of year
- $1,100,767
- Land, buildings and equipment
- $926,938
- Net assets without donor restrictions
- $1,100,767
- Gross unrelated business income
- $380,023
- Gross receipts
- $1,227,363
- Employees
- 7
- Volunteers
- 45
- Year formed
- 1912
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REX RICHARDS | PRESIDENT Officer, Highest-paid employee | 50 | $145,250 |
| NICK LARSON | BOARD CHAIR & VICE CHAIR Trustee or director, Officer | 2.5 | $0 |
| MATT EVANS | CHAIR- ELECT & VICE-CHAIR Trustee or director, Officer | 2.5 | $0 |
| LEE LANE | IMMEDIATE PAST-CHAIR Trustee or director, Officer | 2.5 | $0 |
| PRANATI BANSAL | BOARD MEMBER Trustee or director | 1 | $0 |
| CLIFTON DILLMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| NIC ERHARDT | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVE KARP | BOARD MEMBER Trustee or director | 1 | $0 |
| TOM CARROLL | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| STEPHANIE DOMAZET | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| LISA KIGER | BOARD MEMBER Trustee or director | 1 | $0 |
| ROB MORETH | BOARD MEMBER Trustee or director | 1 | $0 |
| ANGELICA SCHULTIS | BOARD MEMBER Trustee or director | 1 | $0 |
| ACO SIKOSKI | BOARD MEMBER Trustee or director | 1 | $0 |
| JENNIFER FIGG | BOARD MEMBER Trustee or director | 1 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEANNE SOMMER | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL VOLLBRECHT | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMIE SULCER | BOARD MEMBER Trustee or director | 1 | $0 |
| ANALISA WARRING | VICE-CHAIR Trustee or director, Officer | 1 | $0 |
| DR JAMES LEONARD | BOARD MEMBER Trustee or director | 1 | $0 |
| CINDY SAUSMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| GREG GOTTSCHALK | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REX RICHARDS | PRESIDENT Officer, Highest-paid employee | 50 | $138,673 |
| NICK LARSON | CHAIR ELECT & VICE CHAIR Trustee or director, Officer | 2.5 | $0 |
| MATT EVANS | VICE-CHAIR Trustee or director, Officer | 2.5 | $0 |
| LEE LANE | BOARD CHAIR Trustee or director, Officer | 2.5 | $0 |
| MARY SUDICKY | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2.5 | $0 |
| DENISE CONLON | BOARD MEMBER Trustee or director | 1 | $0 |
| GREG GOTTSCHALK | TREASURER Trustee or director, Officer | 1 | $0 |
| PRANATI BANSAL | BOARD MEMBER Trustee or director | 1 | $0 |
| CLIFTON DILLMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| NIC ERHARDT | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVE KARP | BOARD MEMBER Trustee or director | 1 | $0 |
| DAIVD BENGS | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| STEPHANIE DOMAZET | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| ERIC MATHISEN | BOARD MEMBER Trustee or director | 1 | $0 |
| ROB MORETH | BOARD MEMBER Trustee or director | 1 | $0 |
| RICH SHIELDS | BOARD MEMBER Trustee or director | 1 | $0 |
| ACO SIKOSKI | BOARD MEMBER Trustee or director | 1 | $0 |
| JENNIFER FIGG | BOARD MEMBER Trustee or director | 1 | $0 |
| PETER CARLSON | BOARD MEMBER Trustee or director | 1 | $0 |
| SHIRE KUCH | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMIE SULCER | BOARD MEMBER Trustee or director | 1 | $0 |
| ANALISA WARRING | VICE-CHAIR Trustee or director, Officer | 1 | $0 |
| MATT WELTER | BOARD MEMEBER Trustee or director | 1 | $0 |
| CINDY SAUSMAN | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 162 LINCOLNWAY, VALPARAISO, IN 46383-5524
- Principal officer (990 for 2024)
- REX RICHARDS, 162 W LINCOLNWAY, VALPARAISO, IN 46383
- Signed the 990
- REX RICHARDS, PRESIDENT
- Phone
- (219) 462-1105
- Website
- WWW.VALPOCHAMBER.ORG
- Return prepared by
- APPLEGATE & COMPANY PC CPAs
Mission
TO ASSIST BUSINESSES IN THE GREATER VALPARAISO AREA.
Program accomplishments
- THE VALPARAISO MAGAZINE IS OUR PREMIER MARKETING PRINT PUBLICATION THAT ALLOWS OUR CHAMBER TO SHOWCASE MANY IMPORTANT QUALITY OF LIFE ASPECTS OF OUR COMMUNITY. IT TAKES THE PERSPECTIVE OF LOOKING AT OUR COMMUNITY THROUGH THE LENS OF THE BUSINESSS POINT OF VIEW. THE PUBLICATION HAS A CIRCULATION OF 18,000 HOMES AND BUSINESSES IN THE GREATER VALPARAISO AREA. IT FEATURES BUSINESS OWNERS AND THEIR MANY FACETS TO THE STRONG CIVIC ENGAGEMENT TO THIS COMMUNITY. VALPARAISO MAGAZINE IS PUBLISHED FOUR TIMES A YEAR.
- OUR MEMBERSHIP DIRECTORY IS A VERY USEFUL BUYERS GUIDE FOR BUSINESSES AND INDIVIDUALS LOOKING FOR BUSINESS SERVICES, CONSUMER PRODUCTS, AND ANYTHING NEEDED TO PURCHASE FOR HOME OR BUSINESS. IT LISTS THE MANY MEMBERS WHO BELONG TO THE VALPARAISO CHAMBER ALPHABETICALLY AND BY BUSINESS CATEGORY. THIS DIRECTORY ALSO PROVIDES DISPLAY ADVERTISING WHICH HELPS TO PROMOTE THE PRODUCTS AND SERVICES PROVIDED BY THE 800 PLUS BUSINESSES THAT ARE AFFILIATED WITH OUR CHAMBER OF COMMERCE. THIS DIRECTORY CIRCULATES TO 5,000 BUSINESSES IN THE VALPARAISO MARKET PLACE. ITS AN OUTSTANDING BUSINESS TO BUSINESS RESOURCE.
- CHAMBER NETWORK NIGHT IS AN ANNUAL BUSINESS TO BUSINESS EXPO WHICH PROVIDES BUSINESSES FROM PORTER COUNTY TO SHOWCASE THEIR PRODUCTS AND SERVICES FACE TO FACE WITH POTENTIAL CLIENTS AND CUSTOMERS. THERE ARE NEARLY 200 ORGANIZATIONS WITH BOOTH SPACE TO DISPLAY THEIR PRODUCTS AND SERVICES. THE DIVERSITY OF BUSINESSES PARTICIPATING, RANGE FROM HOSPITALS, SIGN COMPANIES, LAW FIRMS, TELECOMMUNICATION FIRMS, AND MANY MORE. THIS IS THE LARGEST BUSINESS EXPO IN NORTHERN INDIANA.
- THE CHAMBER PROVIDES INDIVIDUALS AND BUSINESSES WITH INFORMATION ON ACTIVITIES THROUGHOUT VALPARAISO, PORTER COUNTY, AND NORTHWEST INDIANA.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-0727140
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1945
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,555,876
- Income (IRS master file)
- $1,227,363
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,164,500 | $1,162,936 | $1,555,876 | XML |
| 990 | December 2023 | $1,137,630 | $1,133,612 | $1,593,120 | XML |
| 990 | December 2022 | $1,091,233 | $1,043,731 | $1,569,882 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-0727140).
Questions about GREATER VALPARAISO CHAMBER OF COMMERCE
- What is the EIN of GREATER VALPARAISO CHAMBER OF COMMERCE?
- The employer identification number (EIN) of GREATER VALPARAISO CHAMBER OF COMMERCE is 35-0727140.
- Is GREATER VALPARAISO CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1945.
- Are donations to GREATER VALPARAISO CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GREATER VALPARAISO CHAMBER OF COMMERCE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GREATER VALPARAISO CHAMBER OF COMMERCE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREATER VALPARAISO CHAMBER OF COMMERCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GREATER VALPARAISO CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 names REX RICHARDS.
- Who are the officers and directors of GREATER VALPARAISO CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 lists 22 people; 1 received compensation from the organization, the highest $145,250 (REX RICHARDS, PRESIDENT).
- How much revenue does GREATER VALPARAISO CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,164,500, expenses of $1,162,936 and total assets of $1,555,876 at year end.
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- OPPORTUNITY ENTERPRISES INC EIN 35-1136833 · last filed 990 for 2025
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- PORTER COUNTY COMMUNITY FOUNDATION INC EIN 35-2000788 · last filed 990 for 2025
- PORTER COUNTY GOVERNMENT CHARITABLE NONPROFIT FOUNDATION INC EIN 81-1539044 · last filed 990 for 2024