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Nonprofit · EIN 36-2090205

PRINCETON CHAMBER OF COMMERCE

Tax-exempt · PRINCETON, IL 61356

Financials

$199K$215K2023$286K$249K2024
Revenue Expenses · by fiscal year end
Financials of PRINCETON CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$286,375$248,730$37,645$206,038$0$206,038
March 31, 2024990$199,447$215,263-$15,816$75,849$19,607$56,242
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$105,189
of which government grants
$25,000
Membership dues
$80,189
Program service revenue
$103,953
Investment income
$210
Net income from fundraising events
$10,869
Other revenue
$77,023

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$60,951
Other salaries and wages
$20,335
Salaries, compensation and benefits (total)
$87,503
Professional fundraising fees
$0
Accounting fees
$3,200
Occupancy
$17,385
Travel
$6,937

Balance sheet and other

Total assets, start of year
$75,849
Total assets, end of year
$206,038
Total liabilities, end of year
$0
Net assets, end of year
$206,038
Gross receipts
$308,569
Employees
2
Volunteers
12
Year formed
1947
State of legal domicile
IL

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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JENICA COLEEXECUTIVE DIRECTOR
Officer
40$60,951
LYNN OLDSPRESIDENT
Trustee or director, Officer
1$0
DANA PIACENTIPRESIDENT-ELECT
Trustee or director, Officer
1$0
TRISHA SCHAFERTREASURER
Trustee or director, Officer
1$0
TRACY GRIMMERSECRETARY
Trustee or director, Officer
1$0
ANDY AUSTINBOARD MEMBER
Trustee or director
1$0
JENNIFER FORRISTALLBOARD MEMBER
Trustee or director
1$0
TINA KLINGENBERGBOARD MEMBER
Trustee or director
1$0
LUKE LANXONBOARD MEMBER
Trustee or director
1$0
MICHAEL STUTZKEBOARD MEMBER
Trustee or director
1$0
990 for the year ended March 31, 2024: 13 people
NameTitleHours / weekCompensation
JENICA COLEEXECUTIVE DIREC
Trustee or director, Officer
40$59,820
RYAN KEUTZERPRESIDENT ELECT
Trustee or director
1$0
ROXANA NOBLEDirector
Trustee or director
1$0
ANDY AUSTINDirector
Trustee or director
1$0
LYNN OLDDirector
Trustee or director
1$0
BRIAN CHURCHSecretary
Trustee or director, Officer
1$0
DANA PIACENTIDirector
Trustee or director
1$0
DAVID YEPSENDirector
Trustee or director
1$0
SHELLEE MONIERDirector
Trustee or director, Officer
1$0
TRISHA SHAFERPresident
Trustee or director
1$0
TRACY GRIMMERDirector
Trustee or director
1$0
DAN LEGNERTreasurer
Trustee or director, Officer
1$0
DAVID SHOUSEDirector
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
435 S MAIN ST, PRINCETON, IL 61356-2077
Principal officer (990 for 2024)
JENICA COLE, 435 SOUTH MAIN STREET, PRINCETON, IL 61356
Signed the 990
JENICA COLE, EXECUTIVE DIRECTOR
Phone
(815) 875-2616
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO SERVE OUR MEMBERS, PROMOTE THE NEEDS OF BUSINESS AND INDUSTRY, AND CREATE THE BEST COMMUNITY IN WHICH TO LIVE, WORK, AND PLAY.

990 for the year ended March 31, 2025

Program accomplishments

  • GREW THE CHAMBER WITH THE ADDITION OF 30 NEW MEMBERS - WE ARE NOW 330 MEMBERS STRONG!;HOSTED THE MOST SUCCESSFUL CHAMBER CLASSIC TO DATE, RAISING A PHENOMENAL $23,295.00 TO FUND OUR BUILDING IMPROVEMENT GRANT PROGRAM, AND AWARDED GRANTS TO 4 DESERVING CHAMBER MEMBERS;REVAMPED AND ADD NEW INFORMATION TO OUR ANNUAL CHAMBER & COMMUNITY GUIDE INCLUDING THE ENTIRE 2025 CALENDAR OF EVENTS FOR THE CHAMBER AND COMMUNITY, THE AMTRAK SCHEDULE, AS WELL AS LOCAL CENSUS DATA;CREATED THE PRINCETON SHOPPING AND DINING MAP. A PROJECT MADE POSSIBLE BY WORKING TOGETHER WITH CITY OF PRINCETON TOURISM;ACCEPTED CREDIT CARDS AS A FORM OF PAYMENT FOR GIFT CARD PURCHASES, MEMBERSHIP DUES, SPONSORSHIPS, ETC. WITH NO FEE PASSED ON TO THE CUSTOMER OR MEMBER;HOSTED THE 10TH ANNUAL SALUTE TO AG BREAKFAST AND AWARD 4 SCHOLARSHIPS TO DESERVING BUREAU COUNTY HIGH SCHOOL SENIORS WHO ARE ALL PURSUING A DEGREE IN AGRICULTURE;CONTINUE TO OFFER MANY NETWORKING AND EDUCATIONAL OPPORTUNITIES THROUGHOUT THE YEAR FOR OUR MEMBERS, INCLUDING: BUSINESS AFTER HOURS, MORNING MINGLES, AND LUNCH & LEARNS;ORGANIZED AND PROMOTED 7 DIFFERENT SHOP SMALL EVENTS THROUGHOUT THE YEAR TO SUPPORT OUR RETAILERS AND RESTAURANTS BY ENCOURAGING THE COMMUNITY AND VISITORS ALIKE TO SHOP SMALL WHILE ALSO EDUCATING ON THE WAYS THIS HELPS BOOST OUR LOCAL ECONOMY;CONTINUED TO DEVELOP RELATIONSHIPS WITH OTHER AREA CHAMBERS AND PRESENT PROFESSIONAL SPEAKER PRESENTATIONS THAT ALLOW OUR COMBINED MEMBERSHIPS AMAZING EDUCATIONAL OPPORTUNITIES;CONDUCTED THE 3RD ANNUAL CAREER, JOB & VOLUNTEER FAIR WITH OVER 60 BUSINESSES, COLLEGES, AND ORGANIZATIONS ATTENDING WITH AN INVITATION EXTENDED TO PRINCETON AND ALL BUREAU COUNTY HIGH SCHOOLS, PRINCETON'S 8TH GRADE CLASS, PCA AS WELL AS THE ADDITION OF OPENING THE EVENT TO THE GENERAL PUBLIC; THIS PAST YEAR'S EVENT SAW OVER 600 STUDENTS;CONTINUED TO COORDINATE AND PROMOTE THE EVER SO POPULAR LUNCH IN THE PARK WHICH SUPPORTS OUR MANY NON-PROFIT ORGANIZATIONS WHO IN RETURN GENEROUSLY GIVE THEIR PROCEEDS BACK TO WORTHY COMMUNITY CAUSES;HELPED TO SUPPORT, GROW, AND PROMOTE THE PRINCETON FARMERS MARKET;CONTINUED TO ORGANIZE AND BRING BACK THOSE BEAUTIFUL FLOWERPOTS TO MAIN STREET EACH SPRING;COORDINATED AND HOSTED PRINCETON'S ANNUAL FOURTH OF JULY CELEBRATION WITH THE PRINCETON PARK DISTRICT;PARTNERED WITH THE BUREAU COUNTY HISTORY CENTER TO CREATE A COMMEMORATIVE RED COVERED BRIDGE BOOKLET;HOSTED THE ANNUAL 9/11 REMEMBRANCE CEREMONY WITH HELP FROM THE PRINCETON MOOSE LODGE AND PRINCETON VETERANS GROUP;CONTINUED A VERY SUCCESSFUL HOME FOR THE HOLIDAYS CHRISTMAS LIGHT DRIVE THRU EVENT WITH THE BUREAU COUNTY FAIR WHICH SAW NEARLY 2,000 CARS THIS PAST HOLIDAY SEASON WITH MANY VISITORS JOINING US FROM OUTSIDE OF THE PRINCETON AREA;ORGANIZED AND HOSTED OTHER FUN COMMUNITY EVENTS SUCH AS MONSTER MASH BALLOON BASH AND THE ANNUAL SCARECROW COMPETITION, HOMESTEAD FESTIVAL WINDOW DISPLAY CONTEST, CHRISTMAS WALK WINDOW DISPLAY CONTEST, AND LIGHT UP PRINCETON;AS ALWAYS, CONTINUED OUR INVOLVEMENT WITH NUMEROUS COMMUNITY ORGANIZATIONS AND SUPPORT EVENTS SUCH AS THE ANNUAL EASTER EGG HUNT AND SHRIMPFEST WITH THE PRINCETON ROTARY CLUB, BEEF & AG DAYS WITH THE BUREAU COUNTY CATTLEMEN, Z TOUR & BIKE FEST, NATIONAL NIGHT OUT WITH THE PRINCETON POLICE DEPARTMENT, THE BUREAU COUNTY HOMESTEAD FESTIVAL, THE HALLOWEEN PARADE AND HAUNT YOUR HOME COMPETITION WITH THE BUREAU COUNTY FAIR, THE CHRISTMAS PARADE AND SANTA'S WORKSHOP WITH THE PRINCETON LIONS CLUB, AS WELL AS CONTINUE THE INITIATIVE OF THE BUREAU COUNTY SENIOR CENTER AND DEMENTIA FRIENDLY COMMUNITY PRINCETON, AND SO MUCH MORE!!! MEMBERS IN GOOD STANDING HAS ACCESS TO OUR BUILDING IMPROVEMENT GRANT PROGRAM;MEMBERS HAD ACCESS TO OUR CHAMBER E-BLAST PROGRAM WITH OVER 800 SUBSCRIBED E-MAIL ADDRESSES AND OVER 425 E-BLASTS SENT THROUGHOUT 2024;BUSINESS REFERRALS, LISTINGS ON OUR CHAMBER WEBSITE, AND SPOTLIGHTED WITHIN OUR ANNUALLY PRINTED CHAMBER & COMMUNITY GUIDE;CHAMBER GIFT CARD PROGRAM ($42,540.00 WORTH OF GIFT CARDS SOLD IN 2024 - THIS MONEY STAYS LOCAL AND BOOSTS OUR ECONOMY!);MANY EDUCATIONAL AND NETWORKING OPPORTUNITIES WERE OFFERED TO OUR MEMBERSHIP THROUGHOUT 2024;AS A NEW MEMBER, THE ABILITY TO ATTEND OUR BI-ANNUAL NEW MEMBER SHOWCASE, OFFERED IN THE SPRING AND FALL, TO INTRODUCE AND HIGHLIGHT YOUR BUSINESS OR ORGANIZATION TO OTHER CHAMBER MEMBERS. THANK YOU TO HEARTLAND BANK FOR MAKING THESE EVENTS POSSIBLE!;MARKETED MEMBERSHIP THROUGH USE OF MAGAZINE PUBLICATIONS, NEWSPAPER, RADIO ADS, AND SOCIAL MEDIA. THE CHAMBER'S FACEBOOK PAGE IS VERY ACTIVE WITH 7,762 FOLLOWERS!

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
36-2090205
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1996
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$206,038
Income (IRS master file)
$308,569

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$286,375$248,730$206,038XML
990March 2024$199,447$215,263$75,849XML
990March 2023$213,540$205,841$94,592IRS
990March 2022–––IRS
990-EZMarch 2021–––IRS
990March 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 36-2090205).

Questions about PRINCETON CHAMBER OF COMMERCE

What is the EIN of PRINCETON CHAMBER OF COMMERCE?
The employer identification number (EIN) of PRINCETON CHAMBER OF COMMERCE is 36-2090205.
Is PRINCETON CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1996.
Are donations to PRINCETON CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PRINCETON 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 PRINCETON CHAMBER OF COMMERCE due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PRINCETON CHAMBER OF COMMERCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of PRINCETON CHAMBER OF COMMERCE?
The 990 for the year ended March 31, 2025 names JENICA COLE.
Who are the officers and directors of PRINCETON CHAMBER OF COMMERCE?
The 990 for the year ended March 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $60,951 (JENICA COLE, EXECUTIVE DIRECTOR).
How much revenue does PRINCETON CHAMBER OF COMMERCE have?
On its 990 for the year ended March 31, 2025 it reported revenue of $286,375, expenses of $248,730 and total assets of $206,038 at year end.

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