Nonprofit · EIN 36-2224579
MOUNT PROSPECT CHAMBER OF COMMERCE
Tax-exempt · MT PROSPECT, IL 60056
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $60,984 | $49,738 | $11,246 | $50,508 | $0 | $50,508 |
| December 31, 2023 | 990 | $5,833 | $10,459 | -$4,626 | $39,262 | $0 | $39,262 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $54,459
- Investment income
- $0
- Net income from fundraising events
- $6,525
- Other revenue
- $6,525
Expenses
- Grants and similar amounts paid
- $3,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $300
Balance sheet and other
- Total assets, start of year
- $39,262
- Total assets, end of year
- $50,508
- Total liabilities, end of year
- $0
- Net assets, end of year
- $50,508
- Gross receipts
- $60,984
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1996
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRISHA CHOKSHI | CHAIRMAN Trustee or director | 2 | $0 |
| GEORGE TSELOS | DIRECTOR Trustee or director | 2 | $0 |
| TOM ZANDER | DIRECTOR Trustee or director | 2 | $0 |
| JESSE ZIEN | DIRECTOR Trustee or director | 2 | $0 |
| JENNIFER RICH | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRISHA CHOKSHI | CHAIRMAN Trustee or director | 2 | $0 |
| GEORGE TSELOS | DIRECTOR Trustee or director | 2 | $0 |
| TOM ZANDER | DIRECTOR Trustee or director | 2 | $0 |
| JESSE ZIEN | DIRECTOR Trustee or director | 2 | $0 |
| JENNIFER RICH | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 401 E PROSPECT AVE STE 211, MT PROSPECT, IL 60056-3396
- Principal officer (990 for 2024)
- TRISHA CHOKSHI, 401 E PROSPECT STE 211, MOUNT PROSPECT, IL 60056
- Signed the 990
- TRISHA CHOKSHI, PRESIDENT
- Phone
- (847) 346-5565
- Website
- WWW.MOUNTPROSPECTCHAMBER.ORG
- Return prepared by
- DENNIS SAVIANO CPA PC
Mission
PROMOTION OF THE BUSINESS COMMUNITY IN MOUNT PROSPECT.
Program accomplishments
- PROVIDE MEETINGS, SEMINARS AND NEWSLETTERS FOR MEMBERS TO PROMOTE THE IMPROVEMENT OF BUSINESS CONDITIONS IN THE LOCAL AREA.
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
- 36-2224579
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1950
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $50,508
- Income (IRS master file)
- $60,984
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $60,984 | $49,738 | $50,508 | XML |
| 990 | December 2023 | $5,833 | $10,459 | $39,262 | XML |
| 990 | December 2022 | $77,044 | $57,128 | $43,888 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 36-2224579).
Questions about MOUNT PROSPECT CHAMBER OF COMMERCE
- What is the EIN of MOUNT PROSPECT CHAMBER OF COMMERCE?
- The employer identification number (EIN) of MOUNT PROSPECT CHAMBER OF COMMERCE is 36-2224579.
- Is MOUNT PROSPECT CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1950.
- Are donations to MOUNT PROSPECT CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MOUNT PROSPECT 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 MOUNT PROSPECT 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 MOUNT PROSPECT 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 MOUNT PROSPECT CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 names TRISHA CHOKSHI.
- Who are the officers and directors of MOUNT PROSPECT CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does MOUNT PROSPECT CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $60,984, expenses of $49,738 and total assets of $50,508 at year end.
Other nonprofits in MT PROSPECT
- NATIONAL ASSOCIATION OF BOARDS OF PHARMACY EIN 36-1520565 · last filed 990 for 2025
- SOCIETY OF CRITICAL CARE MEDICINE EIN 23-7104387 · last filed 990 for 2025
- NORTHWEST COMPASS INC EIN 36-3382832 · last filed 990 for 2025
- NORTHWEST CHARGERS HOCKEY ASSOC EIN 36-3225829 · last filed 990 for 2025
- PARKVIEW MONTESSORI SCHOOL INC EIN 36-2875726 · last filed 990 for 2024
- ILLINOIS FIRE SAFETY ALLIANCE EIN 36-3647745 · last filed 990 for 2025
- NATIONAL ASSOCIATION OF BOARDS OF PHARMACY FOUNDATION INC EIN 36-2677921 · last filed 990 for 2025
- ST MARK PRESCHOOL & ENRICHMENT CENTER FOUNDATION EIN 47-1565407 · last filed 990 for 2025