Nonprofit · EIN 85-1307824
7 X 24 EXCHANGE INTERNATIONAL LAKE MICHIGAN REGION CHAPTER INC
Tax-exempt · OAK BROOK, IL 60523
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $107,369 | $77,723 | $29,646 | $68,504 | $0 | $68,504 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Membership dues
- $31,489
- Program service revenue
- $75,880
Expenses
- Compensation of officers, directors and key employees
- $0
- Printing, publications and postage
- $125
- Other expenses
- $77,598
Balance sheet and other
- Total assets, start of year
- $38,858
- Total assets, end of year
- $68,504
- Total liabilities, end of year
- $0
- Net assets, end of year
- $68,504
- Cash, savings and investments
- $68,504
- Gross receipts
- $107,369
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILL SHAUMANN | PRESIDENT | 1 | $0 |
| MICHELLE REED | VICE PRESIDENT & WIMCO CHAIR | 1 | $0 |
| ERICH KAISER | TREASURER | 1 | $0 |
| ALAN ROCHE | MEMBERSHIP DIRECTOR | 1 | $0 |
| BRIAN BISKUP | COMMUNICATIONS DIRECTOR | 1 | $0 |
| BILL SHANAHAN | PROGRAM DIRECTOR & GOLF EVENT CHAIR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 815 COMMERCE DR STE 100, OAK BROOK, IL 60523-8839
- In care of
- % MICHAEL MEYER
- Mailing address (990-N for 2023)
- P O BOX 61360, STATEN ISLAND NY 10306
- Principal officer (990-N for 2023)
- President Michael Meyer, P O BOX 61360, STATEN ISLAND NY 10306
- Signed the 990-EZ
- ERICH KAISER, TREASURER
- Phone
- (646) 486-3818
- Return prepared by
- CONDON O'MEARA MCGINTY & DONNELLY LLP
Mission
7 X 24 EXCHANGE IS THE LEADING KNOWLEDGE EXCHANGE FOR THOSE WHO DESIGN, BUILD, OPERATE AND MAINTAIN MISSION CRITICAL ENTERPRISE INFORMATION INFRASTRUCTURES. THE ORGANIZATION'S GOAL IS TO IMPROVE END-TO-END RELIABILITY BY PROMOTING DIALOGUE AMONG THESE GROUPS. 7 X 24 EXCHANGE IS COMMITTED TO ADDRESSING THE CHALLENGES OF SUSTAINABILITY AND GIVING BACK THROUGH ITS SOCIAL RESPONSIBILITY INITIATIVE.
Program accomplishments
- 7 X 24 EXCHANGE IS THE LEADING KNOWLEDGE EXCHANGE FOR THOSE WHO DESIGN, BUILD, OPERATE AND MAINTAIN MISSION CRITICAL ENTERPRISE INFORMATION INFRASTRUCTURES. THE ORGANIZATION'S GOAL IS TO IMPROVE END-TO-END RELIABILITY BY PROMOTING DIALOGUE AMONG THESE GROUPS. 7 X 24 EXCHANGE IS COMMITTED TO ADDRESSING THE CHALLENGES OF SUSTAINABILITY AND GIVING BACK THROUGH ITS SOCIAL RESPONSIBILITY INITIATIVE.
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 85-1307824
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $68,504
- Income (IRS master file)
- $107,369
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $107,369 | $77,723 | $68,504 | XML |
| 990-N for 2023 Officer: President Michael Meyer | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: President Michael Meyer | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 85-1307824).
Questions about 7 X 24 EXCHANGE INTERNATIONAL LAKE MICHIGAN REGION CHAPTER INC
- What is the EIN of 7 X 24 EXCHANGE INTERNATIONAL LAKE MICHIGAN REGION CHAPTER INC?
- The employer identification number (EIN) of 7 X 24 EXCHANGE INTERNATIONAL LAKE MICHIGAN REGION CHAPTER INC is 85-1307824.
- Is 7 X 24 EXCHANGE INTERNATIONAL LAKE MICHIGAN REGION CHAPTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2023.
- Are donations to 7 X 24 EXCHANGE INTERNATIONAL LAKE MICHIGAN REGION CHAPTER INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does 7 X 24 EXCHANGE INTERNATIONAL LAKE MICHIGAN REGION CHAPTER INC 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 7 X 24 EXCHANGE INTERNATIONAL LAKE MICHIGAN REGION CHAPTER INC 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 7 X 24 EXCHANGE INTERNATIONAL LAKE MICHIGAN REGION CHAPTER INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of 7 X 24 EXCHANGE INTERNATIONAL LAKE MICHIGAN REGION CHAPTER INC?
- The 990-N for 2023 names President Michael Meyer.
- Who are the officers and directors of 7 X 24 EXCHANGE INTERNATIONAL LAKE MICHIGAN REGION CHAPTER INC?
- The 990-EZ for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does 7 X 24 EXCHANGE INTERNATIONAL LAKE MICHIGAN REGION CHAPTER INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $107,369, expenses of $77,723 and total assets of $68,504 at year end.
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