Operating record

Lake Zurich Area Chamber Of Commerce

Lake Zurich, IL · EIN 23-7366102 · files the short form (990-EZ), so reduced detail · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$0$0$0
2021$161,474$153,090$8,3843.3
2022$187,593$182,259$5,3343.1
2023$154,744$166,134−$11,3902.2

In its most recent public year (2023), this organization spent $11,390 more than it brought in. Its reserves stood at about 2.2 months of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗