Skip to main content

Nonprofit · EIN 36-3310312

GLMV AREA CHAMBER OF COMMERCE

Tax-exempt · LIBERTYVILLE, IL 60048

Financials

$258K$255K2023$292K$259K2024
Revenue Expenses · by fiscal year end
Financials of GLMV AREA CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$291,768$259,249$32,519$54,773$0$54,773
December 31, 2023990$257,922$255,004$2,918$22,254$0$22,254
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$39,937
of which government grants
$39,937
Program service revenue
$242,163
Investment income
$407
Other revenue
$9,261

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$133,364
Other salaries and wages
$15,675
Salaries, compensation and benefits (total)
$160,876
Professional fundraising fees
$0
Travel
$7,573
Depreciation
$129

Balance sheet and other

Total assets, start of year
$22,254
Total assets, end of year
$54,773
Total liabilities, end of year
$0
Net assets, end of year
$54,773
Land, buildings and equipment
$2,752
Net assets without donor restrictions
$54,773
Gross receipts
$291,768
Employees
3
Volunteers
19
Year formed
1945
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.

NameTitleHours / weekCompensation
Scott AdamsPresident & CEO
Trustee or director
40$70,000
Carol LevinPR Director
Trustee or director
40$63,364
Collen FormanDirector
Trustee or director
1$0
Paul LaRocheDirector
Trustee or director
1$0
John PetrilloDirector
Trustee or director
1$0
Karen LavrisPast Chairman
Trustee or director
1$0
Heather RoweDirector
Trustee or director
1$0
Matt LaskaDirector
Trustee or director
1$0
Denise KafkisDirector
Trustee or director
1$0
James SmithDirector
Trustee or director
1$0
Michael ZovistoskiDirector
Trustee or director
1$0
Eric GuentherDirector
Trustee or director
1$0
Chris PiazziOfficer
Officer
1$0
Steven KopalaTreasurer
Officer
1$0
Bill HasseSecretary
Officer
1$0
2 more people on this return
NameTitleHours / weekCompensation
Dr Mike HartlettVice Chair
Officer
1$0
April KootChairman
Officer
1$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensation
Scott AdamsPresident & CEO
Trustee or director
40$67,200
Carol LevinPR Director
Trustee or director
40$60,830
Collen FormanDirector
Trustee or director
1$0
Paul LaRocheDirector
Trustee or director
1$0
John PetrilloDirector
Trustee or director
1$0
Karen LavrisPast Chairman
Trustee or director
1$0
Heather RoweDirector
Trustee or director
1$0
Chris PiazziDirector
Trustee or director
1$0
Matt LaskaDirector
Trustee or director
1$0
Kieth SandersDirector
Trustee or director
1$0
Denise KafkisDirector
Trustee or director
1$0
James SmithDirector
Trustee or director
1$0
Michael ZovistoskiDirector
Trustee or director
1$0
Eric GuentherDirector
Trustee or director
1$0
April KootVice Chairman
Trustee or director
1$0
Steve KopulaChairman
Officer
1$0
Bill HasseSecretary
Officer
1$0
Dr Mike HartlettSecretary
Officer
1$0

Address and contacts

Address (IRS master file)
1123 S MILWAUKEE AVE, LIBERTYVILLE, IL 60048-3716
Principal officer (990 for 2024)
Scott Adams, 1123 S Milwaukee Avenue, Libertyville, IL 60048
Signed the 990
Scott Adams, President & CEO
Phone
(847) 680-0750
Return prepared by
Dam Snell & Taveirne Ltd

Mission

To be an active and positive force on behalf of its members and create a favorable environment for business. The GLMV will act as the medium for promoting economic and social progress in the area to foster a sense of community.

990 for the year ended December 31, 2024

Program accomplishments

  • .

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-3310312
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$54,773
Income (IRS master file)
$291,768

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$291,768$259,249$54,773IRS
990December 2023$257,922$255,004$22,254XML
990December 2022$230,995$235,151$19,336IRS
990December 2021$285,542$237,688$23,492IRS

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 36-3310312).

Questions about GLMV AREA CHAMBER OF COMMERCE

What is the EIN of GLMV AREA CHAMBER OF COMMERCE?
The employer identification number (EIN) of GLMV AREA CHAMBER OF COMMERCE is 36-3310312.
Is GLMV AREA CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1986.
Are donations to GLMV AREA CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GLMV AREA 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 GLMV AREA 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 GLMV AREA 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 GLMV AREA CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names Scott Adams.
Who are the officers and directors of GLMV AREA CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 17 people; 2 received compensation from the organization, the highest $70,000 (Scott Adams, President & CEO).
How much revenue does GLMV AREA CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $291,768, expenses of $259,249 and total assets of $54,773 at year end.

Other nonprofits in LIBERTYVILLE

All nonprofits in LIBERTYVILLE · Illinois