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Nonprofit · EIN 82-5358122

MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT NFP

Also known as MELROSE PARK CHAMBER

Tax-exempt · MELROSE PARK, IL 60160

Financials

$352K$257K2023$225K$234K2024
Revenue Expenses · by fiscal year end
Financials of MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT NFP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$225,287$233,982-$8,695$216,694$30,000$186,694
December 31, 2023990$351,868$256,918$94,950$225,389$30,000$195,389
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$218,008
of which government grants
$114,652
Membership dues
$62,568
Program service revenue
$0
Investment income
$7,279
Other revenue
$0

Expenses

Grants and similar amounts paid
$4,316
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$14,503
Travel
$922
Program services (functional)
$233,982

Balance sheet and other

Total assets, start of year
$225,389
Total assets, end of year
$216,694
Total liabilities, end of year
$30,000
Net assets, end of year
$186,694
Gross receipts
$225,287
Employees
0
Year formed
2018
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
DOUG OLSONChairman
Trustee or director
10$0
JACK STONEBRAKERChairman
Trustee or director
10$0
ISAAC BAZBAZExecutive Dir.
Officer
30$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
DOUG OLSONChairman
Trustee or director
10$0
JACK STONEBRAKERChairman
Trustee or director
10$0
ISAAC BAZBAZExecutive Dir.
Officer
30$0

Address and contacts

Address (IRS master file)
900 N 25TH AVE, MELROSE PARK, IL 60160-3050
In care of
% ISAAC BAZBAZ
Mailing address (990-N for 2020)
900 N 25TH AVE, MELROSE PARK IL 60160
Principal officer (990 for 2024)
ISAAC BAZBAZ, 900 N 25TH AVE, MELROSE PARK, IL 60160
Principal officer (990-N for 2020)
ISAAC BAZBAZ, 900 N 25TH AVE, MELROSE PARK IL 60160
Signed the 990
ISAAC BAZBAZ, Executive Director
Phone
(708) 343-9500
Return prepared by
Marchan Consulting LLC

Mission

THE MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT MISSION AS A NON-PROFIT IS TO PROVIDE ECONOMIC OPPRTUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • PROMOTE ECONOMIC DEVELOPMENT IN MELROSE PARK, ILLINOIS.

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
82-5358122
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
Assets (IRS master file)
$216,694
Income (IRS master file)
$225,287

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$225,287$233,982$216,694XML
990December 2023$351,868$256,918$225,389XML
990December 2022$269,063$224,188$130,439IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: ISAAC BAZBAZ
December 31, 2020≤ $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 82-5358122).

Questions about MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT NFP

What is the EIN of MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT NFP?
The employer identification number (EIN) of MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT NFP is 82-5358122.
Is MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT NFP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2023.
Are donations to MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT NFP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT NFP 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 MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT NFP 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 MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT NFP 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 MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT NFP?
The 990 for the year ended December 31, 2024 names ISAAC BAZBAZ.
Who are the officers and directors of MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT NFP?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does MELROSE PARK CHAMBER OF COMMERCE AND COMMUNITY DEVELOPMENT NFP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $225,287, expenses of $233,982 and total assets of $216,694 at year end.

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