Illinois · Nonprofit
Elgin Area Chamber of Commerce
Elgin Area Chamber of Commerce (Illinois) receives grants from 2 organizations whose IRS filings report $15,500 to it, the largest being WOMEN'S BUSINESS DEVELOPMENT CENTER ($15,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $787k
- Funders on record
- 2
- Grants received
- $16k
- Net assets
- $790k
What Elgin Area Chamber of Commerce does
Mission
The Elgin Area Chamber connects communities through engagement, advocacy, collaboration, and leadership.
As stated on its FY2025 Form 990.
Programs
Economic Development Division cultivates a highly skilled workforce through building education and training initiatives, attracting new businesses with a supportive environment, and retaining existing ones. EAC is committed to improving transportation infrastructure. EAC actively promotes Elgin, IL quality of life to attract not just businesses, but residents and visitors alike. This comprehensive program positions Elgin for long-term economic growth and a vibrant community.
$430,011 spent$344,792 earned by the program70% of program spendingPrograms and Events Established programs and events are a two-pronged approach to supporting local businesses and fostering community growth. The programs focus on initiatives with long-term impact, like developing a skilled workforce through education workshops or providing professional development opportunities. Meanwhile events create opportunities for immediate engagement. We organize networking events for businesses to connect, share ideas, and discover potential partnerships. Together, these initiatives create a synergy that strengthens the local business ecosystem and promotes economic prosperity.
$163,712 spent$88,405 earned by the program27% of program spendingAdvancing Progress Program is a multifaceted initiative designed to propel the chamber and economic developments programs of work. This program helps to position Elgin for a prosperous future with a skilled workforce, thriving businesses, and a high quality of life for all.
$19,466 spent$10,500 earned by the program3% of program spending
The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $613,189.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $941k to $792k (−16%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
38% of Elgin Area Chamber of Commerce’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Carol Gieske
President and CEO
Board chair
Rolando Guerrero
Board Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2018 → 2023: the base held at 1 funder, grant income rose $500 → $15k.
From the IRS filings of Elgin Area Chamber of Commerce’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Elgin Area Chamber of Commerce leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Elgin Area Chamber of Commerce.
Largest funder’s share by year: 2018 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of Elgin Area Chamber of Commerce's grant income comes from Illinois funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Elgin Area Chamber of Commerce is better cushioned than half of the 7,175 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025
Organizations like Elgin Area Chamber of Commerce
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
66% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Elgin Area Chamber of Commerce: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Elgin Area Chamber of Commerce?
- Elgin Area Chamber of Commerce (Illinois) receives grants from 2 organizations whose IRS filings report $15,500 to it, the largest being WOMEN'S BUSINESS DEVELOPMENT CENTER ($15,000). 0 of them have funded it in more than one year.
- How many funders does Elgin Area Chamber of Commerce have?
- IRS filings report 2 organizations giving $15,500 in grants to Elgin Area Chamber of Commerce.
- Who is the largest funder of Elgin Area Chamber of Commerce?
- WOMEN'S BUSINESS DEVELOPMENT CENTER is the largest funder on record, with $15,000 in grants. The full list of funders is on this page.
- How can an organization like Elgin Area Chamber of Commerce find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Elgin Area Chamber of Commerce →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing