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Illinois · Nonprofit

GENEVA CHAMBER OF COMMERCE

GENEVA CHAMBER OF COMMERCE (Illinois) receives grants from 2 organizations whose IRS filings report $104,500 to it, the largest being Northwestern Memorial HealthCare Group ($95,225). 1 of them have funded it in more than one year.

Revenue FY2025
$1.2M
Funders on record
2
Grants received
$105k
Net assets
$37k
1/2 repeat funderspeak grant-dependency 2%
01What it does

What Geneva Chamber of Commerce does

Mission

To be the voice of its members and the business community by maintaining and monitoring selective programs of action which identify issues, provide support in areas of economic development, and foster community pride and recognition.

As stated on its FY2025 Form 990.

Programs

  1. Swedish days - preparation and management of a five day festival enhancing the business community. This annual event attracts 325,000 tourists and visitors to our business community to increase opportunity for our members to generate sales and create awareness. The festival also stimulates local resident participation and provides a venue for local non-profits to set up food booths, the sales from which, in many cases, are their only source of fundraising for the year.

    $381,711 spent$232,833 earned by the program
    32% of program spending
  2. Festival of the vine - economic development through the promotion of a central business district in conjunction with the organization and management of tent foods served by restaurant members as a faire with family and children's activities including live entertainment, craft and art shows, wine tasting and kids' games. The event attracts 50,000 - 75,000 attendees.

    $373,991 spent$228,124 earned by the program
    32% of program spending
  3. Christmas walk - economic development through the promotion of the central business district at the start of the christmas sales season attracting local residents and tourists to walk a recommended route visiting member retailers and local residences decorated in the holiday spirit. Street decorations in the form of lighted christmas trees and wreaths are underwritten by the organization and installed by city workers.

    $235,062 spent$143,381 earned by the program
    20% of program spending
  4. Various other programs and events including a car show and a fine arts show.

    $195,852 spent$119,465 earned by the program
    17% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $1,186,616.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($1.4M) Expenses 100 ($1.3M) Net assets 100 ($549k)2018 Revenue 97 ($1.3M) Expenses 94 ($1.2M) Net assets 120 ($658k)2019 Revenue 94 ($1.3M) Expenses 112 ($1.5M) Net assets 88 ($483k)2020 Revenue 53 ($721k) Expenses 53 ($689k) Net assets 94 ($515k)2021 Revenue 75 ($1.0M) Expenses 82 ($1.1M) Net assets 85 ($467k)2022 Revenue 98 ($1.3M) Expenses 102 ($1.3M) Net assets 72 ($397k)2023 Revenue 126 ($1.7M) Expenses 121 ($1.6M) Net assets 99 ($545k)2024 Revenue 92 ($1.3M) Expenses 123 ($1.6M) Net assets 27 ($149k)2025 Revenue 89 ($1.2M) Expenses 102 ($1.3M) Net assets 7 ($37k)
'17'18'19'20'21'22'23'24'25
Revenue (89)Expenses (102)Net assets (7)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $989k to $456k (−54%).

$779k
$904k
$743k
$953k
$935k
$871k
$989k
$456k
$343k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 5% · 2020 9% · 2021 7% · 2022 2% · 2023 6%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$65k
’17
$109k
’18
−$175k
’19
$32k
’20
−$48k
’21
$7k
’22
$148k
’23
−$341k
’24
−$112k
’25
2.9
months of
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.

Board chair

Michael Olesen

chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed181718181814131515
Joined·+0+1+0+0+2+0+3+0
No longer listed·10006110
03Who funds it

Who funds it, year by year

2022 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $25k → $20k.

Funder
'22
'23
'24*
total
funders
1
2
1

From the IRS filings of GENEVA 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

GENEVA CHAMBER OF COMMERCE leans on a few funders — its largest provides 91% 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

100% 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 GENEVA CHAMBER OF COMMERCE.

91%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2022 100% · 2023 54% — diversifying over time.

“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 GENEVA CHAMBER OF COMMERCE's grant income comes from Illinois funders.

IL

In-state vs out-of-state, by year

’22
’23
Illinois out of state home

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.

04Its place in the field

Organizations like GENEVA 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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 10%Fundraising 1%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for GENEVA 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.

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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 GENEVA CHAMBER OF COMMERCE?
GENEVA CHAMBER OF COMMERCE (Illinois) receives grants from 2 organizations whose IRS filings report $104,500 to it, the largest being Northwestern Memorial HealthCare Group ($95,225). 1 of them have funded it in more than one year.
How many funders does GENEVA CHAMBER OF COMMERCE have?
IRS filings report 2 organizations giving $104,500 in grants to GENEVA CHAMBER OF COMMERCE, 1 of which have funded it in more than one year.
Who is the largest funder of GENEVA CHAMBER OF COMMERCE?
Northwestern Memorial HealthCare Group is the largest funder on record, with $95,225 in grants. The full list of funders is on this page.
How can an organization like GENEVA 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 Geneva 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 2017–2025), 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