Illinois · Nonprofit
SCHAUMBURG BUSINESS ASSOCIATION
SCHAUMBURG BUSINESS ASSOCIATION (Illinois) receives grants from 1 organization whose IRS filings report $15,000 to it, the largest being WOMEN'S BUSINESS DEVELOPMENT CENTER ($15,000). 0 of them have funded it in more than one year.
- Revenue FY2024
- $842k
- Funders on record
- 1
- Grants received
- $15k
- Net assets
- $514k
What Schaumburg Business Association does
Mission
To promote the development of the economic and business environment of the village of schaumburg, illinois.
As stated on its FY2024 Form 990.
Programs
Toast of schaumburg
$40,606 spent5% of program spendingGolf outing
$30,186 spent4% of program spendingSignature wine tasting
$7,301 spent1% of program spendingGood morning schaumburg, coffee and contacts, business after hours, new member orientation, lunch & learn, cabang, signature-challenge, pinewood derby.
$748,479 spentof which $1,026 as grants91% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $826,572.
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. 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 2022 to 2023, from $511k to $615k (+20%).
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.
58% of SCHAUMBURG BUSINESS ASSOCIATION’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. 2 of the last 8 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.
Board chair
Theodore Mcginn
Chair person
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of SCHAUMBURG BUSINESS ASSOCIATION’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.
Where its funders are
100% of SCHAUMBURG BUSINESS ASSOCIATION's grant income comes from Illinois funders.
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
SCHAUMBURG BUSINESS ASSOCIATION is better cushioned than half of the 11,971 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Organizations like SCHAUMBURG BUSINESS ASSOCIATION
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.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for SCHAUMBURG BUSINESS ASSOCIATION: 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 SCHAUMBURG BUSINESS ASSOCIATION?
- SCHAUMBURG BUSINESS ASSOCIATION (Illinois) receives grants from 1 organization whose IRS filings report $15,000 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 SCHAUMBURG BUSINESS ASSOCIATION have?
- IRS filings report 1 organization giving $15,000 in grants to SCHAUMBURG BUSINESS ASSOCIATION.
- Who is the largest funder of SCHAUMBURG BUSINESS ASSOCIATION?
- 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 SCHAUMBURG BUSINESS ASSOCIATION 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 Schaumburg Business Association →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 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