Calumet Area Industrial Commission
EIN: 362647579 · Chicago, IL · NTEE: J20Z
| Metric | Value |
|---|---|
| Total Revenue | $5.6M |
| Total Expenses | $2.9M |
| Net Assets | $627K |
Is Calumet Area Industrial Commission Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Calumet Area Industrial Commission
Calumet Area Industrial Commission (EIN: 362647579) is a nonprofit organization based in Chicago, IL, classified under NTEE code J20Z. The organization reported total revenue of $5.6M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Calumet Area Industrial Commission's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Calumet Area Industrial Commission is a mid-size nonprofit that has been operating for 31 years, with 10 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 25.0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $2.9M |
| Surplus / Deficit | +$231K |
| Total Assets | $970K |
| Total Liabilities | $343K |
| Net Assets | $627K |
| Operating Margin | 7.4% |
| Debt-to-Asset Ratio | 35.3% |
| Months of Reserves | 4.0 months |
Financial Health Grade: A
In 2021, Calumet Area Industrial Commission reported a surplus of $231K with revenue exceeding expenses, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 35.3% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2021), Calumet Area Industrial Commission's revenue has grown at a compound annual growth rate (CAGR) of 25.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +53.9% | +46.3% | +64.9% |
| 2019 | -4.4% | -2.2% | -5.4% |
| 2018 | +20.3% | +23.9% | +116.9% |
| 2017 | +24.1% | +13.9% | +14.9% |
| 2016 | -7.7% | -5.9% | -35.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Calumet Area Industrial Commission has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Calumet Area Industrial Commission with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $231K, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.3%.
Frequently Asked Questions about Calumet Area Industrial Commission
Is Calumet Area Industrial Commission a legitimate charity?
Calumet Area Industrial Commission (EIN: 362647579) is a registered tax-exempt nonprofit based in Illinois. It has 10 years of IRS 990 filings on record. Total revenue: $5.6M. No red flags identified. Financial health grade: A.
How does Calumet Area Industrial Commission spend its money?
Calumet Area Industrial Commission reported $5.6M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Calumet Area Industrial Commission tax-deductible?
Calumet Area Industrial Commission is registered as a tax-exempt nonprofit (EIN: 362647579). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Calumet Area Industrial Commission located?
Calumet Area Industrial Commission is headquartered in Chicago, Illinois and files with the IRS under EIN 362647579. It is classified under NTEE code J20Z.
How many years of IRS 990 filings does Calumet Area Industrial Commission have?
Calumet Area Industrial Commission has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.6M in total revenue.
Filing History
IRS 990 filing history for Calumet Area Industrial Commission showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2021), Calumet Area Industrial Commission's revenue has grown by 833.7%, moving from $335K to $3.1M. Total assets increased by 2106.5% over the same period, from $44K to $970K. Total functional expenses rose by 734.1%, from $348K to $2.9M. In its most recent filing year (2021), Calumet Area Industrial Commission reported a surplus of $231K, with revenue exceeding expenses. The organization holds $343K in liabilities against $970K in assets (debt-to-asset ratio: 35.3%), resulting in net assets of $627K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $3.1M | $2.9M | $970K | $343K | — | View 990 |
| 2019 | $2.0M | $2.0M | $588K | $252K | — | View 990 |
| 2018 | $2.1M | $2.0M | $622K | $337K | — | View 990 |
| 2017 | $1.8M | $1.6M | $287K | $102K | — | View 990 |
| 2016 | $1.4M | $1.4M | $250K | $198K | — | View 990 |
| 2015 | $1.5M | $1.5M | $388K | $324K | — | View 990 |
| 2014 | $986K | $971K | $162K | $116K | — | View 990 |
| 2013 | $605K | $592K | $138K | $106K | — | View 990 |
| 2012 | $564K | $556K | $124K | $105K | — | View 990 |
| 2011 | $335K | $348K | $44K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $3.1M, expenses of $2.9M, and assets of $970K (revenue +53.9% year-over-year).
- 2019: Revenue of $2.0M, expenses of $2.0M, and assets of $588K (revenue -4.4% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.0M, and assets of $622K (revenue +20.3% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.6M, and assets of $287K (revenue +24.1% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $250K (revenue -7.7% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.5M, and assets of $388K (revenue +56.5% year-over-year).
- 2014: Revenue of $986K, expenses of $971K, and assets of $162K (revenue +62.9% year-over-year).
- 2013: Revenue of $605K, expenses of $592K, and assets of $138K (revenue +7.2% year-over-year).
- 2012: Revenue of $564K, expenses of $556K, and assets of $124K (revenue +68.3% year-over-year).
- 2011: Revenue of $335K, expenses of $348K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Calumet Area Industrial Commission:
Data Sources and Methodology
This transparency report for Calumet Area Industrial Commission is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.