Italian American Chamber of Commerce
Public records raise at least one point you should look into before giving.
What it says it does
SEE ATTACHED EXHIBIT DETAILING SPECIFIC ORGANIZATION ACTIVITIES MISSION STATEMENT THE ITALIAN AMERICAN CHAMBER OF COMMERCE - MIDWEST IS A NOT-FOR-PROFIT CORPORATION EXISTING UNDER THE LAWS OF THE STATE OF ILLINOIS BASED IN CHICAGO AND SERVING THE FOLLOWING PURPOSES: TO PROMOTE, FACILITATE, AND PROTECT TRADE RELATIONS BETWEEN THE UNITED STATES AND ITALY. TO PROMOTE THE INTERESTS OF ITALIAN AMERICAN BUSINESSMEN, AND IN PARTICULAR, OUR OWN MEMBERS. TO ENCOURAGE AND GUIDE THE COMMERCIAL AND INDUSTRIAL ASPIRATIONS OF ITALIAN AMERICANS. TO FOSTER AND ENCOURAGE GREATER TRADE DEVELOPMENT BETWEEN THE UNITED STATES AND ITALY. TO PROVIDE AN EXCHANGE OF INFORMATION RELATIVE TO BUSINESS AND COMMERCE OF THE UNITED STATES AND ITALY AND THE POTENTIALITIES OF THEIR DEVELOPMENT. TO COOPERATE AND PARTICIPATE IN ALL MATTERS WHICH MAY CONTRIBUTE TO STRENGTHENING THE BONDS OF FRIENDSHIP BETWEEN THE UNITED STATES AND ITALY. TO STIMULATE THE INTEREST OF ITALIANS IN ITALY, AS WELL AS IN THE UNITED STATES, TOWA
- Income
- $1.5 million
- Spending
- $1.5 million
- Employees
- 2
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- TRADE MISSIONS AND TRADE SHOWS ARE HOSTED TO PROMOTE CIVIC AND BUSINESS ACTIVITIES AND RELATIONSHIPS-SEE DETAIL OF SIGNIFICANT ACTIVITIES IN EXHIBIT I
- NETWORKING EVENTS INCLUDING WORKSHOPS AND SEMEINARS TO PROMOTE CIVIC AND BUSINESS RELATIONSHIPS-SEE DETAIL OF SIGNIFICANT ACTIVITIES IN EXHIBIT I
- ANNUAL GALA EVENTS ARE HOSTED TO SHOWCASE MEMBER BUSINESSES AND THEIR ACCOMPLISHMENTS-SEE DETAIL OF SIGNIFICANT ACTIVITIES IN EXHIBIT I
- TO PROVIDE CIVIC, BUSINESS AND SOCIAL ACTIVITIES-SEE DETAIL OF SIGNIFICANT ACTIVITIES IN EXHIBIT I
- TO PROVIDE CIVIC, BUSINESS AND SOCIAL ACTIVITIES-SEE DETAIL OF SIGNIFICANT ACTIVITIES IN EXHIBIT I
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.