Northwest Ottawa Economic Development Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE PURPOSE OF THE NORTHWEST OTTAWA CHAMBER OF COMMERCE FOUNDATION IS TO RECEIVE AND ADMINISTER FUNDS AND OPERATE FOR EDUCATIONAL, CULTURAL, AND CHARITABLE PURPOSES.
- Income
- $139,424
- Spending
- $118,574
- Spent on programs
- 87%
- Reserves
- -5.9 months of spending
- Largest source of income
- fees for its services, 56%
- Employees
- 0
- Volunteers
- 46
- Highest pay
- $114,664, president
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 55 out of 100. Higher than 25% of charities in its peer group (community improvement, under $250k).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 40% of what it owns.
Living within its means
15 of 15Income exceeded spending by 15% of income.
Income trend
15 of 15Income rose 116% on the year before.
Spending floor
15 of 1587% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 86 out of 100. Higher than 77% of charities in its peer group (community improvement, under $250k).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. 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 (2)
- $84,616 spent. THE CHAMBER FOUNDATION HOSTS LEADERSHIP CONNECT AS A PROFESSIONAL DEVELOPMENT PROGRAM TO BUILD LEADERSHIP SKILLS AND INCREASE CIVIC KNOWLEDGE AND ENGAGEMENT FOR EMPLOYEES OF LOCAL BUSINESSES.
- $18,546 spent. THE CHAMBER FOUNDATION SUPPORTS WORKFORCE AND TALENT DEVELOPMENT THROUGH BUSINESS EDUCATION PARTNERSHIPS WITH LOCAL SCHOOL DISTRICTS AND HOSTS AN ANNUAL CAREER EXPLORATION EVENT (BOOMERANG) FOR HIGH SCHOOL JUNIORS AND SENIORS THROUGHOUT NORTHWEST OTTAWA COUNTY.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. 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)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending March 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1994.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 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.