SALEM CHAMBER OF COMMERCE & CIVICS

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1914

Legal Domicile

Principal Officer

RINUS OOSTHOEK

Phone

9787440004

Tax Period

2023-01-01 to 2023-12-31

SALEM CHAMBER OF COMMERCE & CIVICS, founded in 1914, is a small nonprofit that reported $451K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $178K, a strong 39% operating margin.

Mission

THE MISSION OF THE SALEM CHAMBER OF COMMERCE IS TO MAKE SALEM A BETTER PLACE TO LIVE, WORK,AND DO BUSINESS. THE SALEM CHAMBER SERVES AS THE VOICE FOR MEMBER BUSINESSES, REPRESENTING, ADVOCATING AND WORKING TO ENHANCE THE BUSINESS AND CIVIC ENVIROMENT.

Program Service Accomplishments

Program 1

MEMBERSHIP SERVICES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $286,245

Program Service Revenue $160,065

Investment Income $4,693

Other Revenue $0

TOTAL REVENUE $451,003

Expense Breakdown

Grants Paid $0

Salaries & Benefits $129,535

Fundraising Expenses $0

Other Expenses $143,809

TOTAL EXPENSES $273,344

Year-over-Year Comparison

	2023	2022	Change
Revenue	$451,003	$355,515	+0.3%
Expenses	$273,344	$299,709	-0.1%
Net Income	$177,659	$55,806	+2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TINA JORDAN	PRESIDENT AND DIRECTOR	5.00	Officer Director	$0	$0	$0
ROB LIANI	PAST PRESIDENT AND DIRECTO	2.00	Director	$0	$0	$0
SCOTT GROVER	CLERK AND DIRECTOR	5.00	Officer Director	$0	$0	$0
BERNADETTE BUTERFIELD	DIRECTOR EXECUTIVE COMMITT	2.00	Director	$0	$0	$0
JASON CONSALVO	DIRECTOR EXECUTIVE COMMITT	2.00	Director	$0	$0	$0
BETH DEBSKI	DIRECTOR EXECUTIVE COMMITT	2.00	Director	$0	$0	$0
ADRIA DUIJVESTEIJN	DIRECTOR EXECUTIVE COMMITT	2.00	Director	$0	$0	$0
JIM ARMSTRONG	DIRECTOR	2.00	Director	$0	$0	$0
ROBYN BURNS	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER CLOSE	DIRECTOR	2.00	Director	$0	$0	$0
KAREN DAVIS	DIRECTOR	2.00	Director	$0	$0	$0
GINA FLYNN	DIRECTOR	2.00	Director	$0	$0	$0
KATIE DAVIS	DIRECTOR	2.00	Director	$0	$0	$0
JOHN BERRY	DIRECTOR	2.00	Director	$0	$0	$0
NATALIE BLUE	DIRECTOR	2.00	Director	$0	$0	$0
GEORGE CAREY	DIRECTOR	2.00	Director	$0	$0	$0
CLAIRE KALLELIS	DIRECTOR	2.00	Director	$0	$0	$0
JILL GRAY	DIRECTOR	2.00	Director	$0	$0	$0
JOY LIVRAMENTO-BRYANT	DIRECTOR	2.00	Director	$0	$0	$0
SHAWN NEWTON	DIRECTOR	2.00	Director	$0	$0	$0
KAREN SCALIA	DIRECTOR	2.00	Director	$0	$0	$0
DAKOTA RUSSELL	DIRECTOR	2.00	Director	$0	$0	$0
MIKE SPERLING	DIRECTOR	2.00	Director	$0	$0	$0
ASHLEY TINA	DIRECTOR	2.00	Director	$0	$0	$0
NATE TOWNSDEN	DIRECTOR	2.00	Director	$0	$0	$0
JOSH TURIEL	DIRECTOR	2.00	Director	$0	$0	$0
CHIP TUTTLE	DIRECTOR	2.00	Director	$0	$0	$0
RINUS OOSTHOEK	EXECUTIVE DIRECTOR	45.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$451,003	$273,344	$595,685	$177,659
2022	$355,515	$299,709	$480,937	$55,806
2021	$213,768	$241,909	$424,139	$-28,141
2020	$276,009	$240,819	$389,607	$35,190
2019	$310,068	$301,681	$268,657	$8,387
2018	$315,930	$308,460	$249,526	$7,470