SPRINGFIELD REGIONAL CHAMBER OF COMMERCE INC

EIN: 042281920

SPRINGFIELD, MA

Total Revenue
$669,778
Total Expenses
$620,044
Total Assets
$791,574
Net Assets
$554,485
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
MA
Principal Officer
DIANA SZYNAL
Phone
4137871555
Tax Period
2023-07-01 to 2024-06-30

SPRINGFIELD REGIONAL CHAMBER OF COMMERCE INC, founded in 1961, is a small nonprofit that reported $670K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $620K left a modest 7% surplus.

Mission

TO PROMOTE, SUPPORT AND ENHANCE THE ECONOMIC HEALTH OF THE GREATER SPRINGFIELD AREA.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $632,534
Investment Income $20,882
Other Revenue $16,362
TOTAL REVENUE $669,778

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $158,815
Other Expenses $620,044
TOTAL EXPENSES $620,044

Year-over-Year Comparison

2023 2022 Change
Revenue $669,778 $560,530 +0.2%
Expenses $620,044 $443,355 +0.4%
Net Income $49,734 $117,175 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
26
Independent Members
26
Employees
N/A
Volunteers
85

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
5
$0
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA-JEAN DELORIA CHAIRMAN 0.50
Officer Director
$0 $0 $0
PATRICK LEARY TREASURER 0.50
Officer Director
$0 $0 $0
JEFFREY FIALKY SECRETARY 0.50
Officer Director
$0 $0 $0
ELLEN CUMMINGS DIRECTOR 0.50
Director
$0 $0 $0
ALAN POPP VICE-CHAIRMAN 0.50
Officer Director
$0 $0 $0
MEGHAN SULLIVAN DIRECTOR 0.50
Director
$0 $0 $0
JENNY MACKAY DIRECTOR 0.50
Director
$0 $0 $0
DAWN DISTEFANO DIRECTOR 0.50
Director
$0 $0 $0
JOHN PEREZ DIRECTOR 0.50
Director
$0 $0 $0
BEN CRAFT DIRECTOR 0.50
Director
$0 $0 $0
MADELINE LANDRAU DIRECTOR 0.50
Director
$0 $0 $0
MIKE KNAPIK DIRECTOR 0.50
Director
$0 $0 $0
JOE MITCHELL DIRECTOR 0.50
Director
$0 $0 $0
TOM KUBACKI DIRECTOR 0.50
Director
$0 $0 $0
JASON RANDALL DIRECTOR 0.50
Director
$0 $0 $0
DANIEL KEENAN DIRECTOR 0.50
Director
$0 $0 $0
LISA GRENIER DIRECTOR 0.50
Director
$0 $0 $0
LISA CRINELLA DIRECTOR 0.50
Director
$0 $0 $0
ALLISON EBNER DIRECTOR THRU 6/30/2024 0.50
Director
$0 $0 $0
KATISHIA GALLISHAW DIRECTOR 0.50
Director
$0 $0 $0
DENISE JORDAN DIRECTOR 0.50
Director
$0 $0 $0
LYNN IRELAND DIRECTOR 0.50
Director
$0 $0 $0
ANDREA HILL CATALDO DIRECTOR 0.50
Director
$0 $0 $0
PATRICK HEBDA DIRECTOR THRU 10/1/2023 0.50
Director
$0 $0 $0
GRETCHEN HALASAI-KUN DIRECTOR 0.50
Director
$0 $0 $0
TIMOTHY CHRYSTAL DIRECTOR 0.50
Director
$0 $0 $0
KATHY MARTIN DIRECTOR THRU 10/1/2023 0.50
Director
$0 $0 $0
DIANA SZYNAL PRESIDENT 37.00
Officer
$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
2025 No data No data No data No data
2024 $669,778 $620,044 $791,574 $49,734
2023 $560,530 $443,355 $735,441 $117,175
2022 $411,647 $405,427 $621,277 $6,220
2021 $435,443 $372,878 $664,173 $62,565
2020 $558,662 $562,898 $596,981 $-4,236
2019 $698,691 $668,359 $582,378 $30,332
2018 $674,332 $664,488 $603,110 $9,844
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