GREATER LOWELL CHAMBER OF COMMERCE INC (EIN 043258590) - Form 990 Financial Analysis & Trantor Score

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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

1995

Legal Domicile

Principal Officer

DANIELLE MCFADDEN

Phone

9784598154

Tax Period

2022-07-01 to 2023-06-30

GREATER LOWELL CHAMBER OF COMMERCE INC, founded in 1995, is a small nonprofit that reported $319K in total revenue in fiscal year 2022. Revenue decreased 9% compared to the prior year. Expenses of $295K left a modest 7% surplus.

Mission

PROMOTING AND SHAPING THE FUTURE GROWTH OF GREATER LOWELL'S AREA BUSINESSES.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $21,500

Program Service Revenue $172,417

Investment Income $121

Other Revenue $124,699

TOTAL REVENUE $318,737

Expense Breakdown

Grants Paid $0

Salaries & Benefits $190,141

Fundraising Expenses $0

Other Expenses $105,355

TOTAL EXPENSES $295,496

Year-over-Year Comparison

	2022	2021	Change
Revenue	$318,737	$348,614	-0.1%
Expenses	$295,496	$343,353	-0.1%
Net Income	$23,241	$5,261	+3.4%

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

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

$107,016

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIELLE MCFADDEN	PRESIDENT	40.00	Officer	$88,230	$18,786	$107,016
KRISTEN LAURIN	VICE CHAIRWO	5.00	Officer Director	$0	$0	$0
PATTY COFFEY	DIRECTOR	2.00	Director	$0	$0	$0
GARY YIN	DIRECTOR	2.00	Director	$0	$0	$0
SOPHAN SMITH	DIRECTOR	2.00	Director	$0	$0	$0
ROBERTA BARNES	CHAIRWOMAN	5.00	Officer Director	$0	$0	$0
ANGELA STRUNK	DIRECTOR	5.00	Director	$0	$0	$0
CHRIS BASSETT	DIRECTOR	2.00	Director	$0	$0	$0
CYNTHIA SMITH	SECRETARY	5.00	Officer Director	$0	$0	$0
DEBBIE CALLERY	IMMEDIATE PA	5.00	Officer Director	$0	$0	$0
DOT RICHARDS	DIRECTOR	2.00	Director	$0	$0	$0
JOANNE DENNISON	DIRECTOR	2.00	Director	$0	$0	$0
ERIKA JERRAM	DIRECTOR	2.00	Officer Director	$0	$0	$0
RACHEL POLIZZOTTI	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT WHEELER	DIRECTOR	2.00	Director	$0	$0	$0
HENRY MARTE	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER RIVERA-CITRON	DIRECTOR	2.00	Director	$0	$0	$0
LARRY ESTELLE	DIRECTOR	2.00	Director	$0	$0	$0
VICHTCHA KONG	DIRECTOR	2.00	Director	$0	$0	$0
ALISON HUGHES	DIRECTOR	5.00	Director	$0	$0	$0
LISA TUZZOLO	DIRECTOR	2.00	Director	$0	$0	$0
DANIEL ESDALE	DIRECTOR	5.00	Director	$0	$0	$0
ANA ST LOUIS	DIRECTOR	2.00	Director	$0	$0	$0
SANDRA MENESES	DIRECTOR	2.00	Director	$0	$0	$0
PATTY WILSON	DIRECTOR	5.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$318,737	$295,496	$274,174	$23,241
2022	$348,614	$343,353	$260,764	$5,261
2021	$335,617	$269,195	$245,639	$66,422
2020	$284,317	$265,822	$179,238	$18,495
2019	$289,073	$288,244	$155,447	$829
2018	$286,441	$289,613	$144,090	$-3,172

GREATER LOWELL CHAMBER OF COMMERCE INC