SOUTH KINGSTOWN CHAMBER OF COMMERCE (EIN 050281475) - 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

1973

Legal Domicile

Principal Officer

Joseph Viele

Phone

4017832801

Tax Period

2025-01-01 to 2025-12-31

SOUTH KINGSTOWN CHAMBER OF COMMERCE, founded in 1973, is a small nonprofit that reported $287K in total revenue in fiscal year 2025. Expenses of $335K exceeded revenue, resulting in a 17% operating deficit.

Mission

The Southern Rhode Island Chamber of Commerce supports and enhances the business community of southern Rhode Island and creates opportunities for the growth and development of its member 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 (2025)

Revenue Breakdown

Contributions & Grants $165,064

Program Service Revenue $55,482

Investment Income $4,670

Other Revenue $61,326

TOTAL REVENUE $286,542

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $200,969

Fundraising Expenses $17,192

Program Expenses $17,192

Other Expenses $131,725

TOTAL EXPENSES $334,694

Year-over-Year Comparison

	2025	2024	Change
Revenue	$286,542	$270,350	+0.1%
Expenses	$334,694	$323,193	+0.0%
Net Income	$-48,152	$-52,843	-0.1%

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

N/A

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
Aaron Gates	CHAIR	1.0	Officer Director	$0	$0	$0
Lynn Wagner	Chair Elect	1.0	Officer Director	$0	$0	$0
Christine Kent	PAST CHAIR	1.0	Officer Director	$0	$0	$0
HOLLY HERNANDEZ	SECRETARY	1.0	Officer Director	$0	$0	$0
Paul Harden	TREASURER	1.0	Officer Director	$0	$0	$0
GEORGE MCAULIFFE	DIRECTOR	1.0	Director	$0	$0	$0
Justin Oakley	Vice Chair	1.0	Officer Director	$0	$0	$0
ROB SULLIVAN	DIRECTOR	1.0	Director	$0	$0	$0
KEN TETZNER	DIRECTOR	1.0	Director	$0	$0	$0
EMILY RIENDEAU	DIRECTOR	1.0	Director	$0	$0	$0
HOLLY MARTIN	DIRECTOR	1.0	Director	$0	$0	$0
STEPHANIE TOOMEY	DIRECTOR	1.0	Director	$0	$0	$0
HALEY ROSE	DIRECTOR	1.0	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	$286,542	$334,694	$644,779	$-48,152
2024	No data	No data	No data	No data
2023	$253,197	$301,469	$722,983	$-48,272
2022	$263,550	$303,222	$757,280	$-39,672
2021	$239,670	$253,737	$557,880	$-14,067
2020	$211,153	$236,867	$535,839	$-25,714
2019	$285,036	$281,348	$552,865	$3,688
2018	$259,697	$261,763	$545,602	$-2,066

SOUTH KINGSTOWN CHAMBER OF COMMERCE