NEW BRITAIN CHAMBER OF COMMERCE

🔒

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

1977

Legal Domicile

Phone

8602291665

Tax Period

2024-07-01 to 2025-06-30

NEW BRITAIN CHAMBER OF COMMERCE, founded in 1977, is a small nonprofit that reported $151K in total revenue in fiscal year 2024. The organization ran a surplus of $30K, a strong 20% operating margin.

Mission

SERVING THE COMMUNITY PROVIDING MARKETING AND BENEFITS TO BUSINESSES, PROMOTING & STRENGTHENING THE BUSINESSES IN THE GREATER NEW BRITAIN/BERLIN AREA.

Program Service Accomplishments

Program 1

Expenses: $5,494 Revenue: $5,780

THE CHAMBER PROVIDES MARKETING AND BENEFITS TO OVER 350 MEMBERS. IN ADDITION IT HOSTS NUMEROUS BUSINESS AFTER HOUR EVENTS AS WELL AS OTHER NETWORKING OPPORTUNITIES TO ITS MEMBERS THROUGHOUT THE YEAR.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $85,869

Program Service Revenue $0

Investment Income $1,839

Other Revenue $63,327

TOTAL REVENUE $151,035

Expense Breakdown

Grants Paid $1,138

Salaries & Benefits $59,429

Fundraising Expenses $0

Program Expenses $5,494

Other Expenses $60,709

TOTAL EXPENSES $121,276

Year-over-Year Comparison

	2024	2023	Change
Revenue	$151,035	$150,183	+0.0%
Expenses	$121,276	$126,137	0.0%
Net Income	$29,759	$24,046	+0.2%

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
TRACEY MADDEN-HENNESSEY	CHAIRMAN	5.00	Officer Director	$0	$0	$0
HUNTER MATHENA	PRESIDENT	20.00	Officer Key Emp	$0	$0	$0
JOHN MILLER	TREASURER	3.00	Officer Director	$0	$0	$0
ANTONELLA CALABRESE	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
RONALD BUCILLI	DIRECTOR	1.00	Director	$0	$0	$0
MARZENA BUKOWSKI	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE BOSCO	DIRECTOR	1.00	Director	$0	$0	$0
SAMUEL CARMODY	DIRECTOR	1.00	Director	$0	$0	$0
KELLY WALSH	DIRECTOR	1.00	Director	$0	$0	$0
LAURIE RUDMAN	DIRECTOR	1.00	Director	$0	$0	$0
ED KLONOSKI	DIRECTOR	1.00	Director	$0	$0	$0
DREW HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID OBEDZINSKI	DIRECTOR	1.00	Director	$0	$0	$0
DONALD SAGARINO	DIRECTOR	1.00	Director	$0	$0	$0
HUASCAR BEATO	DIRECTOR	1.00	Director	$0	$0	$0
JOANNE HUMEN	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD DIGHELLO	DIRECTOR	1.00	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	$151,035	$121,276	$145,094	$29,759
2024	$150,183	$126,137	$105,899	$24,046
2023	$148,793	$158,328	$79,481	$-9,535
2022	$179,381	$196,387	$88,587	$-17,006
2021	$156,809	$195,660	$156,501	$-38,851