THE CHAMBER OF COMMERCE INC

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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

1981

Legal Domicile

Principal Officer

DIANE NADEAU

Phone

8604236389

Tax Period

2020-01-01 to 2020-12-31

THE CHAMBER OF COMMERCE INC, founded in 1981, is a micro nonprofit that reported $78K in total revenue in fiscal year 2020. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $95K exceeded revenue, resulting in a 21% operating deficit.

Mission

THE CHAMBER OF COMMERCE EXERCISES A LEADERSHIP ROLE IN THEIR GEOGRAPHIC REGION BY WORKING WITH ITS MEMBERS TO BUILD AND SUPPORT THE REGIONAL ECONOMY, AS WELL AS SUPPORTING ECONOMIC GROWTH AND INTEREST OF THE BUSINESS COMMUNITY.

Program Service Accomplishments

Program 1

THE CHAMBER OF COMMERCE EXCERCISEES A LEADERSHIP ROLE IN THEIR GEOGRAPHIC REGION BY WORKING WITH ITS MEMBERS TO BUILD AND SUPPORT TH REGIONAL ECONOMY, AS WELL AS SUPPORTING ECONOMIC GROWTH AND...

THE CHAMBER OF COMMERCE EXCERCISEES A LEADERSHIP ROLE IN THEIR GEOGRAPHIC REGION BY WORKING WITH ITS MEMBERS TO BUILD AND SUPPORT TH REGIONAL ECONOMY, AS WELL AS SUPPORTING ECONOMIC GROWTH AND INTERST OF THE BUSINESS COMMUNITY

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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 (2020)

Revenue Breakdown

Contributions & Grants $67,417

Program Service Revenue $0

Investment Income $10

Other Revenue $10,916

TOTAL REVENUE $78,343

Expense Breakdown

Grants Paid $0

Salaries & Benefits $39,579

Fundraising Expenses $0

Other Expenses $55,360

TOTAL EXPENSES $94,939

Year-over-Year Comparison

	2020	2019	Change
Revenue	$78,343	$164,953	-0.5%
Expenses	$94,939	$148,550	-0.4%
Net Income	$-16,596	$16,403	-2.0%

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

N/A

Independent Members

N/A

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
ANTHONY RAGGI	CHAIRMAN	5.00	Officer Director	$0	$0	$0
KEN CAPUTO	VICE CHAIR	5.00	Officer Director	$0	$0	$0
CHRIS NOVACK	SECRETARY	5.00	Officer Director	$0	$0	$0
BEN VAN RHEEN	TREASURER	5.00	Officer Director	$0	$0	$0
JIM BELLANO	DIRECTOR	2.00	Director	$0	$0	$0
LENNY PATERA	DIRECTOR	2.00	Director	$0	$0	$0
DAN MCCLINTOCK	DIRECTOR	2.00	Director	$0	$0	$0
SUE BARRETT	DIRECTOR	2.00	Director	$0	$0	$0
RYAN ROSE	DIRECTOR	2.00	Director	$0	$0	$0
CARL SANDERS	DIRETOR	2.00	Director	$0	$0	$0
MIKE CARON	DIRECTOR	2.00	Director	$0	$0	$0
ROGER NADEAU	DIRECTOR	2.00	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
2020	$78,343	$94,939	$79,846	$-16,596
2019	$140,681	$148,550	$91,896	$-7,869