GREATER DANBURY CHAMBER OF COMMERCE INC (EIN 060608502) - Form 990 Financial Analysis & Trantor Score

🔒

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

1915

Legal Domicile

Principal Officer

MAURA RUBY

Phone

2037435565

Tax Period

2023-10-01 to 2024-09-30

GREATER DANBURY CHAMBER OF COMMERCE INC, founded in 1915, is a small nonprofit that reported $583K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATION IS A LOCAL CHAMBER OF COMMERCE. THE CHAMBER ATTEMPTS TO STIMULATE GROWTH OF BUSINESSES IN THE GREATER DANBURY, CONNECTICUT AREA.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $194,125

Program Service Revenue $348,301

Investment Income $351

Other Revenue $40,010

TOTAL REVENUE $582,787

Expense Breakdown

Grants Paid $0

Salaries & Benefits $299,102

Fundraising Expenses $0

Program Expenses $505,897

Other Expenses $341,128

TOTAL EXPENSES $640,230

Year-over-Year Comparison

	2023	2022	Change
Revenue	$582,787	$538,312	+0.1%
Expenses	$640,230	$530,909	+0.2%
Net Income	$-57,443	$7,403	-8.8%

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
MARTIN MORGADO	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DOUG POLISTENA	VICE-CHAIRMAN	1.00	Officer Director	$0	$0	$0
ANTHONY CIRONE	TREASURER	1.00	Officer Director	$0	$0	$0
TODD INGERSOLL	SECRETARY	1.00	Officer Director	$0	$0	$0
JENNIFER CURRAN	IMMEDIATE PAST CHAIRMAN	1.00	Officer Director	$0	$0	$0
HARRY CAREY	DIRECTOR	1.00	Director	$0	$0	$0
PAULA BOA SOUSA	DIRECTOR	1.00	Director	$0	$0	$0
ERIN BYRNE	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH DASILVA JR	DIRECTOR	1.00	Director	$0	$0	$0
DAN SOUSA	DIRECTOR	1.00	Director	$0	$0	$0
CHELEN REYES	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE JAMES	DIRECTOR	1.00	Director	$0	$0	$0
HAL KURFEHS	DIRECTOR	1.00	Director	$0	$0	$0
JEFF LEVINE	DIRECTOR	1.00	Director	$0	$0	$0
RICHIE REYES	DIRECTOR	1.00	Director	$0	$0	$0
ROSS RIZZO	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN GIBNEY	DIRECTOR	1.00	Director	$0	$0	$0
THAMER RUSHAIDAT	DIRECTOR	1.00	Director	$0	$0	$0
GREG STEINER	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
2024	$582,787	$640,230	$621,008	$-57,443
2023	$538,312	$530,909	$320,024	$7,403
2022	$478,018	$480,942	$298,845	$-2,924
2021	$444,036	$341,664	$272,610	$102,372
2020	$436,872	$420,109	$176,415	$16,763
2019	$405,774	$491,839	$149,252	$-86,065
2018	$380,565	$387,232	$214,393	$-6,667

GREATER DANBURY CHAMBER OF COMMERCE INC