THE GREATER VALLEY CHAMBER OF COMMERCE (EIN 060793093) - 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

1964

Legal Domicile

Principal Officer

WILLIAM PURCELL

Phone

2039254981

Tax Period

2024-01-01 to 2024-12-31

THE GREATER VALLEY CHAMBER OF COMMERCE, founded in 1964, is a small nonprofit that reported $451K in total revenue in fiscal year 2024.

Mission

THE GREATER VALLEY CHAMBER OF COMMERCE REPRESENTS COMMUNITIES OF ANSONIA, BEACON FALLS, DERBY, OXFORD, SEYMOUR, SHELTON, AND THE SURROUNDING AREAS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $451,006

Investment Income $71

Other Revenue $0

TOTAL REVENUE $451,077

Expense Breakdown

Grants Paid $0

Salaries & Benefits $212,972

Fundraising Expenses $0

Other Expenses $238,771

TOTAL EXPENSES $451,743

Year-over-Year Comparison

	2024	2023	Change
Revenue	$451,077	$438,611	+0.0%
Expenses	$451,743	$490,427	-0.1%
Net Income	$-666	$-51,816	-1.0%

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

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

$93,262

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT LESKO	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
JENNIFER BULL	TREASURER	1.00	Officer Director	$0	$0	$0
TOM BURDEN	DIRECTOR	1.00	Director	$0	$0	$0
BING CARBONE	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK CHARMEL	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN FOLEY	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT HANNAGAN	DIRECTOR	1.00	Director	$0	$0	$0
TOM HAYNES	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIANA JONES	DIRECTOR	1.00	Director	$0	$0	$0
LAURA KRAUSS	DIRECTOR	1.00	Director	$0	$0	$0
KATIE KEENEY	DIRECTOR THRU 6/14/2024	1.00	Director	$0	$0	$0
KEN KREIGER	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE LOGAN	DIRECTOR	1.00	Director	$0	$0	$0
GARY LANE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MARAFITO	DIRECTOR	1.00	Director	$0	$0	$0
DAN MCALOON	DIRECTOR	1.00	Director	$0	$0	$0
JOE PINTO	DIRECTOR	1.00	Director	$0	$0	$0
RAMON PERALTA	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY RADTKE	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA SCHENKLE	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE SOFFERMAN	DIRECTOR	1.00	Director	$0	$0	$0
ROB SCINTO	DIRECTOR	1.00	Director	$0	$0	$0
DEBRA SAMORAJCZYK	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL SCIAMANNA	DIRECTOR	1.00	Director	$0	$0	$0
KENNETH WEINSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM PURCELL	EXECUTIVE DIRECTOR	40.00	Officer	$93,262	$0	$93,262

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	$451,077	$451,743	$160,803	$-666
2023	$438,611	$490,427	$167,339	$-51,816
2022	$546,395	$458,707	$229,652	$87,688
2021	$407,719	$390,297	$167,425	$17,422
2020	$336,011	$270,998	$132,879	$65,013
2019	$418,835	$407,154	$71,278	$11,681
2018	$432,335	$429,799	$56,531	$2,536

THE GREATER VALLEY CHAMBER OF COMMERCE