CHESHIRE CHAMBER OF COMMERCE INC

EIN: 060915113

CHESHIRE, CT

Total Revenue
$274,445
Total Expenses
$271,081
Total Assets
$199,930
Net Assets
$127,177
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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
1974
Legal Domicile
CT
Principal Officer
YETTA AUGUR
Phone
2032722345
Tax Period
2024-01-01 to 2024-12-31

CHESHIRE CHAMBER OF COMMERCE INC, founded in 1974, is a small nonprofit that reported $274K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE THE BUSINESS COMMUNITY AND ECONOMIC DEVELOPMENT IN THE TOWN OF CHESHIRE CONNECTICUT.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,000
Program Service Revenue $207,136
Investment Income $5,291
Other Revenue $52,018
TOTAL REVENUE $274,445

Expense Breakdown

Grants Paid $0
Salaries & Benefits $138,845
Fundraising Expenses $0
Other Expenses $132,236
TOTAL EXPENSES $271,081

Year-over-Year Comparison

2024 2023 Change
Revenue $274,445 $233,180 +0.2%
Expenses $271,081 $245,216 +0.1%
Net Income $3,364 $-12,036 -1.3%
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

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Governance

Voting Members
13
Independent Members
13
Employees
5
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
5
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YETTA AUGUR PRESIDENT 40.00
Officer Director
$0 $0 $0
PHIL NEWTON CHAIRMAN 10.00
Officer Director
$0 $0 $0
CHRISTINE WIUM VICE CHAIRWO 5.00
Officer Director
$0 $0 $0
PAUL RANANDO TREASURER 5.00
Officer Director
$0 $0 $0
SAM RATNER SECRETARY 5.00
Officer Director
$0 $0 $0
THOMAS ARISCO DIRECTOR 2.00
Director
$0 $0 $0
JENNIFER MILLEA DIRECTOR 2.00
Director
$0 $0 $0
RICH FERRARO DIRECTOR 2.00
Director
$0 $0 $0
KATIE BARRY DIRECTOR 2.00
Director
$0 $0 $0
JOHN BOWMAN DIRECTOR 2.00
Director
$0 $0 $0
MANDY MILLER DIRECTOR 2.00
Director
$0 $0 $0
DAVID HALL DIRECTOR 2.00
Director
$0 $0 $0
JODI BEMIS DIRECTOR 2.00
Director
$0 $0 $0
KELSEY LANG 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
2024 $274,445 $271,081 $199,930 $3,364
2023 $233,180 $245,216 $185,037 $-12,036
2022 $249,453 $229,463 $169,581 $19,990
2021 $246,869 $173,497 $269,165 $73,372
2020 $186,265 $157,608 $180,950 $28,657
2019 $231,891 $227,157 $73,742 $4,734
2018 $246,478 $239,905 $48,554 $6,573
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