GRANBY-SIMSBURY CHAMBER OF COMMERC… - Form 990 Financial Data

🔒

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

1961

Legal Domicile

Principal Officer

W SCOTT GOETJEN

Phone

8606517307

Tax Period

2023-01-01 to 2023-12-31

GRANBY-SIMSBURY CHAMBER OF COMMERCEINC, founded in 1961, is a small nonprofit that reported $164K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $199K exceeded revenue, resulting in a 21% operating deficit.

Mission

CREATE OPPORTUNITIES FOR OUR MEMBERS TO SUCCEED BY SUPPORTING LOCAL BUSINESS, PROVIDING RESOURCES AND CULTIVATING RELATIONSHIPS.

Program Service Accomplishments

Program 1

Revenue: $1,425

MEETINGS AND CONFERENCES AIDING AND SUPPORTING LOCAL BUSINESSES WITH INFORMATION REGARDING CIVIC EVENTS, LOCAL GOVERNMENT AFFAIRS, PROJECTS AND BUSINESS PRACTICES.

Program 2

Expenses: $4,792 Revenue: $16,522

MEMBER DIRECTORY CONTAINING INFORMATION ON PRODUCTS AND SERVICES OF LOCAL MEMBER BUSINESSES AND CIVIC EVENTS. THE CHAMBER ALSO PROVIDES WEBSITE ADVERTISING FOR ITS MEMBERS.

Program 3

Expenses: $6,296 Revenue: $15,747

BUSINESS LEADERS BREAKFAST SHOWCASES REGIONAL BUSINESS EXECUTIVES AND OTHERS BRINGING ORGANIZATIONAL EXPERIENCE, KNOWLEDGE AND SKILLS TO THE ORGANIZATION'S MEMBERS AND COMMUNITY.

🔒

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 $80,138

Program Service Revenue $33,694

Investment Income $532

Other Revenue $49,946

TOTAL REVENUE $164,310

Expense Breakdown

Grants Paid $3,100

Salaries & Benefits $112,933

Fundraising Expenses $0

Program Expenses $11,088

Other Expenses $83,375

TOTAL EXPENSES $199,408

Year-over-Year Comparison

	2023	2022	Change
Revenue	$164,310	$216,126	-0.2%
Expenses	$199,408	$197,185	+0.0%
Net Income	$-35,098	$18,941	-2.9%

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
DANIEL CORREIA	ASSISTANT SECRETARY	3.00	Officer Director	$0	$0	$0
NANCY SCHEETZ	PRESIDENT	3.00	Officer Director	$0	$0	$0
JOSEPH BEALE	PAST PRESIDENT	3.00	Officer Director	$0	$0	$0
GERRY TONER	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA APPLEBY	DIRECTOR	1.00	Director	$0	$0	$0
PAMELA BRODERICK	SECRETARY	3.00	Officer Director	$0	$0	$0
ISAAC ADAM	DIRECTOR	1.00	Director	$0	$0	$0
TIM BAKER	PAST PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$0	$0
SCOTT GOETJEN	TREASURER	3.00	Officer Director	$0	$0	$0
JAMIE RICE	DIRECTOR	1.00	Director	$0	$0	$0
BERNADETTA EICHNER	DIRECTOR	1.00	Director	$0	$0	$0
SANDY HART	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT EVANS	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE SAVVA	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER BREVIK	DIRECTOR	1.00	Director	$0	$0	$0
LOUIS GEORGE	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
COLIN BOSTIC	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
SCOTT RILEY	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
BOB MARX	PAST PRESIDENT/DIRECTOR	3.00	Officer Director	$0	$0	$0
BRIAN GUARCO	DIRECTOR	1.00	Director	$0	$0	$0
LINDSAY SANCHEZ	DIRECTOR	1.00	Director	$0	$0	$0
DAVE CALIBEY	DIRECTOR	1.00	Director	$0	$0	$0
MARY ANNE GUARCO	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
ANDREW ST ONGE	DIRECTOR	1.00	Director	$0	$0	$0
ROB PANCOAST	DIRECTOR	1.00	Director	$0	$0	$0
KATHY UNGERLEIDER	DIRECTOR	1.00	Director	$0	$0	$0
SALLY RIDER	DIRECTOR	1.00	Director	$0	$0	$0
JAMES CHEN	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE MCGREGOR	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	No data	No data	No data	No data
2023	$164,310	$199,408	$69,498	$-35,098
2022	$216,126	$197,185	$96,730	$18,941
2021	$140,107	$165,029	$110,147	$-24,922
2020	$101,341	$157,869	$115,600	$-56,528
2019	$182,294	$154,466	$180,956	$27,828
2018	$150,994	$145,391	$159,536	$5,603

GRANBY-SIMSBURY CHAMBER OF COMMERCEINC