MAMARONECK 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

1963

Legal Domicile

Principal Officer

MICHAEL MURPHY

Phone

9146301552

Tax Period

2024-01-01 to 2024-12-31

MAMARONECK CHAMBER OF COMMERCE INC, founded in 1963, is a micro nonprofit in the Community Improvement sector that reported $56K in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $17K, a strong 31% operating margin.

Mission

PROMOTE LOCAL BUSINESSES AND THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $27,713

CONDUCTED MONTHLY MEETINGS FOR MEMBERS TO KEEP THEM INFORMED OF PLANNED EVENTS AND PROVIDED A FORUM FOR COMMUNITY LEADERS TO DISCUSS PLANNED ACTIVITIES AFFECTING THE LOCAL BUSINESS COMMUNITY. IN...

CONDUCTED MONTHLY MEETINGS FOR MEMBERS TO KEEP THEM INFORMED OF PLANNED EVENTS AND PROVIDED A FORUM FOR COMMUNITY LEADERS TO DISCUSS PLANNED ACTIVITIES AFFECTING THE LOCAL BUSINESS COMMUNITY. IN ADDITION PROMOTED NETWORKING OPPORTUNITIES TO THE MEMBERS OF THE CHAMBER BY ORGANIZING SOCIAL EVENTS.

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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 $34,710

Program Service Revenue $21,356

Investment Income $0

Other Revenue $0

TOTAL REVENUE $56,066

Expense Breakdown

Grants Paid $1,800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $27,713

Other Expenses $37,063

TOTAL EXPENSES $38,863

Year-over-Year Comparison

	2024	2023	Change
Revenue	$56,066	$32,642	+0.7%
Expenses	$38,863	$48,412	-0.2%
Net Income	$17,203	$-15,770	-2.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHELLY BLAUFEUX	TREASURER	N/A	Director	$0	$0	$0
MICHAEL MURPHY	PRESIDENT	N/A	Director	$0	$0	$0
MICHAEL MURPHY	VICE PRESIDE	N/A	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	$56,066	$38,863	$23,249	$17,203
2023	$32,642	$48,412	$6,046	$-15,770
2022	$61,154	$75,421	$23,741	$-14,267
2021	$89,410	$77,574	$38,008	$11,836
2019	$43,090	$49,886	$5,058	$-6,796