MANHATTAN CHAMBER OF COMMERCE INC

EIN: 132729646

NEW YORK, NY

Total Revenue
$257,949
Total Expenses
$403,078
Total Assets
$919,626
Net Assets
$-601,760
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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
1920
Legal Domicile
NY
Principal Officer
JESSICA WALKER
Phone
2122473787
Tax Period
2024-01-01 to 2024-12-31

MANHATTAN CHAMBER OF COMMERCE INC, founded in 1920, is a small nonprofit that reported $258K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $403K exceeded revenue, resulting in a 56% operating deficit.

Mission

TO ADVOCATE FOR, CONNECT AND EDUCATE THE BUSINESS COMMUNITY OF MANHATTAN

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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 $211,625
Program Service Revenue $45,725
Investment Income $0
Other Revenue $599
TOTAL REVENUE $257,949

Expense Breakdown

Grants Paid $0
Salaries & Benefits $238,487
Fundraising Expenses $0
Program Expenses $125,526
Other Expenses $164,591
TOTAL EXPENSES $403,078

Year-over-Year Comparison

2024 2023 Change
Revenue $257,949 $296,220 -0.1%
Expenses $403,078 $348,026 +0.2%
Net Income $-145,129 $-51,806 +1.8%
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
40
Independent Members
39
Employees
11
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
6
$186,659
Total Directors
36
$186,659
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA WALKER PRESIDENT AN 0.50
Officer Director
$87,877 $0 $186,659
TOM ALLON OFFICER 0.50
Director
$0 $0 $0
JONATHAN BING VICE-PRESIDE 0.50
Officer Director
$0 $0 $0
BETH BRONFMAN OFFICERS 0.50
Director
$0 $0 $0
RALPH BUMBACA OFFICERS 0.50
Director
$0 $0 $0
SUNITA BAJAJ OFFICERS 0.50
Director
$0 $0 $0
KHARY BARNES VICE-PRESIDE 0.50
Officer Director
$0 $0 $0
NICK DEPNER OFFICER 0.50
Director
$0 $0 $0
LANI DOKTORI OFFICERS 0.50
Director
$0 $0 $0
KAI FALKENBERG VICE-PRESIDE 0.50
Officer Director
$0 $0 $0
KIA FLOYD OFFICERS 0.50
Director
$0 $0 $0
FRED GABRIEL OFFICER 0.50
Director
$0 $0 $0
JOSEPH GOLDBERG OFFICER 0.50
Director
$0 $0 $0
WENDY GONZALEZ OFFICER 0.50
Director
$0 $0 $0
ERIC GIOIA OFFICERS 0.50
Director
$0 $0 $0
PAUL HASKIN OFFICER 0.50
Director
$0 $0 $0
ANDREA HIMMEL OFFICER 0.50
Director
$0 $0 $0
CAMILLE JOSEPH OFFICER 0.50
Director
$0 $0 $0
JILL KAPLAN OFFICER 0.50
Director
$0 $0 $0
DEBORAH KOENIGSBERGER OFFICER 0.50
Director
$0 $0 $0
MICHAEL KEMPNER VICE-PRESIDE 0.50
Director
$0 $0 $0
CAROLINE KRETZ VICE PRESIDE 0.50
Director
$0 $0 $0
GEORGE LENCE OFFICER 0.50
Director
$0 $0 $0
MITTI LIEBERSOHN OFFICER 0.50
Director
$0 $0 $0
JILL SIMONSON LUCIANO OFFICER 0.50
Director
$0 $0 $0
TERRENCE MARTELL OFFICER 0.50
Director
$0 $0 $0
MARCIA MAXWELL OFFICER 0.50
Director
$0 $0 $0
ROBERT PATTERSON OFFICER 0.50
Director
$0 $0 $0
JENNIFER PAUTZ OFFICER 0.50
Director
$0 $0 $0
RAMON RAY OFFICER 0.50
Director
$0 $0 $0
MATTHEW ROTHMAN TREASURER 0.50
Director
$0 $0 $0
ROSINA RUBIN OFFICER 0.50
Director
$0 $0 $0
HENRY SIEGEL VICE-PRESIDE 0.50
Director
$0 $0 $0
BEACLARINE THOMAS OFFICER 0.50
Director
$0 $0 $0
ROBERT WALSH SECRETARY 0.50
Officer Director
$0 $0 $0
DON WINTER CHAIRMAN 0.50
Officer 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 $257,949 $403,078 $919,626 $-145,129
2023 $296,220 $348,026 $981,481 $-51,806
2022 $378,136 $335,294 $975,238 $42,842
2021 $435,837 $794,842 $629,702 $-359,005
2020 $255,529 $562,170 $345,738 $-306,641
2019 $691,777 $623,027 $405,588 $68,750
2018 $975,773 $802,402 $283,384 $173,371
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