NATIONAL GAY & LESBIAN CHAMBER OF COMMERCE

EIN: 134219714 Community Improvement

WASHINGTON, DC

Total Revenue
$9,457,409
Total Expenses
$8,999,562
Total Assets
$14,376,202
Net Assets
$9,464,755
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
DE
Principal Officer
CHANCE MITCHELL
Phone
2022349181
Tax Period
2023-01-01 to 2023-12-31

NATIONAL GAY & LESBIAN CHAMBER OF COMMERCE, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $9.5M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $9.0M left a modest 5% surplus.

Mission

SEE PART III, LINE 1.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,650,743
Program Service Revenue $3,381,985
Investment Income $221,057
Other Revenue $203,624
TOTAL REVENUE $9,457,409

Expense Breakdown

Grants Paid $1,924,664
Salaries & Benefits $3,213,518
Fundraising Expenses $0
Other Expenses $3,861,380
TOTAL EXPENSES $8,999,562

Year-over-Year Comparison

2023 2022 Change
Revenue $9,457,409 $10,551,828 -0.1%
Expenses $8,999,562 $8,598,302 +0.0%
Net Income $457,847 $1,953,526 -0.8%
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

Sign In

Governance

Voting Members
8
Independent Members
6
Employees
27
Volunteers
17

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
4
$1,227,217
Total Directors
8
$1,227,217
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHANCE MITCHELL CO-FOUNDER, CEO 40.00
Officer Director
$564,300 $57,246 $621,546
JUSTIN NELSON CO-FOUNDER, PRESIDENT 40.00
Officer Director
$562,500 $43,171 $605,671
CAROL ATTAK CHAIRPERSON 2.00
Officer Director
$0 $0 $0
MICHAEL FULLER TREASURER 2.00
Officer Director
$0 $0 $0
MARK BERTOLINI BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL ASHLEY BOARD MEMBER 1.00
Director
$0 $0 $0
NEDRA DICKSON BOARD MEMBER 1.00
Director
$0 $0 $0
VONSHE JENKINS BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY WISNIEWSKI EXECUTIVE VP 40.00
Highest
$187,540 $9,682 $197,222
SABRINA KENT EXECUTIVE VP 40.00
Highest
$184,040 $9,472 $193,512
SEAN FRANKLIN VP 40.00
Highest
$121,054 $0 $121,054
ERASMO SANCHEZ HERRERA VP 40.00
Highest
$108,913 $5,975 $114,888
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 $9,457,409 $8,999,562 $14,376,202 $457,847
2022 $10,551,828 $8,598,302 $15,331,208 $1,953,526
2021 $10,129,984 $5,877,573 $12,358,088 $4,252,411
2020 $6,031,368 $4,876,850 $6,995,617 $1,154,518
2019 $7,751,370 $6,174,965 $4,882,701 $1,576,405
2018 $5,844,568 $5,498,590 $4,246,915 $345,978
Explore More Nonprofits
→Top 100 Nonprofits in District of Columbia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NATIONAL GAY & LESBIAN CHAMBER OF COMMERCE with other nonprofits in District of Columbia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.