BETHLEHEM CHAMBER OF COMMERCE INC (EIN 141597024) - Form 990 Financial Analysis & Trantor Score

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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

1957

Legal Domicile

Principal Officer

TERESA A OLSEN-SPINA

Phone

5184390512

Tax Period

2024-01-01 to 2024-12-31

BETHLEHEM CHAMBER OF COMMERCE INC, founded in 1957, is a small nonprofit that reported $318K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $275K left a modest 13% surplus.

Mission

ENLARGE CIVIC AFFAIRS AND A FRIENDLY RELATIONSHIP BETWEEN BUSINESS AND RESIDENTS; TO PROMOTE INTEGRITY AND GOOD FAITH AND JUST AND HONORABLE PRINCIPLES IN BUSINESS AND INDUSTRY; TO ACQUIRE, PRESERVE AND DISTRIBUTE INDUSTRIAL, COMMERCIAL AND CIVIC STATISTICS AND INFORMATION OF VALUE; AND GENERALLY TO FORWARD THE INTERESTS OF THE TOWN OF BETHLEHEM AND ITS RESIDENTS.

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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 $0

Program Service Revenue $297,826

Investment Income $4

Other Revenue $19,966

TOTAL REVENUE $317,796

Expense Breakdown

Grants Paid $0

Salaries & Benefits $156,339

Fundraising Expenses $0

Program Expenses $274,922

Other Expenses $118,583

TOTAL EXPENSES $274,922

Year-over-Year Comparison

	2024	2023	Change
Revenue	$317,796	$266,416	+0.2%
Expenses	$274,922	$280,552	0.0%
Net Income	$42,874	$-14,136	-4.0%

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

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

$71,269

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRI EGAN	PAST PRESIDE	40.00	Officer	$39,123	$0	$39,123
TERESA A OLSEN-SPINA	CHAMBER PRES	40.00	Officer	$32,146	$0	$32,146
BRIAN BAILEY	BOARD MEMBER	1.00	Director	$0	$0	$0
CARL BECKER	BOARD MEMBER	1.00	Director	$0	$0	$0
TIMOTHY BLAKE	BOARD MEMBER	1.00	Director	$0	$0	$0
VINCE CRISAFULLI	PAST CHAIR	1.00	Officer Director	$0	$0	$0
GREG DEMARCO	SECRETARY	1.00	Officer Director	$0	$0	$0
JOSEPH GIACONE	BOARD MEMBER	1.00	Director	$0	$0	$0
GUINEVERE GORMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN HOGAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JUDI KEHOE	TREASURER	1.00	Officer Director	$0	$0	$0
JAYNE MALONEY	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUG MCCLAINE	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN MCINTYRE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JODY MONROE	BOARD MEMBER	1.00	Director	$0	$0	$0
JON PHILLIPS	BOARD MEMBER	1.00	Director	$0	$0	$0
JONATHAN PHILLIPS	BOARD MEMBER	1.00	Director	$0	$0	$0
SHOHAM PIORENTINO	PAST CHAIR/N	1.00	Officer Director	$0	$0	$0
JESSICA RICHER	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIE SASSO	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBBY SAWYER	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL STEWART	BOARD MEMBER	1.00	Director	$0	$0	$0
GREG TURNER	HONORARY	0.00	Director	$0	$0	$0
JEFF YOUNG	CHAIRMAN	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	$317,796	$274,922	$458,710	$42,874
2023	$266,416	$280,552	$523,741	$-14,136
2022	$261,988	$280,560	$444,410	$-18,572
2021	$271,983	$257,284	$391,820	$14,699
2020	$210,502	$241,901	$195,959	$-31,399
2019	$241,802	$249,799	$220,451	$-7,997
2018	$226,255	$249,783	$158,694	$-23,528

BETHLEHEM CHAMBER OF COMMERCE INC