ROME AREA CHAMBER OF COMMERCE INC (EIN 150431860) - Form 990 Financial Analysis & Trantor Score

🔒

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

1912

Legal Domicile

Principal Officer

BRUCE HAIRSTON

Phone

3153371700

Tax Period

2024-06-01 to 2025-05-31

ROME AREA CHAMBER OF COMMERCE INC, founded in 1912, is a small nonprofit that reported $376K in total revenue in fiscal year 2024. Revenue surged 120% from the prior year, signaling strong growth momentum. Expenses of $330K left a modest 12% surplus.

Mission

PROMOTE COMMERCE FOR THE LOCAL AREA.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $57,223

Program Service Revenue $199,825

Investment Income $9,651

Other Revenue $109,090

TOTAL REVENUE $375,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $182,933

Fundraising Expenses $0

Program Expenses $61,900

Other Expenses $147,168

TOTAL EXPENSES $330,101

Year-over-Year Comparison

	2024	2023	Change
Revenue	$375,789	$170,947	+1.2%
Expenses	$330,101	$303,486	+0.1%
Net Income	$45,688	$-132,539	-1.3%

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

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
TIFFANY ABELE	2ND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
NICHOLAS ANGELICOLA	CHAIRMAN	2.00	Officer Director	$0	$0	$0
SCOTT BURNS	DIRECTOR	1.00	Director	$0	$0	$0
WENDY CALABRESE	DIRECTOR	1.00	Director	$0	$0	$0
WELSEY CUPP	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS DESTITO	1ST VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JENNIFER DEWEERTH	PRESIDENT	2.00	Officer Director	$0	$0	$0
LORI FRIEDEN	DIRECTOR	1.00	Director	$0	$0	$0
DEAN SHLOTZHAUER	TREASURER	2.00	Officer Director	$0	$0	$0
MARIA VACCA	DIRECTOR	1.00	Director	$0	$0	$0
BRAD WATERS	DIRECTOR	1.00	Director	$0	$0	$0
SARAH ARMSTRONG	DIRECTOR	1.00	Director	$0	$0	$0
SHELLY MUDRY	DIRECTOR	1.00	Director	$0	$0	$0
MELANIE KEKIS	DIRECTOR	1.00	Director	$0	$0	$0
DREW DEBLASIS	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
2025	$375,789	$330,101	$637,997	$45,688
2024	$170,947	$303,486	$474,478	$-132,539
2023	$259,968	$267,771	$613,860	$-7,803
2022	$289,729	$221,533	$612,317	$68,196
2021	$290,170	$204,465	$536,551	$85,705
2021	$290,170	$189,465	$551,551	$100,705
2020	$259,714	$269,667	$447,105	$-9,953

ROME AREA CHAMBER OF COMMERCE INC