CHAMBER OF COMMERCE OF THE TONAWANDAS INC (EIN 160371125) - 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

1938

Legal Domicile

Principal Officer

ROBERT PECORARO

Phone

7166925120

Tax Period

2021-01-01 to 2021-12-31

CHAMBER OF COMMERCE OF THE TONAWANDAS INC, founded in 1938, is a small nonprofit that reported $109K in total revenue in fiscal year 2021. The organization ran a surplus of $18K, a strong 16% operating margin.

Mission

THE CHAMBER OF COMMERCE OF THE TONAWANDAS, INC. IS A MEMBER ORGANIZATION THAT PROVIDES A STRONG SOURCE OF SERVICES, SUPPORT AND NETWORKING FOR BUSINESS AND COMMUNITY IN THE TONAWANDAS AND SURROUNDING AREAS. WE CREATE A POSITIVE ENVIRONMENT FOR CONTINUOUS IMPROVEMENT OF OUR BUSINESS CLIMATE THROUGH OUR PROACTIVE INVOLVEMENT WITH GOVERNMENT, COMMUNITY AND EDUCATION LEADERS. WE VIGOROUSLY PROMOTE BUSINESS, ECONOMIC DEVELOPMENT, AND THE COMMUNITY OF OUR TONAWANDAS SERVICE AREA TO ENHANCE THE QUALITY OF LIFE.

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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 (2021)

Revenue Breakdown

Contributions & Grants $100,122

Program Service Revenue $2,609

Investment Income $0

Other Revenue $6,517

TOTAL REVENUE $109,248

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,478

Fundraising Expenses $0

Program Expenses $77,299

Other Expenses $39,766

TOTAL EXPENSES $91,244

Year-over-Year Comparison

	2021	2020	Change
Revenue	$109,248	$102,784	+0.1%
Expenses	$91,244	$105,088	-0.1%
Net Income	$18,004	$-2,304	-8.8%

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

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

$32,723

Total Directors

$32,723

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT PECORARO	PRESIDENT	1.00	Officer Director	$0	$0	$0
THOMAS SCIME	1ST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARGARET HIGGINS	2ND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BEVERLY LOXTERMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
CATHY ODDO	EXECUTIVE DIRECTOR	1.00	Officer Director	$0	$0	$0
SARAH NELSON	DIRECTOR OF MARKETING AND	40.00	Officer Director	$32,723	$0	$32,723
JOSEPH CASSATA	DIRECTOR	1.00	Director	$0	$0	$0
VALERIE CRONIN	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE FERBER	DIRECTOR	1.00	Director	$0	$0	$0
KRISTA VINCE GARLAND	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH JAEGER	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE PILOZZI	DIRECTOR	1.00	Director	$0	$0	$0
COREY ROSSI	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN SURAWSKI	DIRECTOR	1.00	Director	$0	$0	$0
DOUGLAS TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
LAURA WILSON	DIRECTOR	1.00	Director	$0	$0	$0
EVELYN ZUPO	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
2021	$109,248	$91,244	$82,709	$18,004
2020	$102,784	$105,088	$64,223	$-2,304
2019	$138,371	$124,718	$86,716	$13,653
2018	$154,931	$127,423	$73,294	$27,508

CHAMBER OF COMMERCE OF THE TONAWANDAS INC