FINGER LAKES AREA CHAMBER COMMERCE INC GENEVA AREA CHAMBER OF COMMERCE INC

EIN: 160446878

GENEVA, NY

Total Revenue
$201,609
Total Expenses
$212,488
Total Assets
$128,667
Net Assets
$128,667
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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
1982
Legal Domicile
NY
Principal Officer
MEGHAN RODGERS
Phone
3157891776
Tax Period
2023-01-01 to 2023-12-31

FINGER LAKES AREA CHAMBER COMMERCE INC GENEVA AREA CHAMBER OF COMMERCE INC, founded in 1982, is a small nonprofit that reported $202K in total revenue in fiscal year 2023.

Mission

THE GENEVA AREA CHAMBER OF COMMERCE IS A PRIVATE, MEMBERSHIP-BASED ORGANIZATION THAT FOCUSES ON PROMOTING AND REPRESENTING ITS MEMBER BUSINESSES AND PARTNERS BY GENERATING AWARENESS AND EXPOSURE FOR ITS MEMBERS BY SHOWCASING THE PEOPLE, PROPERTY, PRODUCTS, AND SERVICES OF EACH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $123,018
Program Service Revenue $30,221
Investment Income $2,799
Other Revenue $45,571
TOTAL REVENUE $201,609

Expense Breakdown

Grants Paid $0
Salaries & Benefits $168,267
Fundraising Expenses $0
Program Expenses $187,342
Other Expenses $44,221
TOTAL EXPENSES $212,488

Year-over-Year Comparison

2023 2022 Change
Revenue $201,609 N/A N/A
Expenses $212,488 N/A N/A
Net Income $-10,879 N/A N/A
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
12
Independent Members
12
Employees
5
Volunteers
15

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
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIRANDA ODELL President 40.00
$77,078 $0 $77,078
MEGHAN RODGERS Treasurer 1.00
Officer Director
$0 $0 $0
mario fratto Director 1.00
Director
$0 $0 $0
nick massa Director 1.00
Director
$0 $0 $0
SAM SOLOMON Director 1.00
Director
$0 $0 $0
POLLY CLARK VICE CHAIR 1.00
Officer Director
$0 $0 $0
mark varvayanis Chairman 1.00
Officer Director
$0 $0 $0
bob mccarthy EX-OFFICIO 1.00
Director
$0 $0 $0
TAMARA CARTER Director 1.00
Director
$0 $0 $0
NEIL SJOBLOM Director 1.00
Director
$0 $0 $0
ABIGAIL HANSEN Director 1.00
Director
$0 $0 $0
KELSEY JOURNELL Director 1.00
Director
$0 $0 $0
ANTHONY VALERIO 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 No data No data No data No data
2024 No data No data No data No data
2023 $201,609 $212,488 $128,667 $-10,879
2021 $180,580 $161,854 $116,158 $18,726
2021 $180,580 $150,546 $138,222 $30,034
2020 $225,197 $187,700 $97,432 $37,497
2019 $191,916 $195,903 $59,935 $-3,987
2018 $192,608 $162,354 $63,677 $30,254
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