AMHERST CHAMBER OF COMMERCE INC (EIN 160959485) - 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

AJ BAYNES

Phone

7166326905

Tax Period

2023-01-01 to 2023-12-31

AMHERST CHAMBER OF COMMERCE INC, founded in 1957, is a small nonprofit that reported $810K in total revenue in fiscal year 2023.

Mission

THE MISSION IS TO NURTURE A STRONG ECONOMIC ENVIRONMENT IN WNY, WHILE PROVIDING MEMBERS ACCESS TO ECONOMIC DEVELOPMENT & PUBLIC POLICY INITIATIVES, WORKFORCE DEVELOPMENT, PROFESSIONAL NETWORKING, EDUCATION, AND TRAINING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $530,631

Program Service Revenue $268,928

Investment Income $15,813

Other Revenue $-5,131

TOTAL REVENUE $810,241

Expense Breakdown

Grants Paid $0

Salaries & Benefits $560,425

Fundraising Expenses $0

Program Expenses $11,155

Other Expenses $226,323

TOTAL EXPENSES $786,748

Year-over-Year Comparison

	2023	2022	Change
Revenue	$810,241	$817,057	0.0%
Expenses	$786,748	$780,422	+0.0%
Net Income	$23,493	$36,635	-0.4%

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

$243,453

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDY DAVIS	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNE CONSTANTINO	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID FLYNN	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID MINGOIA	BOARD MEMBER	1.00	Director	$0	$0	$0
EARL V WELLS III	BOARD MEMBER	1.00	Director	$0	$0	$0
ELENA MENDEL	TREASURER	1.00	Officer Director	$0	$0	$0
ELIZABETH CAREY	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANK LOTEMPIO III	BOARD MEMBER	1.00	Director	$0	$0	$0
HOLLY HUBERT	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF PANZA	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN GAVIGAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JUDY BAUMGARTNER	BOARD MEMBER	1.00	Director	$0	$0	$0
KEN PAWLAK	BOARD MEMBER	1.00	Director	$0	$0	$0
KYLE CIMINELLI	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURA ZAEPFEL	BOARD MEMBER	1.00	Director	$0	$0	$0
LUIS RODRIGUEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
LUKE WOEPPEL	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK GAULIN	CHAIR	1.00	Officer Director	$0	$0	$0
MICHAEL A ANDERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL PIETKIEWICZ	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL COLEMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
PETE PETRELLA	SECRETARY	1.00	Officer Director	$0	$0	$0
RACHAEL BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
RICH ARGENTIERI	BOARD MEMBER	1.00	Director	$0	$0	$0
SAL SCIANDRA	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE BERTINI	BOARD MEMBER	1.00	Director	$0	$0	$0
WALT LUDWIG	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM P JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRYSTIE BARKER	BOARD MEMBER	1.00	Director	$0	$0	$0
JODY BRIANDI	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANK M COMISSO	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURA DOLAN	BOARD MEMBER	1.00	Director	$0	$0	$0
BRENDAN LITTLE	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL VALLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
AJ WRIGHT	BOARD MEMBER	1.00	Director	$0	$0	$0
DR NAVYUGJIT VIRK	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNA KAVANAUGH	BOARD MEMBER	1.00	Director	$0	$0	$0
NICK DARLING	BOARD MEMBER	1.00	Director	$0	$0	$0
TOM GARIGEN	BOARD MEMBER	1.00	Director	$0	$0	$0
AJ BAYNES	PRESIDENT/CEO	40.00	Officer	$229,812	$13,641	$243,453
CHRISTINE LANGENFELD	DIRECTOR OF MARKETING & OPERATIONS	1.00	Highest	$110,000	$3,150	$113,150

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	$810,241	$786,748	$1,459,297	$23,493
2022	$817,057	$780,422	$925,081	$36,635
2021	$913,954	$663,535	$904,941	$250,419
2020	$582,576	$757,421	$648,794	$-174,845
2019	$795,603	$701,948	$745,410	$93,655
2018	$795,058	$730,123	$726,595	$64,935

AMHERST CHAMBER OF COMMERCE INC