GREATER EAST AURORA CHAMBER OF COM… - Form 990 Financial Data

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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

1945

Legal Domicile

Principal Officer

Gary Grote

Phone

7166528444

Tax Period

2021-10-01 to 2022-09-30

GREATER EAST AURORA CHAMBER OF COMMERCE INC, founded in 1945, is a small nonprofit in the Community Improvement sector that reported $167K in total revenue in fiscal year 2021.

Program Service Accomplishments

Program 1

PROGRAM SERVICES INCLUDE PROMOTION AND TOURISM, GOLF TOURNAMENT, NEWSLETTER, SIDEWALK SALE, MONTHLY LUNCHES AND DINNERS, TASTE OF EAST AURORA,STUDENTS OF EXCELLENCE

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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 $59,663

Program Service Revenue $82,076

Investment Income $5

Other Revenue $25,291

TOTAL REVENUE $167,035

Expense Breakdown

Grants Paid $0

Salaries & Benefits $102,263

Fundraising Expenses $0

Other Expenses $76,744

TOTAL EXPENSES $179,007

Year-over-Year Comparison

	2021	2020	Change
Revenue	$167,035	$159,515	+0.0%
Expenses	$179,007	$147,759	+0.2%
Net Income	$-11,972	$11,756	-2.0%

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

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
JENNIFER GEMERECK	CHAIRMAN	3.00	Officer Director	$0	$0	$0
DAVE NEWELL	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
TIM DELANEY	IMMEDIATE PAST CHAIRMAN	1.00	Officer Director	$0	$0	$0
ANDREA BALL	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTT PERRY	TREASURER	1.00	Officer Director	$0	$0	$0
PETER SERGI	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY ALEXANDER	SECRETARY	1.00	Officer Director	$0	$0	$0
BOB AURES	BOARD MEMBER	1.00	Director	$0	$0	$0
BRENDA MIKOLAJCZAK	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTT NEFF	BOARD MEMBER	1.00	Director	$0	$0	$0
TODD STINE	BOARD MEMBER	1.00	Director	$0	$0	$0
STACY BASTIAN	BOARD MEMBER	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
2022	$167,035	$179,007	$63,360	$-11,972
2021	$159,515	$147,759	$88,705	$11,756
2020	$123,396	$135,097	$80,372	$-11,701

GREATER EAST AURORA CHAMBER OF COMMERCE INC