Webster Chamber Of Commerce Inc

EIN: 161093289

Webster, NY

Total Revenue
$163,760
Total Expenses
$69,886
Total Assets
$897,091
Net Assets
$732,327
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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
1978
Legal Domicile
NY
Principal Officer
Garrett Wagner
Phone
5852653960
Tax Period
2023-07-01 to 2024-06-30

Webster Chamber Of Commerce Inc, founded in 1978, is a small nonprofit that reported $164K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $94K, a strong 57% operating margin.

Mission

To provide promotion and services to businesses and commercial establishments in Webster, NY.

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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 $22,842
Program Service Revenue $99,237
Investment Income $39,252
Other Revenue $2,429
TOTAL REVENUE $163,760

Expense Breakdown

Grants Paid $0
Salaries & Benefits $37,408
Fundraising Expenses $0
Other Expenses $32,478
TOTAL EXPENSES $69,886

Year-over-Year Comparison

2023 2022 Change
Revenue $163,760 $120,796 +0.4%
Expenses $69,886 $77,878 -0.1%
Net Income $93,874 $42,918 +1.2%
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
15
Independent Members
14
Employees
3
Volunteers
60

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
6
$88,448
Total Directors
15
$88,448
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Barry Howard President/CEO 45.00
Officer Director
$80,407 $8,041 $88,448
Kyle DeBrine Director 0.80
Director
$0 $0 $0
Carolyn Montanaro Board Chair 1.50
Officer Director
$0 $0 $0
Diane McClure Past Chair 1.50
Officer Director
$0 $0 $0
Ed Steve Secretary 1.50
Officer Director
$0 $0 $0
Garrett Wagner Treasurer 1.50
Officer Director
$0 $0 $0
Dan Dunn Director 0.80
Director
$0 $0 $0
Lynn Dunn Director 0.80
Director
$0 $0 $0
Tim Shortsleeve Chair Elect 1.50
Officer Director
$0 $0 $0
LouAnne DeMagistris Director 0.80
Director
$0 $0 $0
Tina Salvatore Director 0.80
Director
$0 $0 $0
Steve Snyder Director 0.80
Director
$0 $0 $0
Linnea Muller Director 0.80
Director
$0 $0 $0
Janine Sanger Director 0.80
Director
$0 $0 $0
Bill Koopman Director 0.80
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 $163,760 $69,886 $897,091 $93,874
2023 $120,796 $77,878 $827,108 $42,918
2022 $171,023 $74,720 $814,994 $96,303
2021 $98,136 $85,347 $718,625 $12,789
2020 $105,378 $96,931 $729,573 $8,447
2019 $115,482 $103,526 $757,117 $11,956
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