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
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

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

The Webster Chamber of Commerce is a membership driven organization that provides support, opportunities and education to its members. (Continued on Schedule O)We foster collaboration among business, community and government to promote Webster's economic vitality and quality of life. The Webster Chamber is the voice and catalyst of business. Working together, we deliver a strong community of choice.

Program Service Accomplishments

Program 1

The organization provides promotional and networking services to existing business and commercial establishments in the community of Webster, New York; participates in the local economic development...

Read more

The organization provides promotional and networking services to existing business and commercial establishments in the community of Webster, New York; participates in the local economic development alliance that collaborates with town, village, school district, and business improvement district for improvement, promotion, planned growth, operational community facilities and striving toward economic balance in Webster area. Additionally, WCC operates a health care insurance department that provides health insurance plans to members, businesses and their employees, and individuals collecting premiums payable to area health insurance carriers for a variety of coverage plans.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

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
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

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
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Webster Chamber Of Commerce Inc with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.