CLARENCE CHAMBER OF COMMERCE INC (EIN 161301163) - 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

1970

Legal Domicile

Principal Officer

MARK MEDOLE

Phone

7166313888

Tax Period

2024-10-01 to 2025-09-30

CLARENCE CHAMBER OF COMMERCE INC, founded in 1970, is a small nonprofit that reported $121K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $112K left a modest 8% surplus.

Mission

PROMOTE BUSINESS IN TOWN OF CLARENCE, 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $54,675

Program Service Revenue $4,800

Investment Income $818

Other Revenue $61,159

TOTAL REVENUE $121,452

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,738

Fundraising Expenses $0

Other Expenses $36,942

TOTAL EXPENSES $111,680

Year-over-Year Comparison

	2024	2023	Change
Revenue	$121,452	$100,637	+0.2%
Expenses	$111,680	$118,139	-0.1%
Net Income	$9,772	$-17,502	-1.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT ALTIERI	DIRECTOR	1.00	Director	$0	$0	$0
CHARLIE CALLAHAN	SECRETARY/DI	1.00	Officer Director	$0	$0	$0
LORI CAPOROSO	TREASURER /	1.00	Officer Director	$0	$0	$0
SARAH CARR	CO BOARD CHA	1.00	Officer Director	$0	$0	$0
NICK CORTESE	DIRECTOR	1.00	Director	$0	$0	$0
JEANNIE D'AMBROSIO	1ST VICE CHA	1.00	Officer Director	$0	$0	$0
JOE DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
ERROL DOUGLAS	DIRECTOR	1.00	Director	$0	$0	$0
MARK JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
MARK MEDOLE	CO BOARD CHA	1.00	Officer Director	$0	$0	$0
LIAM O'MAHONY	DIRECTOR	1.00	Director	$0	$0	$0
NATALIE SCARCELLO	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA SCHWINDLER	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT STOCK	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA WINNEY	2ND VICE CHA	1.00	Officer 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	$121,452	$111,680	$109,320	$9,772
2024	$100,637	$118,139	$101,478	$-17,502
2023	$115,355	$111,232	$120,973	$4,123
2022	$113,394	$101,863	$127,646	$11,531
2021	$102,644	$72,044	$117,902	$30,600
2020	$93,089	$97,497	$88,793	$-4,408
2019	$111,694	$110,236	$95,474	$1,458
2018	$93,383	$66,687	$99,684	$26,696

CLARENCE CHAMBER OF COMMERCE INC