ROSENDALE CHAMBER OF COMMERCE INC

EIN: 161532538 Community Improvement

ROSENDALE, NY

Total Revenue
$93,912
Total Expenses
$78,309
Total Assets
$37,722
Net Assets
$37,722
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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
2006
Legal Domicile
NY
Principal Officer
BILL BROOKS
Phone
8456588348
Tax Period
2024-01-01 to 2024-12-31

ROSENDALE CHAMBER OF COMMERCE INC, founded in 2006, is a micro nonprofit in the Community Improvement sector that reported $94K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $16K, a strong 17% operating margin.

Mission

FOSTER BUSINESS DEVELOPEMENT IN AND AROUND THE ROSENDALE AREA

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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 (2024)

Revenue Breakdown

Contributions & Grants $93,875
Program Service Revenue $0
Investment Income $37
Other Revenue $0
TOTAL REVENUE $93,912

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $78,309
TOTAL EXPENSES $78,309

Year-over-Year Comparison

2024 2023 Change
Revenue $93,912 $79,760 +0.2%
Expenses $78,309 $76,753 +0.0%
Net Income $15,603 $3,007 +4.2%
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
7
Independent Members
7
Employees
N/A
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
1
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL BROOKS BOARD MEMBER N/A
Director
$0 $0 $0
SUE CONSTABLE BOARD MEMBER N/A
Director
$0 $0 $0
CARL COX BOARD MEMBER N/A
Director
$0 $0 $0
BILLY LIGGAN BOARD MEMBER N/A
Director
$0 $0 $0
BERNIE OBRY BOARD MEMBER N/A
Director
$0 $0 $0
JILL OBRY BOARD MEMBER N/A
Director
$0 $0 $0
VICTORIA COYNE BOARD MEMBER N/A
Officer
$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
2024 $93,912 $78,309 $37,722 $15,603
2023 $79,760 $76,753 $22,119 $3,007
2022 $37,507 $29,971 $19,112 $7,536
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