CHAMBER OF COMMERCE OF GREATER CAPE MAY (EIN 222398173) - 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

1951

Principal Officer

BERNADETTE MATTHEWS

Phone

6098845508

Tax Period

2023-01-01 to 2023-12-31

CHAMBER OF COMMERCE OF GREATER CAPE MAY, founded in 1951, is a small nonprofit that reported $275K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO FOSTER COMMERCE IN THE COMMUNITY OF CAPE MAY

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $243,932

Investment Income $397

Other Revenue $31,049

TOTAL REVENUE $275,378

Expense Breakdown

Grants Paid $0

Salaries & Benefits $154,764

Fundraising Expenses $0

Other Expenses $116,742

TOTAL EXPENSES $271,506

Year-over-Year Comparison

	2023	2022	Change
Revenue	$275,378	$243,673	+0.1%
Expenses	$271,506	$259,306	+0.0%
Net Income	$3,872	$-15,633	-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

Governance

Voting Members

262

Independent Members

262

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
CHARITY CLARK	1ST VICE PRE	N/A	Officer Director	$0	$0	$0
MICHAEL CLARK	BOARD MEMBER	N/A	Director	$0	$0	$0
SUSAN CUBBERLEY	BOARD MEMBER	N/A	Director	$0	$0	$0
JAKE CUOMO	BOARD MEMBER	N/A	Director	$0	$0	$0
ROBERT ELLIS	BOARD MEMBER	N/A	Director	$0	$0	$0
TINA GIAIMO	BOARD MEMBER	N/A	Director	$0	$0	$0
KAIT GIOVINAZZO	BOARD MEMBER	N/A	Director	$0	$0	$0
JONATHAN HIRSCH	BOARD MEMBER	N/A	Director	$0	$0	$0
ELIZABETH HULITT	TREASURER	N/A	Officer Director	$0	$0	$0
ELIZA LOTOZO	BOARD MEMBER	N/A	Director	$0	$0	$0
BERNADETTE MATTHEWS	PRESIDENT	N/A	Officer Director	$0	$0	$0
JOHN MATUSIAK	BOARD MEMBER	N/A	Director	$0	$0	$0
VERONCIA MOREY	2ND VICE PRE	N/A	Officer Director	$0	$0	$0
VESNA PALIFORVA	BOARD MEMBER	N/A	Director	$0	$0	$0
SHIRLEY PHINNEY	BOARD MEMBER	N/A	Director	$0	$0	$0
PATRICIA RESPA	BOARD MEMBER	N/A	Director	$0	$0	$0
JAMES RIDGWAY	BOARD MEMBER	N/A	Director	$0	$0	$0
MARY STEWART	SECRETARY	N/A	Officer Director	$0	$0	$0
BARBARA TOMALINO	BOARD MEMBER	N/A	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
2024	No data	No data	No data	No data
2023	$275,378	$271,506	$240,667	$3,872
2022	$243,673	$259,306	$238,980	$-15,633
2021	$219,055	$225,356	$256,291	$-6,301
2020	$169,389	$204,852	$241,439	$-35,463
2019	$295,592	$248,827	$255,154	$46,765
2018	$247,033	$240,539	$208,516	$6,494

CHAMBER OF COMMERCE OF GREATER CAPE MAY