MAHWAH REGIONAL CHAMBER OF COMMERCE INC (EIN 223145589) - 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

1957

Legal Domicile

Principal Officer

MAUREEN C HUGGINS

Phone

2015295566

Tax Period

2023-01-01 to 2023-12-31

MAHWAH REGIONAL CHAMBER OF COMMERCE INC, founded in 1957, is a small nonprofit that reported $161K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $204K exceeded revenue, resulting in a 27% operating deficit.

Mission

THE PRIMARY GOAL OF THE CHAMBER IS TO PROMOTE AND SERVE THE BUSINESS COMMUNITY IN THE GREATER MAHWAH AREA. THE CHAMBER CURRENTLY SERVES OVER FIVE-HUNDRED BUSINESSES REPRESENTING NINETY PLUS COMMUNITIES SURROUNDING THE MAHWAH REGION.

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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 $65,345

Program Service Revenue $29,790

Investment Income $19

Other Revenue $65,565

TOTAL REVENUE $160,719

Expense Breakdown

Grants Paid $0

Salaries & Benefits $129,505

Fundraising Expenses $0

Other Expenses $74,964

TOTAL EXPENSES $204,469

Year-over-Year Comparison

	2023	2022	Change
Revenue	$160,719	$202,721	-0.2%
Expenses	$204,469	$216,535	-0.1%
Net Income	$-43,750	$-13,814	+2.2%

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

Independent Members

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

$63,650

Total Directors

$63,650

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BENJAMIN MILLS CPA	PRESIDENT	10.00	Officer Director	$63,650	$0	$63,650
MAUREEN C HUGGINS	SECRETARY & EXECUTIVE DIRE	40.00	Officer Director	$0	$0	$0
DEBORAH SCHWAUB	TREASURER	10.00	Director	$0	$0	$0
ANDREW BOLSON	DIRECTORY AVP	10.00	Director	$0	$0	$0
CHRISTINE CONKLIN	AVP EVENTS	10.00	Director	$0	$0	$0
BRIAN DURKIN	DIRECTORY AVP	10.00	Director	$0	$0	$0
MADINA DJABBAROVA	AVP 5K	10.00	Director	$0	$0	$0
MAGGIE GRANDE	AVP MARKETING	10.00	Director	$0	$0	$0
PAUL SCARDUFFA	SR VP	10.00	Director	$0	$0	$0
HELENE GUSS	VP COMMUNITY RELATIONS	10.00	Director	$0	$0	$0
LIZ KLOAK	AVP GOLF	10.00	Director	$0	$0	$0
MARK FAIRMAN	MEMBERSHIP VP	10.00	Director	$0	$0	$0
RENA ROTHMAN	VP DIRECTORY	10.00	Director	$0	$0	$0
TINA LYDING	AVP MEMBERSHIP	10.00	Director	$0	$0	$0
JEFFREY MACFARLANE	AVP GOLF	10.00	Director	$0	$0	$0
PETER GALLO	VP 5K	10.00	Officer Director	$0	$0	$0
APARNA MULCHANDANI	MARKETING VP	10.00	Director	$0	$0	$0
TRACEY MARVIB	VP EVENTS	10.00	Officer Director	$0	$0	$0
THOMAS MESSINA	YPN CHAIR	10.00	Director	$0	$0	$0
DON TOMASZEWSKI	SCHOLARSHIP CHAIR	10.00	Director	$0	$0	$0
KEVIN WITTMAN	VP GOLF	10.00	Director	$0	$0	$0
MARIO ZAKI	VP TECHNOLOGY	10.00	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	$160,719	$204,469	$49,777	$-43,750
2022	$202,721	$216,535	$136,146	$-13,814
2021	$188,861	$214,524	$148,382	$-25,663
2020	$195,181	$167,827	$221,123	$27,354
2019	$238,307	$240,604	$43,869	$-2,297
2018	$243,043	$259,020	$46,166	$-15,977

MAHWAH REGIONAL CHAMBER OF COMMERCE INC