PENNSYLVANIA CHAMBER OF BUSINESS AND INDUSTRY (EIN 230961100) - 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

1917

Legal Domicile

Principal Officer

JEWELL LESTER

Phone

7172553252

Tax Period

2023-01-01 to 2023-12-31

PENNSYLVANIA CHAMBER OF BUSINESS AND INDUSTRY, founded in 1917, is a community nonprofit that reported $7.8M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Net assets of $33.4M represent 51 months of operating reserves.

Mission

THE PENNSYLVANIA CHAMBER OF BUSINESS AND INDUSTRY IS THE LARGEST BROAD-BASED BUSINESS ASSOCIATION IN PENNSYLVANIA. THOUSANDS OF MEMBERS THROUGHOUT THE COMMONWEALTH EMPLOY GREATER THAN 50 PERCENT OF PENNSYLVANIA'S PRIVATE WORKFORCE. HEADQUARTERED IN HARRISBURG, THE PA CHAMBER SERVES AS THE FRONTLINE ADVOCATE FOR BUSINESS ON CAPITOL HILL BY INFLUENCING THE LEGISLATIVE, REGULATORY, AND JUDICIAL BRANCHES OF STATE GOVERNMENT. THE PENNSYLVANIA CHAMBER OF BUSINESS AND INDUSTRY IS DEDICATED TO HELPING ITS MEMBERS UNDERSTAND AND EASILY FOLLOW THE COMPLEXITIES OF STATE AND FEDERAL WORKPLACE REGULATIONS. SERVICES INCLUDE CONFERENCES AND PUBLICATIONS ON A WIDE VARIETY OF ISSUES IMPORTANT TO THE BUSINESS COMMUNITY. OUR MISSION IS TO ACT AS THE "STATEWIDE VOICE OF BUSINESSTM AND ARTICULATE AND ADVOCATE ON THOSE PUBLIC POLICY ISSUES THAT WILL EXPAND PRIVATE SECTOR JOB CREATION AND LEAD TO A MORE PROSPEROUS PENNSYLVANIA FOR ALL ITS CITIZENS.

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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 $115,000

Program Service Revenue $6,058,021

Investment Income $937,525

Other Revenue $663,879

TOTAL REVENUE $7,774,425

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $8,151,258

TOTAL EXPENSES $8,151,258

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,774,425	$6,233,763	+0.2%
Expenses	$8,151,258	$8,386,587	0.0%
Net Income	$-376,833	$-2,152,824	-0.8%

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

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

$1,171,533

Total Directors

$699,905

Key Employees

$402,675

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MR LUKE BERNSTEIN	PRESIDENT	47.50	Officer Director	$0	$26,127	$699,905
MR NICHOLAS D BERTRAM	CHAIR	1.00	Officer Director	$0	$0	$0
MR MANUEL MAR JR CTP	FIRST VICE CHAIR	1.00	Officer Director	$0	$0	$0
MR ROBERT SCAER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MR ROBERT BEARD	DIRECTOR UNTIL 11/23	1.00	Director	$0	$0	$0
MS BARBARA BOWKER	DIRECTOR	1.00	Director	$0	$0	$0
MR DAVID BREIDINGER	DIRECTOR	1.00	Director	$0	$0	$0
MR SCOTT BRIGGS	DIRECTOR	1.00	Director	$0	$0	$0
MR CLAYTON BUBECK	DIRECTOR	1.00	Director	$0	$0	$0
MR DAVID CALLAHAN	DIRECTOR	1.00	Director	$0	$0	$0
MR MICHAEL COLPOYS	DIRECTOR	1.00	Director	$0	$0	$0
MS WENDIE DIMATTEO HOLSINGER	DIRECTOR	1.00	Director	$0	$0	$0
MR JAMES D'INNOCENZO	DIRECTOR	1.00	Director	$0	$0	$0
MR FREDERICK MICHAEL DORAN	DIRECTOR UNTIL 11/23	1.00	Director	$0	$0	$0
MR RICHARD EHST	DIRECTOR	1.00	Director	$0	$0	$0
MR STEPHEN FERA	DIRECTOR	1.00	Director	$0	$0	$0
MS ROXANNA GAPSTUR	DIRECTOR	1.00	Director	$0	$0	$0
MS JANE GLEASON	DIRECTOR	1.00	Director	$0	$0	$0
MR JOHN HERMAN	DIRECTOR	1.00	Director	$0	$0	$0
MS JANIS L HERSCHKOWITZ	DIRECTOR UNTIL 11/23	1.00	Director	$0	$0	$0
MR TIMOTHY R HESS	DIRECTOR	1.00	Director	$0	$0	$0
MR JAMES HOEHN	DIRECTOR	1.00	Director	$0	$0	$0
MR MICHAEL A HUWAR	DIRECTOR	1.00	Director	$0	$0	$0
MS LAURA KARET	DIRECTOR	1.00	Director	$0	$0	$0
MR DAVID KERR	DIRECTOR	1.00	Director	$0	$0	$0
MR DAVID M KLEPPINGER ESQ	DIRECTOR	1.00	Director	$0	$0	$0
MR JOHN LAWN	DIRECTOR	1.00	Director	$0	$0	$0
MR BRION LIEBERMAN	DIRECTOR	1.00	Director	$0	$0	$0
MR MARC A LUCCA PE	DIRECTOR	1.00	Director	$0	$0	$0
MR RICARDO MAIZ	DIRECTOR	1.00	Director	$0	$0	$0
MS CHRISTINA MARSH	DIRECTOR	1.00	Director	$0	$0	$0
MR CHRISTOPHER J MASCIANTONIO	DIRECTOR	1.00	Director	$0	$0	$0
MR PATRICK MCCOY	DIRECTOR	1.00	Director	$0	$0	$0
MR W THOMAS MCGOUGH JR	DIRECTOR UNTIL 11/23	1.00	Director	$0	$0	$0
MS HILARY MERCER	DIRECTOR	1.00	Director	$0	$0	$0
MR DANIEL ONORATO	DIRECTOR	1.00	Director	$0	$0	$0
MR JEFFREY I PASEK ESQ	DIRECTOR	1.00	Director	$0	$0	$0
MR NANDISH PATEL	DIRECTOR	1.00	Director	$0	$0	$0
MS EILEEN PETULA	DIRECTOR	1.00	Director	$0	$0	$0
MR GREGORY QUANDEL	DIRECTOR	1.00	Director	$0	$0	$0
MS STEPHANIE RAYMOND	DIRECTOR	1.00	Director	$0	$0	$0
MR MIKE SHIRK	DIRECTOR	1.00	Director	$0	$0	$0
MS KATHLEEN SMARILLI	DIRECTOR	1.00	Director	$0	$0	$0
MR MATT SMITH	DIRECTOR	1.00	Director	$0	$0	$0
MR ROBERT W SODINI	DIRECTOR	1.00	Director	$0	$0	$0
MS COURTNEY SNYDER	DIRECTOR	1.00	Director	$0	$0	$0
MS TERRI LEE TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
MS SARA THORNDIKE	DIRECTOR	1.00	Director	$0	$0	$0
MS KIM VAN UTRECHT	DIRECTOR	1.00	Director	$0	$0	$0
MR JEFFREY J VRABEL CPA	DIRECTOR	1.00	Director	$0	$0	$0
MR KEVIN WALKER	DIRECTOR	1.00	Director	$0	$0	$0
MR BILL WARD JR	DIRECTOR	1.00	Director	$0	$0	$0
MR E PHILIP WENGER	DIRECTOR	1.00	Director	$0	$0	$0
MR DANIEL WILSON	DIRECTOR	1.00	Director	$0	$0	$0
MR SCOTT WYMAN	DIRECTOR	1.00	Director	$0	$0	$0
MR MICHAEL ZANIC	DIRECTOR	1.00	Director	$0	$0	$0
MS JEWELL L LESTER	VICE PRESIDENT	36.50	Officer	$0	$16,976	$254,248
MR SETH KEITER	TREASURER	35.50	Officer	$0	$16,507	$125,213
MS CARISSA BURGETT	SECRETARY	44.00	Officer	$0	$2,627	$92,167
MR ALEX HALPER	VP, GOVERNMENT AFFAIRS	49.75	Key Emp	$0	$28,530	$237,737
MR JON ANZUR	VP, PUBLIC AFFAIRS	42.50	Key Emp	$0	$3,679	$164,938
MR WILLIAM MILLER	SENIOR MEMBER EXECUTIVE	48.75	Highest	$0	$29,577	$236,057
MS TRACIE ROLLINS	MEMBER EXECUTIVE	37.50	Highest	$0	$16,307	$139,042
MR NEAL LESHER	DIRECTOR, GOV'T AFFAIRS	43.50	Highest	$0	$15,892	$166,240

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	$7,774,425	$8,151,258	$36,897,437	$-376,833
2022	$6,233,763	$8,386,587	$34,389,724	$-2,152,824
2021	$7,881,141	$6,780,891	$40,901,659	$1,100,250
2020	$6,107,397	$7,200,068	$37,831,300	$-1,092,671
2019	$6,823,799	$6,977,618	$36,319,629	$-153,819
2018	$7,117,320	$6,928,277	$32,429,387	$189,043

PENNSYLVANIA CHAMBER OF BUSINESS AND INDUSTRY