WELLSBORO AREA CHAMBER OF COMMERCE

EIN: 240774743

WELLSBORO, PA

Total Revenue
$167,502
Total Expenses
$166,505
Total Assets
$66,305
Net Assets
$60,929
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1916
Legal Domicile
PA
Principal Officer
JULIE HENRY
Phone
5707241926
Tax Period
2023-01-01 to 2023-12-31

WELLSBORO AREA CHAMBER OF COMMERCE, founded in 1916, is a small nonprofit that reported $168K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

PROMOTION OF WELLSBORO AREA ECONOMY

Program Service Accomplishments

Program 1

TO PROMOTE BUSINESS AND COMMUNITY GROWTH AND DEVELOPMENT BY SUPPORTING VARIOUS PROGRAMS TO EXPAND LOCAL BUSINESS, AND CIVIC, SOCIAL, AND CULTURAL PROGRAMS TO ENHANCE THE AESTHETIC VALUES OF THE...

Read more

TO PROMOTE BUSINESS AND COMMUNITY GROWTH AND DEVELOPMENT BY SUPPORTING VARIOUS PROGRAMS TO EXPAND LOCAL BUSINESS, AND CIVIC, SOCIAL, AND CULTURAL PROGRAMS TO ENHANCE THE AESTHETIC VALUES OF THE WELLSBORO AREA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,000
Program Service Revenue $160,494
Investment Income $8
Other Revenue $0
TOTAL REVENUE $167,502

Expense Breakdown

Grants Paid $0
Salaries & Benefits $124,097
Fundraising Expenses $0
Other Expenses $42,408
TOTAL EXPENSES $166,505

Year-over-Year Comparison

2023 2022 Change
Revenue $167,502 $184,670 -0.1%
Expenses $166,505 $184,269 -0.1%
Net Income $997 $401 +1.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
30
Independent Members
30
Employees
5
Volunteers
29

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
4
$83,080
Total Directors
30
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE CHARLES PRESIDENT 2.00
Officer Director
$0 $0 $0
AMY WELCH VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
TIMOTHY GOOCH TREASURER 2.00
Officer Director
$0 $0 $0
ELLEN BRYANT BOARD MEMBER 1.00
Director
$0 $0 $0
TERRY BRYANT BOARD MEMBER 1.00
Director
$0 $0 $0
RICK BECKWITH BOARD MEMBER 1.00
Director
$0 $0 $0
LESLIE WISHARD BOARD MEMBER 1.00
Director
$0 $0 $0
JANIE HILFIGER BOARD MEMBER 1.00
Director
$0 $0 $0
ANNE RAWSON BOARD MEMBER 1.00
Director
$0 $0 $0
JIM BODINE BOARD MEMBER 1.00
Director
$0 $0 $0
TAMMY MENGEE BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES MESSINA BOARD MEMBER 1.00
Director
$0 $0 $0
MARSHA CHESKO BOARD MEMBER 1.00
Director
$0 $0 $0
AL QUIMBY BOARD MEMBER 1.00
Director
$0 $0 $0
KIM MILLER BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN DUFF BOARD MEMBER 1.00
Director
$0 $0 $0
BARNEY FARNSWORTH JR BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY STAMILIO BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS PUTNAM BOARD MEMBER 1.00
Director
$0 $0 $0
LINN MACENSKY BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN THOMAS BOARD MEMBER 1.00
Director
$0 $0 $0
DEBORAH CRAM BOARD MEMBER 1.00
Director
$0 $0 $0
CARRIE HEATH BOARD MEMBER 1.00
Director
$0 $0 $0
RACHEL BRILL BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE YORK BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN CUNNINGHAM BOARD MEMBER 1.00
Director
$0 $0 $0
JESSICA SANDSTROM BOARD MEMBER 1.00
Director
$0 $0 $0
JULIAN STAM BOARD MEMBER 1.00
Director
$0 $0 $0
KILEY BIRGENSMITH BOARD MEMBER 1.00
Director
$0 $0 $0
LOUIS RACHEILE BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE HENRY EXECUTIVE DIRECTOR 40.00
Officer
$83,080 $0 $83,080
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 $167,502 $166,505 $66,305 $997
2022 $184,670 $184,269 $66,263 $401
2021 $192,056 $157,333 $67,336 $34,723
2020 $181,212 $164,092 $31,494 $17,120
2019 $233,250 $237,845 $19,325 $-4,595
2018 $229,083 $233,555 $22,467 $-4,472
Explore More Nonprofits
→Top 100 Nonprofits in Pennsylvania →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare WELLSBORO AREA CHAMBER OF COMMERCE with other nonprofits in Pennsylvania and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.