LATROBE AREA CHAMBER OF COMMERCE

EIN: 250906692

LATROBE, PA

Total Revenue
$242,665
Total Expenses
$241,368
Total Assets
$205,673
Net Assets
$191,962
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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
1945
Legal Domicile
PA
Principal Officer
BRIANA R TOMACK
Phone
7245372671
Tax Period
2024-01-01 to 2024-12-31

LATROBE AREA CHAMBER OF COMMERCE, founded in 1945, is a small nonprofit that reported $243K in total revenue in fiscal year 2024.

Mission

PROMOTION OF LOCAL BUSINESS AND INDUSTRIES AND LIVING/WORKING IN THE GREATER LATROBE AREA THROUGH MEMBERSHIP, NETWORKING, ADVERTISING AND VARIOUS EVENTS.

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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 $152,244
Program Service Revenue $0
Investment Income $1,551
Other Revenue $88,870
TOTAL REVENUE $242,665

Expense Breakdown

Grants Paid $0
Salaries & Benefits $142,581
Fundraising Expenses $0
Other Expenses $98,787
TOTAL EXPENSES $241,368

Year-over-Year Comparison

2024 2023 Change
Revenue $242,665 $235,559 +0.0%
Expenses $241,368 $227,025 +0.1%
Net Income $1,297 $8,534 -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

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Governance

Voting Members
15
Independent Members
15
Employees
3
Volunteers
200

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF MINKOVICH CHAIRMAN 3.00
Officer
$0 $0 $0
AMY PEER VICE CHAIRMA 3.00
Officer
$0 $0 $0
TODD WEIMER SECRETARY 3.00
Officer
$0 $0 $0
MARYANN WHITE-HELFFERICH TREASURER 3.00
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 $242,665 $241,368 $205,673 $1,297
2023 $235,559 $227,025 $198,392 $8,534
2022 $240,181 $213,658 $188,557 $26,523
2021 $225,134 $188,464 $179,411 $36,670
2020 $199,500 $151,633 $171,597 $47,867
2019 $260,420 $201,591 $117,405 $58,829
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