CLARION AREA CHAMBER OF BUSINESS A… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1953

Legal Domicile

Principal Officer

TRACY BECKER

Phone

8142269161

Tax Period

2023-01-01 to 2023-12-31

CLARION AREA CHAMBER OF BUSINESS AND INDUSTRY, founded in 1953, is a small nonprofit that reported $174K in total revenue in fiscal year 2023.

Mission

A VOLUNTARY PARTNERSHIP OF BUSINESS & PROFESSIONAL PEOPLE WORKING TOGETHER TO BUILD A HEALTHY ECONOMY AND TO IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $135,648

PROMOTION OF THE AREA, IT'S ATTRACTIONS, BUSINESSES, AND INDUSTRIES. ALSO, PROVIDING INFORMATION AND ASSISTANCE TO MEMBERS AND VISITORS OF THE CLARION 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $145,131

Program Service Revenue $18,757

Investment Income $5

Other Revenue $10,509

TOTAL REVENUE $174,402

Expense Breakdown

Grants Paid $0

Salaries & Benefits $98,092

Fundraising Expenses $0

Program Expenses $135,648

Other Expenses $84,942

TOTAL EXPENSES $183,034

Year-over-Year Comparison

	2023	2022	Change
Revenue	$174,402	$179,165	0.0%
Expenses	$183,034	$207,796	-0.1%
Net Income	$-8,632	$-28,631	-0.7%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EMILY BONK	BOARD MEMBER	0.25	Director	$0	$0	$0
ASHLEY BROWN	BOARD MEMBER	0.25	Director	$0	$0	$0
TODD GRIFFITH	BOARD MEMBER	0.25	Director	$0	$0	$0
JESSICA HANSFORD	BOARD MEMBER	0.25	Director	$0	$0	$0
COURTNEY HERZING	CHAIRMAN	1.00	Officer Director	$0	$0	$0
AARON HUSTED	TREASURER/SE	1.00	Director	$0	$0	$0
ERIC FUNK JR	BOARD MEMBER	0.50	Director	$0	$0	$0
OLIVIA KELTZ	CHAIR ELECT	1.00	Officer Director	$0	$0	$0
KARINA LIBECCO	BOARD MEMBER	0.25	Director	$0	$0	$0
BO LOCKWOOD	BOARD MEMBER	0.25	Director	$0	$0	$0
SHERRI PATTERSON	BOARD MEMBER	0.25	Director	$0	$0	$0
RHIANNA REICHARD	BOARD MEMBER	0.25	Director	$0	$0	$0
JILL REND	BOARD MEMBER	0.25	Director	$0	$0	$0
JESS SEARY	BOARD MEMBER	0.25	Director	$0	$0	$0
ARIEL VALENSKY-BELLIS	BOARD MEMBER	0.25	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	$174,402	$183,034	$28,396	$-8,632
2022	$179,165	$207,796	$35,428	$-28,631
2021	$192,229	$186,961	$27,926	$5,268
2020	$136,955	$160,698	$19,156	$-23,743
2019	$184,397	$182,688	$45,050	$1,709
2018	$195,520	$208,833	$48,116	$-13,313

CLARION AREA CHAMBER OF BUSINESS AND INDUSTRY