DEARBORN AREA CHAMBER FOUNDATION

EIN: 310122033 501(c)(3) Community Improvement

DEARBORN, MI

Total Revenue
$360,269
Total Expenses
$349,877
Total Assets
$532,824
Net Assets
$122,784
🔒

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
1952
Legal Domicile
MI
Principal Officer
JACQUELINE LOVEJOY
Phone
3135846100
Tax Period
2020-01-01 to 2020-12-31

DEARBORN AREA CHAMBER FOUNDATION, founded in 1952, is a small nonprofit in the Community Improvement sector that reported $360K in total revenue in fiscal year 2020. Revenue decreased 12% compared to the prior year.

Mission

TO ACTIVELY DEVELOP PROMOTE AND ASSIST MEMBERS IN ACHIEVING THEIR BUSINESS OBJECTIVES WHILE STRENGTHENING THE PARTNERSHIP BETWEEN COMMUNITIES BUSINESS AND MUNICIPALTIES

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $166,264
Program Service Revenue $137,990
Investment Income $106
Other Revenue $55,909
TOTAL REVENUE $360,269

Expense Breakdown

Grants Paid $0
Salaries & Benefits $199,800
Fundraising Expenses $0
Program Expenses $34
Other Expenses $150,077
TOTAL EXPENSES $349,877

Year-over-Year Comparison

2020 2019 Change
Revenue $360,269 $409,687 -0.1%
Expenses $349,877 $397,449 -0.1%
Net Income $10,392 $12,238 -0.2%
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
27
Independent Members
27
Employees
4
Volunteers
27

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
9
$63,071
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACQUELINE LOVEJOY PRESIDENT 40
Officer Highest
$63,071 $0 $63,071
MO HIDER VICE C HAIR N/A
Director
$0 $0 $0
ALAN OSBORNE VICE CHAIR N/A
Director
$0 $0 $0
HASSAN BAZZI VICE CHAIR N/A
Director
$0 $0 $0
MIKE BEWICK DIRECTOR N/A
Director
$0 $0 $0
MICHAEL MAGNONE DIRECTOR N/A
Director
$0 $0 $0
DAVID CLAEYS DIRECTOR N/A
Director
$0 $0 $0
STEVE HENRY DIRECTOR N/A
Director
$0 $0 $0
KEN KETTENBEIL DIRECTOR N/A
Director
$0 $0 $0
JEFFREY LYNCH DIRECTOR N/A
Director
$0 $0 $0
PAM MEEK DIRECTOR N/A
Director
$0 $0 $0
MARY OBRYAN DIRECTOR N/A
Director
$0 $0 $0
TIM SCHRAMM DIRECTOR N/A
Director
$0 $0 $0
JIM SEAVITT DIRECTOR N/A
Director
$0 $0 $0
WESTON STANFOD DIRECTOR N/A
Director
$0 $0 $0
BRUCE WILSON DIRECTOR N/A
Director
$0 $0 $0
MAUREEN WINFREE DIRECTOR N/A
Director
$0 $0 $0
JOHN ZADIKIAN DIRECTOR N/A
Director
$0 $0 $0
BRENT MIKULSKI CHAIR N/A
Officer
$0 $0 $0
DALE A BENDER TREASURER N/A
Officer
$0 $0 $0
SAM ABBAS VICE CHAIR N/A
Officer
$0 $0 $0
KYLE MAZUREK VICE CHAIR N/A
Officer
$0 $0 $0
SEAN MCGRAW VICE CHAIR N/A
Officer
$0 $0 $0
FRANK KADAF VICE CHAIR N/A
Officer
$0 $0 $0
ASAD SADIQ VICE CHAIR N/A
Officer
$0 $0 $0
RYAN O HARA VICE CHAIR N/A
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
2020 $360,269 $349,877 $532,824 $10,392
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare DEARBORN AREA CHAMBER FOUNDATION with other nonprofits in Michigan 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.