NORTHERN CINCINNATI CHAMBER OF COMMERCE (EIN 310833195) - 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

2008

Legal Domicile

Principal Officer

LORI SCHUTT

Phone

5135541722

Tax Period

2024-01-01 to 2024-12-31

NORTHERN CINCINNATI CHAMBER OF COMMERCE, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $211K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $257K exceeded revenue, resulting in a 22% operating deficit.

Mission

THE SHARONVILLE CHAMBER OF COMMERCE PROMOTES MEMBER BUSINESSES BY PROVIDING VALUE THROUGH NETWORKING, BENEFITS, EDUCATION, AND MARKETING OPPORTUNITIES. THE CHAMBER WORKS TO ATTRACT AND RETAIN BUSINESSES AND ENHANCE THE COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $179,468

Investment Income $263

Other Revenue $31,324

TOTAL REVENUE $211,055

Expense Breakdown

Grants Paid $0

Salaries & Benefits $169,011

Fundraising Expenses $0

Program Expenses $250,000

Other Expenses $87,689

TOTAL EXPENSES $256,700

Year-over-Year Comparison

	2024	2023	Change
Revenue	$211,055	$249,242	-0.2%
Expenses	$256,700	$263,486	0.0%
Net Income	$-45,645	$-14,244	+2.2%

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

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

$107,465

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHNDA KEUFFER	BOARD MEMBER AT LARGE	40.00	Officer Director	$0	$0	$0
JOE DIANA	BOARD CHAIR	2.00	Director	$0	$0	$0
NOAH SCHIERENBECK	VICE BOARD MEMBER AT LARGE	2.00	Director	$0	$0	$0
FRANK LOPEZ	FORMER DIRECTOR	2.00	Director	$0	$0	$0
CHRISTINE CARWELL	BOARD SECRETARY & AMBASSADOR	2.00	Officer Director	$0	$0	$0
JILL WIDMER	BOARD TREASURER	2.00	Officer Director	$0	$0	$0
CHRIS ABELL	AMBASSADOR	2.00	Director	$0	$0	$0
DAVID DORTON	DIRECTOR	2.00	Director	$0	$0	$0
CRAIG GRENKO	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN HAKEL	DIRECTOR	2.00	Director	$0	$0	$0
THERESA LENT	DIRECTOR	2.00	Director	$0	$0	$0
DAVID MCCANDLESS	DIRECTOR	2.00	Director	$0	$0	$0
KAREN SINGER	AMBASSADOR	2.00	Director	$0	$0	$0
LOIS ERVEN	FORMER CHAMBER PRESIDENT	40.00	Officer	$64,625	$0	$64,625
LORI SCHUTT	CHAMBER PRESIDNET	40.00	Officer	$42,840	$0	$42,840

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	$211,055	$256,700	$63,338	$-45,645
2023	$249,242	$263,486	$108,649	$-14,244
2022	$267,857	$294,330	$122,848	$-26,473
2021	$282,774	$208,871	$149,711	$73,903
2020	$190,832	$195,159	$104,718	$-4,327
2019	$233,700	$225,850	$79,745	$7,850
2018	$212,849	$188,557	$71,895	$24,292

NORTHERN CINCINNATI CHAMBER OF COMMERCE