GREATER DANVILLE CHAMBER OF COMMERCE INC

EIN: 310941832

DANVILLE, IN

Total Revenue
$175,489
Total Expenses
$164,643
Total Assets
$294,079
Net Assets
$278,134
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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
1949
Legal Domicile
IN
Principal Officer
KELLY DIBENEDETTO
Phone
3177450670
Tax Period
2024-01-01 to 2024-12-31

GREATER DANVILLE CHAMBER OF COMMERCE INC, founded in 1949, is a small nonprofit that reported $175K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $165K left a modest 6% surplus.

Mission

THE GREATER DANVILLE CHAMBER OF COMMERCE MAINTAINS A MISSION TO UNITE AND PROMOTE THE COMMON BUSINESS AND QUALITY OF LIFE INTERESTS OF 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $35,647
Program Service Revenue $40,611
Investment Income $4,471
Other Revenue $94,760
TOTAL REVENUE $175,489

Expense Breakdown

Grants Paid $0
Salaries & Benefits $80,926
Fundraising Expenses $0
Program Expenses $164,643
Other Expenses $83,717
TOTAL EXPENSES $164,643

Year-over-Year Comparison

2024 2023 Change
Revenue $175,489 $190,994 -0.1%
Expenses $164,643 $146,442 +0.1%
Net Income $10,846 $44,552 -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
13
Independent Members
13
Employees
3
Volunteers
120

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
5
$46,800
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELLY DIBENEDETTO EXECUTIVE DIRECTOR 40.00
Officer
$46,800 $0 $46,800
TODD DAVIS BOARD MEMBER 0.00
Director
$0 $0 $0
STEVE PATTERSON BOARD MEMBER 0.00
Director
$0 $0 $0
NIC EASTON BOARD MEMBER 0.00
Director
$0 $0 $0
JERRY VORNHOLT BOARD MEMBER 0.00
Director
$0 $0 $0
CHRIS PARKER BOARD MEMBER 0.00
Director
$0 $0 $0
JUSTIN BUSTER BOARD MEMBER 0.00
Director
$0 $0 $0
DR TRACY SHAFER BOARD MEMBER 0.00
Director
$0 $0 $0
SCOTT ELAMON BOARD MEMBER 0.00
Director
$0 $0 $0
MARK MORGAN NON VOTING MEMBER 0.00
Director
$0 $0 $0
SHANNON SHIRVEN BOARD MEMBER 0.00
Director
$0 $0 $0
HELEE ADKINS VICE PRESIDENT 0.00
Officer
$0 $0 $0
DAVID HATFIELD SECRETARY 0.00
Officer
$0 $0 $0
AMANDA FULWIDER TREASURER 0.00
Officer
$0 $0 $0
JORDAN YANT PRESIDENT 0.00
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 $175,489 $164,643 $294,079 $10,846
2023 $190,994 $146,442 $285,290 $44,552
2022 $146,259 $133,969 $239,642 $12,290
2021 $188,173 $129,083 $233,673 $59,090
2020 $156,484 $129,578 $175,157 $26,906
2019 $137,644 $131,313 $140,032 $6,331
2018 $118,677 $124,737 $125,584 $-6,060
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