COTTER AREA CHAMBER OF COMMERCE INC

EIN: 311636810 501(c)(3) Human Services

COTTER, AR

Total Revenue
$218,637
Total Expenses
$120,262
Total Assets
$105,516
Net Assets
$105,516
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
AR
Phone
8707158304
Tax Period
2021-01-01 to 2021-12-31

COTTER AREA CHAMBER OF COMMERCE INC, founded in 1998, is a small nonprofit in the Human Services sector that reported $219K in total revenue in fiscal year 2021. The organization ran a surplus of $98K, a strong 45% operating margin.

Mission

To advance the general welfare and prosperity of our area so citizens and the business community prosper.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $218,637
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $218,637

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $120,262
TOTAL EXPENSES $120,262

Year-over-Year Comparison

2021 2020 Change
Revenue $218,637 N/A N/A
Expenses $120,262 N/A N/A
Net Income $98,375 $0 N/A
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

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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
6
Independent Members
6
Employees
N/A
Volunteers
24

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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jason Nazarenko President 10.00
Officer
$0 $0 $0
Linda McCarthy Secretary 10.00
Officer
$0 $0 $0
Justin Porter Treasurer active for 2021 10.00
$0 $0 $0
MacGeorge Caradine Director 10.00
Officer
$0 $0 $0
Karen Montgomery Director 10.00
Officer
$0 $0 $0
Annette Thrasher Director 10.00
Officer
$0 $0 $0
Linda Brazzeal Treasurer Current in 2022 10.00
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
2021 $218,637 $120,262 $105,516 $98,375
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