MARION AREA CHAMBER OF COMMERCE INC

EIN: 314243110

MARION, OH

Total Revenue
$425,170
Total Expenses
$429,105
Total Assets
$284,049
Net Assets
$282,715
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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
1915
Legal Domicile
OH
Principal Officer
HEIDI L JONES
Phone
7403822181
Tax Period
2024-01-01 to 2024-12-31

MARION AREA CHAMBER OF COMMERCE INC, founded in 1915, is a small nonprofit that reported $425K in total revenue in fiscal year 2024.

Mission

THE CHAMBER IS AN ASSOCIATION OF BUSINESSES PROVIDING LEADERSHIP FOR IMPROVEMENT OF THE ECONOMIC PROSPERITY AND QUALITY OF LIFE IN THE MARION AREA.

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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 $193,259
Program Service Revenue $44,351
Investment Income $4,598
Other Revenue $182,962
TOTAL REVENUE $425,170

Expense Breakdown

Grants Paid $0
Salaries & Benefits $244,472
Fundraising Expenses $0
Program Expenses $42,954
Other Expenses $184,633
TOTAL EXPENSES $429,105

Year-over-Year Comparison

2024 2023 Change
Revenue $425,170 $414,344 +0.0%
Expenses $429,105 $401,401 +0.1%
Net Income $-3,935 $12,943 -1.3%
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
20
Independent Members
20
Employees
6
Volunteers
85

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
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BECKY WORLY CHAIRPERSON N/A
Officer Director
$0 $0 $0
GRANT GATES 1ST VICE CHA N/A
Officer Director
$0 $0 $0
JIM VANCE SECOND VICE N/A
Officer Director
$0 $0 $0
SCOTT KNOWLES TREASURER N/A
Officer Director
$0 $0 $0
SHARON BALDINGER IMMEDIATE PA N/A
Officer Director
$0 $0 $0
JACQUE PSYHOGIOS EX-OFFICIO N/A
Officer Director
$0 $0 $0
REJEANA WOOLUM-NAPIER DIRECTOR N/A
Officer Director
$0 $0 $0
DON MOUNT EX-OFFICO N/A
Officer Director
$0 $0 $0
CASS SISLER DIRECTOR N/A
Director
$0 $0 $0
RYAN RISNER DIRECTOR N/A
Director
$0 $0 $0
LESLIE ARMSTRONG DIRECTOR N/A
Director
$0 $0 $0
CHRIS BRAZELL DIRECTOR N/A
Director
$0 $0 $0
JEREMY BYERS DIRECTOR N/A
Director
$0 $0 $0
BEN ALBRIGHT DIRECTOR N/A
Director
$0 $0 $0
TIM CHAMBERS DIRECTOR N/A
Director
$0 $0 $0
EVAN GEYER DIRECTOR N/A
Director
$0 $0 $0
JIM PAROBECK DIRECTOR N/A
Director
$0 $0 $0
LAURA WOUGHTER DIRECTOR N/A
Director
$0 $0 $0
MISTY HAYDEN DIRECTOR N/A
Director
$0 $0 $0
NICOLE WORKMAN DIRECTOR N/A
Director
$0 $0 $0
HEIDI L JONES PRESIDENT 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
2025 No data No data No data No data
2024 $425,170 $429,105 $284,049 $-3,935
2023 $414,344 $401,401 $287,887 $12,943
2022 $402,193 $370,357 $274,526 $31,836
2021 $476,898 $378,508 $242,771 $98,390
2020 $349,176 $347,441 $144,261 $1,735
2019 $409,102 $408,086 $142,388 $1,016
2018 $432,030 $443,983 $141,789 $-11,953
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