GREATER MEDINA CHAMBER OF COMMERCE

🔒

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

Financial Trends

Organization Details

Formation Year

1938

Legal Domicile

Principal Officer

JACLYN M RINGSTMEIER

Phone

3307238773

Tax Period

2023-01-01 to 2023-12-31

GREATER MEDINA CHAMBER OF COMMERCE, founded in 1938, is a small nonprofit that reported $325K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $284K left a modest 13% surplus.

Mission

TO SERVE MEMBER INVESTORS AND PROMOTE BUSINESS INTERESTS THROUGH ECONOMIC DEVELOPMNET, BUSINESS ADVOCACY, AND MEMBER SERVICES, WHICH BENEFIT HTE GREATER MEDINA COMMUNITY.

Program Service Accomplishments

Program 1

THE CHAMBER OF COMMERCE OF MEDINA, OH HOLDS NUMEROUS MEETING FOR MEMBERS THROUGHOUT THE YEAR. THESE INCLUDE BUT ARE NOT LIMITED TO: MONTHLY MEMBERSHIP, SEMINARS/EDUCATIONAL VENUES, NETWORKING, SAFETY...

Program 2

THE CHAMBER ALSO COORDINATES AND OPERATES A NUMBER OF PROGRAMS FOR ITS MEMBERS SUCH AS BUSINESS EXPOS, CONFERENCES, COMMUNITY EVENTS, AND THE PROVISION FOR GROUP BENEFIT OPTIONS.

Program 3

THE FILING ORGANIZATIONS ALSO PROVIDES MEMBERS WITH VALUABLE EXPOSURE THROUGH MEMBERSHIP DIRECTORIES, NEWSLETTERS, AND OTHER PUBLICATIONS.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,830

Program Service Revenue $279,441

Investment Income $6,453

Other Revenue $34,151

TOTAL REVENUE $324,875

Expense Breakdown

Grants Paid $0

Salaries & Benefits $179,748

Fundraising Expenses $0

Other Expenses $104,436

TOTAL EXPENSES $284,184

Year-over-Year Comparison

	2023	2022	Change
Revenue	$324,875	$282,060	+0.2%
Expenses	$284,184	$273,591	+0.0%
Net Income	$40,691	$8,469	+3.8%

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

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

$90,508

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACLYN M RINGSTMEIER	EXECUTIVE DI	45.00	Officer	$82,175	$8,333	$90,508
DAN CALVIN	TREASURER	2.00	Officer Director	$0	$0	$0
RYAN CARLSON	BOARD DIRECT	1.00	Director	$0	$0	$0
KATHY EISESER	BOARD DIRECT	1.00	Director	$0	$0	$0
NATE EPPINK	BOARD DIRECT	1.00	Director	$0	$0	$0
STEVE FERRIS	VC BUSINESS	1.00	Officer Director	$0	$0	$0
NICK HOWELL	BOARD DIRECT	1.00	Director	$0	$0	$0
MICHELLE MASICA	BOARD DIRECT	2.00	Director	$0	$0	$0
BERNARD MCCRAE	BOARD DIRECT	1.00	Director	$0	$0	$0
JULIE MCNABB	VC MEMBER SE	1.00	Officer Director	$0	$0	$0
RON PAYDO	PRESIDENT	2.00	Officer Director	$0	$0	$0
TERESA RODGERS	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
DR RICHARD SHEWBRIDGE	BOARD DIRECT	1.00	Director	$0	$0	$0
JACLYN TAYLOR	BOARD DIRECT	1.00	Director	$0	$0	$0
KELLI WAGNER	BOARD DIRECT	1.00	Director	$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	No data	No data	No data	No data
2023	$324,875	$284,184	$757,678	$40,691
2022	$282,060	$273,591	$697,224	$8,469
2021	$303,301	$252,352	$719,266	$50,949
2020	$264,517	$230,851	$661,692	$33,666
2019	$273,555	$244,613	$620,734	$28,942
2018	$270,227	$251,794	$588,682	$18,433