Geneva on the Lake Chamber of Commerce - Convention & Visitors Bureau

EIN: 341412478

Geneva, OH

Total Revenue
$242,122
Total Expenses
$194,806
Total Assets
$225,554
Net Assets
$225,554
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
OH
Principal Officer
David M Otto
Phone
4404668600
Tax Period
2024-01-01 to 2024-12-31

Geneva on the Lake Chamber of Commerce - Convention & Visitors Bureau, founded in 1944, is a small nonprofit that reported $242K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $47K, a strong 20% operating margin.

Mission

To promote and advance the civic, economic, historical, educational, cultural and social welfare of the people of Geneva on the Lake and the visiting tourists to our community; to promote the are as a good place to live, work, recreate and shop; to secure the active aid and cooperation of all citizens, associations, merchant, manuracturers, professional men, property owners, public officials, employers and employees in advancing the best interests of the Geneva on the Lake 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 $242,104
Program Service Revenue $0
Investment Income $18
Other Revenue $0
TOTAL REVENUE $242,122

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $194,806
TOTAL EXPENSES $194,806

Year-over-Year Comparison

2024 2023 Change
Revenue $242,122 $394,168 -0.4%
Expenses $194,806 $282,335 -0.3%
Net Income $47,316 $111,833 -0.6%
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
12
Independent Members
12
Employees
N/A
Volunteers
12

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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Edward Andrus President N/A
Officer Director
$0 $0 $0
Stephanie Shaffer Vice President N/A
Officer Director
$0 $0 $0
Gayle Andrus Secretary N/A
Officer Director
$0 $0 $0
David M Otto Treasurer N/A
Officer Director
$0 $0 $0
David McGrath Board Member N/A
Director
$0 $0 $0
Donald C Woodward Board Member N/A
Director
$0 $0 $0
Andrea Bushweiler Board Member N/A
Director
$0 $0 $0
Daisy Hall Board Member N/A
Director
$0 $0 $0
Nina Salerno Board Member N/A
Director
$0 $0 $0
Ania Raclawski Board Member N/A
Director
$0 $0 $0
Tiffany Caudill Board Member N/A
Director
$0 $0 $0
Lisa Baer Board Member N/A
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 $242,122 $194,806 $225,554 $47,316
2023 $394,168 $282,335 No data $111,833
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