PERRYSBURG AREA CHAMBER OF COMMERC… - Form 990 Financial Data

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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

1968

Legal Domicile

Phone

4198749147

Tax Period

2023-01-01 to 2023-12-31

PERRYSBURG AREA CHAMBER OF COMMERCE INC, founded in 1968, is a small nonprofit that reported $210K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $182K left a modest 13% surplus.

Mission

In partnership with the community, the Chamber is committed to the support of business growth and economic vitality of its members and the Perrysburg area. The Chamber provides a forum, conduit and voice for business and community issues. It also strives to create, enhance and preserve the economic strength and quality of life in the Perrysburg area.

Program Service Accomplishments

Program 1

Chamber of Commerce activities oriented toward promotion of businesses and economic development in the Perrysburg area as well as fostering community pride and a positive living environment.

Program 2

Increasing the effectiveness of the City of Perrysburgs Convention and Visitors Bureau (CVB) by providing management/administrative support as funded through a cost-reimbursement grant.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $146,787

Program Service Revenue $56,755

Investment Income $6,804

Other Revenue $0

TOTAL REVENUE $210,346

Expense Breakdown

Grants Paid $0

Salaries & Benefits $92,210

Fundraising Expenses $0

Other Expenses $89,973

TOTAL EXPENSES $182,183

Year-over-Year Comparison

	2023	2022	Change
Revenue	$210,346	$185,768	+0.1%
Expenses	$182,183	$178,960	+0.0%
Net Income	$28,163	$6,808	+3.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRODY WALTERS	PRES (JAN - JUN)	4.00	Officer Director	$0	$0	$0
ALLEN LIMES	PRES (JUL - DEC)	4.00	Officer Director	$0	$0	$0
ALLEN LIMES	VP (JAN - JUN)	2.00	Officer Director	$0	$0	$0
ANDREA GWYN	VP (JUL - DEC)	2.00	Officer Director	$0	$0	$0
VICKY CANALES-PRATT	TREASURER (JAN - OCT)	2.00	Officer Director	$0	$0	$0
VACANT POSITION	TREASURER (NOV - DEC)	2.00	Officer Director	$0	$0	$0
VACANT POSITION	SECRETARY (JAN - JUN)	2.00	Officer Director	$0	$0	$0
LINDSAY BUKER	SECRETARY (JUL - DEC)	2.00	Officer Director	$0	$0	$0
WALLY BELL	TRUSTEE (ALL YEAR)	0.50	Director	$0	$0	$0
LINDSAY BUKER	TRUSTEE (JAN - JUN)	0.50	Director	$0	$0	$0
ANDREA GWYN	TRUSTEE (JAN - JUN)	0.50	Director	$0	$0	$0
JANEL HAAS	TRUSTEE (JAN - JUN)	0.50	Director	$0	$0	$0
ED HARMON	TRUSTEE (JUL - DEC)	0.50	Director	$0	$0	$0
ERIC HENNAN	TRUSTEE (ALL YEAR)	0.50	Director	$0	$0	$0
RYAN HILL	TRUSTEE (ALL YEAR)	0.50	Director	$0	$0	$0
TRAVIS McAFEE	TRUSTEE (JUL - DEC)	0.50	Director	$0	$0	$0
AMY MILLER	TRUSTEE (JUL - DEC)	0.50	Director	$0	$0	$0
ALLEX SKOTYNSKY	TRUSTEE (JUL - DEC)	0.50	Director	$0	$0	$0
BRODY WALTERS	TRUSTEE (JUL - DEC)	0.50	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	$210,346	$182,183	$232,874	$28,163
2021	$228,113	$217,116	$197,454	$10,997
2020	$221,475	$230,589	$188,660	$-9,114
2019	$272,427	$255,364	$197,671	$17,063
2018	$257,835	$250,299	$180,520	$7,536

PERRYSBURG AREA CHAMBER OF COMMERCE INC