URBANA-CHAMPAIGN COUNTY CHAMBER OF COMMERCE INC

EIN: 344474283

URBANA, OH

Total Revenue
$294,618
Total Expenses
$277,879
Total Assets
$379,258
Net Assets
$202,543
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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
1970
Legal Domicile
OH
Principal Officer
SARA NEER
Phone
9376535764
Tax Period
2023-01-01 to 2023-12-31

URBANA-CHAMPAIGN COUNTY CHAMBER OF COMMERCE INC, founded in 1970, is a small nonprofit that reported $295K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $278K left a modest 6% surplus.

Mission

THE MISSION OF THE CHAMPAIGN COUNTY CHAMBER OF COMMERCE IS TO CONNECT CHAMPAIGN COUNTY BY PROMOTING OUR MEMBERS AND INSPIRING COLLABORATION BY OFFERING RESOURCES AND OPPORTUNITIES TO ENHANCE OUR COMMUNITY.

Program Service Accomplishments

Program 1

SAFETY COUNCIL: GOAL IS TO PROVIDE IMPORTANT, SAFETY & WELLNESS INFORMATION IN MONTHLY SESSIONS FOR OUR MEMBERS, WITH THE GOAL OF REDUCING ACCIDENTS & CLAIMS AND CREATING BWC PREMIUM SAVINGS &...

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SAFETY COUNCIL: GOAL IS TO PROVIDE IMPORTANT, SAFETY & WELLNESS INFORMATION IN MONTHLY SESSIONS FOR OUR MEMBERS, WITH THE GOAL OF REDUCING ACCIDENTS & CLAIMS AND CREATING BWC PREMIUM SAVINGS & DISCOUNTS FOR EMPLOYERS. MONTHLY CLASSES AND WORKSHOPS IN WORK PLACE SAFETY ARE OFFERED TO AREA BUSINESSES. PARTICIPATION QUALIFIES BUSINESSES FOR REDUCTIONS IN WORKERS COMPENSATION PREMIUMS. DURING THE YEAR, BWC DID NOT GIVE ANY DISCOUNTS, DUE TO BWC REFUNDS GIVEN DIRECTLY TO THE COMPANIES. MONTHLY SAFETY COUNCIL SESSIONS WERE STILL HELD FOR MEMBERS.

Program 2

LEADERSHIP PROGRAM: THE LEADERSHIP PROGRAM IS A LEADERSHIP DEVELOPMENT PROGRAM OF THE CHAMBER. THE PROGRAM AIMS TO CONNECT PARTICIPANTS WITH DIVERSE SECTORS AND LEADERS OF OUR COMMUNITY AND TO CREATE...

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LEADERSHIP PROGRAM: THE LEADERSHIP PROGRAM IS A LEADERSHIP DEVELOPMENT PROGRAM OF THE CHAMBER. THE PROGRAM AIMS TO CONNECT PARTICIPANTS WITH DIVERSE SECTORS AND LEADERS OF OUR COMMUNITY AND TO CREATE AN ENVIRONMENT IN WHICH PARTICIPANTS CAN NETWORK AND DISCOVER THEIR PASSIONS, IN ORDER TO FIND WAYS TO BEST SERVE OUR COMMUNITY AS LEADERS.

Program 3

SEMINARS: BUSINESS SEMINARS ARE OFFERED PERIODICALLY THROUGHOUT THE YEAR FOR MEMBER BUSINESSES ON A VARIETY OF EDUCATIONAL TOPICS RELATED TO ENTEPRENEURIAL BUSINESS FEATURING INVITED SPEAKERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $144,525
Program Service Revenue $121,363
Investment Income $149
Other Revenue $28,581
TOTAL REVENUE $294,618

Expense Breakdown

Grants Paid $0
Salaries & Benefits $134,462
Fundraising Expenses $0
Other Expenses $143,417
TOTAL EXPENSES $277,879

Year-over-Year Comparison

2023 2022 Change
Revenue $294,618 $267,958 +0.1%
Expenses $277,879 $237,626 +0.2%
Net Income $16,739 $30,332 -0.4%
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
7
Independent Members
7
Employees
4
Volunteers
70

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
3
$49,616
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TONYA WEST PRESIDENT 1.00
Officer Director
$0 $0 $0
BRETT SPRIGGS PRESIDENT-ELECT 1.00
Officer Director
$0 $0 $0
GRACE KURTZ DIRECTOR 1.00
Director
$0 $0 $0
BRAD MILLICE DIRECTOR 1.00
Director
$0 $0 $0
ELTON CULTICE DIRECTOR 1.00
Director
$0 $0 $0
SPENCER MITCHELL DIRECTOR 1.00
Director
$0 $0 $0
JEREMIAH STOCKSDALE DIRECTOR 1.00
Director
$0 $0 $0
SARA NEER EXECUTIVE DIRECTOR 40.00
Officer
$49,616 $0 $49,616
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 $294,618 $277,879 $379,258 $16,739
2022 $267,958 $237,626 $370,404 $30,332
2021 $248,590 $184,425 $372,257 $64,165
2020 $191,027 $154,222 $278,070 $36,805
2019 $127,259 $187,486 $198,223 $-60,227
2018 $197,186 $155,696 $314,897 $41,490
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