Terre Haute Area Chamber of Commerce Inc

EIN: 350704800

Terre Haute, IN

Total Revenue
$1,245,663
Total Expenses
$1,189,945
Total Assets
$487,873
Net Assets
$428,035
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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
1913
Legal Domicile
IN
Principal Officer
Eleanor Caldwell
Phone
8122322391
Tax Period
2024-01-01 to 2024-12-31

Terre Haute Area Chamber of Commerce Inc, founded in 1913, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 4% surplus.

Mission

The mission of the Terre Haute Chamber of Commerce is to preserve, protect, and promote a business friendly environment free of obstacles to growth and development.

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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 $956,144
Program Service Revenue $282,370
Investment Income $7,149
Other Revenue $0
TOTAL REVENUE $1,245,663

Expense Breakdown

Grants Paid $0
Salaries & Benefits $383,623
Fundraising Expenses $0
Program Expenses $1,180,075
Other Expenses $806,322
TOTAL EXPENSES $1,189,945

Year-over-Year Comparison

2024 2023 Change
Revenue $1,245,663 $742,593 +0.7%
Expenses $1,189,945 $756,350 +0.6%
Net Income $55,718 $-13,757 -5.1%
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

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Governance

Voting Members
37
Independent Members
37
Employees
12
Volunteers
250

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
8
$120,203
Total Directors
37
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Roberto Bohrer Member 0.30
Director
$0 $0 $0
Ellie Caldwell Treasurer 0.50
Officer Director
$0 $0 $0
John Collett Vice Chair 0.50
Officer Director
$0 $0 $0
Rob Coons Member 0.30
Director
$0 $0 $0
Lea Anne Crooks Member 0.30
Director
$0 $0 $0
Brian Dyer Member 0.30
Director
$0 $0 $0
Dan Gmelich Member 0.30
Director
$0 $0 $0
Brandon Halleck Member 0.30
Director
$0 $0 $0
Terry Hogan Member 0.30
Director
$0 $0 $0
Steve Holman Member 0.30
Director
$0 $0 $0
Ryan Keller Member 0.30
Director
$0 $0 $0
Brian Kooistra Vice Chair 0.50
Officer Director
$0 $0 $0
Norman Lowery Chair 0.50
Officer Director
$0 $0 $0
Courtney Richey-Chipol Member 0.30
Director
$0 $0 $0
Scotty Scott Vice Chair 0.50
Officer Director
$0 $0 $0
Sara Smith Vice Chair 0.50
Officer Director
$0 $0 $0
Chris Switzer Member 0.30
Director
$0 $0 $0
David Templeton Immediate Past Chair 0.50
Officer Director
$0 $0 $0
Sam Shanks Member 0.30
Director
$0 $0 $0
Gerald Beuvelet Member 0.30
Director
$0 $0 $0
Meredith Osburn Member 0.30
Director
$0 $0 $0
Janie Myers Member 0.30
Director
$0 $0 $0
David Baker Member 0.30
Director
$0 $0 $0
Casey Schroeppel Member 0.30
Director
$0 $0 $0
Jim Behnke Member 0.30
Director
$0 $0 $0
Mel Burks Member 0.30
Director
$0 $0 $0
Rick Burger Member 0.30
Director
$0 $0 $0
Mike Godard Member 0.30
Director
$0 $0 $0
Karen Dyer Member 0.30
Director
$0 $0 $0
David Fuson Member 0.30
Director
$0 $0 $0
Chris Himsel Member 0.30
Director
$0 $0 $0
Ron Hodge Member 0.30
Director
$0 $0 $0
Brennan Randolph Member 0.30
Director
$0 $0 $0
Craig Maschino Member 0.30
Director
$0 $0 $0
Brandon Sakbun Member 0.30
Director
$0 $0 $0
Andy Volkl Member 0.30
Director
$0 $0 $0
Steve Witt Member 0.30
Director
$0 $0 $0
Kristin Craig President 40.00
Officer
$120,203 $0 $120,203
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 $1,245,663 $1,189,945 $487,873 $55,718
2023 $742,593 $756,350 $478,231 $-13,757
2022 $606,626 $601,072 $546,230 $5,554
2021 $667,302 $613,394 $426,494 $53,908
2020 $553,375 $543,499 $458,035 $9,876
2019 $639,490 $635,845 $410,253 $3,645
2018 $565,247 $686,310 $362,090 $-121,063
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