GREATER VALPARAISO CHAMBER OF COMMERCE (EIN 350727140) - Form 990 Financial Analysis & Trantor Score

🔒

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

1912

Legal Domicile

Principal Officer

REX RICHARDS

Phone

2194621105

Tax Period

2024-01-01 to 2024-12-31

GREATER VALPARAISO CHAMBER OF COMMERCE, founded in 1912, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024.

Mission

TO ASSIST BUSINESSES IN THE GREATER VALPARAISO AREA.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $110,285

Program Service Revenue $639,300

Investment Income $7,987

Other Revenue $406,928

TOTAL REVENUE $1,164,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $704,621

Fundraising Expenses $31,783

Other Expenses $458,315

TOTAL EXPENSES $1,162,936

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,164,500	$1,137,630	+0.0%
Expenses	$1,162,936	$1,133,612	+0.0%
Net Income	$1,564	$4,018	-0.6%

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

$145,250

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REX RICHARDS	PRESIDENT	50.00	Officer Highest	$145,250	$0	$145,250
NICK LARSON	BOARD CHAIR & VICE CHAIR	2.50	Officer Director	$0	$0	$0
MATT EVANS	CHAIR- ELECT & VICE-CHAIR	2.50	Officer Director	$0	$0	$0
LEE LANE	IMMEDIATE PAST-CHAIR	2.50	Officer Director	$0	$0	$0
PRANATI BANSAL	BOARD MEMBER	1.00	Director	$0	$0	$0
CLIFTON DILLMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
NIC ERHARDT	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVE KARP	BOARD MEMBER	1.00	Director	$0	$0	$0
TOM CARROLL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
STEPHANIE DOMAZET	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LISA KIGER	BOARD MEMBER	1.00	Director	$0	$0	$0
ROB MORETH	BOARD MEMBER	1.00	Director	$0	$0	$0
ANGELICA SCHULTIS	BOARD MEMBER	1.00	Director	$0	$0	$0
ACO SIKOSKI	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER FIGG	BOARD MEMBER	1.00	Director	$0	$0	$0
JEANNE SOMMER	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL VOLLBRECHT	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMIE SULCER	BOARD MEMBER	1.00	Director	$0	$0	$0
ANALISA WARRING	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
DR JAMES LEONARD	BOARD MEMBER	1.00	Director	$0	$0	$0
CINDY SAUSMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
GREG GOTTSCHALK	TREASURER	1.00	Officer 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	$1,164,500	$1,162,936	$1,555,876	$1,564
2023	$1,137,630	$1,133,612	$1,593,120	$4,018
2022	$1,091,233	$1,043,731	$1,569,882	$47,502
2021	$1,117,424	$921,360	$1,528,694	$196,064
2020	$924,905	$895,656	$1,461,661	$29,249

GREATER VALPARAISO CHAMBER OF COMMERCE