CHESTERTONDUNELAND CHAMBER OF COMMERCE

EIN: 351263828

CHESTERTON, IN

Total Revenue
$580,952
Total Expenses
$549,381
Total Assets
$505,283
Net Assets
$491,132
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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
1972
Legal Domicile
IN
Principal Officer
MAURA MUNDELL
Phone
2199265513
Tax Period
2024-01-01 to 2024-12-31

CHESTERTONDUNELAND CHAMBER OF COMMERCE, founded in 1972, is a small nonprofit that reported $581K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $549K left a modest 5% surplus.

Mission

BUSINESS PROMOTION

Program Service Accomplishments

Program 1

ADVERTISING OPPORTUNITIES - HIGHWAY 49 SIGN, MEMBER DIRECTORY, MAGAZINE AND BANNERS.

Program 2

MEMBERSHIP LUNCHEONS, EDUCATIONAL SEMINARS AND PROGRAMS TO PROMOTE BUSINESS WITHIN THE COMMUNITY. THE ENTIRE COMMUNITY BENEFITS FROM THE CHAMBER'S ACTIVITIES.

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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 $144,589
Program Service Revenue $241,250
Investment Income $13,005
Other Revenue $182,108
TOTAL REVENUE $580,952

Expense Breakdown

Grants Paid $40,000
Salaries & Benefits $297,643
Fundraising Expenses $0
Other Expenses $134,079
TOTAL EXPENSES $549,381

Year-over-Year Comparison

2024 2023 Change
Revenue $580,952 $533,292 +0.1%
Expenses $549,381 $464,424 +0.2%
Net Income $31,571 $68,868 -0.5%
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
15
Independent Members
15
Employees
6
Volunteers
7

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
5
$92,721
Total Directors
16
$92,721
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAURA MUNDELL Executive Dir. 40.00
Officer Director
$92,721 $0 $92,721
LAURA ZARANSKI Chairman 2.00
Officer Director
$0 $0 $0
ROBERT KOLLAR PAST CHAIR 1.00
Director
$0 $0 $0
BONNY HILDEBRAND Secretary 2.00
Officer Director
$0 $0 $0
LISA HUMAN VICE CHAIR 2.00
Officer Director
$0 $0 $0
JOE GROSSBAUER AT LARGE 1.00
Director
$0 $0 $0
DR CHIP PETTIT BOARD MEMBER 1.00
Director
$0 $0 $0
DAWN THOSTESEN AT LARGE 1.00
Director
$0 $0 $0
RICHARD RILEY AT LARGE 1.00
Director
$0 $0 $0
DAVID GILBERT BOARD MEMBER 1.00
Director
$0 $0 $0
KATIE CORTES BOARD MEMBER 1.00
Director
$0 $0 $0
SHAUN ENSIGN AT LARGE 1.00
Director
$0 $0 $0
MIKE JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
RAEANN TRAKAS BOARD MEMBER 1.00
Director
$0 $0 $0
SUZANNE RADZIK Treasurer 2.00
Officer Director
$0 $0 $0
CHRIS SAVOIA BOARD MEMBER 1.00
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 $580,952 $549,381 $505,283 $31,571
2023 $533,292 $464,424 $516,320 $68,868
2022 $489,777 $454,559 $474,759 $35,218
2021 $484,257 $419,288 $416,497 $64,969
2020 $353,481 $407,927 $311,068 $-54,446
2019 $477,693 $468,741 $375,055 $8,952
2018 $519,657 $468,572 $356,725 $51,085
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