OTTAWA AREA CHAMBER OF COMMERCE AND INDUSTRY (EIN 361588690) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

RICHARD CRUM

Phone

8154330084

Tax Period

2023-01-01 to 2023-12-31

OTTAWA AREA CHAMBER OF COMMERCE AND INDUSTRY is a small nonprofit that reported $234K in total revenue in fiscal year 2023. Expenses of $200K left a modest 14% surplus.

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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 $163,813

Program Service Revenue $43,244

Investment Income $3,961

Other Revenue $22,720

TOTAL REVENUE $233,738

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,201

Fundraising Expenses $0

Other Expenses $98,815

TOTAL EXPENSES $200,016

Year-over-Year Comparison

	2023	2022	Change
Revenue	$233,738	N/A	N/A
Expenses	$200,016	N/A	N/A
Net Income	$33,722	N/A	N/A

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

N/A

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

$50,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF HETTRICK	EXECUTIVE DI	40.00	Officer	$50,000	$0	$50,000
KEVIN BRESSENDORF	DIRECTOR	N/A	Officer	$0	$0	$0
DOUG CARROLL	DIRECTOR	N/A	Officer	$0	$0	$0
KATHERINE CORCORAN	DIRECTOR	N/A	Officer	$0	$0	$0
JENNY COTTINGHAM	DIRECTOR	N/A	Officer	$0	$0	$0
DEWAYNE CRONKRIGHT	DIRECTOR	N/A	Officer	$0	$0	$0
RICHARD CRUM	VICE CHAIRMA	N/A	Officer	$0	$0	$0
LAURIE DUFFELL	DIRECTOR	N/A	Officer	$0	$0	$0
DR DAN FARRELL	DIRECTOR	N/A	Officer	$0	$0	$0
ROBERT HASTY	DIRECTOR	N/A	Officer	$0	$0	$0
RON HENSON	CHAIRMAN OF	N/A	Officer	$0	$0	$0
CARRIE HERRO	TREASURER	N/A	Officer	$0	$0	$0
DAN LIEBHART	DIRECTOR	N/A	Officer	$0	$0	$0
GENTRY NORDSTROM	DIRECTOR	N/A	Officer	$0	$0	$0
MARY OLSON	DIRECTOR	N/A	Officer	$0	$0	$0
JOSE PEREZ	DIRECTOR	N/A	Officer	$0	$0	$0
JEANETTE PHALEN	DIRECTOR	N/A	Officer	$0	$0	$0
ANGIE STEVENSON	DIRECTOR	N/A	Officer	$0	$0	$0
ANTHONY WILLIAMS	DIRECTOR	N/A	Officer	$0	$0	$0
ANNA WRIGHT	DIRECTOR	N/A	Officer	$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	$233,738	$200,016	$180,581	$33,722
2020	$94,461	$130,602	$152,093	$-36,141
2019	$274,677	$246,021	$157,730	$28,656
2018	$230,942	$254,033	$137,893	$-23,091

OTTAWA AREA CHAMBER OF COMMERCE AND INDUSTRY