ROCHELLE AREA CHAMBER OF COMMERCE

EIN: 361693617

ROCHELLE, IL

Total Revenue
$77,390
Total Expenses
$89,316
Total Assets
N/A
Net Assets
N/A
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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
1939
Legal Domicile
IL
Principal Officer
TRICIA HERRERA
Phone
8155624189
Tax Period
2021-05-01 to 2022-04-30

ROCHELLE AREA CHAMBER OF COMMERCE, founded in 1939, is a micro nonprofit that reported $77K in total revenue in fiscal year 2021. Revenue decreased 16% compared to the prior year. Expenses of $89K exceeded revenue, resulting in a 15% operating deficit.

Mission

CHAMBER OF COMMERCE

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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 (2021)

Revenue Breakdown

Contributions & Grants $49,490
Program Service Revenue $0
Investment Income $9
Other Revenue $27,891
TOTAL REVENUE $77,390

Expense Breakdown

Grants Paid $0
Salaries & Benefits $51,771
Fundraising Expenses $0
Other Expenses $37,545
TOTAL EXPENSES $89,316

Year-over-Year Comparison

2021 2020 Change
Revenue $77,390 $92,448 -0.2%
Expenses $89,316 $71,339 +0.3%
Net Income $-11,926 $21,109 -1.6%
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
9
Independent Members
5
Employees
N/A
Volunteers
5

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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRICIA HERRERA EXECUTIVE DIRECTOR 2.00
Officer
$0 $0 $0
KARI ANDRIST PRESIDENT 2.00
Officer
$0 $0 $0
SARAH THUESTAD VICE PRESIDENT 2.00
Officer
$0 $0 $0
JEFF FIEGENSCHUH DIRECTOR 2.00
Director
$0 $0 $0
BRANDON SVELA TREASURER 2.00
Director
$0 $0 $0
KRIS WEXELL DIRECTOR 2.00
Director
$0 $0 $0
JESSICA MORRIS DIRECTOR 2.00
Director
$0 $0 $0
JOSH WILLIAMS DIRECTOR 2.00
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
2022 $77,390 $89,316 No data $-11,926
2021 $92,448 $71,339 No data $21,109
2020 $59,484 $60,686 No data $-1,202
2019 $80,692 $54,695 No data $25,997
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