QUINCY AREA CHAMBER OF COMMERCE

EIN: 370474990

QUINCY, IL

Total Revenue
$512,324
Total Expenses
$445,197
Total Assets
$515,818
Net Assets
$515,818
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Legal Domicile
IL
Principal Officer
BRUCE GUTHRIE
Phone
2172227980
Tax Period
2024-01-01 to 2024-12-31

QUINCY AREA CHAMBER OF COMMERCE is a small nonprofit that reported $387K in total revenue in fiscal year 2018. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $353K left a modest 9% surplus.

Mission

PROMOTE ACTIVITIES AND IDENTIFY SOLUTIONS THAT MEET MEMBER NEEDS AND ENHANCE THE BUSINESS CLIMATE AND ECONOMIC WELL-BEING OF THE QUINCY 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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $268,662
Program Service Revenue $218,292
Investment Income $20,167
Other Revenue $5,203
TOTAL REVENUE $512,324

Expense Breakdown

Grants Paid $0
Salaries & Benefits $275,652
Fundraising Expenses $0
Program Expenses $275,309
Other Expenses $169,545
TOTAL EXPENSES $445,197

Year-over-Year Comparison

2024 2023 Change
Revenue $512,324 $396,289 +0.3%
Expenses $445,197 $403,595 +0.1%
Net Income $67,127 $-7,306 -10.2%
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

Sign In

Governance

Voting Members
19
Independent Members
19
Employees
4
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
0
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAYLOR HOCKMAN DIRECTOR N/A
Director
$0 $0 $0
ABBY BARTON DIRECTOR N/A
Director
$0 $0 $0
JANA HATTEY TRUSTEE/DIRE N/A
Director
$0 $0 $0
RYAN TANNER DIRECTOR N/A
Director
$0 $0 $0
TYLER RICKELMAN VICE-CHAIR N/A
Director
$0 $0 $0
TRENT LYONS DIRECTOR N/A
Director
$0 $0 $0
TIM DAVIS DIRECTOR N/A
Director
$0 $0 $0
RYAN WHICKER TREASURER N/A
Director
$0 $0 $0
JOHN MAST DIRECTOR N/A
Director
$0 $0 $0
MARK REUSCHEL DIRECTOR N/A
Director
$0 $0 $0
MADISON PETERS DIRECTOR N/A
Director
$0 $0 $0
HEATHER RISENHOOVER DIRECTOR N/A
Director
$0 $0 $0
MICHELLE MILLER PAST CHAIR N/A
Director
$0 $0 $0
MIKE PAULING DIRECTOR N/A
Director
$0 $0 $0
JILL REIS DIRECTOR N/A
Director
$0 $0 $0
PAYNE SCHOEN CHAIR N/A
Director
$0 $0 $0
JOSH CHAPLIN DIRECTOR N/A
Director
$0 $0 $0
BRIANNA RIVERIA DIRECTOR N/A
Director
$0 $0 $0
LISA NEISEN DIRECTOR N/A
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 $512,324 $445,197 $515,818 $67,127
2023 $396,289 $403,595 $453,910 $-7,306
2022 $355,027 $376,710 $484,539 $-21,683
2021 $409,657 $312,051 $536,168 $97,606
2020 $335,514 $310,452 $498,128 $25,062
2019 $362,395 $344,697 $453,270 $17,698
2018 $387,133 $353,457 $432,406 $33,676
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare QUINCY AREA CHAMBER OF COMMERCE with other nonprofits in Illinois and across the country.