HOWELL AREA CHAMBER OF COMMERCE

EIN: 381323751

HOWELL, MI

Total Revenue
$784,025
Total Expenses
$789,623
Total Assets
$441,044
Net Assets
$181,464
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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
1949
Legal Domicile
MI
Principal Officer
JANELLE SMITH
Phone
5175463920
Tax Period
2023-01-01 to 2023-12-31

HOWELL AREA CHAMBER OF COMMERCE, founded in 1949, is a small nonprofit that reported $784K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

AS A MEMBERSHIP ORGANIZATION, THE CHAMBER FOSTERS, SUPPORTS AND IS A CATALYST FOR A STRONG AND DIVERSE BUSINESS BASE THROUGH PROGRAMS THAT PROMOTE A VIABLE BUSINESS ENVIRONMENT; A HIGH QUALITY OF LIFE; AND AN EXCEPTIONAL COMMUNITY IN THE HOWELL AREA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $777,908
Investment Income $2,074
Other Revenue $4,043
TOTAL REVENUE $784,025

Expense Breakdown

Grants Paid $0
Salaries & Benefits $325,347
Fundraising Expenses $0
Program Expenses $516,649
Other Expenses $464,276
TOTAL EXPENSES $789,623

Year-over-Year Comparison

2023 2022 Change
Revenue $784,025 $675,486 +0.2%
Expenses $789,623 $658,196 +0.2%
Net Income $-5,598 $17,290 -1.3%
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
7
Volunteers
60

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
6
$115,426
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANELLE SMITH PRESIDENT 50.00
Officer
$115,426 $0 $115,426
ANDREA DAHLINE CHAIR 0.50
Officer
$0 $0 $0
GEOF GREENEISEN VICE CHAIR 0.50
Officer
$0 $0 $0
PATTI GRIFFITH PAST CHAIR 0.50
Officer
$0 $0 $0
MARCIA GEBAROWSKI SECRETARY 0.50
Officer
$0 $0 $0
NICOLE DOMITROVICH TREASURER 0.50
Officer
$0 $0 $0
ALAN SHEVELA DIRECTOR 0.50
Director
$0 $0 $0
JOHN SCOTTA DIRECTOR 0.50
Director
$0 $0 $0
RICHARD LIM DIRECTOR 0.50
Director
$0 $0 $0
DAVE YANCHO DIRECTOR 0.50
Director
$0 $0 $0
SUZY MURPHY DIRECTOR 0.50
Director
$0 $0 $0
DENNIS PERKINS DIRECTOR 0.50
Director
$0 $0 $0
SUSAN POMINVILLE DIRECTOR 0.50
Director
$0 $0 $0
HOLLY WARD-LAMB DIRECTOR 0.50
Director
$0 $0 $0
ANTHONY CORATTI DIRECTOR 0.50
Director
$0 $0 $0
ANNE RENNIE DIRECTOR 0.50
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 No data No data No data No data
2023 $784,025 $789,623 $441,044 $-5,598
2022 $675,486 $658,196 $447,644 $17,290
2021 $494,981 $474,428 $439,936 $20,553
2020 $371,816 $434,716 $447,766 $-62,900
2019 $911,115 $871,673 $274,601 $39,442
2018 $819,644 $821,153 $281,190 $-1,509
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