DEARBORN AREA CHAMBER OF COMMERCE

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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

1952

Legal Domicile

Principal Officer

MAUREEN WINFREE

Phone

3135846100

Tax Period

2024-01-01 to 2024-12-31

DEARBORN AREA CHAMBER OF COMMERCE, founded in 1952, is a small nonprofit that reported $331K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $296K left a modest 11% surplus.

Mission

TO ACTIVELY DEVELOP, PROMOTE AND ASSIST ITS MEMBERS IN ACHIEVING THEIR BUSINESS OBJECTIVES, WHILE STRENGTHENING THE PARTNERSHIP BETWEEN COMMUNITIES, BUSINESSES AND MUNICIPALITIES.

Program Service Accomplishments

Program 1

PROVIDING LEADERSHIP BY DEVELOPING UNIFIED VOICE FOR MEMBER BUSINESSES THROUGH PROMOTION, ASSISTANCE AND DEVELOPMENT OF PARTNERSHIPS IN OUR COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $331,123

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $331,123

Expense Breakdown

Grants Paid $0

Salaries & Benefits $91,109

Fundraising Expenses $0

Other Expenses $204,872

TOTAL EXPENSES $295,981

Year-over-Year Comparison

	2024	2023	Change
Revenue	$331,123	$260,171	+0.3%
Expenses	$295,981	$465,643	-0.4%
Net Income	$35,142	$-205,472	-1.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAM ABBAS	DIRECTOR	N/A	Director	$0	$0	$0
HASSAN BAZZI	DIRECTOR	N/A	Director	$0	$0	$0
DALE A BENDER	TREASURER	N/A	Director	$0	$0	$0
KENNETH KETTENBEIL	SECRETARY	N/A	Officer	$0	$0	$0
MAUREEN WINFREE	DIRECTOR	0.00	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
2025	No data	No data	No data	No data
2024	$331,123	$295,981	$243,103	$35,142
2023	$260,171	$465,643	$263,540	$-205,472
2022	$309,561	$363,007	$443,212	$-53,446
2021	$381,930	$374,607	$565,220	$7,323