DAVISON AREA CHAMBER OF COMMERCE

EIN: 381723052

DAVISON, MI

Total Revenue
$141,615
Total Expenses
$123,050
Total Assets
$101,619
Net Assets
$82,055
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
MI
Principal Officer
Jessica Brown
Phone
8102087888
Tax Period
2024-01-01 to 2024-12-31

DAVISON AREA CHAMBER OF COMMERCE, founded in 1951, is a small nonprofit that reported $142K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $123K left a modest 13% surplus.

Mission

The mission of the Davison Area Chamber of Commerce is to grow into a hub for local businesses, churches, organizations and community events. The Davison Chamber believes that all businesses are important in our area. The goal of the Chamber is to promote local businesses and work with others to improve the quality of life for our community. The benefits of membership include networking opportunities, business support services, referrals, community services and events.

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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 (2024)

Revenue Breakdown

Contributions & Grants $33,264
Program Service Revenue $96,318
Investment Income $1,927
Other Revenue $10,106
TOTAL REVENUE $141,615

Expense Breakdown

Grants Paid $0
Salaries & Benefits $59,503
Fundraising Expenses $0
Program Expenses $0
Other Expenses $63,547
TOTAL EXPENSES $123,050

Year-over-Year Comparison

2024 2023 Change
Revenue $141,615 $120,982 +0.2%
Expenses $123,050 $93,546 +0.3%
Net Income $18,565 $27,436 -0.3%
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
10
Independent Members
10
Employees
2
Volunteers
50

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
5
$8,333
Total Directors
9
$46,639
Key Employees
2
$54,972
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Travis Howell Former Executive Director 40
Director Key Emp
$46,639 $0 $46,639
Jessica Brown Executive Director 40
Officer Key Emp
$8,333 $0 $8,333
John Good President 5
Officer Director
$0 $0 $0
Marissa Mazen Vice President 2
Officer Director
$0 $0 $0
Lindsey Whitman Vice President 2
Officer Director
$0 $0 $0
Brienne Ingersoll Secretary 2
Officer Director
$0 $0 $0
Michael Frawley Treasurer 2
Director
$0 $0 $0
Megan Avery Board Member 2
Director
$0 $0 $0
Kyle Robinson Board Member 2
Director
$0 $0 $0
Ben Vick Board Member 2
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 $141,615 $123,050 $101,619 $18,565
2023 $120,982 $93,546 $80,675 $27,436
2022 $101,486 $96,001 $42,956 $5,485
2021 $94,462 $77,894 $36,731 $16,568
2020 $52,707 $51,249 $21,703 $1,458
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