FENTON AREA CHAMBER OF COMMERCE INC

EIN: 381980383

FENTON, MI

Total Revenue
$495,930
Total Expenses
$405,924
Total Assets
$426,009
Net Assets
$120,817
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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
1972
Legal Domicile
MI
Principal Officer
A MICHELLE DAY
Phone
8106295447
Tax Period
2023-01-01 to 2023-12-31

FENTON AREA CHAMBER OF COMMERCE INC, founded in 1972, is a small nonprofit that reported $496K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $90K, a strong 18% operating margin.

Mission

TO BE A STRONG ADVOCATE FOR MEMBER BUSINESSES THROUGH SERVICES AND RESOURCES, WHILE FOSTERING THE ECONOMIC VITALITY AND PROSPERITY OF THE FENTON REGION.

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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 $154,815
Program Service Revenue $250,382
Investment Income $207
Other Revenue $90,526
TOTAL REVENUE $495,930

Expense Breakdown

Grants Paid $0
Salaries & Benefits $189,496
Fundraising Expenses $0
Other Expenses $216,428
TOTAL EXPENSES $405,924

Year-over-Year Comparison

2023 2022 Change
Revenue $495,930 $387,135 +0.3%
Expenses $405,924 $403,617 +0.0%
Net Income $90,006 $-16,482 -6.5%
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
18
Independent Members
18
Employees
5
Volunteers
100

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
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDY BARANCIK DIRECTOR 5.00
Director
$0 $0 $0
HEIDIE CIELSIELSKI DIRECTOR 5.00
Director
$0 $0 $0
RUSS CIESIELSKI DIRECTOR 5.00
Director
$0 $0 $0
JOEL GIBBONS DIRECTOR 5.00
Director
$0 $0 $0
KEITH GREEN DIRECTOR 5.00
Director
$0 $0 $0
KRISTIN HOWARD DIRECTOR 5.00
Director
$0 $0 $0
JOSH INGERSOLL EXEC COMMITT 5.00
Director
$0 $0 $0
ELIZABETH KNIGHT PAST CHAIR 5.00
Officer Director
$0 $0 $0
ED KOLEDO CHAIR 5.00
Officer Director
$0 $0 $0
DEBBIE MCINTYRE EXEC COMMITT 5.00
Director
$0 $0 $0
NICOLE MEDICH DIRECTOR 5.00
Director
$0 $0 $0
DAWN PLACEK SECRETARY 5.00
Officer Director
$0 $0 $0
DENNIS RICHARDSON TREASURER 5.00
Officer Director
$0 $0 $0
MICHELLE ROBINS DIRECTOR 5.00
Director
$0 $0 $0
JENNIFER SHARP-SCULLY DIRECTOR 5.00
Director
$0 $0 $0
NICOLE WAX DIRECTOR 5.00
Director
$0 $0 $0
ROB WICKER VICE CHAIR 5.00
Officer Director
$0 $0 $0
JULIE WILLIAMS DIRECTOR 5.00
Director
$0 $0 $0
A MICHELLE DAY EXECUTIVE DI 37.50
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
2024 No data No data No data No data
2023 $495,930 $405,924 $426,009 $90,006
2022 $387,135 $403,617 $336,493 $-16,482
2021 $316,029 $339,491 $336,854 $-23,462
2020 $318,155 $316,356 $422,708 $1,799
2019 $433,292 $456,748 $371,895 $-23,456
2018 $462,142 $458,996 $398,126 $3,146
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