STERLING HEIGHTS REGIONAL CHAMBER OF COMMERCE AND INDUSTRY (EIN 381987626) - Form 990 Financial Analysis & Trantor Score

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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

1961

Legal Domicile

Principal Officer

STACY ZIARKO

Phone

5867315400

Tax Period

2024-01-01 to 2024-12-31

STERLING HEIGHTS REGIONAL CHAMBER OF COMMERCE AND INDUSTRY, founded in 1961, is a small nonprofit that reported $548K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $628K exceeded revenue, resulting in a 15% operating deficit.

Mission

PRESERVING THE COMPETIVE ENTERPRISE SYSTEM OF BUSINESS BY: CREATING A BETTER UNDERSTANDING AND APPRECIATION OF THE IMPORTANCE OF BUSINESS PEOPLE AND A CONCERN FOR THEIR PROBLEMS; EDUCATING THE BUSINESS COMMUNITY AND REPRESENTING IT IN LOCAL, STATE AND NATIONAL MATTERS; HELPING PREVENT AND ADDRESSING CONTROVERSIES WHICH ARE DETRIMENTAL TO THE EXPANSION AND GROWTH OF COMMERCE AND THE 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 $255,213

Program Service Revenue $98,332

Investment Income $7,017

Other Revenue $187,188

TOTAL REVENUE $547,750

Expense Breakdown

Grants Paid $0

Salaries & Benefits $453,807

Fundraising Expenses $75,839

Program Expenses $309,887

Other Expenses $173,931

TOTAL EXPENSES $627,738

Year-over-Year Comparison

	2024	2023	Change
Revenue	$547,750	$490,058	+0.1%
Expenses	$627,738	$625,027	+0.0%
Net Income	$-79,988	$-134,969	-0.4%

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

$140,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STACY ZIARKO	CHAMBER PRES	40.00	Officer	$140,600	$0	$140,600
RON CHRISS	TREASURER	3.00	Officer	$0	$0	$0
STEVEN GROGAN	PAST CHAIR	3.00	Officer	$0	$0	$0
ANDREA JONES	CHAIR ELECT	3.00	Officer	$0	$0	$0
CLINT ST MOSLEY	CHAIR	3.00	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
2024	$547,750	$627,738	$141,108	$-79,988
2023	$490,058	$625,027	$219,934	$-134,969
2022	$505,592	$486,390	$356,871	$19,202
2021	$490,058	$439,189	$348,402	$50,869
2021	$418,083	$439,189	$247,875	$-21,106
2020	$482,911	$452,805	$299,568	$30,106
2020	$454,359	$452,805	$271,016	$1,554
2019	$655,153	$552,778	$255,051	$102,375
2018	$652,567	$585,613	$169,672	$66,954

STERLING HEIGHTS REGIONAL CHAMBER OF COMMERCE AND INDUSTRY