HILLSDALE COUNTY CHAMBER OF COMMERCE INC

EIN: 382315968

HILLSDALE, MI

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$33,735
Net Assets
$33,735
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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
1983
Legal Domicile
MI
Principal Officer
SCOTT DONIHUE
Phone
5174394341
Tax Period
2024-01-01 to 2024-12-31

Mission

ENCOURAGEMENT OF BUSINESS AND COMMERCIAL DEVELOPMENT WITHIN HILLSDALE COUNTY, MICHIGAN

Program Service Accomplishments

Program 1

CHAMBER OF COMMERCE OFFICE SERVES AS AN INFORMATION RESOURCE FOR NEW/EXISTING BUSINESSES AND THE GENERAL PUBLIC

Program 2

SPECIAL EVENTS PROVIDE OPPORTUNITIES FOR MEMBERS TO NETWORK WITH EACH OTHER AND WITH THE PUBLIC

Program 3

FINANCIAL ASSISTANCE FOR PROGRAMS SPONSORED BY OTHER NONPROFITS IN THE COMMUNITY FOCUSED ON COMMUNITY AND BUSINESS DEVELOPMENT

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses N/A N/A N/A
Net Income N/A $0 N/A
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
1
Independent Members
1
Employees
N/A
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT DONIHUE BOARD CHAIR 1.00
Officer 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 $33,735 No data
2023 No data No data No data No data
2022 No data $29,873 $43,092 No data
2021 $41,686 $18,491 $72,965 $23,195
2020 $9,753 $19,959 $49,770 $-10,206
2019 $41,110 $18,820 $59,976 $22,290
2018 $64,905 $34,973 $46,894 $29,932
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