DEXTER AREA CHAMBER OF COMMERCE IN

EIN: 383079646 Community Improvement

DEXTER, MI

Total Revenue
$130,203
Total Expenses
$124,120
Total Assets
$65,217
Net Assets
$64,100
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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
1974
Legal Domicile
MI
Principal Officer
BECKY COBLER
Phone
7344260887
Tax Period
2024-01-01 to 2024-12-31

DEXTER AREA CHAMBER OF COMMERCE IN, founded in 1974, is a small nonprofit in the Community Improvement sector that reported $130K in total revenue in fiscal year 2024. Expenses of $124K left a modest 5% surplus.

Mission

THE CHAMBER PROMOTES LOCAL BUSINESSES AND AIDS IN THE RECRUITMENT OF NEW BUSINESSES AND INDIVIDUALS TO OUR COMMUNITY, WE ALSO MAINTAIN AN INFORMATIONAL OFFICE TO SERVE AS A CLEARING HOUSE FOR INQUIRIES REGARDING 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,100
Program Service Revenue $119,103
Investment Income $0
Other Revenue $0
TOTAL REVENUE $130,203

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $124,120
TOTAL EXPENSES $124,120

Year-over-Year Comparison

2024 2023 Change
Revenue $130,203 N/A N/A
Expenses $124,120 N/A N/A
Net Income $6,083 N/A 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
4
Independent Members
N/A
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE BYRNES SECRETARY 10.00
Officer Director
$0 $0 $0
BECKY COBLER PRESIDENT 15.00
Officer Director
$0 $0 $0
CHRIS DEREYVER VICE PRESIDE 10.00
Officer Director
$0 $0 $0
JAKE MANDERFIELD TREASURER 10.00
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 $130,203 $124,120 $65,217 $6,083
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