COMMERCE CENTER MANAGEMENT CORPORATION

EIN: 383299915

MIDLAND, MI

Total Revenue
N/A
Total Expenses
$5,994
Total Assets
N/A
Net Assets
N/A
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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
2002
Legal Domicile
MI
Principal Officer
ROGER CHAMBERLIN
Phone
9898399901
Tax Period
2019-01-01 to 2019-12-31

Mission

TO MANAGE THE CARL A. GERSTACKER COMMERCE CENTER BUILDING WHICH PROVIDES FACILITIES FOR THE MIDLAND AREA CHAMBER OF COMMERCE, MIDLAND AREA CHAMBER FOUNDATION, CBM SERVICES, INC, MIDLAND BUSINESS ALLIANCE, AND MIDLAND TOMORROW.

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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 (2019)

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 $5,994
TOTAL EXPENSES $5,994

Year-over-Year Comparison

2019 2018 Change
Revenue N/A $212,614 -1.0%
Expenses $5,994 $1,026,544 -1.0%
Net Income N/A $-813,930 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
3
Independent Members
3
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN BEESON CHAIR 0.30
Officer Director
$0 $0 $0
JEFF SOUTHCOTT SECRETARY/TREASURER 0.30
Officer Director
$0 $0 $0
TONY STAMAS DIRECTOR 0.30
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
2019 No data $5,994 No data No data
2018 $212,614 $1,026,544 $65,990 $-813,930
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