CADILLAC AREA CHAMBER OF COMMERCE

EIN: 386088268

CADILLAC, MI

Total Revenue
$306,940
Total Expenses
$367,396
Total Assets
$114,647
Net Assets
$91,825
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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
1939
Legal Domicile
MI
Principal Officer
CAITLYN STARK
Phone
2317759776
Tax Period
2023-07-01 to 2024-06-30

CADILLAC AREA CHAMBER OF COMMERCE, founded in 1939, is a small nonprofit that reported $307K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $367K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO GROW BUSINESS AND FACILITATE BUSINESS INTERACTION IN THE CADILLAC 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 $131,276
Program Service Revenue $174,163
Investment Income $324
Other Revenue $1,177
TOTAL REVENUE $306,940

Expense Breakdown

Grants Paid $0
Salaries & Benefits $165,504
Fundraising Expenses $0
Program Expenses $210,869
Other Expenses $201,892
TOTAL EXPENSES $367,396

Year-over-Year Comparison

2023 2022 Change
Revenue $306,940 $279,909 +0.1%
Expenses $367,396 $306,735 +0.2%
Net Income $-60,456 $-26,826 +1.3%
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
15
Independent Members
15
Employees
5
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
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER BROWN DIRECTOR N/A
Director
$0 $0 $0
DAWN CASEY DIRECTOR N/A
Director
$0 $0 $0
ERIN FOLEY DIRECTOR N/A
Director
$0 $0 $0
DEREK GRAHAM TREASURER N/A
Officer Director
$0 $0 $0
MIKE HAYES DIRECTOR N/A
Director
$0 $0 $0
CRAIG HEWITT DIRECTOR N/A
Director
$0 $0 $0
RANDY HILL DIRECTOR N/A
Director
$0 $0 $0
KYLE KLEIN DIRECTOR N/A
Director
$0 $0 $0
LEE RICHARDS DIRECTOR N/A
Director
$0 $0 $0
GREG SPENCER DIRECTOR N/A
Director
$0 $0 $0
CHRISTOPHER STAUB DIRECTOR N/A
Director
$0 $0 $0
PATRICK A TIEDT DIRECTOR N/A
Director
$0 $0 $0
JOSH TRUST DIRECTOR N/A
Director
$0 $0 $0
PETER MARINOFF VICE CHAIR N/A
Officer
$0 $0 $0
CAITLYN STARK PRESIDENT N/A
Officer
$0 $0 $0
CARRIE THOMPSON CHAIR N/A
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
2025 No data No data No data No data
2024 $306,940 $367,396 $114,647 $-60,456
2023 $279,909 $306,735 $176,553 $-26,826
2022 $337,681 $366,803 $242,391 $-29,122
2021 $340,011 $318,355 $238,573 $21,656
2020 $288,512 $303,187 $228,490 $-14,675
2019 $435,225 $443,678 $257,398 $-8,453
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