EAU CLAIRE AREA CHAMBER OF COMMERCE

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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

1915

Legal Domicile

Principal Officer

SCOTT HOFFMANN

Phone

7158341204

Tax Period

2023-04-01 to 2024-03-31

EAU CLAIRE AREA CHAMBER OF COMMERCE, founded in 1915, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023.

Mission

THE EAU CLAIRE AREA CHAMBER OF COMMERCE, A NOT-FOR-PROFIT BUSINESS MEMBERSHIP ORGANIZATION WITH STEADY MEMBERSHIP AROUND 1,200 MEMBERS, IS THE ADVOCATE OF BUSINESS STRIVING TO ENHANCE AND PROTECT THE BUSINESS ENVIRONMENT AND QUALITY OF LIFE FOR THE BENEFIT OF OUR MEMBERS AND THE EAU CLAIRE AREA. FOR THE SMALLEST ORGANIZATION TO THE LARGEST BUSINESS EMPLOYERS IN THE AREA, THE EAU CLAIRE CHAMBER OFFERS NETWORKING EVENTS, INVOLVEMENT IN PUBLIC AFFAIRS, MARKETING OPPORTUNITIES, EDUCATIONAL PROGRAMS, AND NUMEROUS OTHER PROGRAMS AND SERVICES.

Program Service Accomplishments

Program 1

Expenses: $49,746 Revenue: $90,665

GOLF DAY IN EAU CLAIRE IS A TWO COURSE GOLF OUTING TO PROMOTE COMMUNITY, QUALITY OF LIFE, EMPLOYERS, AND PEOPLE TO THE CHIPPEWA VALLEY.

Program 2

Expenses: $29,368 Revenue: $107,203

EAU WHAT A NIGHT - 550 ATTENDEES, EVENT HELD TO HIGHLIGHT THE YEAR'S ACCOMPLISHMENTS AND RECOGNIZE VOLUNTEERS AND BUSINESSES.

Program 3

Expenses: $20,744 Revenue: $44,502

CHAMBER ROYAL - A NETWORKING EVENT FOR CHAMBER INVESTORS WITH AN ATTENDANCE OF 280.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,070,505

Investment Income $4,165

Other Revenue $47,635

TOTAL REVENUE $1,122,305

Expense Breakdown

Grants Paid $0

Salaries & Benefits $653,971

Fundraising Expenses $0

Program Expenses $764,829

Other Expenses $475,767

TOTAL EXPENSES $1,129,738

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,122,305	$1,072,175	+0.0%
Expenses	$1,129,738	$1,298,794	-0.1%
Net Income	$-7,433	$-226,619	-1.0%

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

750

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

$166,112

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN CHRIST	AMBASSADOR REP	2.00	Director	$0	$0	$0
JASON CRAIG	DIRECTOR	2.00	Director	$0	$0	$0
WES ESCONDO	DIRECTOR	2.00	Director	$0	$0	$0
VALERIE FEDIE	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS FULLARTON	DIRECTOR	2.00	Director	$0	$0	$0
MIRIAM GEHLER	DIRECTOR	2.00	Director	$0	$0	$0
TRAVIS IDA	YP REP	2.00	Director	$0	$0	$0
KAREN KOHLER	DIRECTOR	2.00	Director	$0	$0	$0
PAUL MADSEN	DIRECTOR	2.00	Director	$0	$0	$0
PAUL MIRR	DIRECTOR	2.00	Director	$0	$0	$0
EMILY NYQUIST	DIRECTOR	2.00	Director	$0	$0	$0
MONICA OBRYCKI	DIRECTOR	2.00	Director	$0	$0	$0
BRUCE OMMEN	DIRECTOR	2.00	Director	$0	$0	$0
MELISSA PETERSON	DIRECTOR	2.00	Director	$0	$0	$0
NATASHA PLANK-OTTUM	DIRECTOR	2.00	Director	$0	$0	$0
BRANDON RIECHERS	DIRECTOR	2.00	Director	$0	$0	$0
CHANCELLOR JIM SCHMIDT	DIRECTOR	2.00	Director	$0	$0	$0
KRISTEN SCHMIDT	DIRECTOR	2.00	Director	$0	$0	$0
TRACEY SMISKEY	DIRECTOR	2.00	Director	$0	$0	$0
DANIELLE STRONG	DIRECTOR	2.00	Director	$0	$0	$0
KARI TATU	DIRECTOR	2.00	Director	$0	$0	$0
AMY WOLFE	DIRECTOR	2.00	Director	$0	$0	$0
JUSTIN ZOROMSKI	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT HOFFMANN	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
SCOTT BIEDERMAN	PAST CHAIR	2.00	Officer Director	$0	$0	$0
TERRY MCHUGH	PAST CHAIR	2.00	Officer Director	$0	$0	$0
LAURA TALLEY	VICE CHAIR	2.00	Officer Director	$0	$0	$0
TIM BENEDICT	VICE CHAIR	2.00	Officer Director	$0	$0	$0
MARK FAANES	VICE CHAIR	2.00	Officer Director	$0	$0	$0
NED DONNELLAN	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ANDY NEBOREK	INCOMING CHAIR	2.00	Officer Director	$0	$0	$0
DAVID MINOR	PRESIDENT	40.00	Officer	$148,342	$17,770	$166,112

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	$1,122,305	$1,129,738	$484,794	$-7,433
2023	$1,072,175	$1,298,794	$570,176	$-226,619
2022	$1,421,159	$1,312,469	$558,620	$108,690
2021	$989,137	$976,473	$626,702	$12,664
2020	$1,141,690	$1,186,081	$550,288	$-44,391
2019	$1,193,192	$1,211,863	$635,663	$-18,671