MarinetteMenominee Area Chamber of… - Form 990 Financial Data

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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

1985

Legal Domicile

Principal Officer

JACQUELINE BOUDREAU

Phone

7157359021

Tax Period

2024-10-01 to 2025-09-30

MarinetteMenominee Area Chamber of Commerce, founded in 1985, is a small nonprofit that reported $215K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

Business Promotion

Program Service Accomplishments

Program 1

Expenses: $93,984 Revenue: $192,471

Economic development, tourism and sale promotion efforts, tourism promotions, business assistance in Marinette Wisconsin and Menominee Michigan for approximately 40,000 people.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,470

Program Service Revenue $187,519

Investment Income $1,290

Other Revenue $21,396

TOTAL REVENUE $214,675

Expense Breakdown

Grants Paid $0

Salaries & Benefits $143,487

Fundraising Expenses $25,488

Program Expenses $93,984

Other Expenses $68,023

TOTAL EXPENSES $211,510

Year-over-Year Comparison

	2024	2023	Change
Revenue	$214,675	$191,185	+0.1%
Expenses	$211,510	$194,869	+0.1%
Net Income	$3,165	$-3,684	-1.9%

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

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

$73,894

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Donna Macco	Past President	1.00	Director	$0	$0	$0
Justin Wroblewski	Trustee	1.00	Director	$0	$0	$0
Chris Elliot	Trustee	1.00	Director	$0	$0	$0
Julie Bieber	Director	1.00	Director	$0	$0	$0
Derek Butler	Director	1.00	Director	$0	$0	$0
Mark Callow	Director	1.00	Director	$0	$0	$0
Andy Congdon	Director	1.00	Director	$0	$0	$0
Phil Eatherton	Director	1.00	Director	$0	$0	$0
Sean Fernstrum	Director	1.00	Director	$0	$0	$0
Edwin Jackson	Director	1.00	Director	$0	$0	$0
Jamie Lehto	Director	1.00	Director	$0	$0	$0
Kevin Possi	Director	1.00	Director	$0	$0	$0
Lexi Rasner	Director	1.00	Director	$0	$0	$0
Lee Schuchart	Director	1.00	Director	$0	$0	$0
Cynthia Bailey	President	10.00	Officer	$0	$0	$0
Scott Smith	President-Elect	10.00	Officer	$0	$0	$0
Wes Stripling	Vice President	10.00	Officer	$0	$0	$0
Dr Aaron Steuck	Treasurer	10.00	Officer	$0	$0	$0
Jacqueline Boudreau	Exec. Director/Secretary	40.00	Officer	$73,894	$0	$73,894

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	$214,675	$211,510	$149,726	$3,165
2024	$191,185	$194,869	$138,706	$-3,684
2023	$194,879	$187,048	$139,703	$7,831
2022	$163,242	$170,266	$128,823	$-7,024
2021	$191,111	$168,166	$135,671	$22,945
2020	$166,888	$180,450	$108,730	$-13,562
2019	$203,331	$207,674	$122,088	$-4,343
2018	$199,946	$207,931	$126,361	$-7,985

MarinetteMenominee Area Chamber of Commerce