RHINELANDER AREA CHAMBER OF COMMERCE INC (EIN 390567510) - Form 990 Financial Analysis & Trantor Score

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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

1936

Legal Domicile

Principal Officer

STEVE SHANKS

Phone

7153657464

Tax Period

2023-01-01 to 2023-12-31

RHINELANDER AREA CHAMBER OF COMMERCE INC, founded in 1936, is a small nonprofit that reported $626K in total revenue in fiscal year 2023. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $129K, a strong 21% operating margin.

Mission

THE RACC IS ORGANIZED TO BE A UNIFIED FORCE DRIVING GROWTH, INNOVATION, AND OPPORTUNITY FOR OUR COMMUNITY WHERE BUSINESSES FLOURISH, VISITORS ARE INSPIRED, AND RESIDENTS THRIVE.

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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 $77,500

Program Service Revenue $539,734

Investment Income $358

Other Revenue $8,330

TOTAL REVENUE $625,922

Expense Breakdown

Grants Paid $80,457

Salaries & Benefits $170,282

Fundraising Expenses $0

Program Expenses $160,250

Other Expenses $205,874

TOTAL EXPENSES $497,134

Year-over-Year Comparison

	2023	2022	Change
Revenue	$625,922	$382,405	+0.6%
Expenses	$497,134	$280,929	+0.8%
Net Income	$128,788	$101,476	+0.3%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDA KREBSBACH	TREASURER	2.00	Officer Director	$0	$0	$0
ANDY HILDEBRAND	DIRECTOR	1.00	Director	$0	$0	$0
DIANE SOWINSKI	PRESIDENT	2.00	Officer Director	$0	$0	$0
MELINDA SCHULTZ	DIRECTOR	1.00	Director	$0	$0	$0
JULIE STIEBER	DIRECTOR	1.00	Director	$0	$0	$0
KRYSTAL FOCHS	DIRECTOR	1.00	Director	$0	$0	$0
TOM PETERSON	DIRECTOR	1.00	Director	$0	$0	$0
STEVE SHANKS	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
NANCY BREKKE-JONES	DIRECTOR	1.00	Director	$0	$0	$0
DAVE RUSS	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$625,922	$497,134	$730,328	$128,788
2022	$382,405	$280,929	$408,570	$101,476
2021	$213,527	$206,612	$316,592	$6,915
2020	$238,563	$201,282	$324,785	$37,281

RHINELANDER AREA CHAMBER OF COMMERCE INC