WAUSAU REGION CHAMBER OF COMMERCE … - 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

1912

Legal Domicile

Principal Officer

DAVE ECKMANN

Phone

7158485945

Tax Period

2023-09-01 to 2024-08-31

WAUSAU REGION CHAMBER OF COMMERCE INC, founded in 1912, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

TO STRENGTHEN OUR MEMBER BUSINESSES AND ENHANCE OUR COMMUNITY BY BUILDING BUSINESS SUCCESS.

Program Service Accomplishments

Program 1

Expenses: $295,121 Revenue: $470,564

MEMBERS EMPLOY 30,000 PEOPLE IN THE REGION. THROUGH MEMBERSHIPWAUSAU AREA CHAMBER OF COMMERCE, INC 39-0690620MEMBERSHIP INVESTMENT: THE CHAMBER SERVES OVER 800 MEMBERS. THOSEINVESTMENT, THE CHAMBER IS ABLE TO SERVE AS AN ADVOCATE FOR BUSINESS,FACILITATING COLLABORATION AMONG MEMBERS AND OTHER NON-PROFITORGANIZATIONS AND EDUCATING MEMBERS THROUGH PROGRAMS.

Program 2

Expenses: $819,890 Revenue: $240,638

SEMINARS, EDUCATION AND BUSINESS DEVELOPMENT: THE CHAMBER PROVIDESOPPORTUNITIES FOR PROFESSIONAL DEVELOPMENT, BUSINESS DEVELOPMENT ANDEDUCATION OF EACH MEMBERS EMPLOYEES. PROGRAMS ARE DEVELOPED BASED ONMEMBER INTERESTS GATHERED THROUGH MEMBER FORUMS. BY ADDING A VIRTUALCOMPONENT TO OUR PROGRAMMING WE WERE ABLE TO REACH MORE OF OUR MEMBERSEMPLOYEES EVEN THOUGH IN-PERSON EVENTS AND ATTENDANCE WERE RESTRICTEDDUE TO THE PANDEMIC.

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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 $628,342

Program Service Revenue $695,685

Investment Income $15,517

Other Revenue $0

TOTAL REVENUE $1,339,544

Expense Breakdown

Grants Paid $0

Salaries & Benefits $634,309

Fundraising Expenses $0

Program Expenses $1,115,011

Other Expenses $776,653

TOTAL EXPENSES $1,410,962

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,339,544	$1,444,937	-0.1%
Expenses	$1,410,962	$1,156,147	+0.2%
Net Income	$-71,418	$288,790	-1.2%

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

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

$134,361

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS PFENDER	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
SEAN WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
GERARD KLEIN	DIRECTOR	1.00	Director	$0	$0	$0
DARREN ACKLEY	DIRECTOR	1.00	Director	$0	$0	$0
HEIDI FISCHER	DIRECTOR	1.00	Director	$0	$0	$0
GREG FISCHER	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN LIPOWSKI	DIRECTOR	1.00	Director	$0	$0	$0
CARRIE STROBEL	DIRECTOR	1.00	Director	$0	$0	$0
CHARLOTTE SKINNER RICKERT	DIRECTOR	1.00	Director	$0	$0	$0
LANCE LEONHARD	DIRECTOR	1.00	Director	$0	$0	$0
KIMM WEBER	DIRECTOR	1.00	Director	$0	$0	$0
DENIS TAN	DIRECTOR	1.00	Director	$0	$0	$0
DAVE ECKMANN	CHAMBER PRESIDENT	2.00	Officer	$123,470	$10,891	$134,361
OWEN JONES	CHAIR PERSON	1.00	Officer	$0	$0	$0
JEFF WICKLANDER	CHAIRPERSON-ELECT	1.00	Officer	$0	$0	$0
LAURA HUGGINS	TREASURER/SECRETARY	1.00	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	$1,339,544	$1,410,962	$2,595,490	$-71,418
2023	$1,444,937	$1,156,147	$2,652,548	$288,790
2022	$1,285,854	$1,275,369	$2,661,872	$10,485
2021	$1,109,393	$998,541	$2,557,140	$110,852
2020	$1,063,968	$1,176,068	$1,966,110	$-112,100
2019	$1,144,971	$1,387,001	$2,041,992	$-242,030
2018	$1,309,544	$1,198,435	$2,296,354	$111,109

WAUSAU REGION CHAMBER OF COMMERCE INC