NEW ULM CHAMBER OF COMMERCE (EIN 410632848) - 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

1944

Legal Domicile

Principal Officer

SARAH WARMKA

Phone

5072334300

Tax Period

2024-01-01 to 2024-12-31

NEW ULM CHAMBER OF COMMERCE, founded in 1944, is a small nonprofit that reported $644K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $99K, a strong 15% operating margin.

Mission

TO PROMOTE COMMERCE WITHIN THE CITY OF NEW ULM AND SURROUNDING AREA

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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 $215,497

Program Service Revenue $376,879

Investment Income $45,007

Other Revenue $6,207

TOTAL REVENUE $643,590

Expense Breakdown

Grants Paid $0

Salaries & Benefits $215,283

Fundraising Expenses $0

Program Expenses $246,795

Other Expenses $329,157

TOTAL EXPENSES $544,440

Year-over-Year Comparison

	2024	2023	Change
Revenue	$643,590	$532,865	+0.2%
Expenses	$544,440	$500,433	+0.1%
Net Income	$99,150	$32,432	+2.1%

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

$74,804

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIELLE FISCHER MARTI	CHAIRPERSON	3.00	Officer Director	$0	$0	$0
BRIE TARALSON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KRISTINE RUECKERT	TREASURER	2.00	Officer Director	$0	$0	$0
ANDY LILLEODDEN	PAST CHAIR	1.00	Director	$0	$0	$0
TIM GULDAN	DIRECTOR	1.00	Director	$0	$0	$0
ARON BODE	DIRECTOR	1.00	Director	$0	$0	$0
RANDY HOREJSI	DIRECTOR	1.00	Director	$0	$0	$0
RICK KAMM	DIRECTOR	1.00	Director	$0	$0	$0
LINDSAY HENNDR DANNY HAWKINS	DIRECTOR	1.00	Director	$0	$0	$0
BRITTNEY SCHMIESING	DIRECTOR	1.00	Director	$0	$0	$0
CURT VAN ASTEN	DIRECTOR	1.00	Director	$0	$0	$0
KATIE NOSBUSH	DIRECTOR	1.00	Director	$0	$0	$0
JAKE BREKKELISA REINARTS	DIRECTOR	1.00	Director	$0	$0	$0
SARAH WARMKA	CEO	40.00	Officer	$74,804	$0	$74,804

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
2024	$643,590	$544,440	$1,347,628	$99,150
2023	$532,865	$500,433	$1,218,989	$32,432
2022	$475,070	$428,703	$1,116,651	$46,367
2021	$377,650	$283,308	$1,173,420	$94,342
2020	$296,446	$308,387	$975,513	$-11,941
2019	$476,762	$506,953	$800,388	$-30,191
2018	$539,902	$524,886	$831,457	$15,016

NEW ULM CHAMBER OF COMMERCE