ROCHESTER, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC, founded in 1990, is a micro nonprofit in the Education sector that reported $93K in total revenue in fiscal year 2019. Revenue fell 55% from the prior year — a significant decline worth monitoring. Net assets of $269K represent 35 months of operating reserves.
TO SUPPORT AND ADVANCE THE CHARITABLE INTERESTS OF THE ROCHESTER AREA CHAMBER OF COMMERCE THROUGH EDUCATION AND WORKFORCE DEVELOPMENT PROGRAMS WHICH PROMOTE P-16 EDUCATION INITIATIVES, CREATION OF DIVERSE AND FLEXIBLE WORKPLACES, LEADERSHIP DEVELOPMENT WHICH ENCOURAGES A DYNAMIC AND INNOVATIVE VISION OF THE FUTURE, PLANNING, RESEARCH AND COMMUNITY EDUCATION TO ANTICIPATE AND COMMUNICATE FUTURE COMMUNITY NEEDS AND CHALLENGES, AND PARTNERSHIPS BETWEEN THE BUSINESS COMMUNITY AND EDUCATIONAL, GOVERNMENTAL AND NON-PROFIT ORGANIZATIONS.
LEADERSHIP GREATER ROCHESTER - THE LGR CLASS OF 2019-2020 PARTNERED WITH THRESHOLD ARTS TO CREATE THE CRATE ART LENDING LIBRARY. THE LIBRARY IS A REGIONAL PROVIDER OF CULTURAL EXPRESSION AND ART...
LEADERSHIP GREATER ROCHESTER - THE LGR CLASS OF 2019-2020 PARTNERED WITH THRESHOLD ARTS TO CREATE THE CRATE ART LENDING LIBRARY. THE LIBRARY IS A REGIONAL PROVIDER OF CULTURAL EXPRESSION AND ART LENDING WITH THE MISSION OF: CREATING EQUAL ACCESS TO ART IN THE GREATER ROCHESTER AREA, INCREASING EXPOSURE FOR ARTISTS, AND PROMOTING GROWTH AND INNOVATION FOR THE FUTURE OF THE ARTS.
HUBSOURCE - SE MINNESOTA'S ECONOMY IS GROWING. WHEN YOU COMBINE DESTINATION MEDICAL CENTER'S STRATEGIC GROWTH PLANS AND OUR EXISTING LABOR GAPS THERE IS A NEED TO ACT. BY CONNECTING PEOPLE...
HUBSOURCE - SE MINNESOTA'S ECONOMY IS GROWING. WHEN YOU COMBINE DESTINATION MEDICAL CENTER'S STRATEGIC GROWTH PLANS AND OUR EXISTING LABOR GAPS THERE IS A NEED TO ACT. BY CONNECTING PEOPLE, RESOURCES, AND JOBS ON A REGIONAL AND NATIONAL SCALE, THE FOUNDATION WITH ITS COMMUNITY PARTNERS SEEK TO MAKE BIG GAINS IN OUR LABOR FORCE NEEDS. THE CREATION OF A NEW WEB PLATFORM HUBSOURCE.MN IS BEING DEVELOPED FOR SOUTHEAST MINNESOTA TO CONNECT EMPLOYERS WITH WORKFORCE NEEDS AND THOSE INDIVIDUALS SEEKING JOBS.
STEM - SUMMITS ARE A COMPONENT OF A COMMUNITY INITIATIVE TO PROMOTE ADVANCED SCIENCE, TECHNOLOGY, ENGINEERING AND MATH ("STEM") COURSEWORK TO GREATER ROCHESTER AREA STUDENTS. THE FUTURE SUCCESS OF...
STEM - SUMMITS ARE A COMPONENT OF A COMMUNITY INITIATIVE TO PROMOTE ADVANCED SCIENCE, TECHNOLOGY, ENGINEERING AND MATH ("STEM") COURSEWORK TO GREATER ROCHESTER AREA STUDENTS. THE FUTURE SUCCESS OF GREATER ROCHESTER'S ECONOMY DEPENDS ON A WELL-PREPARED PIPELINE OF STUDENTS WITH THE EDUCATION AND SKILLS NEEDED TO KEEP ROCHESTER AREA'S BUSINESS AND INDUSTRY COMPETITIVE. "STEM" SUMMITS BRING TOGETHER BUSINESS, HIGHER EDUCATION, LOCAL GOVERNMENT AND COMMUNITIES TO MOTIVATE AND PREPARE OUR STUDENTS FOR AN INCREASINGLY COMPETITIVE GLOBAL MARKETPLACE. THE SUMMIT FIRST BEGAN IN THE FALL OF 2009 WITH 400 STUDENTS WHO ENJOYED INTERACTIVE SCIENCE EXHIBITS AND DEMONSTRATIONS. IT HAS SINCE GROWN TO INCLUDE 2,400 STUDENTS FROM ROCHESTER AND SURROUNDING AREA SCHOOLS. AND SURROUNDING AREA SCHOOLS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2019 | 2018 | Change | |
|---|---|---|---|
| Revenue | $92,716 | $205,173 | -0.5% |
| Expenses | $101,705 | $461,669 | -0.8% |
| Net Income | $-8,989 | $-256,496 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KATHLEEN HARRINGTON | PRESIDENT | 15.00 |
Officer
|
$0 | $5,601 | $140,601 |
| MATT BISSONETTE | VICE PRESIDENT | 15.00 |
Officer
|
$0 | $16,700 | $103,367 |
| GREG HOUSE | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| AARON BENIKE | CHAIR ELECT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE BUSCH | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| EMILY BENNER | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEROME FERSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEANINE GANGERNESS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE PYFFEROEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GUY FINNE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2019 | $92,716 | $101,705 | $326,641 | $-8,989 |
| 2018 | $205,173 | $461,669 | $384,232 | $-256,496 |
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