CHAMBER OF COMMERCE COUNCIL BLUFFS IOWA

EIN: 420198270

COUNCIL BLUFFS, IA

Total Revenue
$779,430
Total Expenses
$810,138
Total Assets
$1,055,135
Net Assets
$353,094
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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
IA
Phone
7123251000
Tax Period
2023-01-01 to 2023-12-31

CHAMBER OF COMMERCE COUNCIL BLUFFS IOWA, founded in 1912, is a small nonprofit that reported $779K in total revenue in fiscal year 2023.

Mission

CHAMBER OF COMMERCE

Program Service Accomplishments

Program 1

THE CHAMBER OF COMMERCES PRIMARY MISSION IS TO FOSTER BUSINESS AND ECONOMIC GROWTH FOR THE CITY OF COUNCIL BLUFFS. IT PROVIDES SEMINARS, TRAINING, AND OTHER RESOURCES TO ITS MEMBERS IN AN EFFORT TO...

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THE CHAMBER OF COMMERCES PRIMARY MISSION IS TO FOSTER BUSINESS AND ECONOMIC GROWTH FOR THE CITY OF COUNCIL BLUFFS. IT PROVIDES SEMINARS, TRAINING, AND OTHER RESOURCES TO ITS MEMBERS IN AN EFFORT TO CREATE SUSTAINED GROWTH. THE SUCCESS OF THE CHAMBER AND ITS INHERENT VALUE IS EVIDENCED BY THE CONTINUATION OF ITS STRONG MEMBERSHIP BASE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $134,846
Program Service Revenue $601,659
Investment Income $17,542
Other Revenue $25,383
TOTAL REVENUE $779,430

Expense Breakdown

Grants Paid $0
Salaries & Benefits $475,088
Fundraising Expenses $171,970
Other Expenses $335,050
TOTAL EXPENSES $810,138

Year-over-Year Comparison

2023 2022 Change
Revenue $779,430 $765,582 +0.0%
Expenses $810,138 $951,055 -0.1%
Net Income $-30,708 $-185,473 -0.8%
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

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Governance

Voting Members
21
Independent Members
21
Employees
8
Volunteers
56

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
6
$133,003
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE ZIMMERMAN CHAIRMAN 10.00
Officer Director
$0 $0 $0
MARK HANWRIGHT CHAIR ELECT 5.00
Officer Director
$0 $0 $0
JAMIE COX VICE CHAIR ELECT 2.00
Officer Director
$0 $0 $0
VICKIE MURILLO SECOND CHAIR ELECT 2.00
Officer Director
$0 $0 $0
EVAN SUMMY PAST CHAIR 2.00
Director
$0 $0 $0
JENNIFER FLETCHER DIRECTOR 2.00
Director
$0 $0 $0
DAVE BURD DIRECTOR 2.00
Director
$0 $0 $0
JOHN DRESHER DIRECTOR 2.00
Director
$0 $0 $0
AMY CAROLUS DIRECTOR 2.00
Director
$0 $0 $0
SCOTT HARTMAN DIRECTOR 2.00
Director
$0 $0 $0
BRENT HOESING DIRECTOR 2.00
Director
$0 $0 $0
KERRIE SNYDER DIRECTOR 2.00
Director
$0 $0 $0
AMY MCDERMOTT DIRECTOR 2.00
Director
$0 $0 $0
DAN KINNEY DIRECTOR 2.00
Director
$0 $0 $0
SHANE HOSS DIRECTOR 2.00
Director
$0 $0 $0
WYATT GREENWOOD DIRECTOR 2.00
Director
$0 $0 $0
NIKKI RAUTH DIRECTOR 2.00
Director
$0 $0 $0
HANNAH SMITH DIRECTOR 2.00
Director
$0 $0 $0
JESSICA VANDERPOOL DIRECTOR 2.00
Director
$0 $0 $0
DAVE WISE DIRECTOR 2.00
Director
$0 $0 $0
GEORGE BARTON DIRECTOR 2.00
Director
$0 $0 $0
DREW KAMP PRESIDENT 40.00
Officer
$74,603 $0 $74,603
BARRY CLEAVELAND PRESIDENT 40.00
Officer
$58,400 $0 $58,400
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 No data No data No data No data
2023 $779,430 $810,138 $1,055,135 $-30,708
2022 $765,582 $951,055 $1,291,310 $-185,473
2021 $701,074 $793,414 $992,569 $-92,340
2020 $636,478 $693,575 $1,028,213 $-57,097
2019 $674,778 $817,064 $1,101,572 $-142,286
2018 $624,960 $949,645 $1,254,106 $-324,685
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