MT PLEASANT CHAMBER OF COMMERCE

EIN: 420625792

MT PLEASANT, IA

Total Revenue
$706,087
Total Expenses
$685,718
Total Assets
$443,361
Net Assets
$424,991
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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
1940
Legal Domicile
IA
Principal Officer
ALICIA YOCUM
Phone
3193853101
Tax Period
2024-01-01 to 2024-12-31

MT PLEASANT CHAMBER OF COMMERCE, founded in 1940, is a small nonprofit that reported $706K in total revenue in fiscal year 2024. Revenue surged 112% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF THE MOUNT PLEASANT AREA CHAMBER OF COMMERCE IS TO ENHANCE THE QUALITY OF LIFE OF THE PEOPLE OF HENRY COUNTY THROUGH ECONOMIC GROWTH.

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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 (2024)

Revenue Breakdown

Contributions & Grants $467,060
Program Service Revenue $230,941
Investment Income $4,731
Other Revenue $3,355
TOTAL REVENUE $706,087

Expense Breakdown

Grants Paid $0
Salaries & Benefits $138,561
Fundraising Expenses $0
Program Expenses $524,294
Other Expenses $547,157
TOTAL EXPENSES $685,718

Year-over-Year Comparison

2024 2023 Change
Revenue $706,087 $332,288 +1.1%
Expenses $685,718 $319,607 +1.1%
Net Income $20,369 $12,681 +0.6%
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
15
Independent Members
15
Employees
2
Volunteers
75

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
3
$69,900
Total Directors
16
$69,900
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALICIA YOCUM PRESIDENT 0.50
Officer Director
$0 $0 $0
BLAIRE BARTON DIRECTOR 0.50
Director
$0 $0 $0
BRAD HOLTKAMP DIRECTOR 0.50
Director
$0 $0 $0
CANDICE BECKER DIRECTOR 0.50
Director
$0 $0 $0
GREG KINNEY TREASURER 0.50
Officer Director
$0 $0 $0
STACIE BACCAM DIRECTOR 0.50
Director
$0 $0 $0
MARK HEMPEN DIRECTOR 0.50
Director
$0 $0 $0
TONY STARR DIRECTOR 0.50
Director
$0 $0 $0
RACHEL LINDEEN EXECUTIVE VICE PRES 40.00
Officer Director
$68,870 $1,030 $69,900
VICKI FELDMANN DIRECTOR 0.50
Director
$0 $0 $0
SUE SORENSEN DIRECTOR 0.50
Director
$0 $0 $0
WILLY AMOS DIRECTOR 0.50
Director
$0 $0 $0
NATE LUCAS DIRECTOR 0.50
Director
$0 $0 $0
SOMPHET SYLAVONG DIRECTOR 0.50
Director
$0 $0 $0
TARA MULLIN DIRECTOR 0.50
Director
$0 $0 $0
SANDRA SNYDER DIRECTOR 0.50
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
2024 $706,087 $685,718 $443,361 $20,369
2023 $332,288 $319,607 $409,872 $12,681
2022 $357,988 $359,891 $440,737 $-1,903
2021 $404,252 $355,117 $422,851 $49,135
2020 $351,275 $350,236 $349,385 $1,039
2019 $353,290 $354,000 $398,833 $-710
2018 $338,232 $431,646 $399,257 $-93,414
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