Ankeny Area Chamber of Commerce

EIN: 420944622

Ankeny, IA

Total Revenue
$1,349,900
Total Expenses
$1,474,670
Total Assets
$465,365
Net Assets
$144,786
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
IA
Phone
5159640685
Tax Period
2024-01-01 to 2024-12-31

Ankeny Area Chamber of Commerce, founded in 1973, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024.

Mission

To promote economic development, strengthen the business climate and improve the quality of life in the Ankeny area.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $550,703
Program Service Revenue $749,850
Investment Income $39,305
Other Revenue $10,042
TOTAL REVENUE $1,349,900

Expense Breakdown

Grants Paid $0
Salaries & Benefits $407,164
Fundraising Expenses $635,683
Other Expenses $1,067,506
TOTAL EXPENSES $1,474,670

Year-over-Year Comparison

2024 2023 Change
Revenue $1,349,900 $1,353,795 0.0%
Expenses $1,474,670 $1,497,755 0.0%
Net Income $-124,770 $-143,960 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
17
Independent Members
17
Employees
5
Volunteers
625

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
0
$0
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Trent Murphy Interim CEO 2.00
Director
$0 $0 $0
Tony Mills Chairman of the Board 2.00
Director
$0 $0 $0
Dr Aaron Rickelman 1st Vice Chairman 2.00
Director
$0 $0 $0
Laura Murphy Secretary 2.00
Director
$0 $0 $0
Reyna Immerfall Treasurer 2.00
Director
$0 $0 $0
Garrison Goodlett Business Advisor 2.00
Director
$0 $0 $0
Matt Davis Board 2.00
Director
$0 $0 $0
Joe Bethel Board 2.00
Director
$0 $0 $0
Marti Skow Board 2.00
Director
$0 $0 $0
Jordan Niewoehner Board 2.00
Director
$0 $0 $0
Makayla Gallentine Board 2.00
Director
$0 $0 $0
Crystal Wright Board 2.00
Director
$0 $0 $0
Troy Boelman Board 2.00
Director
$0 $0 $0
Rob Stevenson Board 2.00
Director
$0 $0 $0
Jimmy Becker Board 2.00
Director
$0 $0 $0
Andy Martin Board 2.00
Director
$0 $0 $0
Nicole Proesch Board 2.00
Director
$0 $0 $0
Corey Morrison Ex officio 2.00
Director
$0 $0 $0
Kim Schaaf Ex officio 2.00
Director
$0 $0 $0
Dr Erick Pruitt Ex officio 2.00
Director
$0 $0 $0
Mayor Bobbi Bentz Ex officio 2.00
Director
$0 $0 $0
Rob Denson Ex officio 2.00
Director
$0 $0 $0
Emily McLain Ex officio 2.00
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 $1,349,900 $1,474,670 $465,365 $-124,770
2023 $1,353,795 $1,497,755 $472,989 $-143,960
2022 $1,196,372 $1,283,635 $684,092 $-87,263
2021 $1,023,517 $947,409 $741,404 $76,108
2020 $723,685 $743,216 $1,060,329 $-19,531
Explore More Nonprofits
Top 100 Nonprofits in Iowa Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Ankeny Area Chamber of Commerce with other nonprofits in Iowa and across the country.