EDGEWOOD CHAMBER OF COMMERCE

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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

1948

Legal Domicile

Phone

5639287036

Tax Period

2025-01-01 to 2025-12-31

EDGEWOOD CHAMBER OF COMMERCE, founded in 1948, is a small nonprofit that reported $411K in total revenue in fiscal year 2025.

Mission

COMMUNITY BETTERMENT AND RELATIONS. SPONSORSHIP OF RODEO AND VARIOUS ACTIVITIES TO PROMOTE AND SUPPORT LOCAL BUSINESSES.

Program Service Accomplishments

Program 1

Expenses: $326,694 Revenue: $410,743

CONTINUED TO BE COORDINATING ORGANIZATION FOR BUSINESSES IN THE EDGEWOOD, IOWA COMMUNITY AND PROMOTION AND SPONSORSHIP OF AN ANNUAL RODEO. SPONSORSHIP AND PROMOTION OF ANNUAL RODEO AND RELATED...

CONTINUED TO BE COORDINATING ORGANIZATION FOR BUSINESSES IN THE EDGEWOOD, IOWA COMMUNITY AND PROMOTION AND SPONSORSHIP OF AN ANNUAL RODEO. SPONSORSHIP AND PROMOTION OF ANNUAL RODEO AND RELATED ACTIVITIES DESIGNED TO PROMOTE EDGEWOOD.

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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 (2025)

Revenue Breakdown

Contributions & Grants $20,313

Program Service Revenue $377,271

Investment Income $2,033

Other Revenue $11,127

TOTAL REVENUE $410,744

Expense Breakdown

Grants Paid $48,845

Salaries & Benefits $7,539

Fundraising Expenses $45,849

Program Expenses $326,694

Other Expenses $375,829

TOTAL EXPENSES $432,213

Year-over-Year Comparison

	2025	2024	Change
Revenue	$410,744	$400,396	+0.0%
Expenses	$432,213	$436,170	0.0%
Net Income	$-21,469	$-35,774	-0.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE STRUBLE	PRESIDENT	2.00	Officer Director	$0	$0	$0
CADE PERRINJAQUET	DIRECTOR	1.00	Director	$0	$0	$0
JERRY MAKER	DIRECTOR	1.00	Director	$0	$0	$0
LUKE BRADY	TREASURER	2.00	Officer Director	$0	$0	$0
ALICIA WALZ	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
LUKE KERNS	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY VANDERHART	DIRECTOR	1.00	Director	$0	$0	$0
CAIN BRADY	DIRECTOR	1.00	Director	$0	$0	$0
MEAGAN ELSBURY	DIRECTOR	1.00	Director	$0	$0	$0
KELY HEMANN	DIRECTOR	1.00	Director	$0	$0	$0
ELISE BERGAN	EXECUTIVE DIRECTOR	10.00	Officer	$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
2025	$410,744	$432,213	$545,853	$-21,469
2024	No data	No data	No data	No data
2023	$402,509	$370,789	$622,709	$31,720
2022	$311,578	$333,417	$601,634	$-21,839
2021	$329,807	$370,592	$285,880	$-40,785
2020	$47,436	$63,086	$284,807	$-15,650
2019	$319,415	$314,905	$192,111	$4,510
2018	$92,404	$74,023	$187,601	$18,381