CLARINDA CHAMBER OF COMMERCE

EIN: 421306180

CLARINDA, IA

Total Revenue
$217,018
Total Expenses
$206,131
Total Assets
$206,343
Net Assets
$152,986
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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
1909
Legal Domicile
IA
Phone
7125422166
Tax Period
2025-01-01 to 2025-12-31

CLARINDA CHAMBER OF COMMERCE, founded in 1909, is a small nonprofit that reported $217K in total revenue in fiscal year 2025. Expenses of $206K left a modest 5% surplus.

Mission

CITY AND AREA ECONOMIC DEVELOPMENT

Program Service Accomplishments

Program 1
Expenses: $206,131

IMPROVEMENT AND BEAUTIFICATION OF DOWNTOWN AREA, TOOK STEPS TO DRAW IN NEW BUSINESSES TO THE COMMUNITY, PROMOTED THE LOCAL COMMUNITY AND BUSINESSES

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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 (2025)

Revenue Breakdown

Contributions & Grants $147,416
Program Service Revenue $0
Investment Income $1,171
Other Revenue $68,431
TOTAL REVENUE $217,018

Expense Breakdown

Grants Paid $0
Salaries & Benefits $134,420
Fundraising Expenses $0
Program Expenses $206,131
Other Expenses $71,711
TOTAL EXPENSES $206,131

Year-over-Year Comparison

2025 2024 Change
Revenue $217,018 N/A N/A
Expenses $206,131 N/A N/A
Net Income $10,887 N/A N/A
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
14
Independent Members
13
Employees
5
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
5
$77,745
Total Directors
1
$77,745
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELAINE FARWELL EXECUTIVE DIRECTOR 40.00
Officer Director
$60,312 $17,433 $77,745
TAYLOR STANSBURY PRESIDENT 5.00
Officer
$0 $0 $0
ADAM SAMUELSON VICE-PRESIDENT 4.00
Officer
$0 $0 $0
LUKE COX VICE-PRESIDENT 4.00
Officer
$0 $0 $0
WHITNEY BEERY ASSOCIATE VICE PRESIDENT 4.00
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 $217,018 $206,131 $206,343 $10,887
2024 No data No data No data No data
2023 $206,651 $230,525 $203,289 $-23,874
2022 $212,207 $212,669 $257,214 $-462
2021 $236,444 $188,249 $261,974 $48,195
2020 $152,318 $150,587 $217,398 $1,731
2019 $196,510 $193,137 $119,017 $3,373
2018 $210,814 $216,347 $116,093 $-5,533
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