GRIMES AREA CHAMBER OF COMMERCE DBA GRIMES CHAMBER & ECONOMIC DEVELOPMEN (EIN 421445531) - Form 990 Financial Analysis & Trantor Score

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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

1995

Legal Domicile

Principal Officer

BRIAN BUETHE

Phone

5159865770

Tax Period

2025-01-01 to 2025-12-31

GRIMES AREA CHAMBER OF COMMERCE DBA GRIMES CHAMBER & ECONOMIC DEVELOPMEN, founded in 1995, is a small nonprofit that reported $491K in total revenue in fiscal year 2025. Revenue decreased 11% compared to the prior year. Expenses of $541K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO PROMOTE DEVELOPMENT OF NEW BUSINESS & SUPPORT AND EXPAND EXISTING BUSINESSES IN GRIMES, IOWA

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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 $47,550

Program Service Revenue $436,479

Investment Income $7,130

Other Revenue $0

TOTAL REVENUE $491,159

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $283,328

Fundraising Expenses $0

Program Expenses $541,273

Other Expenses $255,945

TOTAL EXPENSES $541,273

Year-over-Year Comparison

	2025	2024	Change
Revenue	$491,159	$549,466	-0.1%
Expenses	$541,273	$567,337	0.0%
Net Income	$-50,114	$-17,871	+1.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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
RYLEAH CROSS	DIRECTOR	1.00	Director	$0	$0	$0
BEN BUTZKE	DIRECTOR	1.00	Director	$0	$0	$0
ADAM BUNGE	PAST BOARD CHAIR	1.00	Officer Director	$0	$0	$0
CHRIS WATKINS	VICE CHAIR	1.00	Director	$0	$0	$0
ERIC JOHANSEN	DIRECTOR	1.00	Director	$0	$0	$0
ANDY STOECKEN	CHAIR	1.00	Officer Director	$0	$0	$0
JULIE QUANDT	TREASURER	1.00	Officer Director	$0	$0	$0
JAKE ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
ERIN HUIATT	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN FRAMPTON	SECRETARY	1.00	Officer Director	$0	$0	$0
MARK JUDGE	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN BUETHE	PRESIDENT AND CEO	40.00	Highest	$128,984	$3,870	$132,854

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	$491,159	$541,273	$318,690	$-50,114
2024	$549,466	$567,337	$325,890	$-17,871
2023	$546,621	$535,528	$393,849	$11,093
2022	$470,930	$455,566	$391,264	$15,364
2021	$468,792	$378,278	$307,119	$90,514
2020	$331,681	$312,465	$199,654	$19,216
2019	$338,631	$362,223	$240,823	$-23,592
2018	$361,565	$367,131	$242,193	$-5,566

GRIMES AREA CHAMBER OF COMMERCE DBA GRIMES CHAMBER & ECONOMIC DEVELOPMEN