Williston Area Chamber of Commerce

🔒

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

Financial Trends

Organization Details

Formation Year

1907

Legal Domicile

Principal Officer

BROOKELLE OTTE

Phone

7015776000

Tax Period

2024-01-01 to 2024-12-31

Williston Area Chamber of Commerce, founded in 1907, is a small nonprofit that reported $324K in total revenue in fiscal year 2024. Expenses of $362K exceeded revenue, resulting in a 12% operating deficit.

Mission

THE WILLISTON AREA OF COMMERCE IS DEDICATED TO ADVANCING THE EXCEPTIONAL ECONOMIC GROWTH OF THE GREATER WILLISTON AREA, FOSTERING A COMMUNITY WHERE PEOPLE WANT TO LIVE AND THRIVE, NOT JUST WORK.OUR VISION IS TO ADVANCE THE ECONOMIC, INDUSTRIAL, PROFESSIONAL, CULTURAL, EDUCATIONAL, SOCIAL, AND CIVIC WELFARE OF THE GREATER WILLISTON AREA.

Program Service Accomplishments

Program 1

Promoting the economic, industrial, professional, cultural, educational, social, civic and general welfare of the City of Williston and surrounding 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $79,549

Program Service Revenue $240,865

Investment Income $1,322

Other Revenue $1,778

TOTAL REVENUE $323,514

Expense Breakdown

Grants Paid $1,057

Salaries & Benefits $172,417

Fundraising Expenses $0

Other Expenses $188,395

TOTAL EXPENSES $361,869

Year-over-Year Comparison

	2024	2023	Change
Revenue	$323,514	$325,930	0.0%
Expenses	$361,869	$278,264	+0.3%
Net Income	$-38,355	$47,666	-1.8%

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

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

$97,532

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHelsea Ridge	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
KATELYNN LESMANN	VICE CHAIRPERSON 1/1/24 - 9/1/24	1.00	Officer Director	$0	$0	$0
ALEX JOHNSON	VICE CHAIRPERSON 9/1/24 - 12/31/24	1.00	Officer Director	$0	$0	$0
RICHARD OLSON	Treasurer	1.00	Officer Director	$0	$0	$0
DR LEAH HOFFMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
JESSICA GEORGE	PAST CHAIR	1.00	Director	$0	$0	$0
ALEX JOHNSON	DIRECTOR 1/1/24 - 9/1/24	1.00	Director	$0	$0	$0
HELEN ASKIM	Director	1.00	Director	$0	$0	$0
KENLEY NEbeker	Director	1.00	Director	$0	$0	$0
RACHEL LINN	Director	1.00	Director	$0	$0	$0
JOSH ROTHE	DIRECTOR	1.00	Director	$0	$0	$0
PAT GREENFIELD	DIRECTOR	1.00	Director	$0	$0	$0
KRYSTAL DAHL	DIRECTOR	1.00	Director	$0	$0	$0
ANNA NELSON	PRESIDENT/CEO 1/1/24 - 9/1/24	40.00	Officer	$52,104	$0	$52,104
Brookelle Otte	PRESIDENT/CEO 9/1/24 - 12/31/24	40.00	Officer	$45,428	$0	$45,428

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	$323,514	$361,869	$169,543	$-38,355
2023	$325,930	$278,264	$388,455	$47,666
2022	$318,593	$273,569	$338,342	$45,024
2021	$201,945	$239,495	$310,131	$-37,550
2020	$368,375	$343,952	$203,261	$24,423
2019	$464,413	$516,929	$198,195	$-52,516
2018	$388,207	$387,268	$447,881	$939