THE CHAMBER FARGO MOORHEAD WEST FARGO (EIN 450448041) - 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

1998

Legal Domicile

Principal Officer

NICOLE MELAND

Phone

7013653440

Tax Period

2023-09-01 to 2024-08-31

THE CHAMBER FARGO MOORHEAD WEST FARGO, founded in 1998, is a community nonprofit in the Community Improvement sector that reported $4.6M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

THE CHAMBER IS A CATALYST FOR GROWTH AND PROSPERITY. WE PROTECT AND PROMOTE BUSINESS, INSPIRE INNOVATION, CULTIVATE COMMUNITIES AND INFLUENCE ACTION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $88,476

Program Service Revenue $2,925,600

Investment Income $117,472

Other Revenue $1,493,357

TOTAL REVENUE $4,624,905

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,716,101

Fundraising Expenses $0

Other Expenses $1,898,446

TOTAL EXPENSES $4,614,547

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,624,905	$3,739,323	+0.2%
Expenses	$4,614,547	$3,924,719	+0.2%
Net Income	$10,358	$-185,396	-1.1%

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

250

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

$473,587

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER STENEHJEM	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
TAMI NORGARD	CHAIR	1.00	Officer Director	$0	$0	$0
TINA AMERMAN	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN CHRISTIANSON	DIRECTOR	1.00	Director	$0	$0	$0
CHAD FLANAGAN	CHAIR ELECT	1.00	Officer Director	$0	$0	$0
KARA JORVIG	DIRECTOR	1.00	Director	$0	$0	$0
MIKE ARNTSON	DIRECTOR	1.00	Director	$0	$0	$0
TIFFANY LAWRENCE	TREASURER	1.00	Officer Director	$0	$0	$0
RICHARD VETTER	DIRECTOR (ENDED 12/2023)	1.00	Director	$0	$0	$0
KEVIN BUCHOLZ	DIRECTOR	1.00	Director	$0	$0	$0
DAVID COOK	DIRECTOR	1.00	Director	$0	$0	$0
CAMILLE GRADE	DIRECTOR	1.00	Director	$0	$0	$0
KRISTI HUBER	DIRECTOR	1.00	Director	$0	$0	$0
JENNY OLSON	DIRECTOR	1.00	Director	$0	$0	$0
JON RIEWER	DIRECTOR	1.00	Director	$0	$0	$0
MARK THOMPSON	DIRECTOR (STARTED 1/2024)	1.00	Director	$0	$0	$0
PAUL MATTHYS	DIRECTOR (STARTED 9/2023)	1.00	Director	$0	$0	$0
JULIE WHITNEY	DIRECTOR (STARTED 9/2023)	1.00	Director	$0	$0	$0
BRIAN SHAWN	DIRECTOR (STARTED 9/2023)	1.00	Director	$0	$0	$0
FRANK MATUS	DIRECTOR (STARTED 9/2023)	1.00	Director	$0	$0	$0
SHANNON FULL	PRESIDENT	20.00	Officer	$317,266	$23,155	$340,421
NICOLE MELAND	VP OF FINANCE & OPERATIONS	32.00	Officer	$0	$0	$0
KATHERINE GRINDBERG	EXECUTIVE VP	36.00	Officer	$119,417	$13,749	$133,166

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	$1,534,061	$1,546,397	$4,240,094	$-12,336
2024	$4,624,905	$4,614,547	$4,687,169	$10,358
2023	$3,739,323	$3,924,719	$4,144,497	$-185,396
2022	$3,579,587	$3,053,323	$4,165,478	$526,264
2021	$2,833,642	$2,416,043	$4,524,084	$417,599
2020	$2,789,945	$2,458,926	$3,402,092	$331,019
2019	$2,914,309	$2,776,695	$2,690,374	$137,614

THE CHAMBER FARGO MOORHEAD WEST FARGO