STAND TOGETHER CHAMBER OF COMMERCE INC

EIN: 453732750

ARLINGTON, VA

Total Revenue
$432,637,461
Total Expenses
$364,789,945
Total Assets
$257,309,236
Net Assets
$184,824,601
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
DE
Phone
7032147118
Tax Period
2024-01-01 to 2024-12-31

STAND TOGETHER CHAMBER OF COMMERCE INC, founded in 2011, is a major nonprofit that reported $204.3M in total revenue in fiscal year 2020. The organization ran a surplus of $33.7M, a strong 16% operating margin.

Mission

STAND TOGETHER ADVANCES ITS MEMBERS' COMMON INTERESTS AND THE INTERESTS OF ALL PEOPLE BY PROMOTING A SOCIETY OF MUTUAL BENEFIT, WHERE (CONTINUED ON SCHEDULE O)

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $200,000,352
Program Service Revenue $211,450,000
Investment Income $3,123,478
Other Revenue $18,063,631
TOTAL REVENUE $432,637,461

Expense Breakdown

Grants Paid $149,915,000
Salaries & Benefits $100,177,352
Fundraising Expenses $0
Program Expenses $0
Other Expenses $114,697,593
TOTAL EXPENSES $364,789,945

Year-over-Year Comparison

2024 2023 Change
Revenue $432,637,461 $257,716,773 +0.7%
Expenses $364,789,945 $363,856,874 +0.0%
Net Income $67,847,516 $-106,140,101 -1.6%
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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Governance

Voting Members
7
Independent Members
2
Employees
598
Volunteers
7

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
3
$4,102,771
Total Directors
7
$3,629,812
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN HOOKS CHAIRMAN & CEO 51.0
Officer Director
$1,250,834 $1,039,710 $2,290,544
AMY PELLETIER DIRECTOR, COO 51.0
Director
$902,779 $61,489 $964,268
DALE GIBBENS DIRECTOR 1.0
Director
$172,917 $0 $172,917
KELLY BULLOCH DIRECTOR 1.0
Director
$102,083 $0 $102,083
RANDY LAIR DIRECTOR 1.0
Director
$100,000 $0 $100,000
RAYMOND GEOFFROY DIRECTOR 1.0
Director
$0 $0 $0
TODD ROSE DIRECTOR 1.0
Director
$0 $0 $0
HENRICH HEUER TREASURER, CFO 51.0
Officer
$566,769 $44,997 $611,766
WESTON EDWARDS SECRETARY 51.0
Officer
$655,952 $544,509 $1,200,461
CHARLES RUGER VP, RESEARCH & POLICY 50.0
Highest
$524,711 $23,073 $547,784
DEREK JOHNSON SR. VP, STRATEGIC INITIATIVES 50.0
Highest
$691,027 $51,259 $742,286
MICHAEL LANZARA SR. VP, MEMBER RELATIONS 50.0
Highest
$1,939,813 $1,852,803 $3,792,616
MICHAEL PALMER Head of Applied Technology 50.0
Highest
$749,819 $3,369 $753,188
NICHOLAS DUNN SR. VP, DEVELOPMENT 50.0
Highest
$493,464 $44,869 $538,333
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 $432,637,461 $364,789,945 $257,309,236 $67,847,516
2023 $257,716,773 $363,856,874 $208,138,797 $-106,140,101
2022 $274,970,971 $261,416,888 $292,599,986 $13,554,083
2021 $325,758,897 $244,294,486 $220,861,452 $81,464,411
2020 $204,330,493 $170,671,786 $136,351,867 $33,658,707
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