COLERAIN CHAMBER OF COMMERCE INC

EIN: 464817578 Community Improvement

CINCINNATI, OH

Total Revenue
$218,999
Total Expenses
$200,831
Total Assets
$214,637
Net Assets
$211,311
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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
2014
Legal Domicile
OH
Principal Officer
DAVID MORAVEC
Phone
5139235036
Tax Period
2023-01-01 to 2023-12-31

COLERAIN CHAMBER OF COMMERCE INC, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $219K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $201K left a modest 8% surplus.

Mission

TO PROMOTE AND MAINTAIN IMPROVED BUSINESS CONDITIONS IN COLERAIN TOWNSHIP AND THE SURROUNDING AREA THROUGH THE COOPERATION AND EXPERTISE OF PARTICIPATING BUSINESSES, GROUPS AND ORGANIZATIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $216,351
Investment Income $2,580
Other Revenue $68
TOTAL REVENUE $218,999

Expense Breakdown

Grants Paid $0
Salaries & Benefits $113,198
Fundraising Expenses $63,124
Program Expenses $78,876
Other Expenses $87,633
TOTAL EXPENSES $200,831

Year-over-Year Comparison

2023 2022 Change
Revenue $218,999 $183,465 +0.2%
Expenses $200,831 $184,136 +0.1%
Net Income $18,168 $-671 -28.1%
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

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Governance

Voting Members
11
Independent Members
10
Employees
4
Volunteers
25

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
$74,500
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RYNA RAJAGOPAL BOARD MEMBER N/A
Director
$0 $0 $0
MICHAEL LONG TREASURER N/A
Officer Director
$0 $0 $0
DEAN FERRIER SECRETARY N/A
Officer Director
$0 $0 $0
SUSAN BENNETT CHAIRPERSON N/A
Officer Director
$0 $0 $0
JENNIFER CAUNIN BOARD MEMBER N/A
Director
$0 $0 $0
EVAN WEBELER BOARD MEMBER N/A
Director
$0 $0 $0
DAVID MILLER BOARD MEMBER N/A
Director
$0 $0 $0
LYNDSEY CREECY BOARD MEMBER N/A
Director
$0 $0 $0
DAVID MORAVEC PRESIDENT 40.00
Officer
$74,500 $0 $74,500
TROY CYRUS BOARD MEMBER N/A
Director
$0 $0 $0
DAN APPLEGATE BOARD MEMBER N/A
Director
$0 $0 $0
RICHARD POROTSKY VICE CHAIR N/A
Officer Director
$0 $0 $0
DORIS GIBBONS BOARD MEMBER N/A
Director
$0 $0 $0
JELANI JACKSON BOARD MEMBER N/A
Director
$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 No data No data No data No data
2024 No data No data No data No data
2023 $218,999 $200,831 $214,637 $18,168
2022 $183,465 $184,136 $195,361 $-671
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