GREATER OMAHA CHAMBER FOUNDATION (EIN 470633685) - Form 990 Financial Analysis & Trantor Score

🔒

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

1981

Legal Domicile

Principal Officer

HEATH MELLO

Phone

4029787944

Tax Period

2023-01-01 to 2023-12-31

GREATER OMAHA CHAMBER FOUNDATION, founded in 1981, is a community nonprofit that reported $5.7M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

TO INCREASE BUSINESS, EMPLOYMENT, AND INVESTMENT IN THE GREATER OMAHA 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 (2023)

Revenue Breakdown

Contributions & Grants $3,981,573

Program Service Revenue $790,973

Investment Income $68,165

Other Revenue $889,962

TOTAL REVENUE $5,730,673

Expense Breakdown

Grants Paid $122,500

Salaries & Benefits $3,014,889

Fundraising Expenses $0

Program Expenses $5,647,993

Other Expenses $2,589,200

TOTAL EXPENSES $5,726,589

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,730,673	$4,514,245	+0.3%
Expenses	$5,726,589	$6,044,056	-0.1%
Net Income	$4,084	$-1,529,811	-1.0%

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

N/A

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

$1,068,978

Total Directors

$909,812

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARMEN TAPIO	CHAIRMAN	1.00	Officer Director	$0	$0	$0
STEVE GRANDFIELD	TREASURER	1.00	Officer Director	$0	$0	$0
DAVID COTA	TREASURER	1.00	Officer Director	$0	$0	$0
HEATH MELLO	PRESIDENT & CEO	22.00	Officer Director	$0	$173	$153,248
ANNE BRANIGAN	SECRETARY	12.00	Officer Director	$0	$21,403	$238,393
VETA JEFFREY	PRESIDENT & CEO	22.00	Officer Director	$0	$21,104	$370,171
TIM BURKE	INTERIM PRESIDENT & CEO	22.00	Officer Director	$0	$0	$148,000
AUDRA SCHAWANG	SVP, FINANCE	18.00	Officer	$0	$11,167	$159,166
WINSLEY DURAND	VICE PRESIDENT, MEMBER SER	40.00	Highest	$146,586	$11,578	$158,164
MARK NORMAN	VICE PRESIDENT, ECONOMIC D	40.00	Highest	$148,479	$9,104	$157,583
PETE THOMPSON	SVP, OPERATIONS	40.00	Highest	$138,885	$22,952	$161,837
CHAD MARES	SENIOR DIRECTOR, WORKFORCE SERVICES	40.00	Highest	$106,038	$3,178	$109,216

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	No data	No data	No data	No data
2023	$5,730,673	$5,726,589	$5,933,509	$4,084
2022	$4,514,245	$6,044,056	$5,307,272	$-1,529,811
2021	$4,699,653	$7,775,735	$7,441,910	$-3,076,082
2020	$5,354,190	$6,914,475	$10,667,972	$-1,560,285
2019	$8,172,446	$6,336,248	$11,682,019	$1,836,198

GREATER OMAHA CHAMBER FOUNDATION