CHAMPAIGN COUNTY CHAMBER OF COMMERCE FOUNDATION INC

EIN: 475645144 501(c)(3) Community Improvement

CHAMPAIGN, IL

Total Revenue
$23,910
Total Expenses
$2,705
Total Assets
$22,565
Net Assets
$22,565
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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
2015
Legal Domicile
IL
Principal Officer
LAURA WEIS
Phone
2173591791
Tax Period
2020-07-01 to 2021-06-30

Mission

TO SOLICIT CONTRIBUTIONS TO SUPPORT VARIOUS EDUCATIONAL PROGRAMS, WORKPLACE DEVELOPMENT PROGRAMS, PROMOTION OF ECONOMIC DEVELOPMENT IN CHAMPAIGN COUNTY, AND OTHER PROGRAMS IN CONNECTION WITH THE CHAMPAIGN COUNTY CHAMBER OF COMMERCE

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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 (2020)

Revenue Breakdown

Contributions & Grants $23,910
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $23,910

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,705
Other Expenses $2,705
TOTAL EXPENSES $2,705

Year-over-Year Comparison

2020 2019 Change
Revenue $23,910 $155 +153.3%
Expenses $2,705 $72 +36.6%
Net Income $21,205 $83 +254.5%
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
5
Independent Members
5
Employees
N/A
Volunteers
1

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
4
$200,424
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL ESTES MEMBER AT LARGE 1.00
Director
$0 $0 $0
KYLE EMKES MEMBER AT LARGE 1.00
Director
$0 $0 $0
LAURA WEIS PRESIDENT/CEO/SECRETARY 2.00
Officer
$95,885 $104,539 $200,424
TONYA HORN CHAIR 1.00
Officer
$0 $0 $0
DANIEL KIRBY TREASURER 1.00
Officer
$0 $0 $0
JARED ROGERS MD VICE CHAIR 1.00
Officer
$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
2021 $23,910 $2,705 $22,565 $21,205
2020 $155 $72 $1,515 $83
2019 No data $432 $1,432 No data
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