WAMEGO CHAMBER OF COMMERCE INC

EIN: 481061282

WAMEGO, KS

Total Revenue
$348,756
Total Expenses
$305,704
Total Assets
$257,224
Net Assets
$254,277
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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
1956
Principal Officer
CASIE HARTWICH
Phone
7854567849
Tax Period
2023-01-01 to 2023-12-31

WAMEGO CHAMBER OF COMMERCE INC, founded in 1956, is a small nonprofit that reported $349K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $306K left a modest 12% surplus.

Mission

THE PURPOSE OF THIS ORGANIZATION IS TO STIMULATE ECONOMIC DEVELOPMENT IN WAMEGO BY COORDINATING AND SYNERGIZING EFFORTS IN THE BUSINESS COMMUNITY TO CREATE A POSITIVE IMAGE BY PROMOTING THROUGH OUR EVENTS THAT WAMEGO IS AN EXCITING PLACE TO LIVE, SHOP, AND INVEST; IMPROVE THE APPEARANCE OF OUR CITY; AND TO RECEIVE, ADMINISTER, AND DISTRIBUTE FUNDS IN CONNECTION WITH ANY ACTIVITIES RELATED TO THE ABOVE PURPOSES.

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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 $113,277
Program Service Revenue $234,748
Investment Income $567
Other Revenue $164
TOTAL REVENUE $348,756

Expense Breakdown

Grants Paid $0
Salaries & Benefits $159,439
Fundraising Expenses $0
Other Expenses $146,265
TOTAL EXPENSES $305,704

Year-over-Year Comparison

2023 2022 Change
Revenue $348,756 $265,342 +0.3%
Expenses $305,704 $336,550 -0.1%
Net Income $43,052 $-71,208 -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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
6
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
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CASEY WOLTJE TREASURER 1.00
Officer Director
$0 $0 $0
TROY ROSS BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN WOHLER BOARD MEMBER 1.00
Director
$0 $0 $0
CASIE HARTWICH PRESIDENT 1.00
Officer Director
$0 $0 $0
BRADY HERMAN VICE PRESIDE 1.00
Officer Director
$0 $0 $0
SUZANNE HEMPHILL BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN LULL BOARD MEMBER 1.00
Director
$0 $0 $0
DR JOHN MCQUILLEN BOARD MEMBER 1.00
Director
$0 $0 $0
KENDALL MCVAY BOARD MEMBER 1.00
Director
$0 $0 $0
KILEY MOODY BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH PACHECO BOARD MEMBER 1.00
Director
$0 $0 $0
SAM LIBY BOARD MEMBER 1.00
Director
$0 $0 $0
STACIE EICHEM BOARD MEMBER 1.00
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
2024 No data No data No data No data
2023 $348,756 $305,704 $257,224 $43,052
2022 $265,342 $336,550 $215,247 $-71,208
2021 $375,208 $267,097 $289,481 $108,111
2020 $267,199 $241,842 $181,544 $25,357
2019 $305,190 $329,340 $156,523 $-24,150
2018 $300,457 $321,003 $180,832 $-20,546
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