ESSEX-MIDDLE RIVER WHITE MARSH CHAMBER OF COMMERCE

EIN: 520663241

MIDDLE RIVER, MD

Total Revenue
$609,878
Total Expenses
$575,601
Total Assets
$187,595
Net Assets
$171,467
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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
SHARON KIHN
Phone
4433178763
Tax Period
2023-01-01 to 2023-12-31

ESSEX-MIDDLE RIVER WHITE MARSH CHAMBER OF COMMERCE, founded in 1956, is a small nonprofit that reported $610K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $576K left a modest 6% surplus.

Mission

A CHAMBER OF COMMERCE FOR ESSEX AND WHITE MARSH BUSINESSES.

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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 $573,432
Program Service Revenue $20,190
Investment Income $0
Other Revenue $16,256
TOTAL REVENUE $609,878

Expense Breakdown

Grants Paid $0
Salaries & Benefits $93,866
Fundraising Expenses $0
Other Expenses $481,735
TOTAL EXPENSES $575,601

Year-over-Year Comparison

2023 2022 Change
Revenue $609,878 $643,552 -0.1%
Expenses $575,601 $616,384 -0.1%
Net Income $34,277 $27,168 +0.3%
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
17
Independent Members
17
Employees
2
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
6
$175,298
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SOPHIA MONTGOMERY PAST CHAIR 2.00
Director
$0 $0 $0
JOHN HESS PAST PRESIDE 2.00
Director
$0 $0 $0
SHARON KIHN PRESIDENT 50.00
Officer
$100,000 $0 $100,000
WILLIAM BAFITIS BOARD MEMBER 2.00
Director
$0 $0 $0
MARC ERSHLER BOARD MEMBER 2.00
Director
$0 $0 $0
STEVEN LEVY BOARD MEMBER 2.00
Director
$0 $0 $0
SHARON JONES BOARD MEMBER 1.00
Director
$0 $0 $0
CECILE MYRICK BOARD MEMBER 1.00
Director
$0 $0 $0
STUART LEVINE MD VICE CHAIRMA 1.00
Officer
$0 $0 $0
CLIFFORD O'CONNELL BOARD MEMBER 1.00
Director
$0 $0 $0
ALFRED POLLARD CHAIRMAN 1.00
Officer
$0 $0 $0
ROBERT ROMADKA BOARD MEMBER 1.00
Director
$0 $0 $0
EARL S OXLEY ASSIST TREA 2.00
Officer
$0 $0 $0
CHRISSY ERB DIRECTOR 40.00
Officer
$75,298 $0 $75,298
KARMEN SLEZAK JD SECRETARY 2.00
Officer
$0 $0 $0
DANIELLE ALDERSON BOARD MEMEBE 1.00
Director
$0 $0 $0
JAMES JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
REBECCA WALKER BOARD MEMBER 1.00
Director
$0 $0 $0
ENJOLI SAUNDERS 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 $609,878 $575,601 $187,595 $34,277
2022 $643,552 $616,384 $152,568 $27,168
2021 $159,805 $157,536 $102,552 $2,269
2020 $159,964 $123,837 $100,283 $36,127
2019 $150,524 $134,704 $64,156 $15,820
2018 $149,430 $149,290 $58,556 $140
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