MONTGOMERY COUNTY CHAMBER OF COMME… - Form 990 Financial Data

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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

1959

Legal Domicile

Principal Officer

ANGELA FRANCO

Phone

3017380015

Tax Period

2024-07-01 to 2025-06-30

MONTGOMERY COUNTY CHAMBER OF COMMERCE, founded in 1959, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024.

Mission

THE PURPOSE OF THE CHAMBER IS TO DEVELOP, ENCOURAGE AND PROMOTE THE COMMERCIAL, PROFESSIONAL, FINANCIAL AND GENERAL BUSINESS INTERESTS OF MONTGOMERY COUNTY WHILE PROMOTING HUMAN AND COMMUNITY DEVELOPMENT.

Program Service Accomplishments

Program 1

THE CHAMBER SPONSORS SEVERAL EVENTS THROUGHOUT THE YEAR, INCLUDING THE BUSINESS AWARDS DINNER AND ANNUAL DINNER. THESE EVENTS RECOGNIZE BUSINESS LEADERS' CONTRIBUTIONS TO MONTGOMERY COUNTY AND THE...

THE CHAMBER SPONSORS SEVERAL EVENTS THROUGHOUT THE YEAR, INCLUDING THE BUSINESS AWARDS DINNER AND ANNUAL DINNER. THESE EVENTS RECOGNIZE BUSINESS LEADERS' CONTRIBUTIONS TO MONTGOMERY COUNTY AND THE SURROUNDING METRO.

Program 2

MEMBERSHIP:A LIST OF CHAMBER MEMBERSHIP FOR USE BY OTHER MEMBERS OF THE CHAMBER.

Program 3

LEGISLATIVE AFFAIRS AND ADVOCACY

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $302,175

Program Service Revenue $2,028,372

Investment Income $14,954

Other Revenue $0

TOTAL REVENUE $2,345,501

Expense Breakdown

Grants Paid $2,500

Salaries & Benefits $1,169,706

Fundraising Expenses $0

Other Expenses $1,232,202

TOTAL EXPENSES $2,404,408

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,345,501	$2,229,119	+0.1%
Expenses	$2,404,408	$2,519,450	0.0%
Net Income	$-58,907	$-290,331	-0.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$642,818

Total Directors

$368,437

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGETTE GODWIN	PRESIDENT & CEO, (UNTIL 8/31/24)	40.00	Officer Director	$262,941	$27,803	$290,744
ANGELA FRANCO	PRESIDENT & CEO, (FROM 9/16/24)	40.00	Officer Director	$68,138	$9,555	$77,693
ANNE KHADEMIAN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ERIN ALLEN	PAST CHAIRMAN	1.00	Officer Director	$0	$0	$0
DR RHONIQUE SHIELDS	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID HARGADON	TREASURER	1.00	Officer Director	$0	$0	$0
LOWELL YODER	IMM. PAST CHAIR/ CO-CHAIR TREAS.	1.00	Officer Director	$0	$0	$0
PUSHPITA ROTIKALAPUDI	CHAIR AUDIT COMMITTEE	1.00	Director	$0	$0	$0
ANDRE JAUNDOO	CO-CHAIR AUDIT COMMITTEE	1.00	Director	$0	$0	$0
BOB ELLIOTT	CO-CHAIR INFRASTRUCTURE & LAND USE	1.00	Director	$0	$0	$0
ANTONIO FRANCO	GENERAL COUNSEL	1.00	Director	$0	$0	$0
GUS B BAUMAN	INFRASTRUCTURE & LAND USE CHAIR	1.00	Director	$0	$0	$0
LESLIE FORD WEBER	LEGISLATIVE COMMITTEE CHAIR	1.00	Director	$0	$0	$0
TIFFANY LUKIS	DIRECTOR	1.00	Director	$0	$0	$0
REGGIE WHITE	DIRECTOR	1.00	Director	$0	$0	$0
RYAN RIEL	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIAN MELGARD	DIRECTOR	1.00	Director	$0	$0	$0
FELISMINA FELIS ANDRADE	DIRECTOR	1.00	Director	$0	$0	$0
SEAN FLEMING	DIRECTOR	1.00	Director	$0	$0	$0
LINDA HOUK	DIRECTOR	1.00	Director	$0	$0	$0
TARANDEEP BAWA	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM N WIECHMANN	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN A ROBINS	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT HEAD	DIRECTOR	1.00	Director	$0	$0	$0
ANN SULLIVAN	DIRECTOR	1.00	Director	$0	$0	$0
STACEY COHEN	DIRECTOR	1.00	Director	$0	$0	$0
EMILY BRITON	DIRECTOR	1.00	Director	$0	$0	$0
JERMAINE F WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM ELLIS	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM F PEEL III	DIRECTOR	1.00	Director	$0	$0	$0
NOHA GALAL ABDEISALAM	DIRECTOR	1.00	Director	$0	$0	$0
JERRY SHAPIRO	DIRECTOR	1.00	Director	$0	$0	$0
SOPHIA TONG	DIRECTOR	1.00	Director	$0	$0	$0
JONATHON SANTAMONT	DIRECTOR	1.00	Director	$0	$0	$0
EDWARD COOPER	DIRECTOR	1.00	Director	$0	$0	$0
RONALD T PIERVICENZI	DIRECTOR	1.00	Director	$0	$0	$0
DAVID NGUYEN	DIRECTOR	1.00	Director	$0	$0	$0
WEYMOUTH SPENCE	DIRECTOR	1.00	Director	$0	$0	$0
NAKHIA CROSSDAY	DIRECTOR	1.00	Director	$0	$0	$0
JANET ROSENBAUM	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY FEATHERSTONE	DIRECTOR	1.00	Director	$0	$0	$0
KISHIA POWELL	DIRECTOR	1.00	Director	$0	$0	$0
CECILIA VERGARA	CHIEF FINANCIAL OFFICER	28.00	Officer	$140,464	$18,525	$158,989
BARBARA ASHE	EXECUTIVE VICE PRESIDENT	14.00	Officer	$111,812	$3,580	$115,392
BRIAN LEVINE	VP OF LEGISLATIVE AFFAIRS	40.00	Highest	$152,507	$5,391	$157,898
ALEXIS REED	VP OF MARKETING	40.00	Highest	$111,647	$10,831	$122,478

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	$2,345,501	$2,404,408	$1,912,853	$-58,907
2024	$2,229,119	$2,519,450	$2,357,043	$-290,331
2023	$2,396,992	$2,604,124	$2,748,286	$-207,132
2022	$2,115,679	$2,352,224	$1,714,044	$-236,545
2021	$2,481,473	$2,151,770	$2,047,559	$329,703
2020	$2,156,914	$2,150,015	$1,697,747	$6,899
2019	$2,565,878	$2,548,993	$1,724,512	$16,885

MONTGOMERY COUNTY CHAMBER OF COMMERCE