CALVERT COUNTY CHAMBER OF COMMERCE INC

EIN: 521215923

PRINCE FREDERICK, MD

Total Revenue
$193,711
Total Expenses
$220,680
Total Assets
$477,649
Net Assets
$314,054
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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
1976
Legal Domicile
MD
Principal Officer
KATHRYN MANEY
Phone
4105352577
Tax Period
2023-01-01 to 2023-12-31

CALVERT COUNTY CHAMBER OF COMMERCE INC, founded in 1976, is a small nonprofit that reported $194K in total revenue in fiscal year 2023. Expenses of $221K exceeded revenue, resulting in a 14% operating deficit.

Mission

THE MISSION OF THE CALVERT COUNTY CHAMBER OF COMMERCE IS TO BE THE INFLUENTIAL VOICE OF BUSINESS, CREATING ECONOMIC VITALITY BY PROMOTING BUSINESS COMMUNITY AND ITS MEMBERS.

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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 $0
Program Service Revenue $178,858
Investment Income $5,753
Other Revenue $9,100
TOTAL REVENUE $193,711

Expense Breakdown

Grants Paid $0
Salaries & Benefits $159,426
Fundraising Expenses $0
Other Expenses $61,254
TOTAL EXPENSES $220,680

Year-over-Year Comparison

2023 2022 Change
Revenue $193,711 $190,658 +0.0%
Expenses $220,680 $214,046 +0.0%
Net Income $-26,969 $-23,388 +0.2%
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
18
Independent Members
18
Employees
3
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
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JILL ALEXANDER BOARD MEMBER N/A
Director
$0 $0 $0
BONNIE BARRETT CHAIR N/A
Officer Director
$0 $0 $0
DANA BUSTIN SECRETARY N/A
Officer Director
$0 $0 $0
THAIS FALAVIGNA BOARD MEMBER N/A
Director
$0 $0 $0
JAMES FLESHMAN TREASURER N/A
Officer Director
$0 $0 $0
ROBYN HANSON BOARD MEMBER N/A
Director
$0 $0 $0
MARCI KREAMER BOARD MEMBER N/A
Director
$0 $0 $0
MARY LANHAM BOARD MEMBER N/A
Director
$0 $0 $0
KATHERINE LEGER BOARD MEMBER N/A
Director
$0 $0 $0
SUSAN LOPEZ BOARD MEMBER N/A
Director
$0 $0 $0
DAWN MOONEY BOARD MEMBER N/A
Director
$0 $0 $0
JULIE OVERBY 1ST VICE CHA N/A
Officer Director
$0 $0 $0
LISA RITTER BOARD MEMBER N/A
Director
$0 $0 $0
CYNTHIA SCLATER BOARD MEMBER N/A
Director
$0 $0 $0
WENDY TONIC 2ND VICE CHA N/A
Officer Director
$0 $0 $0
COSMO VALENTE BOARD MEMBER N/A
Director
$0 $0 $0
YOLANDA WILSON BOARD MEMBER N/A
Director
$0 $0 $0
KATHRYN MANEY PRESIDENT/CE N/A
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
2024 No data No data No data No data
2023 $193,711 $220,680 $477,649 $-26,969
2022 $190,658 $214,046 $511,033 $-23,388
2021 $208,443 $150,285 $521,154 $58,158
2020 $188,252 $185,247 $455,256 $3,005
2020 $188,252 $165,247 $475,256 $23,005
2019 $227,916 $250,643 $306,130 $-22,727
2018 $244,596 $250,518 $335,622 $-5,922
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