Alexandria Chamber of Commerce

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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

1906

Legal Domicile

Principal Officer

Joseph Haggerty

Phone

7035491000

Tax Period

2023-01-01 to 2023-12-31

Alexandria Chamber of Commerce, founded in 1906, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023.

Mission

Providing a forum for individuals, businesses and associations engaged in and concerned with the interest and welfare of the Alexandria area, formulating and advocating business positions on critical issues, representing its membership before elected and appointed governmental bodies and educational, networking, and marketing programs involving business in the wider Alexandria community by stimulating awareness of public affairs among its members and promoting a good quality of life.

Program Service Accomplishments

Program 1

Networking and educational programs and events provide Alexandria businesses the opportunity to meet and exchange ideas and information related to Alexandria business activity with other members of...

Program 2

Through the Chamber's local government relations activities, chamber members analyze local issues affecting business and represent the interests of the Alexandria business community to local elected...

Program 3

Online directory listing of members by industry on the Chamber's website to promote Alexandria 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,040,253

Investment Income $13,282

Other Revenue $0

TOTAL REVENUE $1,053,535

Expense Breakdown

Grants Paid $0

Salaries & Benefits $657,100

Fundraising Expenses $0

Other Expenses $387,660

TOTAL EXPENSES $1,044,760

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,053,535	$987,357	+0.1%
Expenses	$1,044,760	$954,807	+0.1%
Net Income	$8,775	$32,550	-0.7%

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

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

$157,779

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nicole McGrew	Chair	5.00	Officer Director	$0	$0	$0
Ann Harbour	Chair-Elect	5.00	Officer Director	$0	$0	$0
Katelin Moomau	General Counsel	5.00	Officer Director	$0	$0	$0
Angela Hartley	Immediate Past Chair	5.00	Officer Director	$0	$0	$0
Joe Haggerty	President & CEO	5.00	Officer Director	$0	$0	$0
Erik Hansen	Vice Chair, Communications	5.00	Officer Director	$0	$0	$0
Gary Barton	Vice Chair, Finance	5.00	Officer Director	$0	$0	$0
Peter McElwain	Vice Chair, Governance	5.00	Officer Director	$0	$0	$0
Garrett McGuire	Vice Chair, Government Relations	5.00	Officer Director	$0	$0	$0
Bob Brant	Vice Chair, Membership	5.00	Officer Director	$0	$0	$0
Dave Millard	Director	5.00	Director	$0	$0	$0
Annette Haggray	Director	5.00	Director	$0	$0	$0
Ken Wire	Director	5.00	Director	$0	$0	$0
Allen Brooks	Director	5.00	Director	$0	$0	$0
Niamh O'Donovan	Director	5.00	Director	$0	$0	$0
Cassius Priestly	Director	5.00	Director	$0	$0	$0
Scott Reamy	Director	5.00	Director	$0	$0	$0
Bill Blackburn	Director	5.00	Director	$0	$0	$0
Adam Froemming	Director	5.00	Director	$0	$0	$0
Teddy Kim	Director	5.00	Director	$0	$0	$0
Sue Goodhart	Director	5.00	Director	$0	$0	$0
Armando DelToro	Director	5.00	Director	$0	$0	$0
Nikita Montgomery	Director	5.00	Director	$0	$0	$0
James Ruley	Director	5.00	Director	$0	$0	$0
Melonie Johnson	Director	5.00	Director	$0	$0	$0
David Baker	Director	5.00	Director	$0	$0	$0
Rina Bansal	Director	5.00	Director	$0	$0	$0
Ann Marie Moore	Director	5.00	Director	$0	$0	$0
LaJuanna Russell	Director	5.00	Director	$0	$0	$0
Brian Stout	Director	5.00	Director	$0	$0	$0
Mandy Frohlich	Director	5.00	Director	$0	$0	$0
Norty Schwartz	Director	5.00	Director	$0	$0	$0
Sunny Blanco	Director	5.00	Director	$0	$0	$0
Jatrice Martel Gaiter	Director	5.00	Director	$0	$0	$0
Michael Babin	Director	5.00	Director	$0	$0	$0
Lisa Katic	Director	5.00	Director	$0	$0	$0
Joseph Haggerty	President & CEO	40.00	Officer	$150,242	$7,537	$157,779

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	$1,053,535	$1,044,760	$511,402	$8,775
2022	$987,357	$954,807	$593,417	$32,550
2021	$846,420	$820,012	$353,788	$26,408
2021	$846,420	$820,012	$353,788	$26,408
2019	$855,083	$817,669	$235,777	$37,414
2018	$822,374	$767,879	$216,569	$54,495