HARRISONBURG ROCKINGHAM CHAMBER OF COMMERCE

EIN: 540241485

HARRISONBURG, VA

Total Revenue
$436,535
Total Expenses
$407,714
Total Assets
$428,083
Net Assets
$323,807
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1916
Legal Domicile
VA
Principal Officer
CHRISTOPHER QUINN
Phone
5404343862
Tax Period
2024-01-01 to 2024-12-31

Harrisonburg Rockingham Chamber of Commerce, founded in 1916, is a small nonprofit that reported $479K in total revenue in fiscal year 2018. Revenue decreased 13% compared to the prior year.

Mission

CONNECTING AREA BUSINESSES INTO A NETWORK USING LEADERSHIP AND ADVOCACY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $435,351
Investment Income $1,184
Other Revenue $0
TOTAL REVENUE $436,535

Expense Breakdown

Grants Paid $1,400
Salaries & Benefits $266,682
Fundraising Expenses $0
Other Expenses $139,632
TOTAL EXPENSES $407,714

Year-over-Year Comparison

2024 2023 Change
Revenue $436,535 $452,194 0.0%
Expenses $407,714 $401,955 +0.0%
Net Income $28,821 $50,239 -0.4%
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
21
Independent Members
21
Employees
5
Volunteers
50

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
5
$102,249
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELLY BLOSSER CHAIR 1.00
Officer Director
$0 $0 $0
SUSAN SCHULTZ HUXMAN INCOMING CHAIR 1.00
Officer Director
$0 $0 $0
QUINTON CALLAHAN PAST CHAIR 1.00
Officer Director
$0 $0 $0
REBEKAH KULLER BOARD MEMBER 1.00
Officer Director
$0 $0 $0
JOSIAH RIDER BOARD MEMBER 1.00
Director
$0 $0 $0
HEATHER REAM BOARD MEMBER 1.00
Director
$0 $0 $0
KEMPER FUNKHOUSER BOARD MEMBER 1.00
Director
$0 $0 $0
UMAR ALI BOARD MEMBER 1.00
Director
$0 $0 $0
ARIANNA WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
ERIN MEADOWS BOARD MEMBER 1.00
Director
$0 $0 $0
SUZANNE BERGMEISTER BOARD MEMBER 1.00
Director
$0 $0 $0
XOCHITL MARTINEZ BOARD MEMBER 1.00
Director
$0 $0 $0
TISHA MCCOY-NTIAMOAH BOARD MEMBER 1.00
Director
$0 $0 $0
NADIA DAMES BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELA ROUSE BOARD MEMBER 1.00
Director
$0 $0 $0
AMANDA LEECH BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE OWENS BOARD MEMBER 1.00
Director
$0 $0 $0
JENNY HANSBROUGH BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL AULGUR BOARD MEMBER 1.00
Director
$0 $0 $0
SALLIE WOLFE-GARRISON BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER JONES BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER QUINN PRESIDENT & CEO 40.00
Officer
$93,321 $8,928 $102,249
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 $436,535 $407,714 $428,083 $28,821
2023 $452,194 $401,955 $290,181 $50,239
2022 $404,046 $429,756 $236,197 $-25,710
2021 $451,767 $423,040 $305,901 $28,727
2020 $345,990 $444,573 $281,612 $-98,583
2019 $533,149 $519,490 $383,069 $13,659
2018 $478,626 $491,816 $343,668 $-13,190
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