WYTHEVILLE-WYTHE-BLAND CHAMBER OF COMMERCE

EIN: 540468986

WYTHEVILLE, VA

Total Revenue
$160,507
Total Expenses
$124,582
Total Assets
$412,879
Net Assets
$404,676
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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
1946
Legal Domicile
VA
Principal Officer
CAMERON BURTON
Phone
2762233365
Tax Period
2023-01-01 to 2023-12-31

WYTHEVILLE-WYTHE-BLAND CHAMBER OF COMMERCE, founded in 1946, is a small nonprofit that reported $161K in total revenue in fiscal year 2023. Revenue surged 285% from the prior year, signaling strong growth momentum. The organization ran a surplus of $36K, a strong 22% operating margin.

Mission

PROMOTION OF LOCAL ECONOMY.

Program Service Accomplishments

Program 1
Expenses: $96,395

FUNDS ARE EXPENDED FOR THE PROMOTION AND ECONOMIC DEVELOPMENT OF THE COUNTIES OF BLAND AND WYTHE AND THE TOWNS OF WYTHEVILLE AND RURAL RETREAT, VIRGINIA.

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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 $46,935
Program Service Revenue $54,379
Investment Income $59,193
Other Revenue $0
TOTAL REVENUE $160,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $96,395
Other Expenses $124,582
TOTAL EXPENSES $124,582

Year-over-Year Comparison

2023 2022 Change
Revenue $160,507 $41,738 +2.8%
Expenses $124,582 $176,743 -0.3%
Net Income $35,925 $-135,005 -1.3%
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
15
Independent Members
15
Employees
N/A
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOBBY ANGLES BOARD MEMBER N/A
Director
$0 $0 $0
CHAD ARNOLD BOARD MEMBER N/A
Director
$0 $0 $0
TABITHA BOWLING BOARD MEMBER N/A
Director
$0 $0 $0
DEANNA BRADBERRY BOARD MEMBER N/A
Director
$0 $0 $0
CLAYTON BUSH BOARD MEMBER N/A
Director
$0 $0 $0
DONALD HAYES BOARD MEMBER N/A
Director
$0 $0 $0
DREAMA KELLY BOARD MEMBER N/A
Director
$0 $0 $0
STEVE LESTER BOARD MEMBER N/A
Director
$0 $0 $0
CARLA PAULEY BOARD MEMBER N/A
Director
$0 $0 $0
DR WES POOLE BOARD MEMBER N/A
Director
$0 $0 $0
SAM SWEENEY BOARD MEMBER N/A
Director
$0 $0 $0
CAMERON BURTON CHAIRMAN N/A
Officer
$0 $0 $0
TIM PENNINGTON TREASURER N/A
Officer
$0 $0 $0
AARON SUMMERS SECRETARY N/A
Officer
$0 $0 $0
MIKE THOMAS VICE CHAIRMA 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 $160,507 $124,582 $412,879 $35,925
2022 $41,738 $176,743 $376,783 $-135,005
2021 $184,329 $104,302 $512,360 $80,027
2020 $164,338 $127,846 $462,221 $36,492
2019 $210,338 $156,465 $420,382 $53,873
2018 $131,188 $170,129 $365,489 $-38,941
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