WILLIAMSBURG AREA CHAMBER OF COMMERCE (EIN 540482313) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1938

Legal Domicile

Principal Officer

MARY T HILL-BANEZ

Phone

7572296511

Tax Period

2024-07-01 to 2025-06-30

WILLIAMSBURG AREA CHAMBER OF COMMERCE, founded in 1938, is a community nonprofit that reported $6.9M in total revenue in fiscal year 2018. Revenue surged 241% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.5M, a strong 65% operating margin.

Mission

TO ENHANCE, PROMOTE, AND SERVE THE BUSINESS COMMUNITIES OF THE CITY OF WILLIAMSBURG, VIRGINIA, JAMES CITY COUNTY, VIRGINIA, THE BRUTON DISTRICT OF YORK COUNTY, VIRGINIA, AND THE YORKTOWN, VIRGINIA WATERFRONT.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $502,550

Program Service Revenue $533,413

Investment Income $17,849

Other Revenue $47,995

TOTAL REVENUE $1,101,807

Expense Breakdown

Grants Paid $0

Salaries & Benefits $686,596

Fundraising Expenses $0

Other Expenses $524,036

TOTAL EXPENSES $1,210,632

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,101,807	$1,040,820	+0.1%
Expenses	$1,210,632	$1,102,422	+0.1%
Net Income	$-108,825	$-61,602	+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

$214,232

Total Directors

$214,232

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY T HILL-BANEZ	CEO OF BUSINESS COUNCIL	40.00	Officer Director	$203,940	$10,292	$214,232
DR PORTER BRANNON	CHAIR	1.00	Officer Director	$0	$0	$0
ADRIA VANHOOZIER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JEFFREY THOMAS	TREASURER	1.00	Officer Director	$0	$0	$0
SHAWN AVERY	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN BAUM	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN BERGMAN	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA BEZIK	DIRECTOR	1.00	Director	$0	$0	$0
RON CAMPANA JR	DIRECTOR	1.00	Director	$0	$0	$0
NEAL CHALKLEY	DIRECTOR	1.00	Director	$0	$0	$0
DUSTIN DEVORE	DIRECTOR	1.00	Director	$0	$0	$0
BEN ELLINGTON	PAST CHAIR	1.00	Director	$0	$0	$0
LAWRENCE GHOLSON	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER HARMON	DIRECTOR	1.00	Director	$0	$0	$0
DOUGLAS HOLROYD	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN KEURAJIAN	DIRECTOR	1.00	Director	$0	$0	$0
ADAM KINSMAN	DIRECTOR	1.00	Director	$0	$0	$0
RUTH LARSON	EX-OFFICIO	1.00	Director	$0	$0	$0
MONTY MASON	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MCGLENNON	DIRECTOR	1.00	Director	$0	$0	$0
DR AMBER PRICE	DIRECTOR	1.00	Director	$0	$0	$0
LEE PELTIER	DIRECTOR	1.00	Director	$0	$0	$0
CAPT SCOTT RAE	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA RAMSEY	DIRECTOR	1.00	Director	$0	$0	$0
AMBER SALOKA	DIRECTOR	1.00	Director	$0	$0	$0
PREET SHAH	DIRECTOR	1.00	Director	$0	$0	$0
JOE SINGLEY	DIRECTOR	1.00	Director	$0	$0	$0
DANA TOMLIN	DIRECTOR	1.00	Director	$0	$0	$0
GLENDA TURNER	DIRECTOR	1.00	Director	$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
2025	$1,101,807	$1,210,632	$1,236,153	$-108,825
2024	$1,040,820	$1,102,422	$1,079,527	$-61,602
2023	$1,058,018	$1,189,554	$1,203,640	$-131,536
2022	$361,750	$484,792	$1,433,910	$-123,042
2020	$13,076,106	$11,867,545	$14,757,466	$1,208,561
2019	$15,717,961	$10,835,541	$11,846,352	$4,882,420
2018	$6,870,297	$2,388,761	$6,603,688	$4,481,536

WILLIAMSBURG AREA CHAMBER OF COMMERCE