BLACKSTONE CHAMBER OF COMMERCE

EIN: 546037974

BLACKSTONE, VA

Total Revenue
$49,562
Total Expenses
$43,819
Total Assets
$17,832
Net Assets
$16,758
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
VA
Principal Officer
MAC MCMILLIAN
Phone
4342921677
Tax Period
2019-04-01 to 2020-03-31

BLACKSTONE CHAMBER OF COMMERCE, founded in 1959, is a micro nonprofit that reported $51K in total revenue in fiscal year 2017.

Mission

THE BLACKSTONE CHAMBER OF COMMERCE IS COMMITTED THROUGH ITS MEMBERS TO SUPPORT, PROMOTE, AND CREATE ECONOMIC OPPORTUNITIES THAT BENEFIT OUR COMMUNITY.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $49,529
Investment Income $0
Other Revenue $33
TOTAL REVENUE $49,562

Expense Breakdown

Grants Paid $0
Salaries & Benefits $21,586
Fundraising Expenses $5,987
Other Expenses $22,233
TOTAL EXPENSES $43,819

Year-over-Year Comparison

2019 2018 Change
Revenue $49,562 $46,189 +0.1%
Expenses $43,819 $45,176 0.0%
Net Income $5,743 $1,013 +4.7%
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

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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
13
Independent Members
13
Employees
1
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
8
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOWNTOWN BLACKSTONE INC NON-VOTING S N/A
$0 $0 $0
N/A NON-VOTING M N/A
$0 $0 $0
BRIANA THOMAS VICE CHAIRMA N/A
Officer
$0 $0 $0
MAC MCMILLIAN CHAIRMAN N/A
Officer
$0 $0 $0
BENJAMIN WINN SECRETARY N/A
Officer
$0 $0 $0
DEBBIE EVANS BOARD MEMBER N/A
Officer
$0 $0 $0
EMMA WRIGHT BOARD MEMBER N/A
Officer
$0 $0 $0
DR TAMESHIA GRIMES BOARD MEMBER N/A
Officer
$0 $0 $0
SHERRY MASSARO BOARD MEMBER N/A
Officer
$0 $0 $0
JESSICA WATERS BOARD MEMBER 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
2020 $49,562 $43,819 $17,832 $5,743
2019 $46,189 $45,176 $12,093 $1,013
2018 $51,076 $50,482 $11,237 $594
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