GREATER STATESVILLE CHAMBER OF COMMERCE (EIN 560415940) - Form 990 Financial Analysis & Trantor Score

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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

1927

Legal Domicile

Principal Officer

Lisa Meier

Phone

7048732892

Tax Period

2025-01-01 to 2025-12-31

GREATER STATESVILLE CHAMBER OF COMMERCE, founded in 1927, is a small nonprofit that reported $379K in total revenue in fiscal year 2025. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $61K, a strong 16% operating margin.

Mission

Community Development

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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 (2025)

Revenue Breakdown

Contributions & Grants $20,000

Program Service Revenue $334,352

Investment Income $149

Other Revenue $24,702

TOTAL REVENUE $379,203

Expense Breakdown

Grants Paid $0

Salaries & Benefits $140,892

Fundraising Expenses $0

Program Expenses $261,194

Other Expenses $177,126

TOTAL EXPENSES $318,018

Year-over-Year Comparison

	2025	2024	Change
Revenue	$379,203	$326,992	+0.2%
Expenses	$318,018	$491,863	-0.4%
Net Income	$61,185	$-164,871	-1.4%

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

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

$67,393

Total Directors

$67,393

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shannon Viera	President	40	Officer Director	$65,421	$1,972	$67,393
Doug Hendrix	Board Member	0	Director	$0	$0	$0
Kevin Smith	Board Member	0	Officer Director	$0	$0	$0
John Brown	Board Member	0	Director	$0	$0	$0
Penny Paugh	Board Member	0	Director	$0	$0	$0
Beth McKeithan	Board Member	0	Director	$0	$0	$0
John Childress	Board Member	0	Director	$0	$0	$0
Paul Cook	Board Member	0	Director	$0	$0	$0
Lisa Familio	Board Member	0	Director	$0	$0	$0
Daryl Davidson	Board Member	0	Director	$0	$0	$0
Nick Fuller	Board Member	0	Officer Director	$0	$0	$0
Billy Hollows	Board Member	0	Director	$0	$0	$0
Mark Kleinhenz	Board Member	0	Director	$0	$0	$0
Tika Shah	Board Member	0	Director	$0	$0	$0
Charles Ashe	Board Member, Past Chair	0	Officer Director	$0	$0	$0
William Morgan	Board Member, Vice Chair Advocacy	0	Director	$0	$0	$0
Ron Matthews	Board Member, Chair	0	Officer Director	$0	$0	$0
Jeff Taylor	Board Member, Vice Chair Education/Workforce	0	Director	$0	$0	$0
Ron Wyatt	Board Member	0	Director	$0	$0	$0
Beth Mull	Board Member	0	Director	$0	$0	$0
Ron Smith	Board Member	0	Director	$0	$0	$0
Nancy Keith	Board Member	0	Director	$0	$0	$0
Jenn Bosser	Board Member	0	Director	$0	$0	$0
Dr Jeff James	Board Member	0	Director	$0	$0	$0
Dr Tim Brewer	Board Member	0	Director	$0	$0	$0
Sydney Koppelmeyer	Board Member	0	Director	$0	$0	$0
Lisa Meier	Treasurer	0	Officer 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	$379,203	$318,018	$71,344	$61,185
2024	$326,992	$491,863	$50,074	$-164,871
2023	$403,998	$406,683	$216,530	$-2,685
2022	$340,833	$347,285	$217,820	$-6,452
2021	$318,766	$274,109	$223,699	$44,657
2020	$299,774	$307,203	$175,163	$-7,429
2019	$420,342	$444,468	$55,282	$-24,126
2018	$658,262	$586,441	$78,978	$71,821

GREATER STATESVILLE CHAMBER OF COMMERCE