CHATHAM CHAMBER OF COMMERCE

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1947

Legal Domicile

Tax Period

2022-10-01 to 2023-09-30

CHATHAM CHAMBER OF COMMERCE, founded in 1947, is a small nonprofit that reported $242K in total revenue in fiscal year 2022. Revenue surged 31% from the prior year, signaling strong growth momentum.

Mission

THE CHATHAM CHAMBER OF COMMERCE IS A MEMBERSHIP-DRIVEN ORGANIZATION FOCUSING ON THE ECONOMIC VITALITY OF CHATHAMM COUNTY, NORTH CAROLINA, AND THE INCREASED VISABILITY AND ADVOCACY OF ITS MEMBERS.

Program Service Accomplishments

Program 1

Expenses: $171,402 Revenue: $89,165

PROMOTE MEMBERS BUSINESSES THROUGH BUSINESS ADVOCACY

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $151,039

Program Service Revenue $89,165

Investment Income $1,657

Other Revenue $0

TOTAL REVENUE $241,861

Expense Breakdown

Grants Paid $0

Salaries & Benefits $125,521

Fundraising Expenses $9,617

Program Expenses $171,402

Other Expenses $119,317

TOTAL EXPENSES $246,525

Year-over-Year Comparison

	2022	2021	Change
Revenue	$241,861	$184,057	+0.3%
Expenses	$246,525	$162,970	+0.5%
Net Income	$-4,664	$21,087	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$65,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY POINDEXTER	CEO	40.00	Officer	$65,500	$0	$65,500
BETH MCCULLOUGH	DIRECTOR	1.00	Officer	$0	$0	$0
DAN LAMONTAGNE	DIRECTOR	1.00	Officer	$0	$0	$0
GEORGE GREGER-HOLT	DIRECTOR	1.00	Officer	$0	$0	$0
CHRIS KENNEDY	DIRECTOR	1.00	Officer	$0	$0	$0
MICHAEL SMITH	DIRECTOR	1.00	Officer	$0	$0	$0
JEFFERY STRICKLER	DIRECTOR	1.00	Officer	$0	$0	$0
TRAVIS PATTERSON	DIRECTOR	1.00	Officer	$0	$0	$0
KATHY SIMMERS	DIRECTOR	1.00	Officer	$0	$0	$0
SHARON DICKENS	BOARD CHAIR	5.00	Officer	$0	$0	$0
GLENN BROOKS	DIRECTOR	1.00	Officer	$0	$0	$0
KATIE WALKER	SECRETARY	5.00	Officer	$0	$0	$0
TONY MESSER	TREASURER	5.00	Officer	$0	$0	$0
CURTIS BROWN	DIRECTOR	1.00	Officer	$0	$0	$0
CHRIS ELKINS	BOARD CHAIR ELECT	1.00	Officer	$0	$0	$0
MARK HALL	DIRECTOR	1.00	Officer	$0	$0	$0
TIM CUNNUP	DIRECTOR	1.00	Officer	$0	$0	$0
CINDY DAMERON	DIRECTOR	1.00	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	$241,861	$246,525	$228,297	$-4,664
2023	$40,660	$69,810	$198,932	$-29,150