HILLSBOROUGH CHAMBER OF COMMERCE INC

EIN: 561581273

HILLSBOROUGH, NC

Total Revenue
$146,262
Total Expenses
$145,785
Total Assets
$4,416
Net Assets
$-1,863
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
NC
Principal Officer
RICK CHAMBLESS
Phone
9197328156
Tax Period
2019-01-01 to 2019-12-31

HILLSBOROUGH CHAMBER OF COMMERCE INC, founded in 1983, is a small nonprofit that reported $146K in total revenue in fiscal year 2019. Revenue decreased 18% compared to the prior year.

Mission

ANNUAL BUSINESS DIRECTORY PROVIDING INFORMATION ABOUT LOCAL BUSINESSES, SERVICES, LOCAL GOVERNMENT, EVENTS CALENDAR AND AREA FACTS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $128,475
Program Service Revenue $0
Investment Income $0
Other Revenue $17,787
TOTAL REVENUE $146,262

Expense Breakdown

Grants Paid $0
Salaries & Benefits $79,466
Fundraising Expenses $0
Other Expenses $66,319
TOTAL EXPENSES $145,785

Year-over-Year Comparison

2019 2018 Change
Revenue $146,262 $178,152 -0.2%
Expenses $145,785 $192,885 -0.2%
Net Income $477 $-14,733 -1.0%
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

Sign In

Governance

Voting Members
N/A
Independent Members
N/A
Employees
5
Volunteers
20

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
5
$0
Total Directors
11
$0
Key Employees
1
$49,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY KNAPP-TESORO CEO 40.00
Key Emp Highest
$49,000 $0 $49,000
JONATHAN WILLIAMS BOARD MEMBER 0.05
Director
$0 $0 $0
CHAD COLLINS PRESIDENT 3.00
Officer
$0 $0 $0
JACLYN KROHN BOARD MEMBER 0.05
Director
$0 $0 $0
RAUL HERRERA BOARD MEMBER 0.05
Director
$0 $0 $0
JIM MCNEELY MEMBER SERVICES 0.05
Director
$0 $0 $0
RICK CHAMBLESS TREASURER 0.05
Officer
$0 $0 $0
ANDRE RICHMOND BOARD MEMBER 0.05
Director
$0 $0 $0
ROBERT CHALIFOUR BOARD MEMBER 0.05
Director
$0 $0 $0
JENNIFER WARREN PRESIDENT 3.00
Officer
$0 $0 $0
TOM STRUCKMEYER BOARD MEMBER 0.05
Director
$0 $0 $0
SHANNON CAMPBELL BOARD MEMBER 0.05
Director
$0 $0 $0
STEVE BRANTLEY BOARD MEMBER 0.05
Director
$0 $0 $0
LAURIE PAOLICELLI BOARD MEMBER 0.05
Director
$0 $0 $0
KATIE ZVORLERIN SECRETARY 0.10
Officer
$0 $0 $0
AUBERY WILLIAMS VICE PRESIDENT 0.10
Officer
$0 $0 $0
KATE CARROLL BOARD MEMBER 0.05
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
2019 $146,262 $145,785 $4,416 $477
2018 $178,152 $192,885 $3,864 $-14,733
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HILLSBOROUGH CHAMBER OF COMMERCE INC with other nonprofits in North Carolina and across the country.