CHARLESTON METRO CHAMBER OF COMMERCE

EIN: 570138852

NORTH CHARLESTON, SC

Total Revenue
$4,670,659
Total Expenses
$4,568,359
Total Assets
$6,270,847
Net Assets
$652,684
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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
1823
Legal Domicile
SC
Principal Officer
BRYAN DERREBERRY
Phone
8435772510
Tax Period
2023-01-01 to 2023-12-31

CHARLESTON METRO CHAMBER OF COMMERCE, founded in 1823, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

TO INITIATE, ADVOCATE, AND EMPOWER OUR REGION TO ADVANCE A PROSPEROUS BUSINESS ENVIRONMENT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,627,605
Investment Income $37,708
Other Revenue $5,346
TOTAL REVENUE $4,670,659

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,594,789
Fundraising Expenses $0
Other Expenses $1,973,570
TOTAL EXPENSES $4,568,359

Year-over-Year Comparison

2023 2022 Change
Revenue $4,670,659 $4,077,656 +0.1%
Expenses $4,568,359 $4,150,438 +0.1%
Net Income $102,300 $-72,782 -2.4%
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

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Governance

Voting Members
63
Independent Members
63
Employees
33
Volunteers
1075

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
6
$538,760
Total Directors
63
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRYAN DERREBERRY PRESIDENT & CEO 40.00
Officer
$357,380 $33,849 $391,229
JUSTIN LEE HIGHLY COMPENSATED EMPLOYEE 40.00
Highest
$145,625 $24,475 $170,100
KELLY KILLEEN-HAUPT HIGHLY COMPENSATED EMPLOYEE 40.00
Highest
$146,700 $11,736 $158,436
LAURIE CARTER OFFICER 40.00
Officer
$118,470 $29,061 $147,531
SCOTT BARHIGHT HIGHLY COMPENSATED EMPLOYEE 40.00
Highest
$122,932 $4,917 $127,849
ADRIAN CAIN HIGHLY COMPENSATED EMPLOYEE 40.00
Highest
$108,386 $1,550 $109,936
KYRA MORRIS IMMEDIATE PAST CHAIRMAN 1.00
Officer Director
$0 $0 $0
MATT BREWER CHAIRMAN-ELECT 1.00
Officer Director
$0 $0 $0
ELIZABETH BURWELL FINANCE COMMITTEE CHAIR 1.00
Officer Director
$0 $0 $0
JOE GRECH CHAIR 1.00
Officer Director
$0 $0 $0
MARY GARCIA BOARD DIRECTOR 1.00
Director
$0 $0 $0
LEN HUTCHISON BOARD DIRECTOR 1.00
Director
$0 $0 $0
FORD PERRY BOARD DIRECTOR 1.00
Director
$0 $0 $0
NATASHA LEE BOARD DIRECTOR 1.00
Director
$0 $0 $0
DAVID BOTZIS CPA BOARD DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW SIMPSON BOARD DIRECTOR 1.00
Director
$0 $0 $0
RACHAEL GEORGAS BOARD DIRECTOR 1.00
Director
$0 $0 $0
MIKE HARRIS BOARD DIRECTOR 1.00
Director
$0 $0 $0
PETER LAMOTTE BOARD DIRECTOR 1.00
Director
$0 $0 $0
DAVID GINN BOARD DIRECTOR 1.00
Director
$0 $0 $0
MONICA MUTTER BOARD DIRECTOR 1.00
Director
$0 $0 $0
THOMAS ANDERSON BOARD DIRECTOR 1.00
Director
$0 $0 $0
MELONIE HAMMOND-TRACE BOARD DIRECTOR 1.00
Director
$0 $0 $0
JAYMES MCCLOUD BOARD DIRECTOR 1.00
Director
$0 $0 $0
MELISSA LEVESQUE BOARD DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL ECKARD BOARD DIRECTOR 1.00
Director
$0 $0 $0
CHRIS MAGALDI BOARD DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE SHIPE BOARD DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY LAVECCHIA BOARD DIRECTOR 1.00
Director
$0 $0 $0
RICHARD GOWE BOARD DIRECTOR 1.00
Director
$0 $0 $0
REID BOEHM BOARD DIRECTOR 1.00
Director
$0 $0 $0
TIM KENNEDY BOARD DIRECTOR 1.00
Director
$0 $0 $0
KATHERINE BERGMANN BOARD DIRECTOR 1.00
Director
$0 $0 $0
KATIE HENDERSON BOARD DIRECTOR 1.00
Director
$0 $0 $0
VANESSA GONGORA BOARD DIRECTOR 1.00
Director
$0 $0 $0
MOLLIE GORE BOARD DIRECTOR 1.00
Director
$0 $0 $0
BOB NUTTALL BOARD DIRECTOR 1.00
Director
$0 $0 $0
BOBBY TEACHEY II BOARD DIRECTOR 1.00
Director
$0 $0 $0
JOHN EVANGELISTA BOARD DIRECTOR 1.00
Director
$0 $0 $0
HENRY GIVENS BOARD DIRECTOR 1.00
Director
$0 $0 $0
TRENT DRAFTS BOARD DIRECTOR 1.00
Director
$0 $0 $0
VANESSA GONGORA BOARD DIRECTOR 1.00
Director
$0 $0 $0
DAVID STASIUKAITIS BOARD DIRECTOR 1.00
Director
$0 $0 $0
PAUL SCHWAGER BOARD DIRECTOR 1.00
Director
$0 $0 $0
DR MEGAN BAKER BOARD DIRECTOR 1.00
Director
$0 $0 $0
LAUREN ELLIS BOARD DIRECTOR 1.00
Director
$0 $0 $0
CAROLINE MONAHAN BOARD DIRECTOR 1.00
Director
$0 $0 $0
JOSH SORKIN BOARD DIRECTOR 1.00
Director
$0 $0 $0
JASON LEE BOARD DIRECTOR 1.00
Director
$0 $0 $0
TODD HALLORAN BOARD DIRECTOR 1.00
Director
$0 $0 $0
CHARLES DEW BOARD DIRECTOR 1.00
Director
$0 $0 $0
MELVIN WILLIAMS BOARD DIRECTOR 1.00
Director
$0 $0 $0
GARY COLLINS BOARD DIRECTOR 1.00
Director
$0 $0 $0
JOHN KOPANSKI BOARD DIRECTOR 1.00
Director
$0 $0 $0
MARK MUNN BOARD DIRECTOR 1.00
Director
$0 $0 $0
ANITA ZUCKER BOARD DIRECTOR 1.00
Director
$0 $0 $0
MAMIE BUSH BOARD DIRECTOR 1.00
Director
$0 $0 $0
DR SAJ JOY BOARD DIRECTOR 1.00
Director
$0 $0 $0
MIKE CARTER BOARD DIRECTOR 1.00
Director
$0 $0 $0
WILL HELMLY BOARD DIRECTOR 1.00
Director
$0 $0 $0
MARK LATTANZIO BOARD DIRECTOR 1.00
Director
$0 $0 $0
HERBERT DRAYTON III BOARD DIRECTOR 1.00
Director
$0 $0 $0
JORDI YARBOROUGH BOARD DIRECTOR 1.00
Director
$0 $0 $0
BARRY WHALEN BOARD DIRECTOR 1.00
Director
$0 $0 $0
CATHERINE LACOUR BOARD DIRECTOR 1.00
Director
$0 $0 $0
JANET BATES BOARD DIRECTOR 1.00
Director
$0 $0 $0
CANDICE HUDNALL BOARD DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH HILLS BOARD DIRECTOR 1.00
Director
$0 $0 $0
PAT TANG BOARD 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
2024 No data No data No data No data
2023 $4,670,659 $4,568,359 $6,270,847 $102,300
2022 $4,077,656 $4,150,438 $6,531,279 $-72,782
2021 $4,299,222 $4,018,814 $2,751,754 $280,408
2020 $3,697,164 $3,438,939 $2,363,764 $258,225
2019 $4,292,941 $4,844,175 $1,544,667 $-551,234
2018 $4,806,982 $4,851,169 $2,050,058 $-44,187
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