GREATER AIKEN CHAMBER OF COMMERCE (EIN 570299487) - 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

1968

Legal Domicile

Principal Officer

JIM TUNISON

Phone

8036411111

Tax Period

2024-01-01 to 2024-12-31

GREATER AIKEN CHAMBER OF COMMERCE, founded in 1968, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Expenses of $1.1M left a modest 10% surplus.

Mission

THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROMOTE THE INTEREST OF COMMUNITY BUSINESS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $543,824

Program Service Revenue $551,342

Investment Income $44,687

Other Revenue $38,190

TOTAL REVENUE $1,178,043

Expense Breakdown

Grants Paid $0

Salaries & Benefits $529,090

Fundraising Expenses $0

Program Expenses $743,031

Other Expenses $527,632

TOTAL EXPENSES $1,056,722

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,178,043	$1,099,578	+0.1%
Expenses	$1,056,722	$979,251	+0.1%
Net Income	$121,321	$120,327	+0.0%

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

$118,726

Total Directors

$118,726

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM TUNISON	PRESIDENT/CEO	40.00	Officer Director	$118,726	$0	$118,726
DUSTIN ENNIS	VICE CHAIR PUBLIC AFFAIRS	0.25	Officer Director	$0	$0	$0
DR CATINA BROADWATER	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
MARY ALLEN	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
SHARON MARRA	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
DANIEL HEIMMERMANN	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
MATT MERRIFIELD	TREASURER	0.25	Officer Director	$0	$0	$0
LARRY LING	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
CARMEN LANDY	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
MOLLY JONES	CHAIR-ELECT AND MEMBERSHIP SERVICES	0.25	Officer Director	$0	$0	$0
MIKE THOMAS	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
DENNIS CARR	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
CHARLIE HARTZ	CHAIR	0.25	Officer Director	$0	$0	$0
STUART BEDENBAUGH	EXOFFICIO BOARD MEMBER	0.25	Director	$0	$0	$0
TOM YOUNG JR	EXOFFICIO BOARD MEMBER	0.25	Director	$0	$0	$0
WILL WILLIAMS	EXOFFICIO BOARD MEMBER	0.25	Director	$0	$0	$0
JASON RABUN	IMMEDIATE PAST-CHAIR	0.25	Officer Director	$0	$0	$0
JOE LEWIS	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
MONICA KEY	VICE-CHAIR BUSINESS AND COMMUNITY DEVELOPMENT	0.25	Officer Director	$0	$0	$0
ILIAS ALIMOHAMED	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
MICHAEL BUDNEY	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
CAROLINE GARCIA	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
CURT HANNA	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
COREY MURPHY	EXOFFICIO BOARD MEMBER	0.25	Director	$0	$0	$0
BRIAN SANDERS	EXOFFICIO BOARD MEMBER	0.25	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	$1,178,043	$1,056,722	$1,823,794	$121,321
2023	$1,099,578	$979,251	$1,716,343	$120,327
2022	$1,039,762	$995,214	$1,561,221	$44,548
2021	$1,005,109	$977,757	$1,538,773	$27,352
2020	$909,330	$896,565	$1,458,358	$12,765
2019	$1,027,100	$1,027,553	$1,552,469	$-453
2018	$1,122,743	$1,116,305	$1,539,445	$6,438

GREATER AIKEN CHAMBER OF COMMERCE