GWINNETT CHAMBER OF COMMERCE INC

EIN: 580537282

DULUTH, GA

Total Revenue
$6,827,988
Total Expenses
$6,942,669
Total Assets
$9,673,894
Net Assets
$5,639,415
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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
1961
Legal Domicile
GA
Principal Officer
NICK MASINO
Phone
7702323000
Tax Period
2023-01-01 to 2023-12-31

GWINNETT CHAMBER OF COMMERCE INC, founded in 1961, is a community nonprofit that reported $6.8M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year.

Mission

THE CHAMBER CHAMPIONS BUSINESS AS THE LEADING ADVOCATE AND INNOVATIVE RESOURCE FOR BUSINESSES TO CONNECT AND THRIVE.

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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 $4,199,798
Program Service Revenue $2,015,082
Investment Income $9,115
Other Revenue $603,993
TOTAL REVENUE $6,827,988

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,457,965
Fundraising Expenses $0
Program Expenses $4,341,078
Other Expenses $3,484,704
TOTAL EXPENSES $6,942,669

Year-over-Year Comparison

2023 2022 Change
Revenue $6,827,988 $7,801,062 -0.1%
Expenses $6,942,669 $6,363,008 +0.1%
Net Income $-114,681 $1,438,054 -1.1%
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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Governance

Voting Members
97
Independent Members
95
Employees
51
Volunteers
40

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
0
$0
Total Directors
139
$139,527
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEVEN CASON TRUSTEE/DIRECTOR 1.00
Director
$126,090 $13,437 $139,527
DEAN COLLINS CHAIRMAN 1.00
Director
$0 $0 $0
LANIER LEVETT CHAIR ELECT 1.00
Director
$0 $0 $0
JILL EDWARDS PAST CHAIR 1.00
Director
$0 $0 $0
KIM HARTSOCK TREASURER 1.00
Director
$0 $0 $0
CARLA CARRAWAY SECRETARY 1.00
Director
$0 $0 $0
JOY MITCHELL VC SMALL BUSINESS & ENTREPRENEURSHIP 1.00
Director
$0 $0 $0
JENNIFER FENNELL VC ECONOMIC DEVELOPMENT/PG 1.00
Director
$0 $0 $0
DEIRDRA COX VC MEMBERSHIP 1.00
Director
$0 $0 $0
MATT HYATT VC LEADERSHIP & YOUNG PROFESSIONALS 1.00
Director
$0 $0 $0
BRAD CARR VC PROGRAMS & SPECIAL EVENTS 1.00
Director
$0 $0 $0
PAT MCDONOUGH VC COMMUNITY DEVELOPMENT 1.00
Director
$0 $0 $0
TREY RAGSDALE VC PUBLIC POLICY 1.00
Director
$0 $0 $0
TOM ANDERSEN EMERITUS COUNCIL 1.00
Director
$0 $0 $0
KERRY ARMSTRONG EMERITUS COUNCIL 1.00
Director
$0 $0 $0
STEPHEN K HILL EMERITUS COUNCIL 1.00
Director
$0 $0 $0
TERRI JONDAHL EMERITUS COUNCIL 1.00
Director
$0 $0 $0
J MICHAEL LEVENGOOD EMERITUS COUNCIL 1.00
Director
$0 $0 $0
WAYNE MASON EMERITUS COUNCIL 1.00
Director
$0 $0 $0
SEAN MURPHY EMERITUS COUNCIL 1.00
Director
$0 $0 $0
BILL RUSSELL EMERITUS COUNCIL 1.00
Director
$0 $0 $0
DR MANFRED SANDLER EMERITUS COUNCIL 1.00
Director
$0 $0 $0
TAMMY SHUMATE EMERITUS COUNCIL 1.00
Director
$0 $0 $0
DAVID SNELL EMERITUS COUNCIL 1.00
Director
$0 $0 $0
JOHN D STEPHENS EMERITUS COUNCIL 1.00
Director
$0 $0 $0
MICHAEL TENNANT EMERITUS COUNCIL 1.00
Director
$0 $0 $0
PERRY TINDOL EMERITUS COUNCIL 1.00
Director
$0 $0 $0
RICHARD TUCKER EMERITUS COUNCIL 1.00
Director
$0 $0 $0
SAL AJANI EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
CHUCK BUTTON EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
GREG CANTRELL EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
NATALIE CHO EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
RON GARRARD EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
BRANDON HARTLEY EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
GREGORY JAY EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
KATHRYN KIESER EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
DAVE MCMULLEN EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
BRAND MORGAN EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
NORBERTO SANCHEZ EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
TEDDY RUSSELL EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
RAYMER SALE EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
DANIEL SOSEBEE EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
DEON TUCKER EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
LEE TUCKER EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
MARVIN WILLIS EXECUTIVE COMMITTEE 1.00
Director
$0 $0 $0
KEVIN BELL APPOINTEE 1.00
Director
$0 $0 $0
TOMMY CARRAWAY APPOINTEE 1.00
Director
$0 $0 $0
AL EDWARDS APPOINTEE 1.00
Director
$0 $0 $0
CHERISH DE LA CRUZ APPOINTEE 1.00
Director
$0 $0 $0
DEMETRIUS JORDAN APPOINTEE 1.00
Director
$0 $0 $0
BRYANT SPANN APPOINTEE 1.00
Director
$0 $0 $0
RENE ALEGRIA TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
ANDY ARLOTTA TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
MIKE FULTON TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
DORSEY GRIST TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
JONATHAN HOLMES TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
RACHEL LITTLE TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
WILLIE DEGAL TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
BIN LU TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
JEFF MAHAFFEY TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
PK MARTIN TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
NANCY MCGILL TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
BILLY MILAM TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
IMRAN NIAZI TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
HEATHER ORRICO TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
DR UDAY PARIKH TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
CHANDLER SNELL TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
BRUNO TALLIEFER TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
STEVEN TOMLINSON TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
BOB WILLIAMS TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
CHRIS WILLIS TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
HILDA ABBOTT TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
WHIT ALEXANDER TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
CHRIS BRAUN TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
FRED DAWKINS TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
DAMIAN HAMLIN TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
MARCUS HINTON TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
CYNTHIA KAYE TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL KNOWLES TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
TODD LONG TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
MAYOR MIKE MASON TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
TIM MINARD TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
FARUQ PATEL TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
RICK PACKER TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
COLE PORTER TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
KAMDEN ROBB TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
MASON AILSTOCK TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
JIM SMITH TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
DENISE TOWNSEND TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
WANDA WEEGAR TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
DR AUDREY ARONA TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
HOUSTON BASS TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
LAURA BALLANCE TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
JIM BROOKS TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
CLAYTON CAIN TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
RAY COBB TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
MELANIE CONNER TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
AZIZ DHANANI TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
OM DUGGAL TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
TERRY FOX TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
JOHN GARDNER TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
JOE GODFREY TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
COLLEEN JAPUNTICH TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
TIM LE TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
LINNEA MILLER TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
MATT MOECK TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
BRANDON ODUM TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
JASON PALMGREN TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
ANN-CAROL PENCE TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
MIKE SAMMOND TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
LINDA SCHOEPF TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
KENYATA SMILEY TRUSTEE/DIRECTOR 1.00
Director
$0 $0 $0
REPRESENTATIVE DEWEY MCCLAIN EX-OFFICIO 1.00
Director
$0 $0 $0
SENATOR NIKKI MERRITT EX-OFFICIO 1.00
Director
$0 $0 $0
CHAIRWOMAN NICOLE HENDRICKSON EX-OFFICIO 1.00
Director
$0 $0 $0
DR TARECE JOHNSON EX-OFFICIO 1.00
Director
$0 $0 $0
MAYOR TREY KING EX-OFFICIO 1.00
Director
$0 $0 $0
SUPERINTENDENT DR CALVIN J WATTS EX-OFFICIO 1.00
Director
$0 $0 $0
GLENN STEPHENS EX-OFFICIO 1.00
Director
$0 $0 $0
DR D GLEN CANNON EX-OFFICIO 1.00
Director
$0 $0 $0
DR KAREN BRYANT EX-OFFICIO 1.00
Director
$0 $0 $0
BRYAN GINN EX-OFFICIO 1.00
Director
$0 $0 $0
DR JANN JOSEPH EX-OFFICIO 1.00
Director
$0 $0 $0
JAY DENNARD EX-OFFICIO 1.00
Director
$0 $0 $0
LARRY EBERT EX-OFFICIO 1.00
Director
$0 $0 $0
STAN HALL EX-OFFICIO 1.00
Director
$0 $0 $0
ALYSSA DAVIS EX-OFFICIO 1.00
Director
$0 $0 $0
MICHAEL PARIS EX-OFFICIO 1.00
Director
$0 $0 $0
DEPRIEST WADDY EX-OFFICIO 1.00
Director
$0 $0 $0
RENEE BYRD-LEWIS EX-OFFICIO 1.00
Director
$0 $0 $0
TASHA ALLEN EX-OFFICIO 1.00
Director
$0 $0 $0
MATHIAS HOFFMAN EX-OFFICIO 1.00
Director
$0 $0 $0
JIAN NI EX-OFFICIO 1.00
Director
$0 $0 $0
VERONICA MALDONADO-TORRES EX-OFFICIO 1.00
Director
$0 $0 $0
SANTIAGO MARQUEZ EX-OFFICIO 1.00
Director
$0 $0 $0
PABS RAGHAVA EX-OFFICIO 1.00
Director
$0 $0 $0
SUN PARK EX-OFFICIO 1.00
Director
$0 $0 $0
STEVEN DAO EX-OFFICIO 1.00
Director
$0 $0 $0
NATHAN BOHANNON EX-OFFICIO 1.00
Director
$0 $0 $0
NICK MASINO PRESIDENT & CEO 40.00
Highest
$417,000 $17,756 $434,756
ALICIA KROGH SVP, EXECUTIVE ENGAGEMENT/ 40.00
Highest
$172,117 $14,936 $187,053
LISA SHERMAN TRUSTEE/DIRECTOR 40.00
Highest
$157,262 $15,049 $172,311
MEGAN LESKO TRUSTEE/DIRECTOR 40.00
Highest
$138,782 $15,293 $154,075
PATRICIA SLEDGE TRUSTEE/DIRECTOR 40.00
Highest
$131,984 $14,073 $146,057
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 $6,827,988 $6,942,669 $9,673,894 $-114,681
2022 $7,801,062 $6,363,008 $6,991,339 $1,438,054
2021 $6,072,892 $5,690,521 $6,627,911 $382,371
2020 $5,145,188 $4,788,892 $4,988,916 $356,296
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