GILMER COUNTY CHAMBER OF COMMERCE INC (EIN 581341077) - Form 990 Financial Analysis & Trantor Score

🔒

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

1978

Legal Domicile

Principal Officer

KYLE RAY

Phone

7066357400

Tax Period

2024-01-01 to 2024-12-31

GILMER COUNTY CHAMBER OF COMMERCE INC, founded in 1978, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2024. Expenses of $2.4M left a modest 5% surplus.

Mission

Promote a strong business environment that enhances the quality of the community. To be the leader in making Gilmer County the best place to visit, live and work.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $2,303,489

Program Service Revenue $261,244

Investment Income $12,429

Other Revenue $0

TOTAL REVENUE $2,577,162

Expense Breakdown

Grants Paid $176,078

Salaries & Benefits $688,379

Fundraising Expenses $0

Program Expenses $2,296,743

Other Expenses $1,576,508

TOTAL EXPENSES $2,440,965

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,577,162	$2,427,852	+0.1%
Expenses	$2,440,965	$2,351,075	+0.0%
Net Income	$136,197	$76,777	+0.8%

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

$73,053

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER GRIMMER	FORMER PRESIDENT/CEO	40.00	Officer	$61,237	$0	$61,237
KYLE RAY	PRESIDENT/CEO	40.00	Officer	$11,816	$0	$11,816
ANDY ASHURST	BOARD MEMBER	2.00	Director	$0	$0	$0
ZACH HENDERSON	BOARD MEMBER	2.00	Director	$0	$0	$0
NICOLE JONES-TINKER	BOARD MEMBER	2.00	Director	$0	$0	$0
BRETT CANTRELL	BOARD MEMBER	2.00	Director	$0	$0	$0
KATHERINE HYATT	BOARD MEMBER	2.00	Director	$0	$0	$0
BRAD SIMMONS	BOARD MEMBER	2.00	Director	$0	$0	$0
MITCHELL PACK	BOARD MEMBER	2.00	Director	$0	$0	$0
DAVID SIMMONS	BOARD MEMBER	2.00	Director	$0	$0	$0
CATHERINE BENITEZ	BOARD MEMBER	2.00	Director	$0	$0	$0
KATIE VAUGHN	BOARD MEMBER	2.00	Director	$0	$0	$0
TERRY ELLIS	BOARD MEMBER	2.00	Director	$0	$0	$0
REBECCA HARRELL	CHAIR	2.00	Officer Director	$0	$0	$0
TIFFANY WATSON	PAST CHAIR	2.00	Officer Director	$0	$0	$0
DOUG COLBURN	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
JULIE JOHNSON	CHAIR ELECT	2.00	Officer Director	$0	$0	$0
HUBERT PARKER	EX OFFICIO	0.00	Director	$0	$0	$0
BRIAN RIDLEY	EX OFFICIO	0.00	Director	$0	$0	$0
KENT SANFORD	EX OFFICIO	0.00	Director	$0	$0	$0
ED LACEY	EX OFFICIO	0.00	Director	$0	$0	$0
LARRY CALLAHAN	EX OFFICIO	0.00	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	$2,577,162	$2,440,965	$2,319,941	$136,197
2023	$2,427,852	$2,351,075	$2,249,817	$76,777
2022	$2,339,367	$2,011,422	$2,130,159	$327,945
2021	$1,818,848	$1,340,677	$1,553,621	$478,171
2020	$1,050,448	$742,386	$1,011,076	$308,062
2019	$864,958	$750,798	$689,422	$114,160
2018	$817,241	$783,058	$531,252	$34,183

GILMER COUNTY CHAMBER OF COMMERCE INC