MATTHEWS CHAMBER OF COMMERCE

🔒

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

1980

Legal Domicile

Principal Officer

NICOLE L JOHNSON

Phone

7048473649

Tax Period

2023-01-01 to 2023-12-31

MATTHEWS CHAMBER OF COMMERCE, founded in 1980, is a small nonprofit that reported $234K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $211K left a modest 10% surplus.

Mission

THE MISSION IS TO CONTRIBUTE TO THE PROMOTION AND ADVANCEMENT OF COMMERCIAL BUSINESS SO THAT ITS CITIZENS AND ALL AREAS OF THE BUSINESS COMMUNITY SHALL PROSPER.

Program Service Accomplishments

Program 1

Expenses: $183,236 Revenue: $137,228

VARIOUS EVENTS INCLUDING THE AUTO REUNION, GOLF TOURNAMENT FALL FESTIVAL AND MONTHLY LUNCHEONS WHICH PROMOTE BUSINESS AWARENESS AND COMMUNITY TO OUR MEMBERS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $96,667

Program Service Revenue $137,228

Investment Income $159

Other Revenue $0

TOTAL REVENUE $234,054

Expense Breakdown

Grants Paid $0

Salaries & Benefits $113,452

Fundraising Expenses $0

Program Expenses $183,236

Other Expenses $97,269

TOTAL EXPENSES $210,721

Year-over-Year Comparison

	2023	2022	Change
Revenue	$234,054	$209,902	+0.1%
Expenses	$210,721	$195,976	+0.1%
Net Income	$23,333	$13,926	+0.7%

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

100

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

$66,132

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA TULLAR	EXECUTIVE DI	40.00	Officer	$66,132	$0	$66,132
MONIQUE BROOKS	SECRETARY	2.00	Officer Director	$0	$0	$0
MAC BRYDON	DIRECTOR	2.00	Director	$0	$0	$0
DESSI DUFRESNE	AT LARGE MEM	2.00	Director	$0	$0	$0
SANDTRICA ELLIOT	PAST PRESIDE	2.00	Director	$0	$0	$0
SETH GOLDWIRE	DIRECTOR	2.00	Director	$0	$0	$0
TERRY HESS	DIRECTOR	2.00	Director	$0	$0	$0
ROB JACIK	DIRECTOR	2.00	Director	$0	$0	$0
NICOLE L JOHNSON	TREASURER	2.00	Officer Director	$0	$0	$0
BRANDON MILLS	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
KELLEN MOONEY	PRESIDENT	2.00	Officer Director	$0	$0	$0
ERRICA REDMOND-KLAUS	DIRECTOR	2.00	Director	$0	$0	$0
ADAM SELLARS	DIRECTOR	2.00	Director	$0	$0	$0
CARMEN SMITH	DIRECTOR	2.00	Director	$0	$0	$0
ADAM STRADER	DIRECTOR	2.00	Director	$0	$0	$0
LARRY WHITLEY	TOWN APPOINT	2.00	Director	$0	$0	$0
GARY WOJCIECHOWICZ	DIRECTOR	2.00	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	$234,054	$210,721	$108,199	$23,333
2022	$209,902	$195,976	$84,866	$13,926
2021	$210,984	$195,046	$71,133	$15,938
2020	$195,288	$177,627	$55,200	$17,661
2019	$244,072	$247,767	$50,494	$-3,695
2018	$260,180	$255,772	$60,663	$4,408