Gainesville Area Chamber of Commerce Inc

EIN: 590258435 Community Improvement

Gainesville, FL

Total Revenue
$1,545,146
Total Expenses
$1,806,194
Total Assets
$538,742
Net Assets
$-262,920
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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
1924
Legal Domicile
FL
Principal Officer
Eric Godet
Phone
3523347105
Tax Period
2025-01-01 to 2025-12-31

Gainesville Area Chamber of Commerce Inc, founded in 1924, is a community nonprofit in the Community Improvement sector that reported $1.5M in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year. Expenses of $1.8M exceeded revenue, resulting in a 17% operating deficit.

Mission

Our Mission is to Facilitate economic opportunity, business success and community progress

Program Service Accomplishments

Program 1

The Chamber provides a multitude of opportunities, throuh benefits, initiatives and events, for companies to increase their exposure and success. The council for economic outreach is focused on...

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The Chamber provides a multitude of opportunities, throuh benefits, initiatives and events, for companies to increase their exposure and success. The council for economic outreach is focused on creating jobs and strengthening the community by assisting businesses and facilitating startups, expansion and attraction in the region. As a key focus, the chamber leverages business engagement to facilitate the transformation of career and education opportunities avalable to Alachua County students. The organizations goal is to create and maintain an ecosystem that fosters economic growth and opportunity. The organization represents the interests of the business community on city, county, region and state levels.

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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 (2025)

Revenue Breakdown

Contributions & Grants $782,903
Program Service Revenue $762,243
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,545,146

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,134,871
Fundraising Expenses $0
Other Expenses $671,323
TOTAL EXPENSES $1,806,194

Year-over-Year Comparison

2025 2024 Change
Revenue $1,545,146 $1,813,678 -0.1%
Expenses $1,806,194 $1,937,056 -0.1%
Net Income $-261,048 $-123,378 +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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
52
Independent Members
51
Employees
15
Volunteers
86

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
3
$225,055
Total Directors
48
$164,908
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eric Godet CEO 40.00
Officer Director
$164,908 $0 $164,908
Steve Cannon Employee 40.00
Highest
$104,632 $0 $104,632
Everett Allen Pearce CFO 30.00
Officer
$60,147 $0 $60,147
John Roberts Vice Chair 1.00
Director
$0 $0 $0
Theresa Beachy Chair 2.00
Officer Director
$0 $0 $0
Ishael Rentz Director 1.00
Director
$0 $0 $0
Eric Drummond Director 1.00
Director
$0 $0 $0
John Roscow General Counsel 1.00
Director
$0 $0 $0
Melanie Shore Director 1.00
Director
$0 $0 $0
Kinnon Thomas Director 1.00
Director
$0 $0 $0
Ashley Bryant Director 1.00
Director
$0 $0 $0
Tarin Acaron Director 1.00
Director
$0 $0 $0
Joey Bissinnar Director 1.00
Director
$0 $0 $0
Gabe Bullaro Director 1.00
Director
$0 $0 $0
Joleen Cacciatore Miller Director 1.00
Director
$0 $0 $0
Brenda Cesar-Banales Director 1.00
Director
$0 $0 $0
LeeAnn Chesterfield Director 1.00
Director
$0 $0 $0
Chuck Clemons Director 1.00
Director
$0 $0 $0
Stephanie Curtis Director 1.00
Director
$0 $0 $0
Christine Denny Director 1.00
Director
$0 $0 $0
Theresa Glaeser Director 1.00
Director
$0 $0 $0
Angela Howard Director 1.00
Director
$0 $0 $0
Edwina Hurst Director 1.00
Director
$0 $0 $0
Darin Johnson Director 1.00
Director
$0 $0 $0
Joseph Lowry Director 1.00
Director
$0 $0 $0
Kylie Maris Director 1.00
Director
$0 $0 $0
Vinnie Moreschi Director 1.00
Director
$0 $0 $0
Brian Moses Director 1.00
Director
$0 $0 $0
Ivan Oelrich Director 1.00
Director
$0 $0 $0
Erik Otte Director 1.00
Director
$0 $0 $0
Chuck Parker Director 1.00
Director
$0 $0 $0
Randy Persad Director 1.00
Director
$0 $0 $0
Aimee Pfannenstiel Director 1.00
Director
$0 $0 $0
Joshua Radeker Director 1.00
Director
$0 $0 $0
Kristen Rabell Director 1.00
Director
$0 $0 $0
Sergio Reyes Director 1.00
Director
$0 $0 $0
Juan Segarra Director 1.00
Director
$0 $0 $0
Michael Solomon Director 1.00
Director
$0 $0 $0
Karen Thomas Director 1.00
Director
$0 $0 $0
Jorge Villalobos Director 1.00
Director
$0 $0 $0
Mary Kate Walker Director 1.00
Director
$0 $0 $0
Christine Worthmann Director 1.00
Director
$0 $0 $0
Peter Ynigo Director 1.00
Director
$0 $0 $0
Paul Broadie Director 1.00
Director
$0 $0 $0
Michele Liberman Director 1.00
Director
$0 $0 $0
Kamala Patton Director 1.00
Director
$0 $0 $0
Chat Scott Director 1.00
Director
$0 $0 $0
Andrew Persons Director 1.00
Director
$0 $0 $0
Pail Mehrlich Directot 1.00
Director
$0 $0 $0
Craig Wilburn Past Chair 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
2025 $1,545,146 $1,806,194 $538,742 $-261,048
2024 $1,813,678 $1,937,056 $487,257 $-123,378
2023 No data No data No data No data
2022 $1,857,339 $1,750,885 $780,425 $106,454
2021 $1,374,825 $1,460,126 $1,038,088 $-85,301
2020 $1,541,563 $1,670,262 $701,919 $-128,699
2019 $2,017,068 $2,083,012 $686,484 $-65,944
2018 $1,846,744 $1,901,156 $763,412 $-54,412
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