Gainesville Area Chamber of Commerce Inc (EIN 590258435) - 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

1924

Legal Domicile

Principal Officer

Eric Godet

Phone

3523347105

Tax Period

2024-01-01 to 2024-12-31

Gainesville Area Chamber of Commerce Inc, founded in 1924, is a community nonprofit in the Community Improvement sector that reported $1.8M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

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

🔒

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 $1,328,380

Program Service Revenue $484,960

Investment Income $338

Other Revenue $0

TOTAL REVENUE $1,813,678

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,200,854

Fundraising Expenses $0

Other Expenses $736,202

TOTAL EXPENSES $1,937,056

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,813,678	$1,662,563	+0.1%
Expenses	$1,937,056	$1,844,056	+0.1%
Net Income	$-123,378	$-181,493	-0.3%

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

$224,099

Total Directors

$164,908

Key Employees

Highest Compensated

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	$106,949	$0	$106,949
Allen Pearce	CFO	30.00	Officer	$59,191	$0	$59,191
Aidan Augustin	Director	1.00	Director	$0	$0	$0
Theresa Beachy	Vice Chair	2.00	Officer Director	$0	$0	$0
Paul Broadie	Director	1.00	Director	$0	$0	$0
Alan Chatman	Director	1.00	Director	$0	$0	$0
Lee Anne Chesterfield	Director	1.00	Director	$0	$0	$0
Susan Crowley	Director	1.00	Director	$0	$0	$0
John Decarmine	Director	1.00	Director	$0	$0	$0
Marco Digiosia	Director	1.00	Director	$0	$0	$0
Erin Henderson	Director	1.00	Director	$0	$0	$0
Kevin Holmes	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
Eric Johnson	Director	1.00	Director	$0	$0	$0
Brian Jose	Director	1.00	Director	$0	$0	$0
Philip Kabler	Director	1.00	Director	$0	$0	$0
Eric Lawson	Director	1.00	Director	$0	$0	$0
Darry Lloyd	Director	1.00	Director	$0	$0	$0
Rupa Lloyd	Director	1.00	Director	$0	$0	$0
Trey Long	Director	1.00	Director	$0	$0	$0
Joseph Lowry	Director	1.00	Director	$0	$0	$0
Clay Martin	Director	1.00	Director	$0	$0	$0
Robert McDaniel	Director	1.00	Director	$0	$0	$0
Bryan McDonald	Director	1.00	Director	$0	$0	$0
Joleen Cacciatore Miller	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
Suzanne Norris	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
Aimee Pfannestiel	Director	1.00	Director	$0	$0	$0
Duke Pinner	Director	1.00	Director	$0	$0	$0
Kristen Rabell	Director	1.00	Director	$0	$0	$0
Mary Reichardt	Director	1.00	Director	$0	$0	$0
Sergio Reyes	Director	1.00	Director	$0	$0	$0
John Roberts	Director	1.00	Director	$0	$0	$0
John Roscow	General Counsel	1.00	Director	$0	$0	$0
Domenic Scorpio	Director	1.00	Director	$0	$0	$0
Juan Segarra	Director	1.00	Director	$0	$0	$0
Shannon Shell	Director	1.00	Director	$0	$0	$0
Melanie Shore	Director	1.00	Director	$0	$0	$0
Jeff Thieman	Director	1.00	Director	$0	$0	$0
Jon Thomas	Director	1.00	Director	$0	$0	$0
Kinnon Thomas	Director	1.00	Director	$0	$0	$0
Scott Thomas	Director	1.00	Director	$0	$0	$0
Bruce Thompson	Directot	1.00	Director	$0	$0	$0
Mary Kate Walker	Director	1.00	Director	$0	$0	$0
Craig Wilburn	Chair	2.00	Officer Director	$0	$0	$0
Christine Worthmann	Director	1.00	Director	$0	$0	$0
Traci D'Auguste	Director	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
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

Gainesville Area Chamber of Commerce Inc