GREATER KEY WEST CHAMBER OF COMMERCE

EIN: 590317595

KEY WEST, FL

Total Revenue
$1,056,275
Total Expenses
$941,048
Total Assets
$1,154,760
Net Assets
$1,060,668
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
FL
Phone
3052942587
Tax Period
2025-01-01 to 2025-12-31

GREATER KEY WEST CHAMBER OF COMMERCE, founded in 1978, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2025. Expenses of $941K left a modest 11% surplus.

Mission

PROMOTER OF CIVIC WELFARE

Program Service Accomplishments

Program 1
Expenses: $518,293

SMALL BUSINESS COUNCIL-TO CREATE AN ATTRACTIVE AND EDUCATIONAL PROGRAM TO HELP OUR SMALL BUSINESS MEMBERS PROSPER, LEARN FROM ONE ANOTHER, AND GAIN VALUABLE INFORMATION, BENEFICIAL TO SMALL BUSINESS...

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SMALL BUSINESS COUNCIL-TO CREATE AN ATTRACTIVE AND EDUCATIONAL PROGRAM TO HELP OUR SMALL BUSINESS MEMBERS PROSPER, LEARN FROM ONE ANOTHER, AND GAIN VALUABLE INFORMATION, BENEFICIAL TO SMALL BUSINESS COMMUNITY.

Program 2
Expenses: $257,923

ECONOMIC AND AREA ENHANCEMENT PROGRAM-TO CREATE AN ATMOSPHERE CONDUCIVE TO KEY WEST'S ECONOMIC DEVELOPMENT AND QUALITY OF LIFE AS WELL AS MAINTAIN A CLEAN ISLAND, BENEFICIAL TO ENTIRE COMMUNITY.

Program 3
Expenses: $18,273

EDUCATION COMMITTEE-TO IMPROVE THE RELATIONSHIP BETWEEN THE BUSINESS COMMUNITY AND THE LOCAL SCHOOLS AS WELL AS IMPROVE BUSINESS EDUCATION, BENEFICIAL TO ENTIRE COMMUNITY.

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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 $276,643
Program Service Revenue $595,465
Investment Income $15,223
Other Revenue $168,944
TOTAL REVENUE $1,056,275

Expense Breakdown

Grants Paid $0
Salaries & Benefits $454,067
Fundraising Expenses $0
Program Expenses $794,489
Other Expenses $486,981
TOTAL EXPENSES $941,048

Year-over-Year Comparison

2025 2024 Change
Revenue $1,056,275 $984,975 +0.1%
Expenses $941,048 $794,486 +0.2%
Net Income $115,227 $190,489 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
7
Volunteers
78

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
7
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRITTANY SNYDER Treasurer 2.00
Officer Director
$0 $0 $0
JOHN TOPPINO 2nd V President 1.00
Officer Director
$0 $0 $0
ANDREW MORAWSKI Director 1.00
Director
$0 $0 $0
DAVE TALPASZ Director 1.00
Director
$0 $0 $0
GARY CARNEY Director 0.00
Director
$0 $0 $0
SUZANNE MOORE Director 0.00
Director
$0 $0 $0
JOE CASO Director 1.00
Director
$0 $0 $0
TRAVIS DOLL Director 0.00
Director
$0 $0 $0
MARK ROSSI Director 0.00
Director
$0 $0 $0
GEORGE FERNANDEZ Director 1.00
Director
$0 $0 $0
DIANE SCHMIDT Director 0.00
Director
$0 $0 $0
STEVEN NEKHEILA Director 1.00
Director
$0 $0 $0
JIM WILSON President 2.00
Officer Director
$0 $0 $0
MELISSA KENDRICK Appointee 1.00
Officer Director
$0 $0 $0
DALYIN STARKS Director 0.00
Director
$0 $0 $0
GREG SULLIVAN Director 0.00
Director
$0 $0 $0
CASEY ARNOLD Secretary 2.00
Officer Director
$0 $0 $0
AMBER SHAFFER 1st V President 2.00
Officer Director
$0 $0 $0
KERRY BAKER Executive Dir. 40.00
Officer
$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 $1,056,275 $941,048 $1,154,760 $115,227
2024 $984,975 $794,486 $1,098,467 $190,489
2023 $814,405 $883,362 $891,684 $-68,957
2022 $896,085 $831,803 $887,434 $64,282
2021 $984,776 $763,117 $877,425 $221,659
2020 $692,107 $790,106 $748,924 $-97,999
2019 $900,692 $944,352 $988,089 $-43,660
2018 $867,930 $816,606 $836,072 $51,324
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