STUARTMARTIN CO CHAMBER OF COMMERCE INC

EIN: 590684483

STUART, FL

Total Revenue
$1,072,126
Total Expenses
$1,159,600
Total Assets
$809,006
Net Assets
$496,905
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
FL
Principal Officer
JOSEPH A CATRAMBONE
Phone
7722871088
Tax Period
2023-10-01 to 2024-09-30

STUARTMARTIN CO CHAMBER OF COMMERCE INC, founded in 1977, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023.

Mission

THE STUART/MARTIN COUNTY CHAMBER OF COMMERCE IS THE VOICE OF BUSINESS IN THE COMMUNITY. AS THE VOICE OF BUSINESS, THE CHAMBER SHALL INFORM AND UNITE THE BUSINESS COMMUNITY AND SHALL VIGOROUSLY AND ACTIVELY REPRESENT AND PROMOTE BUSINESS INTERESTS IN MARTIN COUNTY. THROUGH ITS LEADERSHIP, THE CHAMBER SHALL PROACTIVELY PROMOTE AND FOSTER A TOTAL QUALITY COMMUNITY. SUCH A COMMUNITY MUST INCLUDE A DYNAMIC BUSINESS ENVIRONMENT, AN EXPANDING ECONOMIC BASE, QUALITY NEIGHBORHOODS AND SCHOOLS, HEALTHY ECOSYSTEMS AND RESPONSIVE, EFFICIENT GOVERNMENT. THE CHAMBER SHALL PROMOTE ADOPTION OF A SOUND BALANCE BETWEEN ECONOMIC AND ENVIRONMENTAL CONCERNS IN PLANNING FOR THE COUNTY'S FUTURE. THE CHAMBER SHALL AGGRESSIVELY PROMOTE TOURISM AND STRIVE TO ENHANCE BUSINESS OPPORTUNITIES FOR ITS MEMBERSHIP AND ALL CITIZENS OF MARTIN COUNTY. THE CHAMBER SHALL ALWAYS PROVIDE PROMPT AND COURTEOUS SERVICE, BE ATTENTIVE TO THE NEEDS OF ITS MEMBERS AND THE GENERAL PUBLIC, AND SHALL ALWAYS PRESENT MARTIN COUNTY.

Program Service Accomplishments

Program 1

TRADE SHOWS AND MEMBER SERVICES

Program 2

PUBLICATION OF MAPS - PROVIDED AND SOLD TO BUSINESSES FOR ADVERTISING AND DIRECTING TOURISTS TO LOCAL ATTRACTIONS AND BUSINESS.

Program 3

PUBLICATION OF MONTHLY NEWSLETTER - DISTRIBUTED MONTHLY TO PROMOTE BUSINESS IN THE COMMUNITY, ALONG WITH THE SALE OF MEMBERSHIP LISTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $927,934
Investment Income $17,754
Other Revenue $126,438
TOTAL REVENUE $1,072,126

Expense Breakdown

Grants Paid $106,543
Salaries & Benefits $525,542
Fundraising Expenses $0
Other Expenses $527,515
TOTAL EXPENSES $1,159,600

Year-over-Year Comparison

2023 2022 Change
Revenue $1,072,126 $1,090,891 0.0%
Expenses $1,159,600 $1,008,674 +0.1%
Net Income $-87,474 $82,217 -2.1%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
23
Independent Members
23
Employees
9
Volunteers
50

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
6
$153,286
Total Directors
24
$153,286
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH A CATRAMBONE PRESIDENT/CEO 40.00
Officer Director
$145,036 $8,250 $153,286
LISA GRASSAM-SMITH CHAIRMAN 3.00
Officer Director
$0 $0 $0
DAN HULEN CHAIRMAN ELECT 3.00
Officer Director
$0 $0 $0
ERIC KIEHN VICE CHAIRMAN 3.00
Officer Director
$0 $0 $0
CANDACE LOPES VICE CHAIRMAN 3.00
Officer Director
$0 $0 $0
LISA SATUR PAST CHAIRMAN 3.00
Officer Director
$0 $0 $0
AMBER WOODS DIRECTOR 3.00
Director
$0 $0 $0
BRIAN MORIARTY DIRECTOR 3.00
Director
$0 $0 $0
CHARLES GEARY DIRECTOR 3.00
Director
$0 $0 $0
CHRIS SMITH DIRECTOR 3.00
Director
$0 $0 $0
DAN BRADY DIRECTOR 3.00
Director
$0 $0 $0
DAVID SNYDER DIRECTOR 3.00
Director
$0 $0 $0
JEFF GUSTAFSON DIRECTOR 3.00
Director
$0 $0 $0
JEREMY HARRIS DIRECTOR 3.00
Director
$0 $0 $0
JILL MARASA DIRECTOR 3.00
Director
$0 $0 $0
KELLY JOHNSON DIRECTOR 3.00
Director
$0 $0 $0
LT GENERAL FRANK LIBUTTI DIRECTOR 3.00
Director
$0 $0 $0
MARSHALL CRITCHFIELD DIRECTOR 3.00
Director
$0 $0 $0
RYAN HUFF DIRECTOR 3.00
Director
$0 $0 $0
STEPHEN QUINTYNE DIRECTOR 3.00
Director
$0 $0 $0
STEVEN SHULTZ DIRECTOR 3.00
Director
$0 $0 $0
WAYNE FILOWITZ DIRECTOR 3.00
Director
$0 $0 $0
ZACH GAZZA DIRECTOR 3.00
Director
$0 $0 $0
BRANDON MCALLISTER DIRECTOR 3.00
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 $1,072,126 $1,159,600 $809,006 $-87,474
2023 $1,090,891 $1,008,674 $995,553 $82,217
2022 $892,954 $855,033 $886,259 $37,921
2021 $874,482 $762,191 $831,822 $112,291
2020 $741,799 $815,482 $590,165 $-73,683
2019 $872,791 $870,776 $617,780 $2,015
2018 $848,748 $852,952 $631,724 $-4,204
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