Hoover, AL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Hoover Chamber of Commerce DBA HOOVER AREA CHAMBER OF COMMERCE, founded in 1978, is a small nonprofit that reported $505K in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year.
THE MISSION OF THE HOOVER AREA CHAMBER OF COMMERCE IS TO SERVE AS A CATALYST FOR ECONOMIC GROWTH BY FOSTERING COOPERATIVE PARTNERSHIPS AND ADVOCATING FOR OUR STAKEHOLDERS. THE VISION OF THE CHAMBER IS FOR THE HOOVER AREA TO BE A LEADER IN THE METROPOLITAN AREA COMMUNITY,
TO FOSTER ECONOMIC VITALITY PROVIDE HIGH QUALITY JOBS, A THRIVING SMALL BUSINESS ECOSYSTEM AND ENCOURAGE OPPORTUNITIES TO BRING AREA BUSINESSES AND RESIDENTS TOGETHER, BE THE VOICE OF BUSINESS...
TO FOSTER ECONOMIC VITALITY PROVIDE HIGH QUALITY JOBS, A THRIVING SMALL BUSINESS ECOSYSTEM AND ENCOURAGE OPPORTUNITIES TO BRING AREA BUSINESSES AND RESIDENTS TOGETHER, BE THE VOICE OF BUSINESS INFORM, ADVOCATE AND ACT AS A COMMUNITY PARTNER, AND CULTIVATE TALENT ATTRACT TALENT, BE EMPLOYERS OF CHOICE AND FACILITATE HOME-GROWN TALENT FOR LOCAL BUSINESSES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $504,562 | $595,442 | -0.2% |
| Expenses | $512,895 | $753,517 | -0.3% |
| Net Income | $-8,333 | $-158,075 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Nanette Baldwin | President & CEO | 40.00 |
Officer
|
$74,000 | $0 | $74,000 |
| Keith Barfield | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Johnathan Carter | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Aaron Dettling | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Shannon Driver | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Kimberly Jackson | Trustee | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kelvin Johnson | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Greg Knighton | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Tyler Lipe | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Vivian Mora | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Derrick Murphy | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Cori Perdue | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Rohen Porbanderwala | Chairman | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lynn Ray | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Sanjay Patel | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Kim Starling | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tyler Williams | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| James Robinson | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Tom Micelotta | Interim Pres/CEO Jan to July24 | 40.00 |
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $504,562 | $512,895 | $213,327 | $-8,333 |
| 2024 | $595,442 | $753,517 | $251,805 | $-158,075 |
| 2023 | $549,130 | $706,041 | $341,094 | $-156,911 |
| 2022 | $406,489 | $528,412 | $331,782 | $-121,923 |
| 2021 | $468,733 | $486,780 | $441,320 | $-18,047 |
| 2020 | $326,899 | $312,589 | $462,774 | $14,310 |
| 2019 | $410,404 | $416,333 | $300,912 | $-5,929 |
| 2018 | $410,614 | $451,343 | $299,986 | $-40,729 |
Compare Hoover Chamber of Commerce DBA HOOVER AREA CHAMBER OF COMMERCE with other nonprofits in Alabama and across the country.