Marco Island Chamber of Commerce

EIN: 591783165

Marco Island, FL

Total Revenue
$313,002
Total Expenses
$269,858
Total Assets
$330,912
Net Assets
$293,300
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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
Dianna Dohm
Phone
2393947549
Tax Period
2023-01-01 to 2023-12-31

Marco Island Chamber of Commerce, founded in 1977, is a small nonprofit that reported $313K in total revenue in fiscal year 2023. Expenses of $270K left a modest 14% surplus.

Mission

The Marco Island Area Chamber of Commerce is a membership directory that promotes area businesses and attracts new business to the local market by providing networking opportunities and educational/informational programs. In addition to serving their business membership, the Chamber is actively involved in the community through support and outreach for community events, scholarship programs and promoting Marco Island as a destination for both visitors and those looking to relocate.

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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 $107,411
Program Service Revenue $205,591
Investment Income $0
Other Revenue $0
TOTAL REVENUE $313,002

Expense Breakdown

Grants Paid $0
Salaries & Benefits $136,228
Fundraising Expenses $0
Program Expenses $64,912
Other Expenses $133,630
TOTAL EXPENSES $269,858

Year-over-Year Comparison

2023 2022 Change
Revenue $313,002 $291,848 +0.1%
Expenses $269,858 $254,334 +0.1%
Net Income $43,144 $37,514 +0.2%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
2
Volunteers
24

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
5
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alex Parker Chairman 1.00
Director
$0 $0 $0
Dr Richard Siegel Director 1.00
Director
$0 $0 $0
Laura Gelman Financial Secre 3.00
Officer Director
$0 $0 $0
Dan Collardey Director 1.00
Director
$0 $0 $0
Nancy Carrington Director 1.00
Director
$0 $0 $0
Susan Ackerson Director 1.00
Director
$0 $0 $0
Jacquie Strategos Director 1.00
Director
$0 $0 $0
Tiffany Homuth Past President 1.00
Officer Director
$0 $0 $0
Dianna Dohm Executive Dir. 1.00
Director
$0 $0 $0
Rick Popoff Secretary 1.00
Officer Director
$0 $0 $0
Kaitlen Magdalener Director 1.00
Director
$0 $0 $0
Grant Phelan Director 1.00
Director
$0 $0 $0
Richard Sumer Director 1.00
Director
$0 $0 $0
Sandi Sims-Ramage Director 1.00
Director
$0 $0 $0
Mary Quinton Director 1.00
Director
$0 $0 $0
Mauricio Ariza Director 1.00
Director
$0 $0 $0
William Morris President elect 1.00
Director
$0 $0 $0
James Garcia Director 1.00
Director
$0 $0 $0
Colleen Long President 5.00
Officer Director
$0 $0 $0
Erick Condee Treasurer 1.00
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
2024 No data No data No data No data
2023 $313,002 $269,858 $330,912 $43,144
2022 $291,848 $254,334 $287,924 $37,514
2021 $294,497 $219,301 $258,410 $75,196
2020 $290,552 $188,219 $182,430 $102,333
2019 $384,357 $359,611 $97,659 $24,746
2018 $353,051 $417,148 $72,369 $-64,097
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