SOUTH TAMPA CHAMBER OF COMMERCE INC

EIN: 592803419

TAMPA, FL

Total Revenue
$577,053
Total Expenses
$592,654
Total Assets
$169,860
Net Assets
$-107,427
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
FL
Principal Officer
KELLY FLANNERY
Phone
8136370156
Tax Period
2023-01-01 to 2023-12-31

SOUTH TAMPA CHAMBER OF COMMERCE INC, founded in 1983, is a small nonprofit that reported $577K in total revenue in fiscal year 2023.

Mission

THE MISSION OF THE SOUTH TAMPA CHAMBER IS TO PROVIDE A FORUM WHICH CONNECTS MEMBERS, ENHANCES COMMERCE AND ENRICHES THE SOUTH TAMPA COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $53,527 Revenue: $67,141

LUNCHEON - MONTHLY MEMBER LUNCHEON TO PROMOTE MEMBER BUSINESSES AND DRIVE MEMBER CONNECTIONS.

Program 2
Expenses: $22,226 Revenue: $40,410

BUSINESS EXPO AND NETWORKING EVENT - HELD AND BROUGHT TOGETHER EXHIBITING BUSINESSES FROM SOUTH TAMPA AND HUNDREDS OF INDIVIDUAL PARTICIPANTS TO PROMOTE BUSINESS IN THE SOUTH TAMPA MARKET.

Program 3
Expenses: $16,199 Revenue: $25,708

BUSINESS OF THE YEAR AWARDS

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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 $361,837
Program Service Revenue $211,494
Investment Income $3,722
Other Revenue $0
TOTAL REVENUE $577,053

Expense Breakdown

Grants Paid $0
Salaries & Benefits $285,217
Fundraising Expenses $0
Program Expenses $161,274
Other Expenses $307,437
TOTAL EXPENSES $592,654

Year-over-Year Comparison

2023 2022 Change
Revenue $577,053 $536,648 +0.1%
Expenses $592,654 $652,769 -0.1%
Net Income $-15,601 $-116,121 -0.9%
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

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

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Governance

Voting Members
16
Independent Members
16
Employees
5
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
$96,808
Total Directors
16
$96,808
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELLY A FLANNERY PRESIDENT & CEO 40.00
Officer Director
$96,808 $0 $96,808
SHANE SMITH PHD CHAIR 4.00
Officer Director
$0 $0 $0
TARA MOODY CHAIR-ELECT 4.00
Officer Director
$0 $0 $0
REBEKAH NAULT IMMEDIATE PAST CHAIR 4.00
Officer Director
$0 $0 $0
JENNIFER MURPHY CONSULTING ATTORNEY 2.00
Officer Director
$0 $0 $0
CASSANDRA D'ADDIO TREASURER 4.00
Officer Director
$0 $0 $0
BLAKE GUTHRIE BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
CHRIS CHAMBERS BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
CRAIG BECKINGER BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
ELIZABETH MONTANTE BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
HEATHER DEGRAVE BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
MIKE JENKINS BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
OPAL HUDSON BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
SUE CHRZAN BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
TANYA CIELO BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
ZAHIRA LEHRI BOARD OF DIRECTORS 2.00
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 No data No data No data No data
2023 $577,053 $592,654 $169,860 $-15,601
2022 $536,648 $652,769 $202,541 $-116,121
2021 $502,467 $537,221 $302,015 $-34,754
2020 $426,157 $409,583 $341,582 $16,574
2019 $514,939 $461,122 $163,402 $53,817
2018 $410,075 $398,036 $109,885 $12,039
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