Palm Bay, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Palm Bay Area Chamber of Commerce Inc, founded in 1989, is a small nonprofit that reported $659K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $126K, a strong 19% operating margin.
To advance the general welfare and prosperity of the area so that its citizens and all areas of its business community shall prosper. All necessary means of promotion shall be provided with emphasis on the economic, civil, commercial, and educational interests of the area.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $659,094 | $520,310 | +0.3% |
| Expenses | $532,711 | $422,993 | +0.3% |
| Net Income | $126,383 | $97,317 | +0.3% |
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 |
|---|---|---|---|---|---|---|
| Nancy Peltonen | President | 40.00 |
Officer
|
$96,838 | $11,927 | $108,765 |
| Shelley Kuhn | Vice Chair | 1.00 |
Director
|
$0 | $0 | $0 |
| Holly Tanner | Immediate Past Chairwoman | 1.00 |
Director
|
$0 | $0 | $0 |
| Diana Miskow | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Joanne Stanley | Vice Chair | 1.00 |
Director
|
$0 | $0 | $0 |
| Joe Rowlette | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Clinton Hatcher | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jason Kolleda | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Tom Graver | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Shannon Procise | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Sean Williams | Vice Chair | 1.00 |
Director
|
$0 | $0 | $0 |
| Greg Quinones | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Christie Lynes | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Lisa Bolinger | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Cinthia Kettering | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Matt Passarella | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Rob Salonen | Ex Officio | 1.00 |
Director
|
$0 | $0 | $0 |
| Michele Murrell | Ex Officio | 1.00 |
Director
|
$0 | $0 | $0 |
| David Jones | Chairman | 4.00 |
Officer
|
$0 | $0 | $0 |
| Chari Rigby | Incoming Chairwoman | 4.00 |
Officer
|
$0 | $0 | $0 |
| Lakesha Burr | Secretary | 4.00 |
Officer
|
$0 | $0 | $0 |
| David Africano | Treasurer | 4.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $659,094 | $532,711 | $508,326 | $126,383 |
| 2023 | $520,310 | $422,993 | $385,197 | $97,317 |
| 2022 | $313,096 | $299,615 | $283,309 | $13,481 |
| 2021 | $386,569 | $300,619 | $271,485 | $85,950 |
| 2020 | $259,825 | $215,755 | $183,766 | $44,070 |
| 2019 | $268,096 | $237,107 | $139,380 | $30,989 |
| 2018 | $262,951 | $230,031 | $109,760 | $32,920 |
Compare Palm Bay Area Chamber of Commerce Inc with other nonprofits in Florida and across the country.