FLORIDA CHAMBER OF COMMERCE FOUNDATION INC

EIN: 596209605 501(c)(3)

TALLAHASSEE, FL

Total Revenue
$3,582,322
Total Expenses
$2,658,885
Total Assets
$11,996,121
Net Assets
$11,306,033
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
FL
Principal Officer
MARK WILSON
Phone
8505211261
Tax Period
2023-11-01 to 2024-10-31

FLORIDA CHAMBER OF COMMERCE FOUNDATION INC, founded in 1968, is a community nonprofit that reported $3.6M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $923K, a strong 26% operating margin.

Mission

WORKING IN PARTNERSHIP WITH STATE BUSINESS LEADERS TO SECURE FLORIDA'S FUTURE.

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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 $2,615,859
Program Service Revenue $730,579
Investment Income $166,508
Other Revenue $69,376
TOTAL REVENUE $3,582,322

Expense Breakdown

Grants Paid $81
Salaries & Benefits $1,582,691
Fundraising Expenses $240,945
Program Expenses $2,177,520
Other Expenses $1,076,113
TOTAL EXPENSES $2,658,885

Year-over-Year Comparison

2023 2022 Change
Revenue $3,582,322 $4,383,537 -0.2%
Expenses $2,658,885 $2,460,081 +0.1%
Net Income $923,437 $1,923,456 -0.5%
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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Governance

Voting Members
70
Independent Members
68
Employees
10
Volunteers
68

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
3
$1,640,362
Total Directors
70
$1,344,215
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAWN BELAMARICH DIRECTOR 1.00
Director
$0 $0 $0
STACEY BRANDT DIRECTOR 1.00
Director
$0 $0 $0
GREG BRITTON DIRECTOR 1.00
Director
$0 $0 $0
BILL CARLSON DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER CARMODY DIRECTOR 1.00
Director
$0 $0 $0
KEVIN CARR DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE CAUFFIELD DIRECTOR 1.00
Director
$0 $0 $0
ALLISON CHASE DIRECTOR 1.00
Director
$0 $0 $0
MARK GLICKMAN DIRECTOR 1.00
Director
$0 $0 $0
BRAULIO COLON DIRECTOR 1.00
Director
$0 $0 $0
DOUG DAVIDSON DIRECTOR 2.00
Director
$0 $0 $0
MARGARET DEASON-COUGHLIN DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY DIETZ DIRECTOR 1.00
Director
$0 $0 $0
RYAN DUFFY DIRECTOR 1.00
Director
$0 $0 $0
ANGELA FALCONETTI DIRECTOR 1.00
Director
$0 $0 $0
NICOLE GISLASON DIRECTOR 1.00
Director
$0 $0 $0
ELISHA GONZALEZ DIRECTOR 1.00
Director
$0 $0 $0
JASON HARRELL DIRECTOR 1.00
Director
$0 $0 $0
JOE ANNE HART DIRECTOR 1.00
Director
$0 $0 $0
ERICK HAWKINS DIRECTOR 1.00
Director
$0 $0 $0
KENT INGLE DIRECTOR 1.00
Director
$0 $0 $0
DANIELLE IVERSON DIRECTOR 1.00
Director
$0 $0 $0
DAVID JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
JEFF JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
RICH KILLION DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER KING DIRECTOR 1.00
Director
$0 $0 $0
PHILLIP LANHAM DIRECTOR 1.00
Director
$0 $0 $0
ROBERT LONG DIRECTOR 1.00
Director
$0 $0 $0
CARLOS MALLOL DIRECTOR 1.00
Director
$0 $0 $0
SCOTT MAURO DIRECTOR 1.00
Director
$0 $0 $0
BETHANY MCALISTER DIRECTOR 1.00
Director
$0 $0 $0
NICOLE MCMURRAY DIRECTOR 1.00
Director
$0 $0 $0
JIM MURDAUGH DIRECTOR 1.00
Director
$0 $0 $0
DAVID NORTON DIRECTOR 1.00
Director
$0 $0 $0
CYNTHIA O'CONNELL DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN PLINSKE DIRECTOR 1.00
Director
$0 $0 $0
PHIL POEKERT DIRECTOR 1.00
Director
$0 $0 $0
MEL PONDER DIRECTOR 1.00
Director
$0 $0 $0
TODD POWELL DIRECTOR 2.00
Director
$0 $0 $0
ASHLEY PRATT DIRECTOR 1.00
Director
$0 $0 $0
CHAD LOAR DIRECTOR 1.00
Director
$0 $0 $0
CASEY REED DIRECTOR 1.00
Director
$0 $0 $0
ERIN SMELTZER DIRECTOR 1.00
Director
$0 $0 $0
NADINE SMITH DIRECTOR 1.00
Director
$0 $0 $0
PAUL SOHL DIRECTOR 1.00
Director
$0 $0 $0
BOB SWINDELL DIRECTOR 1.00
Director
$0 $0 $0
MADELEINE THAKUR DIRECTOR 1.00
Director
$0 $0 $0
AYSEGUL TIMUR DIRECTOR 1.00
Director
$0 $0 $0
ANDY WATTS DIRECTOR 1.00
Director
$0 $0 $0
CASEY WELCH DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE HAMILTON DIRECTOR 1.00
Director
$0 $0 $0
DANIELLE GETTY DIRECTOR 1.00
Director
$0 $0 $0
DAN HURTADO DIRECTOR 1.00
Director
$0 $0 $0
CHRIS FLACK DIRECTOR 1.00
Director
$0 $0 $0
STACY BAIER DIRECTOR 1.00
Director
$0 $0 $0
MARLENE SPALTEN DIRECTOR 1.00
Director
$0 $0 $0
KATE WILSON DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN WALTER DIRECTOR 1.00
Director
$0 $0 $0
DWAINE STEVENS DIRECTOR 1.00
Director
$0 $0 $0
DAVE SWEENEY DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE D SMITH DIRECTOR 1.00
Director
$0 $0 $0
ANGELICA SANTIBANEZ DIRECTOR 1.00
Director
$0 $0 $0
CARY PUTRINO DIRECTOR 1.00
Director
$0 $0 $0
DAVID ODAHOWSKI DIRECTOR 1.00
Director
$0 $0 $0
KAREN MOORE DIRECTOR 2.00
Director
$0 $0 $0
MIA MCKOWN DIRECTOR 1.00
Director
$0 $0 $0
DON KISELEWSKI DIRECTOR 1.00
Director
$0 $0 $0
ADRIENNE JOHNSTON DIRECTOR 1.00
Director
$0 $0 $0
MARK WILSON PRESIDENT & CEO 5.00
Officer Director
$0 $62,299 $858,018
CATHERINE YEUTTER CFO/COO 5.00
Officer Director
$0 $55,064 $486,197
FRANK WALKER EVP GOVERNMENT RELATIONS & POLTICAL ACTION 5.00
Officer
$0 $44,410 $296,147
KYLE BALTACH EVP FOUNDATION - FORMER 40.00
$141,384 $21,130 $162,514
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 $3,582,322 $2,658,885 $11,996,121 $923,437
2023 $4,383,537 $2,460,081 $9,641,721 $1,923,456
2022 $4,444,150 $2,476,858 $7,586,152 $1,967,292
2021 $2,448,122 $1,767,592 $7,530,377 $680,530
2020 $1,711,696 $1,297,450 $5,610,971 $414,246
2019 $1,930,619 $1,876,928 $5,083,201 $53,691
2018 $2,199,367 $2,209,189 $4,706,779 $-9,822
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