MIAMI-DADE CHAMBER OF COMMERCE INC

EIN: 596560023

MIAMI, FL

Total Revenue
$825,198
Total Expenses
$780,756
Total Assets
$1,277,866
Net Assets
$1,104,323
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
FL
Principal Officer
Gordon Eric Knowles
Phone
3057518648
Tax Period
2023-01-01 to 2023-12-31

MIAMI-DADE CHAMBER OF COMMERCE INC, founded in 1974, is a small nonprofit that reported $825K in total revenue in fiscal year 2023. Expenses of $781K left a modest 5% surplus.

Mission

The Miami-Dade Chamber of Commerce create opportunities for economic and social transformation in our community. The Chamber drives economic growth by focusing on two key areas: Entrepreneurial development and Public policy.

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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 $472,145
Program Service Revenue $35,803
Investment Income $0
Other Revenue $317,250
TOTAL REVENUE $825,198

Expense Breakdown

Grants Paid $0
Salaries & Benefits $667,316
Fundraising Expenses $0
Program Expenses $321,292
Other Expenses $113,440
TOTAL EXPENSES $780,756

Year-over-Year Comparison

2023 2022 Change
Revenue $825,198 $829,177 0.0%
Expenses $780,756 $712,431 +0.1%
Net Income $44,442 $116,746 -0.6%
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
12
Independent Members
12
Employees
6
Volunteers
15

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
2
$331,572
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lynda V Harris Board Chairwoman 2.50
Director
$0 $0 $0
Jean G Belizaire Board Treasurer 2.50
Director
$0 $0 $0
Jeff Lozama Immediate Past Board Chairman 2.50
Director
$0 $0 $0
Ann McNeill Parliamentarian 2.50
Director
$0 $0 $0
Baldwyn Rodriguez English Jr Board Chairman-Elect 2.50
Director
$0 $0 $0
Connie W Kinnard Board Secretary 2.50
Director
$0 $0 $0
Basil A Binns II Board Member 2.50
Director
$0 $0 $0
Lindsay Collazo Board Member 2.50
Director
$0 $0 $0
Jaffus Hardrick Board Member 2.50
Director
$0 $0 $0
Kevin V Michael Board Member 2.50
Director
$0 $0 $0
Donard St Jean Board Member 2.50
Director
$0 $0 $0
Yvonne Rose Board Member 2.50
Director
$0 $0 $0
Gordon Eric Knowles President CEO 40.00
Officer
$192,803 $0 $192,803
Beverly James Finance Director 40.00
Officer
$138,769 $0 $138,769
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 $825,198 $780,756 $1,277,866 $44,442
2022 $829,177 $712,431 $1,246,728 $116,746
2021 $813,025 $595,785 $1,151,399 $217,240
2020 $774,060 $778,184 $1,006,841 $-4,124
2019 $997,379 $833,092 $805,621 $164,287
2018 $825,451 $758,327 $609,490 $67,124
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