HOPKINS COUNTY REGIONAL CHAMBER OF COMMERCE

EIN: 610561820

MADISONVILLE, KY

Total Revenue
$227,045
Total Expenses
$246,305
Total Assets
$246,210
Net Assets
$184,197
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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
1928
Legal Domicile
KY
Principal Officer
LISA MILLER
Phone
2708213435
Tax Period
2025-01-01 to 2025-12-31

HOPKINS COUNTY REGIONAL CHAMBER OF COMMERCE, founded in 1928, is a small nonprofit that reported $227K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year.

Mission

TO PROVIDE SERVICES TO BUSINESSES AND INDIVIDUALS IN THE LOCAL COMMUNITY IN AN EFFORT TO PROMOTE BUSINESS AND ECONOMIC DEVELOPMENT IN THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $22,230 Revenue: $14,320

SPONSOR AN ANNUAL BANQUET AND A FARM CITY BREAKFAST TO RECOGNIZE OUTSTANDING LEADERS IN THE BUSINESS, GOVERNMENT, HEALTHCARE, AND AGRICULTURAL FIELDS. THESE ACTIVITIES PROVIDE AN OPPORTUNITY FOR THE...

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SPONSOR AN ANNUAL BANQUET AND A FARM CITY BREAKFAST TO RECOGNIZE OUTSTANDING LEADERS IN THE BUSINESS, GOVERNMENT, HEALTHCARE, AND AGRICULTURAL FIELDS. THESE ACTIVITIES PROVIDE AN OPPORTUNITY FOR THE ENTIRE COMMUNITY TO NETWORK AND PROMOTE ECONOMIC GROWTH.

Program 2
Expenses: $89,149 Revenue: $137,548

SPONSOR VARIOUS ACTIVIES THROUGHOUT THE YEAR TO PROMOTE NETWORKING WITHIN THE BUSINESSES AND THE COMMUNITY. THESE ACTIVITIES ALSO HIGHLIGHT NEW AND EXISTING BUSINESSES TO THE COMMUNITY.

Program 3
Expenses: $27,809 Revenue: $16,317

SPONSOR A LEADERSHIP PROGRAM TO THE COMMUNITY TO HELP TRAIN FUTURE COMMUNITY LEADERS. APPROXIMATELY TWENTY PARTICIPANTS ARE SELECTED FOR EACH CLASS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $211,169
Investment Income $1,872
Other Revenue $14,004
TOTAL REVENUE $227,045

Expense Breakdown

Grants Paid $0
Salaries & Benefits $111,875
Fundraising Expenses $0
Program Expenses $169,014
Other Expenses $134,430
TOTAL EXPENSES $246,305

Year-over-Year Comparison

2025 2024 Change
Revenue $227,045 $244,203 -0.1%
Expenses $246,305 $304,607 -0.2%
Net Income $-19,260 $-60,404 -0.7%
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
17
Independent Members
17
Employees
3
Volunteers
85

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
7
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRANDI BALDWIN DIRECTOR 3.00
Director
$0 $0 $0
TRAVIS BEARDEN DIRECTOR 3.00
Director
$0 $0 $0
ANDY BELCHER COMMUNITY DE 3.00
Officer Director
$0 $0 $0
LYLE CROUCH CHAIR 3.00
Officer Director
$0 $0 $0
WENDY GAMBLIN DIRECTOR 3.00
Director
$0 $0 $0
ED HEATH DIRECTOR 3.00
Director
$0 $0 $0
CINDY KELLEY DIRECTOR 3.00
Director
$0 $0 $0
KATY MCGLOTHLIN PAST CHAIR 3.00
Officer Director
$0 $0 $0
BROOKE MILLER DIRECTOR 3.00
Director
$0 $0 $0
TRICIA NOEL DIRECTOR 3.00
Director
$0 $0 $0
KRISTY QUINN DIRECTOR 3.00
Director
$0 $0 $0
SARA SPENCER PUBLIC DIREC 3.00
Officer Director
$0 $0 $0
MELANIE TAPP MEMBERSHIP 3.00
Officer Director
$0 $0 $0
DEVI THORP DIRECTOR 3.00
Director
$0 $0 $0
DANIEL WAGNER TREASURER 3.00
Officer Director
$0 $0 $0
WADE WILLIAMS DIRECTOR 3.00
Director
$0 $0 $0
LISA MILLER PRESIDENT 40.00
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
2025 $227,045 $246,305 $246,210 $-19,260
2024 No data No data No data No data
2023 $362,031 $356,187 $338,603 $5,844
2022 $336,512 $358,112 $363,699 $-21,600
2021 $269,263 $259,597 $375,238 $9,666
2020 $232,772 $205,458 $375,753 $27,314
2019 $249,334 $246,166 $345,672 $3,168
2018 $252,467 $197,714 $357,501 $54,753
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