BEREA CHAMBER OF COMMERCE INC

EIN: 610902537

BEREA, KY

Total Revenue
$224,678
Total Expenses
$237,957
Total Assets
$146,270
Net Assets
$145,416
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Principal Officer
ETHAN LAKE
Phone
8599869760
Tax Period
2025-01-01 to 2025-12-31

BEREA CHAMBER OF COMMERCE INC is a small nonprofit that reported $225K in total revenue in fiscal year 2025. Revenue surged 40% from the prior year, signaling strong growth momentum.

Mission

ORGANIZATION EXISTS TO BENEFIT MEMBERS THROUGH EDUCATION, DEVELOPMENT AND SUPPORT OF THE ECONOMIC DEVELOPMENT OF THE GENERAL MEMBERSHIP'S COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $40,895
Program Service Revenue $183,211
Investment Income $572
Other Revenue $0
TOTAL REVENUE $224,678

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $237,957
TOTAL EXPENSES $237,957

Year-over-Year Comparison

2025 2024 Change
Revenue $224,678 $160,351 +0.4%
Expenses $237,957 $189,514 +0.3%
Net Income $-13,279 $-29,163 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
18
Independent Members
18
Employees
1
Volunteers
N/A

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
18
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHANIE ANGLIN SECRETARY 1.00
Officer Director
$0 $0 $0
ETHAN LAKE PRESIDENT 1.00
Officer Director
$0 $0 $0
GREG POWELL VICE PRESIDE 1.00
Officer Director
$0 $0 $0
KIM RICHARDS VICE PRESIDE 1.00
Officer Director
$0 $0 $0
SHELLEY WOLFE TREASURER 1.00
Officer Director
$0 $0 $0
DONNA ANGEL OFFICER 1.00
Officer
$0 $0 $0
DALE BALLINGER OFFICER 1.00
Officer
$0 $0 $0
TREY BOGGS OFFICER 1.00
Officer
$0 $0 $0
JACOB CARTER OFFICER 1.00
Officer
$0 $0 $0
FALLON CHAMBERS OFFICER 1.00
Officer
$0 $0 $0
ABBYE CROWE OFFICER 1.00
Officer
$0 $0 $0
KATE FRANKLIN OFFICER 1.00
Officer
$0 $0 $0
DR DIANE HATCHETT OFFICER 1.00
Officer
$0 $0 $0
DANNY MILLER OFFICER 1.00
Officer
$0 $0 $0
RANDY NEELEY OFFICER 1.00
Officer
$0 $0 $0
CHASE RIDDLE OFFICER 1.00
Officer
$0 $0 $0
VELMA TOOD OFFICER 1.00
Officer
$0 $0 $0
TIM WHITE OFFICER 1.00
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 $224,678 $237,957 $146,270 $-13,279
2024 No data No data No data No data
2023 $205,468 $158,644 $187,858 $46,824
2019 $225,182 $213,403 $81,155 $11,779
2019 $230,682 $213,403 $86,655 $17,279
2018 $200,093 $208,108 $47,058 $-8,015
Explore More Nonprofits
Top 100 Nonprofits in Kentucky Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BEREA CHAMBER OF COMMERCE INC with other nonprofits in Kentucky and across the country.