RUTHERFORD COUNTY CHAMBER OF COMMERCE (EIN 620302540) - Form 990 Financial Analysis & Trantor Score

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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

Tax Period

2024-01-01 to 2024-12-31

RUTHERFORD COUNTY CHAMBER OF COMMERCE is a community nonprofit that reported $4.2M in total revenue in fiscal year 2024. Expenses of $4.1M left a modest 3% surplus.

Mission

COMMUNITY AND BUSINESS DEVELOPMENT

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,634,621

Program Service Revenue $1,137,463

Investment Income $348,960

Other Revenue $88,196

TOTAL REVENUE $4,209,240

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,834,266

Fundraising Expenses $0

Program Expenses $3,142,869

Other Expenses $2,232,387

TOTAL EXPENSES $4,066,653

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,209,240	$4,088,560	+0.0%
Expenses	$4,066,653	$3,671,034	+0.1%
Net Income	$142,587	$417,526	-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

Governance

Voting Members

Independent Members

Employees

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

$263,347

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL LATTURE	President	40.00	Officer	$263,347	$0	$263,347
PATRICK CAMMACK	ECONOMIC DEV	40.00		$137,121	$0	$137,121
STEPHANIE BRACKMAN	CHIEF OPER OFFICER	40.00		$125,306	$0	$125,306
GREG JONES	SR VP WORKFORCE	40.00		$111,395	$0	$111,395
FRED HOWELL	Chairman	1.00	Officer Director	$0	$0	$0
KENT AYER	chair elect	1.00	Officer Director	$0	$0	$0
DAVID JOHNSON	Director	1.00	Director	$0	$0	$0
THOMAS BROEKER	Director	1.00	Director	$0	$0	$0
SHERI MORGAN	Director	1.00	Director	$0	$0	$0
TERRY SMITH	Director	1.00	Director	$0	$0	$0
JOE BALES	Director	1.00	Director	$0	$0	$0
THOMAS LAIRD	Director	1.00	Director	$0	$0	$0
GORDON FERGUSON	Director	1.00	Director	$0	$0	$0
PATRICK WADE	Director	1.00	Director	$0	$0	$0
BRIAN HERCULES	Director	1.00	Director	$0	$0	$0
LORI CUTLER	Director	1.00	Director	$0	$0	$0
JASON SURRATT	Director	1.00	Director	$0	$0	$0
CANNON LOUGHRY	Director	1.00	Director	$0	$0	$0
JAMIE REED	Director	1.00	Director	$0	$0	$0
KRISTIN JACKSON	Treasurer	1.00	Officer Director	$0	$0	$0
WARREN RUSSELL	Director	1.00	Director	$0	$0	$0
BARBARA WOLKE	VP CONV BUREAU	40.00		$0	$0	$0
KAITLIN SALYER	DIR OF TALENT	40.00		$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
2024	$4,209,240	$4,066,653	$12,122,840	$142,587
2023	$4,088,560	$3,671,034	$11,749,327	$417,526
2022	$5,698,946	$3,250,657	$11,115,420	$2,448,289
2021	$3,342,621	$2,690,265	$8,658,825	$652,356
2020	$2,753,189	$2,716,255	$7,934,044	$36,934
2019	$3,419,282	$3,640,078	$7,975,544	$-220,796
2018	$3,475,877	$3,386,401	$8,148,580	$89,476

RUTHERFORD COUNTY CHAMBER OF COMMERCE