SELMA & DALLAS COUNTY CHAMBER OF COMMERCE (EIN 630039390) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1858

Legal Domicile

Principal Officer

SHERYL SMEDLEY

Phone

3348757241

Tax Period

2023-01-01 to 2023-12-31

SELMA & DALLAS COUNTY CHAMBER OF COMMERCE, founded in 1858, is a small nonprofit that reported $205K in total revenue in fiscal year 2018.

Mission

TO PROMOTE ECONOMIC DEVELOPMENT AND TOURISM, AS WELL AS ASSIST EXISTING BUSINESS EXPANSION AND IMPROVEMENT.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $154,575

Program Service Revenue $0

Investment Income $1,937

Other Revenue $9,221

TOTAL REVENUE $165,733

Expense Breakdown

Grants Paid $0

Salaries & Benefits $119,384

Fundraising Expenses $0

Program Expenses $145,229

Other Expenses $67,535

TOTAL EXPENSES $186,919

Year-over-Year Comparison

	2023	2022	Change
Revenue	$165,733	$186,741	-0.1%
Expenses	$186,919	$166,680	+0.1%
Net Income	$-21,186	$20,061	-2.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOMEKO L MCPHILLIPS	PAST CHAIRMA	N/A	Officer Director	$0	$0	$0
ARTHUR MCLEAN	CHAIRMAN	N/A	Officer Director	$0	$0	$0
JEFF HARRISON	FINANCE	N/A	Officer Director	$0	$0	$0
JIMMIE COLEMAN III	TOURISM	N/A	Officer Director	$0	$0	$0
MEGAN AUSTIN	MEMBERSHIP	N/A	Officer Director	$0	$0	$0
JACKIE SMITH	CHAIR-ELECT	N/A	Officer Director	$0	$0	$0
JAMES CORRIGAN	DIRECTOR	N/A	Director	$0	$0	$0
EMILY HANCOCK	DIRECTOR	N/A	Director	$0	$0	$0
RONNIE LEET	DIRECTOR	N/A	Director	$0	$0	$0
BUDDY PERKINS	DIRECTOR	N/A	Director	$0	$0	$0
KESHEE DOZIER-SMITH	DIRECTOR	N/A	Director	$0	$0	$0
KEITH DISMUKES	DIRECTOR	N/A	Director	$0	$0	$0
JUDY MCKINNEY	DIRECTOR	N/A	Director	$0	$0	$0
SARAH AGHEDO	DIRECTOR	N/A	Director	$0	$0	$0
ANNIE B BLEVINS	DIRECTOR	N/A	Director	$0	$0	$0
PAMELA HUGHEY	DIRECTOR	N/A	Director	$0	$0	$0
JAY MINTER	DIRECTOR	N/A	Director	$0	$0	$0
JEWELL WILLIAMSON	DIRECTOR	N/A	Officer Director	$0	$0	$0
WAYNE MIDDLEBROOKS	DIRECTOR	N/A	Director	$0	$0	$0
BETTY MILLER	DIRECTOR	N/A	Director	$0	$0	$0
LASHAUNA TAYLOR	DIRECTOR	N/A	Director	$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	No data	No data	No data	No data
2023	$165,733	$186,919	$122,468	$-21,186
2022	$186,741	$166,680	$142,779	$20,061
2021	$183,521	$167,779	$123,953	$15,742
2020	$192,035	$162,628	$107,847	$29,407
2019	$197,997	$181,461	$77,680	$16,536
2018	$204,981	$203,672	$60,573	$1,309

SELMA & DALLAS COUNTY CHAMBER OF COMMERCE