CHAMBER OF COMMERCE OF ALEXANDER C… - Form 990 Financial Data

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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

1910

Principal Officer

STEVEN ROBINSON

Phone

2562343461

Tax Period

2024-01-01 to 2024-12-31

CHAMBER OF COMMERCE OF ALEXANDER CITY, founded in 1910, is a small nonprofit that reported $596K in total revenue in fiscal year 2024. Expenses of $545K left a modest 9% surplus.

Mission

TO PROMOTE THE CITY OF ALEXANDER CITY AND THE LAKE MARTIN AREA

Program Service Accomplishments

Program 1

Expenses: $380,809

THE ORGANIZATION PROMOTES ALEXANDER CITY AND THE LAKE MARTIN AREA BY SPONSORING SEVERAL EVENTS AS WELL AS PROVIDING INFORMATION FOR TOURISTS, BUSINESSES, AND NEW RESIDENTS

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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 $134,500

Program Service Revenue $461,668

Investment Income $0

Other Revenue $0

TOTAL REVENUE $596,168

Expense Breakdown

Grants Paid $0

Salaries & Benefits $285,771

Fundraising Expenses $0

Program Expenses $380,809

Other Expenses $259,458

TOTAL EXPENSES $545,229

Year-over-Year Comparison

	2024	2023	Change
Revenue	$596,168	$586,489	+0.0%
Expenses	$545,229	$608,746	-0.1%
Net Income	$50,939	$-22,257	-3.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WOODY BAIRD	DIRECTOR	N/A	Director	$0	$0	$0
SHERI BATES	DIRECTOR	N/A	Director	$0	$0	$0
BRIAN BICE	DIRECTOR	N/A	Director	$0	$0	$0
LACEY CARLISLE	DIRECTOR	N/A	Director	$0	$0	$0
CHAD CARTER	DIRECTOR	N/A	Director	$0	$0	$0
ROBBIE HAYNIE	DIRECTOR	N/A	Director	$0	$0	$0
TIPPY HUNTER	DIRECTOR	N/A	Director	$0	$0	$0
AMANDA LUKER	EXECUTIVE BO	N/A	Officer Director	$0	$0	$0
JEFF LYNN	DIRECTOR	N/A	Director	$0	$0	$0
TYLER MITCHELL	EXECUTIVE BO	N/A	Officer Director	$0	$0	$0
JOE MOULTRIE	DIRECTOR	N/A	Director	$0	$0	$0
LOIS ANN MURPHREE	EXECUTIVE BO	N/A	Officer Director	$0	$0	$0
ED OLIVER	DIRECTOR	N/A	Director	$0	$0	$0
MICHAEL PARKER	DIRECTOR	N/A	Director	$0	$0	$0
JOSE REYES	DIRECTOR	N/A	Director	$0	$0	$0
KAYLA SEYMORE	DIRECTOR	N/A	Director	$0	$0	$0
KEVIN SPEAKS	EXECUTIVE BO	N/A	Officer Director	$0	$0	$0
DAROLD STERLING	DIRECTOR	N/A	Director	$0	$0	$0
DENISE WALLS	DIRECTOR	N/A	Director	$0	$0	$0
MICHELLE WEST	DIRECTOR	N/A	Director	$0	$0	$0
HOLLY WILLIAMS	DIRECTOR	N/A	Director	$0	$0	$0
DANIEL YATES	DIRECTOR	N/A	Director	$0	$0	$0
STEVEN ROBINSON	PRESIDENT/CE	N/A	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
2024	$596,168	$545,229	$153,817	$50,939
2023	$586,489	$608,746	$133,249	$-22,257
2022	$562,263	$576,773	$100,541	$-14,510
2021	$499,191	$577,168	$127,537	$-77,977
2020	$779,721	$616,907	$354,250	$162,814
2019	$583,356	$590,157	$260,946	$-6,801
2018	$584,778	$841,110	$251,425	$-256,332

CHAMBER OF COMMERCE OF ALEXANDER CITY