GROSSE POINTE CHAMBER OF COMMERCE … - 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

2006

Legal Domicile

Principal Officer

JENNIFER BOETTCHER

Phone

3138814722

Tax Period

2025-01-01 to 2025-12-31

GROSSE POINTE CHAMBER OF COMMERCE INC, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $370K in total revenue in fiscal year 2025. Expenses of $346K left a modest 6% surplus.

Mission

THE GROSSE POINTE CHAMBER OF COMMERCE PROMOTES BUSINESSES AND ENGAGES RESIDENTS TO CREATE A THRIVING COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $44,055

ALL OTHER EXPENSES INCURRED IN ORDER TO FULFILL THE PURPOSE OF THE GROSSE POINTE CHAMBER OF COMMERCE.

Program 2

THE ART FESTIVAL IS AN EVENT THAT PROMOTES THOSE IN THE COMMUNITY THAT ARE ARTISTIC FOR THE BENEFIT OF ENTIRE FAMILIES THAT LIVE IN THE GROSSE POINTES.

Program 3

THE ANNUAL MEETING OF THE GROSSE POINTE CHAMBER OF COMMERCE ENGAGES THE COMMUNITY BY RECOGNIZING BUSINESSES AND CITIZENS THAT HAVE ACTIVELY WORKED TO IMPROVE THE COMMUNITY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $194,234

Program Service Revenue $120,413

Investment Income $11,971

Other Revenue $43,256

TOTAL REVENUE $369,874

Expense Breakdown

Grants Paid $0

Salaries & Benefits $237,940

Fundraising Expenses $57,245

Program Expenses $139,017

Other Expenses $108,058

TOTAL EXPENSES $345,998

Year-over-Year Comparison

	2025	2024	Change
Revenue	$369,874	$368,356	+0.0%
Expenses	$345,998	$331,677	+0.0%
Net Income	$23,876	$36,679	-0.3%

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

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

$114,677

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIA MILLER	CHAIR	N/A	Officer	$0	$0	$0
JENNY BUDA	DIRECTOR	N/A	Director	$0	$0	$0
SHERI TESTANI	TREASURER	N/A	Officer	$0	$0	$0
KEITH BELLOVICH	DIRECTOR	N/A	Director	$0	$0	$0
LISA BRANCATO	DIRECTOR	N/A	Director	$0	$0	$0
TED EVERINGHAM	DIRECTOR	N/A	Director	$0	$0	$0
DENNIS KARIC	VICE CHAIR	N/A	Officer	$0	$0	$0
JIM BROSNAN	DIRECTOR	N/A	Director	$0	$0	$0
SEAN COTTON	DIRECTOR	N/A	Director	$0	$0	$0
DR ANDREA TUTTLE	DIRECTOR	N/A	Director	$0	$0	$0
LINDA ZUBLICK	SECRETARY	N/A	Officer	$0	$0	$0
ANNE GRYZENIA	DIRECTOR	N/A	Director	$0	$0	$0
VAN HAUSWIRTH	DIRECTOR	N/A	Director	$0	$0	$0
VALERIE KINDLE	DIRECTOR	N/A	Director	$0	$0	$0
BRIAN RUMOHR	DIRECTOR	N/A	Director	$0	$0	$0
JENNIFER BOETTCHER	PRESIDENT	40.00	Officer	$114,677	$0	$114,677

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	$369,874	$345,998	$205,823	$23,876
2024	$368,356	$331,677	$188,128	$36,679
2023	$319,342	$352,909	$151,361	$-33,567
2022	$192,967	$254,444	$179,183	$-61,477
2021	$239,359	$197,941	$254,231	$41,418
2020	$226,451	$214,479	$206,144	$11,972
2019	$244,723	$211,502	$199,251	$33,221

GROSSE POINTE CHAMBER OF COMMERCE INC