SHREVEPORT CHAMBER OF COMMERCE

EIN: 720315700

SHREVEPORT, LA

Total Revenue
$2,323,852
Total Expenses
$1,532,698
Total Assets
$8,466,652
Net Assets
$8,133,296
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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
Legal Domicile
LA
Principal Officer
TIMOTHY J MAGNER
Phone
3186772527
Tax Period
2023-01-01 to 2023-12-31

SHREVEPORT CHAMBER OF COMMERCE, founded in 1910, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2023. Revenue fell 55% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $791K, a strong 34% operating margin.

Mission

SHREVEPORT CHAMBER OF COMMERCE PROVIDES VARIOUS PROJECTS THOUGHOUT THE YEAR FOR CHAMBER MEMBERS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $673,339
Program Service Revenue $738,295
Investment Income $829,962
Other Revenue $82,256
TOTAL REVENUE $2,323,852

Expense Breakdown

Grants Paid $0
Salaries & Benefits $961,072
Fundraising Expenses $0
Program Expenses $700,177
Other Expenses $571,626
TOTAL EXPENSES $1,532,698

Year-over-Year Comparison

2023 2022 Change
Revenue $2,323,852 $5,120,507 -0.5%
Expenses $1,532,698 $1,463,392 +0.0%
Net Income $791,154 $3,657,115 -0.8%
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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Governance

Voting Members
27
Independent Members
27
Employees
10
Volunteers
67

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
0
$0
Total Directors
28
$200,340
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY J MAGNER PRESIDENT 40.00
Director
$185,500 $14,840 $200,340
DAVID ALEXANDER MEMBER N/A
Director
$0 $0 $0
GABRIEL BALDERAS MEMBER N/A
Director
$0 $0 $0
LINDA BIERNACKI MEMBER N/A
Director
$0 $0 $0
MICHAEL CORBIN CHAIRMAN-ELE N/A
Director
$0 $0 $0
ANDREW CRAIG MEMBER N/A
Director
$0 $0 $0
BRIAN CRAWFORD MEMBER N/A
Director
$0 $0 $0
ROBERT CRAWFORD MEMBER N/A
Director
$0 $0 $0
LIZ CREWS MEMBER N/A
Director
$0 $0 $0
DELORES DAVENPORT MEMBER N/A
Director
$0 $0 $0
RICKEY HALL MEMBER N/A
Director
$0 $0 $0
CHARLES JOHNSON MEMBER N/A
Director
$0 $0 $0
WILLIAM C BRADFORD JR VC PUBLIC PO N/A
Director
$0 $0 $0
JULIE LESSITER VC EDUCATION N/A
Director
$0 $0 $0
JEREMY K MOORE VC MARKETING N/A
Director
$0 $0 $0
TERRY E MOORE MEMBER N/A
Director
$0 $0 $0
FRANCESCA MORELAND IMMEDIATE PA N/A
Director
$0 $0 $0
HILTON NICHOLSON MEMBER N/A
Director
$0 $0 $0
GRANT NUCKOLLS MEMBER N/A
Director
$0 $0 $0
ROBERT POU MEMBER N/A
Director
$0 $0 $0
ROY PRESTWOOD BOARD CHAIRM N/A
Director
$0 $0 $0
JIM SHOCKLEY MEMBER N/A
Director
$0 $0 $0
TOM SIMMS TREASURER N/A
Director
$0 $0 $0
GEORGE SIRVEN MEMBER N/A
Director
$0 $0 $0
DAVID R SMITH VC ECONOMIC N/A
Director
$0 $0 $0
JASON D SMITH MEMBER N/A
Director
$0 $0 $0
MARK SNOW MEMBER N/A
Director
$0 $0 $0
SCOTT WARD VC MEMBERSHI 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 $2,323,852 $1,532,698 $8,466,652 $791,154
2022 $5,120,507 $1,463,392 $7,490,588 $3,657,115
2021 $1,492,864 $1,191,142 $3,805,849 $301,722
2020 $1,103,047 $974,964 $3,504,090 $128,083
2019 $1,267,490 $1,214,840 $3,247,534 $52,650
2018 $1,247,869 $1,359,304 $3,211,776 $-111,435
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