Greater Iberia Chamber of Commerce Inc

EIN: 720366308

New Iberia, LA

Total Revenue
$291,955
Total Expenses
$242,655
Total Assets
$488,761
Net Assets
$457,162
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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
1939
Legal Domicile
LA
Principal Officer
Shalee Landry
Phone
3373641836
Tax Period
2023-01-01 to 2023-12-31

Greater Iberia Chamber of Commerce Inc, founded in 1939, is a small nonprofit that reported $292K in total revenue in fiscal year 2023. The organization ran a surplus of $49K, a strong 17% operating margin.

Mission

A proactive and service-oriented organization committed to the prosperity of Iberia Parish.

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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 $214,258
Program Service Revenue $60,352
Investment Income $6,061
Other Revenue $11,284
TOTAL REVENUE $291,955

Expense Breakdown

Grants Paid $0
Salaries & Benefits $128,672
Fundraising Expenses $0
Other Expenses $113,983
TOTAL EXPENSES $242,655

Year-over-Year Comparison

2023 2022 Change
Revenue $291,955 $292,834 0.0%
Expenses $242,655 $231,561 +0.0%
Net Income $49,300 $61,273 -0.2%
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

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Governance

Voting Members
21
Independent Members
21
Employees
4
Volunteers
167

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
8
$45,770
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anthony Taylor Board Member 1.00
Director
$0 $0 $0
Karen Bashay Board Member 0.25
Director
$0 $0 $0
Dustin Romero Board Member 1.00
Director
$0 $0 $0
Robert Burke Board Member 0.75
Director
$0 $0 $0
Shalee Landry Treasurer 1.00
Officer Director
$0 $0 $0
Annie Bell Board Member 1.00
Director
$0 $0 $0
Mark Boyance Board Member 1.00
Director
$0 $0 $0
Kelsey Webb Board Member 1.00
Director
$0 $0 $0
Heidi Martin Board Member 1.00
Director
$0 $0 $0
Ben Lilley Second Chair 1.00
Officer Director
$0 $0 $0
Aaron LeLeux Board Member 1.00
Director
$0 $0 $0
Dionne Viator Board Member 1.00
Director
$0 $0 $0
Lennie Fields Immediate Past Chair 1.00
Officer Director
$0 $0 $0
Mark Delahoussaye Board Member 1.00
Director
$0 $0 $0
Rob Cowen Chairman 4.00
Officer Director
$0 $0 $0
Linda Horton First Chair 1.00
Officer Director
$0 $0 $0
Wendell Verret Board Member 1.00
Director
$0 $0 $0
Andree Schlicher Third Chair 1.00
Officer Director
$0 $0 $0
Martha Girouard Board Member 1.00
Director
$0 $0 $0
Maurice Songy Board Member 1.00
Director
$0 $0 $0
Janna LeBlanc Board Member 1.00
Director
$0 $0 $0
Thomas Falgout CEO 40.00
Officer
$43,270 $0 $43,270
Tasha Dugas CEO 40.00
Officer
$2,500 $0 $2,500
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 $291,955 $242,655 $488,761 $49,300
2022 $292,834 $231,561 $438,294 $61,273
2021 $325,314 $259,334 $377,039 $65,980
2020 $213,370 $243,907 $305,711 $-30,537
2019 $257,182 $250,948 $350,886 $6,234
2018 $245,928 $244,545 $339,684 $1,383
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