MIDWEST CITY CHAMBER OF COMMERCE

EIN: 730564140

MIDWEST CITY, OK

Total Revenue
$509,787
Total Expenses
$540,553
Total Assets
$618,690
Net Assets
$618,690
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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
1947
Legal Domicile
OK
Principal Officer
KYLE ALLISON
Phone
4057333801
Tax Period
2023-01-01 to 2023-12-31

MIDWEST CITY CHAMBER OF COMMERCE, founded in 1947, is a small nonprofit that reported $510K in total revenue in fiscal year 2023. Revenue surged 80% from the prior year, signaling strong growth momentum.

Mission

TO CREATE AND MAINTAIN A FAVORABLE BUSINESS CLIMATE WITHIN 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $117,062
Program Service Revenue $170,629
Investment Income $2,609
Other Revenue $219,487
TOTAL REVENUE $509,787

Expense Breakdown

Grants Paid $0
Salaries & Benefits $250,614
Fundraising Expenses $0
Other Expenses $289,939
TOTAL EXPENSES $540,553

Year-over-Year Comparison

2023 2022 Change
Revenue $509,787 $283,620 +0.8%
Expenses $540,553 $503,617 +0.1%
Net Income $-30,766 $-219,997 -0.9%
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
19
Independent Members
19
Employees
4
Volunteers
750

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
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLEE ADAMS MEMBER-AT-LA N/A
Officer Director
$0 $0 $0
KYLE ALLISON CHAIRMAN N/A
Officer Director
$0 $0 $0
JOEL BAIN DIRECTOR N/A
Director
$0 $0 $0
PATRICIA BEEDLE DIRECTOR N/A
Director
$0 $0 $0
CRYSTAL BENNETT DIRECTOR N/A
Director
$0 $0 $0
BILLY COX DIRECTOR N/A
Director
$0 $0 $0
ED DANIEL DIRECTOR N/A
Director
$0 $0 $0
JAN DAVIS DIRECTOR/TRE N/A
Officer Director
$0 $0 $0
CLAY FRANKLIN PAST CHAIRMA N/A
Officer Director
$0 $0 $0
JACOB HUSSAIN DIRECTOR N/A
Director
$0 $0 $0
MIKE KLOIBER MEMBER-AT-LA N/A
Officer Director
$0 $0 $0
SAMANTHA MAREZ-HILL DIRECTOR N/A
Director
$0 $0 $0
CINDY MIKEMAN CHAIRWOMAN-E N/A
Officer Director
$0 $0 $0
LISA NEWPORT DIRECTOR N/A
Director
$0 $0 $0
ERIN OLLER DIRECTOR N/A
Director
$0 $0 $0
JACLYNN PYLE DIRECTOR N/A
Director
$0 $0 $0
TREY SWAN DIRECTOR N/A
Director
$0 $0 $0
JULIE WADDLE MEMBER-AT-LA N/A
Officer Director
$0 $0 $0
STACY WILLARD DIRECTOR N/A
Director
$0 $0 $0
SHAINA BENNETT EXECUTIVE DI 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 No data No data No data No data
2023 $509,787 $540,553 $618,690 $-30,766
2022 $283,620 $503,617 $649,456 $-219,997
2021 $576,566 $500,282 $869,453 $76,284
2020 $283,299 $407,064 $797,284 $-123,765
2019 $529,999 $423,653 $921,049 $106,346
2018 $427,862 $436,382 $814,703 $-8,520
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