Mustang Chamber of Commerce

EIN: 731113133

Mustang, OK

Total Revenue
$266,024
Total Expenses
$250,524
Total Assets
$401,250
Net Assets
$376,405
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
OK
Phone
4053762758
Tax Period
2024-06-01 to 2025-05-31

Mustang Chamber of Commerce, founded in 1981, is a small nonprofit that reported $266K in total revenue in fiscal year 2024. Expenses of $251K left a modest 6% surplus.

Mission

The purpose of the organization is the advancement of the civic, commercial, industrial and agricultural interests of the city of Mustang and the surrounding area; the promotion of the general welfare and the prosperity of the city, county and its surrounding area.

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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 (2024)

Revenue Breakdown

Contributions & Grants $102,043
Program Service Revenue $157,788
Investment Income $2,132
Other Revenue $4,061
TOTAL REVENUE $266,024

Expense Breakdown

Grants Paid $0
Salaries & Benefits $129,503
Fundraising Expenses $0
Program Expenses $69,173
Other Expenses $121,021
TOTAL EXPENSES $250,524

Year-over-Year Comparison

2024 2023 Change
Revenue $266,024 $278,768 0.0%
Expenses $250,524 $254,966 0.0%
Net Income $15,500 $23,802 -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

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Governance

Voting Members
15
Independent Members
15
Employees
3
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
4
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lori Hicks Board member 1.00
Director
$0 $0 $0
James Klipstine Board member 1.00
Director
$0 $0 $0
Mark Burton Board member 1.00
Director
$0 $0 $0
Danny Lawson Board member 1.00
Director
$0 $0 $0
Kevan Gentry Chairman of the board 3.00
Officer Director
$0 $0 $0
Sherry Jones Board member 2.00
Officer Director
$0 $0 $0
Tim Rooney Board member 1.00
Director
$0 $0 $0
Charles Bradley Board member 1.00
Director
$0 $0 $0
Dennis Crary Board member 1.00
Director
$0 $0 $0
Lanier Lee Board member 1.00
Director
$0 $0 $0
Jerry McNeil Director Emeritus 1.00
Director
$0 $0 $0
Teena Milam Board member 1.00
Director
$0 $0 $0
Karl Otterman Board member 1.00
Director
$0 $0 $0
Scott Langston Board member 1.00
Director
$0 $0 $0
Michelle Landolt Board member 1.00
Officer Director
$0 $0 $0
Kris Keiser Treasurer 2.00
Officer Director
$0 $0 $0
Pat Otterman Director Emeritus 1.00
Director
$0 $0 $0
Tanner Rice Board Member 1.00
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
2025 $266,024 $250,524 $401,250 $15,500
2024 $278,768 $254,966 $402,725 $23,802
2023 $286,195 $251,152 $381,487 $35,043
2022 $309,154 $248,729 $337,816 $60,425
2021 $258,045 $205,298 $295,920 $52,747
2020 $220,418 $209,674 $215,949 $10,744
2019 $218,312 $207,418 $207,551 $10,894
2018 $222,183 $200,479 $192,054 $21,704
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