Greater Cleveland Chamber of Commerce

EIN: 741103733

Cleveland, TX

Total Revenue
$109,884
Total Expenses
$117,084
Total Assets
$96,633
Net Assets
$95,875
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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
1951
Legal Domicile
TX
Phone
2815928786
Tax Period
2024-01-01 to 2024-12-31

Greater Cleveland Chamber of Commerce, founded in 1951, is a small nonprofit that reported $110K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year.

Mission

Promote the greater Cleveland Texas area for economic development and tourism.

Program Service Accomplishments

Program 1

Promote the greater Cleveland Texas area for economic development and tourism.

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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 $97,903
Program Service Revenue $0
Investment Income $3,306
Other Revenue $8,675
TOTAL REVENUE $109,884

Expense Breakdown

Grants Paid $0
Salaries & Benefits $82,847
Fundraising Expenses $0
Other Expenses $34,237
TOTAL EXPENSES $117,084

Year-over-Year Comparison

2024 2023 Change
Revenue $109,884 $130,371 -0.2%
Expenses $117,084 $103,394 +0.1%
Net Income $-7,200 $26,977 -1.3%
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
12
Independent Members
12
Employees
2
Volunteers
30

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
6
$48,535
Total Directors
12
$0
Key Employees
1
$48,535
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Victoria Good VP-COO 040.00
Officer Key Emp
$48,535 $0 $48,535
Kari Duggar Chair and President 010.00
Officer Director
$0 $0 $0
Brian Garcia Chair Elect 002.00
Officer Director
$0 $0 $0
Regina Vollmer Director 002.00
Director
$0 $0 $0
Matt Bieniek Director 002.00
Director
$0 $0 $0
Camille Landry Past Chair 002.00
Officer Director
$0 $0 $0
James Wall Director 002.00
Director
$0 $0 $0
Ashleigh Broussard Carter Director 002.00
Director
$0 $0 $0
Zack Harkness Director 002.00
Director
$0 $0 $0
David Martin Secretary 002.00
Officer Director
$0 $0 $0
Preston Bostwick Director 002.00
Director
$0 $0 $0
Heidi Soles Director 002.00
Director
$0 $0 $0
Tasha Childress Treasurer 002.00
Officer 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 $109,884 $117,084 $96,633 $-7,200
2023 $130,371 $103,394 $102,589 $26,977
2022 $103,153 $101,032 $76,936 $2,121
2021 $116,854 $101,552 $83,133 $15,302
2020 $99,448 $83,058 $81,951 $16,390
2019 $128,338 $104,905 $61,716 $23,433
2018 $114,320 $103,168 $36,863 $11,152
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