LEWISVILLE CLEMMONS CHAMBER OF COMMERCE INC

EIN: 743215354 Community Improvement

Clemmons, NC

Total Revenue
$229,626
Total Expenses
$171,216
Total Assets
$170,696
Net Assets
$167,096
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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
2009
Legal Domicile
NC
Phone
3369705100
Tax Period
2025-01-01 to 2025-12-31

LEWISVILLE CLEMMONS CHAMBER OF COMMERCE INC, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $230K in total revenue in fiscal year 2025. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $58K, a strong 25% operating margin.

Mission

As a non-profit organization, the Lewisville-Clemmons Chamber of Commerce is committed to the success of its members, as well as providing for them to connect, grow, and thrive with others.

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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 (2025)

Revenue Breakdown

Contributions & Grants $181,120
Program Service Revenue $0
Investment Income $2,659
Other Revenue $45,847
TOTAL REVENUE $229,626

Expense Breakdown

Grants Paid $0
Salaries & Benefits $119,500
Fundraising Expenses $0
Other Expenses $51,716
TOTAL EXPENSES $171,216

Year-over-Year Comparison

2025 2024 Change
Revenue $229,626 $159,746 +0.4%
Expenses $171,216 $130,536 +0.3%
Net Income $58,410 $29,210 +1.0%
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
388
Independent Members
388
Employees
4
Volunteers
40

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
14
$0
Total Directors
5
$0
Key Employees
1
$124,454
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kristin Johnson President 2.00
Officer
$0 $0 $0
Tammy Parks Immediate Past President 2.00
Director
$0 $0 $0
Julia Powers Vice President 2.00
Officer
$0 $0 $0
Morgan Reitzel Secretary 2.00
Officer
$0 $0 $0
Eric Hermanson Treasurer 2.00
Officer
$0 $0 $0
Debbie McCliment Exec Member at Large 2.00
Director
$0 $0 $0
Philip Averett VP of HR 2.00
Officer
$0 $0 $0
Brit Perkins VP of Membership 2.00
Officer
$0 $0 $0
Wendy Taylor VP of Networking 2.00
Officer
$0 $0 $0
Ray Mitchell VP of Marketing 2.00
Officer
$0 $0 $0
Shea Crutchfield VP of Hospitality 2.00
Officer
$0 $0 $0
Tifanny Birdsong VP of Nonprofits 2.00
Officer
$0 $0 $0
Brittney Albert VP of Education 2.00
Officer
$0 $0 $0
Sarah Young VP of Leadership Dev 2.00
Officer
$0 $0 $0
Amanda Gogolak VP of Comm Svc Clemmons 2.00
Officer
$0 $0 $0
Meredith Roels VP of Comm Svc Lewisville 2.00
Officer
$0 $0 $0
Fuller Parham Member at Large 2.00
Director
$0 $0 $0
Melissa Curan Meber at Large 2.00
Director
$0 $0 $0
Brad Hunter Ex-Officio 2.00
Director
$0 $0 $0
Laura Denise Heidel Executive Director 40.00
Key Emp Highest
$62,227 $62,227 $124,454
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 $229,626 $171,216 $170,696 $58,410
2024 $159,746 $130,536 $109,449 $29,210
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