GREATER HEIGHTS AREA CHAMBER OF COMMERCE

EIN: 760234699

HOUSTON, TX

Total Revenue
$298,841
Total Expenses
$315,927
Total Assets
$142,029
Net Assets
$131,091
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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
1987
Legal Domicile
TX
Principal Officer
LILIANA CANGA
Phone
7138616735
Tax Period
2024-10-01 to 2025-09-30

GREATER HEIGHTS AREA CHAMBER OF COMMERCE, founded in 1987, is a small nonprofit that reported $299K in total revenue in fiscal year 2024.

Mission

FOSTER ECONOMIC DEVELOPMENT AND SUPPORT THE LOCAL BUSINESS COMMUNITY OF THE GREATER HEIGHTS AREA

Program Service Accomplishments

Program 1

BUSINESS SEMINARS, NETWORKING BREAKFASTS, BUSINESS LUNCHEONS, NETWORKING EVENTS, RIBBON CUTTINGS, AND COMMUNITY EVENTS ALL WHICH PROMOTE ECONOMIC DEVELOPMENT OF THE GREATER HEIGHTS AREA.

Program 2

WEBSITE

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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 $153,194
Program Service Revenue $141,633
Investment Income $3,892
Other Revenue $122
TOTAL REVENUE $298,841

Expense Breakdown

Grants Paid $0
Salaries & Benefits $142,912
Fundraising Expenses $0
Other Expenses $173,015
TOTAL EXPENSES $315,927

Year-over-Year Comparison

2024 2023 Change
Revenue $298,841 $303,617 0.0%
Expenses $315,927 $350,227 -0.1%
Net Income $-17,086 $-46,610 -0.6%
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
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
5
$82,350
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES MONTALBANO PRESIDENT 40.00
Officer
$82,350 $0 $82,350
EDMAR JIMENEZ ADAME BOARD MEMBER N/A
Director
$0 $0 $0
TONY ALLMAN BOARD MEMBER N/A
Director
$0 $0 $0
STEVE BAKER PAST CHAIR N/A
Officer Director
$0 $0 $0
MICHELLE N BRIGGS BOARD MEMBER N/A
Director
$0 $0 $0
LILIANA CANGA TREASURER N/A
Officer Director
$0 $0 $0
JOHN FRELS AT LARGE N/A
Director
$0 $0 $0
JENNIFER HICKS SECRETARY N/A
Officer Director
$0 $0 $0
DR LINDSEY POLLOCK BOARD MEMBER N/A
Director
$0 $0 $0
CYNTHIA REIBENSTEIN BOARD MEMBER N/A
Director
$0 $0 $0
GENE REYNOLDS CHAIR N/A
Officer Director
$0 $0 $0
DAVID SCHEIN BOARD MEMBER N/A
Director
$0 $0 $0
DAVID SHAPIRO BOARD MEMBER N/A
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 $298,841 $315,927 $142,029 $-17,086
2024 $303,617 $350,227 $168,382 $-46,610
2023 $377,943 $361,389 $217,847 $16,554
2022 $299,640 $312,194 $202,885 $-12,554
2021 $230,464 $174,011 $223,685 $56,453
2020 $312,907 $314,141 $199,142 $-1,234
2019 $452,264 $415,604 $203,966 $36,660
2018 $490,671 $478,493 $163,075 $12,178
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