BUTTE SILVER BOW CHAMBER OF COMMERCE

EIN: 810116175

BUTTE, MT

Total Revenue
$1,165,244
Total Expenses
$1,142,901
Total Assets
$2,025,671
Net Assets
$1,848,169
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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
1912
Legal Domicile
MT
Principal Officer
STEPHANIE SORINI
Phone
4067233177
Tax Period
2023-11-01 to 2024-10-31

BUTTE SILVER BOW CHAMBER OF COMMERCE, founded in 1912, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE ECONOMIC GROWTH AND DEVELOPMENT, PROSPERITY, TOURISM AND THE ENHANCED GENERAL WELFARE OF A SOUTHWEST MONTANA COMMUNITY RICH IN HISTORY AND POTENTIAL.

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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 $0
Program Service Revenue $722,130
Investment Income $0
Other Revenue $443,114
TOTAL REVENUE $1,165,244

Expense Breakdown

Grants Paid $0
Salaries & Benefits $368,107
Fundraising Expenses $0
Program Expenses $1,142,901
Other Expenses $774,794
TOTAL EXPENSES $1,142,901

Year-over-Year Comparison

2023 2022 Change
Revenue $1,165,244 $977,210 +0.2%
Expenses $1,142,901 $995,280 +0.1%
Net Income $22,343 $-18,070 -2.2%
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
35
Independent Members
35
Employees
23
Volunteers
196

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
$104,861
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK JOHNSTON PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
CRAIG TIPPETT TREASURER 10.00
Officer Director
$0 $0 $0
WILLIAM DAILY PRESIDENT 5.00
Officer Director
$0 $0 $0
JEANETTE KOPF CVB PRESIDENT 2.00
Officer Director
$0 $0 $0
MARIA POCHERVINA PAST CVB/TBID DIRECTOR 40.00
Director
$0 $0 $0
DANA BUNNEY PRESIDENT ELECT 5.00
Officer Director
$0 $0 $0
LES COOK VICE PRESIDENT 2.00
Director
$0 $0 $0
KEHLI HAZLETT CVB/TBID DIRECTOR 40.00
Director
$0 $0 $0
TOM CONNELLY VICE PRESIDENT 2.00
Director
$0 $0 $0
KEN HAYNES VICE PRESIDENT 2.00
Director
$0 $0 $0
DENISE KELLY VICE PRESIDENT 2.00
Director
$0 $0 $0
DOREA WILMOTH VICE PRESIDENT 2.00
Director
$0 $0 $0
STEPHANIE SORINI EXECUTIVE DIRECTOR 40.00
Officer
$104,861 $0 $104,861
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 $1,165,244 $1,142,901 $2,025,671 $22,343
2023 $977,210 $995,280 $1,858,578 $-18,070
2022 $920,957 $900,736 $1,904,859 $20,221
2021 $739,513 $751,596 $1,923,568 $-12,083
2020 $955,001 $579,090 $1,873,550 $375,911
2019 $853,202 $746,653 $1,510,168 $106,549
2018 $778,436 $818,892 $1,404,283 $-40,456
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