LITTLETON BUSINESS CHAMBER INC

EIN: 821471393 Community Improvement

LITTLETON, CO

Total Revenue
$250,452
Total Expenses
$190,769
Total Assets
$182,463
Net Assets
$182,463
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CO
Principal Officer
KORRI LUNDOCK
Phone
3033195786
Tax Period
2024-07-01 to 2025-06-30

LITTLETON BUSINESS CHAMBER INC, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $250K in total revenue in fiscal year 2024. The organization ran a surplus of $60K, a strong 24% operating margin.

Mission

THE LITTLETON BUSINESS CHAMBER IS A DEDICATED GROUP OF LOCAL BUSINESSES AND BUSINESS LEADERS INVESTED IN THE WELFARE OF THE CITY OF LITTLETON. THE CHAMBER IS A RESOURCE AND CONSTRUCTIVE VOICE FOR BUSINESSES, LARGE AND SMALL. IT PROVIDES UP-TO-DATE INFORMATION REGARDING CITY COUNCIL ISSUES, MANAGEMENT ISSUES AND COMMUNICATION WITH CHAMBER MEMBERS. ADDITIONALLY, THE CHAMBER DOES PROVIDE POSITIVE, PROACTIVE REPRESENTATION ON BEHALF OF LITTLETON BUSINESSES AND ORGANIZATIONS.

Program Service Accomplishments

Program 1
Expenses: $30,326

THE BUSINESS CHAMBER CONDUCTS NUMEROUS MEETINGS THROUGHOUT THE YEAR FOR ITS MEMBERS TO MEET AND DISCUSS ISSUES THAT ARE IMPORTANT TO THE CONDUCT OF THEIR BUSINESSES.

Program 2
Expenses: $15,163

THE BUSINESS CHAMBER ARRANGES EDUCATIONAL EVENTS REQUESTED BY MEMBERS OF THE ORGANIZATION. THE CHAMBER DOES NOT CONDUCT THE EDUCATION SERVICE BUT IS RESPONSIBLE FOR LOCATING AND REQUISITIONING OTHER...

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THE BUSINESS CHAMBER ARRANGES EDUCATIONAL EVENTS REQUESTED BY MEMBERS OF THE ORGANIZATION. THE CHAMBER DOES NOT CONDUCT THE EDUCATION SERVICE BUT IS RESPONSIBLE FOR LOCATING AND REQUISITIONING OTHER PARTIES THAT CAN PROVIDE THE NECESSARY INFORMATION SOUGHT BY THE MEMBERS.

Program 3
Expenses: $22,881 Revenue: $46,437

THROUGHOUT THE YEAR, THE BUSINESS CHAMBER MAKES AWARDS AND GRANTS TO VARIOUS ORGANIZATIONS THAT THE BUSINESS CHAMBER SELECTS BASED UPON THE BUSINESS CHAMBER'S EXEMPT PURPOSE AND MISSION STATEMENT...

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THROUGHOUT THE YEAR, THE BUSINESS CHAMBER MAKES AWARDS AND GRANTS TO VARIOUS ORGANIZATIONS THAT THE BUSINESS CHAMBER SELECTS BASED UPON THE BUSINESS CHAMBER'S EXEMPT PURPOSE AND MISSION STATEMENT. ONE EXAMPLE OF THIS PROGRAM IS THE HOLIDAY GALA HELD BY THE BUSINESS CHAMBER ANNUALLY TO RAISE FUNDS FOR THE PURPOSE OF MAKING AWARDS AND GRANTS FROM THE NET PROCEEDS.

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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 $204,015
Program Service Revenue $46,437
Investment Income $0
Other Revenue $0
TOTAL REVENUE $250,452

Expense Breakdown

Grants Paid $22,881
Salaries & Benefits $84,211
Fundraising Expenses $0
Program Expenses $68,370
Other Expenses $83,677
TOTAL EXPENSES $190,769

Year-over-Year Comparison

2024 2023 Change
Revenue $250,452 $237,298 +0.1%
Expenses $190,769 $184,364 +0.0%
Net Income $59,683 $52,934 +0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
28

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
3
$84,211
Total Directors
9
$84,211
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAT DUNAHAY CO-PRESIDENT 9.00
Officer Director
$0 $0 $0
KAL MURIB CO-PRESIDENT 5.00
Officer Director
$0 $0 $0
DREW LANG BOARD MEMBER 2.00
Director
$0 $0 $0
JOSH KALKHORST BOARD MEMBER 0.50
Director
$0 $0 $0
DAVID LAW BOARD MEMBER 2.00
Director
$0 $0 $0
CINDY HATHAWAY BOARD MEMBER 2.00
Director
$0 $0 $0
BETH BEST BOARD MEMBER 2.00
Director
$0 $0 $0
RUTH GRAHAM BOARD MEMBER 0.50
Director
$0 $0 $0
KORI LUDDOCK EXECUTIVE DIRECTOR 5.00
Officer Director
$84,211 $0 $84,211
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 $250,452 $190,769 $182,463 $59,683
2024 $237,298 $184,364 $122,780 $52,934
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