ARTESIA CHAMBER OF COMMERCE

EIN: 850027495

ARTESIA, NM

Total Revenue
$1,466,296
Total Expenses
$1,571,953
Total Assets
$2,156,624
Net Assets
$2,041,224
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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
1976
Legal Domicile
NM
Principal Officer
DIANA GARRETT
Phone
5757462744
Tax Period
2024-07-01 to 2025-06-30

ARTESIA CHAMBER OF COMMERCE, founded in 1976, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring.

Mission

TO PROMOTE AND ADVANCE THE OVERALL AND LONG-RANGE CIVIC, COMMERCIAL, INDUSTRIAL AND AGRICULTURAL INTERESTS OF THE ARTESIA TRADE TERRITORY.

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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 $643,821
Program Service Revenue $816,196
Investment Income $2,610
Other Revenue $3,669
TOTAL REVENUE $1,466,296

Expense Breakdown

Grants Paid $0
Salaries & Benefits $320,113
Fundraising Expenses $0
Program Expenses $1,568,004
Other Expenses $1,251,840
TOTAL EXPENSES $1,571,953

Year-over-Year Comparison

2024 2023 Change
Revenue $1,466,296 $2,140,759 -0.3%
Expenses $1,571,953 $2,083,730 -0.2%
Net Income $-105,657 $57,029 -2.9%
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
16
Independent Members
16
Employees
4
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
4
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN BAIN IMMEDIATE PA N/A
Director
$0 $0 $0
ROXANN BAIN BOARD MEMBER N/A
Director
$0 $0 $0
RAELYNN BEAN 2ND VICE PRE N/A
Officer Director
$0 $0 $0
MATT BREWER VICE PRESIDE N/A
Officer Director
$0 $0 $0
JACK CALLAWAY BOARD MEMBER N/A
Director
$0 $0 $0
BRYCE ELKINS TREASURER N/A
Officer Director
$0 $0 $0
DIANA GARRETT PRESIDENT N/A
Officer Director
$0 $0 $0
JP HERMES BOARD MEMBER N/A
Director
$0 $0 $0
ADIA HOCKER BOARD MEMBER N/A
Director
$0 $0 $0
DARIAN JARAMILLO BOARD MEMBER N/A
Director
$0 $0 $0
ALLYSON JOY BOARD MEMBER N/A
Director
$0 $0 $0
TRINIDAD MALONE BOARD MEMBER N/A
Director
$0 $0 $0
JUSTIN MILLS BOARD MEMBER N/A
Director
$0 $0 $0
DANIEL RODRIGUEZ BOARD MEMBER N/A
Director
$0 $0 $0
KIM SALGADO BOARD MEMBER N/A
Director
$0 $0 $0
MATT WHITMIRE 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 $1,466,296 $1,571,953 $2,156,624 $-105,657
2024 No data No data No data No data
2023 $1,959,152 $1,667,927 $2,131,637 $291,225
2022 $993,576 $950,227 $1,933,602 $43,349
2021 $665,133 $584,444 $1,728,565 $80,689
2020 $1,212,475 $1,120,461 $1,641,026 $92,014
2019 $1,327,913 $1,129,763 $1,564,115 $198,150
2018 $1,141,162 $1,045,770 $1,367,837 $95,392
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