Rio Rancho Chamber of Commerce

EIN: 850290692

Rio Rancho, NM

Total Revenue
$528,269
Total Expenses
$602,968
Total Assets
$1,001,099
Net Assets
$198,544
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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
1980
Legal Domicile
NM
Phone
5058921533
Tax Period
2023-01-01 to 2023-12-31

Rio Rancho Chamber of Commerce, founded in 1980, is a small nonprofit that reported $528K in total revenue in fiscal year 2023. Expenses of $603K exceeded revenue, resulting in a 14% operating deficit.

Mission

A regional Chamber committed to improving the quality of community life driven by business leadership mentorship advocacy and prosperity.

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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 $530,655
Program Service Revenue $0
Investment Income $0
Other Revenue $-2,386
TOTAL REVENUE $528,269

Expense Breakdown

Grants Paid $0
Salaries & Benefits $354,606
Fundraising Expenses $0
Program Expenses $0
Other Expenses $248,362
TOTAL EXPENSES $602,968

Year-over-Year Comparison

2023 2022 Change
Revenue $528,269 $498,901 +0.1%
Expenses $602,968 $550,193 +0.1%
Net Income $-74,699 $-51,292 +0.5%
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
23
Independent Members
22
Employees
N/A
Volunteers
22

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GERALD SCHALOW CEO 50.00
Officer Highest
$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
2024 No data No data No data No data
2023 $528,269 $602,968 $1,001,099 $-74,699
2022 $498,901 $550,193 $1,134,840 $-51,292
2021 $499,672 $400,102 $860,343 $99,570
2020 $332,117 $367,145 $229,638 $-35,028
2019 $403,073 $413,642 $46,676 $-10,569
2018 $424,337 $429,629 $91,018 $-5,292
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