THE PALM COAST REGIONAL CHAMBER OF COMMERCE INC

EIN: 852141868 Community Improvement

PALM COAST, FL

Total Revenue
$245,341
Total Expenses
$231,755
Total Assets
$54,505
Net Assets
$53,292
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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
2020
Legal Domicile
FL
Principal Officer
GREG BLOSE
Phone
3868461864
Tax Period
2022-07-01 to 2023-06-30

THE PALM COAST REGIONAL CHAMBER OF COMMERCE INC, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $245K in total revenue in fiscal year 2022. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $232K left a modest 6% surplus.

Mission

TO PROMOTE THE COMMON BUSINESS INTEREST OF ITS MEMBERS AND NOT TO ENGAGE IN A REGULAR BUSINESS OF A KIND ORDINARILY CARRIED ON FOR PROFIT

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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 (2022)

Revenue Breakdown

Contributions & Grants $226,254
Program Service Revenue $19,087
Investment Income $0
Other Revenue $0
TOTAL REVENUE $245,341

Expense Breakdown

Grants Paid $0
Salaries & Benefits $138,588
Fundraising Expenses $0
Other Expenses $93,167
TOTAL EXPENSES $231,755

Year-over-Year Comparison

2022 2021 Change
Revenue $245,341 $157,593 +0.6%
Expenses $231,755 $183,203 +0.3%
Net Income $13,586 $-25,610 -1.5%
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
17
Independent Members
17
Employees
3
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
$83,077
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREG BLOSE PRESIDENT & 40.00
Officer
$83,077 $0 $83,077
DAVID AYRES DIRECTOR N/A
Director
$0 $0 $0
DENYSE BAILES-CHUBB DIRECTOR N/A
Director
$0 $0 $0
CHRISTOPHER BAILEY DIRECTOR N/A
Director
$0 $0 $0
KHANH-LIEN BANKO DIRECTOR N/A
Director
$0 $0 $0
CHELSEA BARNEY-HERBERT TREASURER N/A
Director
$0 $0 $0
ROBERT DOUCETTE DIRECTOR N/A
Director
$0 $0 $0
MICHAEL HALL DIRECTOR N/A
Director
$0 $0 $0
HOWARD HOLLEY DIRECTOR N/A
Director
$0 $0 $0
MICHAEL D CHIUMENTO III VICE CHAIR N/A
Officer Director
$0 $0 $0
GARRY LUBI BOARD CHAIR N/A
Director
$0 $0 $0
TERESA RIZZO DIRECTOR N/A
Director
$0 $0 $0
JASON ROTH DIRECTOR N/A
Director
$0 $0 $0
SCOTT SOWERS DIRECTOR N/A
Director
$0 $0 $0
JOHN WALSH IMMEDIATE PA N/A
Officer Director
$0 $0 $0
LINDA WEBSTER DIRECTOR N/A
Director
$0 $0 $0
JOE WRIGHT DIRECTOR N/A
Officer 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 No data No data No data No data
2024 No data No data No data No data
2024 No data No data No data No data
2023 $245,341 $231,755 $54,505 $13,586
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