OAK HARBOR CHAMBER OF COMMERCE

EIN: 910616847

OAK HARBOR, WA

Total Revenue
$439,435
Total Expenses
$509,684
Total Assets
$354,463
Net Assets
$200,554
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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
1959
Legal Domicile
WA
Phone
3606753755
Tax Period
2024-01-01 to 2024-12-31

OAK HARBOR CHAMBER OF COMMERCE, founded in 1959, is a small nonprofit that reported $439K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $510K exceeded revenue, resulting in a 16% operating deficit.

Mission

PROMOTION OF GROWTH AND TOURISM WITHIN THE MEMBERSHIP AREA.

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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 $296,820
Program Service Revenue $142,556
Investment Income $59
Other Revenue $0
TOTAL REVENUE $439,435

Expense Breakdown

Grants Paid $0
Salaries & Benefits $214,757
Fundraising Expenses $2,848
Program Expenses $305,060
Other Expenses $294,927
TOTAL EXPENSES $509,684

Year-over-Year Comparison

2024 2023 Change
Revenue $439,435 $515,327 -0.1%
Expenses $509,684 $503,742 +0.0%
Net Income $-70,249 $11,585 -7.1%
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

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
19
Independent Members
18
Employees
11
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
18
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERI MENDIOLA SECRETARY 008.00
Officer Director
$0 $0 $0
SELENE MULDOWNEY-STRATTON PRESIDENT 008.00
Officer Director
$0 $0 $0
BRITTNEY SHIGLEY TREASURER 008.00
Officer Director
$0 $0 $0
DARCY MORGAN BOARD MEMBER 008.00
Director
$0 $0 $0
JOSHUA BLACKMER BOARD MEMBER 008.00
Director
$0 $0 $0
RICH MUELLER BOARD MEMBER 008.00
Director
$0 $0 $0
MARCIA FAKKME VICE PRESIDENT 008.00
Officer Director
$0 $0 $0
JON JENSEN BOARD MEMBER 008.00
Director
$0 $0 $0
JAMES MARROW BOARD MEMBER 008.00
Director
$0 $0 $0
ROBERT SANDERS BOARD MEMBER 008.00
Director
$0 $0 $0
RIVER POWERS BOARD MEMBER 008.00
Director
$0 $0 $0
D'ARCY MORGAN BOARD MEMBER 008.00
Director
$0 $0 $0
SARAH FOY BOARD MEMBERE 008.00
Director
$0 $0 $0
MIKE WELDING BOARD MEMBER 008.00
Director
$0 $0 $0
SABRINA COMBS BOARD MEMBER 008.00
Director
$0 $0 $0
CHERYL GREHAN BOARD NENBER 008.00
Director
$0 $0 $0
JEFF WALLER BOARD MEMBER 008.00
Director
$0 $0 $0
DAVE PAUL BOARD MEMBER 008.00
Director
$0 $0 $0
ERIC MARSHALL EXECUTIVE DIRECTOR 040.00
Key Emp
$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 $439,435 $509,684 $354,463 $-70,249
2023 $515,327 $503,742 $406,106 $11,585
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