ANCHORAGE CHAMBER OF COMMERCE INC

EIN: 920010298

ANCHORAGE, AK

Total Revenue
$986,745
Total Expenses
$1,057,534
Total Assets
$1,054,873
Net Assets
$613,634
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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
1947
Legal Domicile
AK
Principal Officer
KATHLEEN MCARDLE
Phone
9072722401
Tax Period
2022-09-01 to 2023-08-31

ANCHORAGE CHAMBER OF COMMERCE INC, founded in 1947, is a small nonprofit that reported $987K in total revenue in fiscal year 2022.

Mission

TO ADVANCE A SUCCESSFUL BUSINESS CLIMATE BY ATTENDING TO THE CIVIC, ECONOMIC AND CULTURAL BETTERMENT OF OUR COMMUNITY. WE ACHIEVE THIS THROUGH THREE CHANNELS: ADVOCACY, CONNECTIVITY, AND EDUCATION.

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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 $647,709
Program Service Revenue $287,937
Investment Income $41,965
Other Revenue $9,134
TOTAL REVENUE $986,745

Expense Breakdown

Grants Paid $0
Salaries & Benefits $462,653
Fundraising Expenses $0
Other Expenses $594,881
TOTAL EXPENSES $1,057,534

Year-over-Year Comparison

2022 2021 Change
Revenue $986,745 $989,111 0.0%
Expenses $1,057,534 $945,552 +0.1%
Net Income $-70,789 $43,559 -2.6%
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
26
Independent Members
26
Employees
6
Volunteers
100

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
$160,129
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY JOHNSON CHAIR 5.00
Officer Director
$0 $0 $0
RYANN SWALLING VICE CHAIR 5.00
Officer Director
$0 $0 $0
BARBARA AMY SECRETARY-TREASURER 5.00
Officer Director
$0 $0 $0
DIANNE BLUMER ELECTED MEMBER 1.00
Director
$0 $0 $0
LAURA DEAN ELECTED MEMBER 1.00
Director
$0 $0 $0
JIN CHEN ELECTED MEMBER 1.00
Director
$0 $0 $0
NEAL GUNN ELECTED MEMBER 1.00
Director
$0 $0 $0
DAVID HANNON ELECTED MEMBER 1.00
Director
$0 $0 $0
ED HENDRICKSON ELECTED MEMBER 1.00
Director
$0 $0 $0
JOY MERRINER ELECTED MEMBER 1.00
Director
$0 $0 $0
DAN NEWMAN ELECTED MEMBER 1.00
Director
$0 $0 $0
TANA SKYE NEVADA ELECTED MEMBER 1.00
Director
$0 $0 $0
SHERON PATRICK ELECTED MEMBER 1.00
Director
$0 $0 $0
DANICIA SHIRYAYEV ELECTED MEMBER 1.00
Director
$0 $0 $0
GARY SCOTT ELECTED MEMBER 1.00
Director
$0 $0 $0
KATIE MALLARD APPOINTED MEMBER 1.00
Director
$0 $0 $0
JULIE HASQUET APPOINTED MEMBER 1.00
Director
$0 $0 $0
SEAN JORDAN APPOINTED MEMBER 1.00
Director
$0 $0 $0
GWEN WELCH APPOINTED MEMBER 1.00
Director
$0 $0 $0
VIC ANGOCO APPOINTED MEMBER 1.00
Director
$0 $0 $0
LISA BOOTH APPOINTED MEMBER 1.00
Director
$0 $0 $0
JENNIFER OPSUT APPOINTED MEMBER 1.00
Director
$0 $0 $0
ETHAN TYLER APPOINTED MEMBER 1.00
Director
$0 $0 $0
SARAH SKEEL APPOINTED MEMBER 1.00
Director
$0 $0 $0
BOND STEWART APPOINTED MEMBER 1.00
Director
$0 $0 $0
CAROLINE SCHULTZ APPOINTED MEMBER 1.00
Director
$0 $0 $0
BRUCE BUSTAMANTE PRESIDENT 50.00
Officer
$144,716 $15,413 $160,129
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 $986,745 $1,057,534 $1,054,873 $-70,789
2022 $989,111 $945,552 $1,172,085 $43,559
2021 $753,130 $787,993 $1,531,932 $-34,863
2020 $803,836 $786,089 $1,145,513 $17,747
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