VAN BUREN AREA CHAMBER OF COMMERCE… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Phone

2069310738

Tax Period

2023-01-01 to 2023-12-31

VAN BUREN AREA CHAMBER OF COMMERCE INC, founded in 2022, is a micro nonprofit in the Community Improvement sector that reported $22K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $8K, a strong 37% operating margin.

Mission

Be a strong foundation for the community and its businesses while promoting the natural beauty of the area for potential visitors.

Program Service Accomplishments

Program 1

Expenses: $4,000 Revenue: $4,000

The year 2023 was the first full year of operations for the Van Buren Area Chamber of Commerce. During this year the Chamber partnered with the Van Buren R-1 School District After School program to host a career fair for grades 7 - 12. This is the first career fair of its kind for the school. The event was a success with over 20 vendors spanning multiple career options in attendance. The student attendance was over 150.

Program 2

Expenses: $6,097 Revenue: $0

We completed a marketing effort during 2023. This included creating tourism brochures for our area businesses. We also completed a public relations campaign mid-May to encourage visitors to our area...

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $21,717

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $21,717

Expense Breakdown

Grants Paid $4,000

Salaries & Benefits $3,926

Fundraising Expenses $4,698

Program Expenses $10,097

Other Expenses $5,754

TOTAL EXPENSES $13,680

Year-over-Year Comparison

	2023	2022	Change
Revenue	$21,717	$28,501	-0.2%
Expenses	$13,680	$7,590	+0.8%
Net Income	$8,037	$20,911	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Susan Van Winkle	President	8.00	Officer	$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
2023	$21,717	$13,680	$29,729	$8,037

VAN BUREN AREA CHAMBER OF COMMERCE INC