COTTAGE GROVE AREA CHAMBER OF COMMERCE (EIN 930362983) - Form 990 Financial Analysis & Trantor Score

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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

1949

Legal Domicile

Principal Officer

CAMERON REITEN

Phone

5419422411

Tax Period

2023-01-01 to 2023-12-31

COTTAGE GROVE AREA CHAMBER OF COMMERCE, founded in 1949, is a small nonprofit that reported $119K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year.

Mission

PROVIDE INFORMATION AND PROMOTE THE BUSINESS SERVICES AND OPPORTUNITIES OF THE COTTAGE GROVE COMMUNITY TO PERSONS, ORGANIZATIONS AND BUSINESSES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $22,500

Program Service Revenue $71,957

Investment Income $161

Other Revenue $24,094

TOTAL REVENUE $118,712

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,661

Fundraising Expenses $0

Other Expenses $55,008

TOTAL EXPENSES $119,669

Year-over-Year Comparison

	2023	2022	Change
Revenue	$118,712	$143,682	-0.2%
Expenses	$119,669	$168,535	-0.3%
Net Income	$-957	$-24,853	-1.0%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TESLA THOMS	Director	1.00	Director	$0	$0	$0
JUDI PRUITT	Director	1.00	Director	$0	$0	$0
CAMERON REITEN	PRESIDENT ELECT	2.00	Director	$0	$0	$0
CHALICE SAVAGE	Director	1.00	Director	$0	$0	$0
KYLE DOOLEY	Director	2.00	Director	$0	$0	$0
NATALIE CLARK	Director	2.00	Director	$0	$0	$0
KIMBERLY WESTWANG	Director	1.00	Director	$0	$0	$0
TIFFANIE WILLIAMS	President	3.00	Officer Director	$0	$0	$0
DANNY SOLESBEE	Director	1.00	Director	$0	$0	$0
STEPHEN LAWN	Director	2.00	Director	$0	$0	$0
ALAN WHITLOCK	Treasurer	3.00	Director	$0	$0	$0
RICHARD MEYERS	ADVISOR	1.00	Director	$0	$0	$0
DALE SMITH	PAST PRESIDENT	1.00	Director	$0	$0	$0
CANDACE SOLESBEE	ADVISOR	1.00	Director	$0	$0	$0
ALICIA BEYMER	ADVISOR	1.00	Director	$0	$0	$0
RYAN GIFFORD	ADVISOR	1.00	Director	$0	$0	$0
DR YVONNE CURTIS	ADVISOR	0.00	Director	$0	$0	$0
ALYSSA GOMEZ	Secretary	2.00	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
2024	No data	No data	No data	No data
2023	$118,712	$119,669	$59,635	$-957
2022	$143,682	$168,535	$63,923	$-24,853
2021	$139,049	$182,167	$93,580	$-43,118
2020	$110,284	$130,755	$135,875	$-20,471
2019	$130,957	$137,451	$160,153	$-6,494
2018	$151,173	$138,102	$159,882	$13,071

COTTAGE GROVE AREA CHAMBER OF COMMERCE