COTTAGE GROVE AREA CHAMBER OF COMMERCE

EIN: 930362983

COTTAGE GROVE, OR

Total Revenue
$118,712
Total Expenses
$119,669
Total Assets
$59,635
Net Assets
$38,501
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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
OR
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.

Program Service Accomplishments

Program 1

PROVIDE INFORMATION AND PROMOTE THE SERVICES OF THE COTTAGE GROVE COMMUNITY TO PERSONS, ORGANIZATIONS AND BUSINESSES BOTH IN AND OUT OF THE COTTAGE GROVE AREA. AND TO PROMOTE THE COTTAGE GROVE AREA...

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PROVIDE INFORMATION AND PROMOTE THE SERVICES OF THE COTTAGE GROVE COMMUNITY TO PERSONS, ORGANIZATIONS AND BUSINESSES BOTH IN AND OUT OF THE COTTAGE GROVE AREA. AND TO PROMOTE THE COTTAGE GROVE AREA AS A VACATION/TOURIST DESTINATION FOR SITE SEEING, CAMPING, BOATING, BIKE RIDING, ETC

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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 (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

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Governance

Voting Members
10
Independent Members
10
Employees
2
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
2
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
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
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