BEAVERTON AREA CHAMBER OF COMMERCE

EIN: 930423398

BEAVERTON, OR

Total Revenue
$655,381
Total Expenses
$591,676
Total Assets
$284,995
Net Assets
$73,086
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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
1953
Legal Domicile
OR
Principal Officer
ALICIA BERMES
Phone
5036440123
Tax Period
2024-01-01 to 2024-12-31

BEAVERTON AREA CHAMBER OF COMMERCE, founded in 1953, is a small nonprofit that reported $655K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $592K left a modest 10% surplus.

Mission

THE CHAMBER PROMOTES A VIBRANT COMMUNITY AND BUSINESS ENVIRONMENT BY LEADING BUSINESS DEVELOPMENT & RETENTION. WEEKLY PROGRAMS & CLASSES. ASSISTING IN MARKETING & PROMOTING MEMBER 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $99,854
Program Service Revenue $513,351
Investment Income $7,769
Other Revenue $34,407
TOTAL REVENUE $655,381

Expense Breakdown

Grants Paid $3,500
Salaries & Benefits $318,548
Fundraising Expenses $0
Other Expenses $269,628
TOTAL EXPENSES $591,676

Year-over-Year Comparison

2024 2023 Change
Revenue $655,381 $509,540 +0.3%
Expenses $591,676 $542,598 +0.1%
Net Income $63,705 $-33,058 -2.9%
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
14
Independent Members
14
Employees
5
Volunteers
300

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
$95,000
Total Directors
12
$0
Key Employees
1
$95,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELSEY SCOTCH BOARD CHAIR 5.00
Officer Director
$0 $0 $0
GEORGIE FUNK BOARD CHAIR ELECT 5.00
Officer Director
$0 $0 $0
ROY KIM PAST CHAIR 2.00
Director
$0 $0 $0
LISA WISE TREASURER 3.00
Officer Director
$0 $0 $0
ALICIA BERMES PRESIDENT / CEO 40.00
Officer Key Emp Highest
$95,000 $0 $95,000
ANDY OLDENBURG DIRECTOR 2.00
Director
$0 $0 $0
CARLOS CORTEZ DIRECTOR 1.00
Director
$0 $0 $0
DAVID CHIN DIRECTOR 2.00
Director
$0 $0 $0
DONNA MEEUWSEN DIRECTOR 1.00
Director
$0 $0 $0
JOE TORRETTA DIRECTOR 1.00
Director
$0 $0 $0
LYNETTE SCOTT DIRECTOR 1.00
Director
$0 $0 $0
ERNIE CLAESON DIRECTOR 1.00
Director
$0 $0 $0
PATRICE GODFREY DIRECTOR 1.00
Director
$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 $655,381 $591,676 $284,995 $63,705
2023 $509,540 $542,598 $267,999 $-33,058
2022 $579,119 $550,618 $319,058 $28,501
2021 $433,334 $395,970 $275,876 $37,364
2020 $487,837 $484,172 $311,330 $3,665
2019 $515,069 $511,830 $147,654 $3,239
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