Monterey Peninsula Chamber Of Commerce

EIN: 940692450

Monterey, CA

Total Revenue
$609,609
Total Expenses
$629,352
Total Assets
$202,488
Net Assets
$17,588
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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
1908
Legal Domicile
CA
Principal Officer
Jennifer Kuyper
Phone
8316485350
Tax Period
2023-01-01 to 2023-12-31

Monterey Peninsula Chamber Of Commerce, founded in 1908, is a small nonprofit that reported $610K in total revenue in fiscal year 2023.

Mission

The Monterey Peninsula Chamber of Commerce promotes business through member services, educational programs, cooperative partnerships, and legislative advocacy that balances prosperity with the quality of life.

Program Service Accomplishments

Program 1

The chamber sponsors mixers and events during which members interact with each other and make their products/ services known to the public. The chamber provides maps, directories and brochures to...

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The chamber sponsors mixers and events during which members interact with each other and make their products/ services known to the public. The chamber provides maps, directories and brochures to disseminate information regarding local business and events. For the year ending December 31, 2023 total membership was 541.

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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 $0
Program Service Revenue $611,885
Investment Income $-3,756
Other Revenue $1,480
TOTAL REVENUE $609,609

Expense Breakdown

Grants Paid $0
Salaries & Benefits $291,313
Fundraising Expenses $0
Other Expenses $338,039
TOTAL EXPENSES $629,352

Year-over-Year Comparison

2023 2022 Change
Revenue $609,609 $640,691 0.0%
Expenses $629,352 $576,137 +0.1%
Net Income $-19,743 $64,554 -1.3%
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
18
Independent Members
17
Employees
5
Volunteers
40

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
$105,000
Total Directors
18
$105,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N Monica Lal President & CEO 40.00
Officer Director
$105,000 $0 $105,000
Nick Del Pozzo Director 2.00
Director
$0 $0 $0
Kathryn Avila Chair-Elect 2.00
Officer Director
$0 $0 $0
Paul Weyant Director 2.00
Director
$0 $0 $0
DJ Djuna Muniz Treasurer 2.00
Director
$0 $0 $0
Nicole Hollingsworth Director 2.00
Director
$0 $0 $0
Robert Freiri Director 2.00
Director
$0 $0 $0
Jeff White Director 2.00
Director
$0 $0 $0
Dawn Mathes Director 2.00
Director
$0 $0 $0
Kevin Causey Chair 2.00
Officer Director
$0 $0 $0
Elizabeth Diaz Director 2.00
Director
$0 $0 $0
Adam Hughes Director 2.00
Director
$0 $0 $0
Clarissa Rowe Director 2.00
Director
$0 $0 $0
Turie Cavaliere Director 2.00
Director
$0 $0 $0
Bradley Levang Director 2.00
Director
$0 $0 $0
Jonathan Geisler Director 2.00
Director
$0 $0 $0
Jennifer Kuyper Imm Past Chair 2.00
Officer Director
$0 $0 $0
Douglas Roberts Director 2.00
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 No data No data No data No data
2023 $609,609 $629,352 $202,488 $-19,743
2022 $640,691 $576,137 $191,413 $64,554
2021 $622,655 $539,980 $151,748 $82,675
2020 $325,423 $457,094 $90,719 $-131,671
2019 $577,182 $498,501 $162,706 $78,681
2018 $541,560 $517,978 $108,004 $23,582
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