WALNUT CREEK CHAMBER OF COMMERCE

EIN: 941108767

WALNUT CREEK, CA

Total Revenue
$2,444,859
Total Expenses
$2,028,931
Total Assets
$3,076,726
Net Assets
$2,889,863
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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
1926
Legal Domicile
CA
Principal Officer
BOB LINSCHEID
Phone
9259342007
Tax Period
2022-04-01 to 2023-03-31

WALNUT CREEK CHAMBER OF COMMERCE, founded in 1926, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2022. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $416K, a strong 17% operating margin.

Mission

TO ADVOCATE THE COMMON BUSINESS INTERESTS OF THE GENERAL MEMBERSHIP, TO FOSTER AND PROMOTE A HEALTHY, COMPETITIVE BUSINESS CLIMATE AND TO ENHANCE THE QUALITY OF LIFE THROUGHOUT THE CITY OF WALNUT CREEK AND COUNTY OF CONTRA COSTA.

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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 (2022)

Revenue Breakdown

Contributions & Grants $151,805
Program Service Revenue $2,270,789
Investment Income $18,378
Other Revenue $3,887
TOTAL REVENUE $2,444,859

Expense Breakdown

Grants Paid $0
Salaries & Benefits $590,488
Fundraising Expenses $6,028
Program Expenses $1,956,017
Other Expenses $1,438,443
TOTAL EXPENSES $2,028,931

Year-over-Year Comparison

2022 2021 Change
Revenue $2,444,859 $1,637,048 +0.5%
Expenses $2,028,931 $1,569,313 +0.3%
Net Income $415,928 $67,735 +5.1%
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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Governance

Voting Members
25
Independent Members
25
Employees
8
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
3
$152,400
Total Directors
25
$152,400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOB LINSCHEID President & CEO 40.00
Officer Director
$152,400 $0 $152,400
KRISTAL NICOLE HANKTON EXECUTIVE VP 40.00
$102,444 $0 $102,444
MATTHEW GUICHARD BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY THOMPSON BOARD MEMBER 1.00
Director
$0 $0 $0
FALGUNI DAVE BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN DEAN BOARD MEMBER 1.00
Director
$0 $0 $0
EDWARD F DEL BECCARO CHAIR 1.00
Officer Director
$0 $0 $0
LESLIE DAWSON Treasurer 1.00
Officer Director
$0 $0 $0
MARTY ARDRON BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID MEYER BOARD MEMBER 1.00
Director
$0 $0 $0
ROD MICKELS BOARD MEMBER 1.00
Director
$0 $0 $0
JOE STEIN BOARD MEMBER 1.00
Director
$0 $0 $0
CAITLIN SLY BOARD MEMBER 1.00
Director
$0 $0 $0
LORNA VAN ACKEREN BOARD MEMBER 1.00
Director
$0 $0 $0
IMAN NOVIN BOARD MEMBER 1.00
Director
$0 $0 $0
CINDY THOMPSON BOARD MEMBER 1.00
Director
$0 $0 $0
MARGOT STANFORD PAST CHAIR 1.00
Director
$0 $0 $0
AUDREY GEE BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN BARTLETT BOARD MEMBER 1.00
Director
$0 $0 $0
TRUDY TRINER BOARD MEMBER 1.00
Director
$0 $0 $0
WANDA WALLIS BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELA DE LA HOUSAYE BOARD MEMBER 1.00
Director
$0 $0 $0
TOSAN BOYO BOARD MEMBER 1.00
Director
$0 $0 $0
MINNIE WRIGHT BOARD MEMBER 1.00
Director
$0 $0 $0
TERESA ZOCCHI BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLYN SWEENEY BOARD MEMBER 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 No data No data No data No data
2023 $2,444,859 $2,028,931 $3,076,726 $415,928
2023 $783,847 $566,957 $3,069,016 $216,890
2022 $1,637,048 $1,569,313 $2,703,926 $67,735
2021 $1,588,331 $1,559,052 $2,727,789 $29,279
2020 $3,311,062 $2,750,929 $2,485,161 $560,133
2019 $2,730,648 $2,164,631 $2,041,950 $566,017
2018 $2,479,965 $2,214,602 $1,575,985 $265,363
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