Downey Chamber of Commerce

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1903

Legal Domicile

Phone

5629232191

Tax Period

2023-07-01 to 2024-06-30

Downey Chamber of Commerce, founded in 1903, is a small nonprofit in the Community Improvement sector that reported $175K in total revenue in fiscal year 2023.

Mission

The Downey Chamber is a volunteer membership organization uniting business persons, professionals and firms to promote economic growth, job creation and to build a better community for all residents.

Program Service Accomplishments

Program 1

Holiday Lane Parade - Annual Christmas Parade for residents of Downey and surrounding cities. This event is an investment in the community with many businesses and city agencies participating.

Program 2

Golf Tournament - Annual event open to residents of the city and surrounding areas. This event promotes the city's' recreational areas and facilities.

Program 3

Street Faire - Promotes companies and professionals doing business in the city. The event gives business owners the opportunity to showcase their products and services and meet with residents and...

Street Faire - Promotes companies and professionals doing business in the city. The event gives business owners the opportunity to showcase their products and services and meet with residents and others. This event gives all participants a chance to interact outside a business setting.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $109,842

Program Service Revenue $0

Investment Income $945

Other Revenue $64,425

TOTAL REVENUE $175,212

Expense Breakdown

Grants Paid $0

Salaries & Benefits $127,736

Fundraising Expenses $57,250

Other Expenses $44,014

TOTAL EXPENSES $171,750

Year-over-Year Comparison

	2023	2022	Change
Revenue	$175,212	N/A	N/A
Expenses	$171,750	N/A	N/A
Net Income	$3,462	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
John Casillas	President	10.00	Officer Director	$0	$0	$0
Michael Calvert	Secretary	10.00	Officer Director	$0	$0	$0
Carrie Uva	President Elect	5.00	Officer Director	$0	$0	$0
Dave Gafin	Treasurer	5.00	Officer Director	$0	$0	$0
Maria Fernandez	Vice President	5.00	Officer Director	$0	$0	$0
Joanna Peterson	Immed Past Pres	10.00	Officer Director	$0	$0	$0
Michael Chirco	Director	5.00	Director	$0	$0	$0
Carmen Gonzalez	Director	5.00	Director	$0	$0	$0
Cindy Kovach	Director	10.00	Director	$0	$0	$0
Tatiana Paton	Director	5.00	Director	$0	$0	$0
Karina Madariaga	Director	5.00	Director	$0	$0	$0
Sheila Tetangco-Bartolone	Director	5.00	Director	$0	$0	$0
Neelam Neg	Director	5.00	Director	$0	$0	$0
Joe Cervantes	Director	5.00	Director	$0	$0	$0
Larry Garces	Director	5.00	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	$175,212	$171,750	$55,469	$3,462
2018	$192,434	$191,555	$141,038	$879