Glendale 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

1910

Legal Domicile

Principal Officer

JUDITH KENDALL

Phone

8182407870

Tax Period

2017-07-01 to 2018-06-30

Glendale Chamber of Commerce, founded in 1910, is a small nonprofit that reported $376K in total revenue in fiscal year 2017. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $355K left a modest 6% surplus.

Mission

SERVING THE NEEDS OF BUSINESS AND ENHANCING THE GLENDALE COMMUNITY

Program Service Accomplishments

Program 1

AMONG THE ORGANIZATION'S MISSIONS ARE:TO PROVIDE A FORUM FOR AND STUDY ISSUES AND CONCERNS AMONG THE CHAMBER, CITY, AND COUNTY AND FORMULATE POSITIONS FOR CHAMBER WHERE NEEDED.TO PROMOTE THE NEEDS OF BUSINESS AND IMPROVE THE QUALITY OF LIFE IN THE COMMUNITY.TO REVIEW AND SUBMIT POLICY POSITIONS ON BUSINESS RELATED LEGISLATIVE AND REGULATORY ISSUES AT ALL LEVELS.TO ASSUME AN ACTIVE ROLE IN THE DEVELOPMENT AND EDUCATION OF BUSINESS EMERGENCY PLANS.TO PROMOTE CITIZENSHIP AND PATRIOTISM WITHIN THE CHAMBER AND COMMUNITY.TO SERVE AS GOODWILL REPRESENTATIVES FOR THE CHAMBER ASSISTING WITH MANY CHAMBER FUNCTIONS AND EVENTS.

Program 2

BOARD OF DIRECTORS - TO IDENTIFY AND DEVELOP A CORPS OF FUTURE COMMUNITY LEADERS THROUGH VARIOUS ORIENTATIONS, WORKSHOPS AND PARTICIPATION IN PLANNING SESSIONS.

Program 3

THE ORGANIZATION RECEIVED GRANTS FROM THE STATE OF CALIFORNIA EMPLOYEE TRAINING PANEL TO CONTRACT WITH GLENDALE COLLEGE TO PROVIDE TRAINING TO ELIGIBLE MEMBERS OF THE COMMUNITY.

🔒

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 (2017)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $242,025

Investment Income $61,780

Other Revenue $71,885

TOTAL REVENUE $375,690

Expense Breakdown

Grants Paid $0

Salaries & Benefits $205,636

Fundraising Expenses $88,195

Other Expenses $149,099

TOTAL EXPENSES $354,735

Year-over-Year Comparison

	2017	2016	Change
Revenue	$375,690	$333,294	+0.1%
Expenses	$354,735	$376,384	-0.1%
Net Income	$20,955	$-43,090	-1.5%

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

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

$94,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARISOL ESPINOZA	Director	0.00	Director	$0	$0	$0
ERIC DAVIS-FERNALD	Director	0.00	Director	$0	$0	$0
KEVIN ROBERTS	Director	0.00	Director	$0	$0	$0
KATHY SIMONS	Director	0.00	Director	$0	$0	$0
FRANK SAITO	Director	0.00	Director	$0	$0	$0
ALEX BRUNO	Director	0.00	Director	$0	$0	$0
KEITH HOBBS	Director	0.00	Director	$0	$0	$0
NICK LEMMO	Director	0.00	Director	$0	$0	$0
MICHAEL SEVIGNY	Director	0.00	Director	$0	$0	$0
RUSS TANAKAYA	Director	0.00	Director	$0	$0	$0
DONOVAN GREEN	Director	0.00	Director	$0	$0	$0
TERESA SAMANIEGO	Director	0.00	Director	$0	$0	$0
ARMEN VARTANIAN	Director	0.00	Director	$0	$0	$0
WAYNE HERRON	Director	0.00	Director	$0	$0	$0
JAMES LITTLE	Director	0.00	Director	$0	$0	$0
LOUIE SADD	Vice President	0.00	Officer Director	$0	$0	$0
DAVID MACDONALD	Director	0.00	Director	$0	$0	$0
JOSE SIERRA	Vice President	0.00	Officer Director	$0	$0	$0
BRENT GARDNER	Director	0.00	Director	$0	$0	$0
GREG TAN	Director	0.00	Director	$0	$0	$0
TUANY VO	Director	0.00	Director	$0	$0	$0
JUDITH KENDALL	President & CEO	55.00	Officer	$85,000	$0	$85,000
MARIA WAYNE-KING	Vice President	0.00	Officer	$0	$0	$0
MARKO SWAN	Director	0.00	Officer	$0	$0	$0
PAT LIDDELL	Secretary	0.00	Officer	$0	$0	$0
TAGUHI SOGOMONYAN	Vice President	4.00	Officer	$9,600	$0	$9,600
JAMES DOUGHERTY	CFO	0.00	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
2018	$375,690	$354,735	$1,389,599	$20,955