Whittier Area Chamber of Commerce

EIN: 951371380

Whittier, CA

Total Revenue
$663,750
Total Expenses
$754,189
Total Assets
$675,957
Net Assets
$545,881
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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
1914
Legal Domicile
CA
Principal Officer
Curt Skotnicki
Phone
5626989554
Tax Period
2024-04-01 to 2025-03-31

Whittier Area Chamber of Commerce, founded in 1914, is a small nonprofit that reported $664K in total revenue in fiscal year 2024. Expenses of $754K exceeded revenue, resulting in a 14% operating deficit.

Mission

The mission of the WACC is to Connect, Convene, and Champion a thriving business community in the greater Whittier area.

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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 $546,433
Program Service Revenue $81,761
Investment Income $2,567
Other Revenue $32,989
TOTAL REVENUE $663,750

Expense Breakdown

Grants Paid $0
Salaries & Benefits $350,160
Fundraising Expenses $0
Program Expenses $164,377
Other Expenses $404,029
TOTAL EXPENSES $754,189

Year-over-Year Comparison

2024 2023 Change
Revenue $663,750 $688,064 0.0%
Expenses $754,189 $764,371 0.0%
Net Income $-90,439 $-76,307 +0.2%
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
18
Employees
5
Volunteers
34

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
$90,922
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shannon Gimbel-Hammer VP Sp. Evt. to Int. CEO (trans 8/24) 1.00
Officer Director
$0 $0 $0
Curt Skotnicki Board Member to Chair (trans 8/24) 1.00
Officer Director
$0 $0 $0
Nate Ploog VP Finance 1.00
Director
$0 $0 $0
RD McDonnell VP Business Information 1.00
Director
$0 $0 $0
John Bogdanov Ambassador Chair 1.00
Director
$0 $0 $0
Celia Alvarez Board Member 1.00
Director
$0 $0 $0
Liz Apodaca Board Member 1.00
Director
$0 $0 $0
Julia Emerson Board Member 1.00
Director
$0 $0 $0
Clarissa Estrada Board Member (end 1/25) 1.00
Director
$0 $0 $0
Linda Garrido Board Member 1.00
Director
$0 $0 $0
Paul Hernandez Board Member 1.00
Director
$0 $0 $0
Kevin Koga Board Member 1.00
Director
$0 $0 $0
Bruce Lazenby Board Member 1.00
Director
$0 $0 $0
Kwan Lee Board Member 1.00
Director
$0 $0 $0
Gina-Marie Lopez Board Member (end 7/24) 1.00
Director
$0 $0 $0
Antoinette Lou Board Member 1.00
Director
$0 $0 $0
Jere McDonald Jr Board Member (end 9/24) 1.00
Director
$0 $0 $0
Constanza Pachon Board Member 1.00
Director
$0 $0 $0
Marc Patterson Board Member 1.00
Director
$0 $0 $0
Meri Rama Board Member 1.00
Director
$0 $0 $0
Michael Seril Board Member 1.00
Director
$0 $0 $0
Nicole Shahenian President & CEO (end 8/24) 40.00
Officer
$84,900 $6,022 $90,922
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
2025 $663,750 $754,189 $675,957 $-90,439
2024 $688,064 $764,371 $767,322 $-76,307
2023 $763,389 $645,470 $792,771 $117,919
2022 $604,199 $495,197 $683,741 $109,002
2021 $492,398 $347,894 $558,573 $144,504
2020 $576,011 $605,971 $462,271 $-29,960
2019 $448,780 $440,772 $430,026 $8,008
2018 $390,569 $444,912 $414,966 $-54,343
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