SANTA BARBARA SOUTH COAST CHAMBER … - Form 990 Financial Data

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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

1947

Legal Domicile

Phone

8059672500

Tax Period

2024-01-01 to 2024-12-31

SANTA BARBARA SOUTH COAST CHAMBER OF COMMERCE, founded in 1947, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024.

Mission

THE MISSION OF THE SANTA BARBARA SOUTH COAST CHAMBER OF COMMERCE IS TO CREATE A STRONG LOCAL ECONOMY, PROMOTE THE COMMUNITY, PROVIDE BUSINESS RESOURCES AND NETWORKING OPPORTUNITIES AND REPRESENT BUSINESS TO THE GOVERNMENT.

Program Service Accomplishments

Program 1

BUSINESS ADVOCACY AND SUPPORT - VARIOUS MEETING MIXERS TO FOSTER BUSINESS RELATIONS IN THE GOLETA, SANTA BARBARA AND CARPINTERIA AREA, GENERAL BUSINESS ADVOCACY IN THE COMMUNITY. DAILY STAFF AND...

BUSINESS ADVOCACY AND SUPPORT - VARIOUS MEETING MIXERS TO FOSTER BUSINESS RELATIONS IN THE GOLETA, SANTA BARBARA AND CARPINTERIA AREA, GENERAL BUSINESS ADVOCACY IN THE COMMUNITY. DAILY STAFF AND OFFICE SUPPORT OF THESE EFFORTS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,244,277

Program Service Revenue $343,792

Investment Income $57

Other Revenue $577,244

TOTAL REVENUE $2,165,370

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,336,498

Fundraising Expenses $0

Other Expenses $867,288

TOTAL EXPENSES $2,203,786

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,165,370	$2,099,030	+0.0%
Expenses	$2,203,786	$2,135,661	+0.0%
Net Income	$-38,416	$-36,631	+0.0%

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

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

Total Directors

$617,042

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTEN MILLER	President & CEO	40.00	Director	$239,454	$0	$239,454
CORTNEY M HEBERT	COO	40.00	Director	$170,708	$0	$170,708
MARY LYNN HARMS-ROMO	DIR OF COMM	40.00	Director	$115,580	$0	$115,580
MICHELE SCHNEIDER	DIR OF BUS DEV	40.00	Director	$91,300	$0	$91,300
MICHAEL COHEN	Director	1.00	Director	$0	$0	$0
ANNE PAZIER	IMMED PASTCHAIR	1.00	Officer Director	$0	$0	$0
JOHN LONGBRAKE	Director	1.00	Director	$0	$0	$0
MITCHELL SJERVEN	Director	1.00	Director	$0	$0	$0
LIZ RODRIGUEZ	Vice Chair	1.00	Officer Director	$0	$0	$0
LISA HORNER	Director	1.00	Director	$0	$0	$0
RON CAIRD	Director	1.00	Director	$0	$0	$0
KIRSTEN MCLAUGHLIN	Director	1.00	Director	$0	$0	$0
JULIANA RAMIREZ	Director	1.00	Director	$0	$0	$0
RICK BOLLER	MEMBER	1.00	Officer Director	$0	$0	$0
LAUREL SYKES	Treasurer	1.00	Officer Director	$0	$0	$0
JENS BAAKE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
BLAKE BRADLEY	Director	1.00	Director	$0	$0	$0
AMY STEINFELD	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MARK KORTE-NAHABEDIAN	Director	1.00	Director	$0	$0	$0
TYLER DUNCAN	Director	1.00	Director	$0	$0	$0
LINDSEY CORTINA	Director	1.00	Director	$0	$0	$0
TEDDY CABUGOS	Director	1.00	Director	$0	$0	$0
DR LEONIE MATTISON	Director	1.00	Director	$0	$0	$0
RANDY BERG	Chairman	1.00	Officer Director	$0	$0	$0
RANDAL HERNANDEZ	Director	1.00	Director	$0	$0	$0
PAM TANASE	Director	1.00	Officer Director	$0	$0	$0
CARA WILLIAMS	Director	1.00	Director	$0	$0	$0
ANGELA KRABLIN	Director	1.00	Director	$0	$0	$0
CHRISTOPHER HASTERT	Director	1.00	Director	$0	$0	$0
SACHI THOMPSON	Vice Chair	1.00	Officer Director	$0	$0	$0
DR ERIKA ENDRIJONAS	Director	1.00	Director	$0	$0	$0
TOM PATTON	VICE CHAIR	1.00	Officer 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	$2,165,370	$2,203,786	$204,149	$-38,416
2023	$2,099,030	$2,135,661	$170,272	$-36,631
2022	$1,684,811	$1,923,553	$215,128	$-238,742
2021	$1,767,681	$1,670,843	$436,768	$96,838
2020	$1,064,479	$1,123,098	$314,090	$-58,619
2019	$877,694	$908,633	$70,754	$-30,939
2018	$849,415	$836,525	$99,551	$12,890

SANTA BARBARA SOUTH COAST CHAMBER OF COMMERCE