MORRO BAY 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

1948

Legal Domicile

Principal Officer

STEPHEN PECK

Phone

8057724467

Tax Period

2023-01-01 to 2023-12-31

MORRO BAY CHAMBER OF COMMERCE, founded in 1948, is a small nonprofit that reported $269K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $315K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE MORRO BAY CHAMBER OF COMMERCE EMPOWERS BUSINESS THROUGH CONNECTION, ADVOCACY, AND EDUCATION.

Program Service Accomplishments

Program 1

WE SERVE AS AN ADVOCATE ON BEHALF OF OUR BUSINESS COMMUNITY AND PROMOTE A LOCAL ECONOMY OF OPPORTUNITY.

🔒

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 $227,515

Program Service Revenue $11,798

Investment Income $0

Other Revenue $30,170

TOTAL REVENUE $269,483

Expense Breakdown

Grants Paid $0

Salaries & Benefits $209,466

Fundraising Expenses $0

Other Expenses $105,456

TOTAL EXPENSES $314,922

Year-over-Year Comparison

	2023	2022	Change
Revenue	$269,483	$527,677	-0.5%
Expenses	$314,922	$513,192	-0.4%
Net Income	$-45,439	$14,485	-4.1%

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
RAY RIORDAN	VICE-CHAIRPE	3.00	Officer Director	$0	$0	$0
DEAN SULLIVAN	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
CHERISE HANSSON	CHAIRPERSON	3.00	Officer Director	$0	$0	$0
ANNA PATEL	SECRETARY	2.00	Officer Director	$0	$0	$0
STEPHEN PECK	TREASURER	5.00	Officer Director	$0	$0	$0
GLORIA ZION	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
JUDY SALAMACHA	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
PAUL BOISCLAIR	BOARD MEMBER	3.00	Officer Director	$0	$0	$0
BOB FOWLER	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
LEXY JACOBS	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
RYAN BELVINS	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
LOREN LEIDINGER	BOARD MEMBER	2.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$269,483	$314,922	$153,305	$-45,439
2022	$527,677	$513,192	$220,838	$14,485
2021	$244,406	$204,381	$206,053	$40,025
2020	$210,444	$231,884	$167,621	$-21,440
2019	$121,682	$115,391	$111,044	$6,291
2018	$239,776	$213,699	$101,865	$26,077