AI Transparency Report
Gateway Regional Chamber Of Commerce Inc has experienced a significant decline in revenue and an increase in expenses over the past two fiscal periods, leading to net losses. In fiscal year 2024, revenue was $284,642 against expenses of $417,975, resulting in a deficit of $133,333. This follows a deficit of $56,653 in fiscal year 2023. While the organization has maintained zero liabilities in recent years, the trend of declining revenue from a peak of $768,686 in 2019 to $284,642 in 2024, coupled with rising expenses, suggests potential financial strain. The organization's assets have also shown a downward trend from $460,609 in 2021 to $209,810 in 2024, indicating a depletion of reserves. The consistent reporting of 0% officer compensation across all filings suggests good transparency regarding executive pay, but the overall financial health appears to be deteriorating.