Greater Newport Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 930350614
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Newport, OR, USA
- Phone
- 5412658801
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $659,837
- Expenses
- $816,821
- Assets
- $380,003
- Liabilities
- $115,856
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- PAUL SCHUYTEMA (PRESIDENT)
Highest reported compensation
- WAYNE PATTERSON (EXECUTIVE DI): $105,297 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote the civic, commercial, agricultural, tourist, marine and industrial welfare of the city of newport, Oregon and surrounding communities and economic area.
What it reported doing in 2024
Tourism promotes the city of newport and the surrounding community as a tourist destination by providing informational resources to area visitors on where to eat, where to stay, what to do, sights to see, maps, scheduled events, a regularly updated website and social media, and a visitor center, all in an effort to give enjoyment, entertainment, and reasons for visitors to return to the newport area. This program is funded primarily through a grant from the city of newport consisting of room tax receipts designated for reinvestment, and operates under the direction of the city manager and city council in coordination with the destination newport committee to compliment the city's advertising program. The Oregon tourism commission provided funds to gncc to promote tourism to out-of-state and international audiences to visit the newport area of Oregon. Regional alignment funds are also used to promote tourism to those living beyond Oregon, as well as developing in-state tourism products and tourism businesses. Regional resource funds are used for gncc to develop a regional tourism strategy that outlines priority initiatives and reflects potential future activities in such areas as regional branding and marketing, increasing international visitors, improving or expanding product and business development, and improving visitor experiences in the region.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 90
- Accountability: 79
- Sustainability: 16
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78%; rating input score 78
- Program expense ratio: 63%; rating input score 63
- Fundraising efficiency: $1.93 raised per $1 spent on fundraising; rating input score 5; 5th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -23.8%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 0.47; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.3; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 12.9%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 10.6% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: 2.8% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: 10.2% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 78% of revenue deployed · 63% of spending went to programs
- Governance: 16 of 16 board members independent · 4 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $514K in reported program spending
- Leadership: top reported pay $105K · 17 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 4 filed schedules
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 5/100.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Sustainability: Operating margin scored 8/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.
- High — Sustainability: Officer compensation ratio scored 28/100.