- The Greater Gainesville Chamber of Commerce laid off four employees and put its downtown office up for sale due to a $250,000 shortfall.
- Chamber CEO Eric Godet will resign on Dec. 31 after seven years.
- The chamber plans an audit of 2026 books to prepare the incoming CEO and does not intend to reduce staff further.
The Greater Gainesville Chamber of Commerce laid off four employees this week and placed its downtown office up for sale as it restructures following a fourth-quarter financial shortfall.
Dr. Theresa Beachy, chair of the board of directors, said the chamber faced a $250,000 shortfall caused by multiple factors coming together coincidentally. She said the primary reason was lower than projected economic development and membership revenues.
Besides fiscal reshuffling, chamber CEO Eric Godet announced in October that he would resign after seven years at the helm. Godet’s tenure will end Dec. 31, and the chamber will start a search for a replacement in the spring.
Beachy said the chamber’s annual budget fluctuates but often sits around $1.1 million to $1.6 million. She said the shortfalls came together in the fourth quarter, and once the board realized an issue, it began to act.
The chamber asked the Community Foundation of North Central Florida for a bridge loan, but that request was denied.
“Because of other pressing needs in our community, the Community Foundation of North Central Florida did not approve a loan or provide funding to the Chamber,” Barzella Papa, the foundation’s president and CEO, said in a statement to Mainstreet Daily News.
The chamber also asked members for aid to fill the shortfall, and Beachy said the deficit was corrected along with a loan from a private donor.
“We’re optimistic about coming through the transition in the first quarter of next year and hoping to be a stronger, albeit smaller, chamber to tackle the post-COVID world,” Beachy said.
Losing four staff members is a 25% cut in the staff, and Beachy said the chamber aims to focus on member priorities, which could mean programming changes. She said the Greater Gainesville Chamber of Commerce had previously discussed moving from its current building (300 E University Ave. # 100).
Beachy said the center of business in Gainesville has shifted over the years, and the chamber will try to relocate to a strong commercial area, like off US 441 or NW 43rd Street.
She said as local businesses get bought by national companies, the chamber sees the impact as those new owners interact with chambers differently. She said the economic climate and a few investments that failed to come through also hurt the financials.
Immediately adjusting staff levels and building needs allows the chamber to prevent any long-term problems, Beachy said, versus trying to keep all staff and survive in the same building, which could elongate the issue.
The Greater Gainesville Chamber of Commerce hasn’t had a recent audit. Beachy said no one funding the chamber has required one, but the board always received regular financial updates.
She said an audit of the 2026 books will happen to ensure the new CEO enters with full awareness of what’s happening with the chamber. Beachy said the chamber doesn’t plan to further reduce staff.
Editor’s note: This story has been updated with a quote from Barzella Papa and a correction to reflect that the Community Foundation of North Central Florida did not provide a bridge loan to the chamber.
Stimulate the real estate market! Sell your building1 Show your support for East Gainesville and downtown by moving!
Move to somewhere bogie. Celebration Pointe, yea there’s the future.
Seriously, this part is telling. “as local businesses get bought by national companies, the chamber sees the impact as those new owners interact with chambers differently” Differently, as in LESS. Hear this, County Commission? Your bent to promote sports tourism benefits out of town hotel owners, not local businesses.
In contrast to Greater Gainesville Chamber of Commerce the Ocala and the Jacksonville Chambers are thriving because they, unlike Greater Gainesville Chamber of Commerce, embrace development and run leaner machines. As a taxpayer I see this cutback as a positive. Maybe (just maybe) the new team will operate smarter and more efficiently in the future.Now that GRU stopped filling their slush fund coffers the cuts are finally happening in Gainesville. Pass the popcorn – more to come.
The local climate in Gainesville is anti business pro homeless pro giveaways.
Everything the city touches
Is a cesspool of waste
,
This is a shame, especially knowing other Chambers around the state are doing quite well. What are they doing that our Chamber is not? How are they thriving, serving their local business communities in the 21t Century? That’s for them to figure out. And, no, the Chamber’s problems have nothing to do with local government, city nor county.
While the Ocala and Jacksonville Chambers of Commerce grow and succeed by embracing development and operating like responsible organizations, the Greater Gainesville Chamber has been busy perfecting incompetence, bloat, and ideological gatekeeping. As a taxpayer, these cuts aren’t unfortunate they’re overdue. This isn’t “belt-tightening,” it’s the collapse of a failed model that survived only by siphoning money it didn’t earn. Now that GRU is no longer stuffing their slush fund, the illusion is gone and the consequences have arrived. Gainesville is finally being forced to live within its means. The gravy train has derailed, accountability is knocking, and the fallout has only just begun. Grab the popcorn.
It is not controlled by nor funded by City of Gville
Wrong.
You folks who commented on this article: you DO know that the Gainesville Chamber of Commerce is NOT a government agency, right? It operates on MEMBERSHIP DUES, not taxes or GRU funds, and those dues are paid primarily by the BUSINESSES of the area, not by us taxpayers.
Guess it wasn’t “serving” the “customers” well! Hairsplitting aside – good riddance to 25% who didn’t serve businesses as they deserve.
Local businesses can’t afford their membership dues because they are spending any profits on defending themselves ( or paying the scammer) from the scam lawsuits that are hitting them. Maybe the chamber of commerce could come up with some help for them? What do businesses get in return for their dues anyway?