UTILITY ECONOMIC DEVELOPMENT ASSOC… - 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

2001

Legal Domicile

Principal Officer

ANGELA ROGERS

Phone

5019045228

Tax Period

2023-01-01 to 2023-12-31

UTILITY ECONOMIC DEVELOPMENT ASSOCIATION, founded in 2001, is a small nonprofit in the Community Improvement sector that reported $231K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $258K exceeded revenue, resulting in a 12% operating deficit.

Mission

PROVIDE EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR ECONOMIC DEVELOPMENT OF CERTAIN UTILITIES

Program Service Accomplishments

Program 1

SPRING FORUM WAS HELD APRIL 17 THROUGH 20, 2023,IN ST. LOUIS, MISSOURI. SESSION TOPICS INCLUDED "U.S. ECONOMIC OUTLOOK ON LABOR MARKETS, INFLATION AND INTEREST RATES". "SITE SELECTION CRITERIA FOR...

SPRING FORUM WAS HELD APRIL 17 THROUGH 20, 2023,IN ST. LOUIS, MISSOURI. SESSION TOPICS INCLUDED "U.S. ECONOMIC OUTLOOK ON LABOR MARKETS, INFLATION AND INTEREST RATES". "SITE SELECTION CRITERIA FOR RENEWABLE ENERGY: WHAT DISQUALIFIES MOST COMMUNITIES", "MAKING THE CUT: FACTORS DRIVING TODAY'S SITE SELECTION DECISIONS", "THE FUTURE OF THE GAS INDUSTRY", "ELECTRIC AND GAS UTILITIES AND SITE SELECTION", "RELIABILITY AND RESILIENCE", AND "EVEN SUPERHEROES NEED PEP TALKS". A BOARD MEETING AND MEMBERSHIP COMMITTEE MEETINGS WERE ALSO CONDUCTED.FALL FORUM WAS HELD SEPTEMBER 25 THROUGH 28, 2023 IN ASHEVILLE, NORTH CAROLINA. SESSION TOPICS INCLUDED "IF YOU COULD BUILD A COMPANY FROM SCRATCH WHAT WOULD YOU DO?" "ECONOMIC OUTLOOK UPDATE", "A.I. AND DATA CENTER SITE SELECTION", "GROWING UTILITY CAPACITY AND THE IMPACT IN SITE SELECTION", "SITE SELECTION INDUSTRY TRENDS", AND "UTILITY OWNED INDUSTRIAL LAND DEVELOPMENT". A BOARD MEETING AND MEMBERSHIP COMMITTEE MEETINGS WERE ALSO CONDUCTED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $230,465

Investment Income $619

Other Revenue $0

TOTAL REVENUE $231,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $257,988

TOTAL EXPENSES $257,988

Year-over-Year Comparison

	2023	2022	Change
Revenue	$231,084	$181,967	+0.3%
Expenses	$257,988	$218,690	+0.2%
Net Income	$-26,904	$-36,723	-0.3%

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

N/A

Employees

N/A

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
ANGELA ROGERS	Executive Dir.	35.00	Director	$0	$0	$0
PAT KELLY	President	5.00	Director	$0	$0	$0
KELLY PATTON	Vice President	5.00	Director	$0	$0	$0
ALBA WEAVER	Secretary	5.00	Director	$0	$0	$0
PAM CHRISTENSON	Treasurer	5.00	Director	$0	$0	$0
LAWRENCE ACOSTA	Director	2.00	Director	$0	$0	$0
RICK EDWARDS	Director	2.00	Director	$0	$0	$0
PEGGY EHORA	Director	2.00	Director	$0	$0	$0
THERESA GARZA	Director	2.00	Director	$0	$0	$0
BRIAN GILDEA	Director	2.00	Director	$0	$0	$0
JOHN GEIB	Director	2.00	Director	$0	$0	$0
DAN PFEIFFER	Director	2.00	Director	$0	$0	$0
PERRY PERTUIT	Director	2.00	Director	$0	$0	$0
SHAWN PINGLETON	Director	2.00	Director	$0	$0	$0
MELISSA ROGERS	Director	2.00	Director	$0	$0	$0
JOE RUSSO	Director	2.00	Director	$0	$0	$0
ED SITAR	Director	2.00	Director	$0	$0	$0
TIM WELLS	Director	2.00	Director	$0	$0	$0
ERIC WHITFIELD	Director	2.00	Director	$0	$0	$0
TOMMY YOUNG	Director	2.00	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	$231,084	$257,988	$170,459	$-26,904
2019	$210,151	$216,625	$254,482	$-6,474
2018	$221,053	$195,804	$273,796	$25,249

UTILITY ECONOMIC DEVELOPMENT ASSOCIATION