BENNINGTON COUNTY INDUSTRIAL CORPORATION (EIN 030198015) - Form 990 Financial Analysis & Trantor Score

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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

1957

Legal Domicile

Principal Officer

WILLIAM COLVIN

Phone

8024420713

Tax Period

2025-01-01 to 2025-06-30

BENNINGTON COUNTY INDUSTRIAL CORPORATION, founded in 1957, is a small nonprofit that reported $231K in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring. Net assets of $4.5M represent 236 months of operating reserves.

Mission

INDUSTRIAL DEVELOPMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,170

Investment Income $224,972

Other Revenue $0

TOTAL REVENUE $231,142

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $237,430

TOTAL EXPENSES $237,430

Year-over-Year Comparison

	2024	2023	Change
Revenue	$231,142	$519,506	-0.6%
Expenses	$237,430	$477,815	-0.5%
Net Income	$-6,288	$41,691	-1.2%

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

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
RICHARD ZENS	PRESIDENT	2.00	Officer Director	$0	$0	$0
DOUGLASS BALL	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
BRIAN MCKENNA	TREASURER	2.00	Officer Director	$0	$0	$0
JAMES BROWN	SECRETARY	2.00	Officer Director	$0	$0	$0
DIMITRI GARDER	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN BISACCIO	DIRECTOR	1.00	Director	$0	$0	$0
PAUL W CARROCCIO	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN DAILEY	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
JAMES SALERNO	DIRECTOR	1.00	Director	$0	$0	$0
MICK GOLDSMITH	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE OTTE STETSON	DIRECTOR	1.00	Director	$0	$0	$0
ROB BAHNY	DIRECTOR	1.00	Director	$0	$0	$0
JEANNIE JENKINS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID REES	DIRECTOR	1.00	Director	$0	$0	$0
WENDY MORSE	DIRECTOR	1.00	Director	$0	$0	$0
BILL BERG	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN LENT	DIRECTOR	1.00	Director	$0	$0	$0
JASON DOLMETSCH	DIRECTOR	1.00	Director	$0	$0	$0
PETER ODIERNA	DIRECTOR	1.00	Director	$0	$0	$0
CATHERINE MCCLURE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM COLVIN	EXECUTIVE DI	5.00	Officer	$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	$231,142	$237,430	$15,753,670	$-6,288
2024	$519,506	$477,815	$15,759,447	$41,691
2023	$415,323	$419,243	$16,814,581	$-3,920
2022	$410,366	$10,533	$17,119,093	$399,833
2021	$1,741,513	$189,226	$16,810,870	$1,552,287
2020	$944,561	$172,397	$19,210,159	$772,164
2019	$2,624,162	$226,353	$18,650,799	$2,397,809
2018	$218,339	$203,993	$2,727,195	$14,346

BENNINGTON COUNTY INDUSTRIAL CORPORATION