ST ELIZABETH DEVELOPMENT CORPORATION (EIN 050506057) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

MATTHEW R TRIMBLE

Phone

4017737400

Tax Period

2023-01-01 to 2023-12-31

ST ELIZABETH DEVELOPMENT CORPORATION, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $102K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $136K exceeded revenue, resulting in a 33% operating deficit.

Mission

ST. ELIZABETH DEVELOPMENT CORPORATION WAS ESTABLISHED FOR THE EXCLUSIVE PURPOSES OF ACQUIRING PROPERTY AND HOLDING TITLE OF REAL AND PERSONAL PROPERTY ON BEHALF OF SAINT ELIZABETH HOME, THE CORPORATION'S SOLE CORPORATE MEMBER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $102,156

Investment Income $0

Other Revenue $0

TOTAL REVENUE $102,156

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $135,878

Other Expenses $135,878

TOTAL EXPENSES $135,878

Year-over-Year Comparison

	2023	2022	Change
Revenue	$102,156	$123,746	-0.2%
Expenses	$135,878	$165,387	-0.2%
Net Income	$-33,722	$-41,641	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$553,812

Total Directors

Key Employees

$186,370

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN W TILLEY	CHAIR	1.00	Officer Director	$0	$0	$0
CLAIRE C FLAHERTY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
STEVEN H KITCHIN	TREASURER	1.00	Officer Director	$0	$0	$0
JUDY W VIGAR	SECRETARY	1.00	Officer Director	$0	$0	$0
CRAIG W CARPENTER	IMMEDIATE PAST CHAIR	1.00	Director	$0	$0	$0
KRISTEN L DISANTO	TRUSTEE	1.00	Director	$0	$0	$0
ROBIN DZIUBA	TRUSTEE	1.00	Director	$0	$0	$0
FREDERICK G HARRISON	TRUSTEE	1.00	Director	$0	$0	$0
PETER HOLLMANN MD	TRUSTEE	1.00	Director	$0	$0	$0
E PAUL LARRAT PHD RPH	TRUSTEE	1.00	Director	$0	$0	$0
TIMOTHY MURRAY	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT H PEASE JR	TRUSTEE	1.00	Director	$0	$0	$0
MARK J PROVOST	TRUSTEE	1.00	Director	$0	$0	$0
KIMBERLEY RANALLI	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT SEABACK	TRUSTEE	1.00	Director	$0	$0	$0
PHILIP C SLOCUM	TRUSTEE	1.00	Director	$0	$0	$0
MATTHEW TRIMBLE	PRESIDENT & CEO	2.00	Officer	$0	$27,641	$321,663
MARK LOISELLE	CHIEF FINANCIAL OFFICER	2.00	Officer	$0	$16,189	$232,149
ROBERTA MERKLE	VP- STRATEGIC INITIATIVES	2.00	Key Emp	$0	$14,467	$186,370

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
2024	No data	No data	No data	No data
2023	$102,156	$135,878	$4,492,430	$-33,722
2022	$123,746	$165,387	$4,516,917	$-41,641
2021	$100,737	$159,661	$4,564,271	$-58,924
2020	$85,486	$150,672	$4,645,977	$-65,186
2019	$86,314	$147,948	$4,722,064	$-61,634
2018	$85,287	$129,836	$4,804,417	$-44,549

ST ELIZABETH DEVELOPMENT CORPORATION