HIC INDUSTRIAL CENTER

EIN: 202078858

HUNTINGTON, WV

Total Revenue
$137,556
Total Expenses
N/A
Total Assets
$1,781,112
Net Assets
$1,330,489
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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
2004
Legal Domicile
WV
Principal Officer
DAVID H LIEVING
Phone
3045251161
Tax Period
2023-01-01 to 2023-12-31

HIC INDUSTRIAL CENTER, founded in 2004, is a small nonprofit that reported $138K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year.

Mission

ECONOMIC DEVELOPMENT IN THE METRO REGION OF HUNTINGTON, WEST VIRGINIA

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $137,556
TOTAL REVENUE $137,556

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $137,556 $164,505 -0.2%
Expenses N/A N/A N/A
Net Income N/A $164,505 N/A
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

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Governance

Voting Members
36
Independent Members
36
Employees
N/A
Volunteers
36

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
5
$120,000
Total Directors
36
$120,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID LIEVING PRESIDENT 2.00
Officer Director
$0 $0 $120,000
D SPENCER MURPHY BOARD CHAIRMAN 2.00
Officer Director
$0 $0 $0
JOHN STUMP VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
SCOTT A RIEDEL SECRETARY 2.00
Officer Director
$0 $0 $0
MARK MORGAN TREASURER 2.00
Officer Director
$0 $0 $0
HEATHER VANATER BOARD MEMBER 2.00
Director
$0 $0 $0
STEVEN G STEWART BOARD MEMBER 2.00
Director
$0 $0 $0
LIZA CALDWELL BOARD MEMBER 2.00
Director
$0 $0 $0
RYAN SAXE BOARD MEMBER 2.00
Director
$0 $0 $0
BILL JONES BOARD MEMBER 2.00
Director
$0 $0 $0
BEN NEWHOUSE BOARD MEMBER 2.00
Director
$0 $0 $0
STEVE WILLIAMS BOARD MEMBER 2.00
Director
$0 $0 $0
JIM FITZWATER BOARD MEMBER 2.00
Director
$0 $0 $0
L ALLEN BURNER BOARD MEMBER 2.00
Director
$0 $0 $0
DANIEL A EARL BOARD MEMBER 2.00
Director
$0 $0 $0
MATTHEW M WAGNER BOARD MEMBER 2.00
Director
$0 $0 $0
CATHY BURNS BOARD MEMBER 2.00
Director
$0 $0 $0
TRICIA BALL BOARD MEMBER 2.00
Director
$0 $0 $0
STEPHEN J GOLDER BOARD MEMBER 2.00
Director
$0 $0 $0
BRAD D SMITH BOARD MEMBER 2.00
Director
$0 $0 $0
DR JOHN M MAHER BOARD MEMBER 2.00
Director
$0 $0 $0
TONEY STROUD BOARD MEMBER 2.00
Director
$0 $0 $0
DR KEVIN YINGLING BOARD MEMBER 2.00
Director
$0 $0 $0
JOSH BAKER BOARD MEMBER 2.00
Director
$0 $0 $0
CR NEIGHBORGALL IV BOARD MEMBER 2.00
Director
$0 $0 $0
KEITH BURDETTE BOARD MEMBER 2.00
Director
$0 $0 $0
ANDY BOWEN BOARD MEMBER 2.00
Director
$0 $0 $0
CHUCK OLDAKER JR BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN SPOOR BOARD MEMBER 2.00
Director
$0 $0 $0
GEOFFREY SHIELS BOARD MEMBER 2.00
Director
$0 $0 $0
ANDREW DAWSON BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS TATUM BOARD MEMBER 2.00
Director
$0 $0 $0
JEFF MADDOX BOARD MEMBER 2.00
Director
$0 $0 $0
LARRY S CASTLE BOARD MEMBER 2.00
Director
$0 $0 $0
TOBY TAYLOR BOARD MEMBER 2.00
Director
$0 $0 $0
NICHOLAS MAYO BOARD MEMBER 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
2024 No data No data No data No data
2023 $137,556 No data $1,781,112 No data
2022 $164,505 No data $1,744,408 No data
2021 $140,014 No data $1,578,158 No data
2020 $129,449 No data $1,455,314 No data
2019 $134,577 No data $1,334,064 No data
2018 $99,777 No data $1,702,488 No data
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