CUYAHOGA HEIGHTS COMMUNITY IMPROVEMENT CORPORATION

EIN: 202907894 Community Improvement

CLEVELAND, OH

Total Revenue
$1,198,912
Total Expenses
$801,298
Total Assets
$2,996,700
Net Assets
$1,565,853
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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
1982
Legal Domicile
OH
Principal Officer
JACK BACCI
Phone
2166417020
Tax Period
2023-01-01 to 2023-12-31

CUYAHOGA HEIGHTS COMMUNITY IMPROVEMENT CORPORATION, founded in 1982, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2023. The organization ran a surplus of $398K, a strong 33% operating margin.

Mission

TO PROMOTE THE BEAUTIFICATION, BUSINESS RETENTION AND VARIOUS TAX INCENTIVES FOR THE VILLAGE OF CUYAHOGA HEIGHTS, OHIO.

Program Service Accomplishments

Program 1
Expenses: $801,298 Revenue: $748,169

CONSULTANTS, SILVERLODE CONSULTING INC., WERE RETAINED BY THE BOARD OF TRUSTEES TO ASSIST THE VILLAGE OFFICIALS WITH PROMOTING ECONOMIC DEVELOPMENT WITHIN THE COMMUNITY AND TO RETAIN EXISTING...

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CONSULTANTS, SILVERLODE CONSULTING INC., WERE RETAINED BY THE BOARD OF TRUSTEES TO ASSIST THE VILLAGE OFFICIALS WITH PROMOTING ECONOMIC DEVELOPMENT WITHIN THE COMMUNITY AND TO RETAIN EXISTING BUSINESSES.

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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 $450,000
Program Service Revenue $0
Investment Income $743
Other Revenue $748,169
TOTAL REVENUE $1,198,912

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $801,298
Other Expenses $801,298
TOTAL EXPENSES $801,298

Year-over-Year Comparison

2023 2022 Change
Revenue $1,198,912 $1,119,010 +0.1%
Expenses $801,298 $259,123 +2.1%
Net Income $397,614 $859,887 -0.5%
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
9
Independent Members
9
Employees
N/A
Volunteers
9

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACK BACCI PRESIDENT 0.50
Officer Director
$0 $0 $0
TODD BLOAM VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
STANLEY R CENTA TRUSTEE 0.50
Director
$0 $0 $0
BENJAMIN CHOJNACKI SECRETARY 1.00
Officer Director
$0 $0 $0
RENATO CONTIPELLI TRUSTEE 0.50
Director
$0 $0 $0
LOIS HENLEY TRUSTEE 0.50
Director
$0 $0 $0
ANGEL MERIWETHER TREASURER 5.00
Officer Director
$0 $0 $0
ROBERT UNGER TRUSTEE 0.50
Director
$0 $0 $0
DAVID VOLEK TRUSTEE 0.50
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 $1,198,912 $801,298 $2,996,700 $397,614
2022 $1,119,010 $259,123 $1,719,288 $859,887
2021 $-76,810 $385,967 $776,434 $-462,777
2020 $796,748 $671,591 $1,571,592 $125,157
2019 $225,898 $180,733 $850,535 $45,165
2018 $856,335 $846,351 $864,130 $9,984
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