CORAOPOLIS COMMUNITY DEVELOPMENT CORPORATION

EIN: 205398661 501(c)(3) Human Services

CORAOPOLIS, PA

Total Revenue
$1,071,910
Total Expenses
$523,864
Total Assets
$3,340,179
Net Assets
$2,511,647
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
PA
Principal Officer
RANDON WILLARD
Phone
4123297660
Tax Period
2024-01-01 to 2024-12-31

CORAOPOLIS COMMUNITY DEVELOPMENT CORPORATION, founded in 2006, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 109% from the prior year, signaling strong growth momentum. The organization ran a surplus of $548K, a strong 51% operating margin.

Mission

CORAOPOLIS COMMUNITY DEVELOPMENT CORPORATION WORKS TOWARD THE EQUITABLE GROWTH AND REVITALIZATION OF CORAOPOLIS BY PROVIDING RESIDENTS WITH TOOLS TO LEAD TO SELF-SUFFICIENCY; CONTINUING TO GROW THE TOWN'S BUSINESS DISTRICT; AND IMPROVING THE OVERALL QUALITY OF LIFE IN OUR COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $975,277
Program Service Revenue $0
Investment Income $0
Other Revenue $96,633
TOTAL REVENUE $1,071,910

Expense Breakdown

Grants Paid $56,703
Salaries & Benefits $149,069
Fundraising Expenses $53,326
Program Expenses $277,983
Other Expenses $318,092
TOTAL EXPENSES $523,864

Year-over-Year Comparison

2024 2023 Change
Revenue $1,071,910 $511,810 +1.1%
Expenses $523,864 $531,898 0.0%
Net Income $548,046 $-20,088 -28.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
2
Volunteers
750

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
$78,600
Total Directors
12
$78,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDON WILLARD EXECUTIVE DIRECTOR 40.00
Officer Director
$72,600 $6,000 $78,600
MICHAEL FINNELL PRESIDENT OF THE BOARD 1.00
Officer Director
$0 $0 $0
DAVID DEMAREE VICE PRESIDENT OF THE BOARD 1.00
Officer Director
$0 $0 $0
NICOLE CHYNOWETH CORPORATE SECRETARY 1.00
Officer Director
$0 $0 $0
SHAWN REED BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER ROLINSON BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL HAUSER BOARD MEMBER 1.00
Director
$0 $0 $0
SAM JAMPETRO BOARD MEMBER, EMERITUS 1.00
Director
$0 $0 $0
DAVID KASPER BOARD MEMBER 1.00
Director
$0 $0 $0
VINCENT TUCCERI ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
KISHMAS DECASTRO-SALLIS BOARD MEMBER 1.00
Director
$0 $0 $0
MIA BYRGE BOARD MEMBER 1.00
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 $1,071,910 $523,864 $3,340,179 $548,046
2023 $511,810 $531,898 $2,677,944 $-20,088
2022 $1,486,838 $506,912 $2,279,942 $979,926
2021 $646,812 $345,988 $1,197,204 $300,824
2020 $552,833 $287,437 $922,346 $265,396
2019 $137,632 $106,713 $584,542 $30,919
2018 $69,411 $68,526 $553,623 $885
2017 $101,474 $71,882 $576,314 $29,592
2016 $327,646 $32,783 $452,008 $294,863
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