HARRISBURG, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HARRISTOWN DEVELOPMENT CORPORATION, founded in 1974, is a mid-sized nonprofit that reported $18.7M in total revenue in fiscal year 2023.
PROMOTE, PROVIDE & INCREASE SOCIAL, CULTURAL AND ECONOMIC ACTIVITY. EXCEL IN URBAN PLANNING AND DEVELOPMENT. OPERATE AND MANAGE EFFICIENTLY, EFFECTIVELY AND ETHICALLY. PARTNER WITH PUBLIC, PRIVATE AND NON-PROFIT GROUPS AND INDIVIDUALS. LINK THE DOWNTOWN TO HARRISBURG'S REGIONAL COMMUNITY. ENHANCE IN ALL WAYS POSSIBLE DOWNTOWN'S QUALITY AND CHARACTER OF LIFE FOR ALL RESIDENTS, BUSINESSES, EMPLOYEES, CUSTOMERS AND VISITORS.
THE CORPORATION WAS INCORPORATED AS A PENNSYLVANIA NONPROFIT CORPORATION FORMED FOR THE PURPOSE OF COMBATING COMMUNITY DETERIORATION; AMELIORATING THE PROBLEMS OF CRIME AND JUVENILE DELINQUENCY...
THE CORPORATION WAS INCORPORATED AS A PENNSYLVANIA NONPROFIT CORPORATION FORMED FOR THE PURPOSE OF COMBATING COMMUNITY DETERIORATION; AMELIORATING THE PROBLEMS OF CRIME AND JUVENILE DELINQUENCY; ENHANCING THE QUALITY OF THE SOCIAL, CULTURAL AND ECONOMIC LIFE OF THE COMMUNITY; AND PROMOTING PARTICIPATION IN COMMUNITY DEVELOPMENT. IN ACCORDANCE WITH THE GOALS SET FORTH ABOVE, THE CORPORATION PROVIDES PLANNING, PROPERTY MANAGEMENT, DIRECT AND INDIRECT PARTICIPATION IN THE REDEVELOPMENT AND REVITALIZATION OF THE CENTRAL BUSINESS DISTRICT IN THE CITY OF HARRISBURG, PENNSYLVANIA. THE RESULTS OF THE DIRECT EFFORTS INCLUDE A HOTEL AND CONVENTION CENTER; A RETAIL MALL; COMMERCIAL OFFICES; RESIDENTIAL HOUSING; PARKING GARAGES; A RENOVATED TRANSPORTATION CENTER AND BUS TRANSFER STATION; A SCIENCE CENTER; AND SUBSTANTIAL INFRASTRUCTURE IMPROVEMENTS INCLUDING CURBS, SIDEWALKS, STREETLIGHTS AND SUCH AMENITIES AS TREES AND TRAFFIC PULL-OFFS, ALL DESIGNED TO FURTHER THE BEST INTERESTS OF THE CITIZENS OF THE CITY. THE INDIRECT EFFORTS, PRIMARILY REFINANCING AND PLANNING ASSISTANCE TO PRIVATE DEVELOPERS, HAVE PRODUCED ALMOST TWO HUNDRED HOUSING UNITS AND SEVERAL RENOVATED BUILDINGS CONTAINING STOREFRONTS AND APARTMENTS. THE CORPORATION ACHIEVES ITS OBJECTIVES WITHOUT AWARDING GRANTS OR ALLOCATING FUNDS BEYOND ITS OWN CORPORATE STRUCTURE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $18,703,048 | $18,623,535 | +0.0% |
| Expenses | $18,200,105 | $18,013,888 | +0.0% |
| Net Income | $502,943 | $609,647 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DAVID E BLACK | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| J MARC KUROWSKI | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DANIEL J ALDERMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CRYSTAL BROWN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN O CAMPBELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROL P COCHERES ESQUIRE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JULIA COELHO ESQUIRE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KAREN GUNNISON ESQUIRE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RAYMOND B HARRIS III | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KURT KNAUS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN MOREFIELD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSICA RITCHIE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS B SCHMIDT III ESQUIRE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN SIDER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELE WASHKO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JUSTIN WEBER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY WEBBER WESTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KAREN C YARRISH ESQUIRE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRADLEY R JONES | PRESIDENT & CEO | 30.00 |
Officer
|
$0 | $33,673 | $326,050 |
| HANNAH DOWD MCPHELIN START 11822 | VP & GENERAL COUNSEL | 30.00 |
Officer
|
$0 | $12,921 | $222,524 |
| JULIEN GAUDION | VICE PRESIDENT | 10.00 |
Officer
|
$0 | $14,400 | $200,542 |
| ANDREW S MCCLEAF | VP, TREASURER, CFO | 30.00 |
Officer
|
$0 | $25,825 | $202,925 |
| CAROL G ROSSI | VICE- PRESIDENT | 10.00 |
Officer
|
$0 | $5,656 | $173,026 |
| JULIE SHADE | ASST SECRETARY | 30.00 |
Officer
|
$0 | $10,659 | $76,229 |
| ASHLEY JAMES | ASST SECRETARY | 30.00 |
Officer
|
$0 | $10,360 | $63,212 |
| DENISE TREASTER | ASST SECRETARY | 10.00 |
Officer
|
$0 | $10,208 | $58,834 |
| NEAL S WEST | SENIOR VP & GENERAL COUNSE | 30.00 |
|
$0 | $8,019 | $154,354 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $18,703,048 | $18,200,105 | $36,935,825 | $502,943 |
| 2022 | $18,623,535 | $18,013,888 | $35,734,091 | $609,647 |
| 2021 | $19,028,512 | $17,201,888 | $29,766,695 | $1,826,624 |
| 2020 | $18,204,179 | $16,700,331 | $28,322,689 | $1,503,848 |
| 2019 | $17,816,451 | $17,186,478 | $25,881,661 | $629,973 |
| 2018 | $17,563,700 | $17,006,482 | $24,649,071 | $557,218 |
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