WILLOW GROVE COMMUNITY DEVELOPMENT

EIN: 232620431 501(c)(3) Housing & Shelter

WILLOW GROVE, PA

Total Revenue
$1,457,428
Total Expenses
$983,031
Total Assets
$5,282,818
Net Assets
$3,046,586
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
PA
Principal Officer
JOHN T DURKIN JR
Phone
2156571055
Tax Period
2025-01-01 to 2025-12-31

WILLOW GROVE COMMUNITY DEVELOPMENT, founded in 1990, is a community nonprofit in the Housing & Shelter sector that reported $1.5M in total revenue in fiscal year 2025. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $474K, a strong 33% operating margin.

Mission

OUR MISSION IS HELPING FAMILIES AND COMMUNITIES BY PROVIDING AFFORDABLE HOUSING AND SERVICES. THE ORGANIZATION OFFERS SUBSIDIZED RENTAL HOUSING AND SUPPORT SERVICES FOR RESIDENTS; AND SERVICE PROGRAMS FOR THE 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 (2025)

Revenue Breakdown

Contributions & Grants $470,917
Program Service Revenue $667,289
Investment Income $34,380
Other Revenue $284,842
TOTAL REVENUE $1,457,428

Expense Breakdown

Grants Paid $0
Salaries & Benefits $186,548
Fundraising Expenses $45,474
Program Expenses $856,433
Other Expenses $796,483
TOTAL EXPENSES $983,031

Year-over-Year Comparison

2025 2024 Change
Revenue $1,457,428 $914,126 +0.6%
Expenses $983,031 $914,835 +0.1%
Net Income $474,397 $-709 -670.1%
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
12
Independent Members
12
Employees
2
Volunteers
20

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
$116,240
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NELSON ACEVEDO PRESIDENT 1.38
Officer Director
$0 $0 $0
SHERRY DOBBINS PACE VICE PRESIDE 0.35
Officer Director
$0 $0 $0
JOHN T DURKIN JR TREASURER 1.38
Officer Director
$0 $0 $0
FALESHA GRASTY SECRETARY 0.35
Officer Director
$0 $0 $0
HENRY JACQUELIN DIRECTOR 0.35
Director
$0 $0 $0
JOHN CONNELL DIRECTOR 0.35
Director
$0 $0 $0
NEIL KLINGHOFFER DIRECTOR 0.35
Director
$0 $0 $0
LUCY PN SHARP ESQ DIRECTOR 0.35
Director
$0 $0 $0
WILLIAM THOMPSON DIRECTOR 0.35
Director
$0 $0 $0
FREDERICK WRIGHT DIRECTOR 0.35
Director
$0 $0 $0
WALTER HAMPTON DIRECTOR 0.35
Director
$0 $0 $0
CHRIS CATTIE DIRECTOR 0.35
Director
$0 $0 $0
JEROME MITCHELL EXECUTIVE DI 40.00
Officer
$113,000 $3,240 $116,240
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
2025 $1,457,428 $983,031 $5,282,818 $474,397
2024 $914,126 $914,835 $5,214,769 $-709
2023 $2,003,394 $801,104 $5,146,757 $1,202,290
2022 $785,055 $767,288 $3,908,612 $17,767
2021 $830,209 $786,924 $3,302,850 $43,285
2020 $748,769 $754,071 $3,321,019 $-5,302
2019 $723,815 $817,206 $3,373,081 $-93,391
2018 $700,551 $825,717 $3,523,437 $-125,166
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