ASSOCIATION FOR BETTER COMMUNITY DEVELOPMENT INC

EIN: 237362592 501(c)(3)

Canton, OH

Total Revenue
$2,309,278
Total Expenses
$1,614,990
Total Assets
$7,275,549
Net Assets
$3,249,732
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
OH
Phone
3304556385
Tax Period
2023-01-01 to 2023-12-31

ASSOCIATION FOR BETTER COMMUNITY DEVELOPMENT INC, founded in 1973, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $694K, a strong 30% operating margin.

Mission

The company is committed to improving the quality of life for people primarily in Stark County, through community economic development, energy conservation, housing and transportation.

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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 $1,223,555
Program Service Revenue $0
Investment Income $1,895
Other Revenue $1,083,828
TOTAL REVENUE $2,309,278

Expense Breakdown

Grants Paid $0
Salaries & Benefits $760,954
Fundraising Expenses $48,351
Other Expenses $805,685
TOTAL EXPENSES $1,614,990

Year-over-Year Comparison

2023 2022 Change
Revenue $2,309,278 $1,737,090 +0.3%
Expenses $1,614,990 $1,527,162 +0.1%
Net Income $694,288 $209,928 +2.3%
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
15
Independent Members
15
Employees
34
Volunteers
N/A

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
0
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM DENT PRESIDENT AND EO 40
Director
$0 $0 $0
KENT MCCLELLAND CHAIRPERSON 3
Director
$0 $0 $0
LYDIA LEE VICE CHAIRPERSON 3
Director
$0 $0 $0
LATOYA DICKENS SECRETARY 3
Director
$0 $0 $0
TOMIER DAVENPORT TREASURER 3
Director
$0 $0 $0
AIMEE SCHLERBITZAUER DIRECTOR 2
Director
$0 $0 $0
EVELYN BIRD DIRECTOR 2
Director
$0 $0 $0
NATE CHESTER DIRECTOR 2
Director
$0 $0 $0
TARYN HEATH DIRECTOR 2
Director
$0 $0 $0
LISA JOHNSON DIRECTOR 2
Director
$0 $0 $0
YVONNE PARKS DIRECTOR 2
Director
$0 $0 $0
ATTY RAYMOND SALES DIRECTOR 2
Director
$0 $0 $0
DR CHRIS SMITH DIRECTOR 2
Director
$0 $0 $0
JENNY TERRELL DIRECTOR 2
Director
$0 $0 $0
RONALD YOUNG DIRECTOR 2
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 $2,309,278 $1,614,990 $7,275,549 $694,288
2022 $1,737,090 $1,527,162 $6,561,654 $209,928
2021 $1,684,746 $1,297,126 $7,258,034 $387,620
2020 $2,062,851 $1,803,056 $6,979,882 $259,795
2019 $4,291,895 $4,285,882 $6,884,228 $6,013
2018 $1,170,756 $850,562 $6,765,657 $320,194
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