DOWNTOWN DEVELOPMENT CORPORATION (EIN 237384193) - Form 990 Financial Analysis & Trantor Score

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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

1974

Legal Domicile

Principal Officer

EDDIE RYAN

Phone

8027739380

Tax Period

2025-01-01 to 2025-12-31

DOWNTOWN DEVELOPMENT CORPORATION, founded in 1974, is a small nonprofit in the Housing & Shelter sector that reported $586K in total revenue in fiscal year 2025. The organization ran a surplus of $100K, a strong 17% operating margin.

Mission

OWNERSHIP AND MANAGEMENT OF SUPPORTIVE HOUSING FOR THE ELDERLY.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $573,416

Investment Income $47

Other Revenue $12,525

TOTAL REVENUE $585,988

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $390,283

Other Expenses $486,364

TOTAL EXPENSES $486,364

Year-over-Year Comparison

	2025	2024	Change
Revenue	$585,988	$556,403	+0.1%
Expenses	$486,364	$454,694	+0.1%
Net Income	$99,624	$101,709	0.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Casey McNeil	Member	Director	$0	$0	$0
Jadziah DeRosia	President	Officer Director	$0	$0	$0
Joe Kraus	Vice President	Officer Director	$0	$0	$0
Eddie Ryan	Treasurer/Sec	Officer Director	$0	$0	$0
Andy Paluch	Member	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
2025	$585,988	$486,364	$849,086	$99,624
2024	$556,403	$454,694	$846,100	$101,709
2023	$545,548	$452,398	$850,696	$93,150
2022	$519,893	$450,551	$849,758	$69,342
2021	$505,339	$445,173	$884,421	$60,166
2020	$352,080	$452,838	$906,859	$-100,758
2019	$503,952	$440,108	$1,092,183	$63,844
2018	$494,689	$447,767	$1,114,618	$46,922

DOWNTOWN DEVELOPMENT CORPORATION