JEREMIAH DEVELOPMENT NFP

EIN: 263320538 501(c)(3) Housing & Shelter

Rockford, IL

Total Revenue
$198,403
Total Expenses
$55,768
Total Assets
$231,574
Net Assets
$231,347
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
IL
Phone
8156270001
Tax Period
2024-01-01 to 2024-12-31

JEREMIAH DEVELOPMENT NFP, founded in 2008, is a small nonprofit in the Housing & Shelter sector that reported $198K in total revenue in fiscal year 2024. Revenue surged 174% from the prior year, signaling strong growth momentum. The organization ran a surplus of $143K, a strong 72% operating margin.

Mission

THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE IS NEIGHBORHOOD REVITALIZATION: TO CREATE AND MAINTAIN SAFE, AFFORDABLE HOUSING; PARTNER WITH OTHER ORGANIZATIONS TO BUILD CAPICITY IN THE NEIGHBORHOOD; ADVOCATE FOR BEAUTIFICATION AND ENHANCEMNET OF PUBLIC AREAS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $198,403
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $198,403

Expense Breakdown

Grants Paid $0
Salaries & Benefits $23,002
Fundraising Expenses $2,535
Program Expenses $45,344
Other Expenses $32,766
TOTAL EXPENSES $55,768

Year-over-Year Comparison

2024 2023 Change
Revenue $198,403 $72,325 +1.7%
Expenses $55,768 $54,976 +0.0%
Net Income $142,635 $17,349 +7.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
2
Volunteers
200

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
3
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NITRO STARLING OUTREACH SPECIALIST 24.00
Highest
$12,939 $0 $12,939
BECKY 0 ERBE EX-OFFICIO BOARD MEMBER 1.00
Director
$0 $0 $0
KRYSTA T TILGES BOARD MEMBER 1.00
Director
$0 $0 $0
TYLER HILLMAN BOARD MEMBER 1.00
Director
$0 $0 $0
CALVIN CULPEPPER EX-OFFICIO BOARD MEMBER 1.00
Director
$0 $0 $0
DAVITA McWILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
RON CARTER BOARD MEMBER 1.00
Director
$0 $0 $0
HOLLY BEEMAN BOARD MEMBER 1.00
Director
$0 $0 $0
TIMOTHY DALTON BOARD MEMBER 1.00
Director
$0 $0 $0
DEE VALENTINO TREASURER 2.00
Officer Director
$0 $0 $0
JEANINE WANG SECRETARY 2.00
Officer Director
$0 $0 $0
RACHEL SCHMITT PRESIDENT 2.00
Officer 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 $198,403 $55,768 $231,574 $142,635
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare JEREMIAH DEVELOPMENT NFP with other nonprofits in Illinois and across the country.