TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION (EIN 271010441) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

CRAIG RICHARD

Phone

8132183300

Tax Period

2024-10-01 to 2025-09-30

TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION, founded in 2009, is a community nonprofit in the Community Improvement sector that reported $4.2M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

DEVELOP AND SUSTAIN A THRIVING LOCAL ECONOMY THROUGH HIGH WAGE JOBS AND CAPITAL INVESTMENT.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,629,514

Program Service Revenue $1,496,642

Investment Income $12,718

Other Revenue $110,961

TOTAL REVENUE $4,249,835

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,471,450

Fundraising Expenses $0

Other Expenses $1,720,110

TOTAL EXPENSES $4,191,560

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,249,835	$3,631,484	+0.2%
Expenses	$4,191,560	$4,015,020	+0.0%
Net Income	$58,275	$-383,536	-1.2%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$1,311,112

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON CHRISTALDI	CHAIR	1.00	Officer Director	$0	$0	$0
JOE LOPANO	IMM. PAST CHAIR	1.00	Officer Director	$0	$0	$0
ARCHIE COLLINS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
THOMAS BENFORD	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
GARY SASSO	GENERAL COUNSEL	1.00	Officer Director	$0	$0	$0
AAKASH PATEL	DIRECTOR	1.00	Director	$0	$0	$0
ALEX WALTER	DIRECTOR	1.00	Director	$0	$0	$0
ALLEN GREENE II	DIRECTOR	1.00	Director	$0	$0	$0
ANGEL GONZALEZ	DIRECTOR	1.00	Director	$0	$0	$0
APRIL ROSE GRAJALES	DIRECTOR	1.00	Director	$0	$0	$0
ATUL KHOSLA	DIRECTOR	1.00	Director	$0	$0	$0
BEN DACHEPALLI	DIRECTOR	1.00	Director	$0	$0	$0
BEN POWERS	DIRECTOR	7.00	Director	$0	$0	$0
BEN PRATT	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN BEST	DIRECTOR	1.00	Director	$0	$0	$0
CJ EVANS	DIRECTOR	1.00	Director	$0	$0	$0
CARY PUTRINO	DIRECTOR	1.00	Director	$0	$0	$0
CASEY ELLISON	DIRECTOR	1.00	Director	$0	$0	$0
CHON NGUYEN	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS KIRSCHNER	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS OVERHOLT	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE TURNER	DIRECTOR	1.00	Director	$0	$0	$0
COLLEEN CHAPPELL	DIRECTOR	1.00	Director	$0	$0	$0
CONAN GALLATY	DIRECTOR	1.00	Director	$0	$0	$0
DARRYL SHAW	DIRECTOR	1.00	Director	$0	$0	$0
DAVID DENOR	DIRECTOR	1.00	Director	$0	$0	$0
DAVID DUFORT	DIRECTOR	1.00	Director	$0	$0	$0
DAVID OTTATI	DIRECTOR	1.00	Director	$0	$0	$0
DAVID WEINSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
DR TERESA DAHLBURG	DIRECTOR	1.00	Director	$0	$0	$0
ED NARAIN	DIRECTOR	1.00	Director	$0	$0	$0
FABIANO LAUX	DIRECTOR	1.00	Director	$0	$0	$0
GINA CURRY	DIRECTOR	1.00	Director	$0	$0	$0
GOV BOB MARTINEZ	DIRECTOR	1.00	Director	$0	$0	$0
GREG KADET	DIRECTOR	1.00	Director	$0	$0	$0
GREG SLATER	DIRECTOR	1.00	Director	$0	$0	$0
HOLLY ERDELAC	DIRECTOR	1.00	Director	$0	$0	$0
HUGH CAMPBELL	DIRECTOR	1.00	Director	$0	$0	$0
IAN ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
JAMES NOZAR	DIRECTOR	1.00	Director	$0	$0	$0
JANE CASTOR	DIRECTOR	1.00	Director	$0	$0	$0
JASON BAKER	DIRECTOR	1.00	Director	$0	$0	$0
JASON OUTMAN	DIRECTOR	1.00	Director	$0	$0	$0
JASON WOODY	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER BOLIVAR	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA MUROFF	DIRECTOR	1.00	Director	$0	$0	$0
JIM THEMIDES	DIRECTOR	1.00	Director	$0	$0	$0
JIM WEISS	DIRECTOR	1.00	Director	$0	$0	$0
JOANNE LEBLANC	DIRECTOR	1.00	Director	$0	$0	$0
JODY HANEKE	DIRECTOR	1.00	Director	$0	$0	$0
JOSH TAUBE	DIRECTOR	1.00	Director	$0	$0	$0
JUDY GENSHAFT PHD	DIRECTOR	1.00	Director	$0	$0	$0
JULIUS DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
KEIDRIAN KUNKEL	DIRECTOR	1.00	Director	$0	$0	$0
KEITH O'MALLEY	DIRECTOR	1.00	Director	$0	$0	$0
KEN ATWATER PHD	DIRECTOR	1.00	Director	$0	$0	$0
KEN HAGAN	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY GUY	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY HILL	DIRECTOR	1.00	Director	$0	$0	$0
LARRY RICHEY	DIRECTOR	1.00	Director	$0	$0	$0
LAURA KLIMPEL	DIRECTOR	1.00	Director	$0	$0	$0
LEE BELL	DIRECTOR	1.00	Director	$0	$0	$0
LINDA MIGNONE	DIRECTOR	1.00	Director	$0	$0	$0
LINDSAY AUGUST	DIRECTOR	1.00	Director	$0	$0	$0
MARIE CHINNICI-EVERITT	DIRECTOR	1.00	Director	$0	$0	$0
MAUREEN BUTLER	DIRECTOR	1.00	Director	$0	$0	$0
MIKE NURSEY	DIRECTOR	1.00	Director	$0	$0	$0
NICK HAINES	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK HWU MD	DIRECTOR	1.00	Director	$0	$0	$0
PAUL ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
PHILLIP LEE	DIRECTOR	1.00	Director	$0	$0	$0
RAFAELA AMADOR	DIRECTOR	1.00	Director	$0	$0	$0
RENEE AGLER	DIRECTOR	1.00	Director	$0	$0	$0
RHEA LAW	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT ROHRLACK	DIRECTOR	1.00	Director	$0	$0	$0
ROBERTO TORRES	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN DELAVERGNE	DIRECTOR	1.00	Director	$0	$0	$0
ROGER GERMANN	DIRECTOR	1.00	Director	$0	$0	$0
RONALD VAUGHN PHD	DIRECTOR	1.00	Director	$0	$0	$0
SETH MCKEEL	DIRECTOR	1.00	Director	$0	$0	$0
SHEYLLA ACEVES	DIRECTOR	1.00	Director	$0	$0	$0
STACY BAIER	DIRECTOR	1.00	Director	$0	$0	$0
STEVE PRATICO	DIRECTOR	1.00	Director	$0	$0	$0
TIM MOORE	DIRECTOR	1.00	Director	$0	$0	$0
TONY BRUNO	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG RICHARD	PRESIDENT & CEO	41.00	Officer	$492,298	$59,083	$551,381
MITCH ALLEN	SR. VP - BUSINESS DEVELOPMENT	40.00	Officer	$195,806	$23,072	$218,878
MICHELLE BAUER	CHIEF OPERATING OFFICER	40.00	Officer	$211,406	$21,683	$233,089
KACIE BLUCHER	CHIEF FINANCIAL OFFICER	40.00	Officer	$117,641	$15,844	$133,485
TONY BROWN	VP - COMMUNITY DEVELOPMENT	40.00	Officer	$152,602	$21,677	$174,279

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	$4,249,835	$4,191,560	$4,710,013	$58,275
2024	$3,631,484	$4,015,020	$2,500,544	$-383,536
2023	$3,729,618	$3,706,409	$2,763,001	$23,209
2022	$3,657,607	$3,446,802	$2,558,375	$210,805
2021	$2,929,132	$2,811,554	$2,613,176	$117,578
2020	$2,982,506	$2,924,394	$2,065,004	$58,112
2019	$3,473,134	$3,372,530	$2,172,302	$100,604
2018	$3,172,187	$3,048,368	$1,991,818	$123,819

TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION