PEOPLE WORKING COOPERATIVELY INC

EIN: 310859104 501(c)(3) Housing & Shelter

CINCINNATI, OH

Total Revenue
$10,367,394
Total Expenses
$8,438,718
Total Assets
$22,950,491
Net Assets
$13,902,517
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
OH
Principal Officer
JOCK PITTS
Phone
5133517921
Tax Period
2025-01-01 to 2025-06-30

PEOPLE WORKING COOPERATIVELY INC, founded in 1975, is a mid-sized nonprofit in the Housing & Shelter sector that reported $10.4M in total revenue in fiscal year 2025. Revenue fell 46% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.9M, a strong 19% operating margin.

Mission

PEOPLE WORKING COOPERATIVELY PERFORMS CRITICAL HOME REPAIRS AND SERVICES SO THAT LOW-INCOME HOMEOWNERS CAN REMAIN IN THEIR HOMES LIVING INDEPENDENTLY AND HEALTHIER IN A SAFE, SOUND ENVIRONMENT.

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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 $10,155,928
Program Service Revenue $0
Investment Income $2,692
Other Revenue $208,774
TOTAL REVENUE $10,367,394

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,586,453
Fundraising Expenses $425,817
Program Expenses $6,778,940
Other Expenses $3,852,265
TOTAL EXPENSES $8,438,718

Year-over-Year Comparison

2025 2024 Change
Revenue $10,367,394 $19,029,171 -0.5%
Expenses $8,438,718 $13,912,352 -0.4%
Net Income $1,928,676 $5,116,819 -0.6%
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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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
3000

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
7
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL CAHILL BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL COLBERT BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL DENNEMANN BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID FAULK BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES GERHARDT III BOARD MEMBER 1.00
Director
$0 $0 $0
RUSSELL HAIRSTON BOARD MEMBER 1.00
Director
$0 $0 $0
IRENE HAMRICK BOARD MEMBER 1.00
Director
$0 $0 $0
ZACHARY KUZNAR BOARD MEMBER 1.00
Director
$0 $0 $0
ANNE MCKINNEY BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE MOMBACH BOARD MEMBER 1.00
Director
$0 $0 $0
DAVE NEYER BOARD MEMBER 1.00
Director
$0 $0 $0
GREGORY SHUMATE BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE VIOX BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN WESTRUP BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW BUDDENBERG CHAIRPERSON 1.00
Officer Director
$0 $0 $0
STEVE RINGEL SECRETARY 1.00
Officer Director
$0 $0 $0
RYAN MCLANE TREASURER 1.00
Officer Director
$0 $0 $0
THOMAS COLVIN IMM. PAST CHAIRPERSON 1.00
Officer Director
$0 $0 $0
JOCK PITTS PRESIDENT/CEO 30.00
Officer
$0 $0 $0
NINA CREECH EXECUTIVE VP 30.00
Officer
$0 $0 $0
CHRIS OWENS VP DEVELOPMENT 30.00
Officer
$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 $10,367,394 $8,438,718 $22,950,491 $1,928,676
2024 No data No data No data No data
2023 $9,833,155 $11,273,601 $9,848,882 $-1,440,446
2022 $14,459,338 $11,690,795 $11,653,065 $2,768,543
2021 $9,385,088 $9,474,626 $8,365,996 $-89,538
2020 $9,269,946 $8,255,292 $7,971,122 $1,014,654
2019 $7,590,684 $7,828,236 $7,490,533 $-237,552
2018 $8,083,153 $7,973,556 $6,928,006 $109,597
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