HAMILTON ECONOMIC DEVELOPMENT CORPORATION (EIN 310955965) - 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

1979

Legal Domicile

Principal Officer

DAN BATES

Phone

5138441500

Tax Period

2022-01-01 to 2022-12-31

HAMILTON ECONOMIC DEVELOPMENT CORPORATION, founded in 1979, is a small nonprofit in the Community Improvement sector that reported $106K in total revenue in fiscal year 2022. Expenses of $125K exceeded revenue, resulting in a 18% operating deficit.

Mission

PROMOTE LOCAL ECONOMIC DEVELOPMENT IN THE HAMILTON, OHIO AREA.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $77,981

Program Service Revenue $27,750

Investment Income $0

Other Revenue $250

TOTAL REVENUE $105,981

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $116,318

Other Expenses $125,094

TOTAL EXPENSES $125,094

Year-over-Year Comparison

	2022	2021	Change
Revenue	$105,981	$101,160	+0.0%
Expenses	$125,094	$120,540	+0.0%
Net Income	$-19,113	$-19,380	0.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER ABNER	TRUSTEE	1.00	Director	$0	$0	$0
DAN BATES	SECRETARY	1.00	Officer Director	$0	$0	$0
JUDY BOYKO	TRUSTEE	1.00	Director	$0	$0	$0
LESLIE BUMGARNER	TRUSTEE	1.00	Director	$0	$0	$0
CHRIS CONNELL	TRUSTEE	1.00	Director	$0	$0	$0
MCIAHEL EVERETT	TRUSTEE	1.00	Director	$0	$0	$0
LISA GULIANO	TRUSTEE	1.00	Director	$0	$0	$0
JODY GUNDERSON	TRUSTEE	1.00	Director	$0	$0	$0
AARON HUFFORD	TRUSTEE	1.00	Director	$0	$0	$0
BRETT KIRKPATRICK	TRUSTEE	1.00	Director	$0	$0	$0
PAT MOELLER	TRUSTEE	1.00	Director	$0	$0	$0
LIZ MOHR	TREASURER	1.00	Officer Director	$0	$0	$0
CHRIS MOTLEY	TRUSTEE	1.00	Director	$0	$0	$0
RYAN STITZEL	TRUSTEE	1.00	Director	$0	$0	$0
NICK ZIEPFEL	CHAIR	1.00	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
2022	$105,981	$125,094	$68,262	$-19,113
2021	$101,160	$120,540	$83,361	$-19,380
2020	$545,527	$484,011	$117,966	$61,516

HAMILTON ECONOMIC DEVELOPMENT CORPORATION