OPERATIONS TECHNOLOGY DEVELOPMENT NFP

EIN: 331061445 Community Improvement

Des Plaines, IL

Total Revenue
$14,228,481
Total Expenses
$17,952,216
Total Assets
$20,105,725
Net Assets
$8,602,151
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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
2003
Legal Domicile
IL
Principal Officer
RONALD N SNEDIC
Phone
8477680500
Tax Period
2024-01-01 to 2024-12-31

OPERATIONS TECHNOLOGY DEVELOPMENT NFP, founded in 2003, is a mid-sized nonprofit in the Community Improvement sector that reported $14.2M in total revenue in fiscal year 2024. Expenses of $18.0M exceeded revenue, resulting in a 26% operating deficit.

Mission

OTD IDENTIFIES, SELECTS, FUNDS AND OVERSEES THE DEVELOPMENT, TESTING, AND IMPLEMENTATION OF NEW TECH., PROVIDING SOLUTIONS TO A RANGE OF ISSUES RELATING TO GAS OPS INFRASTRUCTURE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $12,357,609
Program Service Revenue $672,348
Investment Income $1,011,811
Other Revenue $186,713
TOTAL REVENUE $14,228,481

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $17,952,216
TOTAL EXPENSES $17,952,216

Year-over-Year Comparison

2024 2023 Change
Revenue $14,228,481 $13,481,786 +0.1%
Expenses $17,952,216 $12,371,431 +0.5%
Net Income $-3,723,735 $1,110,355 -4.4%
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

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Governance

Voting Members
29
Independent Members
29
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
4
$0
Total Directors
35
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC KOZAK DIRECTOR 000.10
Director
$0 $0 $0
GORDON KING DIRECTOR 000.10
Director
$0 $0 $0
JOHN MCDILL DIRECTOR 000.10
Director
$0 $0 $0
BILL SNYDER DIRECTOR 000.10
Director
$0 $0 $0
JOHN HILL DIRECTOR 000.10
Director
$0 $0 $0
AMR HASSAN DIRECTOR 000.10
Director
$0 $0 $0
MICHAEL GILL DIRECTOR 000.10
Director
$0 $0 $0
BRIAN WEISKER DIRECTOR 000.10
Director
$0 $0 $0
BRIAN WEBER DIRECTOR 000.10
Director
$0 $0 $0
FRANK E LEONHARTT DIRECTOR 000.10
Director
$0 $0 $0
KELLY FEDELE DIRECTOR 000.10
Director
$0 $0 $0
HART GILCHRIST DIRECTOR CHAIR 000.10
Director
$0 $0 $0
ANTHONY ARNOULD DIRECTOR 000.10
Director
$0 $0 $0
WILLIAM CLARK DIRECTOR 000.10
Director
$0 $0 $0
KEVIN MURPHY DIRECTOR 000.10
Director
$0 $0 $0
MANDY SCHWARTING DIRECTOR 000.10
Director
$0 $0 $0
PATRICK E WHITESIDE DIRECTOR VICE-CHAIR 000.10
Director
$0 $0 $0
PRAJWAL DESHPANDE DIRECTOR 000.10
Director
$0 $0 $0
VINCE GAETO DIRECTOR 000.10
Director
$0 $0 $0
AL LANGLAND DIRECTOR 000.10
Director
$0 $0 $0
RONALD D BRIDGEWATER DIRECTOR 000.10
Director
$0 $0 $0
CEDRIC FLOWERS DIRECTOR 000.10
Director
$0 $0 $0
TRACEY TEED MARTIN DIRECTOR 000.10
Director
$0 $0 $0
DAVID BUCZKOWSKI DIRECTOR 000.10
Director
$0 $0 $0
JEROME T SCHMITZ DIRECTOR 000.10
Director
$0 $0 $0
JOSEPH B HAMPTON DIRECTOR 000.10
Director
$0 $0 $0
TRACY L TOWNSEND DIRECTOR 000.10
Director
$0 $0 $0
JOSH DILUCIANO DIRECTOR 000.10
Director
$0 $0 $0
HEIDI BREDENHOLLER-PRASAD DIRECTOR 000.10
Director
$0 $0 $0
MARIA ARANZAZU BODEN DIRECTOR 000.10
Director
$0 $0 $0
BRIAN VARGA DIRECTOR 000.10
Director
$0 $0 $0
JOE KARNEY DIRECTOR 000.10
Director
$0 $0 $0
JON CZARNECKI DIRECTOR 000.10
Director
$0 $0 $0
CHAD CALAWAY DIRECTOR 000.10
Director
$0 $0 $0
CHRISTINE COWSERT CHAPMAN DIRECTOR 000.10
Director
$0 $0 $0
RONALD N SNEDIC PRESIDENT 002.84
Officer
$0 $0 $0
SONAL PATNI VP OPERATIONS 033.98
Officer
$0 $0 $0
PHILLIPPE HOLLAND SECRETARY 000.18
Officer
$0 $0 $0
LISA FOSTER TREASURER 001.49
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
2024 $14,228,481 $17,952,216 $20,105,725 $-3,723,735
2023 $13,481,786 $12,371,431 $21,206,684 $1,110,355
2022 $14,234,398 $11,895,585 $21,363,895 $2,338,813
2021 $14,298,297 $11,817,492 $19,093,894 $2,480,805
2020 $10,825,739 $12,375,182 $14,439,308 $-1,549,443
2019 $14,975,404 $14,019,961 $15,034,147 $955,443
2018 $13,291,991 $13,190,807 $15,053,162 $101,184
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