CASTLO COMMUNITY IMPROVEMENT CORPOR

EIN: 341250342

STRUTHERS, OH

Total Revenue
$1,672,238
Total Expenses
$355,954
Total Assets
$7,528,510
Net Assets
$7,527,151
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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
1978
Principal Officer
RAY CALCAGNI JR
Phone
3307501363
Tax Period
2024-01-01 to 2024-12-31

CASTLO COMMUNITY IMPROVEMENT CORPOR, founded in 1978, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 215% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 79% operating margin.

Mission

CASTLO COMMUNITY IMROVEMENT CORPORATION IS TO ADVANCE, ENCOURAGE AND PROMOTE INDUSTRIAL, ECONOMIC, COMERCIAL AND CIVIC DEVELOPMENT WITHIN CAMPBELL, STRUTHERS, LOWELLVILLE, POLAND TOWNSHIP AND COITSVILLE TOWNSHIP IN THE STATE OF OHIO.

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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 $44,717
Program Service Revenue $153,179
Investment Income $1,381,082
Other Revenue $93,260
TOTAL REVENUE $1,672,238

Expense Breakdown

Grants Paid $0
Salaries & Benefits $77,523
Fundraising Expenses $0
Program Expenses $355,954
Other Expenses $278,431
TOTAL EXPENSES $355,954

Year-over-Year Comparison

2024 2023 Change
Revenue $1,672,238 $530,801 +2.2%
Expenses $355,954 $530,224 -0.3%
Net Income $1,316,284 $577 +2280.3%
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
24
Independent Members
24
Employees
1
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
0
$0
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELLY BECKER BOARD MEMBER N/A
Director
$0 $0 $0
JAMIE DISIBIO BOARD MEMBER N/A
Director
$0 $0 $0
KRISTIN FOX BOARD MEMBER N/A
Director
$0 $0 $0
CAROL JEAN HIRT BOARD MEMBER N/A
Director
$0 $0 $0
DAVE HOWARD BOARD MEMBER N/A
Director
$0 $0 $0
JAMES IUDICIANI BOARD MEMBER N/A
Director
$0 $0 $0
JENNIFER JOHNSON BOARD MEMBER N/A
Director
$0 $0 $0
PHYLLIS JOHNSON BOARD MEMBER N/A
Director
$0 $0 $0
RAY CALCAGNI JR BOARD MEMBER N/A
Director
$0 $0 $0
BILL KENNEDY JR BOARD MEMBER N/A
Director
$0 $0 $0
MICHAEL KRAKE BOARD MEMBER N/A
Director
$0 $0 $0
SARAH LOWN BOARD MEMBER N/A
Director
$0 $0 $0
SHEA MACMILLAN BOARD MEMBER N/A
Director
$0 $0 $0
CATHERINE C MILLER BOARD MEMBER N/A
Director
$0 $0 $0
NICK MORGIONE BOARD MEMBER N/A
Director
$0 $0 $0
MARIO NERO BOARD MEMBER N/A
Director
$0 $0 $0
RANDY PARTIKA PE BOARD MEMBER N/A
Director
$0 $0 $0
VIVIAN POWERS BOARD MEMBER N/A
Director
$0 $0 $0
EDWARD REESE BOARD MEMBER N/A
Director
$0 $0 $0
DENISE SIMON ADMINISTRATO N/A
Director
$0 $0 $0
DR A J SUMELL BOARD MEMBER N/A
Director
$0 $0 $0
BRYAN TEDESCO BOARD MEMBER N/A
Director
$0 $0 $0
TONY TSIKOURIS BOARD MEMBER N/A
Director
$0 $0 $0
ERIC UNGARO BOARD MEMBER N/A
Director
$0 $0 $0
DAVE WILAJ BOARD MEMBER N/A
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
2025 No data No data No data No data
2024 $1,672,238 $355,954 $7,528,510 $1,316,284
2023 $530,801 $530,224 $6,236,791 $577
2022 $318,665 $328,947 $6,237,459 $-10,282
2021 $309,022 $368,353 $6,270,480 $-59,331
2020 $342,307 $185,113 $6,326,860 $157,194
2019 $164,994 $191,626 $6,262,878 $-26,632
2018 $160,092 $192,245 $6,289,733 $-32,153
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