CLEVELAND, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HISTORIC WAREHOUSE DISTRICT DEVELOPMENT CORPORATION OF CLEVELAND, founded in 1980, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $97K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $119K exceeded revenue, resulting in a 23% operating deficit.
THE HISTORIC WAREHOUSE DISTRICT DEVELOPMENT CORPORATION OF CLEVELAND IS A NON-PROFIT ORGANIZATION FORMED IN 1980 TO COORDINATE AND STIMULATE REDEVELOPMENT FOR A UNIQUE, MIXED-USE, NEIGHBORHOOD FOR DOWNTOWN CLEVELAND, OHIO COMMONLY KNOW AS THE WAREHOUSE DISTRICT. ITS MISSION IS TO CHAMPION AND INSPIRE OPPORTUNITIES FOR GROWTH IN THE WAREHOUSE DISTRICT. OUR PROGRAMS WORK TO PROVIDE SUSTAINED PROGRAM FUNDING FOR SECURITY, STREETSCAPE AND GREEN SPACE CREATION AND MAINTENANCE, AND MARKETING SUPPORT RESOURCES FOR ALL ASPECTS OF THE WAREHOUSE DISTRICT. WE ADMINISTER A HISTORIC PRESERVATION EASEMENT PROGRAM TO PROTECT AND PRESERVE IN PERPETUITY THE WAREHOUSE DISTRICT'S RICH BUILDING STOCK. IN ADDITION, WE PROVIDE LIMITED TECHNICAL ASSISTANCE THROUGH THE DESIGN REVIEW PROCESS AND THE CITY OF CLEVELAND'S STOREFRONT RENOVATION PROGRAM.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $97,110 | $153,862 | -0.4% |
| Expenses | $119,160 | $199,827 | -0.4% |
| Net Income | $-22,050 | $-45,965 | -0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MIKE CARNEY | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| TRACY ENGLE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIBETH FEKE | PAST PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROSS HALLORAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CARL MONDAY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PJ SARACUSA | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD SHEEHAN | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMY SNELL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC TOLBERT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE TOMALLO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JUSTIN JOHNS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RYAN NAGEL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LOGAN WEILAND | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| WARREN BLAZEY | VP, CHAIR BOARD DEVELOPMENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL DEEMER | CEO | 5.00 |
Officer
|
$0 | $0 | $0 |
| EILEEN CASSIDY | VP & COO | 5.00 |
Officer
|
$0 | $0 | $0 |
| IAN MEADOWS | PLACE PROGRAMS & SOCIAL MEDIA MANAGER | 5.00 |
Officer
|
$0 | $0 | $0 |
| JONATHAN SANDVICK | EASEMENT CO-CHAIR | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $97,110 | $119,160 | $835,569 | $-22,050 |
| 2022 | $153,862 | $199,827 | $825,382 | $-45,965 |
| 2021 | $332,279 | $275,115 | $973,930 | $57,164 |
| 2020 | $415,775 | $565,797 | $818,430 | $-150,022 |
| 2019 | $322,988 | $344,730 | $941,769 | $-21,742 |
| 2018 | $441,470 | $313,361 | $952,108 | $128,109 |
Compare HISTORIC WAREHOUSE DISTRICT DEVELOPMENT CORPORATION OF CLEVELAND with other nonprofits in Ohio and across the country.