CASCADE CAPITAL CORPORATION (EIN 341423558) - 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

1983

Legal Domicile

Principal Officer

ROBERT FILIPIAK

Phone

3303793160

Tax Period

2024-10-01 to 2025-09-30

CASCADE CAPITAL CORPORATION, founded in 1983, is a small nonprofit that reported $934K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $803K left a modest 14% surplus.

Mission

PROVIDES ECONOMIC DEVELOPMENT/FIXED ASSET FINANCING, PRIMARILY IN NORTHEAST OHIO, THROUGH ITS SBA 504 AND OHIO 166 LOAN PROGRAMS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $725,034

Investment Income $200,111

Other Revenue $8,743

TOTAL REVENUE $933,888

Expense Breakdown

Grants Paid $0

Salaries & Benefits $612,601

Fundraising Expenses $0

Program Expenses $723,318

Other Expenses $190,081

TOTAL EXPENSES $802,682

Year-over-Year Comparison

	2024	2023	Change
Revenue	$933,888	$849,738	+0.1%
Expenses	$802,682	$790,284	+0.0%
Net Income	$131,206	$59,454	+1.2%

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

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

$294,763

Total Directors

$294,763

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT FILIPIAK	EXECUTIVE DI	40.00	Officer Director	$256,800	$37,963	$294,763
DAN RIFFLE	SENIOR LOAN	40.00	Highest	$170,300	$10,435	$180,735
BETHANY DENTLER	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT DODDS	VICE-CHAIR	2.00	Officer Director	$0	$0	$0
BRADFORD EHRHART	TRUSTEE	1.00	Director	$0	$0	$0
BRUCE FRIEDMAN	CHAIRMAN	2.00	Officer Director	$0	$0	$0
LIZ KUONEN	TRUSTEE	1.00	Director	$0	$0	$0
RAY LAMPNER	TRUSTEE	1.00	Director	$0	$0	$0
JOHN MARTIN	SECRETARY	2.00	Officer Director	$0	$0	$0
ROBERT MCKEE	TRUSTEE	1.00	Director	$0	$0	$0
LINDA NUOSCI	TRUSTEE	1.00	Director	$0	$0	$0
NEVIN NUSSBAUM	TRUSTEE	1.00	Director	$0	$0	$0
DON PAVLIK	IMMED PAST C	2.00	Officer Director	$0	$0	$0
BRAD PULLEY	TRUSTEE	1.00	Director	$0	$0	$0
JOHN SKAKUN	TREASURER	2.00	Officer Director	$0	$0	$0
DAN SMITH	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN VONDERAU	TRUSTEE	1.00	Director	$0	$0	$0
NEIL WAXMAN	TRUSTEE	1.00	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	$933,888	$802,682	$3,031,080	$131,206
2024	$849,738	$790,284	$3,569,647	$59,454
2023	$754,678	$761,182	$2,439,914	$-6,504
2022	$573,108	$617,919	$2,306,667	$-44,811
2021	$615,729	$744,013	$2,757,346	$-128,284
2020	$666,677	$735,909	$2,570,473	$-69,232
2019	$542,267	$658,106	$2,533,341	$-115,839
2018	$599,052	$693,645	$2,685,091	$-94,593

CASCADE CAPITAL CORPORATION