North Cuyahoga Valley Corridor Inc

EIN: 341470989 501(c)(3) Arts, Culture & Humanities

Cleveland, OH

Total Revenue
$525,762
Total Expenses
$604,973
Total Assets
$928,309
Net Assets
$927,392
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
OH
Principal Officer
Mera Cardenas
Phone
2165201825
Tax Period
2023-01-01 to 2023-12-31

North Cuyahoga Valley Corridor Inc, founded in 1985, is a small nonprofit in the Arts, Culture & Humanities sector that reported $526K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $605K exceeded revenue, resulting in a 15% operating deficit.

Mission

Preserve the natural and cultural experiences of the Ohio & Erie Canalway National Heritage Area. for the future and connects people to place. We do this by collaborating with community partners, supporting the goals of National Heritage Aream and hosting programs and events that increase public education and experiences around the history, heritage and environment.

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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 (2023)

Revenue Breakdown

Contributions & Grants $376,640
Program Service Revenue $147,536
Investment Income $209
Other Revenue $1,377
TOTAL REVENUE $525,762

Expense Breakdown

Grants Paid $0
Salaries & Benefits $286,756
Fundraising Expenses $29,217
Program Expenses $410,070
Other Expenses $318,217
TOTAL EXPENSES $604,973

Year-over-Year Comparison

2023 2022 Change
Revenue $525,762 $467,537 +0.1%
Expenses $604,973 $579,042 +0.0%
Net Income $-79,211 $-111,505 -0.3%
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
17
Independent Members
17
Employees
5
Volunteers
750

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
5
$0
Total Directors
12
$0
Key Employees
1
$123,847
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mera Cardenas Director 40 40.00
Key Emp
$123,847 $0 $123,847
Jack Kluznik Member 0.00
Director
$0 $0 $0
David Wagner Member 0.00
Director
$0 $0 $0
Antonin Robert Treasurer 0.00
Officer
$0 $0 $0
Amy Whitacre Vice Chair 0.00
Officer
$0 $0 $0
Mark Raymond Member 0.00
Director
$0 $0 $0
Caryn Candisky Secretary 0.00
Officer
$0 $0 $0
David Jurca Chair 0.00
Officer
$0 $0 $0
Patrick Cook Member 0.00
Director
$0 $0 $0
Thomas Yablonsky Vice Chair 0.00
Officer
$0 $0 $0
Michael Dostal Member 0.00
Director
$0 $0 $0
Diana Hildebrand Member 0.00
Director
$0 $0 $0
Joanna Brell Member 0.00
Director
$0 $0 $0
Bryan Falk Member 0.00
Director
$0 $0 $0
Patrick Holland Member 0.00
Director
$0 $0 $0
Michael Hudecek Member 0.00
Director
$0 $0 $0
Eric Kufel Member 0.00
Director
$0 $0 $0
Nancy Lesic Member 0.00
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
2024 No data No data No data No data
2023 $525,762 $604,973 $928,309 $-79,211
2022 $467,537 $579,042 $908,000 $-111,505
2021 $428,294 $483,379 $1,128,053 $-55,085
2020 $280,955 $437,661 $1,010,031 $-156,706
2019 $366,539 $444,365 $1,103,236 $-77,826
2018 $391,025 $478,046 $1,141,274 $-87,021
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