WESTOWN COMMUNITY DEVELOPMENT CORP

EIN: 341772218 501(c)(3) Community Improvement

CLEVELAND, OH

Total Revenue
$433,267
Total Expenses
$458,812
Total Assets
$748,759
Net Assets
$586,353
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
OH
Principal Officer
ROSE ZITIELLO
Phone
2169419262
Tax Period
2024-07-01 to 2025-06-30

WESTOWN COMMUNITY DEVELOPMENT CORP, founded in 1994, is a small nonprofit in the Community Improvement sector that reported $433K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

PROVIDE SERVICES TO ITS RESIDENTS, BUSINESS OWNERS AND STAKEHOLDERS THAT ENHANCE AND MAINTAIN THE WESTOWN NEIGHBORHOODS AND BUSINESSES. WCDC'S SERVICE AREA KNOWN AS WESTOWN IS A VIBRANT, HISTORIC AND CULTURALLY DIVERSE CITY NEIGHBORHOOD THAT INCLUDES A RANGE OF HOUSING CHOICES.

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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 $352,025
Program Service Revenue $81,242
Investment Income $0
Other Revenue $0
TOTAL REVENUE $433,267

Expense Breakdown

Grants Paid $0
Salaries & Benefits $347,140
Fundraising Expenses $58,653
Program Expenses $338,658
Other Expenses $111,672
TOTAL EXPENSES $458,812

Year-over-Year Comparison

2024 2023 Change
Revenue $433,267 $398,892 +0.1%
Expenses $458,812 $432,450 +0.1%
Net Income $-25,545 $-33,558 -0.2%
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
11
Independent Members
11
Employees
5
Volunteers
15

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
2
$88,282
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSE ZITIELLO EXECUTIVE DI 40.00
Officer
$88,282 $0 $88,282
DAVID STACK BOARD PRESID 3.00
Officer Director
$0 $0 $0
DANNY VAZQUEZ BOARD MEMBER 3.00
Director
$0 $0 $0
TODD GINTER BOARD MEMBER 3.00
Director
$0 $0 $0
AL MUALEM BOARD MEMBER 3.00
Director
$0 $0 $0
TARA VANTA BOARD MEMBER 3.00
Director
$0 $0 $0
MICHAEL FLICKINGER BOARD MEMBER 3.00
Director
$0 $0 $0
PAMELINA ROSE BOARD MEMBER 3.00
Director
$0 $0 $0
JOHN LITTEN BOARD MEMBER 3.00
Director
$0 $0 $0
RUTH LUKEHART BOARD MEMBER 3.00
Director
$0 $0 $0
DAQUVAVION ROSTON BOARD MEMBER 3.00
Director
$0 $0 $0
ERIC KING BOARD MEMBER 3.00
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 $433,267 $458,812 $748,759 $-25,545
2024 $398,892 $432,450 $789,896 $-33,558
2023 $479,543 $399,324 $803,648 $80,219
2022 $482,567 $438,998 $672,670 $43,569
2021 $376,749 $374,607 $623,747 $2,142
2020 $496,883 $376,808 $618,731 $120,075
2019 $421,664 $500,189 $480,616 $-78,525
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