HUDSON COMMUNITY FOUNDATION

EIN: 341935499 501(c)(3) Philanthropy & Grantmaking

HUDSON, OH

Total Revenue
$6,243,252
Total Expenses
$5,759,010
Total Assets
$30,488,545
Net Assets
$29,469,707
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
OH
Principal Officer
JENESA LUKAC
Phone
3306553580
Tax Period
2023-01-01 to 2023-12-31

HUDSON COMMUNITY FOUNDATION, founded in 2000, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $6.2M in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $5.8M left a modest 8% surplus.

Mission

FOUNDED IN 2000, HUDSON COMMUNITY FOUNDATION'S MISSION IS TO ENHANCE THE OVERALL QUALITY OF LIFE IN THE HUDSON AREA BY INCREASING CHARITABLE GIVING, EDUCATING, AND CONNECTING DONORS TO COMMUNITY NEEDS AND LEADING ON COMMUNITY ISSUES. THE FOUNDATION, SUPPORTED BY HUNDREDS OF LOCAL DONORS AND DONOR ADVISED FUNDS, OPERATES FROM AN OFFICE IN THE HISTORIC BALDWIN HOUSE ON HUDSON'S VILLAGE GREEN AND IS GOVERNED BY A VOLUNTEER BOARD OF DIRECTORS AND LED BY A PROFESSIONAL STAFF.

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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 $5,543,773
Program Service Revenue $0
Investment Income $635,784
Other Revenue $63,695
TOTAL REVENUE $6,243,252

Expense Breakdown

Grants Paid $5,096,445
Salaries & Benefits $157,665
Fundraising Expenses $23,641
Program Expenses $5,394,046
Other Expenses $504,900
TOTAL EXPENSES $5,759,010

Year-over-Year Comparison

2023 2022 Change
Revenue $6,243,252 $5,210,898 +0.2%
Expenses $5,759,010 $3,289,535 +0.8%
Net Income $484,242 $1,921,363 -0.7%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
19
Independent Members
19
Employees
4
Volunteers
23

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
4
$99,578
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL CURRIN BOARD MEMBER 2.00
Director
$0 $0 $0
BILL SEDLACEK CHAIRMAN 2.00
Officer Director
$0 $0 $0
BRAD WRIGHT BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID SCHWEIGHOEFER BOARD MEMBER 2.00
Director
$0 $0 $0
DEXTER JAMES BOARD MEMBER 2.00
Director
$0 $0 $0
JAN GUSICH BOARD MEMBER 2.00
Director
$0 $0 $0
JASON BOGNIARD BOARD MEMBER 2.00
Director
$0 $0 $0
JENESA LUKAC TREASURER 2.00
Officer Director
$0 $0 $0
JIM SLUZEWSKI SECRETARY 2.00
Officer Director
$0 $0 $0
JOHN ARCHER BOARD MEMBER 2.00
Director
$0 $0 $0
KARIN STIFLER BOARD MEMBER 2.00
Director
$0 $0 $0
LINDSAY BARAN BOARD MEMBER 2.00
Director
$0 $0 $0
LISA RADIGAN BOARD MEMBER 2.00
Director
$0 $0 $0
NICK BUZZELLI BOARD MEMBER 2.00
Director
$0 $0 $0
PATRICIA MYERS BOARD MEMBER 2.00
Director
$0 $0 $0
PAUL MARTIN BOARD MEMBER 2.00
Director
$0 $0 $0
SHARON WHITACRE BOARD MEMBER 2.00
Director
$0 $0 $0
MICHELLE CIANCIO BOARD MEMBER 2.00
Director
$0 $0 $0
TOM SPEAKS BOARD MEMBER 2.00
Director
$0 $0 $0
AMY JORDAN PRESIDENT 40.00
Officer
$99,578 $0 $99,578
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 $6,243,252 $5,759,010 $30,488,545 $484,242
2022 $5,210,898 $3,289,535 $26,647,595 $1,921,363
2021 $4,036,593 $2,512,241 $29,386,115 $1,524,352
2020 $3,065,961 $3,422,309 $25,042,262 $-356,348
2019 $4,681,905 $2,520,622 $22,693,966 $2,161,283
2018 $3,017,530 $3,573,767 $17,607,571 $-556,237
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