EVANSVILLE REGIONAL ECONOMIC PARTNERSHIP

EIN: 350298180

EVANSVILLE, IN

Total Revenue
$8,437,212
Total Expenses
$5,646,072
Total Assets
$6,107,211
Net Assets
$5,213,108
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1915
Legal Domicile
IN
Principal Officer
LLOYD WINNECKE
Phone
8124258147
Tax Period
2023-10-01 to 2024-09-30

EVANSVILLE REGIONAL ECONOMIC PARTNERSHIP, founded in 1915, is a community nonprofit that reported $8.4M in total revenue in fiscal year 2023. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.8M, a strong 33% operating margin.

Mission

TO PROMOTE THE WELFARE OF THE METROPOLITAN EVANSVILLE AND SOUTHWESTERN INDIANA AREA

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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 $6,604,080
Program Service Revenue $1,421,572
Investment Income $50,218
Other Revenue $361,342
TOTAL REVENUE $8,437,212

Expense Breakdown

Grants Paid $38,800
Salaries & Benefits $3,012,967
Fundraising Expenses $51,645
Program Expenses $4,991,286
Other Expenses $2,594,305
TOTAL EXPENSES $5,646,072

Year-over-Year Comparison

2023 2022 Change
Revenue $8,437,212 $5,236,508 +0.6%
Expenses $5,646,072 $5,289,175 +0.1%
Net Income $2,791,140 $-52,667 -54.0%
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
70
Independent Members
69
Employees
45
Volunteers
100

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
8
$318,921
Total Directors
71
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADRIAN BROOKS DIRECTOR 1.00
Director
$0 $0 $0
ALEX CHANG DIRECTOR 1.00
Director
$0 $0 $0
ARIC PRYOR DIRECTOR 1.00
Director
$0 $0 $0
ART PIKE DIRECTOR 1.00
Director
$0 $0 $0
ASH TITZER DIRECTOR 1.00
Director
$0 $0 $0
BARRY COX DIRECTOR 1.00
Director
$0 $0 $0
BETH MCFADIN HIGGINS VICE CHAIR 1.00
Officer Director
$0 $0 $0
BILL COLLINS DIRECTOR 1.00
Director
$0 $0 $0
BILL CURTIS DIRECTOR 1.00
Director
$0 $0 $0
BILL SCHIRMER DIRECTOR 1.00
Director
$0 $0 $0
BRAD BEGLE DIRECTOR 1.00
Director
$0 $0 $0
BRANDON SCOTT DIRECTOR 1.00
Director
$0 $0 $0
BROCK RYAN DIRECTOR 1.00
Director
$0 $0 $0
CHAD SULLIVAN DIRECTOR 1.00
Director
$0 $0 $0
CHARLES WYATT DIRECTOR 1.00
Director
$0 $0 $0
CHRIS RUTLEDGE DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE KECK VICE CHAIR 1.00
Officer Director
$0 $0 $0
CHRISTOPHER PIETRUSZKIEWICZ DIRECTOR 1.00
Director
$0 $0 $0
CURT BEGLE CHAIR 1.00
Officer Director
$0 $0 $0
DAN SAYLOR DIRECTOR 1.00
Director
$0 $0 $0
DANIELA VIDAL DIRECTOR 1.00
Director
$0 $0 $0
DAVE RECTOR DIRECTOR 1.00
Director
$0 $0 $0
DAVID FREEMAN DIRECTOR 1.00
Director
$0 $0 $0
DOUG LAWSON DIRECTOR 1.00
Director
$0 $0 $0
DOUG PETITT DIRECTOR 1.00
Director
$0 $0 $0
DR JAMES PORTER TREASURER 1.00
Officer Director
$0 $0 $0
DR RONALD DEMPSEY DIRECTOR 1.00
Director
$0 $0 $0
DR RONALD ROCHON DIRECTOR 1.00
Director
$0 $0 $0
EVAN BECK DIRECTOR 1.00
Director
$0 $0 $0
GREG RISCH DIRECTOR 1.00
Director
$0 $0 $0
GREG WRIGHT DIRECTOR 1.00
Director
$0 $0 $0
HEATHER ALLYN DIRECTOR 1.00
Director
$0 $0 $0
JAMES DEFFENDALL DIRECTOR 1.00
Director
$0 $0 $0
JEAN BLANTON DIRECTOR 1.00
Director
$0 $0 $0
JEFFREY JUSTICE DIRECTOR 1.00
Director
$0 $0 $0
JIM MCMURRAY DIRECTOR 1.00
Director
$0 $0 $0
JIM RYAN CHAIR 1.00
Officer Director
$0 $0 $0
JOHN BRISCOE DIRECTOR 1.00
Director
$0 $0 $0
JOHN LAMB DIRECTOR 1.00
Director
$0 $0 $0
JOHNATHAN POPE SECRETARY 1.00
Officer Director
$0 $0 $0
JP ENGLEBRECHT DIRECTOR 1.00
Director
$0 $0 $0
KARI FLUEGEL DIRECTOR 1.00
Director
$0 $0 $0
KEN MONTGOMERY DIRECTOR 1.00
Director
$0 $0 $0
LAURA SCOTT DIRECTOR 1.00
Director
$0 $0 $0
LEAH CURRY DIRECTOR 1.00
Director
$0 $0 $0
LISA SLADE DIRECTOR 1.00
Director
$0 $0 $0
LUKE YAEGER DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW FOLZ DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL O'DANIEL DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL SCHOPMEYER DIRECTOR 1.00
Director
$0 $0 $0
NATE HAHN DIRECTOR 1.00
Director
$0 $0 $0
NEELY PIERCE DIRECTOR 1.00
Director
$0 $0 $0
PEPPER MULHERIN DIRECTOR 1.00
Director
$0 $0 $0
PETE PARADOSSI DIRECTOR 1.00
Director
$0 $0 $0
RANDY MILLER DIRECTOR 1.00
Director
$0 $0 $0
RICHARD LEGER DIRECTOR 1.00
Director
$0 $0 $0
STACEY MCNEILL DIRECTOR 1.00
Director
$0 $0 $0
STEVE ROELLE DIRECTOR 1.00
Director
$0 $0 $0
TAMI HACK DIRECTOR 1.00
Director
$0 $0 $0
TIM HOLLANDER DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN ELPERS DIRECTOR 1.00
Director
$0 $0 $0
STEVE LOEHR DIRECTOR 1.00
Director
$0 $0 $0
JENNA RICHARDT DIRECTOR 1.00
Director
$0 $0 $0
BANKS BREWSTER DIRECTOR 1.00
Director
$0 $0 $0
CHRIS TRAYLOR DIRECTOR 1.00
Director
$0 $0 $0
DYLAN REXING DIRECTOR 1.00
Director
$0 $0 $0
JACOB WEIS DIRECTOR 1.00
Director
$0 $0 $0
JEFFREY HENNING DIRECTOR 1.00
Director
$0 $0 $0
NATE FOOTE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL HEAD DIRECTOR 1.00
Director
$0 $0 $0
JARED MCINTOSH DIRECTOR 1.00
Director
$0 $0 $0
LLOYD WINNECKE CEO 40.00
Officer
$0 $0 $0
TARA BARNEY CEO 40.00
Officer
$293,531 $25,390 $318,921
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 $1,562,044 $1,436,728 $6,039,897 $125,316
2024 $8,437,212 $5,646,072 $6,107,211 $2,791,140
2023 $5,236,508 $5,289,175 $4,306,291 $-52,667
2022 $3,834,471 $3,841,573 $3,091,119 $-7,102
2021 $3,089,555 $2,613,691 $3,200,901 $475,864
2020 $1,466,313 $1,420,835 $831,566 $45,478
2019 $1,743,207 $1,697,649 $653,982 $45,558
2018 $1,792,866 $1,903,072 $692,464 $-110,206
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