WEST CENTRAL INDIANA ECONOMIC DEVELOPMENT DISTRICT INC

EIN: 351146685 501(c)(3) Community Improvement

TERRE HAUTE, IN

Total Revenue
$6,908,983
Total Expenses
$5,796,041
Total Assets
$3,950,633
Net Assets
$3,135,004
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
IN
Principal Officer
RYAN J KELLER
Phone
8122381561
Tax Period
2023-01-01 to 2023-12-31

WEST CENTRAL INDIANA ECONOMIC DEVELOPMENT DISTRICT INC, founded in 1968, is a community nonprofit in the Community Improvement sector that reported $6.9M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 16% operating margin.

Mission

ECONOMIC DEVELOPMENT, ELDERLY SERVICES AND TRANSPORTATION PLANNING

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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 $4,318,226
Program Service Revenue $2,530,141
Investment Income $25,131
Other Revenue $35,485
TOTAL REVENUE $6,908,983

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,203,806
Fundraising Expenses $0
Program Expenses $4,844,969
Other Expenses $2,592,235
TOTAL EXPENSES $5,796,041

Year-over-Year Comparison

2023 2022 Change
Revenue $6,908,983 $5,441,220 +0.3%
Expenses $5,796,041 $5,648,234 +0.0%
Net Income $1,112,942 $-207,014 -6.4%
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
27
Independent Members
27
Employees
77
Volunteers
4

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
9
$141,728
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK CLINKENBEARD MEMBER 1.00
Director
$0 $0 $0
CORY LOOKEBILL MEMBER 1.00
Director
$0 $0 $0
BRIAN WYNDHAM MEMBER 1.00
Director
$0 $0 $0
CHADD JENKINS MEMBER 1.00
Director
$0 $0 $0
MARIE THEISZ MEMBER 1.00
Director
$0 $0 $0
MELISSA BUELL MEMBER 1.00
Director
$0 $0 $0
DAVE BERRY MEMBER 1.00
Director
$0 $0 $0
WILLIAM BILL DORY JR MEMBER 1.00
Director
$0 $0 $0
DOUG BATES MEMBER 1.00
Director
$0 $0 $0
CLINT LAMB MEMBER 1.00
Director
$0 $0 $0
DAVE WILLIAMS MEMBER 1.00
Director
$0 $0 $0
JINSIE BINGHAM MEMBER 1.00
Director
$0 $0 $0
PAUL SINDERS MEMBER 1.00
Director
$0 $0 $0
ANDY STONE MEMBER 1.00
Director
$0 $0 $0
SAMANTHA COOPER MEMBER 1.00
Director
$0 $0 $0
DOUG WEISHEIT MEMBER 1.00
Director
$0 $0 $0
CAMERON MARTIN MEMBER 1.00
Director
$0 $0 $0
CINDY COX MEMBER 1.00
Director
$0 $0 $0
WILLIAM BILL RENNELS MEMBER 1.00
Director
$0 $0 $0
LARRY MOSS VICE PRESIDENT 1.00
Officer
$0 $0 $0
JIM MEECE PRESIDENT 1.00
Officer
$0 $0 $0
TIM GARRETT SECRETARY/VICE PRESIDENT 1.00
Officer
$0 $0 $0
DUKE BENNETT VICE PRESIDENT 1.00
Officer
$0 $0 $0
TIM YOCUM VICE PRESIDENT 1.00
Officer
$0 $0 $0
PHIL GICK VICE PRESIDENT 1.00
Officer
$0 $0 $0
BOB DAVIS VICE PRESIDENT 1.00
Officer
$0 $0 $0
RYAN KELLER EXECUTIVE DIR. 40.00
Officer
$118,658 $23,070 $141,728
BRIAN GARCIA TREASURER 1.00
Officer
$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 $6,908,983 $5,796,041 $3,950,633 $1,112,942
2022 $5,441,220 $5,648,234 $2,759,415 $-207,014
2021 $4,624,225 $4,361,781 $2,629,970 $262,444
2020 $4,831,626 $4,362,564 $2,266,090 $469,062
2019 $4,813,414 $4,651,769 $1,787,345 $161,645
2018 $4,048,149 $4,010,150 $1,715,242 $37,999
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