WHITE COUNTY ECONOMIC DEVELOPMENT … - Form 990 Financial Data

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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

1985

Legal Domicile

Principal Officer

RANDY STRASSER

Phone

5745836557

Tax Period

2025-01-01 to 2025-12-31

WHITE COUNTY ECONOMIC DEVELOPMENT ORGANIZATION INC, founded in 1985, is a small nonprofit that reported $445K in total revenue in fiscal year 2025. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $413K left a modest 7% surplus.

Mission

TO ENHANCE THE ECONOMY OF WHITE COUNTY BY FACILITATING THE GROWTH AND DEVELOPMENT OF BUSINESS AND INDUSTRY.

Program Service Accomplishments

Program 1

Expenses: $269,479

WHITE COUNTY ECONOMIC DEVELOPMENT ORGANIZATION, INC. CONTINUALLY WORKS TO ATTRACT AND MAINTAIN INDUSTRY IN WHITE COUNTY INDIANA. IN 2025, WE MADE 77 BUSINESS RETENTION/EXPANSION VISITS (110% OF...

WHITE COUNTY ECONOMIC DEVELOPMENT ORGANIZATION, INC. CONTINUALLY WORKS TO ATTRACT AND MAINTAIN INDUSTRY IN WHITE COUNTY INDIANA. IN 2025, WE MADE 77 BUSINESS RETENTION/EXPANSION VISITS (110% OF GOAL); RECEIVED 83 LEADS (87% OF GOAL); AND EXPERIENCED 12 BUSINESS EXPANSIONS OR NEW BUSINESSES (150% OF GOAL), RESULTING IN 56,000,000 IN NEW INVESTMENTS (37% OF GOAL).

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $429,026

Program Service Revenue $0

Investment Income $16,282

Other Revenue $0

TOTAL REVENUE $445,308

Expense Breakdown

Grants Paid $0

Salaries & Benefits $271,160

Fundraising Expenses $25,115

Program Expenses $269,479

Other Expenses $142,254

TOTAL EXPENSES $413,414

Year-over-Year Comparison

	2025	2024	Change
Revenue	$445,308	$364,600	+0.2%
Expenses	$413,414	$378,892	+0.1%
Net Income	$31,894	$-14,292	-3.2%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$201,584

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RANDY STRASSER	PRESIDENT	40.00	Officer	$94,404	$38,883	$133,287
DEBRA CONOVER	ADMINSTRATIV	40.00	Officer	$48,635	$19,662	$68,297
ASHLEY BUDD	DIRECTOR	1.00	Director	$0	$0	$0
JOE BUTZ	DIRECTOR	1.00	Director	$0	$0	$0
CASEY CRABB	DIRECTOR	1.00	Director	$0	$0	$0
RENEE COLLIER	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK CULP	DIRECTOR	1.00	Director	$0	$0	$0
JIM DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
ART DRAGOO	DIRECTOR	1.00	Director	$0	$0	$0
BRENT GILLUM	DIRECTOR	1.00	Director	$0	$0	$0
DAVID GIRTZ	DIRECTOR	1.00	Director	$0	$0	$0
BARRY HASKINS	DIRECTOR	1.00	Director	$0	$0	$0
MARTY HUSEMAN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN KOPPLEMANN	DIRECTOR	1.00	Director	$0	$0	$0
MIKE JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
JENILYNNE KYBURZ	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY KYSER	DIRECTOR	1.00	Director	$0	$0	$0
MATT MCKEAN	DIRECTOR	1.00	Director	$0	$0	$0
KALEB PASS	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN POST	DIRECTOR	1.00	Director	$0	$0	$0
CATHY RADERSTORF	DIRECTOR	1.00	Director	$0	$0	$0
MAYOR AARON SIMS	DIRECTOR	1.00	Director	$0	$0	$0
MARK THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
JEFF CAMPBELL	CHAIRMEN	2.00	Officer Director	$0	$0	$0
KAREN MCLEAN	VICE CHAIRMA	2.00	Officer Director	$0	$0	$0
CAROL HENDRESS	SECRETARY	2.00	Officer Director	$0	$0	$0
ANDY RUMMEL	TREASURER	2.00	Officer 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	$445,308	$413,414	$472,407	$31,894
2024	$364,600	$378,892	$440,514	$-14,292
2023	$351,415	$314,638	$454,806	$36,777
2022	$322,741	$361,526	$418,029	$-38,785
2021	$340,613	$262,104	$456,814	$78,509
2020	$318,178	$273,676	$389,859	$44,502
2019	$341,267	$266,597	$345,407	$74,670
2018	$311,549	$280,605	$271,202	$30,944

WHITE COUNTY ECONOMIC DEVELOPMENT ORGANIZATION INC