WHITE COUNTY ECONOMIC DEVELOPMENT ORGANIZATION INC

EIN: 351645329 501(c)(3)

MONTICELLO, IN

Total Revenue
$445,308
Total Expenses
$413,414
Total Assets
$472,407
Net Assets
$472,407
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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
IN
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.

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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 (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

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Governance

Voting Members
25
Independent Members
25
Employees
3
Volunteers
24

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
6
$201,584
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
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
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