MIDCOR CORPORATION

EIN: 351695852

MADISON, IN

Total Revenue
N/A
Total Expenses
$8,659
Total Assets
N/A
Net Assets
N/A
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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
1983
Legal Domicile
IN
Principal Officer
DOUG HAMILTON
Phone
8125696991
Tax Period
2021-01-01 to 2021-11-30

Mission

TO STIMULATE QUALITY ECONOMIC DEVELOPMENT TO RAISE THE STANDARD OF LIVING AND PROMOTE QUALITY OF LIFE IN JEFFERSON COUNTY

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $871
Other Expenses $8,659
TOTAL EXPENSES $8,659

Year-over-Year Comparison

2021 2020 Change
Revenue N/A $167 -1.0%
Expenses $8,659 $15,449 -0.4%
Net Income N/A $-15,282 N/A
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
7
Independent Members
7
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF PHILLIPS DIRECTOR N/A
Director
$0 $0 $0
DUSTIN STEWART DIRECTOR N/A
Director
$0 $0 $0
KENTON WILLIAMS DIRECTOR N/A
Director
$0 $0 $0
TAMMY CARNES TREASURER/SE N/A
Officer
$0 $0 $0
DOUG HAMILTON PRESIDENT N/A
Officer
$0 $0 $0
JEFF STUDEBAKER VICE PRESIDE N/A
Officer
$0 $0 $0
MATT WIRTH EXECUTIVE DI N/A
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
2021 No data $8,659 No data No data
2020 $167 $15,449 $8,756 $-15,282
2019 $151,062 $131,355 $24,131 $19,707
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