EAST CHICAGO, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)EAST CHICAGO URBAN ENTERPRISE ASSOCIATION INC, founded in 1989, is a micro nonprofit in the Community Improvement sector that reported $38K in total revenue in fiscal year 2022. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $255K exceeded revenue, resulting in a 577% operating deficit.
THE ORGANIZATION SHALL PROVIDE FOR AND SUPPORT THE RESIDENTS AND BUSINESSES WITHIN THE CITY OF EAST CHICAGO, INDIANA, AS A WHOLE, INCLUDING BUT NOT LIMITED TO THE FORMER EAST CHICAGO URBAN ENTERPRISE ZONE, THROUGH PARTNERSHIPS AND INCENTIVES, WITH THE FOLLOWING SPECIFIC OBJECTIVES: 1. TO IMPROVE LONG-TERM ECONOMIC GROWTH IN THE AREA BY ENCOURAGING BUSINESS AND RESIDENTIAL INVESTMENT AND REDEVELOPMENT THROUGH PROMOTION OF THE LOCAL ECONOMY, IMPROVEMENT OF THE SKILL LEVEL OF THE LOCAL EMPLOYMENT BASE, AND ENHANCEMENT OF COMMUNITY DEVELOPMENT; 2. TO DEVELOP NEW PARTNERSHIPS AND ENHANCE EXISTING PARTNERSHIPS IN SUPPORT OF LOCAL ECONOMIC DEVELOPMENT BY BECOMING AN ACTIVE PARTNER IN THE ECONOMIC DECISION-MAKING PROCESS OF THE CITY OF EAST CHICAGO; AND 3. TO ESTABLISH AN INTERNATIONAL REPUTATION FOR THE ORGANIZATION AS AN ENGINE OF ECONOMIC DEVELOPMENT IN THE CITY OF EAST CHICAGO.
PROVIDING FOR AND SUPPORTING THE RESIDENTS AND BUSINESSES OF THE EAST CHICAGO ENTERPRISE ZONE THROUGH PARTNERSHIPS AND TAX INCENTIVES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $37,662 | $122,776 | -0.7% |
| Expenses | $254,955 | $212,482 | +0.2% |
| Net Income | $-217,293 | $-89,706 | +1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KIMBERLY EDWARDS | BOARD MEMBER | 1.00 |
Director
|
$3,600 | $0 | $3,600 |
| STANLEY KUBAS | BOARD MEMBER | 1.00 |
Director
|
$3,600 | $0 | $3,600 |
| EARL HARRIS JR | BOARD MEMBER | 1.00 |
Director
|
$3,600 | $0 | $3,600 |
| RON KOMENDAT | SECRETARY | 1.00 |
Officer
Director
|
$3,600 | $0 | $3,600 |
| MANUEL MARTINEZ | VICE CHAIRMAN | 1.00 |
Officer
Director
|
$3,600 | $0 | $3,600 |
| GILDA ORANGE | BOARD MEMBER | 1.00 |
Director
|
$3,600 | $0 | $3,600 |
| DWAYNE RANCIFER | BOARD MEMBER | 1.00 |
Director
|
$3,600 | $0 | $3,600 |
| DOUGLAS SLOSS | BOARD MEMBER | 1.00 |
Director
|
$3,600 | $0 | $3,600 |
| MAY CATHERINE THOMAS | TREASURER | 1.00 |
Officer
Director
|
$3,600 | $0 | $3,600 |
| TERRENCE VELLIGAN | CHAIRMAN | 1.00 |
Officer
Director
|
$3,600 | $0 | $3,600 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $37,662 | $254,955 | $3,826,591 | $-217,293 |
| 2022 | $122,776 | $212,482 | $5,035,841 | $-89,706 |
| 2021 | $-201,193 | $247,770 | $6,061,848 | $-448,963 |
| 2020 | $220,510 | $199,960 | $6,266,532 | $20,550 |
| 2019 | $281,483 | $243,258 | $6,903,492 | $38,225 |
| 2018 | $256,147 | $1,282,903 | $2,509,620 | $-1,026,756 |
Compare EAST CHICAGO URBAN ENTERPRISE ASSOCIATION INC with other nonprofits in Indiana and across the country.