FEDC NMTC LLC

EIN: 352404544

CHICAGO, IL

Total Revenue
$23,228,536
Total Expenses
$345,001
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
2010
Legal Domicile
IL
Principal Officer
JANET HOFFMAN
Phone
7734202883
Tax Period
2019-07-01 to 2020-06-30

FEDC NMTC LLC, founded in 2010, is a mid-sized nonprofit that reported $23.2M in total revenue in fiscal year 2019. Revenue surged 16883% from the prior year, signaling strong growth momentum. The organization ran a surplus of $22.9M, a strong 99% operating margin.

Mission

ACQUIRING, HOLDING TITLE, AND COLLECTING INCOME FROM REAL PROPERTY, AND REMITTING THE ENTIRE AMOUNT TO ITS TWO OWNERS, BOTH OF WHICH ARE IRC SECTION 501(C)(3) ORGANIZATIONS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $23,184,391
Other Revenue $44,145
TOTAL REVENUE $23,228,536

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $345,001
TOTAL EXPENSES $345,001

Year-over-Year Comparison

2019 2018 Change
Revenue $23,228,536 $136,775 +168.8%
Expenses $345,001 N/A N/A
Net Income $22,883,535 $136,775 +166.3%
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
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES A STEINBACK PRESIDENT & MEMBER 0.00
Officer Director
$0 $0 $0
THEODORE E CORNELL III VP & MEMBER 0.00
Officer Director
$0 $0 $0
JANET GOELZ HOFFMAN MEMBER 0.00
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
2020 $23,228,536 $345,001 No data $22,883,535
2019 $136,775 No data $30,721,018 No data
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