GROWTH DIMENSIONS FOR BELVIDERE & BOONE COUNTY INC

EIN: 363196645

BELVIDERE, IL

Total Revenue
$444,017
Total Expenses
$373,930
Total Assets
$495,220
Net Assets
$412,378
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
IL
Principal Officer
PAMELA LOPEZ-FETTES
Phone
8155474252
Tax Period
2024-01-01 to 2024-12-31

GROWTH DIMENSIONS FOR BELVIDERE & BOONE COUNTY INC, founded in 1979, is a small nonprofit that reported $444K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $70K, a strong 16% operating margin.

Mission

GROWTH DIMENSIONS PROMOTES ECONOMIC DEVELOPMENT IN BOONE COUNTY AND SURROUNDING AREAS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $453,659
Program Service Revenue $0
Investment Income $10,003
Other Revenue $-19,645
TOTAL REVENUE $444,017

Expense Breakdown

Grants Paid $7,300
Salaries & Benefits $240,643
Fundraising Expenses $70,195
Other Expenses $125,987
TOTAL EXPENSES $373,930

Year-over-Year Comparison

2024 2023 Change
Revenue $444,017 $387,682 +0.1%
Expenses $373,930 $411,836 -0.1%
Net Income $70,087 $-24,154 -3.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
27
Independent Members
27
Employees
4
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
5
$104,593
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAMELA LOPEZ-FETTES EXECUTIVE DI 40.00
Officer
$104,593 $0 $104,593
JOHN WOLF END 1231 TRUSTEE N/A
Director
$0 $0 $0
MATT BRANOM TRUSTEE N/A
Director
$0 $0 $0
CLINT MORRIS END 1231 TRUSTEE N/A
Director
$0 $0 $0
SUSAN FAGAN SECRETARY N/A
Officer
$0 $0 $0
DONALD SATTLER END 1231 TRUSTEE N/A
Director
$0 $0 $0
AMY NORD COMMUNITY PA N/A
Director
$0 $0 $0
DEBBIE YUNK TRUSTEE N/A
Director
$0 $0 $0
DAVID ANSPAUGH TRUSTEE N/A
Director
$0 $0 $0
PAUL NOLLEY DIRECTOR N/A
Director
$0 $0 $0
TOM HUTCHINSON TRUSTEE N/A
Director
$0 $0 $0
MICHAEL GOELITZ PRESIDENT N/A
Officer
$0 $0 $0
SCOTT GREENLEE TRUSTEE N/A
Director
$0 $0 $0
BERNIE O'MALLEY TRUSTEE N/A
Director
$0 $0 $0
MICHAEL DUNN TRUSTEE N/A
Director
$0 $0 $0
CONOR BROWN TREASURER N/A
Officer
$0 $0 $0
GINA CARONNA TRUSTEE N/A
Director
$0 $0 $0
DANY ELDIK TRUSTEE N/A
Director
$0 $0 $0
JOAN SAGE TRUSTEE N/A
Director
$0 $0 $0
CASSANDRA SCHUG TRUSTEE N/A
Director
$0 $0 $0
HANSEN STEWART TRUSTEE N/A
Director
$0 $0 $0
TOM WALBERG TRUSTEE N/A
Director
$0 $0 $0
KAREN HALSTEAD VICE CHAIR N/A
Officer Director
$0 $0 $0
DAN SNOW TRUSTEE N/A
Director
$0 $0 $0
DARRELL POLFLIET TRUSTEE N/A
Director
$0 $0 $0
ENRIQUE RUBIO TRUSTEE N/A
Director
$0 $0 $0
HOWARD SPEARMAN COMMUNITY PA N/A
Director
$0 $0 $0
KARL JOHNSON CHAIRMAN N/A
Director
$0 $0 $0
KRISTI RICHARDSON TRUSTEE N/A
Director
$0 $0 $0
MARTESHA BROWN TRUSTEE N/A
Director
$0 $0 $0
MIKE PATERSON DIRECTOR N/A
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
2024 $444,017 $373,930 $495,220 $70,087
2023 $387,682 $411,836 $422,695 $-24,154
2022 $360,384 $330,492 $420,963 $29,892
2021 $285,338 $306,034 $405,975 $-20,696
2020 $251,367 $334,088 $395,983 $-82,721
2019 $304,114 $253,543 $456,895 $50,571
2018 $273,048 $284,152 $443,480 $-11,104
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