Kalamazoo, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Downtown Kalamazoo Inc, founded in 1989, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2021. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 12% surplus.
PLAN AND COORDINATE PUBLIC AND PRIVATE DEVELOPMENT IN DOWNTOWN KALAMAZOO TO ASSURE THAT THE DOWNTOWN AREA IS ABLE TO SUPPORT RETAIL, COMMERCIAL, AND RESIDENTIAL ACTIVITY IN THE INTEREST OF MAINTAINING THE CENTRAL BUSINESS DISTRICT AS THE CORE OF THE COMMUNITY. THE EXEMPT PURPOSE OF THE ORGANIZATION INCLUDES LESSENING THE BURDEN OF THE CITY OF KALAMAZOO GOVERNMENT BY PROVIDING STAFFING SERVICES FOR THE DOWNTOWN DEVELOPMENT AUTHORITY AND OPERATING THE PARKING STRUCTURES OWNED AND BUILT BY THE CITY OF KALAMAZOO FOR THE BENEFIT OF THE PUBLIC. THE ORGANIZATION EXISTS TO CREATE A SENSE OF PLACE FOR A DIVERSE COMMUNITY BY SUPPORTING AND SPONSORING EVENTS, ACTIVITIES AND PUBLIC SPACES WHICH ARE FUN, SAFE AND WELCOMING TO ALL WITH A FOCUS ON FAMILIES, YOUTH AND EDUCATION.
IN COORDINATION WITH OTHER RELATED ENTITIES THE ORGANIZATION HAS IMPLEMENTED NEW REHABILITATION PROJECTS IN THE DOWNTOWN KALAMAZOO AREA TO IMPROVE THE HEALTH, LIVING, AND WORKING CONDITIONS IN THE...
IN COORDINATION WITH OTHER RELATED ENTITIES THE ORGANIZATION HAS IMPLEMENTED NEW REHABILITATION PROJECTS IN THE DOWNTOWN KALAMAZOO AREA TO IMPROVE THE HEALTH, LIVING, AND WORKING CONDITIONS IN THE DOWNTOWN DISTRICT. FUND AND ADMINISTER MUSICAL AND VISUAL ARTS IN WHICH LOCAL DIVERSE GROUPS SHOWCASE THEIR CULTURES THROUGH MUSIC, DANCE, AND FOOD, THE ANNUAL HOLIDAY PARADE, AND INFORMATIONAL PROGRAMS DEALING WITH PUBLIC SAFETY CONCERNS IN THE CITY OF KALAMAZOO.
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)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $1,367,192 | $993,277 | +0.4% |
| Expenses | $1,202,419 | $850,314 | +0.4% |
| Net Income | $164,773 | $142,963 | +0.2% |
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 |
|---|---|---|---|---|---|---|
| ANDREW HAAN | PRESIDENT | 40.0 |
Officer
|
$139,742 | $1,575 | $141,317 |
| DEREK NOFZ | CHAIR | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN WATTS | VICE-CHAIR | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| CLARENCE LLOYD | SECRETARY | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT CINABRO | TREASURER | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| TOM SHUSTER | PAST CHAIR | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| JAMAURI BOGAN | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| ELYSE BREY | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| NNAMDI DIKE | KALAMAZOO LIBRARY DELEGATE | 1.0 |
Director
|
$0 | $0 | $0 |
| GREG DOBSON | DIRECTOR-COALITION FOR GROWTH | 1.0 |
Director
|
$0 | $0 | $0 |
| JIM ESCAMILLA | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| GRANT FLETCHER | DIRECTOR-DDA DELEGATE | 1.0 |
Director
|
$0 | $0 | $0 |
| JANE GHOSH | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| BJORN GREEN | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| LISA HENTHORN | DIRECTOR-COUNTY DELEGATE | 1.0 |
Director
|
$0 | $0 | $0 |
| BOBBY HOPEWELL | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| BOB LEWIS | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| SEAN MCBRIDE | DIRECTOR-CCTA/KCTA DELEGATE | 1.0 |
Director
|
$0 | $0 | $0 |
| BETH MCCANN | DIRECTOR-COALITION FOR EXPERIE | 1.0 |
Director
|
$0 | $0 | $0 |
| GREG MILLIKEN | DIRECTOR-COALITION FOR PLACE | 1.0 |
Director
|
$0 | $0 | $0 |
| MARGARET PATTON | DIRECTOR-COALITION FOR PEOPLE | 1.0 |
Director
|
$0 | $0 | $0 |
| JIM RITSEMA | DIRECTOR-CITY MANAGER | 1.0 |
Director
|
$0 | $0 | $0 |
| CHRIS SHOOK | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| CINDY STEWART | DIRECTOR-DTI DELEGATE | 1.0 |
Director
|
$0 | $0 | $0 |
| MARTHA TODD | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| L MARSHALL WASHINGTON | DIRECTOR-KVCC DELEGATE | 1.0 |
Director
|
$0 | $0 | $0 |
| ANDY WENZEL | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| KARA WOOD | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| CHRIS ZEIGLER | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $1,367,192 | $1,202,419 | $796,541 | $164,773 |
| 2020 | $993,277 | $850,314 | $747,931 | $142,963 |
| 2019 | $798,311 | $802,232 | $486,617 | $-3,921 |
| 2018 | $918,367 | $878,508 | $424,172 | $39,859 |
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