UPTOWN REINVESTMENT CORPORATION (EIN 383493359) - Form 990 Financial Analysis & Trantor Score

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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

1999

Legal Domicile

Phone

8102385555

Tax Period

2024-01-01 to 2024-12-31

UPTOWN REINVESTMENT CORPORATION, founded in 1999, is a community nonprofit in the Community Improvement sector that reported $7.3M in total revenue in fiscal year 2024. Revenue fell 51% from the prior year — a significant decline worth monitoring. Net assets of $81.6M represent 133 months of operating reserves.

Mission

TO PROMOTE ECONOMIC GROWTH, EMPLOYMENT AND DEVELOPMENT IN THE DOWNTOWN FLINT BUSINESS DISTRICT BY OFFERING FINANCIAL ASSISTANCE, ASSISTANCE IN OBTAINING PRIVATE INVESTMENT CAPITAL, REAL PROPERTY, AND OTHER INCENTIVES TO BUSINESSES CONSIDERING LOCATING NEW FACILITIES OR DEVELOPMENTS IN THE DOWNTOWN FLINT BUSINESS DISTRICT.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,548,600

Program Service Revenue $242,716

Investment Income $-1,563,461

Other Revenue $1,113,739

TOTAL REVENUE $7,341,594

Expense Breakdown

Grants Paid $4,548,986

Salaries & Benefits $1,264,385

Fundraising Expenses $0

Program Expenses $7,457,830

Other Expenses $1,677,908

TOTAL EXPENSES $7,491,279

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,341,594	$14,851,531	-0.5%
Expenses	$7,491,279	$16,266,910	-0.5%
Net Income	$-149,685	$-1,415,379	-0.9%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBORAH CHERRY	TREASURER	1.0	Officer Director	$0	$0	$0
GREG VIENER	CHAIR/SECRETARY	1.0	Officer Director	$0	$0	$0
JOHN STOCK	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
TIM HERMAN	PRESIDENT	1.0	Officer Director	$0	$0	$0
BOBBY MUKKAMALA	DIRECTOR	1.0	Director	$0	$0	$0
DAVE FORYSTEK	DIRECTOR - PART YEAR	1.0	Director	$0	$0	$0
GREG FIEDLER	DIRECTOR	1.0	Director	$0	$0	$0
LUTHER BROWN	DIRECTOR	1.0	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	$7,341,594	$7,491,279	$83,376,637	$-149,685
2023	$14,851,531	$16,266,910	$83,990,325	$-1,415,379
2022	$3,251,972	$3,112,599	$84,963,973	$139,373
2021	$7,223,856	$2,848,394	$86,466,656	$4,375,462
2020	$9,779,607	$2,680,085	$83,281,236	$7,099,522
2019	$13,804,257	$2,354,376	$73,610,956	$11,449,881
2018	$9,882,216	$4,801,880	$64,540,461	$5,080,336

UPTOWN REINVESTMENT CORPORATION