CLARE COUNTY DEVELOPMENT CORPORATION (EIN 386084621) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1961

Legal Domicile

Principal Officer

STEVEN STARK

Phone

9893863481

Tax Period

2025-01-01 to 2025-12-31

CLARE COUNTY DEVELOPMENT CORPORATION, founded in 1961, is a small nonprofit that reported $236K in total revenue in fiscal year 2025. Revenue surged 5528% from the prior year, signaling strong growth momentum. The organization ran a surplus of $234K, a strong 99% operating margin.

Mission

THE CLARE COUNTY DEVELOPMENT CORPORATION IS RESPONSIBLE FOR OVERSEEING THE OPERATIONS, DEVELOPMENT AND MANAGEMENT OF THE CLARE INDUSTRIAL PARKS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $232,190

Other Revenue $4,200

TOTAL REVENUE $236,390

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,832

Other Expenses $2,832

TOTAL EXPENSES $2,832

Year-over-Year Comparison

	2025	2024	Change
Revenue	$236,390	$4,200	+55.3%
Expenses	$2,832	$1,413	+1.0%
Net Income	$233,558	$2,787	+82.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN STARK	PRESIDENT	5.00	Officer Director	$0	$0	$0
SHANNON WILSON	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN MILLER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JEREMY HOWARD	DIRECTOR	1.00	Director	$0	$0	$0
ALLISON HEINRICH	DIRECTOR	1.00	Director	$0	$0	$0
RON KUNSE	DIRECTOR	1.00	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
2025	$236,390	$2,832	$942,444	$233,558
2024	$4,200	$1,413	$1,227,734	$2,787
2023	$4,500	$8,790	$1,224,947	$-4,290
2022	$66,642	$15,656	$1,229,237	$50,986

CLARE COUNTY DEVELOPMENT CORPORATION