OCONTO COUNTY ECONOMIC DEVELOPMENT CORPORATION (EIN 391286973) - 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

1977

Legal Domicile

Principal Officer

DAVE HONISH

Phone

9208346969

Tax Period

2024-01-01 to 2024-12-31

OCONTO COUNTY ECONOMIC DEVELOPMENT CORPORATION, founded in 1977, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $577K, a strong 48% operating margin.

Mission

STIMULATE DEVELOPMENT OF THE LOCAL ECONOMY, PROVIDE SUPPORT TO EXISTING AND PROSPECTIVE EMPLOYERS, SERVE AS A PROFESSIONAL RESOURCE TO LOCAL UNITS OF GOVERNMENT AND PROMOTE TOURISM OPPORTUNITIES WITHIN OCONTO COUNTY WISCONSIN.

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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 $680,726

Program Service Revenue $430,512

Investment Income $14,875

Other Revenue $85,122

TOTAL REVENUE $1,211,235

Expense Breakdown

Grants Paid $0

Salaries & Benefits $264,972

Fundraising Expenses $0

Program Expenses $467,280

Other Expenses $368,980

TOTAL EXPENSES $633,952

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,211,235	$1,641,064	-0.3%
Expenses	$633,952	$1,434,241	-0.6%
Net Income	$577,283	$206,823	+1.8%

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

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

$113,300

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAYME SELLEN	EXECUTIVE DI	40.00	Officer	$113,300	$0	$113,300
DAVE LALLY	DIRECTOR	0.25	Director	$0	$0	$0
DAVE HONISH	PRESIDENT	0.50	Officer Director	$0	$0	$0
JERRY LUTHER	SECRETARY	0.50	Officer Director	$0	$0	$0
CHAR MEIER	TREASURER	0.50	Officer Director	$0	$0	$0
TRICIA ASCHER	VICE PRESIDE	0.50	Officer Director	$0	$0	$0
GREG GAUTHIER	DIRECTOR	0.25	Director	$0	$0	$0
STEPHANIE HOLMAN	DIRECTOR	0.25	Director	$0	$0	$0
CARLA VAN CAMP	DIRECTOR	0.25	Director	$0	$0	$0
ANDY SCHOOL	DIRECTOR	0.25	Director	$0	$0	$0
NORB REINHART	DIRECTOR	0.25	Director	$0	$0	$0
ROBIN BANASZYNSKI	DIRECTOR	0.25	Director	$0	$0	$0
ALAN SLEETER	DIRECTOR	0.25	Director	$0	$0	$0
JULIE BIEBER	DIRECTOR	0.25	Director	$0	$0	$0
MONICA JOHNSON	DIRECTOR	0.25	Director	$0	$0	$0
ADRIANE BARTLES	DIRECTOR	0.25	Director	$0	$0	$0
CLIFF MARTIN	DIRECTOR	0.25	Director	$0	$0	$0
AMY MARQUARDT	DIRECTOR	0.25	Director	$0	$0	$0
LISA PICHOTTA	DIRECTOR	0.25	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	$1,211,235	$633,952	$1,452,514	$577,283
2023	$1,641,064	$1,434,241	$864,087	$206,823
2022	$690,446	$619,154	$650,148	$71,292
2021	$463,144	$432,585	$560,450	$30,559
2020	$475,536	$483,511	$541,905	$-7,975
2019	$571,611	$484,888	$547,214	$86,723
2018	$513,462	$462,902	$474,876	$50,560

OCONTO COUNTY ECONOMIC DEVELOPMENT CORPORATION