URBAN PARTNERSHIP COMMUNITY DEVELOPMENT CORPORATION

EIN: 392006228 501(c)(3) Housing & Shelter

GREEN BAY, WI

Total Revenue
$241,609
Total Expenses
$283,831
Total Assets
$853,075
Net Assets
$264,951
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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
WI
Principal Officer
PAULA J SCHULTZ
Phone
9205933705
Tax Period
2021-01-01 to 2021-12-31

URBAN PARTNERSHIP COMMUNITY DEVELOPMENT CORPORATION, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $242K in total revenue in fiscal year 2021. Revenue decreased 12% compared to the prior year. Expenses of $284K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE FARMORY IS AN URBAN AQUAPONICS FARM AND FISH HATCHERY FOR SERVING THE PEOPLE OF WISCONSIN. OUR MISSION IS TO PROVIDE LEARNING OPPORTUNITIES IN SUSTAINABLE AGRICULTURE THAT BUILDS ECONOMIC SELF-SUFFICIENCY AND IMPROVES HEALTH AND WELLBEING.

Program Service Accomplishments

Program 1
Expenses: $199,011 Revenue: $14,722

HATCHERY: THE FARMORY MADE SEVERAL PHYSICAL UPGRADES TO OUR FACILITIES. WE CONTINUED OPERATIONS IN OUR STATE-OF-THE-ART COMMERCIAL YELLOW PERCH FISH HATCHERY. IN 2021, WE ALSO LAUNCHED OUR NEW...

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HATCHERY: THE FARMORY MADE SEVERAL PHYSICAL UPGRADES TO OUR FACILITIES. WE CONTINUED OPERATIONS IN OUR STATE-OF-THE-ART COMMERCIAL YELLOW PERCH FISH HATCHERY. IN 2021, WE ALSO LAUNCHED OUR NEW BRANDING, EXPANDED OUR TECHNICAL CAPABILITIES, AND HIRED ONE FULL TIME HATCHERY TECHNICIAN AND PROMOTED OUR HATCHERY TECHNICIAN TO HATCHERY MANAGER. WE ALSO HOSTED 3 AMERICORPS VISTA MEMBERS WHO ALL HELPED BUILD OUR ORGANIZATIONAL CAPACITY TO ACCOMMODATE GROWTH. WE RECEIVED FISH EGGS, HATCHED THEM, GREW THEM TO FINGERLING SIZE AND SOLD THEM TO OVER 60 CUSTOMERS. OUR PERCH WENT INTO INDOOR TANK SYSTEMS, AQUAPONICS SYSTEMS, AND PONDS. WE ACHIEVED OUR FIRST "OFF SEASON" PERCH SPAWN USING OUR OWN YELLOW PERCH THAT WERE RAISED IN HOUSE IN 2020. WE CONTINUE TO ESTABLISH INDUSTRY STANDARD SOPS FOR OFF SEASON PERCH SPAWNING IN RAS SYSTEMS. OUR HATCHERY MANAGER IS ON A COMMITTEE FOR A SEAGRANT PROJECT THAT IS FOCUSING ON STANDARDIZING GROWING YELLOW PERCH FROM EGGS TO MARKET SIZE.

Program 2
Expenses: $44,602 Revenue: $5,797

THE FARMORY CONTINUED THE FARMORYWORKS PROGRAMS WITH 3 COHORTS IN 2021. WITH THE SUCCESS OF OUR PERCH HATCHERY AND THE WEBINARS, WE KNEW IT WAS TIME TO DEEPEN OUR PROGRAMS. ENTER THE FARMORYWORKS...

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THE FARMORY CONTINUED THE FARMORYWORKS PROGRAMS WITH 3 COHORTS IN 2021. WITH THE SUCCESS OF OUR PERCH HATCHERY AND THE WEBINARS, WE KNEW IT WAS TIME TO DEEPEN OUR PROGRAMS. ENTER THE FARMORYWORKS AQUACULTURE TECHNICIAN PROGRAM. IN 2021, WE RECRUITED AND GRADUATED 2 FULL CLASSES TOTALING 20 PARTICIPANTS, COMING FROM ALL WALKS OF LIFE. THESE INDIVIDUALS LEARNED AQUACULTURE CONCEPTS THROUGH WEEKLY WEBINARS OR IN PERSON LECTURES AND HANDS ON TECHNICAL PRACTICE IN OUR FISH HATCHERY. GRADUATES WERE REQUIRED TO DISPLAY CONTENT KNOWLEDGE AND TECHNICAL COMPETENCE IN EACH OF THE CORE AREAS. WE COMPLETED THE FIRST AQUACULTURE ENTREPRENEUR CLASS, GRADUATING 10 PARTICIPANTS, 2 OF WHICH WENT ON TO OPEN THEIR OWN AQUACULTURE BASED STARTUP BUSINESSES! WE ALSO COMPLETED PLANNING AND PROGRAM DEVELOPMENT FOR OUR MIDDLE SCHOOL VIRTUAL FIELD TRIP EXPERIENCES.

Program 3
Expenses: $6,516

AQUAPONICS: THE FARMORY STARTED THE BUILD OUT OF OUR AQUAPONICS DEMONSTRATION LAB IN 2021, WITH THE PROJECT AND SYSTEM BEING FULLY COMPLETED IN EARLY 2022. THIS SYSTEM WILL ALLOW US TO EXPAND OUT OUR...

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AQUAPONICS: THE FARMORY STARTED THE BUILD OUT OF OUR AQUAPONICS DEMONSTRATION LAB IN 2021, WITH THE PROJECT AND SYSTEM BEING FULLY COMPLETED IN EARLY 2022. THIS SYSTEM WILL ALLOW US TO EXPAND OUT OUR PROGRAMMATIC OFFERINGS AS THE SYSTEM IS MUCH MORE ACCESSIBLE THAN OUR BIOSECURE YELLOW PERCH HATCHERY.

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

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $221,090
Program Service Revenue $5,797
Investment Income $0
Other Revenue $14,722
TOTAL REVENUE $241,609

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $13,563
Program Expenses $250,129
Other Expenses $283,831
TOTAL EXPENSES $283,831

Year-over-Year Comparison

2021 2020 Change
Revenue $241,609 $273,306 -0.1%
Expenses $283,831 $279,465 +0.0%
Net Income $-42,222 $-6,159 +5.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
63

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
4
$58,641
Total Directors
13
$15,313
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAULA J SCHULTZ CO-CHAIRMAN/INTERIM EXECUTIVE DIRECTOR 20.00
Officer Director
$0 $0 $15,313
MIKE BENDEL CO-CHAIRMAN 2.00
Officer Director
$0 $0 $0
NOEL S HALVORSEN TREASURER 2.00
Officer Director
$0 $0 $0
JAMES G PANDL BOARD MEMBER 1.00
Director
$0 $0 $0
PHIL HAUCK BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL GRALL BOARD MEMBER 1.00
Director
$0 $0 $0
MARK RADTKE BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN SHIER BOARD MEMBER 1.00
Director
$0 $0 $0
AMANDA CHU BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL LADD BOARD MEMBER 1.00
Director
$0 $0 $0
AMY KOFFARNUSS BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN KATERS BOARD MEMBER 1.00
Director
$0 $0 $0
KATELIN BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
CLAIRE THOMPSON FORMER EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $43,328
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
2021 $241,609 $283,831 $853,075 $-42,222
2020 $273,306 $279,465 $905,867 $-6,159
2019 $75,129 $146,111 $462,311 $-70,982
2018 $289,061 $115,546 $384,315 $173,515
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