LINDENPOINTE DEVELOPMENT CORPORATION

EIN: 452425023 501(c)(3) Community Improvement

HERMITAGE, PA

Total Revenue
$676,101
Total Expenses
$522,858
Total Assets
$685,044
Net Assets
$548,130
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
PA
Principal Officer
BRADLEY CALLEJA
Phone
7249813496
Tax Period
2024-01-01 to 2024-12-31

LINDENPOINTE DEVELOPMENT CORPORATION, founded in 2011, is a small nonprofit in the Community Improvement sector that reported $676K in total revenue in fiscal year 2024. Revenue surged 76% from the prior year, signaling strong growth momentum. The organization ran a surplus of $153K, a strong 23% operating margin.

Mission

DEVELOP AND MANAGE A SMALL BUSINESS INCUBATOR TO SERVE THE OHIO/PA INTERSTATE REGION BY PROVIDING EDUCATION, TRAINING, MENTORSHIP AND A NETWORK OF SERVICE PROVIDERS. THE ORGANIZATION WILL PROVIDE HANDS-ON MANAGEMENT ASSISTANCE AND ORCHESTRATE EXPOSURE TO CRITICAL BUSINESS OR TECHNICAL SUPPORT SERVICES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $504,097
Program Service Revenue $172,004
Investment Income $0
Other Revenue $0
TOTAL REVENUE $676,101

Expense Breakdown

Grants Paid $0
Salaries & Benefits $233,205
Fundraising Expenses $800
Program Expenses $480,613
Other Expenses $289,653
TOTAL EXPENSES $522,858

Year-over-Year Comparison

2024 2023 Change
Revenue $676,101 $383,540 +0.8%
Expenses $522,858 $464,934 +0.1%
Net Income $153,243 $-81,394 -2.9%
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

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Governance

Voting Members
10
Independent Members
10
Employees
6
Volunteers
10

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
6
$99,666
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG COLUMBUS PRESIDENT 1.00
Officer Director
$0 $0 $0
RICHARD EPSTEIN BOARD MEMBER 1.00
Director
$0 $0 $0
FRANK C MINDICINO SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN ROSE VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
SARAH PALMER TREASURER 1.00
Officer Director
$0 $0 $0
BRIAN SLAWIN BOARD MEMBER 1.00
Director
$0 $0 $0
JEREME FREY BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFREY BARKER BOARD MEMBER 1.00
Director
$0 $0 $0
KEN SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF MEIER BOARD MEMBER EFF 8/24 1.00
Director
$0 $0 $0
JEFF MEIER EXECUTIVE DIRECTOR UNTIL 8/24 40.00
Officer
$61,333 $0 $61,333
BRADLEY T CALLEJA EXECUTIVE DIRECTOR EFF 8/24 40.00
Officer
$38,333 $0 $38,333
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 $676,101 $522,858 $685,044 $153,243
2023 $383,540 $464,934 $500,338 $-81,394
2022 $536,450 $475,855 $524,774 $60,595
2021 $245,195 $316,195 $443,559 $-71,000
2020 $419,409 $199,583 $553,411 $219,826
2019 $293,046 $207,567 $320,057 $85,479
2018 $278,375 $223,616 $201,548 $54,759
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