Tahoe Prosperity Center

EIN: 453559172 501(c)(3) Community Improvement

Incline Village, NV

Total Revenue
$685,738
Total Expenses
$583,149
Total Assets
$394,082
Net Assets
$263,193
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NV
Principal Officer
Heidi Hill-Drum
Phone
7752980267
Tax Period
2024-01-01 to 2024-12-31

Tahoe Prosperity Center, founded in 2011, is a small nonprofit in the Community Improvement sector that reported $686K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $583K left a modest 15% surplus.

Mission

The Tahoe Prosperity Center (TPC) is an innovative nonprofit collaborative created to champion the prosperity initiatives identified in the 2010 Lake Tahoe Basin Prosperity Plan. The TPCs goal is to unite Tahoe's communities to strengthen regional prosperity.

Program Service Accomplishments

Program 1
Expenses: $167,958 Revenue: $133,783

Connected Tahoe - Connected Tahoe is bringing gigabit-level service to the entire Basin by collaborating with local providers, jurisdictions, the California Public Utilities Commission the "CPUC")...

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Connected Tahoe - Connected Tahoe is bringing gigabit-level service to the entire Basin by collaborating with local providers, jurisdictions, the California Public Utilities Commission the "CPUC"), and communities to find the most economically, environmentally, and fiscally solvent broadband solutions for the Tahoe Region. The Organization is working to facilitate broadband infrastructure projects in problem areas throughout the Basin. This is being done by working with the CPUC to identify Internet Service Providers (ISPs) that are ready, able, and willing to provide the infrastructure through a push for a Basin-wide "dig once policy and by ensuring that broadband infrastructure is included in any and all planning efforts in Lake Tahoe.

Program 2
Expenses: $144,191 Revenue: $215,213

Envision Tahoe - In 2021, the Tahoe Prosperity Center was selected by the U.S. Economic Development Administration to facilitate a Regional Economic Recovery and Resiliency Strategy for the people of...

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Envision Tahoe - In 2021, the Tahoe Prosperity Center was selected by the U.S. Economic Development Administration to facilitate a Regional Economic Recovery and Resiliency Strategy for the people of the Tahoe-Truckee Region based upon its ongoing work with partners in housing, broadband, and workforce development. The Organization launched Envision Tahoe: Prosperity Plan 2.0. This work began with an initial report to analyze "baseline" conditions, followed by a second report that collected and synthesized input from stakeholders throughout the Tahoe community. In June 2022, the Organization released its Envision Tahoe Prosperity Playbook, a shared action plan for economic resilience, investment and community inclusion.

Program 3
Expenses: $36,372 Revenue: $36,372

Alert Tahoe - ALERTWildfire is a network of nearly 1,000 specialized camera installations used by first responders and volunteers to detect wildfires before they become too big. The cameras also...

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Alert Tahoe - ALERTWildfire is a network of nearly 1,000 specialized camera installations used by first responders and volunteers to detect wildfires before they become too big. The cameras also support critical evacuation and firefighting efforts by relaying real-time information when it's needed most. ALERTWildfire is a collaboration between major universities, first responders (CAL Fire, Emergency Services), federal agencies (US Forest Service, Bureau of Land Management), and more, who actively use the strategically placed cameras 24/7 to protect people, homes, and the environment.

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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 $638,324
Program Service Revenue $0
Investment Income $1,927
Other Revenue $45,487
TOTAL REVENUE $685,738

Expense Breakdown

Grants Paid $0
Salaries & Benefits $427,652
Fundraising Expenses $9,142
Program Expenses $368,734
Other Expenses $155,497
TOTAL EXPENSES $583,149

Year-over-Year Comparison

2024 2023 Change
Revenue $685,738 $552,553 +0.2%
Expenses $583,149 $691,939 -0.2%
Net Income $102,589 $-139,386 -1.7%
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
13
Independent Members
13
Employees
5
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
5
$138,000
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Heidi Hill-Drum CEO 40.00
Officer
$138,000 $0 $138,000
Derrick Martin Program Manager 40.00
$101,250 $0 $101,250
Roger Rempfer Chairman 2.00
Officer Director
$0 $0 $0
Alexis Hill Director 2.00
Officer Director
$0 $0 $0
Bill Kelly Treasurer 4.00
Officer Director
$0 $0 $0
Laura Metune Secretary 2.00
Officer Director
$0 $0 $0
Stacy Caldwell Director 2.00
Director
$0 $0 $0
Todd Cutler Director 2.00
Director
$0 $0 $0
Karen Fink Director 2.00
Director
$0 $0 $0
Nicole Rudelbach Director 2.00
Director
$0 $0 $0
Gloria Sterns Director 2.00
Director
$0 $0 $0
Tamara Wallace Director 2.00
Director
$0 $0 $0
Jesse Walker Director 2.00
Director
$0 $0 $0
Kyle Zimbelman Director 2.00
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 No data No data No data No data
2024 $685,738 $583,149 $394,082 $102,589
2023 $552,553 $691,939 $203,619 $-139,386
2022 $531,461 $457,818 $348,868 $73,643
2021 $617,563 $599,005 $361,507 $18,558
2020 $321,249 $328,394 $227,734 $-7,145
2019 $487,531 $376,487 $278,322 $111,044
2018 $359,108 $342,626 $123,759 $16,482
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