JEDCO DEVELOPMENT CORPORATION

EIN: 462750063 501(c)(3) Community Improvement

AVONDALE, LA

Total Revenue
$350,448
Total Expenses
$343,268
Total Assets
$154,349
Net Assets
$18,274
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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
1990
Legal Domicile
LA
Principal Officer
JAMES BAUM JR
Phone
5048753908
Tax Period
2025-01-01 to 2025-12-31

JEDCO DEVELOPMENT CORPORATION, founded in 1990, is a small nonprofit in the Community Improvement sector that reported $350K in total revenue in fiscal year 2025. Revenue surged 49% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE US SMALL BUSINESS ADMINISTRATION (SBA) LOANS TO SMALL BUSINESSES LOCATED WITHIN THE GEOGRAPHIC AREA OF THE STATE OF LOUISIANA BY WORKING WITH THE SBA AND PARTICIPATING PRIVATE LENDERS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $343,269
Investment Income $7,179
Other Revenue $0
TOTAL REVENUE $350,448

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $343,268
Other Expenses $343,268
TOTAL EXPENSES $343,268

Year-over-Year Comparison

2025 2024 Change
Revenue $350,448 $235,046 +0.5%
Expenses $343,268 $227,263 +0.5%
Net Income $7,180 $7,783 -0.1%
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
11
Independent Members
11
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROXANNE AROCHA MEMBER 0.52
Director
$0 $0 $0
JAMES BAUM JR CHAIRMAN 0.52
Officer Director
$0 $0 $0
DARREN CHIFICI MEMBER 0.52
Director
$0 $0 $0
MARIA TERESA LAWRENCE TREASURER 0.52
Officer Director
$0 $0 $0
MICHAEL O'CONNOR MEMBER 0.52
Director
$0 $0 $0
PAULA POLITO VICE CHAIR 0.52
Officer Director
$0 $0 $0
JOE RICCOBONO SECRETARY 0.52
Officer Director
$0 $0 $0
MELISSA SIMEON MEMBER 0.52
Director
$0 $0 $0
TERI TUCKER MEMBER 0.52
Director
$0 $0 $0
SHONDRA WILLIAMS MEMBER 0.52
Director
$0 $0 $0
MELISSA O'NEAL MEMBER 0.52
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 $350,448 $343,268 $154,349 $7,180
2024 $235,046 $227,263 $129,133 $7,783
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