GREENWOOD COMMUNITY DEVELOPMENT CORPORATION

EIN: 473642186 Community Improvement

Greenwood, IN

Total Revenue
$91,162
Total Expenses
$31,178
Total Assets
$359,291
Net Assets
$359,291
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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
2014
Legal Domicile
IN
Principal Officer
Michelle Straumins
Phone
3178880494
Tax Period
2024-01-01 to 2024-12-31

GREENWOOD COMMUNITY DEVELOPMENT CORPORATION, founded in 2014, is a micro nonprofit in the Community Improvement sector that reported $91K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $60K, a strong 66% operating margin.

Mission

PROMOTE ECONOMIC AND REDEVELOPMENT PROJECTS WITHIN THE CITY OF GREENWOOD INDIANA

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $91,162
TOTAL REVENUE $91,162

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $31,178
Other Expenses $31,178
TOTAL EXPENSES $31,178

Year-over-Year Comparison

2024 2023 Change
Revenue $91,162 $175,020 -0.5%
Expenses $31,178 $127,758 -0.8%
Net Income $59,984 $47,262 +0.3%
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
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE STRAUMINS DIRECTOR 0
Officer
$0 $0 $0
LEANNE LOLLAR OFFICER 0
Officer
$0 $0 $0
PAUL ST PIERRE OFFICER 0
Officer
$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 $91,162 $31,178 $359,291 $59,984
2023 $175,020 $127,758 $299,307 $47,262
2022 $351,327 $104,017 $252,045 $247,310
2021 $226,047 $226,047 $4,735 No data
2020 $261,381 $308,634 $4,735 $-47,253
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