WARREN COUNTY DEVELOPMENT CORPORATION

EIN: 475630568 501(c)(3) Housing & Shelter

MCMINNVILLE, TN

Total Revenue
$245,138
Total Expenses
$252,456
Total Assets
$5,457,092
Net Assets
$5,445,266
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
TN
Principal Officer
PAM VAUGHN
Phone
9314733286
Tax Period
2025-01-01 to 2025-12-31

WARREN COUNTY DEVELOPMENT CORPORATION, founded in 2016, is a small nonprofit in the Housing & Shelter sector that reported $245K in total revenue in fiscal year 2025. Net assets of $5.4M represent 267 months of operating reserves.

Mission

THE SPECIFIC PURPOSES FOR WHICH THIS CORPORATION IS ORGANIZED INCLUDE, BUT ARE NOT LIMITED TO:A. ASSIST LOW AND MODERATE INCOME INDIVIDUALS AND THEIR FAMILIES IN OBTAINING ADEQUATE HOUSING WHICH THEY WOULD NOT BE ABLE TO AFFORD WITHOUT ASSISTANCE OR SUPPORT.B. FINANCE, CONSTRUCT, LEASE, OPERATE AND ACT AS THE DEVELOPER OF AFFORDABLE HOUSING.C. PROVIDE SUPPORTIVE SERVICES AND COMMUNITY DEVELOPMENT ACTIVITIES TO BENEFIT LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES.

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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 $72,186
Program Service Revenue $47,240
Investment Income $125,712
Other Revenue $0
TOTAL REVENUE $245,138

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $201,965
Other Expenses $252,456
TOTAL EXPENSES $252,456

Year-over-Year Comparison

2025 2024 Change
Revenue $245,138 $236,288 +0.0%
Expenses $252,456 $151,282 +0.7%
Net Income $-7,318 $85,006 -1.1%
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

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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
5
Independent Members
5
Employees
N/A
Volunteers
85

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
$119,838
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOMMY SAVAGE CHAIRMAN 2.00
Officer Director
$0 $0 $0
BARRY KING VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
JEANIE MCCORMICK MEMBER 2.00
Director
$0 $0 $0
KEVIN DUNLAP MEMBER 2.00
Director
$0 $0 $0
HENRIETTA LUSK MEMBER 2.00
Director
$0 $0 $0
PAMELA VAUGHN EXECUTIVE DIRECTOR 2.00
Officer
$0 $0 $119,838
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 $245,138 $252,456 $5,457,092 $-7,318
2024 No data No data No data No data
2023 $187,977 $165,146 $5,347,987 $22,831
2022 $220,232 $136,616 $5,301,776 $83,616
2021 $591,485 $86,627 $5,511,388 $504,858
2020 $139,925 $78,943 $4,942,204 $60,982
2019 $288,952 $103,168 $4,880,575 $185,784
2018 $378,071 $54,466 $4,694,040 $323,605
2018 $906,815 $54,466 $4,694,040 $852,349
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