CORNING, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THREE RIVERS DEVELOPMENT CORPORATION, founded in 1967, is a small nonprofit that reported $609K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $94K, a strong 15% operating margin.
TO FACILITATE AND DRIVE COMMUNITY AND ECONOMIC INITIATIVES AND COLLABORATIONS THAT GROW THE REGIONAL ECONOMY AND ENHANCE THE OVERALL QUALITY OF LIFE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $608,761 | $489,802 | +0.2% |
| Expenses | $514,740 | $458,300 | +0.1% |
| Net Income | $94,021 | $31,502 | +2.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| FRED ARCURI | CHAIR OF THE BOARD | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MILLICENT RUFFIN | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GEORGE WELCH SR | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOM PISANO | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN BULL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANGELA HAWKEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHIP CUMMINGS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PETER DUGO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMIE JOHNSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN LAWRENCE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL MISHOOK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CARLY NORTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| EDMUND SABANEGH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KAMALA KEELEY | PRESIDENT | 30.00 |
Officer
|
$138,305 | $20,385 | $158,690 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $608,761 | $514,740 | $945,691 | $94,021 |
| 2023 | $489,802 | $458,300 | $701,468 | $31,502 |
| 2022 | $501,313 | $480,653 | $683,183 | $20,660 |
| 2021 | $542,616 | $374,793 | $593,641 | $167,823 |
| 2020 | $501,703 | $448,062 | $425,058 | $53,641 |
| 2019 | $500,832 | $530,171 | $372,574 | $-29,339 |
| 2018 | $617,948 | $561,897 | $448,122 | $56,051 |
Compare THREE RIVERS DEVELOPMENT CORPORATION with other nonprofits in New York and across the country.