Charleston, WV
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA, founded in 1963, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $770K, a strong 28% operating margin.
Capital Area Development Corporation of West Virginia dba Charleston Area Alliance serves as a catalyst for change for Charleston, Kanawha County, and the surrounding area, leading with innovative and collaborative approaches to shape a prosperous economy that fosters growth and attracts people and investment. We are a community and economic development organization that connects businesses, entrepreneurs and young talent with the resources needed to succeed. Our strategic plan will stimulate job creation, attract new industries, bolster the region's economic resilience, and support energetic and effective local efforts to renew our capital city as strong and vibrant.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,702,121 | $2,339,307 | +0.2% |
| Expenses | $1,932,206 | $1,822,315 | +0.1% |
| Net Income | $769,915 | $516,992 | +0.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Debra S James | CFO | 40 |
Officer
Key Emp
Highest
|
$138,274 | $24,307 | $162,581 |
| Nicole Christian | President and CEO - former | 40 |
Officer
Key Emp
|
$59,813 | $11,035 | $70,848 |
| Mara C Boggs | President and CEO from 10/01/24 | 40 |
Officer
Key Emp
|
$64,726 | $19 | $64,745 |
| Adam R Krason | Chair | 3 |
Officer
Director
|
$0 | $0 | $0 |
| Ellen S Cappellanti | Vice Chair | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Tessa M White | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Matthew Bond | Treasurer | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Kristen Anderson | Director | 1 |
Director
|
$0 | $0 | $0 |
| Nancy Bruns | Director | 1 |
Director
|
$0 | $0 | $0 |
| Robert Burton | Director | 1 |
Director
|
$0 | $0 | $0 |
| Ericke Cage | Director | 1 |
Director
|
$0 | $0 | $0 |
| Sandy Call | Director | 1 |
Director
|
$0 | $0 | $0 |
| Steven Collins | Director | 1 |
Director
|
$0 | $0 | $0 |
| Kensie Hamilton Fauber | Director | 1 |
Director
|
$0 | $0 | $0 |
| David P Ferretti | Director | 1 |
Director
|
$0 | $0 | $0 |
| Scott Geotz | Director | 1 |
Director
|
$0 | $0 | $0 |
| John Hebert | Director | 1 |
Director
|
$0 | $0 | $0 |
| Michael Holtsclaw | Director | 1 |
Director
|
$0 | $0 | $0 |
| Mike McCown | Director | 1 |
Director
|
$0 | $0 | $0 |
| Chris Morris | Director | 1 |
Director
|
$0 | $0 | $0 |
| Evan Osborn | Director | 1 |
Director
|
$0 | $0 | $0 |
| C Anthony Parker | Director | 1 |
Director
|
$0 | $0 | $0 |
| Marcus Phillips | Director | 1 |
Director
|
$0 | $0 | $0 |
| Jack Rossi | Director | 1 |
Director
|
$0 | $0 | $0 |
| Martin Roth | Director | 1 |
Director
|
$0 | $0 | $0 |
| Jeff Sandene | Director | 1 |
Director
|
$0 | $0 | $0 |
| John Scalzo | Director | 1 |
Director
|
$0 | $0 | $0 |
| Lyle Smith | Director | 1 |
Director
|
$0 | $0 | $0 |
| Patrick Smith | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Diana Sole | Director | 1 |
Director
|
$0 | $0 | $0 |
| Aaron Sporck | Director | 1 |
Director
|
$0 | $0 | $0 |
| Diane Strong-Treister | Director | 1 |
Director
|
$0 | $0 | $0 |
| Ben Thomas | Director | 1 |
Director
|
$0 | $0 | $0 |
| Bob Welch | Director | 1 |
Director
|
$0 | $0 | $0 |
| Ron Butlin | Ex-Officio Director | 1 |
Director
|
$0 | $0 | $0 |
| Mayor Amy Goodwin | Ex-Officio Director | 1 |
Director
|
$0 | $0 | $0 |
| Mayor Frank A Mullens | Ex-Officio Director | 1 |
Director
|
$0 | $0 | $0 |
| Dominique Ranieri | Ex-Officio Director | 1 |
Director
|
$0 | $0 | $0 |
| Jack W Nuckols | Ex-Officio Director | 1 |
Director
|
$0 | $0 | $0 |
| Commissioner Marc Slotnick | Ex-Officio Director | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,702,121 | $1,932,206 | $10,716,902 | $769,915 |
| 2023 | $2,339,307 | $1,822,315 | $9,454,137 | $516,992 |
| 2022 | $3,509,217 | $1,481,168 | $7,363,815 | $2,028,049 |
| 2021 | $1,468,428 | $1,352,357 | $5,342,160 | $116,071 |
| 2020 | $1,682,291 | $1,627,482 | $5,241,912 | $54,809 |
Compare CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA with other nonprofits in West Virginia and across the country.