HILTON HEAD ISLAND, SC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PALMETTO DUNES PROPERTY OWNERS ASSOCIATION INC, founded in 1977, is a mid-sized nonprofit in the Human Services sector that reported $11.7M in total revenue in fiscal year 2024. The organization ran a surplus of $3.0M, a strong 26% operating margin.
TO ENHANCE THE QUALITY OF LIFE, STRIVE TO PROTECT THE NATURAL ENVIRONMENT, AND IMPROVE THE RESOURCES OF OUR COMMUNITY FOR ALL THOSE WHO LIVE, INVEST, WORK AND PLAY HERE.
ROAD MAINTENANCE AND STORM DRAIN MAINTENANCE - THE ASSOCIATION OWNS 26 MILES OF ROADS, AND IS FULLY RESPONSIBLE FOR THE MAINTENANCE, REPAIR, AND RECONSTRUCTION OF THESE ROADS. THE ASSOCIATION'S ROAD...
ROAD MAINTENANCE AND STORM DRAIN MAINTENANCE - THE ASSOCIATION OWNS 26 MILES OF ROADS, AND IS FULLY RESPONSIBLE FOR THE MAINTENANCE, REPAIR, AND RECONSTRUCTION OF THESE ROADS. THE ASSOCIATION'S ROAD MAINTENANCE ACTIVITIES PROMOTE THE GENERAL WELFARE OF THE COMMUNITY AND BECAUSE ROAD MAINTENANCE IS AN ESSENTIAL GOVERNMENTAL FUNCTION, THE ACTIVITIES LESSEN THE BURDEN OF THE TOWN OF HILTON HEAD ISLAND.THE SEA LANE BRIDGE WAS REPLACED, INCLUDING REALIGNMENT OF THE ROADWAY AND LEISURE PATHWAY, INTEGRATION OF SIGNIFICANT LANDSCAPING ENHANCEMENTS, AND INFRASTRUCTURE IMPROVEMENTS TO ACCOMMODATE FUTURE STORMWATER MANAGEMENT INITIATIVES ALONG THE MOORING BUOY CORRIDOR.BEACH ACCESS PATHWAYS AT BRIGANTINE/CAT BOAT AND FLOTILLA/GALLEON CONVERTED FROM STAIRS TO RAMPS TO IMPROVE EASE OF USE. THE ADDITION OF A MOBI-MAT NONSLIP BEACH PATH MAT TO IMPROVE SAFETY AND ACCESSIBILITY AT THE DUNES HOUSE BEACH ACCESS FOR PEOPLE WITH DISABILITIES OR PARENTS WITH STROLLERS.REDEVELOPMENT OF DUNES HOUSE LANE AND PARKING AREAS TO IMPROVE SAFETY AND ACCESSIBILITY. PLANNED IMPROVEMENTS INCLUDE NEW ROAD AND PARKING SURFACES, RELOCATED PARKING FOR HANDICAPPED USERS, DEDICATED SPACES FOR BICYCLES, COMPACT VEHICLES, AND THE DUNES BUGGY, THE ESTABLISHMENT OF INBOUND AND OUTBOUND DRIVE AISLES TO INCREASE ACCESSIBILITY FOR EMERGENCY VEHICLES, AND THE INTEGRATION OF ADDITIONAL PARKING SPACES.REDEVELOPMENT OF THE MOORING BUOY CORRIDOR (FROM SEA LANE TO PORT TACK), INCLUDING ROADWAY REALIGNMENT AND RECONSTRUCTION, SIGNIFICANT RECONFIGURATION OF THE LEISURE PATH TO IMPROVE ACCESSIBILITY AND SAFETY, NEW STORMWATER DRAINAGE INFRASTRUCTURE, AND IMPROVEMENT OF THE BROAD CREEK PSD UTILITIES.
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 | $11,711,741 | $11,245,334 | +0.0% |
| Expenses | $8,706,755 | $8,396,243 | +0.0% |
| Net Income | $3,004,986 | $2,849,091 | +0.1% |
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 |
|---|---|---|---|---|---|---|
| BECKY BRUMLEY PART YEAR | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KURT FAIRES | VICE-CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHAD TEREFENKO PART YEAR | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT TALBOT | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JERRY DURKIN PART YEAR | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAN DEMICHELE PART YEAR | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRANDON SMITH PART YEAR | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALICE BETTENCOURT | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ED GARINO PART YEAR | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DOUG LUBA | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BARBARA MCFADDEN PART YEAR | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KAREN BOOTH PART YEAR | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLY BROWN PART YEAR | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LEE WHITEHURST PART YEAR | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRAD MARRA PART YEAR | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW SCHUMACHER | CEO | 40.00 |
Highest
|
$307,672 | $35,609 | $343,281 |
| JAMES GRINER | DIRECTOR OF SECURITY | 40.00 |
Highest
|
$157,799 | $12,597 | $170,396 |
| ELIZABETH LOVELL CICCARELLI | DIRECTOR OF COMMUNICATIONS | 40.00 |
Highest
|
$120,947 | $29,088 | $150,035 |
| MATTHEW NEMES | CONTROLLER | 40.00 |
Highest
|
$133,827 | $27,232 | $161,059 |
| SYDNEY WAN | DIRECTOR OF FACILITIES MAI | 40.00 |
Highest
|
$119,345 | $15,070 | $134,415 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $11,711,741 | $8,706,755 | $50,196,915 | $3,004,986 |
| 2023 | $11,245,334 | $8,396,243 | $46,965,169 | $2,849,091 |
| 2022 | $11,028,203 | $7,856,265 | $44,014,783 | $3,171,938 |
| 2021 | $11,414,236 | $7,227,278 | $42,506,108 | $4,186,958 |
| 2020 | $10,414,981 | $6,698,191 | $37,616,035 | $3,716,790 |
| 2019 | $10,397,331 | $6,539,178 | $34,372,089 | $3,858,153 |
| 2018 | $7,898,823 | $6,202,454 | $29,773,998 | $1,696,369 |
Compare PALMETTO DUNES PROPERTY OWNERS ASSOCIATION INC with other nonprofits in South Carolina and across the country.