UNITED INDUSTRIAL DEVELOPMENT CORP (EIN 586047350) - Form 990 Financial Analysis & Trantor Score

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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

1959

Legal Domicile

Principal Officer

JEFF COBB

Phone

2292731668

Tax Period

2024-10-01 to 2025-09-30

UNITED INDUSTRIAL DEVELOPMENT CORP, founded in 1959, is a micro nonprofit that reported $23K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $8K, a strong 33% operating margin.

Mission

PROMOTING INDUSTRIAL GROWTH

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $80

Program Service Revenue $0

Investment Income $12,848

Other Revenue $10,291

TOTAL REVENUE $23,219

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,477

Other Expenses $15,477

TOTAL EXPENSES $15,477

Year-over-Year Comparison

	2024	2023	Change
Revenue	$23,219	$20,012	+0.2%
Expenses	$15,477	$15,637	0.0%
Net Income	$7,742	$4,375	+0.8%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHIP WELLS	PRESIDENT	0.25	Officer	$0	$0	$0
WILLIAM HURT	VICE-PRES.	0.25	Officer	$0	$0	$0
JEFF COBB	TREASURER	0.25	Officer	$0	$0	$0
MONICA SIMMONS	SECRETARY	0.25	Officer	$0	$0	$0
ROBERT EVANS	DIRECTOR	0.25	Director	$0	$0	$0
GREG TURTON	DIRECTOR	0.25	Director	$0	$0	$0
JOEL OWENS	DIRECTOR	0.25	Director	$0	$0	$0
LEE PERLIS	DIRECTOR	0.25	Director	$0	$0	$0
JEFFREY HESTER	DIRECTOR	0.25	Director	$0	$0	$0
TIM POWERS	DIRECTOR	0.25	Director	$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
2025	$23,219	$15,477	$943,884	$7,742
2024	$20,012	$15,637	$936,142	$4,375
2023	$44,336	$14,313	$931,767	$30,023
2022	$19,853	$15,134	$901,744	$4,719
2021	$36,502	$17,107	$897,025	$19,395
2020	$10,805	$16,811	$877,630	$-6,006
2019	$9,025	$14,355	$883,636	$-5,330

UNITED INDUSTRIAL DEVELOPMENT CORP