Northwest Tennessee Development Dis

EIN: 620852637 501(c)(3) Community Improvement

Martin, TN

Total Revenue
$7,415,398
Total Expenses
$7,427,419
Total Assets
$5,390,977
Net Assets
$-83,348
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Principal Officer
Lori Kelley-Burdine
Phone
7315874213
Tax Period
2024-07-01 to 2025-06-30

Northwest Tennessee Development Dis, founded in 1976, is a community nonprofit in the Community Improvement sector that reported $7.4M in total revenue in fiscal year 2024.

Mission

To provide services for elderly in the Northwest Tennessee region

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,767,887
Program Service Revenue $0
Investment Income $10,007
Other Revenue $637,504
TOTAL REVENUE $7,415,398

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,399,621
Fundraising Expenses $0
Program Expenses $6,428,049
Other Expenses $5,027,798
TOTAL EXPENSES $7,427,419

Year-over-Year Comparison

2024 2023 Change
Revenue $7,415,398 $7,011,076 +0.1%
Expenses $7,427,419 $7,176,077 +0.0%
Net Income $-12,021 $-165,001 -0.9%
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

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Governance

Voting Members
12
Independent Members
12
Employees
54
Volunteers
60

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
$232,002
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joseph Butler Chairman 0.00
Director
$0 $0 $0
Nelson Cunningham Vice-Chairman 0.00
Director
$0 $0 $0
Mark Ward Secretary/Treasurer 0.00
Director
$0 $0 $0
Gary Reasons Board Member 0.00
Director
$0 $0 $0
David Quick Board Member 0.00
Director
$0 $0 $0
Danny Cook Board Member 0.00
Director
$0 $0 $0
Steve Carr Board Member 0.00
Director
$0 $0 $0
Dale Hutcherson Board Member 0.00
Director
$0 $0 $0
Randy Gelger Board Member 0.00
Director
$0 $0 $0
Howell Todd Board Member 0.00
Director
$0 $0 $0
Cindy McAdams Board Member 0.00
Director
$0 $0 $0
John Holden Board Member 0.00
Director
$0 $0 $0
Lori Kelley-Burdine EXEC DIRECTOR 40.00
Officer
$99,000 $0 $99,000
Katelyn Edwards Controller 40.00
Officer
$74,795 $0 $74,795
Betty Waggener Financial Officer 40.00
Officer
$58,207 $0 $58,207
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 $7,415,398 $7,427,419 $5,390,977 $-12,021
2024 $7,011,076 $7,176,077 $5,071,529 $-165,001
2023 $8,377,125 $8,588,251 $5,349,245 $-211,126
2022 $7,068,049 $7,082,276 $5,677,713 $-14,227
2021 $6,507,898 $6,494,504 $5,480,053 $13,394
2020 $5,992,887 $5,956,671 $8,420,335 $36,216
2019 $5,831,733 $5,880,235 $9,016,944 $-48,502
2018 $5,340,035 $5,319,158 $7,095,916 $20,877
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