WOODBINE COMMUNITY ORGANIZATION INC

EIN: 621280006 501(c)(3) Community Improvement

NASHVILLE, TN

Total Revenue
$25,280,990
Total Expenses
$14,512,263
Total Assets
$152,380,372
Net Assets
$72,186,458
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
TN
Principal Officer
Tony Woodham
Phone
6158339580
Tax Period
2023-01-01 to 2023-12-31

WOODBINE COMMUNITY ORGANIZATION INC, founded in 1983, is a mid-sized nonprofit in the Community Improvement sector that reported $25.3M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $10.8M, a strong 43% operating margin.

Mission

To improve the lifestyles of the people in our service area by working together to perserve our neighborhoods. To help provide residents of our service area acces to decision-making processes of state, local, and federal governments.To improve living conditions of residents in our service area, by providing housing to low and moderate income families.To improve communications and cooperation of area residents, from all racial, ethnic and religious groups and of all ages.To recuit any federal, state, or local funds that are available to the area for the purpose of maintaining and improving the residential neighborhoods.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,866,087
Program Service Revenue $18,959,742
Investment Income $1,455,161
Other Revenue $0
TOTAL REVENUE $25,280,990

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,730,940
Fundraising Expenses $0
Program Expenses $14,317,621
Other Expenses $12,781,323
TOTAL EXPENSES $14,512,263

Year-over-Year Comparison

2023 2022 Change
Revenue $25,280,990 $21,451,257 +0.2%
Expenses $14,512,263 $13,102,156 +0.1%
Net Income $10,768,727 $8,349,101 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
20
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
4
$145,368
Total Directors
10
$145,368
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tony Woodham Executive Dir. 40.00
Officer Director
$145,368 $0 $145,368
Quatrece McKinney Board Member 2.00
Director
$0 $0 $0
Glen Page Treasurer 2.00
Officer Director
$0 $0 $0
Thomas J Derrick Jr Chairman 3.00
Director
$0 $0 $0
Anna Page Personnel Chair 2.00
Director
$0 $0 $0
Mariza Castro Board Member 0.00
Officer Director
$0 $0 $0
Carla Jerrell Board Member 0.00
Director
$0 $0 $0
Benjamin Mercer Vice Chair 2.00
Officer Director
$0 $0 $0
Tracey Patterson Board Member 0.00
Director
$0 $0 $0
Memorie White Board Member 0.00
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
2024 No data No data No data No data
2023 $25,280,990 $14,512,263 $152,380,372 $10,768,727
2022 $21,451,257 $13,102,156 $140,952,645 $8,349,101
2021 $15,160,345 $9,819,084 $99,872,484 $5,341,261
2020 $17,629,468 $8,574,290 $97,666,850 $9,055,178
2020 $17,629,468 $8,574,290 $97,666,850 $9,055,178
2019 $16,517,791 $7,863,100 $74,463,244 $8,654,691
2019 $16,517,791 $7,863,100 $74,463,244 $8,654,691
2018 $14,805,997 $7,503,115 $68,927,052 $7,302,882
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