ECONOMIC DEVELOPMENT COUNCIL OF ST LUCIE COUNTY INC

EIN: 651058626 Community Improvement

PORT SAINT LUCIE, FL

Total Revenue
$1,395,709
Total Expenses
$1,490,145
Total Assets
$1,038,094
Net Assets
$929,287
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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
2000
Legal Domicile
FL
Principal Officer
PETE TESCH
Phone
7728794144
Tax Period
2024-01-01 to 2024-12-31

ECONOMIC DEVELOPMENT COUNCIL OF ST LUCIE COUNTY INC, founded in 2000, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2024.

Mission

ECONOMIC DEVELOPMENT FOR ST. LUCIE COUNTY, FLORIDA

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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 $1,367,746
Program Service Revenue $0
Investment Income $27,963
Other Revenue $0
TOTAL REVENUE $1,395,709

Expense Breakdown

Grants Paid $0
Salaries & Benefits $715,751
Fundraising Expenses $97,433
Other Expenses $774,394
TOTAL EXPENSES $1,490,145

Year-over-Year Comparison

2024 2023 Change
Revenue $1,395,709 $1,415,039 0.0%
Expenses $1,490,145 $1,380,914 +0.1%
Net Income $-94,436 $34,125 -3.8%
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

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Governance

Voting Members
46
Independent Members
46
Employees
7
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
7
$211,142
Total Directors
44
$0
Key Employees
1
$211,142
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETE TESCH PRESIDENT 40.00
Officer Key Emp Highest
$211,142 $0 $211,142
CHRIS FOGAL PAST CHAIR 0.50
Officer Director
$0 $0 $0
AZLINA GOLDSTEIN CHAIR 0.50
Officer Director
$0 $0 $0
ROBERT BARFIELD CHAIR ELECT 0.50
Officer Director
$0 $0 $0
SHARITA WALKER TREASURER 0.50
Officer Director
$0 $0 $0
ANDREW TREADWELL SECRETARY 0.50
Officer Director
$0 $0 $0
BRIAN BAUER DIRECTOR 0.50
Director
$0 $0 $0
JEFF LEE DIRECTOR 0.50
Director
$0 $0 $0
IAN COTNER DIRECTOR 0.50
Director
$0 $0 $0
ALEX MASMELA DIRECTOR 0.50
Director
$0 $0 $0
ROD KENNEDY DIRECTOR 0.50
Director
$0 $0 $0
CARA PERRY DIRECTOR 0.50
Director
$0 $0 $0
TAMMY MATTHEW DIRECTOR 0.50
Director
$0 $0 $0
MIKE ADAMS DIRECTOR 0.50
Director
$0 $0 $0
LINDA COX DIRECTOR 0.50
Director
$0 $0 $0
JEREMY WIERNASZ DIRECTOR 0.50
Director
$0 $0 $0
KARA WOOD DIRECTOR 0.50
Director
$0 $0 $0
TERISSA ARONSON DIRECTOR 0.50
Director
$0 $0 $0
ROXANNE PETERS DIRECTOR 0.50
Director
$0 $0 $0
CHIRAG CHOUDHARY DIRECTOR 0.50
Director
$0 $0 $0
LESLIE KRISTOF DIRECTOR 0.50
Director
$0 $0 $0
LEE DOBINS DIRECTOR 0.50
Officer Director
$0 $0 $0
JESUS MEREJO DIRECTOR 0.50
Director
$0 $0 $0
RICH KOLLEDA DIRECTOR 0.50
Director
$0 $0 $0
STACI STORMS DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL ANSORGE DIRECTOR 0.50
Director
$0 $0 $0
NICOLAS APFELBAUM DIRECTOR 0.50
Director
$0 $0 $0
GEORGE LANDRY DIRECTOR 0.50
Director
$0 $0 $0
RICHARD TAMBONE DIRECTOR 0.50
Director
$0 $0 $0
JON PRINCE DIRECTOR 0.50
Director
$0 $0 $0
JAVIER CISNEROS DIRECTOR 0.50
Director
$0 $0 $0
PETER CRANE DIRECTOR 0.50
Director
$0 $0 $0
MARSHALL CRITCHFIELD DIRECTOR 0.50
Director
$0 $0 $0
PHIL DOUMAR DIRECTOR 0.50
Director
$0 $0 $0
NEIL MORGAN DIRECTOR 0.50
Director
$0 $0 $0
BRANDON NOBILE DIRECTOR 0.50
Director
$0 $0 $0
DUSTEN ESTES DIRECTOR 0.50
Director
$0 $0 $0
CANIERIA GARDNER DIRECTOR 0.50
Director
$0 $0 $0
BOB ZACCHEO DIRECTOR 0.50
Director
$0 $0 $0
LAURA HAMEL DIRECTOR 0.50
Director
$0 $0 $0
JUSTIN HOROSZKO DIRECTOR 0.50
Director
$0 $0 $0
DAN HOYT DIRECTOR 0.50
Director
$0 $0 $0
KEN KRASNOW DIRECTOR 0.50
Director
$0 $0 $0
JILL MARASA DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL REM DIRECTOR 0.50
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 $1,395,709 $1,490,145 $1,038,094 $-94,436
2023 $1,415,039 $1,380,914 $1,175,042 $34,125
2022 $1,171,170 $1,192,103 $1,050,895 $-20,933
2021 $1,138,336 $1,034,553 $1,010,531 $103,783
2020 $1,001,596 $979,176 $979,673 $22,420
2019 $1,309,481 $862,698 $891,293 $446,783
2018 $816,557 $850,901 $441,844 $-34,344
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