Volant Community Development Corporation

EIN: 764559295 501(c)(3) Community Improvement

Volant, PA

Total Revenue
$235,499
Total Expenses
$292,706
Total Assets
$1,379,428
Net Assets
$1,379,283
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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
PA
Phone
7242723566
Tax Period
2023-01-01 to 2023-12-31

Volant Community Development Corporation, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $235K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $293K exceeded revenue, resulting in a 24% operating deficit.

Mission

Revitalization of historic downtown area via the preservation of recreational areas, restoration of historical landmark buildings, and entrepreneur assistance to maintain a vibrant main street shoping district; making Volant, PA a more attractive place to live and visit.

Program Service Accomplishments

Program 1
Expenses: $251,906 Revenue: $265,000

We have established a vibrant forum to support and encourage local Amish craftsmen in the production and sale of their goods, including handcrafted furniture, rugs, quilts, and other home...

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We have established a vibrant forum to support and encourage local Amish craftsmen in the production and sale of their goods, including handcrafted furniture, rugs, quilts, and other home furnishings, as well as organic home-baked and canned goods. Our initiative provides essential small business startup services and facilities, along with expert advice from experienced local retailers to guide new entrepreneurs. Furthermore, we are committed to creating employment opportunities for older and disabled workers, fostering an inclusive and supportive community.

Program 2
Expenses: $25,000 Revenue: $5,000

We are dedicated to maintaining and restoring the historic Volant Mills original stone milling of local organic grains. Thanks to awarded grants, we have successfully restored the circa 1900 grain...

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We are dedicated to maintaining and restoring the historic Volant Mills original stone milling of local organic grains. Thanks to awarded grants, we have successfully restored the circa 1900 grain milling equipment. Additionally, dam restoration grants have funded a new control gate structure essential for monitoring water flow. The county economic development corporation and local politicians are actively assisting us in securing further grants for the complete restoration of the dam. This restoration will enable the dam to generate hydroelectric power, providing on-site electricity and allowing us to sell surplus energy back to the local utility company. This renewable energy initiative serves as an educational model for local schools, highlighting the importance of sustainable practices and a green-conscious society.

Program 3
Expenses: $9,000

We have developed and maintained a two-acre community park, featuring a spacious parking lot that serves both the downtown shopping district and the local Volunteer Fire Department for their...

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We have developed and maintained a two-acre community park, featuring a spacious parking lot that serves both the downtown shopping district and the local Volunteer Fire Department for their occasional events. The park boasts a childrens playground and a trout fishing stream, which is a favorite spot for local fly fishermen. Additionally, the park includes a large lawn that residents frequently use as an off-leash exercise area for pets, and a sloping hillside that is perfect for sled riding during the winter months. This park provides a valuable recreational space for the community, promoting outdoor activities and community engagement.

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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 $0
Program Service Revenue $219,531
Investment Income $0
Other Revenue $15,968
TOTAL REVENUE $235,499

Expense Breakdown

Grants Paid $0
Salaries & Benefits $68,387
Fundraising Expenses $0
Program Expenses $285,906
Other Expenses $224,319
TOTAL EXPENSES $292,706

Year-over-Year Comparison

2023 2022 Change
Revenue $235,499 $301,131 -0.2%
Expenses $292,706 $282,746 +0.0%
Net Income $-57,207 $18,385 -4.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
4
Employees
7
Volunteers
8

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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Geidner President 10.00
Officer Director
$0 $0 $0
Karen Rockenstein Sec/Treas 1.00
Officer Director
$0 $0 $0
Bridget Fry Director 1.00
Director
$0 $0 $0
Robert Palko Director 1.00
Officer Director
$0 $0 $0
Jared Sankovich Director 1.00
Officer 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 $235,499 $292,706 $1,379,428 $-57,207
2022 $301,131 $282,746 $1,436,490 $18,385
2021 $355,940 $333,891 $1,418,105 $22,049
2020 $300,542 $262,889 $1,410,134 $37,653
2019 $253,307 $238,660 $1,417,190 $14,647
2018 $263,650 $250,662 $1,387,749 $12,988
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