MICHIANA PARTNERSHIP INC

EIN: 800688483 Community Improvement

SOUTH BEND, IN

Total Revenue
$3,003,917
Total Expenses
$2,800,704
Total Assets
$1,902,595
Net Assets
$1,718,880
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
IN
Principal Officer
BETHANY HARTLEY
Phone
5743444688
Tax Period
2023-01-01 to 2023-12-31

MICHIANA PARTNERSHIP INC, founded in 2010, is a community nonprofit in the Community Improvement sector that reported $3.0M in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $2.8M left a modest 7% surplus.

Mission

THE SOUTH BEND - ELKHART REGIONAL PARTNERSHIP FOCUSES ON A LONG-TERM SYSTEMIC APPROACH TO ADVANCE THE REGION'S ECONOMY BY ALIGNING THE EFFORTS OF VARIOUS STAKEHOLDERS AROUND FIVE KEY AREAS: EDUCATING A WORLD-CLASS WORKFORCE, RECRUITING AND RETAINING GREAT TALENT, ATTRACTING AND GROWING NEW ECONOMY COMPANIES IN COMPLEMENT TO OUR REMARKABLY STRONG MANUFACTURING INDUSTRIES, PROMOTING INCLUSION AND SPARKING OPPORTUNITIES FOR MINORITIES AND HELPING ENTREPRENEURS THRIVE. THE SOUTH BEND ELKHART REGIONAL PARTNERSHIP SEEKS TO UNIFY AND COLLABORATE SO THAT TOGETHER, THE COMMUNITIES ACROSS THE REGION WORK TOGETHER TO ACHIEVE WHAT CANNOT BE DONE INDIVIDUALLY.

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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 $2,403,083
Program Service Revenue $596,877
Investment Income $0
Other Revenue $3,957
TOTAL REVENUE $3,003,917

Expense Breakdown

Grants Paid $630,740
Salaries & Benefits $911,904
Fundraising Expenses $0
Program Expenses $944,416
Other Expenses $1,258,060
TOTAL EXPENSES $2,800,704

Year-over-Year Comparison

2023 2022 Change
Revenue $3,003,917 $2,269,143 +0.3%
Expenses $2,800,704 $1,844,919 +0.5%
Net Income $203,213 $424,224 -0.5%
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
24
Independent Members
24
Employees
13
Volunteers
110

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
6
$276,011
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARL BAXMEYER MEMBER 1.00
Director
$0 $0 $0
LARRY GARATONI MEMBER 1.00
Director
$0 $0 $0
LEVON JOHNSON MEMBER 1.00
Director
$0 $0 $0
DAVE BEHR MEMBER 1.00
Director
$0 $0 $0
SUSAN ELROD MEMBER 1.00
Director
$0 $0 $0
GREG HILDEBRAND MEMBER 1.00
Director
$0 $0 $0
SUSAN KING MEMBER 1.00
Director
$0 $0 $0
SUSAN FORD MEMBER 1.00
Director
$0 $0 $0
JON HUNSBERGER MEMBER 1.00
Director
$0 $0 $0
SHELLEY KLUG MEMBER 1.00
Director
$0 $0 $0
KEVIN OVERMYER MEMBER 1.00
Director
$0 $0 $0
AMISH SHAH MEMBER 1.00
Director
$0 $0 $0
ROSE MEISSNER MEMBER 1.00
Director
$0 $0 $0
CHRIS STAGER MEMBER 1.00
Director
$0 $0 $0
ANDREW WIAND MEMBER 1.00
Director
$0 $0 $0
GARY NEIDIG MEMBER 1.00
Director
$0 $0 $0
ANDREA SHORT MEMBER 1.00
Director
$0 $0 $0
JAMES TURNWALD MEMBER 1.00
Director
$0 $0 $0
LINDA YODER MEMBER 1.00
Director
$0 $0 $0
SUZANNE WEIRICK PUBLIC REP 1.00
Director
$0 $0 $0
MICHAEL DAIGLE TREASURER 1.00
Officer Director
$0 $0 $0
JEFF REA VICE CHAIR 1.00
Officer Director
$0 $0 $0
PETE MCCOWN CHAIR 1.00
Officer Director
$0 $0 $0
SHANNON CULLINAN EXEC COMMITTEE MEMBER 1.00
Officer Director
$0 $0 $0
BETHANY HARTLEY CEO 40.00
Officer
$160,720 $13,991 $174,711
JILL SCICCHITANO COO 40.00
Officer
$85,653 $15,647 $101,300
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 $3,003,917 $2,800,704 $1,902,595 $203,213
2022 $2,269,143 $1,844,919 $1,733,698 $424,224
2021 $2,292,948 $1,672,682 $1,204,165 $620,266
2020 $1,165,430 $1,251,713 $621,289 $-86,283
2019 $735,177 $919,241 $628,679 $-184,064
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