THE WELL COMMUNITY DEVELOPMENT CORPORATION

EIN: 812680851 501(c)(3) Community Improvement

AKRON, OH

Total Revenue
$5,122,965
Total Expenses
$2,516,395
Total Assets
$10,620,209
Net Assets
$7,726,163
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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
2016
Legal Domicile
OH
Principal Officer
ZACHARY KOHL
Phone
3308151062
Tax Period
2023-01-01 to 2023-12-31

THE WELL COMMUNITY DEVELOPMENT CORPORATION, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $5.1M in total revenue in fiscal year 2023. Revenue surged 107% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.6M, a strong 51% operating margin.

Mission

THE WELL CDC INVESTS IN PEOPLE THROUGH THE BUILT ENVIRONMENT.

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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 $4,295,878
Program Service Revenue $738,087
Investment Income $-453
Other Revenue $89,453
TOTAL REVENUE $5,122,965

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,015,075
Fundraising Expenses $188,798
Program Expenses $2,061,460
Other Expenses $1,501,320
TOTAL EXPENSES $2,516,395

Year-over-Year Comparison

2023 2022 Change
Revenue $5,122,965 $2,471,563 +1.1%
Expenses $2,516,395 $1,768,775 +0.4%
Net Income $2,606,570 $702,788 +2.7%
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
15
Independent Members
14
Employees
41
Volunteers
630

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
5
$122,260
Total Directors
17
$122,260
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZACHARY KOHL EXECUTIVE DIRECTOR 40.00
Officer Director
$114,057 $8,203 $122,260
ANN DURR CHAIRPERSON 1.00
Officer Director
$0 $0 $0
DAVID GRIFFING SECRETARY 1.00
Officer Director
$0 $0 $0
ALLAN HILL THRU 0623 TREASURER 1.00
Officer Director
$0 $0 $0
TRACY CARTER VICE CHAIR 1.00
Officer Director
$0 $0 $0
MICHELLE DE LA ISLA BOARD MEMBER 0.50
Director
$0 $0 $0
DAVID H MAYNARD THRU 0523 BOARD MEMBER 0.50
Director
$0 $0 $0
JAMES TALBERT BOARD MEMBER 0.50
Director
$0 $0 $0
DAMEON JACKSON BOARD MEMBER 0.50
Director
$0 $0 $0
SUE LACY BOARD MEMBER 0.50
Director
$0 $0 $0
NATE OLLISH BOARD MEMBER 0.50
Director
$0 $0 $0
DAN ROBERSON BOARD MEMBER 0.50
Director
$0 $0 $0
RACHEL BRIDENSTINE BOARD MEMBER 0.50
Director
$0 $0 $0
ALLAN HILL BOARD MEMBER 0.50
Director
$0 $0 $0
RENEE KOCHIS BOARD MEMBER 0.50
Director
$0 $0 $0
CRAIG MELNICK BOARD MEMBER 0.50
Director
$0 $0 $0
JOHN REYES BOARD MEMBER 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 No data No data No data No data
2023 $5,122,965 $2,516,395 $10,620,209 $2,606,570
2022 $2,471,563 $1,768,775 $7,736,422 $702,788
2021 $2,628,368 $1,334,829 $6,523,101 $1,293,539
2020 $2,106,150 $1,091,824 $4,489,134 $1,014,326
2019 $2,431,223 $833,514 $3,168,335 $1,597,709
2018 $986,916 $645,669 $1,299,685 $341,247
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