TOBACCO VALLEY DEVELOPMENT CORPORATION (EIN 823312064) - Form 990 Financial Analysis & Trantor Score

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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

2017

Legal Domicile

Principal Officer

SCOTT C BERTRAND

Phone

8607457493

Tax Period

2024-01-01 to 2024-12-31

TOBACCO VALLEY DEVELOPMENT CORPORATION, founded in 2017, is a micro nonprofit in the Housing & Shelter sector that reported $11K in total revenue in fiscal year 2024. Revenue fell 43% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $8K, a strong 68% operating margin.

Mission

DEVELOP, REDEVELOP, MANAGE, FINANCE, SPONSOR, INVEST IN, OWN OPERATE AND/OR EXPAND THE AVAILABILITY OF LOW & MODERATE INCOME, DISABLED, ELDERLY, MIXED-INCOME AND/OR MIXED-USE AFFORDABLE HOUSING IN & AROUND ENFIELD, CT.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $11,182

Other Revenue $0

TOTAL REVENUE $11,182

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,550

TOTAL EXPENSES $3,550

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,182	$19,711	-0.4%
Expenses	$3,550	$10,995	-0.7%
Net Income	$7,632	$8,716	-0.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL STEFANOWICZ	PRESIDENT	0.25	Officer Director	$0	$0	$0
KYLE BELL	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
VINCENT WESELIZA	SECRETARY/TREASURER	0.25	Officer Director	$0	$0	$0
JEFFREY ARN	DIRECTOR	0.25	Director	$0	$0	$0
HOWARD CORO JR	DIRECTOR	0.25	Director	$0	$0	$0
JOHN B RUMBERGER	DIRECTOR	0.25	Director	$0	$0	$0
SCOTT C BERTRAND	EXECUTIVE DIRECTOR/CEO	1.00	Officer	$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	$11,182	$3,550	$558,899	$7,632
2023	$19,711	$10,995	$443,772	$8,716
2022	$343,302	No data	$343,302	No data

TOBACCO VALLEY DEVELOPMENT CORPORATION