CCH DEVELOPMENT CORPORATION (EIN 824064088) - 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

GREGORY ZUCCA

Phone

2167785797

Tax Period

2023-01-01 to 2023-12-31

CCH DEVELOPMENT CORPORATION, founded in 2017, is a community nonprofit in the Health Care sector that reported $4.4M in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $4.1M left a modest 7% surplus.

Mission

TO ASSIST METROHEALTH SYSTEM IN FURTHERING ITS MISSION BY ACQUIRING, DEVELOPING, OWNING AND MANAGING REAL ESTATE AND RELATED FACILITIES AND OTHER ACTIVITIES SUPPORTING METROHEALTH TO BETTER PROVIDE FOR THE HEALTH AND WELFARE OF THE COMMUNITY WHICH METROHEALTH SERVES INCLUDING ECONOMIC AND COMMUNITY DEVELOPMENT

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,288,729

Investment Income $0

Other Revenue $130,452

TOTAL REVENUE $4,419,181

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,852,048

Other Expenses $4,094,582

TOTAL EXPENSES $4,094,582

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,419,181	$2,958,037	+0.5%
Expenses	$4,094,582	$2,987,648	+0.4%
Net Income	$324,599	$-29,611	-12.0%

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

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

$2,081,349

Total Directors

$1,295,661

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AIRICA STEED	PRESIDENT & CHAIRPERSON	1.00	Officer Director	$0	$410,977	$1,295,661
VANESSA WHITING	DIRECTOR/MEMBER	1.00	Director	$0	$0	$0
INAJO DAVIS CHAPPELL	DIRECTOR/MEMBER	1.00	Director	$0	$0	$0
E HARRY WALKER	DIRECTOR/MEMBER	1.00	Director	$0	$0	$0
SEDA ERGUN	TREASURER	1.00	Officer Director	$0	$0	$0
ALFONSO SANCHEZ	DIRECTOR	1.00	Director	$0	$0	$0
DAVID GILBERT	DIRECTOR	1.00	Director	$0	$0	$0
DEBRA BERRY	DIRECTOR	1.00	Director	$0	$0	$0
DEB JANIK	DIRECTOR	1.00	Director	$0	$0	$0
SONJA RAJKI	SECRETARY	1.00	Officer	$0	$148,162	$560,323
GREG ZUCCA	EXECUTIVE DIRECTOR	1.00	Officer	$0	$51,272	$225,365

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	$4,419,181	$4,094,582	$110,051,758	$324,599
2022	$2,958,037	$2,987,648	$113,112,057	$-29,611
2021	$1,015,545	$1,059,992	$9,615,277	$-44,447
2020	$884,999	$1,012,002	$11,041,156	$-127,003

CCH DEVELOPMENT CORPORATION