INDUSTRIAL DEVELOPMENTS INC

EIN: 840519698 501(c)(3) Community Improvement

GRAND JUNCTION, CO

Total Revenue
$87,462
Total Expenses
$67,753
Total Assets
$1,724,667
Net Assets
$1,724,667
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
CO
Principal Officer
KATIE POWELL
Phone
9702423214
Tax Period
2024-06-01 to 2025-05-31

INDUSTRIAL DEVELOPMENTS INC, founded in 1959, is a micro nonprofit in the Community Improvement sector that reported $87K in total revenue in fiscal year 2024. Revenue surged 988% from the prior year, signaling strong growth momentum. The organization ran a surplus of $20K, a strong 23% operating margin.

Mission

TO LESSEN THE BURDEN ON THE LOCAL GOVERNMENT IN PROMOTING ECONOMIC DEVELOPMENT, AND TO PROMOTE, FOSTER, DEVELOP, AND ENCOURAGE THE LOCATION OF INDUSTRIAL AND COMMERCIAL BUSINESS ENTERPRISES AND SMALL BUSINESS CONCERNS IN MESA COUNTY, COLORADO, AND TO ASSIST AND ATTRACT ANY SUCH BUSINESSES, ENTERPRISES AND SMALL BUSINESS CONCERNS IN ESTABLISHING OR LOCATING THEREIN BY SUCH INDUCEMENTS AND MEANS AS MAY BE NECESSARY, DESIRABLE OR EXPEDIENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $79,000
Program Service Revenue $0
Investment Income $8,462
Other Revenue $0
TOTAL REVENUE $87,462

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $48,902
Other Expenses $67,753
TOTAL EXPENSES $67,753

Year-over-Year Comparison

2024 2023 Change
Revenue $87,462 $8,042 +9.9%
Expenses $67,753 $30,527 +1.2%
Net Income $19,709 $-22,485 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
N/A
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
2
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK AUSTIN BOARD MEMBER 1.00
Director
$0 $0 $0
TYLER DAHL BOARD MEMBER 1.00
Director
$0 $0 $0
TOM BENTON BOARD MEMBER 1.00
Director
$0 $0 $0
SHANE HAAS BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE FOSTER BOARD MEMBER 1.00
Director
$0 $0 $0
NICHOLAS H GOWER BOARD MEMBER 1.00
Director
$0 $0 $0
KATIE POWELL PRESIDENT 2.00
Officer Director
$0 $0 $0
SANDRA WECKERLY VICE PRESIDENT 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
2025 $87,462 $67,753 $1,724,667 $19,709
2024 $8,042 $30,527 $1,704,958 $-22,485
2023 $156,249 $49,993 $1,727,443 $106,256
2022 $-19,420 $23,589 $1,621,188 $-43,009
2021 $35,648 $28,359 $1,664,197 $7,289
2020 $4,173 $19,463 $1,656,908 $-15,290
2019 $2,403 $26,446 $1,672,198 $-24,043
2018 $68,265 $30,766 $1,696,240 $37,499
Explore More Nonprofits
Top 100 Nonprofits in Colorado Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare INDUSTRIAL DEVELOPMENTS INC with other nonprofits in Colorado and across the country.