Trenton Community Improvement Corporation

Nonprofit profile at a glance

EIN
272963618
IRS 990-EZ coverage
2020–2025
Forms available
Form 990 2024, Form 990-EZ 2025, Form 990-N 2019
Location
Trenton, OH, USA
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Economic Development

Reported finances

Revenue
$29,453
Expenses
$34,024
Assets
$108,038

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Teresa Nichols (President)
  • Dian Herbel (Vice President)

People named in this filing

  • Teresa Nichols (President)
  • Dian Herbel (Vice President)
  • Matthew Mesisklis (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The CIC was formed to act as the agency and instrumentality of the City for industrial commercial distribution and research development in the City and as such agency and instrumentality to participate in carrying out the development plans as listed for the City of Trenton and other small loan projects to bolster the local business community.

What it reported doing in 2025

The CIC receives monthly cash installments from four small business loans in the CICs revolving loan fund. There are five loans outstanding for fiscal year 2025.

Operating model

Revenue model
Earned-program. 84% of the money available for current operations came from fees and other program revenue.
Distribution model
Grant intermediary. The nonprofit sent 90% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 41
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.6%; rating input score 98

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -15.5%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 3.18; rating input score 76; 76th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -14% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -48.6% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: 51.9% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $33K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 25/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.