Form 990 for tax year 2022
Filed by ERIE DOWNTOWN DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $1,120,288
- Total expenses
- $2,062,444
- Contributions and grants received
- $64,010
- Grants paid
- $13,500
- Program service revenue
- $475,852
- Investment income
- $279,372
- Other revenue
- $301,054
- Total assets, end of year
- $14,910,077
- Total liabilities, end of year
- $14,403,003
- Net assets or fund balances, end of year
- $507,074
- Program services expenses (Part IX)
- $1,089,792
- Management and general expenses
- $972,652
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,089,792
Program services were 52.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
JOHN M PERSINGER
FORMER CEO
- Total calculated
- $349,942
- From this org
- $299,305
- From related orgs
- $0
- Other
- $50,637
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $237,985
- Bonus
- $60,000
- Other
- $1,320
- Deferred
- $50,637
- Nontaxable benefits
- not reported
- Filer's total
- $349,942
-
PAULA GREGORY
CONTROLLER
- Total calculated
- $127,372
- From this org
- $108,204
- From related orgs
- $0
- Other
- $19,168
- Hours/week
- 40
-
NICOLE REITZELL
VP OF COMMUN
- Total calculated
- $122,552
- From this org
- $95,829
- From related orgs
- $0
- Other
- $26,723
- Hours/week
- 40
-
COREY COOK
DIREC OF OPE
- Total calculated
- $109,779
- From this org
- $82,245
- From related orgs
- $0
- Other
- $27,534
- Hours/week
- 40
-
MARK INSCHO
FOOD & BEVER
- Total calculated
- $109,050
- From this org
- $82,245
- From related orgs
- $0
- Other
- $26,805
- Hours/week
- 40
-
RYAN HOOVER
EXPERIENCE D
- Total calculated
- $77,955
- From this org
- $69,611
- From related orgs
- $0
- Other
- $8,344
- Hours/week
- 40
-
KAREN BILOWITH
DIRECTOR
- Total calculated
- $0
-
JOHN DILL
DIRECTOR
- Total calculated
- $0
-
DAVID GIBBONS
DIRECTOR
- Total calculated
- $0
-
THOMAS HAGEN
DIRECTOR
- Total calculated
- $0
-
PIERRE MCCORMICK
SECRETARY
- Total calculated
- $0
-
TIMOTHY G NECASTRO
PRESIDENT
- Total calculated
- $0
-
DANIEL ONORATO
DIRECTOR
- Total calculated
- $0
-
ROGER RICHARDS
DIRECTOR
- Total calculated
- $0
-
JAMES STEVENSON
DIRECTOR
- Total calculated
- $0
-
KEITH TAYLOR
VICE PRESIDE
- Total calculated
- $0
-
CARL WOLFROM
DIRECTOR
- Total calculated
- $0
-
DAVID ZIMMER
TREASURER
- Total calculated
- $0
-
ANDREW S WHITING
CEO
- Total calculated
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
GRANTS TO DOM ORG CASH
$13,500
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
RENTAL · PA · income -$22,754 · assets $3,576,707
Directly controlled by ERIE DOWNT
-
HOLDING · PA · income -$337,672 · assets $329,134
Directly controlled by ERIE DOWNT
-
RENTAL · PA
Directly controlled by ERIE DOWNT
-
RENTAL · PA
Directly controlled by ERIE DOWNT
-
RENTAL · PA
Directly controlled by ERIE DOWNT
-
RENTAL · PA
Directly controlled by ERIE DOWNT
-
RENTAL · PA · income $171,677 · assets $133,020
Directly controlled by ERIE DOWNT
-
RENTAL · PA
Directly controlled by ERIE DOWNT
-
RENTAL · PA · income $67,878 · assets $9,632,250
Directly controlled by ERIE DOWNT
-
PROP MGT · PA · income $30,085 · assets $176,209
Directly controlled by ERIE DOWNT
-
HOLDING · PA · income -$12,324
Directly controlled by ERIE DOWNT
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
REAL ESTAT · PA
-
REAL ESTAT · PA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313199349316921
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