Form 990 for tax year 2024
Filed by SOUTH EASTERN ECONOMIC DEVELOPMENT CO OF PA.
Totals
- Total revenue
- $2,087,434
- Total expenses
- $1,749,656
- Contributions and grants received
- $0
- Grants paid
- $141,250
- Program service revenue
- $1,754,742
- Investment income
- $332,692
- Other revenue
- $0
- Total assets, end of year
- $4,343,347
- Total liabilities, end of year
- $988,818
- Net assets or fund balances, end of year
- $3,354,529
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $1,617,288
Listed in Part VII
-
CRAIG S STYER ESQ
DIRECTOR EMERITUS
- Total calculated
- $0
- Hours/week
- 1
-
BILL STEDMAN
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL HANKIN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
R LORRAINE BERNOSTSKY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
TERRY GRIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JON SWEARER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
BILL BOGLE
HONORARY DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ROGER HUGGINS
HONORARY DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MARIAN D MOSKOWITZ
DIRECTOR EMERITUS
- Total calculated
- $0
- Hours/week
- 0.5
-
EDWIN BROWNLEY
HONORARY DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
NANCY R CORSON
HONORARY DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ROBERT F FISCHER
HONORARY DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
LOUIS B KUPPERMAN
HONORARY DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
CONRAD M OLIE
HONORARY DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JIM READING
HONORARY DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MICHAEL BRAY
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
LISA DONNON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
PHILIP EARLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
RITCHIE FRANCIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
TIM JEFFERIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ALIXANDRA OBENSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
RICHARD STIEBRITZ JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ALYSON ZARRO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
GARY SMITH
EXECUTIVE DIRECTOR
- Total calculated
- $236,855
- From this org
- $0
- From related orgs
- $205,468
- Other
- $31,387
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $205,468 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $31,387 related
- Filer's total
- $0 + $236,855 related
-
MICHAEL GRIGALONIS
COO/ASSISTANT DIRECTOR
- Total calculated
- $215,503
- From this org
- $0
- From related orgs
- $186,266
- Other
- $29,237
- Hours/week
- 8 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $186,266 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $29,237 related
- Filer's total
- $0 + $215,503 related
-
SHERWOOD ROBBINS
MANAGING DIRECTOR
- Total calculated
- $186,990
- From this org
- $0
- From related orgs
- $164,090
- Other
- $22,900
- Hours/week
- 40 + 5 related
Schedule J breakdown matched by us
- Base
- $0 + $164,090 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $22,900 related
- Filer's total
- $0 + $186,990 related
-
JIM HAMMOND
CFO
- Total calculated
- $132,257
- From this org
- $0
- From related orgs
- $103,020
- Other
- $29,237
- Hours/week
- 8 + 40 related
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- SCHDULE J PART I LINE 3
- RELATED ORGANIZATION USES A COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD.
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
-
ECONOMIC DEVELOPMENT IN CHESTER COUNTY, PA
-
ECONOMIC DEVELOPMENT IN LEHIGH VALLEY, PA
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION
501(C)(3) · ENGAGING IN EDUCATIONAL ACTIVITIES TO PROMOTE ECONOMIC DEVELOPMENT · PA
-
CHESTER COUNTY ECONOMIC DEVELOPMENT COUNCIL
501(C)(6) · FOSTERS ECONOMIC GROWTH IN CHESTER CO. BY PROVIDING ASSISTANCE TO BUSINESSES · PA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202620769349300647
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