Form 990 for tax year 2023
Filed by YORK COUNTY ECONOMIC DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $507,986
- Total expenses
- $529,268
- Contributions and grants received
- $179,950
- Grants paid
- $0
- Program service revenue
- $315,700
- Investment income
- $12,336
- Other revenue
- $0
- Total assets, end of year
- $4,011,144
- Total liabilities, end of year
- $1,508,867
- Net assets or fund balances, end of year
- $2,502,277
- Program services expenses (Part IX)
- $527,508
- Management and general expenses
- $1,760
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 99.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$179,950
-
2a · Program service revenue: RENTAL INCOME
total $216,727 · related or exempt $216,727
-
2b · Program service revenue: SHARED USER SERVICE
total $61,571 · related or exempt $61,571
-
2c · Program service revenue: SERVICE FEE INCOME
total $37,402 · related or exempt $37,402
-
3 · Investment income
total $12,336 · excluded $12,336
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $8,800 · program services $7,040 · management and general $1,760
-
11g · Fees: other
total $89,177 · program services $89,177
-
13 · Office expenses
total $5,960 · program services $5,960
-
16 · Occupancy
total $232,018 · program services $232,018
-
22 · Depreciation, depletion and amortization
total $146,997 · program services $146,997
-
23 · Insurance
total $22,760 · program services $22,760
-
24a · Other expenses: LOAN LOSS RESERVE EXPENSE
total $23,500 · program services $23,500
-
24b · Other expenses: BANK FEES
total $56 · program services $56
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $2,045,268 · end of year $1,886,647
-
3 · Pledges and grants receivable
beginning of year $35,000
-
4 · Accounts receivable
beginning of year $20,693 · end of year $29,923
-
7 · Other notes and loans receivable
end of year $125,089
-
9 · Prepaid expenses and deferred charges
beginning of year $21,683 · end of year $21,387
-
10a · Land, buildings and equipment: cost or other basis
$5,479,789
-
10b · Land, buildings and equipment: accumulated depreciation
$3,683,641
-
10c · Land, buildings and equipment, net
beginning of year $1,936,595 · end of year $1,796,148
-
15 · Other assets
beginning of year $257,873 · end of year $151,950
-
17 · Accounts payable and accrued expenses
beginning of year $14,115 · end of year $14,287
-
19 · Deferred revenue
beginning of year $1,503,254 · end of year $1,323,419
-
23 · Secured mortgages and notes payable
beginning of year $257,873 · end of year $151,950
-
25 · Other liabilities
beginning of year $18,311 · end of year $19,211
-
27 · Net assets without donor restrictions
beginning of year $2,523,559 · end of year $2,502,277
Mission and programs · 2023
Mission
YORK COUNTY ECONOMIC DEVELOPMENT CORPORATION IS ENGAGED IN THE PROMOTION OF INDUSTRIAL AND ECONOMIC DEVELOPMENT THROUGHOUT YORK COUNTY.
Activities or mission (Part I)
PROMOTION OF INDUSTRIAL AND ECONOMIC DEVELOPMENT THROUGHOUT YORK COUNTY.
-
YCEDC OWNED THE INDUSTRIAL PLAZA OF YORK WHICH IS A MULTI-TENANT FACILITY OCCUPYING APPROXIMATELY 17 TENANTS IN 2023.
As filed on the 2023 return.
Listed in Part VII
-
LAURA BUCZKOWSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.5 related
-
DR DAVID CHRISTIANSEN PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 1.75 related
-
DR TODD DAVIES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.5 related
-
MICHAEL GASKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.5 related
-
TAYLOR GROFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 1.75 related
-
OLIVER HOAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 1.75 related
-
DR REVEREND MARK KEARSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.5 related
-
BEV MACKERETH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 4 related
-
JOE MALDA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.5 related
-
BRUCE T NEWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.5 related
-
SARA PARRISH
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.3 + 0.5 related
-
ANEURY E PEREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.5 related
-
GRACE T QUARTEY
TREASURER
- Total calculated
- $0
- Hours/week
- 0.3 + 4 related
-
ROBIN ROHRBAUGH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.5 related
-
CASEY KAT ROSSUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.5 related
-
JULIAN TOLBERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.5 related
-
JEFFREY VERMEULEN
CHAIR
- Total calculated
- $0
- Hours/week
- 0.3 + 5.25 related
-
RUBEN WARREN
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.3 + 2.75 related
-
JULIE WHEELER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.5 related
-
WILLIAM T YANAVITCH II
IMMEDIATE PA
- Total calculated
- $0
- Hours/week
- 0.3 + 4 related
-
KEVIN SCHREIBER
PRESIDENT &
- Total calculated
- $302,754
- From this org
- $0
- From related orgs
- $270,728
- Other
- $32,026
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- not reported + $270,728 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $32,026 related
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $302,754 related
-
NANCY BARRY
VP OPERATION
- Total calculated
- $176,814
- From this org
- $0
- From related orgs
- $148,988
- Other
- $27,826
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- not reported + $148,988 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $27,826 related
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $176,814 related
-
SILAS CHAMBERLIN
VP, EC. & CO
- Total calculated
- $181,359
- From this org
- $0
- From related orgs
- $166,518
- Other
- $14,841
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- not reported + $166,518 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $14,841 related
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $181,359 related
-
KATIE MAHONEY
VP, MARKETIN
- Total calculated
- $160,987
- From this org
- $0
- From related orgs
- $144,092
- Other
- $16,895
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- not reported + $144,092 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $16,895 related
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $160,987 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)
- SCHEDULE J, PAGE 1, PART I, LINE 3
- THE RELATED ORGANIZATION UTILIZES A GOVERNANCE COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR GOVERNANCE COMMITTEE.
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
No itemized grants to organizations on this return.
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.
-
6 · FACILITATE · PA
-
YORK COUNTY CHAMBER OF COMMERCE
6 · PROMOTE · PA
-
3 · IMPROVE · PA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 July 2024
- IRS schema version
- 2023v5.0
- Source object
- 202412059349300521
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