Totals
- Total revenue
- $864,510
- Total expenses
- $402,583
- Contributions and grants received
- $656,748
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $188,379
- Other revenue
- $19,383
- Total assets, end of year
- $4,535,399
- Total liabilities, end of year
- $1,591,683
- Net assets or fund balances, end of year
- $2,943,716
- Program services expenses (Part IX)
- $335,441
- Management and general expenses
- $67,142
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $335,441
Program services were 83.3% 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)
$363,430
-
1f · All other contributions, gifts and grants
$293,318
-
3 · Investment income
total $188,379 · excluded $188,379
-
11a · Other revenue: APPLICATION & CLOSING
total $18,873 · related or exempt $18,873
-
11b · Other revenue: BAD DEBT RECOVERY
total $510 · related or exempt $510
-
11e · Other revenue, total
$19,383
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $3,035 · program services $3,035
-
11c · Fees: accounting
total $10,000 · program services $10,000
-
11g · Fees: other
total $243,974 · program services $186,863 · management and general $57,111
-
13 · Office expenses
total $59,904 · program services $59,904
-
16 · Occupancy
total $6,897 · program services $6,897
-
17 · Travel
total $12,694 · program services $10,696 · management and general $1,998
-
20 · Interest
total $13,682 · program services $13,682
-
22 · Depreciation, depletion and amortization
total $1,357 · management and general $1,357
-
23 · Insurance
total $2,068 · management and general $2,068
-
24a · Other expenses: MAINTENANCE
total $41,859 · program services $40,985 · management and general $874
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $4,214 · program services $3,379 · management and general $835
-
24c · Other expenses: MISCELLANEOUS
total $2,899 · management and general $2,899
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,384,705 · end of year $1,795,436
-
3 · Pledges and grants receivable
beginning of year $46,723 · end of year $121,312
-
4 · Accounts receivable
end of year $98
-
7 · Other notes and loans receivable
beginning of year $2,202,981 · end of year $2,615,923
-
9 · Prepaid expenses and deferred charges
beginning of year $2,010 · end of year $1,500
-
10a · Land, buildings and equipment: cost or other basis
$4,070
-
10b · Land, buildings and equipment: accumulated depreciation
$2,940
-
10c · Land, buildings and equipment, net
beginning of year $2,487 · end of year $1,130
-
17 · Accounts payable and accrued expenses
beginning of year $438,730 · end of year $756,853
-
19 · Deferred revenue
beginning of year $41,136 · end of year $184,666
-
24 · Unsecured notes and loans payable
beginning of year $677,251 · end of year $650,164
-
27 · Net assets without donor restrictions
beginning of year $2,232,327 · end of year $2,756,410
-
28 · Net assets with donor restrictions
beginning of year $249,462 · end of year $187,306
Mission and programs · 2024
Mission
SEE SCHEDULE O
Activities or mission (Part I)
PROMOTION OF ECONOMIC DEVELOPMENT IN ECONOMICALLY DISTRESSED COMMUNITIES IN THE SOUTHERN ALLEGHENIES REGION OF PENNSYLVANIA BY ENGAGING IN ACTIVITIES DIRECTED AT CREATING SUSTAINABLE JOBS, ENCOURAGING INVESTMENT AND ECONOMIC GROWTH, ENHANCING THE QUALITY OF LIFE FOR THE RESIDENTS OF THE REGION AND IMPROVING HOUSING AND OTHERWISE ADDRESSING THE NEEDS OF LOW TO MODERATE INCOME RESIDENTS OF DISADVANTAGED, POOR AND MINORITY COMMUNITIES WITHIN THE REGION.
-
PROVIDING FUNDS, MANAGEMENT ASSISTANCE, MANAGEMENT AND LABOR TRAINING, AND FINANCIAL ASSISTANCE TO NEW AND DISTRESSED BUSINESSES AND BUSINESSES IN LOW INCOME DISTRESSED AREAS THAT EMPLOY OR MIGHT EMPLOY AND MODERATE INCOME INDIVIDUALS AS A COMMUNITY-BASED SPECIALIZED FINANCIAL INSTITUTION.
Expenses $335,441
As filed on the 2024 return.
Listed in Part VII
-
Anne GarrisonANNE GARRISON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.25
-
Rev Sylvia J KingREV SYLVIA J KING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Rose M Lucey-NollROSE M LUCEY-NOLL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Russell KielRUSSELL KIEL
TREASURER
- Total calculated
- $0
- Hours/week
- 0.25
-
Karen Struble MyersKAREN STRUBLE MYERS
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.25
-
Steven HowsareSTEVEN HOWSARE
CHAIR
- Total calculated
- $0
- Hours/week
- 0.25
-
Michael AlbertsMICHAEL ALBERTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Michele ClapperMICHELE CLAPPER
ASSISTANT SECRETARY
- Total calculated
- $149,666
- From this org
- $0
- From related orgs
- $111,070
- Other
- $38,596
- Hours/week
- 1 + 40 related
-
Brenda FikeBRENDA FIKE
ASSISTANT SECRETARY
- Total calculated
- $113,913
- From this org
- $0
- From related orgs
- $88,371
- Other
- $25,542
- Hours/week
- 1 + 40 related
-
Linda ThomsonLINDA THOMSON
FORMER PRESIDENT, CEO
- Total calculated
- $212,264
- From this org
- $0
- From related orgs
- $170,823
- Other
- $41,441
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $170,823 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $17,082 related
- Nontaxable benefits
- $0 + $24,359 related
- Filer's total
- $0 + $212,264 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
- 3 · Independent compensation consultant
- 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
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.
-
JOHNSTOWN AREA REGIONAL INDUSTRIES
501(C)(3) · CREATE JOB · PA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543219349307009
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