Totals
- Total revenue
- $1,501,460
- Total expenses
- $327,410
- Contributions and grants received
- $1,345,108
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $129,062
- Other revenue
- $27,290
- Total assets, end of year
- $3,638,906
- Total liabilities, end of year
- $1,157,117
- Net assets or fund balances, end of year
- $2,481,789
- Program services expenses (Part IX)
- $308,612
- Management and general expenses
- $18,798
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $308,612
Program services were 94.3% 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)
$1,345,108
-
3 · Investment income
total $129,062 · excluded $129,062
-
11a · Other revenue: APPLICATION & CLOSING
total $21,780 · excluded $21,780
-
11b · Other revenue: FEE FOR SERVICE INCOME
total $5,000 · excluded $5,000
-
11c · Other revenue: BAD DEBT RECOVERY
total $510 · excluded $510
-
11e · Other revenue, total
$27,290
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $2,582 · program services $2,582
-
11c · Fees: accounting
total $9,250 · program services $9,250
-
11g · Fees: other
total $6,509 · management and general $6,509
-
17 · Travel
total $5,298 · program services $4,770 · management and general $528
-
20 · Interest
total $14,215 · program services $14,215
-
22 · Depreciation, depletion and amortization
total $1,357 · management and general $1,357
-
23 · Insurance
total $1,967 · management and general $1,967
-
24a · Other expenses: FEES FOR SERVICE
total $113,157 · program services $109,553 · management and general $3,604
-
24b · Other expenses: MAINTENANCE
total $64,421 · program services $64,421
-
24c · Other expenses: GRANT CONTRACTOR EXPENS
total $56,519 · program services $56,519
-
24d · Other expenses: SUPPLIES AND POSTAGE
total $39,593 · program services $39,484 · management and general $109
-
24e · All other expenses
total $12,542 · program services $7,818 · management and general $4,724
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,243,329 · end of year $1,384,705
-
3 · Pledges and grants receivable
beginning of year $53,264 · end of year $46,723
-
7 · Other notes and loans receivable
beginning of year $1,295,709 · end of year $2,202,981
-
10a · Land, buildings and equipment: cost or other basis
$4,070
-
10b · Land, buildings and equipment: accumulated depreciation
$1,583
-
10c · Land, buildings and equipment, net
beginning of year $3,844 · end of year $2,487
-
15 · Other assets
beginning of year $0 · end of year $2,010
-
17 · Accounts payable and accrued expenses
beginning of year $224,514 · end of year $438,730
-
19 · Deferred revenue
beginning of year $337,142 · end of year $41,136
-
24 · Unsecured notes and loans payable
beginning of year $726,751 · end of year $677,251
-
27 · Net assets without donor restrictions
beginning of year $1,020,433 · end of year $2,232,327
-
28 · Net assets with donor restrictions
beginning of year $287,306 · end of year $249,462
Mission and programs · 2023
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 $308,612
As filed on the 2023 return.
Listed in Part VII
-
Rose M Lucey-NollROSE M LUCEY-NOLL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Bradley R BurgerBRADLEY R BURGER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.25
-
Russell KielRUSSELL KIEL
TREASURER
- Total calculated
- $0
- Hours/week
- 0.25
-
Rev Sylvia J KingREV SYLVIA J KING
DIRECTOR
- 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
-
David MrozowskiDAVID MROZOWSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Linda ThomsonLINDA THOMSON
PRESIDENT
- Total calculated
- $199,138
- From this org
- $0
- From related orgs
- $172,190
- Other
- $26,948
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $172,190 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $16,000 related
- Nontaxable benefits
- $0 + $10,948 related
- Filer's total
- $0 + $199,138 related
-
Michele ClapperMICHELE CLAPPER
VICE PRESIDENT
- Total calculated
- $130,643
- From this org
- $0
- From related orgs
- $102,160
- Other
- $28,483
- Hours/week
- 1 + 40 related
-
Brenda FikeBRENDA FIKE
CFO
- Total calculated
- $99,081
- From this org
- $0
- From related orgs
- $81,527
- Other
- $17,554
- Hours/week
- 1 + 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
- 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
- 2023
- Filed
- 28 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403139349301820
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.