Form 990 for tax year 2024
Filed by HARRISBURG ECONOMIC DEVELOPMENTCORPORATION.
Totals
- Total revenue
- $152,102
- Total expenses
- $134,275
- Contributions and grants received
- $140,200
- Grants paid
- $0
- Program service revenue
- $15,582
- Investment income
- $7,518
- Other revenue
- -$11,198
- Total assets, end of year
- $634,105
- Total liabilities, end of year
- $291,916
- Net assets or fund balances, end of year
- $342,189
- Program services expenses (Part IX)
- $117,127
- Management and general expenses
- $17,148
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $117,127
Program services were 87.2% 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.
-
1f · All other contributions, gifts and grants
$140,200
-
2f · All other program service revenue
total $15,582 · related or exempt $15,582
-
3 · Investment income
total $7,518 · excluded $7,518
-
6a · Gross rents
real property $36,768
-
6b · Less rental expenses
real property $47,966
-
6c · Rental income or loss
real property -$11,198
-
6d · Net rental income or loss
total -$11,198 · excluded -$11,198
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $1,163 · management and general $1,163
-
11c · Fees: accounting
total $1,402 · management and general $1,402
-
12 · Advertising and promotion
total $6,544 · management and general $6,544
-
13 · Office expenses
total $4,225 · management and general $4,225
-
16 · Occupancy
total $2,100 · management and general $2,100
-
22 · Depreciation, depletion and amortization
total $532 · management and general $532
-
23 · Insurance
total $1,051 · management and general $1,051
-
24a · Other expenses: OTHER CONTRACTED EXPENS
total $117,063 · program services $117,063
-
24b · Other expenses: DUES & SUBSCRIPTIONS
total $100 · management and general $100
-
24e · All other expenses
total $95 · program services $64 · management and general $31
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $283,103 · end of year $197,698
-
4 · Accounts receivable
end of year $1,354
-
9 · Prepaid expenses and deferred charges
beginning of year $1,400
-
10a · Land, buildings and equipment: cost or other basis
$533,896
-
10b · Land, buildings and equipment: accumulated depreciation
$98,843
-
10c · Land, buildings and equipment, net
beginning of year $452,185 · end of year $435,053
-
25 · Other liabilities
beginning of year $315,681 · end of year $291,916
-
27 · Net assets without donor restrictions
beginning of year $421,007 · end of year $342,189
Mission and programs · 2024
Mission
TO CREATE NEW POSSIBILITIES FOR COMMUNITY GROWTH
-
ACTIVITIES AND EVENTS HELD TO ENHANCE THE LIFESTYLE WITHIN OUR GROWING COMMUNITY BOTH COMMERCIALLY AND RESIDENTIALLY.
Expenses $117,127 · Revenue $15,582
As filed on the 2024 return.
Listed in Part VII
-
Marcus MahlenMARCUS MAHLEN
HEDC CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Leap ChearLEAP CHEAR
HEDC VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Cory Van MaanenCORY VAN MAANEN
HEDC TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Adam WalshADAM WALSH
HEDC BOARD MEMBER/PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Linda DunhamLINDA DUNHAM
HEDC BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ashley MaylandASHLEY MAYLAND
HEDC BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeannie ThurstonJEANNIE THURSTON
HEDC BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Breanne LynchBREANNE LYNCH
HEDC BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brad MeyerBRAD MEYER
HEDC BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202511369349301626
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.