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← FOUNDATION OF ECONOMIC DEVELOPMENT COMPANY OF LANCASTER C

Form 990 for tax year 2025

Filed by FOUNDATION OF ECONOMIC DEVELOPMENT COMPANY OF LANCASTER C.

Totals

Total revenue
$82,557
Total expenses
$151,821
Contributions and grants received
$57,000
Grants paid
$0
Program service revenue
$0
Investment income
$25,557
Other revenue
$0
Total assets, end of year
$690,090
Total liabilities, end of year
$8,409
Net assets or fund balances, end of year
$681,681
Program services expenses (Part IX)
$144,781
Management and general expenses
$7,040
Fundraising expenses
$0
Program service expenses (Part III)
$144,781

Program services were 95.4% 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)

    $5,000

  • 1f · All other contributions, gifts and grants

    $52,000

  • 3 · Investment income

    total $25,557 · excluded $25,557

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $2,026 · program services $2,026

  • 11c · Fees: accounting

    total $2,195 · management and general $2,195

  • 11g · Fees: other

    total $116,186 · program services $116,186

  • 13 · Office expenses

    total $882 · management and general $882

  • 14 · Information technology

    total $1,701 · program services $80 · management and general $1,621

  • 23 · Insurance

    total $2,342 · management and general $2,342

  • 24a · Other expenses: ADMINISTRATION FEES

    total $26,489 · program services $26,489

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $780,113 · end of year $689,211

  • 4 · Accounts receivable

    beginning of year $15,750 · end of year $879

  • 10a · Land, buildings and equipment: cost or other basis

    $5,622

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,622

  • 17 · Accounts payable and accrued expenses

    beginning of year $44,918 · end of year $8,409

  • 27 · Net assets without donor restrictions

    beginning of year $435,575 · end of year $431,449

  • 28 · Net assets with donor restrictions

    beginning of year $315,370 · end of year $250,232

Mission and programs · 2025

Mission

ENHANCE THE ECONOMIC WELL-BEING OF LANCASTER COUNTY BY BRINGING TOGETHER BUSINESS RESOURCES, CAPITAL AND GOVERNMENT FOR SELECTIVE, MEASURABLE AND SUSTAINABLE GROWTH.

Activities or mission (Part I)

ENHANCE THE ECONOMIC WELL-BEING OF THE COMMUNITY BY BRINGING TOGETHER BUSINESS RESOURCES, CAPITAL AND GOVERNMENT FOR SELECTIVE, MEASUREABLE AND SUSTAINABLE GROWTH.

  • THE FOUNDATION OF THE ECONOMIC DEVELOPMENT COMPANY OF LANCASTER COUNTY IDENTIFIES, DEFINES AND IMPLEMENTS ECONOMIC STRATEGIES AND OPPORTUNITIES TO IMPROVE THE ECONOMIC WELL-BEING AND VITALITY OF LANCASTER COUNTY AND THE REGION.

    Expenses $144,781

As filed on the 2025 return.

Listed in Part VII

  • EZRA ROTHMAN

    PRESIDENT

    Total calculated
    $175,752
    From this org
    $0
    From related orgs
    $148,768
    Other
    $26,984
    Hours/week
    0.7 + 33.5 related

    Schedule J breakdown matched by us

    Base
    not reported + $138,133 related
    Bonus
    not reported + $10,635 related
    Other
    not reported
    Deferred
    not reported + $23,500 related
    Nontaxable benefits
    not reported + $3,484 related
    Filer's total
    not reported + $175,752 related

  • JOHN BIEMILLER

    VICE PRESIDE

    Total calculated
    $154,011
    From this org
    $0
    From related orgs
    $144,326
    Other
    $9,685
    Hours/week
    0 + 37.5 related

    Schedule J breakdown matched by us

    Base
    not reported + $134,051 related
    Bonus
    not reported + $10,275 related
    Other
    not reported
    Deferred
    not reported + $6,844 related
    Nontaxable benefits
    not reported + $2,841 related
    Filer's total
    not reported + $154,011 related

  • KIM DECKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • CHRIS DREW

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 1 related

  • JORDAN FARRELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • LIZ MARTIN

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    0.1 + 1 related

  • KENDRA D MCGUIRE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 1 related

  • CURTIS J MYERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 1 related

  • MICHELLE RONDINELLI

    BOARD VICE C

    Total calculated
    $0
    Hours/week
    0.1 + 1 related

  • SHANE ZIMMERMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 1 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
  • 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.

Provenance

Return type
form_990
Tax year
2025
Filed
17 June 2026
IRS schema version
2025v4.0
Source object
202621739349301457

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