- Revenue 2024
- $7,346,995
- Expenses 2024
- $613,289
Program services were 87.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- S20
- Classification
- 1000
- Street
- 4500 PERKIOMEN AVE
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
TO RESTORE RESIDENCES AND TO CONSTRUCT NEW BUILDINGS FOR NEW INDUSTRIES WITHIN THE CITY OF READING. TO REDEVELOP THE BUSINESS DISTRICTS OF THE CITY OF READING THROUGH RESTORATION OR CREATION OF NEW BUILDINGS. TO MANAGE AND BUILD APARTMENTS IN THE CITY OF READING.
-
REHABILITIATION OF BUSINESS DISTRICT OF CITY OF READING, PA.
Expenses $534,271 · Revenue $2,852,819
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
James BoscovJAMES BOSCOV
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 3
-
Michael EhlermanMICHAEL EHLERMAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
John ConnellyJOHN CONNELLY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Craig PooleCRAIG POOLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Ken ChristianKEN CHRISTIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Timothy J DaleyTIMOTHY J DALEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Jack GulatiJACK GULATI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Thomas McMahonTHOMAS MCMAHON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Dr Jerome MarcusDR JEROME MARCUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Ken PickKEN PICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Todd TaylorTODD TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Al WeberAL WEBER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Scott W Zuidema EsqSCOTT W ZUIDEMA ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Michelle DupellMICHELLE DUPELL
CONTROLLER
- Total calculated
- $0
- Hours/week
- 10
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $7,346,995
- Expenses
- $613,289
- Contributions
- $2,871,900
- Grants paid
- $0
-
2023
- Revenue
- $2,013,447
- Expenses
- $587,562
- Contributions
- $421,898
- Grants paid
- $0
-
2022
- Revenue
- $1,689,681
- Expenses
- $457,021
- Contributions
- $209,269
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2023 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2022 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2021 · 990
- Revenue
- $2,008,089
- Expenses
- $405,963
- Assets (EOY)
- $67,658,685
-
2021 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990
- Revenue
- $4,899,446
- Expenses
- $529,374
- Assets (EOY)
- $66,487,925
-
2020 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2019 · 990
- Revenue
- $1,631,034
- Expenses
- $514,521
- Assets (EOY)
- $63,514,756
-
2018 · 990
- Revenue
- $2,540,429
- Expenses
- $1,268,533
- Assets (EOY)
- $63,630,413
-
2017 · 990
- Revenue
- $7,936,430
- Expenses
- $6,422,143
- Assets (EOY)
- $63,927,842
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
$500,000
2024 IMPACT GRANT: HELPING HARVEST COMMUNITY KITCHEN
-
DONOR ADVISED CHARITABLE GIVING
$100,000
2023 PUBLIC, SOCIETAL BENEFIT
-
DONOR ADVISED CHARITABLE GIVING
$50,500
2024 PUBLIC, SOCIETAL BENEFIT
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
READING BUTTONWOOD GATEWAY GROUP LLC
REAL ESTATE · PA · income $0 · assets $0
-
GOGGLE WORKS SHOPS LLC
REAL ESTATE · PA · income $44,167 · assets -$1,446,467
-
READING REVIVAL LLC
REAL ESTATE (INACTIVE) · PA · income $0 · assets $0
-
GOGGLEWORKS ARTISTS HOUSING LLC
REAL ESTATE · PA · income $1,888,363 · assets $1,875,033
Related partnerships on its 2024 return
-
GOGGLE WORKS APARTMENTS LLC
UNRELATED · REAL ESTATE · PA · 0.01% owned · share of income -$102 · share of assets -$1,692 · general or managing partner
-
READING HOSPITALITY LLC
UNRELATED · REAL ESTATE - HOTEL · PA · 0.01% owned · share of income -$18 · share of assets $18,226,733 · general or managing partner
-
READINGS FUTURE LLC
UNRELATED · REAL ESTATE MANAGEMENT · FL · 99.99% owned · general or managing partner
-
PENN SQUARE MT LP
UNRELATED · REAL ESTATE · PA · 99% owned · share of income $4,105 · share of assets $7,471 · general or managing partner
Related corporations and trusts on its 2024 return
-
PENN SQUARE MT MANAGER INC
C · REAL ESTATE · PA · 100% owned
-
READING HOSPITALITY MANAGEMENT COMPANY
C · MANAGEMENT COMPANY · PA · 100% owned · share of income $2,464 · share of assets $34,620
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.