Civic Intelligence

South Eastern Economic Development Company of Pennsylvania

990 • Fiscal year 2023 • EIN 22-2490679

Oct 01, 2022 to Sep 30, 2023 • Filed on Mar 12, 2024

Organization ProfileWWW.SEEDCOPA.COM
737 Constitution DriveExton, PA 19341

(610) 458-5700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.31x

Higher debt load relative to assets than 70% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

0.81x

Higher debt load relative to revenue than 92% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Net Margin

32nd percentile

-1.1%

Higher net margin than 32% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

27th percentile

$0

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Asset Growth

43rd percentile

3.8%

Faster asset growth than 43% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

27th percentile

-0.8%

Faster revenue growth than 27% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets70th percentile

Assets

Flat

$4,280,310

Flat from 2023

Net Assets

Flat

$2,955,155

Flat from 2023

Liabilities

Flat

$1,325,155

Flat from 2023

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin32nd percentile

Revenue

Flat

$1,638,016

Flat from 2023

Expenses

Flat

$1,655,399

Flat from 2023

Net Income

Flat

-$17,383

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0Assets 2011: $135,135,608Liabilities 2011: $134,984,570Net Assets 2011: $151,0382011Assets 2012: $149,586,039Liabilities 2012: $149,260,990Net Assets 2012: $325,0492012Assets 2013: $153,174,157Liabilities 2013: $152,256,692Net Assets 2013: $917,4652013Assets 2014: $160,362,470Liabilities 2014: $159,127,744Net Assets 2014: $1,234,7262014Assets 2015: $1,812,486Liabilities 2015: $362,581Net Assets 2015: $1,449,9052015Assets 2016: $2,475,442Liabilities 2016: $1,043,104Net Assets 2016: $1,432,3382016Assets 2017: $2,253,654Liabilities 2017: $539,071Net Assets 2017: $1,714,5832017Assets 2018: $2,280,033Liabilities 2018: $219,744Net Assets 2018: $2,060,2892018Assets 2019: $2,316,988Liabilities 2019: $265,941Net Assets 2019: $2,051,0472019Assets 2020: $2,885,740Liabilities 2020: $353,457Net Assets 2020: $2,532,2832020Assets 2021: $3,531,785Liabilities 2021: $771,990Net Assets 2021: $2,759,7952021Assets 2022: $4,125,560Liabilities 2022: $1,153,022Net Assets 2022: $2,972,5382022Assets 2023: $4,280,310Liabilities 2023: $1,325,155Net Assets 2023: $2,955,1552023Assets 2023: $4,280,310Liabilities 2023: $1,325,155Net Assets 2023: $2,955,1552023

Highlighted filing

2023

Assets$4,280,310
Liabilities$1,325,155
Net Assets$2,955,155
Open 2023 Filing

Operations Trend

Revenue Growth27th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,703,128Expenses 2011: $1,659,423Net Income 2011: $43,7052011Expenses 2012: $1,818,4022012Expenses 2013: $1,489,4482013Revenue 2014: $1,747,317Expenses 2014: $1,430,056Net Income 2014: $317,2612014Revenue 2015: $1,981,772Expenses 2015: $1,766,593Net Income 2015: $215,1792015Revenue 2016: $1,396,752Expenses 2016: $1,414,319Net Income 2016: -$17,5672016Revenue 2017: $1,646,309Expenses 2017: $1,364,064Net Income 2017: $282,2452017Revenue 2018: $1,733,461Expenses 2018: $1,387,755Net Income 2018: $345,7062018Revenue 2019: $1,320,527Expenses 2019: $1,329,769Net Income 2019: -$9,2422019Revenue 2020: $1,830,848Expenses 2020: $1,349,612Net Income 2020: $481,2362020Revenue 2021: $1,614,452Expenses 2021: $1,386,940Net Income 2021: $227,5122021Revenue 2022: $1,651,017Expenses 2022: $1,438,274Net Income 2022: $212,7432022Revenue 2023: $1,638,016Expenses 2023: $1,655,399Net Income 2023: -$17,3832023Revenue 2023: $1,638,016Expenses 2023: $1,655,399Net Income 2023: -$17,3832023

Highlighted filing

2023

Revenue$1,638,016
Expenses$1,655,399
Net Income-$17,383
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Mar 12, 2024
Return Version
2022v5.0
Gross Receipts
$1,638,016
Mission and Program Overview

Mission

Foster the industrial and commercial growth of southeastern pennsylvania by providing financing available through the u.s. Small business administration loan programs to new, expanded and rehabilitated industrial and commercial projects.

Foster the industrial and commercial growth of southeastern pa

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,514,402$2,372,051▼ $142,351
Cash and Non-Interest-Bearing Accounts$1,497,741$1,626,922▲ $129,181
Accounts Receivable$45,797$146,289▲ $100,492
Prepaid Expenses and Deferred Charges$5,636$5,705▲ $69
Land, Buildings, and Equipment, Net$2,885$3,602▲ $717
Total Assets$4,125,560$4,280,310▲ $154,750
Other Assets Total$59,099$125,741▲ $66,642
Liabilities
Other Liabilities$995,547$1,119,771▲ $124,224
Accounts Payable and Accrued Expenses$157,475$205,384▲ $47,909
Total Liabilities$1,153,022$1,325,155▲ $172,133
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,150,661$2,112,765▼ $37,896
Net Assets Without Donor Restrictions$821,877$842,390▲ $20,513
Total Net Assets Fund Balance$2,972,538$2,955,155▼ $17,383
Total Liabilities and Net Assets / Fund Balance$4,125,560$4,280,310▲ $154,750

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,602$46,280$49,882
Compensation and Service Providers
Top Officer Pay27th percentile

Board Members and Trustees

NameTitle
Craig S Styer EsqChair
Bill StedmanVice Chair
Michael GrigalonisCOO/assistant Director
Betsy NiedziejkoDirector
Gary VarneyDirector
Geoff SheehanDirector
Greg OlsonDirector
Holly GraverDirector
Jon SwearerDirector
Joseph CalabroDirector
Mark CohenDirector
Michael StephanoDirector
Terry GrierDirector
Bill BogleDirector Emeritus
Edward J BreinerDirector Emeritus
Marian D MoskowitzDirector Emeritus
Roger HugginsDirector Emeritus
Gary SmithExecutive Director
Conrad M OlieHonorary Director
Edwin BrownleyHonorary Director
Jim ReadingHonorary Director
Louis B KuppermanHonorary Director
Nancy R CorsonHonorary Director
Robert F FischerHonorary Director
Sherwood RobbinsManaging Director
R Lorraine BernostskySecretary
Michael HankinTreasurer
Jim HammondVP of Finance
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,612,924
Investment Income
$25,092
Other Revenue
$0
Change in Net Assets
$-17,383

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,638,016
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,638,016
Total Revenue per Form 990
$1,638,016
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,412,899
Grants and Similar Amounts Paid$242,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$1,095,871
Grants to Domestic Orgs---$242,500
Fees for Services Other---$101,548
Advertising---$50,538
Information Technology---$38,643
Interest---$29,425
Fees for Services Accounting---$22,964
Travel---$8,768
Insurance---$7,339
Other Expenses---$6,730
Office Expenses---$6,677
Fees for Services Legal---$1,872
Depreciation Depletion---$1,003
Total Functional Expenses$0$0$0$1,655,399

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,655,399
Total Expenses per Audited Statements$1,655,399
Total Expenses per Form 990$1,655,399
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Chester County Economic Development CouncilExton, PA501(c)(6)Economic Development in Chester County, Pa$225,000
Lehigh Valley Economic Development CouncilBethlehem, PA501(c)(3)Economic Development in Lehigh Valley, Pa$17,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Noncurrent Portion of Lt Debt$671,778
Unearned Revenues - Other$289,548
Unearned Deposits$158,445
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization at all times has at least 9 individual members and does not exceed 25 invidual members.”

Form 990, Part VI, Section A, Line 7A

“Each member is entitled to cast one vote at any election of the directors of the organization.”

Form 990, Part VI, Section B, Line 11B

“Final 990 is reviewed by vp of finance to ensure accuracy and consistency with audited financial statements. Subsequently it is distributed to the board of directors and is reviewed with and approved by them at one of their monthly meetings prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Conflict of interest policy is reviewed annually by the advisory group and approved by the board.”

Form 990, Part VI, Section C, Line 19

“These documents are made available to the public only upon direct request to the organization.”

Filing and Contact Details

Filer

Filer Name
South Eastern Economic Development
EIN
22-2490679
Phone
6104585700
Address
737 CONSTITUTION DRIVE, EXTON, PA 19341

Signing Officer

Name
Jim Hammond
Title
VP of Finance
Phone
6104585700
Signed
2024-03-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Smith
Formed
1983
Legal Domicile
Pa
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
24

Preparer

Firm
Maillie Llp
Address
500 NORTH LEWIS ROAD, LIMERICK, PA 19468
Preparer
Daniel L Niehls CPA
Phone
6109351420
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2

“The board of directors oversees the audit and is involved in the selection of the independent auditors.”

Raw XML AppendixShowing 400 of 587 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0157475
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0205384
IRS990/AccountsReceivableGrp/BOYAmt045797
IRS990/AccountsReceivableGrp/EOYAmt0146289
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0FOSTER THE INDUSTRIAL AND COMMERCIAL GROWTH OF SOUTHEASTERN PA
IRS990/AdvertisingGrp/TotalAmt050538
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JIM HAMMOND
IRS990/BooksInCareOfDetail/PhoneNum06104585700
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0737 CONSTITUTION DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0EXTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd019341
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01497741
IRS990/CashNonInterestBearingGrp/EOYAmt01626922
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0242500
IRS990/CYInvestmentIncomeAmt025092
IRS990/CYOtherExpensesAmt01412899
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01612924
IRS990/CYRevenuesLessExpensesAmt0-17383
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01655399
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01638016
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt01003
IRS990/Desc0ADMINISTRATION AND PROCESSING OF SBA 504 LOAN PROGRAMS AND ASSISTANCE TO SMALL BUSINESSES IN SOUTHEASTERN PA. IN ADDITION THE ORGANIZATION PROCESSES AND SERVICES SBA 7A LOANS FOR BANKS AS A LENDER SERVICE PROVIDER.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02150661
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt02112765
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/ExpenseAmt01655399
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt022964
IRS990/FeesForServicesLegalGrp/TotalAmt01872
IRS990/FeesForServicesManagementGrp/TotalAmt01095871
IRS990/FeesForServicesOtherGrp/TotalAmt0101548
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt170.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt180.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt190.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt200.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt220.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt230.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt245.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt258.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt278.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt270
IRS990/Form990PartVIISectionAGrp/PersonNm0CRAIG S STYER ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm1BILL STEDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL HANKIN
IRS990/Form990PartVIISectionAGrp/PersonNm3R LORRAINE BERNOSTSKY
IRS990/Form990PartVIISectionAGrp/PersonNm4JOSEPH CALABRO
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK COHEN
IRS990/Form990PartVIISectionAGrp/PersonNm6HOLLY GRAVER
IRS990/Form990PartVIISectionAGrp/PersonNm7BETSY NIEDZIEJKO
IRS990/Form990PartVIISectionAGrp/PersonNm8GREG OLSON
IRS990/Form990PartVIISectionAGrp/PersonNm9GEOFF SHEEHAN
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL STEPHANO
IRS990/Form990PartVIISectionAGrp/PersonNm11GARY VARNEY
IRS990/Form990PartVIISectionAGrp/PersonNm12TERRY GRIER
IRS990/Form990PartVIISectionAGrp/PersonNm13JON SWEARER
IRS990/Form990PartVIISectionAGrp/PersonNm14BILL BOGLE
IRS990/Form990PartVIISectionAGrp/PersonNm15EDWARD J BREINER
IRS990/Form990PartVIISectionAGrp/PersonNm16ROGER HUGGINS
IRS990/Form990PartVIISectionAGrp/PersonNm17MARIAN D MOSKOWITZ
IRS990/Form990PartVIISectionAGrp/PersonNm18EDWIN BROWNLEY
IRS990/Form990PartVIISectionAGrp/PersonNm19NANCY R CORSON
IRS990/Form990PartVIISectionAGrp/PersonNm20ROBERT F FISCHER
IRS990/Form990PartVIISectionAGrp/PersonNm21LOUIS B KUPPERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm22CONRAD M OLIE
IRS990/Form990PartVIISectionAGrp/PersonNm23JIM READING
IRS990/Form990PartVIISectionAGrp/PersonNm24GARY SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm25MICHAEL GRIGALONIS
IRS990/Form990PartVIISectionAGrp/PersonNm26SHERWOOD ROBBINS
IRS990/Form990PartVIISectionAGrp/PersonNm27JIM HAMMOND
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt18HONORARY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19HONORARY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20HONORARY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21HONORARY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22HONORARY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23HONORARY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25COO/ASSISTANT DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27VP OF FINANCE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt0242500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0242500
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01638016
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt038643
IRS990/InsuranceGrp/TotalAmt07339
IRS990/InterestGrp/TotalAmt029425
IRS990/InvestmentIncomeGrp/ExclusionAmt025092
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt025092
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt046280
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02885
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03602
IRS990/LandBldgEquipCostOrOtherBssAmt049882
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FOSTER THE INDUSTRIAL AND COMMERCIAL GROWTH OF SOUTHEASTERN PENNSYLVANIA BY PROVIDING FINANCING AVAILABLE THROUGH THE U.S. SMALL BUSINESS ADMINISTRATION LOAN PROGRAMS TO NEW, EXPANDED AND REHABILITATED INDUSTRIAL AND COMMERCIAL PROJECTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02972538
IRS990/NetAssetsOrFundBalancesEOYAmt02955155
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0821877
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0842390
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt06677
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt059099
IRS990/OtherAssetsTotalGrp/EOYAmt0125741
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1EDUCATION AND SEMINARS
IRS990/OtherExpensesGrp/Desc2BUSINESS DEVELOPMENT
IRS990/OtherExpensesGrp/TotalAmt022195
IRS990/OtherExpensesGrp/TotalAmt119326
IRS990/OtherExpensesGrp/TotalAmt26730
IRS990/OtherLiabilitiesGrp/BOYAmt0995547
IRS990/OtherLiabilitiesGrp/EOYAmt01119771
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02514402
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02372051
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05636
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05705
IRS990/PrincipalOfficerNm0GARY SMITH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561000
IRS990/ProgramServiceRevenueGrp/BusinessCd1561000
IRS990/ProgramServiceRevenueGrp/BusinessCd2561000
IRS990/ProgramServiceRevenueGrp/BusinessCd3561000
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc1PROCESSING FEES
IRS990/ProgramServiceRevenueGrp/Desc2SBA PROGRAM FEES/INTER
IRS990/ProgramServiceRevenueGrp/Desc3SSBCI LOAN REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0891035
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1376178
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2221773
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3123938
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0891035
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1376178
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2221773
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3123938
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt0120000
IRS990/PYInvestmentIncomeAmt05069
IRS990/PYOtherExpensesAmt01318274
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01645948
IRS990/PYRevenuesLessExpensesAmt0212743
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01438274
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01651017
IRS990/ReconcilationRevenueExpnssAmt0-17383
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01612924
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt03602
IRS990ScheduleD/EquipmentGrp/DepreciationAmt046280
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt049882
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01655399
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0158445
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1289548
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2671778
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNEARNED DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UNEARNED REVENUES - OTHER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NONCURRENT PORTION OF LT DEBT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,280,310
Liabilities
$1,325,155
Net assets
$2,955,155
Revenue
$1,638,016
Expenses
$1,655,399
Net income
-$17,383
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$4.28$1.33$2.96$1.64$1.66$0.02
2023Summary only. Only limited summary data is available for this year.$4.28$1.33$2.96$1.64$1.66$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.13$1.15$2.97$1.65$1.44$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.53$0.77$2.76$1.61$1.39$0.23
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.89$0.35$2.53$1.83$1.35$0.48
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.32$0.27$2.05$1.32$1.33$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.28$0.22$2.06$1.73$1.39$0.35
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.25$0.54$1.71$1.65$1.36$0.28
2016Detailed filing. Detailed filing data is available for this year.$2.48$1.04$1.43$1.40$1.41$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.81$0.36$1.45$1.98$1.77$0.22
2014Summary only. Only limited summary data is available for this year.$160$159$1.23$1.75$1.43$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$153$152$0.92$1.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$150$149$0.33$1.82
2011Summary only. Only limited summary data is available for this year.$135$135$0.15$1.70$1.66$0.04