Liabilities / Assets
33rd percentile
Higher debt load relative to assets than 33% of similar nonprofits.
990 • Fiscal year 2013 • EIN 23-1412034
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
33rd percentile
Higher debt load relative to assets than 33% of similar nonprofits.
Liabilities / Revenue
71st percentile
Higher debt load relative to revenue than 71% of similar nonprofits.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
65th percentile
Higher top officer pay than 65% of similar nonprofits.
Top officer pay equals 23.4% of source-year revenue.
Asset Growth
28th percentile
Faster asset growth than 28% of similar nonprofits.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
Down$17,682,658
Down $330,130 (-1.8%) from 2012
Net Assets
Down$16,260,960
Down $54,599 (-0.3%) from 2012
Liabilities
Down$1,421,698
Down $275,531 (-16%) from 2012
Revenue
$767,955
No earlier filing loaded for comparison.
Expenses
Up$822,554
Up $201,833 (+33%) from 2012
Net Income
-$54,599
No earlier filing loaded for comparison.
Promoted industrial development in schuylkill county, pa through land development, contruction of shell buildings, low-interest loans
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Inventories for Sale or Use | $10,327,323 | $10,478,026 | ▲ $150,703 |
| Investments in Publicly Traded Securities | $3,858,209 | $3,503,684 | ▼ $354,525 |
| Other Notes and Loans Receivable, Net | $2,422,716 | $2,009,066 | ▼ $413,650 |
| Land, Buildings, and Equipment, Net | $46,070 | $713,464 | ▲ $667,394 |
| Savings and Temporary Cash Investments | $390,621 | $601,877 | ▲ $211,256 |
| Accounts Receivable | $707,931 | $376,341 | ▼ $331,590 |
| Cash and Non-Interest-Bearing Accounts | $120 | $200 | ▲ $80 |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $18,012,788 | $17,682,658 | ▼ $330,130 |
| Other Assets Total | $259,798 | $0 | ▼ $259,798 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,123,073 | $1,123,073 | → $0 |
| Other Liabilities | $279,229 | $283,174 | ▲ $3,945 |
| Deferred Revenue | $234,999 | - | - |
| Accounts Payable and Accrued Expenses | $59,928 | $15,451 | ▼ $44,477 |
| Total Liabilities | $1,697,229 | $1,421,698 | ▼ $275,531 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $16,315,559 | $16,260,960 | ▼ $54,599 |
| Total Net Assets Fund Balance | $16,315,559 | $16,260,960 | ▼ $54,599 |
| Total Liabilities and Net Assets / Fund Balance | $18,012,788 | $17,682,658 | ▼ $330,130 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $557,568 | - | $557,568 |
| Equipment | $155,896 | $93,192 | $249,088 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Frank Zukas | President & CEO | PT | $140,332 | $39,630 | $179,962 |
| Brian Hansbury | Vice Pres.-marketing | FT | $53,817 | $7,294 | $61,111 |
| Letitia Resier | Asst Secretary | FT | $40,267 | $13,854 | $54,121 |
| Gerald Heffner | Vice Pres. Marketing | FT | $8,403 | $1,117 | $9,520 |
| Line Item | Amount |
|---|---|
| Other Expenses | $507,639 |
| Salaries, Compensation, and Employee Benefits | $314,915 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $111,025 | $123,391 | - | $234,416 |
| Occupancy | - | $45,252 | - | $45,252 |
| Other Employee Benefits | $13,661 | $16,036 | - | $29,697 |
| Depreciation Depletion | $25,728 | - | - | $25,728 |
| Insurance | $23,095 | - | - | $23,095 |
| Fees for Service Investment Mgmnt Fees | - | $21,552 | - | $21,552 |
| All Other Expenses | $6,989 | $12,625 | - | $19,614 |
| Payroll Taxes | $8,687 | $10,198 | - | $18,885 |
| Travel | $7,677 | $9,014 | - | $16,691 |
| Pension Plan Contributions | $7,416 | $8,706 | - | $16,122 |
| Advertising | $16,035 | - | - | $16,035 |
| Interest | - | $16,001 | - | $16,001 |
| Other Salaries and Wages | $3,949 | $11,846 | - | $15,795 |
| Other Expenses | $11,652 | $18,750 | - | $11,652 |
| Fees for Services Other | - | $11,512 | - | $11,512 |
| Office Expenses | - | $6,868 | - | $6,868 |
| Total Functional Expenses | $485,827 | $336,727 | $0 | $822,554 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $822,554 |
| Total Expenses per Audited Statements | $822,554 |
| Total Expenses per Form 990 | $822,554 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Joseph Schlitzer | Board Member | Sedco Insurance | No | $21,989 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Line of Credit | $238,457 |
| Deposits | $43,000 |
| Accrued Payroll Taxes | $1,717 |
“Sedco utilizes an executive committee made up of elected officers (5) and board members (15) to manage operations of the corporation. All members of the executive committee are briefed on the annual audit and form 990 receive a copy of the same for review and comment.an audit committee made up of 3 members of the executive committee meets with the corporation's auditors to review a "draft" audit report in advance of finalizing the audit. Each member of the audit committee has legal, business and financial credentials.”
“The conflict of interest policy is distributed to all members (56) of the board of directors at the annual reorganization meeting in january.”
“Sedco established a staff incentive compensation program in 1993 with the most recent modification to the program taking place in 2007. The compensation committee include 5 members including the chairman, treasurer, immediate past chairman and two executive committee members appointed by the chair. The committee follows the above referenced program in making its recommendations.”
“No documents available to the public.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 59928 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 15451 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 707931 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 376341 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | PROMOTED INDUSTRIAL DEVELOPMENT IN SCHUYLKILL COUNTY, PA THROUGH LAND DEVELOPMENT, CONTRUCTION OF SHELL BUILDINGS, LOW-INTEREST LOANS |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 16035 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 16035 |
| IRS990/AllAffiliatesIncludedInd | 0 | false |
| IRS990/AllOtherContributionsAmt | 0 | 8654 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 12625 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 6989 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 19614 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | FRANK ZUKAS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5706221943 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | ONE PROGRESS CIRCLE SUITE 200 |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | POTTSVILLE |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | PA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 17901 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 120 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 200 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 123391 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 111025 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 234416 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 274582 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 374776 |
| IRS990/CYOtherExpensesAmt | 0 | 507639 |
| IRS990/CYOtherRevenueAmt | 0 | 17067 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 101530 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -54599 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 314915 |
| IRS990/CYTotalExpensesAmt | 0 | 822554 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 767955 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 234999 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 25728 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 25728 |
| IRS990/Desc | 0 | SEDCO PROVIDED ADMINISTRATIVE SERVICES TO THE GREATER TAMAQUA INDUSTRIAL DEVELOPMENT ENTERPRISE AND THE SCHUYLKILL COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY. IN ADDITION, SEDCO CHARGES A SERVICE FEE TO COMPANIES WHO UTILIZE THE PENNSYLVANIA INDUSTRIAL DEVELOPMENT AUTHORITY LOAN PROGRAM. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 5 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountInd | 0 | false |
| IRS990/ExcessBusinessHoldingsInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 485827 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 11512 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 11512 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 21552 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 21552 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 33.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 39630 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 13854 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 1117 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 7294 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | FRANK ZUKAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | LETITIA RESIER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | GERALD HEFFNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | BRIAN HANSBURY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 140332 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 40267 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 8403 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 53817 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President & CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | ASST SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE PRES. MARKETING |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE PRES.-MARKETING |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/Form990TFiledInd | 0 | false |
| IRS990/FormationYr | 0 | 1952 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 57 |
| IRS990/GovernmentGrantsAmt | 0 | 265928 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 767955 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 56 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 23095 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 23095 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 16001 |
| IRS990/InterestGrp/TotalAmt | 0 | 16001 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 10327323 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 10478026 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 374776 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 374776 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 3858209 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 3503684 |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 6 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 93192 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 46070 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 713464 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 806656 |
| IRS990/LegalDomicileStateCd | 0 | PA |
| IRS990/LicensedMoreThanOneStateInd | 0 | false |
| IRS990/LoanOutstandingInd | 0 | true |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | PROMOTED INDUSTRIAL DEVELOPMENT IN SCHUYLKILL COUNTY, PA THROUGH LAND DEVELOPMENT, CONTRUCTION OF SHELL BUILDINGS, LOW-INTEREST LOANS |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1123073 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1123073 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 16315559 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 16260960 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 45252 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 45252 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 6868 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 6868 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OrgFiledInLieuOfForm1041Ind | 0 | false |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 259798 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 16036 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 13661 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 29697 |
| IRS990/OtherExpensesGrp/Desc | 0 | GRANT EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | REAL ESTATE TAXES |
| IRS990/OtherExpensesGrp/Desc | 2 | CONTRIBUTIONS |
| IRS990/OtherExpensesGrp/Desc | 3 | PROPERTY MAINTENANCE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 24976 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 18750 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 249913 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 11652 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 249913 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 24976 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 18750 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 11652 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 279229 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 283174 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISC OPERATING INCOME |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 17067 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 17067 |
| IRS990/OtherRevenueTotalAmt | 0 | 17067 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 11846 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 3949 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 15795 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 2422716 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 2009066 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 10198 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 8687 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 18885 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 8706 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 7416 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 16122 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 561499 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | SERVICE & ADMIN FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 101530 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 101530 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 105003 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 382060 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 310742 |
| IRS990/PYOtherRevenueAmt | 0 | 86248 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 80636 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 33226 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 309979 |
| IRS990/PYTotalExpensesAmt | 0 | 620721 |
| IRS990/PYTotalRevenueAmt | 0 | 653947 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -54599 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 69122 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 390621 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 601877 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 155896 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 93192 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 249088 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 822554 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 557568 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 557568 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 1717 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 43000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 238457 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ACCRUED PAYROLL TAXES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | LINE OF CREDIT |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 767955 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 713464 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 822554 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 283174 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 767955 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 767955 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 822554 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | false |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | false |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | false |
| IRS990ScheduleJ/RebuttablePresumptionProcInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 140332 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 39630 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | FRANK ZUKAS |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | President & CEO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 179962 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | JOSEPH SCHLITZER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | BOARD MEMBER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 21989 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | SEDCO INSURANCE |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 468544 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 632088 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | JIM MILLER - BUSINESS LOAN |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | true |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 468544 |
| IRS990/ScheduleORequiredInd | 0 | false |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | SEDCO UTILIZES AN EXECUTIVE COMMITTEE MADE UP OF ELECTED OFFICERS (5) AND BOARD MEMBERS (15) TO MANAGE OPERATIONS OF THE CORPORATION. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE BRIEFED ON THE ANNUAL AUDIT AND FORM 990 RECEIVE A COPY OF THE SAME FOR REVIEW AND COMMENT.AN AUDIT COMMITTEE MADE UP OF 3 MEMBERS OF THE EXECUTIVE COMMITTEE MEETS WITH THE CORPORATION'S AUDITORS TO REVIEW A "DRAFT" AUDIT REPORT IN ADVANCE OF FINALIZING THE AUDIT. EACH MEMBER OF THE AUDIT COMMITTEE HAS LEGAL, BUSINESS AND FINANCIAL CREDENTIALS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL MEMBERS (56) OF THE BOARD OF DIRECTORS AT THE ANNUAL REORGANIZATION MEETING IN JANUARY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SEDCO ESTABLISHED A STAFF INCENTIVE COMPENSATION PROGRAM IN 1993 WITH THE MOST RECENT MODIFICATION TO THE PROGRAM TAKING PLACE IN 2007. THE COMPENSATION COMMITTEE INCLUDE 5 MEMBERS INCLUDING THE CHAIRMAN, TREASURER, IMMEDIATE PAST CHAIRMAN AND TWO EXECUTIVE COMMITTEE MEMBERS APPOINTED BY THE CHAIR. THE COMMITTEE FOLLOWS THE ABOVE REFERENCED PROGRAM IN MAKING ITS RECOMMENDATIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | No documents available to the public. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxableDistributionsInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 18012788 |
| IRS990/TotalAssetsEOYAmt | 0 | 17682658 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 18012788 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 17682658 |
| IRS990/TotalCompGreaterThan150KInd | 0 | true |
| IRS990/TotalContributionsAmt | 0 | 274582 |
| IRS990/TotalEmployeeCnt | 0 | 5 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 336727 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 485827 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 822554 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1697229 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1421698 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1697229 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1421698 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 16315559 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 16260960 |
| IRS990/TotalOtherCompensationAmt | 0 | 61895 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 485827 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 101530 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 242819 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 17067 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 476306 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 767955 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 18012788 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 17682658 |
| IRS990/TransactionWithControlEntInd | 0 | false |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 9014 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 7677 |
| IRS990/TravelGrp/TotalAmt | 0 | 16691 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 16315559 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 16260960 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 57 |
| IRS990/VotingMembersIndependentCnt | 0 | 56 |
| IRS990/WebsiteAddressTxt | 0 | WWW.SED-CO.COM |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | FRANK ZUKAS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President & CEO |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | SCHUYLKILL ECONOMIC DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2 | 0 | CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SCHU |
| ReturnHeader/Filer/EIN | 0 | 231412034 |
| ReturnHeader/Filer/PhoneNum | 0 | 5706221943 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | UNION STATION - ONE PROGRESS CIRCLE |
| ReturnHeader/Filer/USAddress/City | 0 | POTTSVILLE |
| ReturnHeader/Filer/USAddress/State | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 17901 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | Jones & CoPC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 110 N 2nd St |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | Pottsville |
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Displayed year
2013 • Form 990Detailed filing. Detailed filing data is available for this year.