Liabilities / Assets
54th percentile
Higher debt load relative to assets than 54% of similar nonprofits.
990 • Fiscal year 2018 • EIN 23-1412034
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
54th percentile
Higher debt load relative to assets than 54% of similar nonprofits.
Liabilities / Revenue
84th percentile
Higher debt load relative to revenue than 84% of similar nonprofits.
Net Margin
49th percentile
Higher net margin than 49% of similar nonprofits.
Top Officer Pay
69th percentile
Higher top officer pay than 69% of similar nonprofits.
Top officer pay equals 28.8% of source-year revenue.
Asset Growth
84th percentile
Faster asset growth than 84% of similar nonprofits.
Revenue Growth
19th percentile
Faster revenue growth than 19% of similar nonprofits.
Assets
Up$21,287,681
Up $3,639,675 (+21%) from 2017
Net Assets
Up$16,679,920
Up $377,423 (+2.3%) from 2017
Liabilities
Up$4,607,761
Up $3,262,252 (+242%) from 2017
Revenue
Down$784,820
Down $57,823 (-6.9%) from 2017
Expenses
Up$723,306
Up $94,214 (+15%) from 2017
Net Income
Down$61,514
Down $152,037 (-71%) from 2017
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 | $10,490,938 | $14,216,083 | ▲ $3,725,145 |
| Investments in Publicly Traded Securities | $4,486,188 | $5,025,918 | ▲ $539,730 |
| Other Notes and Loans Receivable, Net | $1,284,734 | $1,060,020 | ▼ $224,714 |
| Land, Buildings, and Equipment, Net | $610,397 | $575,670 | ▼ $34,727 |
| Savings and Temporary Cash Investments | $774,851 | $404,783 | ▼ $370,068 |
| Accounts Receivable | $698 | $5,007 | ▲ $4,309 |
| Cash and Non-Interest-Bearing Accounts | $200 | $200 | → $0 |
| 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 | $17,648,006 | $21,287,681 | ▲ $3,639,675 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | - | $2,243,107 | - |
| Unsecured Notes Loans Payable | $1,335,987 | $1,253,737 | ▼ $82,250 |
| Accounts Payable and Accrued Expenses | $5,281 | $1,106,174 | ▲ $1,100,893 |
| Other Liabilities | $4,241 | $4,743 | ▲ $502 |
| Total Liabilities | $1,345,509 | $4,607,761 | ▲ $3,262,252 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $16,302,497 | $16,679,920 | ▲ $377,423 |
| Total Net Assets Fund Balance | $16,302,497 | $16,679,920 | ▲ $377,423 |
| Total Liabilities and Net Assets / Fund Balance | $17,648,006 | $21,287,681 | ▲ $3,639,675 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $478,579 | $78,989 | $557,568 |
| Other Land Buildings | $65,835 | $104,815 | $170,650 |
| Equipment | $31,256 | $50,725 | $81,981 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Frank Zukas | President & CEO | FT | $178,939 | $47,171 | $226,110 |
| Brian Hansbury | Vice Pres. Marketing | FT | $109,455 | $15,546 | $125,001 |
| Letitia Resier | Asst Secretary | FT | $59,915 | $20,301 | $80,216 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $437,499 |
| Other Expenses | $285,807 |
| 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 | $108,212 | $130,997 | - | $239,209 |
| Other Salaries and Wages | $56,917 | $52,538 | - | $109,455 |
| Occupancy | - | $58,074 | - | $58,074 |
| Other Employee Benefits | $20,001 | $23,479 | - | $43,480 |
| Depreciation Depletion | - | $34,727 | - | $34,727 |
| Fees for Service Investment Mgmnt Fees | - | $27,693 | - | $27,693 |
| Payroll Taxes | $10,821 | $12,703 | - | $23,524 |
| All Other Expenses | $4,843 | $17,098 | - | $21,941 |
| Pension Plan Contributions | $10,042 | $11,789 | - | $21,831 |
| Advertising | $20,608 | - | - | $20,608 |
| Fees for Services Accounting | - | $19,202 | - | $19,202 |
| Insurance | $18,794 | - | - | $18,794 |
| Travel | $5,239 | $6,151 | - | $11,390 |
| Other Expenses | $13,785 | $9,762 | - | $9,762 |
| Office Expenses | - | $7,163 | - | $7,163 |
| Fees for Services Other | - | $190 | - | $190 |
| Total Functional Expenses | $311,740 | $411,566 | $0 | $723,306 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $723,306 |
| Total Expenses per Audited Statements | $723,306 |
| Total Expenses per Form 990 | $723,306 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Accrued Payroll Taxes | $4,743 |
“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 2013. 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.”
“Merger of tide into sedco = $843655”
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 | 5281 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 1106174 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 698 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 5007 |
| 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 | 20608 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 20608 |
| IRS990/AllAffiliatesIncludedInd | 0 | false |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 17098 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 4843 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 21941 |
| 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/AddressLine1Txt | 0 | ONE PROGRESS CIRCLE SUITE 200 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | POTTSVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 17901 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 200 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 200 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 130997 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 108212 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 239209 |
| 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 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 292013 |
| IRS990/CYOtherExpensesAmt | 0 | 285807 |
| IRS990/CYOtherRevenueAmt | 0 | 18294 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 474513 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 61514 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 437499 |
| IRS990/CYTotalExpensesAmt | 0 | 723306 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 784820 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 34727 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 34727 |
| 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 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 311740 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 19202 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 19202 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 190 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 190 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 27693 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 27693 |
| 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/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 47171 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 20301 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 15546 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | FRANK ZUKAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | LETITIA RESIER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | BRIAN HANSBURY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 178939 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 59915 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 109455 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President & CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | ASST SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE PRES. MARKETING |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| 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 | 63 |
| 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 | 784820 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 63 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 18794 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 18794 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 10490938 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 14216083 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 292013 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 292013 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 4486188 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 5025918 |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 234529 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 610397 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 575670 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 810199 |
| IRS990/LegalDomicileStateCd | 0 | PA |
| IRS990/LicensedMoreThanOneStateInd | 0 | false |
| IRS990/LoanOutstandingInd | 0 | true |
| 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/EOYAmt | 0 | 2243107 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 16302497 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 16679920 |
| 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/NetUnrlzdGainsLossesInvstAmt | 0 | -527746 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 58074 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 58074 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 7163 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 7163 |
| 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/EOYAmt | 0 | 0 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 843655 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 23479 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 20001 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 43480 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROPERTY TAXES |
| IRS990/OtherExpensesGrp/Desc | 1 | LOSS ON DISPOSITION OF ASSETS |
| IRS990/OtherExpensesGrp/Desc | 2 | PROPERTY MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 3 | OTHER EXPENSE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 9762 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 25561 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 16917 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 13785 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 25561 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 16917 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 13785 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 9762 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 4241 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 4743 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISC OPERATING INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 18294 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 18294 |
| IRS990/OtherRevenueTotalAmt | 0 | 18294 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 52538 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 56917 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 109455 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 1284734 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 1060020 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 12703 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 10821 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 23524 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 11789 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 10042 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 21831 |
| 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/BusinessCd | 1 | 561499 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCME EXEMPT PURPS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | SERVICE & ADMIN FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 424370 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 50143 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 424370 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 50143 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 201551 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 253567 |
| IRS990/PYOtherRevenueAmt | 0 | 186132 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 454960 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 213551 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 375525 |
| IRS990/PYTotalExpensesAmt | 0 | 629092 |
| IRS990/PYTotalRevenueAmt | 0 | 842643 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 61514 |
| 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/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 774851 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 404783 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 31256 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 50725 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 81981 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 723306 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 478579 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 78989 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 557568 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | -527546 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 65835 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 104815 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 170650 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 4743 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ACCRUED PAYROLL TAXES |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | -527546 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 784820 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 575670 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 723306 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 4743 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 784820 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 257274 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 723306 |
| 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 | 178939 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 47171 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | FRANK ZUKAS |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | President & CEO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 226110 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| 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 |
| 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 2013. 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/ExplanationTxt | 4 | MERGER OF TIDE INTO SEDCO = $843655 |
| 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 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Changes In Net Assets Or Fund Balances - Other Increases |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 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 | 17648006 |
| IRS990/TotalAssetsEOYAmt | 0 | 21287681 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 17648006 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 21287681 |
| IRS990/TotalCompGreaterThan150KInd | 0 | true |
| IRS990/TotalContributionsAmt | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 3 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 411566 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 311740 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 723306 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1345509 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 4607761 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1345509 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 4607761 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 16302497 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 16679920 |
| IRS990/TotalOtherCompensationAmt | 0 | 83018 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 311740 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 474513 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 348309 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 784820 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 784820 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 17648006 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 21287681 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 6151 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 5239 |
| IRS990/TravelGrp/TotalAmt | 0 | 11390 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 16302497 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 16679920 |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 1335987 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 1253737 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | UNION STATION - ONE PROGRESS CIRCLE |
| IRS990/USAddress/CityNm | 0 | POTTSVILLE |
| IRS990/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990/USAddress/ZIPCd | 0 | 17901 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 63 |
| IRS990/VotingMembersIndependentCnt | 0 | 63 |
| IRS990/WebsiteAddressTxt | 0 | WWW.SED-CO.COM |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | FRANK ZUKAS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President & CEO |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-07-02 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SCHUYLKILL ECONOMIC DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SCHU |
| ReturnHeader/Filer/EIN | 0 | 231412034 |
| ReturnHeader/Filer/PhoneNum | 0 | 5706221943 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | UNION STATION - ONE PROGRESS CIRCLE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | POTTSVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 17901 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 232746883 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Jones & CoPC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 110 N 2nd St |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Pottsville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 17901 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5706225010 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Richard PitcavageCPA |
| ReturnHeader/ReturnTs | 0 | 2019-07-02T05:59:19-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.