Civic Intelligence

Schuylkill Economic Development Corporation

990 • Fiscal year 2020 • EIN 23-1412034

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 09, 2021

Organization ProfileWWW.SED-CO.COM

View Organization Page

Union Station - One Progress CirclePottsville, PA 17901

(570) 622-1943

Siviq Scores

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

Liabilities / Assets

61st percentile

0.28x

Higher debt load relative to assets than 61% of similar nonprofits.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

10.66x

Higher debt load relative to revenue than 93% of similar nonprofits.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2020

Net Margin

23rd percentile

-1.5%

Higher net margin than 23% of similar nonprofits.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

68th percentile

$222,449

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 34.0% of source-year revenue.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2020

Asset Growth

61st percentile

8.2%

Faster asset growth than 61% of similar nonprofits.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2018 to 2020

Revenue Growth

30th percentile

-8.7%

Faster revenue growth than 30% of similar nonprofits.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2018 to 2020

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$24,936,172

Up $3,648,491 (+17%) from 2018

Net Assets

Up

$17,968,719

Up $1,288,799 (+7.7%) from 2018

Liabilities

Up

$6,967,453

Up $2,359,692 (+51%) from 2018

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin23rd percentile

Revenue

Down

$653,891

Down $130,929 (-17%) from 2018

Expenses

Down

$663,565

Down $59,741 (-8.3%) from 2018

Net Income

Down

-$9,674

Down $71,188 (-116%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$30M$20M$10M$0Assets 2010: $18,061,177Liabilities 2010: $1,595,143Net Assets 2010: $16,466,0342010Assets 2011: $17,881,826Liabilities 2011: $1,599,493Net Assets 2011: $16,282,3332011Assets 2012: $18,012,788Liabilities 2012: $1,697,229Net Assets 2012: $16,315,5592012Assets 2013: $17,682,658Liabilities 2013: $1,421,698Net Assets 2013: $16,260,9602013Assets 2014: $17,179,290Liabilities 2014: $1,293,983Net Assets 2014: $15,885,3072014Assets 2015: $17,721,182Liabilities 2015: $1,747,171Net Assets 2015: $15,974,0112015Assets 2016: $17,215,534Liabilities 2016: $1,363,153Net Assets 2016: $15,852,3812016Assets 2017: $17,648,006Liabilities 2017: $1,345,509Net Assets 2017: $16,302,4972017Assets 2018: $21,287,681Liabilities 2018: $4,607,761Net Assets 2018: $16,679,9202018Assets 2020: $24,936,172Liabilities 2020: $6,967,453Net Assets 2020: $17,968,7192020Assets 2021: $20,135,730Liabilities 2021: $1,039,111Net Assets 2021: $19,096,6192021Assets 2022: $18,989,230Liabilities 2022: $1,379,523Net Assets 2022: $17,609,7072022Assets 2023: $19,995,725Liabilities 2023: $1,743,449Net Assets 2023: $18,252,2762023Assets 2024: $20,731,906Liabilities 2024: $2,008,429Net Assets 2024: $18,723,4772024

Highlighted filing

2020

Assets$24,936,172
Liabilities$6,967,453
Net Assets$17,968,719
Open 2020 Filing

Operations Trend

Revenue Growth30th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $873,1732010Expenses 2011: $1,016,5862011Expenses 2012: $620,7212012Revenue 2013: $767,955Expenses 2013: $822,554Net Income 2013: -$54,5992013Revenue 2014: $504,508Expenses 2014: $880,161Net Income 2014: -$375,6532014Revenue 2015: $335,074Expenses 2015: $621,129Net Income 2015: -$286,0552015Revenue 2016: $499,520Expenses 2016: $624,984Net Income 2016: -$125,4642016Revenue 2017: $842,643Expenses 2017: $629,092Net Income 2017: $213,5512017Revenue 2018: $784,820Expenses 2018: $723,306Net Income 2018: $61,5142018Revenue 2020: $653,891Expenses 2020: $663,565Net Income 2020: -$9,6742020Revenue 2021: $1,700,806Expenses 2021: $671,393Net Income 2021: $1,029,4132021Revenue 2022: $581,326Expenses 2022: $712,943Net Income 2022: -$131,6172022Revenue 2023: $639,525Expenses 2023: $892,122Net Income 2023: -$252,5972023Revenue 2024: $706,258Expenses 2024: $887,704Net Income 2024: -$181,4462024

Highlighted filing

2020

Revenue$653,891
Expenses$663,565
Net Income-$9,674
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 9, 2021
Return Version
2020v4.0
Gross Receipts
$653,891
Mission and Program Overview

Mission

Promoted industrial development in schuylkill county, pa through land development, contruction of shell buildings, low-interest loans

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$16,401,139$16,863,913▲ $462,774
Investments in Publicly Traded Securities$5,909,061$6,718,092▲ $809,031
Savings and Temporary Cash Investments$436,532$767,849▲ $331,317
Land, Buildings, and Equipment, Net$548,601$513,049▼ $35,552
Accounts Receivable$95,045$59,684▼ $35,361
Other Notes and Loans Receivable, Net$574,443$13,385▼ $561,058
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$23,965,021$24,936,172▲ $971,151
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,445,303$5,617,479▲ $172,176
Unsecured Notes Loans Payable$1,013,337$1,028,199▲ $14,862
Accounts Payable and Accrued Expenses$101,395$320,989▲ $219,594
Deferred Revenue$1,259--
Other Liabilities$2,008$786▼ $1,222
Total Liabilities$6,563,302$6,967,453▲ $404,151
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,401,719$17,968,719▲ $567,000
Total Net Assets Fund Balance$17,401,719$17,968,719▲ $567,000
Total Liabilities and Net Assets / Fund Balance$23,965,021$24,936,172▲ $971,151

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$450,701$106,867$557,568
Other Land Buildings$42,632$136,275$178,907
Equipment$19,716$62,265$81,981
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Frank ZukasPresident & CEOFT$186,890$35,559$222,449
Letitia ResierAsst SecretaryFT$64,234$22,519$86,753
Brian HansburyVice Pres. MarketingFT$25,962$4,538$30,500
Revenue and Support

Revenue Composition

Contributions and Grants
$128,195
Program Service Revenue
$116,294
Investment Income
$391,013
Other Revenue
$18,389
Change in Net Assets
$-9,674

Audited Revenue Reconciliation

Revenue per Audited Statements
$653,891
Revenue Not Reported on Form 990
$576,674
Total Revenue per Audited Statements
$1,230,565
Total Revenue per Form 990
$653,891
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$336,116
Other Expenses$327,449
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$113,242$137,882-$251,124
Occupancy-$104,297-$104,297
Depreciation Depletion-$35,552-$35,552
Fees for Service Investment Mgmnt Fees-$29,706-$29,706
Other Salaries and Wages$13,500$12,462-$25,962
Other Employee Benefits$10,568$12,407-$22,975
Insurance$22,213--$22,213
Payroll Taxes$8,472$9,945-$18,417
Pension Plan Contributions$8,113$9,525-$17,638
Fees for Services Accounting-$16,200-$16,200
All Other Expenses$7,959$6,755-$14,714
Fees for Services Other-$9,922-$9,922
Advertising$8,211--$8,211
Office Expenses-$7,258-$7,258
Other Expenses$7,842$6,593-$6,593
Travel$2,004$2,352-$4,356
Interest-$1,727-$1,727
Fees for Services Legal-$800-$800
Total Functional Expenses$229,902$433,663$0$663,565

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$663,565
Total Expenses per Audited Statements$663,565
Total Expenses per Form 990$663,565
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Kirk FanelliBoard MemberConstruction ContractNo$1,228,432

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll Taxes$786
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

“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.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The conflict of interest policy is distributed to all members (56) of the board of directors at the annual reorganization meeting in january.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“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.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Schuylkill Economic Development
EIN
23-1412034
Phone
5706221943
Address
UNION STATION - ONE PROGRESS CIRCLE, POTTSVILLE, PA 17901

Signing Officer

Name
Frank Zukas
Title
President & CEO
Signed
2021-08-09
Discuss with paid preparer
Yes

Organization Details

Formed
1952
Legal Domicile
Pa
Voting Board Members
64
Independent Board Members
64
Employees
3

Preparer

Firm
Jones & CoPC
Address
110 N 2nd St, Pottsville, PA 17901
Preparer
Richard PitcavageCPA
Phone
5706225010
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IRS990/PensionPlanContributionsGrp/TotalAmt017638
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/BusinessCd1561499
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCME EXEMPT PURPS
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE & ADMIN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt059535
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt156759
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt059535
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt156759
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01431871
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0266714
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01593671
IRS990/PYOtherRevenueAmt015669
IRS990/PYProgramServiceRevenueAmt0304912
IRS990/PYRevenuesLessExpensesAmt06955
IRS990/PYSalariesCompEmpBnftPaidAmt0418540
IRS990/PYTotalExpensesAmt02012211
IRS990/PYTotalRevenueAmt02019166
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-9674
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0436532
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0767849
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt019716
IRS990ScheduleD/EquipmentGrp/DepreciationAmt062265
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt081981
IRS990ScheduleD/ExpensesSubtotalAmt0663565
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0450701
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0106867
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0557568
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0576674
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt042632
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0136275
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0178907
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0786
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL TAXES
IRS990ScheduleD/RevenueNotReportedAmt0576674
IRS990ScheduleD/RevenueSubtotalAmt0653891
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0513049
IRS990ScheduleD/TotalExpensesPerForm990Amt0663565
IRS990ScheduleD/TotalLiabilityAmt0786
IRS990ScheduleD/TotalRevenuePerForm990Amt0653891
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01230565
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0663565
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0186890
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt035559
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0FRANK ZUKAS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0222449
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0KIRK FANELLI
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01228432
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CONSTRUCTION CONTRACT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0632088
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JIM MILLER - BUSINESS LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SEDCO 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/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL MEMBERS (56) OF THE BOARD OF DIRECTORS AT THE ANNUAL REORGANIZATION MEETING IN JANUARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SEDCO 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/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt023965021
IRS990/TotalAssetsEOYAmt024936172
IRS990/TotalAssetsGrp/BOYAmt023965021
IRS990/TotalAssetsGrp/EOYAmt024936172
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0128195
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0433663
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0229902
IRS990/TotalFunctionalExpensesGrp/TotalAmt0663565
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06563302
IRS990/TotalLiabilitiesEOYAmt06967453
IRS990/TotalLiabilitiesGrp/BOYAmt06563302
IRS990/TotalLiabilitiesGrp/EOYAmt06967453
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt017401719
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt017968719
IRS990/TotalOtherCompensationAmt062616
IRS990/TotalProgramServiceExpensesAmt0229902
IRS990/TotalProgramServiceRevenueAmt0116294
IRS990/TotalReportableCompFromOrgAmt0277086
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0525696
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0653891
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt023965021
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt024936172
IRS990/TravelGrp/ManagementAndGeneralAmt02352
IRS990/TravelGrp/ProgramServicesAmt02004
IRS990/TravelGrp/TotalAmt04356
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01013337
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01028199
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0UNION STATION - ONE PROGRESS CIRCLE
IRS990/USAddress/CityNm0POTTSVILLE
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd017901
IRS990/VotingMembersGoverningBodyCnt064
IRS990/VotingMembersIndependentCnt064
IRS990/WebsiteAddressTxt0WWW.SED-CO.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANK ZUKAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCHUYLKILL ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0SCHU
ReturnHeader/Filer/EIN0231412034
ReturnHeader/Filer/PhoneNum05706221943
ReturnHeader/Filer/USAddress/AddressLine1Txt0UNION STATION - ONE PROGRESS CIRCLE
ReturnHeader/Filer/USAddress/CityNm0POTTSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd017901
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232746883
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Jones & CoPC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 N 2nd St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Pottsville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd017901
ReturnHeader/PreparerPersonGrp/PhoneNum05706225010
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Richard PitcavageCPA
ReturnHeader/ReturnTs02021-08-09T08:51:33-07:00
ReturnHeader/ReturnTypeCd0990

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,936,172
Liabilities
$6,967,453
Net assets
$17,968,719
Revenue
$653,891
Expenses
$663,565
Net income
-$9,674
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.7$2.01$18.7$0.71$0.89$0.18
2023Detailed filing. Detailed filing data is available for this year.$20.0$1.74$18.3$0.64$0.89$0.25
2022Detailed filing. Detailed filing data is available for this year.$19.0$1.38$17.6$0.58$0.71$0.13
2021Detailed filing. Detailed filing data is available for this year.$20.1$1.04$19.1$1.70$0.67$1.03
2020Detailed filing. Detailed filing data is available for this year.$24.9$6.97$18.0$0.65$0.66$0.01
2018Detailed filing. Detailed filing data is available for this year.$21.3$4.61$16.7$0.78$0.72$0.06
2017Detailed filing. Detailed filing data is available for this year.$17.6$1.35$16.3$0.84$0.63$0.21
2016Detailed filing. Detailed filing data is available for this year.$17.2$1.36$15.9$0.50$0.62$0.13
2015Detailed filing. Detailed filing data is available for this year.$17.7$1.75$16.0$0.34$0.62$0.29
2014Detailed filing. Detailed filing data is available for this year.$17.2$1.29$15.9$0.50$0.88$0.38
2013Detailed filing. Detailed filing data is available for this year.$17.7$1.42$16.3$0.77$0.82$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$1.70$16.3$0.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.9$1.60$16.3$1.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.1$1.60$16.5$0.87