Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
EIN 23-1524674 • 501(c)4 • Doylestown, PA
Profile
The mission of the bucks county economic development corporation (bcedc) is to create a strong and vital economic base through the preservation and creation of job opportunities for bucks county residents. The bcedc assists companies with start up, expansion and/or relocation planning by providing long-term, low interest loans for land, buildings, machinery and equipment. Various programs are combined to create innovative financing alternatives at lower than conventional rates. Incentives to expand in bucks county include low interest loan through the county, the commonwealth of pennsylvania and us small business administration.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
7th percentile
Higher net margin than 7% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
11th percentile
Faster asset growth than 11% of similar nonprofits.
Revenue Growth
45th percentile
Faster revenue growth than 45% of similar nonprofits.
Assets
Up$8,577,196
Up $520,439 (+6.5%) from 2023
Liabilities
Up$3,230,562
Up $805,846 (+33%) from 2023
Net Assets
Down$5,346,634
Down $285,407 (-5.1%) from 2023
Revenue
Down$423,827
Down $84,969 (-17%) from 2023
Expenses
Up$709,234
Up $13,851 (+2.0%) from 2023
Net Income
Down-$285,407
Down $98,820 (-53%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The mission of the bucks county economic development corporation (bcedc) is to create a strong and vital economic base through the preservation and creation of job opportunities for bucks county residents. The bcedc assists companies with start up, expansion and/or relocation planning by providing long-term, low interest loans for land, buildings, machinery and equipment. Various programs are combined to create innovative financing alternatives at lower than conventional rates. Incentives to expand in bucks county include low interest loan through the county, the commonwealth of pennsylvania and us small business administration.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $4,430,939 | $4,388,325 | ▼ $42,614 |
| Other Notes and Loans Receivable, Net | $1,549,860 | $1,249,476 | ▼ $300,384 |
| Prepaid Expenses and Deferred Charges | $19,720 | $20,412 | ▲ $692 |
| Land, Buildings, and Equipment, Net | $997 | $237 | ▼ $760 |
| Total Assets | $8,056,757 | $8,577,196 | ▲ $520,439 |
| Other Assets Total | $2,055,241 | $2,918,746 | ▲ $863,505 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,951,846 | $2,866,614 | ▲ $914,768 |
| Unsecured Notes Loans Payable | $278,889 | $284,516 | ▲ $5,627 |
| Other Liabilities | $104,327 | $53,728 | ▼ $50,599 |
| Accounts Payable and Accrued Expenses | $86,126 | $23,163 | ▼ $62,963 |
| Deferred Revenue | $3,528 | $2,541 | ▼ $987 |
| Total Liabilities | $2,424,716 | $3,230,562 | ▲ $805,846 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $5,632,041 | $5,346,634 | ▼ $285,407 |
| Total Net Assets Fund Balance | $5,632,041 | $5,346,634 | ▼ $285,407 |
| Total Liabilities and Net Assets / Fund Balance | $8,056,757 | $8,577,196 | ▲ $520,439 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $237 | $18,408 | $18,645 |
| Other Land Buildings | - | $14,174 | $14,174 |
| Other Assets Org | $52,132 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Robert F Cormack | Executive Di | FT | $204,744 | $10,157 | $214,901 |
| Robert F Cormack | Executive Direc | - | $204,744 | $10,157 | $214,901 |
| Jim Pawlikowski | Key Employee | FT | $130,790 | $6,228 | $137,018 |
| Name | Title |
|---|---|
| James Bleakly | President |
| Christopher Goshall | Director |
| Dan E Hines | Director |
| David R Breidinger | Director |
| Ed Lydon | Director |
| George Niblock | Director |
| Gregory F Krug | Director |
| Mat Zoglio | Director |
| Michael Borski Sr | Director |
| Richard B Millham Sr | Director |
| Sherri Schulz | Director |
| Tom Krol | Director |
| Michael Tur | Asst. Treasu |
| Gerald C Forest | Member at La |
| Robert Steinhart | Member at La |
| Phil Eastman | Secretary |
| Thomas Keiser | Treasurer/as |
| Robert Latronica | Vice Preside |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $550,810 |
| Other Expenses | $158,424 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $146,178 | $91,896 | - | $238,074 |
| Current Officers, Directors, Trustees, and Key Employees | $171,921 | $42,980 | - | $214,901 |
| Occupancy | $45,672 | $24,373 | - | $70,045 |
| Other Employee Benefits | $37,827 | $16,211 | - | $54,038 |
| Payroll Taxes | $22,382 | $9,593 | - | $31,975 |
| Insurance | $15,301 | $6,557 | - | $21,858 |
| Fees for Services Legal | $15,000 | - | - | $15,000 |
| Office Expenses | $8,020 | $4,297 | - | $12,317 |
| Pension Plan Contributions | $7,259 | $4,563 | - | $11,822 |
| Fees for Services Accounting | $1,450 | $7,050 | - | $8,500 |
| Interest | $5,627 | - | - | $5,627 |
| Information Technology | $1,574 | $3,688 | - | $5,262 |
| Travel | $3,646 | $910 | - | $4,556 |
| Advertising | - | $2,539 | - | $2,539 |
| Fees for Services Other | - | $1,904 | - | $1,904 |
| Depreciation Depletion | - | $760 | - | $760 |
| Conferences and Meetings | $434 | $261 | - | $695 |
| Other Expenses | $179 | $416 | - | $595 |
| Total Functional Expenses | $491,236 | $217,998 | $0 | $709,234 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $709,234 |
| Expenses per Audited Statements | $704,134 |
| Total Expenses per Audited Statements | $704,134 |
| Expenses Not Reported on Financial Statements | $5,100 |
| Other Expense Adjustments | $5,100 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Lease Liability | $53,728 |
“There is one class of members.”
“Members elect the board annually.”
“The 990 is provided first to the audit committee for review and approval. The audit committee then recommends approval to the full board.”
“Reviewed at annual meeting.”
“Compensation is reviewed annually by the executive committee with proposals to the board regarding compensation for the executive director.”
“No documents available to the public.”
“The mission of the bucks county economic development corporation (bcedc) is to create a strong and vital economic base through the preservation and creation of job opportunities for bucks county residents. The bcedc assists companies with start up, expansion and/or relocation planning by providing long-term, low interest loans for land, buildings, machinery and equipment. Various programs are combined to create innovative financing alternatives at lower than conventional rates. Incentives to expand in bucks county include low interest loan through the county, the commonwealth of pennsylvania and us small business administration.”
“Annual dinner expenses -5,100”
“Annual dinner expenses 5,100”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 23163 |
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| IRS990/ActivityOrMissionDesc | 0 | THE MISSION OF THE BUCKS COUNTY ECONOMIC DEVELOPMENT CORPORATION (BCEDC) IS TO CREATE A STRONG AND VITAL ECONOMIC BASE THROUGH THE PRESERVATION AND CREATION OF JOB OPPORTUNITIES FOR BUCKS COUNTY RESIDENTS. THE BCEDC ASSISTS COMPANIES WITH START UP, EXPANSION AND/OR RELOCATION PLANNING BY PROVIDING LONG-TERM, LOW INTEREST LOANS FOR LAND, BUILDINGS, MACHINERY AND EQUIPMENT. VARIOUS PROGRAMS ARE COMBINED TO CREATE INNOVATIVE FINANCING ALTERNATIVES AT LOWER THAN CONVENTIONAL RATES. INCENTIVES TO EXPAND IN BUCKS COUNTY INCLUDE LOW INTEREST LOAN THROUGH THE COUNTY, THE COMMONWEALTH OF PENNSYLVANIA AND US SMALL BUSINESS ADMINISTRATION. |
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| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | DOYLESTOWN |
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| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 695 |
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| IRS990/CYProgramServiceRevenueAmt | 0 | 182958 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -285407 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 550810 |
| IRS990/CYTotalExpensesAmt | 0 | 709234 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 423827 |
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| IRS990/DeductibleNonCashContriInd | 0 | false |
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| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 2541 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 760 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 760 |
| IRS990/Desc | 0 | CORPORATION PROVIDES LOW COST LOANS TO COMMERCIAL AND NON-COMMERCIAL ENTITIES FUNDED BY THE PENNSYLVANIA INDUSTRIAL DEVELOPMENT AUTHORITY OR OTHER LENDERS IN ORDER TO STIMULATE THE LOCAL ECONOMY. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 4 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 491236 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 7050 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 1450 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 8500 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 15000 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 15000 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 1904 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1904 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 10157 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 6228 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ROBERT F CORMACK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JIM PAWLIKOWSKI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JAMES BLEAKLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DAVID R BREIDINGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | PHIL EASTMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | GERALD C FOREST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | CHRISTOPHER GOSHALL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DAN E HINES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | THOMAS KEISER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | TOM KROL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | GREGORY F KRUG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | ROBERT LATRONICA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | ED LYDON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | GEORGE NIBLOCK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | SHERRI SCHULZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | MICHAEL BORSKI SR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | RICHARD B MILLHAM SR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | ROBERT STEINHART |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | MICHAEL TUR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | MAT ZOGLIO |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | EXECUTIVE DI |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | KEY EMPLOYEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | MEMBER AT LA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TREASURER/AS |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | MEMBER AT LA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | ASST. TREASU |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1958 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 18 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 423827 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 18 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 3688 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 1574 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 5262 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 6557 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 15301 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 21858 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 5627 |
| IRS990/InterestGrp/TotalAmt | 0 | 5627 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 212596 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 212596 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
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| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 997 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 237 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 32819 |
| IRS990/LegalDomicileStateCd | 0 | PA |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE MISSION OF THE BUCKS COUNTY ECONOMIC DEVELOPMENT CORPORATION (BCEDC) IS TO CREATE A STRONG AND VITAL ECONOMIC BASE THROUGH THE PRESERVATION AND CREATION OF JOB OPPORTUNITIES FOR BUCKS COUNTY RESIDENTS. THE BCEDC ASSISTS COMPANIES WITH START UP, EXPANSION AND/OR RELOCATION PLANNING BY PROVIDING LONG-TERM, LOW INTEREST LOANS FOR LAND, BUILDINGS, MACHINERY AND EQUIPMENT. VARIOUS PROGRAMS ARE COMBINED TO CREATE INNOVATIVE FINANCING ALTERNATIVES AT LOWER THAN CONVENTIONAL RATES. INCENTIVES TO EXPAND IN BUCKS COUNTY INCLUDE LOW INTEREST LOAN THROUGH THE COUNTY, THE COMMONWEALTH OF PENNSYLVANIA AND US SMALL BUSINESS ADMINISTRATION. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
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| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 2866614 |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 5346634 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 5632041 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 5346634 |
| IRS990/NondeductibleContributionsInd | 0 | false |
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| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 45672 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 70045 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 4297 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 8020 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 12317 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 2055241 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 2918746 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 16211 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 37827 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 54038 |
| IRS990/OtherExpensesGrp/Desc | 0 | ANNUAL ORGANIZATION DINNE |
| IRS990/OtherExpensesGrp/Desc | 1 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 416 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 8766 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 179 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 8766 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 595 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 104327 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 53728 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 900099 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 2 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | ANNUAL ORGANIZATION DINNER |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | TERMINATION FEES |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | LATE FEES |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 26200 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 1750 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 2 | 323 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 26200 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 1750 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | 323 |
| IRS990/OtherRevenueTotalAmt | 0 | 28273 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 91896 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 146178 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 238074 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 1549860 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 1249476 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 9593 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 22382 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 31975 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 4563 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 7259 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 11822 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 19720 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 20412 |
| IRS990/PrincipalOfficerNm | 0 | ROBERT F CORMACK |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522292 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522292 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 522292 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 522292 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 522292 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | REFERRAL FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | LOAN INTEREST |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | SERVICE FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | APPLICATION FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | MEMBERSHIP FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 91773 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 64415 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 12520 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 6000 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 5600 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 91773 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 64415 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 12520 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 6000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 5600 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 196902 |
| IRS990/PYOtherExpensesAmt | 0 | 175718 |
| IRS990/PYOtherRevenueAmt | 0 | 29942 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 281952 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -186587 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 519665 |
| IRS990/PYTotalExpensesAmt | 0 | 695383 |
| IRS990/PYTotalRevenueAmt | 0 | 508796 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -285407 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 182958 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 4430939 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 4388325 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 237 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 18408 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 18645 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 5100 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 704134 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 2866614 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 52132 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | INVESTMENT IN LEASE AGREEMENTS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | RIGHT OF USE |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 5100 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 14174 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 14174 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 53728 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | LEASE LIABILITY |
| IRS990ScheduleD/OtherRevenueAmt | 0 | -5100 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | -5100 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 423827 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | ANNUAL DINNER EXPENSES -5,100 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | ANNUAL DINNER EXPENSES 5,100 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 4, PART XI, LINE 2D |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 4, PART XII, LINE 4B |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 237 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 2918746 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 709234 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 53728 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 423827 |
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