Form 990, Page 6, Part VI, Line 6
“The sole member of the corporation is the york county economic alliance.”
990 • Fiscal year 2023 • EIN 23-1544682
Scores are not available for this record yet.
Assets
Down$4,011,144
Down $305,968 (-7.1%) from 2022
Net Assets
Down$2,502,277
Down $21,282 (-0.8%) from 2022
Liabilities
Down$1,508,867
Down $284,686 (-16%) from 2022
Revenue
Up$507,986
Up $157,807 (+45%) from 2022
Expenses
Up$529,268
Up $85,145 (+19%) from 2022
Net Income
Up-$21,282
Up $72,662 (+77%) from 2022
York county economic development corporation is engaged in the promotion of industrial and economic development throughout york county.
Promotion of industrial and economic development throughout york county.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $2,045,268 | $1,886,647 | ▼ $158,621 |
| Land, Buildings, and Equipment, Net | $1,936,595 | $1,796,148 | ▼ $140,447 |
| Other Notes and Loans Receivable, Net | - | $125,089 | - |
| Pledges and Grants Receivable | $35,000 | - | - |
| Accounts Receivable | $20,693 | $29,923 | ▲ $9,230 |
| Prepaid Expenses and Deferred Charges | $21,683 | $21,387 | ▼ $296 |
| Total Assets | $4,317,112 | $4,011,144 | ▼ $305,968 |
| Other Assets Total | $257,873 | $151,950 | ▼ $105,923 |
| Liabilities | |||
| Deferred Revenue | $1,503,254 | $1,323,419 | ▼ $179,835 |
| Mortgage Notes Payable Secured by Investment Property | $257,873 | $151,950 | ▼ $105,923 |
| Other Liabilities | $18,311 | $19,211 | ▲ $900 |
| Accounts Payable and Accrued Expenses | $14,115 | $14,287 | ▲ $172 |
| Total Liabilities | $1,793,553 | $1,508,867 | ▼ $284,686 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,523,559 | $2,502,277 | ▼ $21,282 |
| Total Net Assets Fund Balance | $2,523,559 | $2,502,277 | ▼ $21,282 |
| Total Liabilities and Net Assets / Fund Balance | $4,317,112 | $4,011,144 | ▼ $305,968 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,796,148 | $3,683,641 | $5,479,789 |
| Name | Title | Full / Part Time | Other | Total |
|---|---|---|---|---|
| Kevin Schreiber | President & | PT | $302,754 | $302,754 |
| Silas Chamberlin | VP, Ec. & Co | PT | $181,359 | $181,359 |
| Nancy Barry | VP Operation | PT | $176,814 | $176,814 |
| Katie Mahoney | VP, Marketin | PT | $160,987 | $160,987 |
| Name | Title |
|---|---|
| Jeffrey Vermeulen | Chair |
| Sara Parrish | President |
| Kevin Schreiber | President & CEO |
| Aneury E Perez | Director |
| Bev Mackereth | Director |
| Bruce T Newell | Director |
| Casey Kat Rossum | Director |
| Dr David Christiansen Phd | Director |
| Dr Reverend Mark Kearse | Director |
| Dr Todd Davies | Director |
| Joe Malda | Director |
| Julian Tolbert | Director |
| Julie Wheeler | Director |
| Laura Buczkowski | Director |
| Michael Gaskins | Director |
| Oliver Hoar | Director |
| Robin Rohrbaugh | Director |
| Taylor Groff | Director |
| William T Yanavitch Ii | Immediate Pa |
| Ruben Warren | Secretary |
| Grace T Quartey | Treasurer |
| Nancy Barry | VP Operations & CFO |
| Silas Chamberlin | VP, Ec. & Comm. Dev. |
| Katie Mahoney | VP, Marketing & Comm |
| Line Item | Amount |
|---|---|
| Other Expenses | $529,268 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $232,018 | - | - | $232,018 |
| Depreciation Depletion | $146,997 | - | - | $146,997 |
| Fees for Services Other | $89,177 | - | - | $89,177 |
| Insurance | $22,760 | - | - | $22,760 |
| Fees for Services Accounting | $7,040 | $1,760 | - | $8,800 |
| Office Expenses | $5,960 | - | - | $5,960 |
| Other Expenses | $56 | - | - | $56 |
| Total Functional Expenses | $527,508 | $1,760 | $0 | $529,268 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $529,268 |
| Total Expenses per Audited Statements | $529,268 |
| Total Expenses per Form 990 | $529,268 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Security Deposits | $19,211 |
“The sole member of the corporation is the york county economic alliance.”
“The york county economic alliance elects the board members of the organization.”
“Form 990 is provided to the board of directors for final approval. The finance committee performs a review of form 990 before final approval and will make recommendations to the board before being filed.”
“New board members are provided with a copy of the ycedc's conflict of interest policy. If there is an issue that appears to present a conflict, the ycedc's management will discuss with legal counsel for a determination. If legal counsel believes there is any possiblity of a conflict of interest, that board member will abstain from any votes related to the issue.”
“All compensation is paid out of the related organization (ycea) and is reviewed and approved by the ycea's governance committee. They are provided with industry compensation surveys, and, in the case of the president and ceo, they also evaluate compensation levels of other community non-profit ceo's.”
“All compensation is paid out of the related organization (ycea) and is reviewed and approved by the ycea's governance committee. They are provided with industry compensation surveys, and, in the case of the president and ceo, they also evaluate compensation levels of other community non-profit ceo's.”
“The organization makes the governing documents, conflict of interest policy, and financial statements available to the public upon request.”
“89,177 0 0”
“The organization is incorporated under the laws of the commonwealth of pennsylvania as a nonprofit organization. The organization has elected under provisions of internal revenue code section 501(c)(6) and state income tax statutes to be excluded from taxes on exempt function income. Therefore, no provision is made for taxes on income. The organization follows generally accepted accounting principles, which provides guidance on accounting for uncertainty in income taxes recognized in an organization's financial statements. The organization's policy is to charge penalties and interest to income tax expense as incurred. The organization's federal and state tax returns are subject to examination by the internal revenue service and state tax authorities, generally for a period of three years after the returns are filed.”
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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| IRS990/Desc | 0 | YCEDC OWNED THE INDUSTRIAL PLAZA OF YORK WHICH IS A MULTI-TENANT FACILITY OCCUPYING APPROXIMATELY 17 TENANTS IN 2023. |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 270728 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 148988 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 166518 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 23 | 144092 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | IMMEDIATE PA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | PRESIDENT & |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | VP OPERATION |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | VP, EC. & CO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | VP, MARKETIN |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1958 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 20 |
| IRS990/GovernmentGrantsAmt | 0 | 179950 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 507986 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 20 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 22760 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 22760 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 12336 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 12336 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 8 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 3683641 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1936595 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1796148 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 5479789 |
| 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 | YORK COUNTY ECONOMIC DEVELOPMENT CORPORATION IS ENGAGED IN THE PROMOTION OF INDUSTRIAL AND ECONOMIC DEVELOPMENT THROUGHOUT YORK COUNTY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 257873 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 151950 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2523559 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2502277 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2523559 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2502277 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 232018 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 232018 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 5960 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 5960 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 257873 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 151950 |
| IRS990/OtherExpensesGrp/Desc | 0 | LOAN LOSS RESERVE EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | BANK FEES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 23500 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 56 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 23500 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 56 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 18311 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 19211 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 125089 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 35000 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 21683 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 21387 |
| IRS990/PrincipalOfficerNm | 0 | KEVIN SCHREIBER |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | SHARED USER SERVICE |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | SERVICE FEE INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 216727 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 61571 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 37402 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 216727 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 61571 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 37402 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 6200 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 6200 |
| IRS990/PYInvestmentIncomeAmt | 0 | 1700 |
| IRS990/PYOtherExpensesAmt | 0 | 437923 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 342279 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -93944 |
| IRS990/PYTotalExpensesAmt | 0 | 444123 |
| IRS990/PYTotalRevenueAmt | 0 | 350179 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -21282 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| 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/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 2045268 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1886647 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1796148 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 3683641 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 5479789 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 529268 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 19211 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | SECURITY DEPOSITS |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 507986 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS INCORPORATED UNDER THE LAWS OF THE COMMONWEALTH OF PENNSYLVANIA AS A NONPROFIT ORGANIZATION. THE ORGANIZATION HAS ELECTED UNDER PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(6) AND STATE INCOME TAX STATUTES TO BE EXCLUDED FROM TAXES ON EXEMPT FUNCTION INCOME. THEREFORE, NO PROVISION IS MADE FOR TAXES ON INCOME. THE ORGANIZATION FOLLOWS GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO CHARGE PENALTIES AND INTEREST TO INCOME TAX EXPENSE AS INCURRED. THE ORGANIZATION'S FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAX AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1796148 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 529268 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 19211 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 507986 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 507986 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 529268 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 270728 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 1 | 148988 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 2 | 166518 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 3 | 144092 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 32026 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.