Civic Intelligence

Allentown Economic Development

EIN 23-2101393 • 501(c)3 • Allentown, PA

Profile

To proactively identify, encourage, manage and develop strategic business opportunities for the benefit of allentown, its citizens, and the lehigh valley.

905 Harrision StAllentown, PA 18103

www.allentownedc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.33x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

2.18x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

9th percentile

-26%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

51st percentile

$189,637

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

5th percentile

-23%

Faster asset growth than 5% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Assets

Down

$11,184,689

Down $3,410,172 (-23%) from 2023

Liabilities

Down

$3,715,333

Down $2,959,764 (-44%) from 2023

Net Assets

Down

$7,469,356

Down $450,408 (-5.7%) from 2023

Revenue

Up

$1,706,842

Up $15,577,115 (+112%) from 2023

Expenses

Up

$2,157,250

Up $190,195 (+9.7%) from 2023

Net Income

Up

-$450,408

Up $15,386,920 (+97%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $28,741,447Liabilities 2011: $4,893,402Net Assets 2011: $23,848,0452011Assets 2012: $28,120,975Liabilities 2012: $4,556,644Net Assets 2012: $23,564,3312012Assets 2013: $28,691,295Liabilities 2013: $4,343,146Net Assets 2013: $24,348,1492013Assets 2014: $29,510,323Liabilities 2014: $4,378,588Net Assets 2014: $25,131,7352014Assets 2015: $27,910,115Liabilities 2015: $3,779,019Net Assets 2015: $24,131,0962015Assets 2016: $28,002,532Liabilities 2016: $3,674,001Net Assets 2016: $24,328,5312016Assets 2017: $28,409,332Liabilities 2017: $3,628,296Net Assets 2017: $24,781,0362017Assets 2018: $29,169,004Liabilities 2018: $5,270,469Net Assets 2018: $23,898,5352018Assets 2019: $28,589,201Liabilities 2019: $5,460,864Net Assets 2019: $23,128,3372019Assets 2020: $28,881,129Liabilities 2020: $5,716,438Net Assets 2020: $23,164,6912020Assets 2021: $28,611,870Liabilities 2021: $5,610,113Net Assets 2021: $23,001,7572021Assets 2022: $29,276,532Liabilities 2022: $5,519,440Net Assets 2022: $23,757,0922022Assets 2023: $14,594,861Liabilities 2023: $6,675,097Net Assets 2023: $7,919,7642023Assets 2024: $11,184,689Liabilities 2024: $3,715,333Net Assets 2024: $7,469,3562024

Highlighted filing

2024

Assets$11,184,689
Liabilities$3,715,333
Net Assets$7,469,356

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$5.0M$0-$5.0M-$10M-$15M-$20MRevenue 2011: $1,676,645Expenses 2011: $1,978,750Net Income 2011: -$302,1052011Expenses 2012: $1,648,3532012Expenses 2013: $1,491,8992013Revenue 2014: $2,391,678Expenses 2014: $1,608,092Net Income 2014: $783,5862014Revenue 2015: $686,645Expenses 2015: $1,687,284Net Income 2015: -$1,000,6392015Revenue 2016: $1,833,125Expenses 2016: $1,635,691Net Income 2016: $197,4342016Revenue 2017: $2,042,350Expenses 2017: $1,589,845Net Income 2017: $452,5052017Revenue 2018: $1,577,103Expenses 2018: $1,775,878Net Income 2018: -$198,7752018Revenue 2019: $982,360Expenses 2019: $1,752,558Net Income 2019: -$770,1982019Revenue 2020: $1,730,835Expenses 2020: $1,694,481Net Income 2020: $36,3542020Revenue 2021: $1,731,246Expenses 2021: $1,894,181Net Income 2021: -$162,9352021Revenue 2022: $2,229,356Expenses 2022: $1,882,934Net Income 2022: $346,4222022Revenue 2023: -$13,870,273Expenses 2023: $1,967,055Net Income 2023: -$15,837,3282023Revenue 2024: $1,706,842Expenses 2024: $2,157,250Net Income 2024: -$450,4082024

Highlighted filing

2024

Revenue$1,706,842
Expenses$2,157,250
Net Income-$450,408

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.2$3.72$7.47$1.71$2.16$0.45
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.6$6.68$7.92$13.9$1.97$15.8
2022Detailed filing. Detailed filing data is available for this year.$29.3$5.52$23.8$2.23$1.88$0.35
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.6$5.61$23.0$1.73$1.89$0.16
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.9$5.72$23.2$1.73$1.69$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.6$5.46$23.1$0.98$1.75$0.77
2018Detailed filing. Detailed filing data is available for this year.$29.2$5.27$23.9$1.58$1.78$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.4$3.63$24.8$2.04$1.59$0.45
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.0$3.67$24.3$1.83$1.64$0.20
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.9$3.78$24.1$0.69$1.69$1.00
2014Detailed filing. Detailed filing data is available for this year.$29.5$4.38$25.1$2.39$1.61$0.78
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.7$4.34$24.3$1.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.1$4.56$23.6$1.65
2011Summary only. Only limited summary data is available for this year.$28.7$4.89$23.8$1.68$1.98$0.30
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 11, 2023
Return Version
2021v4.2
Gross Receipts
$2,761,152
Mission and Program Overview

Mission

To proactively identify, encourage, manage and develop strategic business opportunities for the benefit of allentown, its citizens, and the lehigh valley.

To proactively identify, encourage, and develop business opportunities for the lehigh valley.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$24,363,698$23,805,258▼ $558,440
Savings and Temporary Cash Investments$1,942,533$3,301,115▲ $1,358,582
Other Notes and Loans Receivable, Net$2,111,466$1,931,811▼ $179,655
Accounts Receivable$70,101$128,668▲ $58,567
Cash and Non-Interest-Bearing Accounts$114,072$109,680▼ $4,392
Total Assets$28,611,870$29,276,532▲ $664,662
Other Assets Total$10,000$0▼ $10,000
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,925,076$4,585,379▼ $339,697
Other Liabilities$454,000$454,000→ $0
Accounts Payable and Accrued Expenses$68,731$357,534▲ $288,803
Escrow Account Liability$155,354$108,429▼ $46,925
Deferred Revenue$6,952$14,098▲ $7,146
Total Liabilities$5,610,113$5,519,440▼ $90,673
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$20,633,919$20,945,212▲ $311,293
Net Assets With Donor Restrictions$2,367,838$2,811,880▲ $444,042
Total Net Assets Fund Balance$23,001,757$23,757,092▲ $755,335
Total Liabilities and Net Assets / Fund Balance$28,611,870$29,276,532▲ $664,662

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$23,405,985$7,845,152$31,251,137
Land$377,799-$377,799
Equipment$21,474$211,234$232,708
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
R Scott UngerExecutive DirectorFT$135,875$10,277$146,152

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$12,500
Program Service Revenue
$1,646,817
Investment Income
$522,130
Other Revenue
$47,909
All Other Contributions
$12,500
Change in Net Assets
$346,422

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,229,356
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,229,356
Total Revenue per Form 990
$2,229,356
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,261,676
Salaries, Compensation, and Employee Benefits$621,258
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$469,194--$469,194
Other Salaries and Wages$177,712$156,670-$334,382
Occupancy$262,024$2,854-$264,878
Current Officers, Directors, Trustees, and Key Employees$39,897$119,692-$159,589
Interest$132,567$1,265-$133,832
Insurance$64,597$31,498-$96,095
Other Employee Benefits$38,193$45,605-$83,798
Fees for Services Other$23,856$32,663-$56,519
Fees for Services Accounting-$25,100-$25,100
Payroll Taxes$13,337$11,668-$25,005
Pension Plan Contributions$9,953$8,531-$18,484
Office Expenses-$2,815-$2,815
Advertising$1,723$1,016-$2,739
Other Expenses$995$1,060-$2,055
Conferences and Meetings$861$705-$1,566
Fees for Services Legal-$408-$408
Total Functional Expenses$1,422,909$460,025$0$1,882,934

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,882,934
Total Expenses per Audited Statements$1,882,934
Total Expenses per Form 990$1,882,934
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Grant Proceeds$454,000
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
No
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, Section B, Line 11B

A copy of form 990 is submitted to the board for review. In addition, executive director & treasurer approved the document prior to submission

Form 990, Part VI, Section B, Line 12C

As per the conflict of interest policy that is signed by every board member, it is required that they disclose knowledge of a conflict to the board. This has to be disclosed prior to start of any consideration of the matter or as soon as one is aware of any potential, apparent, or actual conflict.

Form 990, Part VI, Section B, Line 15A

The bylaws of aedc establish a compensation committee that has general oversight of the organization's human resource plan. Specific duties include yearly evaluation of the chief executive of the organization. A competent salary survey shall be used to benchmark compensation for the position utilizing iedc salary survey and other studies. The committee meets independently of the chief executive to discuss performance relative to the position description. During these deliberations, the committee also considers input obtained from other board members, staff, professional advisors, grant recipients, and other informed community leaders.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Allentown Economic Development
EIN
23-2101393
Phone
6104358890
Address
905 HARRISION ST, ALLENTOWN, PA 18103

Signing Officer

Name
R Scott Unger
Title
Executive Director
Phone
6104358890
Signed
2023-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
R Scott Unger
Formed
1979
Legal Domicile
Pa
Voting Board Members
14
Independent Board Members
14
Employees
8
Volunteers
14

Preparer

Firm
Campbell Rappold & Yurasits Llp
Address
1033 S CEDAR CREST BLVD, ALLENTOWN, PA 18103-5443
Preparer
John R Zayaitz CPA
Phone
6104357489
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer of net assets 408,913.

Financial Statement Notes

PART X, LINE 2:

The corporation operates as a not-for-profit corporation in the commonwealth of pennsylvania and is exempt from federal income taxes under the provision of section 501 (c)(3) of the internal revenue code and none of its present or anticipated future activities are subject to unrelated business income. Therefore, no provision for income taxes has been made in the accompanying financial statements. Uncertain tax positions are evaluated in accordance with fasb asc 740-10. Fasb asc 740-10 clarifies the accounting for uncertainty in income taxes recognized in the corporation's financial statements and prescribes a recognition threshold of more-likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold has been met. Fasb asc 740-10 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, and disclosure. The corporation had no material unrecognized tax benefits or accrued interest or penalties. The corporation files income tax returns in the united states. The corporation's tax years june 30, 2019 and forward remain open for examination by federal and state taxing authorities.

Raw XML AppendixShowing 400 of 525 raw XML fields

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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt068731
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0357534
IRS990/AccountsReceivableGrp/BOYAmt070101
IRS990/AccountsReceivableGrp/EOYAmt0128668
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROACTIVELY IDENTIFY, ENCOURAGE, AND DEVELOP BUSINESS OPPORTUNITIES FOR THE LEHIGH VALLEY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01016
IRS990/AdvertisingGrp/ProgramServicesAmt01723
IRS990/AdvertisingGrp/TotalAmt02739
IRS990/AllOtherContributionsAmt012500
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ROBERT HAAS
IRS990/BooksInCareOfDetail/PhoneNum06104358890
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0905 HARRISON STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALLENTOWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd018103
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0114072
IRS990/CashNonInterestBearingGrp/EOYAmt0109680
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0119692
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt039897
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0159589
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0705
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0861
IRS990/ConferencesMeetingsGrp/TotalAmt01566
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt012500
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0522130
IRS990/CYOtherExpensesAmt01261676
IRS990/CYOtherRevenueAmt047909
IRS990/CYProgramServiceRevenueAmt01646817
IRS990/CYRevenuesLessExpensesAmt0346422
IRS990/CYSalariesCompEmpBnftPaidAmt0621258
IRS990/CYTotalExpensesAmt01882934
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02229356
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt06952
IRS990/DeferredRevenueGrp/EOYAmt014098
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0469194
IRS990/DepreciationDepletionGrp/TotalAmt0469194
IRS990/Desc0PROPERTY MANAGEMENT: MAINTAINING OF OLDER INDUSTRIAL BUILDINGS AND ATTRACTING MANUFACTURERS TO OPERATE FROM AN URBAN LOCATION. THIS IN TURN IS A SUSTAINABLE WAY OF UTILIZING INDUSTRIAL SPACE WHICH CREATES GROWTH OPPORTUNITIES FOR THE CITY AND JOBS FOR ITS RESIDENTS. IN ADDITION, MAINTAIN OTHER PROPERTIES THAT WERE DEVELOPED ON VACANT AND BLIGHTED AREAS AND HELP OLDER PROPERTY MAINTENANCE WHICH HOUSE NON-PROFITS BENEFITING THE RESIDENTS OF THE CITY OF ALLENTOWN.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02367838
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt02811880
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt0155354
IRS990/EscrowAccountLiabilityGrp/EOYAmt0108429
IRS990/ExpenseAmt0910637
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt025100
IRS990/FeesForServicesAccountingGrp/TotalAmt025100
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0408
IRS990/FeesForServicesLegalGrp/TotalAmt0408
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt032663
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt023856
IRS990/FeesForServicesOtherGrp/TotalAmt056519
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1410277
IRS990/Form990PartVIISectionAGrp/PersonNm0DONALD M BERNHARD
IRS990/Form990PartVIISectionAGrp/PersonNm1VINCENT TALLARICO
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN G ENGLESSON
IRS990/Form990PartVIISectionAGrp/PersonNm3MATTHEW B GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm4RAY O'CONNEL
IRS990/Form990PartVIISectionAGrp/PersonNm5DON CUNNINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm6EDWARD ROMA
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID QUIER
IRS990/Form990PartVIISectionAGrp/PersonNm8ED DOUGHERTY
IRS990/Form990PartVIISectionAGrp/PersonNm9LEONARD LIGHTNER
IRS990/Form990PartVIISectionAGrp/PersonNm10DARYL HENDRICKS
IRS990/Form990PartVIISectionAGrp/PersonNm11FRANK KANE
IRS990/Form990PartVIISectionAGrp/PersonNm12SUSAN E YOUNGS
IRS990/Form990PartVIISectionAGrp/PersonNm13JAMES K HARBAUGH
IRS990/Form990PartVIISectionAGrp/PersonNm14R SCOTT UNGER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14135875
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0428819
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0960615
IRS990/GrossReceiptsAmt02761152
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt031498
IRS990/InsuranceGrp/ProgramServicesAmt064597
IRS990/InsuranceGrp/TotalAmt096095
IRS990/InterestGrp/ManagementAndGeneralAmt01265
IRS990/InterestGrp/ProgramServicesAmt0132567
IRS990/InterestGrp/TotalAmt0133832
IRS990/InvestmentIncomeGrp/ExclusionAmt093311
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt093311
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08056386
IRS990/LandBldgEquipBasisNetGrp/BOYAmt024363698
IRS990/LandBldgEquipBasisNetGrp/EOYAmt023805258
IRS990/LandBldgEquipCostOrOtherBssAmt031861644
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0531796
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROACTIVELY IDENTIFY, ENCOURAGE, MANAGE AND DEVELOP STRATEGIC BUSINESS OPPORTUNITIES FOR THE BENEFIT OF ALLENTOWN, ITS CITIZENS, AND THE LEHIGH VALLEY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04925076
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04585379
IRS990/NetAssetsOrFundBalancesBOYAmt023001757
IRS990/NetAssetsOrFundBalancesEOYAmt023757092
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0428819
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0428819
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt020633919
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt020945212
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02854
IRS990/OccupancyGrp/ProgramServicesAmt0262024
IRS990/OccupancyGrp/TotalAmt0264878
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02815
IRS990/OfficeExpensesGrp/TotalAmt02815
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010000
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0408913
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt045605
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt038193
IRS990/OtherEmployeeBenefitsGrp/TotalAmt083798
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc3TRAINING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt118236
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2239
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31060
IRS990/OtherExpensesGrp/ProgramServicesAmt0177734
IRS990/OtherExpensesGrp/ProgramServicesAmt110266
IRS990/OtherExpensesGrp/ProgramServicesAmt2995
IRS990/OtherExpensesGrp/TotalAmt0177734
IRS990/OtherExpensesGrp/TotalAmt118236
IRS990/OtherExpensesGrp/TotalAmt210505
IRS990/OtherExpensesGrp/TotalAmt32055
IRS990/OtherLiabilitiesGrp/BOYAmt0454000
IRS990/OtherLiabilitiesGrp/EOYAmt0454000
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt047909
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt047909
IRS990/OtherRevenueTotalAmt047909
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0156670
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0177712
IRS990/OtherSalariesAndWagesGrp/TotalAmt0334382
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02111466
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01931811
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011668
IRS990/PayrollTaxesGrp/ProgramServicesAmt013337
IRS990/PayrollTaxesGrp/TotalAmt025005
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08531
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt09953
IRS990/PensionPlanContributionsGrp/TotalAmt018484
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0R SCOTT UNGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531310
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2522291
IRS990/ProgramServiceRevenueGrp/BusinessCd3532000
IRS990/ProgramServiceRevenueGrp/Desc0PROPERTY MANAGEMENT
IRS990/ProgramServiceRevenueGrp/Desc1BUSINESS INCUBATION
IRS990/ProgramServiceRevenueGrp/Desc2LENDING
IRS990/ProgramServiceRevenueGrp/Desc3REAL ESTATE DEVELOPMEN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01041858
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1563374
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt237955
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt33630
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01041858
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1563374
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt237955
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33630
IRS990/ProgSrvcAccomActy2Grp/Desc0DEVELOPMENT PROJECTS: DEVELOPMENT OF ACQUIRED PROPERTIES THAT WERE EITHER BLIGHTED OR UNDERUTILIZED. CREATE NEW JOBS AND FURTHER ECONOMIC DEVELOPMENT BY GETTING THESE PROPERTIES TO A SUSTAINABLE USE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt047108
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0432449
IRS990/ProgSrvcAccomActy3Grp/Desc0INCUBATION: ENCOURAGING AND FOSTERING THE DEVELOPMENT OF ECONOMIC GROWTH THROUGH THE ESTABLISHMENT AND MAINTENANCE OF A SMALL BUSINESS INCUBATOR FACILITY WHERE NEW AND GROWING BUSINESSES OPERATE UNDER ONE ROOF WITH LOW COST RENTAL, SHARED SERVICES AND EQUIPMENT, AND ACCESS TO PROFESSIONAL, TECHNICAL AND FINANCIAL PROGRAMS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0435436
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0563374
IRS990/ProgSrvcAccomActyOtherGrp/Desc01) BUSINESS RETENTION & EXPANSION: PROGRAM TO RETAIN AND EXPAND BUSINESSES IN ORDER TO BRINGS JOBS AND DEVELOP THE CITY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt029728
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt085865
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0146900
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt097203
IRS990/PYOtherExpensesAmt01225916
IRS990/PYOtherRevenueAmt021432
IRS990/PYProgramServiceRevenueAmt01465711
IRS990/PYRevenuesLessExpensesAmt0-162935
IRS990/PYSalariesCompEmpBnftPaidAmt0668265
IRS990/PYTotalExpensesAmt01894181
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01731246
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0346422
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01041858
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01942533
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03301115
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt050454
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0176900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt050154
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt047500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0425008
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt093311
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt097203
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0104532
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt076462
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt029065
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0400573
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07646960
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.51480
IRS990ScheduleA/PublicSupportPY170Pct00.68220
IRS990ScheduleA/PublicSupportTotal170Amt0425008
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt050454
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0176900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt050154
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt047500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0425008
IRS990ScheduleA/TotalSupportAmt0825581
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt023405985

Document Assets

No mirrored PDF or thumbnail assets are attached yet.