Civic Intelligence

Adams County Economic Development Corporation

990 • Fiscal year 2020 • EIN 23-2165947

Jan 01, 2020 to Dec 31, 2020 • Filed on May 26, 2021

Organization ProfileWWW.ACEDC.ORG
1300 Proline PlaceGettysburg, PA 17325

(717) 334-0042

Siviq Scores

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

Liabilities / Assets

88th percentile

0.56x

Higher debt load relative to assets than 88% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

98th percentile

3.15x

Higher debt load relative to revenue than 98% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Net Margin

75th percentile

16%

Higher net margin than 75% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

39th percentile

$114,479

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 20.1% of source-year revenue.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Asset Growth

29th percentile

-1.4%

Faster asset growth than 29% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

75th percentile

2.3%

Faster revenue growth than 75% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$3,230,343

Down $44,770 (-1.4%) from 2019

Net Assets

Up

$1,436,816

Up $90,208 (+6.7%) from 2019

Liabilities

Down

$1,793,527

Down $134,978 (-7.0%) from 2019

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin75th percentile

Revenue

Up

$569,432

Up $12,745 (+2.3%) from 2019

Expenses

Down

$479,224

Down $12,891 (-2.6%) from 2019

Net Income

Up

$90,208

Up $25,636 (+40%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,621,526Liabilities 2010: $1,424,265Net Assets 2010: $1,197,2612010Assets 2011: $2,619,254Liabilities 2011: $1,412,149Net Assets 2011: $1,207,1052011Assets 2012: $3,777,701Liabilities 2012: $2,587,755Net Assets 2012: $1,189,9462012Assets 2013: $4,223,083Liabilities 2013: $2,957,298Net Assets 2013: $1,265,7852013Assets 2014: $2,925,180Liabilities 2014: $1,787,176Net Assets 2014: $1,138,0042014Assets 2015: $2,387,467Liabilities 2015: $1,283,989Net Assets 2015: $1,103,4782015Assets 2016: $3,476,826Liabilities 2016: $2,356,902Net Assets 2016: $1,119,9242016Assets 2017: $3,475,936Liabilities 2017: $2,271,713Net Assets 2017: $1,204,2232017Assets 2018: $3,391,947Liabilities 2018: $2,109,686Net Assets 2018: $1,282,2612018Assets 2019: $3,275,113Liabilities 2019: $1,928,505Net Assets 2019: $1,346,6082019Assets 2020: $3,230,343Liabilities 2020: $1,793,527Net Assets 2020: $1,436,8162020Assets 2021: $3,137,424Liabilities 2021: $1,620,782Net Assets 2021: $1,516,6422021Assets 2022: $2,928,974Liabilities 2022: $1,434,096Net Assets 2022: $1,494,8782022Assets 2023: $3,073,988Liabilities 2023: $1,554,995Net Assets 2023: $1,518,9932023Assets 2024: $2,955,538Liabilities 2024: $1,343,573Net Assets 2024: $1,611,9652024

Highlighted filing

2020

Assets$3,230,343
Liabilities$1,793,527
Net Assets$1,436,816
Open 2020 Filing

Operations Trend

Revenue Growth75th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $452,5252010Expenses 2011: $369,0582011Revenue 2012: $360,301Expenses 2012: $408,710Net Income 2012: -$48,4092012Expenses 2013: $832,1682013Revenue 2014: $324,101Expenses 2014: $451,882Net Income 2014: -$127,7812014Revenue 2015: $427,873Expenses 2015: $462,399Net Income 2015: -$34,5262015Revenue 2016: $492,128Expenses 2016: $440,247Net Income 2016: $51,8812016Revenue 2017: $543,607Expenses 2017: $459,308Net Income 2017: $84,2992017Revenue 2018: $576,099Expenses 2018: $497,481Net Income 2018: $78,6182018Revenue 2019: $556,687Expenses 2019: $492,115Net Income 2019: $64,5722019Revenue 2020: $569,432Expenses 2020: $479,224Net Income 2020: $90,2082020Revenue 2021: $578,405Expenses 2021: $498,579Net Income 2021: $79,8262021Revenue 2022: $545,277Expenses 2022: $567,040Net Income 2022: -$21,7632022Revenue 2023: $667,695Expenses 2023: $643,580Net Income 2023: $24,1152023Revenue 2024: $892,776Expenses 2024: $799,804Net Income 2024: $92,9722024

Highlighted filing

2020

Revenue$569,432
Expenses$479,224
Net Income$90,208
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 26, 2021
Return Version
2020v4.0
Gross Receipts
$569,432
Mission and Program Overview

Mission

The adams county economic development corporation is a private, not-for- profit corporation dedicated to providing county-wide economic development services to benefit the citizens of adams acounty. The organization's programs are designed to assist existing employers and also to attract new employers to the adams county area. The organization's aim is to assist with job creation and job sustaining projects.

It is the mission of the adams county economic development corporation to develop and implement creative community-based strategies to enhance economic opportunity and foster a dynamic framework for balanced growth and development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,593,614$1,468,724▼ $124,890
Land, Buildings, and Equipment, Net$1,219,129$1,181,721▼ $37,408
Cash and Non-Interest-Bearing Accounts$229,011$330,434▲ $101,423
Savings and Temporary Cash Investments$211,708$230,855▲ $19,147
Prepaid Expenses and Deferred Charges$17,916$18,609▲ $693
Accounts Receivable$3,735--
Total Assets$3,275,113$3,230,343▼ $44,770
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,912,244$1,779,780▼ $132,464
Escrow Account Liability$7,483$7,483→ $0
Accounts Payable and Accrued Expenses$7,578$4,764▼ $2,814
Deferred Revenue$1,200$1,500▲ $300
Total Liabilities$1,928,505$1,793,527▼ $134,978
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,346,608$1,436,816▲ $90,208
Total Net Assets Fund Balance$1,346,608$1,436,816▲ $90,208
Total Liabilities and Net Assets / Fund Balance$3,275,113$3,230,343▼ $44,770

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$848,712$604,872$1,453,584
Land$331,556-$331,556
Equipment$1,453$83,071$84,524
Compensation and Service Providers
Top Officer Pay39th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robin FitzpatrickPresidentFT$103,950$10,529$114,479
Kaycee KemperVice PresideFT$71,323$10,529$81,852

Board Members and Trustees

NameTitle
Mike CoglianoChair
Peter NorthVice-chair
Barbara HartmanBoard Member
Carrie NaceBoard Member
Carrie StuartBoard Member
David LaughmanBoard Member
Duane KanagyBoard Member
Joe MaldaBoard Member
Marty QuallyBoard Member
Ned LeppoBoard Member
Nick BairBoard Member
Norris FlowersBoard Member
Pete MartinBoard Member
Robert GordonBoard Member
Robert JacksonBoard Member
Ron HankeyBoard Member
Shawn EckenrodeBoard Member
Steve RasmussenBoard Member
Wayne SteinourBoard Member
Shanon ToalSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$261,728
Program Service Revenue
$257,586
Investment Income
$42,688
Other Revenue
$7,430
All Other Contributions
$150
Change in Net Assets
$90,208

Audited Revenue Reconciliation

Revenue per Audited Statements
$569,432
Revenue Not Reported on Form 990
$5,000
Total Revenue per Audited Statements
$574,432
Total Revenue per Form 990
$569,432
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$256,829
Other Expenses$222,395
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---$175,273
Occupancy---$60,991
Interest---$43,991
Depreciation Depletion---$37,408
Other Salaries and Wages---$28,418
Other Employee Benefits---$27,858
Advertising---$25,716
Fees for Services Accounting---$17,444
Payroll Taxes---$14,794
Insurance---$11,904
Pension Plan Contributions---$10,486
Office Expenses---$8,581
Conferences and Meetings---$4,643
Fees for Services Legal---$4,040
Other Expenses---$535
Total Functional Expenses$0$0$0$479,224

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$484,224
Expenses per Audited Statements$479,224
Total Expenses per Form 990$479,224
Expenses Not Reported on Form 990$5,000
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 11B

“The 990 is reviewed by the president, chairman, and treasurer before filing. The remainder of the board has access to form 990 to review at any time after preparation.”

Form 990, Page 6, Part VI, Line 12C

“Any conflict of interest is discussed and resolved at the bi-monthly board meetings.”

Form 990, Page 6, Part VI, Line 15A

“The executive committee reviews and approves all compensation for top management.”

Form 990, Page 6, Part VI, Line 15B

“The executive committee reviews and approves all compensation for top management.”

Form 990, Page 6, Part VI, Line 19

“The governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Adams County Economic Development
EIN
23-2165947
Phone
7173340042
Address
1300 PROLINE PLACE, GETTYSBURG, PA 17325

Signing Officer

Name
Robin Fitzpatrick
Title
President
Phone
7173340042
Signed
2021-05-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robin Fitzpatrick
Formed
1960
Legal Domicile
Pa
Voting Board Members
20
Independent Board Members
20
Employees
4

Preparer

Firm
Rotz & Stonesifer Pc
Address
1134 KENNEBEC DRIVE, CHAMBERSBURG, PA 17201-2809
Preparer
Michael Buhrman CPA
Phone
7172645961
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The adams county economic development corporation is a private, not-for- profit corporation dedicated to providing county-wide economic development services to benefit the citizens of adams county. The organization's programs are designed to assist existing employers and also to attract new employers to the adams county area. The organization's aim is to assist with job creation and job sustaining projects.”

Raw XML AppendixShowing 400 of 507 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07578
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04764
IRS990/AccountsReceivableGrp/BOYAmt03735
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0IT IS THE MISSION OF THE ADAMS COUNTY ECONOMIC DEVELOPMENT CORPORATION TO DEVELOP AND IMPLEMENT CREATIVE COMMUNITY-BASED STRATEGIES TO ENHANCE ECONOMIC OPPORTUNITY AND FOSTER A DYNAMIC FRAMEWORK FOR BALANCED GROWTH AND DEVELOPMENT.
IRS990/AdvertisingGrp/TotalAmt025716
IRS990/AllOtherContributionsAmt0150
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0KAYCEE KEMPER
IRS990/BooksInCareOfDetail/PhoneNum07173340042
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01300 PROLINE PLACE
IRS990/BooksInCareOfDetail/USAddress/CityNm0GETTYSBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd017325
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0229011
IRS990/CashNonInterestBearingGrp/EOYAmt0330434
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0175273
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt04643
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0261728
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt042688
IRS990/CYOtherExpensesAmt0222395
IRS990/CYOtherRevenueAmt07430
IRS990/CYProgramServiceRevenueAmt0257586
IRS990/CYRevenuesLessExpensesAmt090208
IRS990/CYSalariesCompEmpBnftPaidAmt0256829
IRS990/CYTotalExpensesAmt0479224
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0569432
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01200
IRS990/DeferredRevenueGrp/EOYAmt01500
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt037408
IRS990/Desc0THE ORGANIZATION'S AIM IS TO ASSIST WITH JOB CREATION AND JOB SUSTAINING PROJECTS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EscrowAccountLiabilityGrp/BOYAmt07483
IRS990/EscrowAccountLiabilityGrp/EOYAmt07483
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt017444
IRS990/FeesForServicesLegalGrp/TotalAmt04040
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt211.50
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/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt010529
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110529
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/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBIN FITZPATRICK
IRS990/Form990PartVIISectionAGrp/PersonNm1KAYCEE KEMPER
IRS990/Form990PartVIISectionAGrp/PersonNm2NICK BAIR
IRS990/Form990PartVIISectionAGrp/PersonNm3MIKE COGLIANO
IRS990/Form990PartVIISectionAGrp/PersonNm4SHAWN ECKENRODE
IRS990/Form990PartVIISectionAGrp/PersonNm5NORRIS FLOWERS
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT GORDON
IRS990/Form990PartVIISectionAGrp/PersonNm7RON HANKEY
IRS990/Form990PartVIISectionAGrp/PersonNm8BARBARA HARTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm9ROBERT JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm10DUANE KANAGY
IRS990/Form990PartVIISectionAGrp/PersonNm11DAVID LAUGHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm12NED LEPPO
IRS990/Form990PartVIISectionAGrp/PersonNm13JOE MALDA
IRS990/Form990PartVIISectionAGrp/PersonNm14PETE MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm15CARRIE NACE
IRS990/Form990PartVIISectionAGrp/PersonNm16PETER NORTH
IRS990/Form990PartVIISectionAGrp/PersonNm17MARTY QUALLY
IRS990/Form990PartVIISectionAGrp/PersonNm18STEVE RASMUSSEN
IRS990/Form990PartVIISectionAGrp/PersonNm19WAYNE STEINOUR
IRS990/Form990PartVIISectionAGrp/PersonNm20CARRIE STUART
IRS990/Form990PartVIISectionAGrp/PersonNm21SHANON TOAL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0103950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt171323
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/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
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/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21SECRETARY/TR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01960
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GovernmentGrantsAmt0261578
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0569432
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt011904
IRS990/InterestGrp/TotalAmt043991
IRS990/InvestmentIncomeGrp/ExclusionAmt042688
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt042688
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0687943
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01219129
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01181721
IRS990/LandBldgEquipCostOrOtherBssAmt01869664
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ADAMS COUNTY ECONOMIC DEVELOPMENT CORPORATION IS A PRIVATE, NOT-FOR- PROFIT CORPORATION DEDICATED TO PROVIDING COUNTY-WIDE ECONOMIC DEVELOPMENT SERVICES TO BENEFIT THE CITIZENS OF ADAMS COUNTY. THE ORGANIZATION'S PROGRAMS ARE DESIGNED TO ASSIST EXISTING EMPLOYERS AND ALSO TO ATTRACT NEW EMPLOYERS TO THE ADAMS COUNTY AREA. THE ORGANIZATION'S AIM IS TO ASSIST WITH JOB CREATION AND JOB SUSTAINING PROJECTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01912244
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01779780
IRS990/NetAssetsOrFundBalancesBOYAmt01346608
IRS990/NetAssetsOrFundBalancesEOYAmt01436816
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01346608
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01436816
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt060991
IRS990/OfficeExpensesGrp/TotalAmt08581
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt027858
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/TotalAmt06173
IRS990/OtherExpensesGrp/TotalAmt1969
IRS990/OtherExpensesGrp/TotalAmt2535
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt07430
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07430
IRS990/OtherRevenueTotalAmt07430
IRS990/OtherSalariesAndWagesGrp/TotalAmt028418
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01593614
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01468724
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt014794
IRS990/PensionPlanContributionsGrp/TotalAmt010486
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017916
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018609
IRS990/PrincipalOfficerNm0ROBIN FITZPATRICK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP FEES
IRS990/ProgramServiceRevenueGrp/Desc3LOAN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0136895
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt165450
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt239058
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt316183
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0136895
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt165450
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt239058
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt316183
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0248566
IRS990/PYInvestmentIncomeAmt058525
IRS990/PYOtherExpensesAmt0243545
IRS990/PYOtherRevenueAmt011097
IRS990/PYProgramServiceRevenueAmt0238499
IRS990/PYRevenuesLessExpensesAmt064572
IRS990/PYSalariesCompEmpBnftPaidAmt0248570
IRS990/PYTotalExpensesAmt0492115
IRS990/PYTotalRevenueAmt0556687
IRS990/ReconcilationRevenueExpnssAmt090208
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0211708
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0230855
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0848712
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0604872
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01453584
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt05000
IRS990ScheduleD/DonatedServicesUseFcltsAmt05000
IRS990ScheduleD/EquipmentGrp/BookValueAmt01453
IRS990ScheduleD/EquipmentGrp/DepreciationAmt083071
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt084524
IRS990ScheduleD/ExpensesNotReportedAmt05000
IRS990ScheduleD/ExpensesSubtotalAmt0479224
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0331556
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0331556
IRS990ScheduleD/RevenueNotReportedAmt05000
IRS990ScheduleD/RevenueSubtotalAmt0569432
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01181721
IRS990ScheduleD/TotalExpensesPerForm990Amt0479224
IRS990ScheduleD/TotalRevenuePerForm990Amt0569432
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0574432
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0484224
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ADAMS COUNTY ECONOMIC DEVELOPMENT CORPORATION IS A PRIVATE, NOT-FOR- PROFIT CORPORATION DEDICATED TO PROVIDING COUNTY-WIDE ECONOMIC DEVELOPMENT SERVICES TO BENEFIT THE CITIZENS OF ADAMS COUNTY. THE ORGANIZATION'S PROGRAMS ARE DESIGNED TO ASSIST EXISTING EMPLOYERS AND ALSO TO ATTRACT NEW EMPLOYERS TO THE ADAMS COUNTY AREA. THE ORGANIZATION'S AIM IS TO ASSIST WITH JOB CREATION AND JOB SUSTAINING PROJECTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE PRESIDENT, CHAIRMAN, AND TREASURER BEFORE FILING. THE REMAINDER OF THE BOARD HAS ACCESS TO FORM 990 TO REVIEW AT ANY TIME AFTER PREPARATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY CONFLICT OF INTEREST IS DISCUSSED AND RESOLVED AT THE BI-MONTHLY BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES ALL COMPENSATION FOR TOP MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES ALL COMPENSATION FOR TOP MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0471506346
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0DEVELOP MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0ADAMS COMMERCE CENTER DEVELOPMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine2Txt0ASSOCIATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01300 PROLINE PLACE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0GETTYSBURG
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd017325
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ADAMS COUNTY INDUSTRIAL DEVELOPMENT

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
$3,230,343
Liabilities
$1,793,527
Net assets
$1,436,816
Revenue
$569,432
Expenses
$479,224
Net income
$90,208
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.96$1.34$1.61$0.89$0.80$0.09
2023Detailed filing. Detailed filing data is available for this year.$3.07$1.55$1.52$0.67$0.64$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.93$1.43$1.49$0.55$0.57$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.14$1.62$1.52$0.58$0.50$0.08
2020Detailed filing. Detailed filing data is available for this year.$3.23$1.79$1.44$0.57$0.48$0.09
2019Detailed filing. Detailed filing data is available for this year.$3.28$1.93$1.35$0.56$0.49$0.06
2018Detailed filing. Detailed filing data is available for this year.$3.39$2.11$1.28$0.58$0.50$0.08
2017Detailed filing. Detailed filing data is available for this year.$3.48$2.27$1.20$0.54$0.46$0.08
2016Detailed filing. Detailed filing data is available for this year.$3.48$2.36$1.12$0.49$0.44$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.39$1.28$1.10$0.43$0.46$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.93$1.79$1.14$0.32$0.45$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.22$2.96$1.27$0.83
2012Summary only. Only limited summary data is available for this year.$3.78$2.59$1.19$0.36$0.41$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.62$1.41$1.21$0.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.62$1.42$1.20$0.45