Civic Intelligence

Morrisville Economic Development

EIN 23-2639287 • 501(c)3 • Morrisville, PA

Profile

The purposes of the corporation are to promote the economic and general welfare of morrisville borough, pennsylvania by securing new industries, business, and commerce for the various morrisville borough neighborhoods; the promotion, growth and expansion of industries established in morrisville borough; the development and creation of more industrial jobs and larger industrial payrolls through the acquisition and improvement of sites and the erection of industrial buildings for new industries and distribution establishments; assistance, encouragement and promotion of appropriate proposed or projected industrial and commercial developments in morrisville borough and projects that will increase the flow of wages and income into the channels of trade and commerce; the assemblage and dissemination of commercial and economic information concerning the expansion; and encouragement of appropriate new housing development and improved housing conditions, while preserving the quality of the boro

35 Union StreetMorrisville, PA 19067-6246

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

75th percentile

21%

Higher net margin than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

58th percentile

1.8%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-88%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$251,885

Up $4,344 (+1.8%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$251,885

Up $4,344 (+1.8%) from 2023

Revenue

Down

$20,313

Down $145,805 (-88%) from 2023

Expenses

Up

$15,968

Up $2,090 (+15%) from 2023

Net Income

Down

$4,345

Down $147,895 (-97%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2023: $247,541Net Assets 2023: $247,5412023Assets 2024: $251,885Net Assets 2024: $251,8852024

Highlighted filing

2024

Assets$251,885
Liabilities-
Net Assets$251,885

Operations Trend

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

$200K$150K$100K$50K$0Revenue 2023: $166,118Expenses 2023: $13,878Net Income 2023: $152,2402023Revenue 2024: $20,313Expenses 2024: $15,968Net Income 2024: $4,3452024

Highlighted filing

2024

Revenue$20,313
Expenses$15,968
Net Income$4,345

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.0
Gross Receipts
$20,313
Mission and Program Overview

Mission

The purposes of the corporation are to promote the economic and general welfare of morrisville borough, pennsylvania by securing new industries, business, and commerce for the various morrisville borough neighborhoods; the promotion, growth and expansion of industries established in morrisville borough; the development and creation of more industrial jobs and larger industrial payrolls through the acquisition and improvement of sites and the erection of industrial buildings for new industries and distribution establishments; assistance, encouragement and promotion of appropriate proposed or projected industrial and commercial developments in morrisville borough and projects that will increase the flow of wages and income into the channels of trade and commerce; the assemblage and dissemination of commercial and economic information concerning the expansion; and encouragement of appropriate new housing development and improved housing conditions, while preserving the quality of the boro

Program Services

DescriptionGrantsExpenses
THE PURPOSES OF THE CORPORATION ARE TO PROMOTE THE ECONOMIC AND GENERAL WELFARE OF MORRISVILLE BOROUGH, PENNSYLVANIA BY SECURING NEW INDUSTRIES, BUSINESS, AND COMMERCE FOR THE VARIOUS MORRISVILLE BOROUGH NEIGHBORHOODS; THE PROMOTION, GROWTH AND EXPANSION OF INDUSTRIES ESTABLISHED IN MORRISVILLE BOROUGH; THE DEVELOPMENT AND CREATION OF MORE INDUSTRIAL JOBS AND LARGER INDUSTRIAL PAYROLLS THROUGH THE ACQUISITION AND IMPROVEMENT OF SITES AND THE ERECTION OF INDUSTRIAL BUILDINGS FOR NEW INDUSTRIES AND DISTRIBUTION ESTABLISHMENTS; ASSISTANCE, ENCOURAGEMENT AND PROMOTION OF APPROPRIATE PROPOSED OR PROJECTED INDUSTRIAL AND COMMERCIAL DEVELOPMENTS IN MORRISVILLE BOROUGH AND PROJECTS THAT WILL INCREASE THE FLOW OF WAGES AND INCOME INTO THE CHANNELS OF TRADE AND COMMERCE; THE ASSEMBLAGE AND DISSEMINATION OF COMMERCIAL AND ECONOMIC INFORMATION CONCERNING THE EXPANSION; AND ENCOURAGEMENT OF APPROPRIATE NEW HOUSING DEVELOPMENT AND IMPROVED HOUSING CONDITIONS, WHILE PRESERVING THE QUALITY OF THE BOROUGH'S RESIDENTIAL NEIGHBORHOODS. FOR THESE PURPOSES, THE CORPORATION SHALL HAVE THE RIGHT TO PURCHASE, OWN, LEASE, MORTGAGE, MANAGE, SELL, RENOVATE, REPAIR AND IMPROVE LAND AND BUILDINGS OR ANY INTEREST THEREIN AND TO CONSTRUCT NEW BUILDINGS, AND, IN GENERAL TO DO ALL THINGS NECESSARY, INCIDENTAL AND PROPER FOR ACCOMPLISHING SAID PURPOSES, INCLUDING THE BORROWING AND LENDING OF MONEY. IN ADDITION, THE CORPORATION SHALL FUNCTION AS A VEHICLE FOR COOPERATIVE PROJECTS FOR INTERCOMMUNITY COOPERATION.-$15,968
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBIN REITHMEYERChairpersonPT$0--
DON DIRETTOSecretary/VIPT$0--
JOAN F DIRETTO-WEIKTreasurerPT$0--
JOSEPH MCGOWANDirectorPT$0--
CURT KELLYDirectorPT$0--
JOHN DEWILDEDirectorPT$0--
FRANK MCCARTHYDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Morrisville Economic Development
EIN
23-2639287
Phone
2673124268
Address
35 UNION STREET, MORRISVILLE, PA 19067-6246

Signing Officer

Name
Joan F Diretto-weik
Title
Treasurer
Phone
2673124268
Signed
2025-05-13

Preparer

Firm
Brinker Simpson & Company LLC
Address
1400 N PROVIDENCE RD BLDG 2 STE 20, MEDIA, PA 19063
Preparer
Cathy Seiler CPA
Phone
6105445900
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promortion 7,723 computer expenses 156 liability insurance 404 contest prizes 368 miscellaneous 9 park entertainment 2,800 total 11,460

Form 990-ez, Part III

The purposes of the corporation are to promote the economic and general welfare of morrisville borough, pennsylvania by securing new industries, business, and commerce for the various morrisville borough neighborhoods; the promotion, growth and expansion of industries established in morrisville borough; the development and creation of more industrial jobs and larger industrial payrolls through the acquisition and improvement of sites and the erection of industrial buildings for new industries and distribution establishments; assistance, encouragement and promotion of appropriate proposed or projected industrial and commercial developments in morrisville borough and projects that will increase the flow of wages and income into the channels of trade and commerce; the assemblage and dissemination of commercial and economic information concerning the expansion; and encouragement of appropriate new housing development and improved housing conditions, while preserving the quality of the borough's residential neighborhoods. For these purposes, the corporation shall have the right to purchase, own, lease, mortgage, manage, sell, renovate, repair and improve land and buildings or any interest therein and to construct new buildings, and, in general to do all things necessary, incidental and proper for accomplishing said purposes, including the borrowing and lending of money. In addition, the corporation shall function as a vehicle for cooperative projects for intercommunity cooperation.

Form 990-ez, Part III, Line 28

The purposes of the corporation are to promote the economic and general welfare of morrisville borough, pennsylvania by securing new industries, business, and commerce for the various morrisville borough neighborhoods; the promotion, growth and expansion of industries established in morrisville borough; the development and creation of more industrial jobs and larger industrial payrolls through the acquisition and improvement of sites and the erection of industrial buildings for new industries and distribution establishments; assistance, encouragement and promotion of appropriate proposed or projected industrial and commercial developments in morrisville borough and projects that will increase the flow of wages and income into the channels of trade and commerce; the assemblage and dissemination of commercial and economic information concerning the expansion; and encouragement of appropriate new housing development and improved housing conditions, while preserving the quality of the borough's residential neighborhoods. For these purposes, the corporation shall have the right to purchase, own, lease, mortgage, manage, sell, renovate, repair and improve land and buildings or any interest therein and to construct new buildings, and, in general to do all things necessary, incidental and proper for accomplishing said purposes, including the borrowing and lending of money. In addition, the corporation shall function as a vehicle for cooperative projects for intercommunity cooperation.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PURPOSES OF THE CORPORATION ARE TO PROMOTE THE ECONOMIC AND GENERAL WELFARE OF MORRISVILLE BOROUGH, PENNSYLVANIA BY SECURING NEW INDUSTRIES, BUSINESS, AND COMMERCE FOR THE VARIOUS MORRISVILLE BOROUGH NEIGHBORHOODS; THE PROMOTION, GROWTH AND EXPANSION OF INDUSTRIES ESTABLISHED IN MORRISVILLE BOROUGH; THE DEVELOPMENT AND CREATION OF MORE INDUSTRIAL JOBS AND LARGER INDUSTRIAL PAYROLLS THROUGH THE ACQUISITION AND IMPROVEMENT OF SITES AND THE ERECTION OF INDUSTRIAL BUILDINGS FOR NEW INDUSTRIES AND DISTRIBUTION ESTABLISHMENTS; ASSISTANCE, ENCOURAGEMENT AND PROMOTION OF APPROPRIATE PROPOSED OR PROJECTED INDUSTRIAL AND COMMERCIAL DEVELOPMENTS IN MORRISVILLE BOROUGH AND PROJECTS THAT WILL INCREASE THE FLOW OF WAGES AND INCOME INTO THE CHANNELS OF TRADE AND COMMERCE; THE ASSEMBLAGE AND DISSEMINATION OF COMMERCIAL AND ECONOMIC INFORMATION CONCERNING THE EXPANSION; AND ENCOURAGEMENT OF APPROPRIATE NEW HOUSING DEVELOPMENT AND IMPROVED HOUSING CONDITIONS, WHILE PRESERVING THE QUALITY OF THE BOROUGH'S RESIDENTIAL NEIGHBORHOODS. FOR THESE PURPOSES, THE CORPORATION SHALL HAVE THE RIGHT TO PURCHASE, OWN, LEASE, MORTGAGE, MANAGE, SELL, RENOVATE, REPAIR AND IMPROVE LAND AND BUILDINGS OR ANY INTEREST THEREIN AND TO CONSTRUCT NEW BUILDINGS, AND, IN GENERAL TO DO ALL THINGS NECESSARY, INCIDENTAL AND PROPER FOR ACCOMPLISHING SAID PURPOSES, INCLUDING THE BORROWING AND LENDING OF MONEY. IN ADDITION, THE CORPORATION SHALL FUNCTION AS A VEHICLE FOR COOPERATIVE PROJECTS FOR INTERCOMMUNITY COOPERATION.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMORTION 7,723 COMPUTER EXPENSES 156 LIABILITY INSURANCE 404 CONTEST PRIZES 368 MISCELLANEOUS 9 PARK ENTERTAINMENT 2,800 TOTAL 11,460
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PURPOSES OF THE CORPORATION ARE TO PROMOTE THE ECONOMIC AND GENERAL WELFARE OF MORRISVILLE BOROUGH, PENNSYLVANIA BY SECURING NEW INDUSTRIES, BUSINESS, AND COMMERCE FOR THE VARIOUS MORRISVILLE BOROUGH NEIGHBORHOODS; THE PROMOTION, GROWTH AND EXPANSION OF INDUSTRIES ESTABLISHED IN MORRISVILLE BOROUGH; THE DEVELOPMENT AND CREATION OF MORE INDUSTRIAL JOBS AND LARGER INDUSTRIAL PAYROLLS THROUGH THE ACQUISITION AND IMPROVEMENT OF SITES AND THE ERECTION OF INDUSTRIAL BUILDINGS FOR NEW INDUSTRIES AND DISTRIBUTION ESTABLISHMENTS; ASSISTANCE, ENCOURAGEMENT AND PROMOTION OF APPROPRIATE PROPOSED OR PROJECTED INDUSTRIAL AND COMMERCIAL DEVELOPMENTS IN MORRISVILLE BOROUGH AND PROJECTS THAT WILL INCREASE THE FLOW OF WAGES AND INCOME INTO THE CHANNELS OF TRADE AND COMMERCE; THE ASSEMBLAGE AND DISSEMINATION OF COMMERCIAL AND ECONOMIC INFORMATION CONCERNING THE EXPANSION; AND ENCOURAGEMENT OF APPROPRIATE NEW HOUSING DEVELOPMENT AND IMPROVED HOUSING CONDITIONS, WHILE PRESERVING THE QUALITY OF THE BOROUGH'S RESIDENTIAL NEIGHBORHOODS. FOR THESE PURPOSES, THE CORPORATION SHALL HAVE THE RIGHT TO PURCHASE, OWN, LEASE, MORTGAGE, MANAGE, SELL, RENOVATE, REPAIR AND IMPROVE LAND AND BUILDINGS OR ANY INTEREST THEREIN AND TO CONSTRUCT NEW BUILDINGS, AND, IN GENERAL TO DO ALL THINGS NECESSARY, INCIDENTAL AND PROPER FOR ACCOMPLISHING SAID PURPOSES, INCLUDING THE BORROWING AND LENDING OF MONEY. IN ADDITION, THE CORPORATION SHALL FUNCTION AS A VEHICLE FOR COOPERATIVE PROJECTS FOR INTERCOMMUNITY COOPERATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PURPOSES OF THE CORPORATION ARE TO PROMOTE THE ECONOMIC AND GENERAL WELFARE OF MORRISVILLE BOROUGH, PENNSYLVANIA BY SECURING NEW INDUSTRIES, BUSINESS, AND COMMERCE FOR THE VARIOUS MORRISVILLE BOROUGH NEIGHBORHOODS; THE PROMOTION, GROWTH AND EXPANSION OF INDUSTRIES ESTABLISHED IN MORRISVILLE BOROUGH; THE DEVELOPMENT AND CREATION OF MORE INDUSTRIAL JOBS AND LARGER INDUSTRIAL PAYROLLS THROUGH THE ACQUISITION AND IMPROVEMENT OF SITES AND THE ERECTION OF INDUSTRIAL BUILDINGS FOR NEW INDUSTRIES AND DISTRIBUTION ESTABLISHMENTS; ASSISTANCE, ENCOURAGEMENT AND PROMOTION OF APPROPRIATE PROPOSED OR PROJECTED INDUSTRIAL AND COMMERCIAL DEVELOPMENTS IN MORRISVILLE BOROUGH AND PROJECTS THAT WILL INCREASE THE FLOW OF WAGES AND INCOME INTO THE CHANNELS OF TRADE AND COMMERCE; THE ASSEMBLAGE AND DISSEMINATION OF COMMERCIAL AND ECONOMIC INFORMATION CONCERNING THE EXPANSION; AND ENCOURAGEMENT OF APPROPRIATE NEW HOUSING DEVELOPMENT AND IMPROVED HOUSING CONDITIONS, WHILE PRESERVING THE QUALITY OF THE BOROUGH'S RESIDENTIAL NEIGHBORHOODS. FOR THESE PURPOSES, THE CORPORATION SHALL HAVE THE RIGHT TO PURCHASE, OWN, LEASE, MORTGAGE, MANAGE, SELL, RENOVATE, REPAIR AND IMPROVE LAND AND BUILDINGS OR ANY INTEREST THEREIN AND TO CONSTRUCT NEW BUILDINGS, AND, IN GENERAL TO DO ALL THINGS NECESSARY, INCIDENTAL AND PROPER FOR ACCOMPLISHING SAID PURPOSES, INCLUDING THE BORROWING AND LENDING OF MONEY. IN ADDITION, THE CORPORATION SHALL FUNCTION AS A VEHICLE FOR COOPERATIVE PROJECTS FOR INTERCOMMUNITY COOPERATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
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