Civic Intelligence

Lehigh Valley Economic Investment

990 • Fiscal year 2015 • EIN 23-6296874

Jan 01, 2015 to Dec 31, 2015 • Filed on May 05, 2016

Organization ProfileN/A
2158 Avenue C No 200Bethlehem, PA 18017

(610) 266-6775

Siviq Scores

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

Liabilities / Assets

71st percentile

0.21x

Higher debt load relative to assets than 71% of similar nonprofits.

2015 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

97th percentile

4.92x

Higher debt load relative to revenue than 97% of similar nonprofits.

2015 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2015

Net Margin

9th percentile

-30%

Higher net margin than 9% of similar nonprofits.

2015 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

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

2015 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2015

Asset Growth

38th percentile

-1.5%

Faster asset growth than 38% of similar nonprofits.

2015 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

11th percentile

-29%

Faster revenue growth than 11% of similar nonprofits.

2015 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$760,285

Down $11,187 (-1.5%) from 2014

Net Assets

Up

$600,741

Up $5,160 (+0.9%) from 2014

Liabilities

Down

$159,544

Down $16,347 (-9.3%) from 2014

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin9th percentile

Revenue

Down

$32,413

Down $13,308 (-29%) from 2014

Expenses

Down

$42,218

Down $4,306 (-9.3%) from 2014

Net Income

Down

-$9,805

Down $9,002 (-1121%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $795,901Liabilities 2011: $61,307Net Assets 2011: $734,5942011Assets 2012: $793,038Liabilities 2012: $188,504Net Assets 2012: $604,5342012Assets 2013: $782,733Liabilities 2013: $184,349Net Assets 2013: $598,3842013Assets 2014: $771,472Liabilities 2014: $175,891Net Assets 2014: $595,5812014Assets 2015: $760,285Liabilities 2015: $159,544Net Assets 2015: $600,7412015Assets 2016: $753,007Liabilities 2016: $144,852Net Assets 2016: $608,1552016Assets 2017: $754,709Liabilities 2017: $156,579Net Assets 2017: $598,1302017Assets 2018: $1,595,331Liabilities 2018: $707,495Net Assets 2018: $887,8362018Assets 2019: $1,588,484Liabilities 2019: $685,943Net Assets 2019: $902,5412019Assets 2020: $1,578,884Liabilities 2020: $669,130Net Assets 2020: $909,7542020Assets 2021: $1,559,448Liabilities 2021: $639,923Net Assets 2021: $919,5252021Assets 2022: $1,570,480Liabilities 2022: $618,445Net Assets 2022: $952,0352022Assets 2023: $1,634,783Liabilities 2023: $599,464Net Assets 2023: $1,035,3192023Assets 2024: $1,704,717Liabilities 2024: $574,171Net Assets 2024: $1,130,5462024

Highlighted filing

2015

Assets$760,285
Liabilities$159,544
Net Assets$600,741
Open 2015 Filing

Operations Trend

Revenue Growth11th percentile

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

$200K$150K$100K$50K$0-$50KExpenses 2011: $64,3482011Expenses 2012: $175,1312012Revenue 2013: $36,818Expenses 2013: $42,968Net Income 2013: -$6,1502013Revenue 2014: $45,721Expenses 2014: $46,524Net Income 2014: -$8032014Revenue 2015: $32,413Expenses 2015: $42,218Net Income 2015: -$9,8052015Revenue 2016: $42,625Expenses 2016: $47,393Net Income 2016: -$4,7682016Revenue 2017: $45,849Expenses 2017: $56,241Net Income 2017: -$10,3922017Revenue 2018: $124,276Expenses 2018: $92,149Net Income 2018: $32,1272018Revenue 2019: $75,217Expenses 2019: $60,512Net Income 2019: $14,7052019Revenue 2020: $144,666Expenses 2020: $137,453Net Income 2020: $7,2132020Revenue 2021: $76,669Expenses 2021: $66,898Net Income 2021: $9,7712021Revenue 2022: $118,671Expenses 2022: $86,161Net Income 2022: $32,5102022Revenue 2023: $178,294Expenses 2023: $95,010Net Income 2023: $83,2842023Revenue 2024: $184,405Expenses 2024: $89,178Net Income 2024: $95,2272024

Highlighted filing

2015

Revenue$32,413
Expenses$42,218
Net Income-$9,805
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 5, 2016
Return Version
2015v2.1
Gross Receipts
$32,413
Mission and Program Overview

Mission

Lehigh valley economic investment corporation functions to finance the expansion and relocation of business within lehigh and northampton counties by acting as an intermediary between equitable owners and financial institutions and/or certain pennsylvania economic development financing programs and/or related entities including, but not limited to, the pennsylvania industrial development authority and the small business first fund.

Intermediary to help finance the expansion and relocation of businesses within lehigh county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$722,844$703,550▼ $19,294
Other Notes and Loans Receivable, Net$40,000$40,000→ $0
Cash and Non-Interest-Bearing Accounts$7,290$15,069▲ $7,779
Accounts Receivable$500$860▲ $360
Prepaid Expenses and Deferred Charges$838$806▼ $32
Total Assets$771,472$760,285▼ $11,187
Liabilities
Other Liabilities$116,692$101,727▼ $14,965
Unsecured Notes Loans Payable$57,707$57,707→ $0
Accounts Payable and Accrued Expenses$1,492$110▼ $1,382
Total Liabilities$175,891$159,544▼ $16,347
Net Assets / Fund Balance
Unrestricted Net Assets$595,581$600,741▲ $5,160
Total Net Assets Fund Balance$595,581$600,741▲ $5,160
Total Liabilities and Net Assets / Fund Balance$771,472$760,285▼ $11,187
Compensation and Service Providers
Top Officer Pay67th percentile

Board Members and Trustees

NameTitle
Harry McguirkPresident
Keith BachmanSecond Vice President
Francis HackettVice President
Amy HawleyDirector
Denise MccallDirector
Frank SmithDirector
George ReitzDirector
Jim StortzDirector
Kevin CampbellDirector
Raymond SuhockiDirector
Brian CookAssistant Secretary
Christopher BrownAssistant Treasurer
James GentileSecretary
Chris PersichettiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$13,500
Program Service Revenue
$16,916
Investment Income
$1,997
Other Revenue
$0
Change in Net Assets
$-9,805

Audited Revenue Reconciliation

Revenue per Audited Statements
$32,413
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$14,965
Total Revenue per Audited Statements
$47,378
Total Revenue per Form 990
$32,413
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$42,218
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$30,000-$30,000
Fees for Services Accounting-$4,215-$4,215
Insurance-$1,321-$1,321
Fees for Services Other-$567-$567
Fees for Services Legal-$198-$198
Other Expenses-$42-$42
Total Functional Expenses$0$42,218$0$42,218

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$42,218
Total Expenses per Audited Statements$42,218
Total Expenses per Form 990$42,218
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Pida Loan Liability$101,727
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Lehigh's economic advancement project, inc. Has a management agreement whereby lehigh valley economic development corporation is appointed as the management agent and administrator for leap.”

Form 990, Part VI, Section B, Line 11

“A draft of the 990 is scanned and emailed to the board for review as soon as it provided to the organization by the accountants.”

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

“When potential conflicts of interests arise, personnel of the management entity are encouraged to disclose them to the vice president of economic development financing, prior to any transaction being consumated. Potential conflicts of interest in relations to board members and officers are to be disclosed to the executive committee of the leap board.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, financial statements, and 990 available upon request. The organization has a written conflict of interest policy available upon request.”

Filing and Contact Details

Filer

Filer Name
LEHIGH'S ECONOMIC ADVANCEMENT
EIN
23-6296874
Phone
6102666775
Address
2158 AVENUE C NO 200, BETHLEHEM, PA 18017

Signing Officer

Name
Harry Mcguirk
Title
President
Phone
6102666775
Signed
2016-05-05

Organization Details

Principal Officer
Harry Mcguirk
Formed
1961
Legal Domicile
Pa
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

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:

“Loan contingency gain 14,965.”

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal income taxes under the provision of section 501(c)(4) 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 organization's financial statements and prescribes a recognition threshold of more-than-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 organization had no material unrecognized tax benefits or accrued interest or penalties. The organization files income tax returns in the united states. The organization is no longer subject to u.s. Federal examinations by taxing authorities for years before 2012.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Loan contingency gain 14,965.”

Raw XML Appendix398 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECOND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/OtherLiabilitiesGrp/BOYAmt0116692
IRS990/OtherLiabilitiesGrp/EOYAmt0101727
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt040000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt040000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0838
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0806
IRS990/PrincipalOfficerNm0HARRY MCGUIRK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE/APPLICATION FE
IRS990/ProgramServiceRevenueGrp/Desc1LOAN MAINTENANCE FEES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER LOAN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15128
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt238
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15128
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt238
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt013500
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01582
IRS990/PYOtherExpensesAmt046524
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt030639
IRS990/PYRevenuesLessExpensesAmt0-803
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt046524
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt045721
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-9805
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt016916
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0722844
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0703550
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt042218
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0101727
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PIDA LOAN LIABILITY
IRS990ScheduleD/OtherRevenueAmt014965
IRS990ScheduleD/RevenueNotReportedAmt014965
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt032413
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISION OF SECTION 501(C)(4) 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 ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD OF MORE-THAN-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 ORGANIZATION HAD NO MATERIAL UNRECOGNIZED TAX BENEFITS OR ACCRUED INTEREST OR PENALTIES. THE ORGANIZATION FILES INCOME TAX RETURNS IN THE UNITED STATES. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2012.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOAN CONTINGENCY GAIN 14,965.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt042218
IRS990ScheduleD/TotalLiabilityAmt0101727
IRS990ScheduleD/TotalRevenuePerForm990Amt032413
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt047378
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt042218
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LEHIGH'S ECONOMIC ADVANCEMENT PROJECT, INC. HAS A MANAGEMENT AGREEMENT WHEREBY LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION IS APPOINTED AS THE MANAGEMENT AGENT AND ADMINISTRATOR FOR LEAP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE 990 IS SCANNED AND EMAILED TO THE BOARD FOR REVIEW AS SOON AS IT PROVIDED TO THE ORGANIZATION BY THE ACCOUNTANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WHEN POTENTIAL CONFLICTS OF INTERESTS ARISE, PERSONNEL OF THE MANAGEMENT ENTITY ARE ENCOURAGED TO DISCLOSE THEM TO THE VICE PRESIDENT OF ECONOMIC DEVELOPMENT FINANCING, PRIOR TO ANY TRANSACTION BEING CONSUMATED. POTENTIAL CONFLICTS OF INTEREST IN RELATIONS TO BOARD MEMBERS AND OFFICERS ARE TO BE DISCLOSED TO THE EXECUTIVE COMMITTEE OF THE LEAP BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND 990 AVAILABLE UPON REQUEST. THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LOAN CONTINGENCY GAIN 14,965.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0771472
IRS990/TotalAssetsEOYAmt0760285
IRS990/TotalAssetsGrp/BOYAmt0771472
IRS990/TotalAssetsGrp/EOYAmt0760285
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt013500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt042218
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt042218
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0175891
IRS990/TotalLiabilitiesEOYAmt0159544
IRS990/TotalLiabilitiesGrp/BOYAmt0175891
IRS990/TotalLiabilitiesGrp/EOYAmt0159544
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0595581
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0600741
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt016916
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01997
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt016916
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt032413
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0771472
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0760285
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0595581
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0600741
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt057707
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt057707
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02158 AVENUE C STE 200
IRS990/USAddress/CityNm0BETHLEHEM
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd018017
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HARRY MCGUIRK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06102666775
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEHIGH'S ECONOMIC ADVANCEMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0LEHI
ReturnHeader/Filer/EIN0236296874
ReturnHeader/Filer/PhoneNum06102666775
ReturnHeader/Filer/USAddress/AddressLine1Txt02158 AVENUE C NO 200
ReturnHeader/Filer/USAddress/CityNm0BETHLEHEM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd018017
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0231386942
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CAMPBELL RAPPOLD & YURASITS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01033 S CEDAR CREST BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALLENTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0181035443
ReturnHeader/PreparerPersonGrp/PhoneNum06104357489
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN R ZAYAITZ CPA
ReturnHeader/ReturnTs02016-05-12T13:06:08-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$760,285
Liabilities
$159,544
Net assets
$600,741
Revenue
$32,413
Expenses
$42,218
Net income
-$9,805
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.57$1.13$0.18$0.09$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$0.60$1.04$0.18$0.10$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.57$0.62$0.95$0.12$0.09$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.56$0.64$0.92$0.08$0.07$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.58$0.67$0.91$0.14$0.14$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.59$0.69$0.90$0.08$0.06$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.71$0.89$0.12$0.09$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.16$0.60$0.05$0.06$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.14$0.61$0.04$0.05$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.76$0.16$0.60$0.03$0.04$0.01
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.18$0.60$0.05$0.05$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.78$0.18$0.60$0.04$0.04$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.19$0.60$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.06$0.73$0.06