Civic Intelligence

Somerset County Economic Development Council

990 • Fiscal year 2019 • EIN 25-6010909

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

Organization ProfileWWW.SCEDC.NET
PO Box 48Somerset, PA 15501

(814) 445-9655

Siviq Scores

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

Liabilities / Assets

24th percentile

0.03x

Higher debt load relative to assets than 24% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

76th percentile

0.39x

Higher debt load relative to revenue than 76% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Net Margin

6th percentile

-18%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

24th percentile

-2.1%

Faster asset growth than 24% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

1st percentile

-55%

Faster revenue growth than 1% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets24th percentile

Assets

Down

$1,900,689

Down $40,784 (-2.1%) from 2018

Net Assets

Down

$1,850,879

Down $22,939 (-1.2%) from 2018

Liabilities

Down

$49,810

Down $17,845 (-26%) from 2018

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin6th percentile

Revenue

Down

$128,100

Down $157,166 (-55%) from 2018

Expenses

Down

$151,039

Down $144,232 (-49%) from 2018

Net Income

Down

-$22,939

Down $12,934 (-129%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$3.0M$2.0M$1.0M$0Assets 2012: $2,651,696Liabilities 2012: $492,751Net Assets 2012: $2,158,9452012Assets 2013: $2,496,624Liabilities 2013: $453,989Net Assets 2013: $2,042,6352013Assets 2014: $2,091,724Liabilities 2014: $182,222Net Assets 2014: $1,909,5022014Assets 2015: $2,069,678Liabilities 2015: $187,670Net Assets 2015: $1,882,0082015Assets 2016: $1,992,268Liabilities 2016: $147,777Net Assets 2016: $1,844,4912016Assets 2017: $2,082,876Liabilities 2017: $199,053Net Assets 2017: $1,883,8232017Assets 2018: $1,941,473Liabilities 2018: $67,655Net Assets 2018: $1,873,8182018Assets 2019: $1,900,689Liabilities 2019: $49,810Net Assets 2019: $1,850,8792019Assets 2020: $1,877,290Liabilities 2020: $36,957Net Assets 2020: $1,840,3332020Assets 2021: $1,874,127Liabilities 2021: $8,735Net Assets 2021: $1,865,3922021Assets 2022: $1,922,592Liabilities 2022: $7,856Net Assets 2022: $1,914,7362022Assets 2023: $150,032Liabilities 2023: $4,147Net Assets 2023: $145,8852023Assets 2024: $144,130Liabilities 2024: $4,190Net Assets 2024: $139,9402024

Highlighted filing

2019

Assets$1,900,689
Liabilities$49,810
Net Assets$1,850,879
Open 2019 Filing

Operations Trend

Revenue Growth1st percentile

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

$1.0M$0-$1.0M-$2.0MExpenses 2012: $232,8072012Revenue 2013: $125,490Expenses 2013: $241,800Net Income 2013: -$116,3102013Revenue 2014: $63,784Expenses 2014: $196,917Net Income 2014: -$133,1332014Revenue 2015: $128,212Expenses 2015: $155,706Net Income 2015: -$27,4942015Revenue 2016: $138,473Expenses 2016: $175,990Net Income 2016: -$37,5172016Revenue 2017: $263,221Expenses 2017: $223,890Net Income 2017: $39,3312017Revenue 2018: $285,266Expenses 2018: $295,271Net Income 2018: -$10,0052018Revenue 2019: $128,100Expenses 2019: $151,039Net Income 2019: -$22,9392019Revenue 2020: $157,341Expenses 2020: $167,887Net Income 2020: -$10,5462020Revenue 2021: $93,709Expenses 2021: $68,650Net Income 2021: $25,0592021Revenue 2022: $74,120Expenses 2022: $24,776Net Income 2022: $49,3442022Revenue 2023: -$1,541,086Expenses 2023: $227,765Net Income 2023: -$1,768,8512023Revenue 2024: $0Expenses 2024: $5,945Net Income 2024: -$5,9452024

Highlighted filing

2019

Revenue$128,100
Expenses$151,039
Net Income-$22,939
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$130,600
Mission and Program Overview

Mission

The organization was created for the economic development of somerset county, pennsylvania, with it's mission to promote industrial, commercial and retail growth in the county by recruiting and assisting new firms to locate in the county, while helping existing companies to retain or expand employment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,632,037$1,630,037▼ $2,000
Other Notes and Loans Receivable, Net$130,072$131,866▲ $1,794
Cash and Non-Interest-Bearing Accounts$142,846$119,560▼ $23,286
Accounts Receivable$620$13,120▲ $12,500
Prepaid Expenses and Deferred Charges$2,781$4,853▲ $2,072
Savings and Temporary Cash Investments$33,117$1,253▼ $31,864
Total Assets$1,941,473$1,900,689▼ $40,784
Liabilities
Deferred Revenue$54,157$33,418▼ $20,739
Accounts Payable and Accrued Expenses$13,498$16,392▲ $2,894
Total Liabilities$67,655$49,810▼ $17,845
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,659,122$1,637,003▼ $22,119
Net Assets With Donor Restrictions$214,696$213,876▼ $820
Total Net Assets Fund Balance$1,873,818$1,850,879▼ $22,939
Total Liabilities and Net Assets / Fund Balance$1,941,473$1,900,689▼ $40,784

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,630,037-$1,630,037
Equipment-$66,474$66,474
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Ruston OgburnPresident
Adam BowersDirector
Brandon HillegasDirector
Cassie MoonDirector
Chris BurtnerDirector
Gerald WalkerDirector
J C DanhiresDirector
Jeremy HooverDirector
Kathy BerkebileDirector
Matthew LivingoodDirector
Ned KendallDirector
Pamela Tokar-ickesDirector
Steven BuncichDirector
G Henry Cook1st Vice Pre
Walter AsonevichSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$93,610
Program Service Revenue
$4,351
Investment Income
$22,534
Other Revenue
$7,605
Change in Net Assets
$-22,939
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$94,531
Other Expenses$56,508
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$75,124--$75,124
Fees for Services Accounting$24,512--$24,512
Other Employee Benefits$11,106--$11,106
Occupancy$10,119--$10,119
Office Expenses$9,250--$9,250
Payroll Taxes$8,301--$8,301
Insurance$3,852--$3,852
Conferences and Meetings$1,175--$1,175
Other Expenses$94--$94
Total Functional Expenses$151,039$0$0$151,039
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“Organization has members who pay membership fees based on type of entity.”

Form 990, Page 6, Part VI, Line 7A

“Directors are elected by the organization membership”

Form 990, Page 6, Part VI, Line 11B

“A copy of the form 990 is provided to the council offices for review and approval prior to filing.”

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

“Each officer/director/employee is given a copy of the code of ethics which includes the conflict of interest policy. The code of ethics requires conflicts of interest to be disclosed by the respective officer/director/employee and prohibits such individual from participating in deliberations and voting on actions concerning such matter. The disclosure shall be made part of the minutes of the organization. The policy calls for disciplinary action if required conflict of interest disclosure is not made.”

Form 990, Page 6, Part VI, Line 18

“Governing documents and forms 990 are available to public for review upon request at the council offices in somerset, pa”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Somerset County Economic Developmen
EIN
25-6010909
Phone
8144459655
Address
PO BOX 48, SOMERSET, PA 15501

Signing Officer

Name
Joshua Boland
Title
Executive Director
Phone
8144459655
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua Boland
Formed
1957
Legal Domicile
Pa
Voting Board Members
16
Independent Board Members
16
Employees
3

Preparer

Firm
Barnes Saly & Company Pc
Address
637 FERNDALE AVENUE SUITE 100, JOHNSTOWN, PA 15905-3999
Preparer
Michelle P Moon CPA
Phone
8142881544
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The organization was created for the economic development of somerset county, pennsylvania, with it's mission to promote industrial, commercial and retail growth in the county by recruiting and assisting new firms to locate in the county, while helping existing companies to retain or expand employment.”

Raw XML Appendix374 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/BOYAmt013498
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016392
IRS990/AccountsReceivableGrp/BOYAmt0620
IRS990/AccountsReceivableGrp/EOYAmt013120
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGANIZATION WAS CREATED FOR THE ECONOMIC DEVELOPMENT OF SOMERSET COUNTY, PENNSYLVANIA, WITH IT'S MISSION TO PROMOTE INDUSTRIAL, COMMERCIAL AND RETAIL GROWTH IN THE COUNTY BY RECRUITING AND ASSISTING NEW FIRMS TO LOCATE IN THE COUNTY, WHILE HELPING EXISTING COMPANIES TO RETAIN OR EXPAND EMPLOYMENT.
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0TREASURER
IRS990/BooksInCareOfDetail/PhoneNum08144459655
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0125 N CENTER AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SOMSERSET
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd015501
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0142846
IRS990/CashNonInterestBearingGrp/EOYAmt0119560
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01175
IRS990/ConferencesMeetingsGrp/TotalAmt01175
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt093610
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt022534
IRS990/CYOtherExpensesAmt056508
IRS990/CYOtherRevenueAmt07605
IRS990/CYProgramServiceRevenueAmt04351
IRS990/CYRevenuesLessExpensesAmt0-22939
IRS990/CYSalariesCompEmpBnftPaidAmt094531
IRS990/CYTotalExpensesAmt0151039
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0128100
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt054157
IRS990/DeferredRevenueGrp/EOYAmt033418
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0ECONOMIC DEVELOPMENT OF SOMERSET COUNTY, PENNSYLVANA - TO CREATE JOBS BY PROVIDING THE DEVELOPMENT AND SALE OF INDUSTRIAL/BUSINESS PARK LAND AND TO PROMOTE BUSINESS RELOCATION TO SOMERSET COUNTY, ASSISTING BUSINESSES TO OBTAIN FINANCING AND OPERATING A MICRO-REVOLVING LOAN FUND FOR NEW BUSINESSES AS WELL AS ASSISTING BUSINESSES TO RETAIN OR EXPAND EMPLOYMENT.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0214696
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0213876
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt024512
IRS990/FeesForServicesAccountingGrp/TotalAmt024512
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0WALTER ASONEVICH
IRS990/Form990PartVIISectionAGrp/PersonNm1KATHY BERKEBILE
IRS990/Form990PartVIISectionAGrp/PersonNm2ADAM BOWERS
IRS990/Form990PartVIISectionAGrp/PersonNm3STEVEN BUNCICH
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRIS BURTNER
IRS990/Form990PartVIISectionAGrp/PersonNm5G HENRY COOK
IRS990/Form990PartVIISectionAGrp/PersonNm6J C DANHIRES
IRS990/Form990PartVIISectionAGrp/PersonNm7BRANDON HILLEGAS
IRS990/Form990PartVIISectionAGrp/PersonNm8JEREMY HOOVER
IRS990/Form990PartVIISectionAGrp/PersonNm9NED KENDALL
IRS990/Form990PartVIISectionAGrp/PersonNm10MATTHEW LIVINGOOD
IRS990/Form990PartVIISectionAGrp/PersonNm11CASSIE MOON
IRS990/Form990PartVIISectionAGrp/PersonNm12RUSTON OGBURN
IRS990/Form990PartVIISectionAGrp/PersonNm13PAMELA TOKAR-ICKES
IRS990/Form990PartVIISectionAGrp/PersonNm14GERALD WALKER
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/ReportableCompFromOrgAmt140
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/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt51ST VICE PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01957
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt022500
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GovernmentGrantsAmt092460
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt025000
IRS990/GrossReceiptsAmt0130600
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt016
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt03852
IRS990/InsuranceGrp/TotalAmt03852
IRS990/InvestmentIncomeGrp/ExclusionAmt034
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt034
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt066474
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01632037
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01630037
IRS990/LandBldgEquipCostOrOtherBssAmt01696511
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt02500
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt01150
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION WAS CREATED FOR THE ECONOMIC DEVELOPMENT OF SOMERSET COUNTY, PENNSYLVANIA, WITH IT'S MISSION TO PROMOTE INDUSTRIAL, COMMERCIAL AND RETAIL GROWTH IN THE COUNTY BY RECRUITING AND ASSISTING NEW FIRMS TO LOCATE IN THE COUNTY, WHILE HELPING EXISTING COMPANIES TO RETAIN OR EXPAND EMPLOYMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01873818
IRS990/NetAssetsOrFundBalancesEOYAmt01850879
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt022500
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt022500
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01659122
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01637003
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt010119
IRS990/OccupancyGrp/TotalAmt010119
IRS990/OfficeExpensesGrp/ProgramServicesAmt09250
IRS990/OfficeExpensesGrp/TotalAmt09250
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011106
IRS990/OtherEmployeeBenefitsGrp/TotalAmt011106
IRS990/OtherExpensesGrp/Desc0FUNDS RETURNED
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc2PARKING
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt06238
IRS990/OtherExpensesGrp/ProgramServicesAmt1933
IRS990/OtherExpensesGrp/ProgramServicesAmt2335
IRS990/OtherExpensesGrp/ProgramServicesAmt394
IRS990/OtherExpensesGrp/TotalAmt06238
IRS990/OtherExpensesGrp/TotalAmt1933
IRS990/OtherExpensesGrp/TotalAmt2335
IRS990/OtherExpensesGrp/TotalAmt394
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07605
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07605
IRS990/OtherRevenueTotalAmt07605
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt075124
IRS990/OtherSalariesAndWagesGrp/TotalAmt075124
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0130072
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0131866
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt08301
IRS990/PayrollTaxesGrp/TotalAmt08301
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02781
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04853
IRS990/PrincipalOfficerNm0JOSHUA BOLAND
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MICRO-REV LOAN FUND INT/FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04351
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04351
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0280486
IRS990/PYInvestmentIncomeAmt0392
IRS990/PYOtherExpensesAmt0195068
IRS990/PYOtherRevenueAmt0843
IRS990/PYProgramServiceRevenueAmt03545
IRS990/PYRevenuesLessExpensesAmt0-10005
IRS990/PYSalariesCompEmpBnftPaidAmt0100203
IRS990/PYTotalExpensesAmt0295271
IRS990/PYTotalRevenueAmt0285266
IRS990/ReconcilationRevenueExpnssAmt0-22939
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt033117
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01253
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt066474
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt066474
IRS990ScheduleD/LandGrp/BookValueAmt01630037
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01630037
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01630037
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION WAS CREATED FOR THE ECONOMIC DEVELOPMENT OF SOMERSET COUNTY, PENNSYLVANIA, WITH IT'S MISSION TO PROMOTE INDUSTRIAL, COMMERCIAL AND RETAIL GROWTH IN THE COUNTY BY RECRUITING AND ASSISTING NEW FIRMS TO LOCATE IN THE COUNTY, WHILE HELPING EXISTING COMPANIES TO RETAIN OR EXPAND EMPLOYMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION HAS MEMBERS WHO PAY MEMBERSHIP FEES BASED ON TYPE OF ENTITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTORS ARE ELECTED BY THE ORGANIZATION MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE FORM 990 IS PROVIDED TO THE COUNCIL OFFICES FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH OFFICER/DIRECTOR/EMPLOYEE IS GIVEN A COPY OF THE CODE OF ETHICS WHICH INCLUDES THE CONFLICT OF INTEREST POLICY. THE CODE OF ETHICS REQUIRES CONFLICTS OF INTEREST TO BE DISCLOSED BY THE RESPECTIVE OFFICER/DIRECTOR/EMPLOYEE AND PROHIBITS SUCH INDIVIDUAL FROM PARTICIPATING IN DELIBERATIONS AND VOTING ON ACTIONS CONCERNING SUCH MATTER. THE DISCLOSURE SHALL BE MADE PART OF THE MINUTES OF THE ORGANIZATION. THE POLICY CALLS FOR DISCIPLINARY ACTION IF REQUIRED CONFLICT OF INTEREST DISCLOSURE IS NOT MADE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS AND FORMS 990 ARE AVAILABLE TO PUBLIC FOR REVIEW UPON REQUEST AT THE COUNCIL OFFICES IN SOMERSET, PA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01941473
IRS990/TotalAssetsEOYAmt01900689
IRS990/TotalAssetsGrp/BOYAmt01941473
IRS990/TotalAssetsGrp/EOYAmt01900689
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt093610
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0151039
IRS990/TotalFunctionalExpensesGrp/TotalAmt0151039
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt067655
IRS990/TotalLiabilitiesEOYAmt049810
IRS990/TotalLiabilitiesGrp/BOYAmt067655
IRS990/TotalLiabilitiesGrp/EOYAmt049810
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01873818
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01850879
IRS990/TotalProgramServiceRevenueAmt04351
IRS990/TotalRevenueGrp/ExclusionAmt034
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt034456
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0128100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01941473
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01900689
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WebsiteAddressTxt0WWW.SCEDC.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSHUA BOLAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08144459655
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOMERSET COUNTY ECONOMIC DEVELOPMEN
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COUNCIL
ReturnHeader/Filer/BusinessNameControlTxt0SOME
ReturnHeader/Filer/EIN0256010909
ReturnHeader/Filer/PhoneNum08144459655
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 48
ReturnHeader/Filer/USAddress/CityNm0SOMERSET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd015501
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B36BDA33A7ED809A29A7A70D3883BF18274B6AAA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId050A3EC4A50A1F23300372512C3A82BF6167F18A4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0138.207.255.226
ReturnHeader/FilingSecurityInformation/IPDt02020-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm013:56:30
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364775872
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARNES SALY & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0637 FERNDALE AVENUE SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JOHNSTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0159053999
ReturnHeader/PreparerPersonGrp/PhoneNum08142881544
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE P MOON CPA
ReturnHeader/ReturnTs02020-11-13T13:56:30-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,900,689
Liabilities
$49,810
Net assets
$1,850,879
Revenue
$128,100
Expenses
$151,039
Net income
-$22,939
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.00$0.14$0.00$0.01$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$1.54$0.23$1.77
2022Detailed filing. Detailed filing data is available for this year.$1.92$0.01$1.91$0.07$0.02$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.87$0.01$1.87$0.09$0.07$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.88$0.04$1.84$0.16$0.17$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.90$0.05$1.85$0.13$0.15$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.94$0.07$1.87$0.29$0.30$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.08$0.20$1.88$0.26$0.22$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.99$0.15$1.84$0.14$0.18$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.07$0.19$1.88$0.13$0.16$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.09$0.18$1.91$0.06$0.20$0.13
2013Detailed filing. Detailed filing data is available for this year.$2.50$0.45$2.04$0.13$0.24$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$0.49$2.16$0.23