Civic Intelligence

Somerset County Economic Development Council

990 • Fiscal year 2012 • EIN 25-6010909

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 15, 2013

Organization ProfileWWW.SCEDC.NET
PO Box 4815501
Siviq Scores

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

Liabilities / Assets

48th percentile

0.19x

Higher debt load relative to assets than 48% of similar nonprofits.

2012 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets48th percentile

Assets

$2,651,696

No earlier filing loaded for comparison.

Net Assets

$2,158,945

No earlier filing loaded for comparison.

Liabilities

$492,751

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

$232,807

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

2012

Assets$2,651,696
Liabilities$492,751
Net Assets$2,158,945
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

2012

Revenue-
Expenses$232,807
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 15, 2013
Return Version
2012v2.3
Gross Receipts
$160,142
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.

Filing and Contact Details

Filer

EIN
25-6010909
Raw XML AppendixShowing 400 of 485 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/AccountantCompileOrReview0false
IRS990/AccountsPayableAccruedExpenses/BOY06791
IRS990/AccountsPayableAccruedExpenses/EOY08227
IRS990/AccountsReceivable/BOY02699
IRS990/AccountsReceivable/EOY03240
IRS990/ActivitiesConductedPartnership0false
IRS990/ActivityOrMissionDescription0THE ORGANIZATION WAS CREATED FOR THE ECONOMIC DEVELOPMENT OF SOMERSET COUNTY, PENNSYLVANIA, WITH ITS 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/AddressPrincipalOfficerUS/AddressLine10PO BOX 48 125 NORTH CENTER AVE
IRS990/AddressPrincipalOfficerUS/City0SOMERSET
IRS990/AddressPrincipalOfficerUS/State0PA
IRS990/AddressPrincipalOfficerUS/ZIPCode015501
IRS990/Advertising/Total05196
IRS990/AllOtherContributions010000
IRS990/AllOtherExpenses/Total06757
IRS990/AnnualDisclosureCoveredPersons0false
IRS990/AuditCommittee0false
IRS990/BenefitsPaidToMembersCY00
IRS990/BsnssRltnshpThruFamilyMember0false
IRS990/BsnssRltnshpWithOrganization0false
IRS990/CashNonInterestBearing/BOY035470
IRS990/CashNonInterestBearing/EOY042819
IRS990/ChangesToOrganizingDocs0false
IRS990/CollectionsOfArt0false
IRS990/CompensationFromOtherSources0false
IRS990/CompensationProcessCEO0false
IRS990/CompensationProcessOther0false
IRS990/ConferencesMeetings/Total0970
IRS990/ConflictOfInterestPolicy0true
IRS990/ConservationEasements0false
IRS990/ConsolidatedAuditFinancialStmt0false
IRS990/ContributionsGrantsCurrentYear0136842
IRS990/ContributionsGrantsPriorYear0200008
IRS990/CreditCounseling0false
IRS990/DecisionsSubjectToApproval0false
IRS990/DeductibleContributionsOfArt0false
IRS990/DeductibleNonCashContributions0false
IRS990/DeferredRevenue/BOY0333655
IRS990/DeferredRevenue/EOY0271445
IRS990/DelegationOfManagementDuties0false
IRS990/DepreciationDepletion/Total03792
IRS990/DescribedIn501C30false
IRS990/Description0ECONOMIC DEVELOPMENT OF SOMERSET COUNTY, PENNSYLVANIA - TO CREATE JOBS BY PROVIDING FOR THE DEVELOPMENT AND SALE OF INDUSTRIAL/BUSINESS PARK LAND AND TO PROMOTE BUSINESS RELOCATION TO SOMERSET COUNTY, ASSISTING BUSINESSES OBTAIN FINANCING AND OPERATING A MICRO-REVOLVING LOAN FUND FOR NEW BUSINESSES, AS WELL AS ASSISTING EXISTING BUSINESSES TO RETAIN OR EXPAND EMPLOYMENT.
IRS990/DisregardedEntity0false
IRS990/DocumentRetentionPolicy0true
IRS990/DonorAdvisedFunds0false
IRS990/ElectionOfBoardMembers0true
IRS990/EmploymentTaxReturnsFiled0true
IRS990/FamilyOrBusinessRelationship0false
IRS990/FederalGrantAuditRequired0false
IRS990/FeesForServicesAccounting/Total010280
IRS990/FeesForServicesLegal/Total04963
IRS990/FollowSFAS1170X
IRS990/ForeignActivities0false
IRS990/ForeignFinancialAccount0false
IRS990/ForeignOffice0false
IRS990/Form990PartVIISectionA/AverageHoursPerWeek01.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek11.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek21.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek31.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek41.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek51.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek61.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek71.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek81.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek91.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek101.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek111.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek121.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek131.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek141.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek151.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek161.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek171.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek181.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek191.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek201.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek211.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek221.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek231.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector7X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector8X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector9X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector10X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector11X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector12X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector13X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector14X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector15X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector16X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector17X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector18X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector19X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector20X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector21X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector22X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector23X
IRS990/Form990PartVIISectionA/NamePerson0JAMES ZIMMERMAN
IRS990/Form990PartVIISectionA/NamePerson1TOM BOYD
IRS990/Form990PartVIISectionA/NamePerson2GARY BENTZ
IRS990/Form990PartVIISectionA/NamePerson3G HENRY COOK
IRS990/Form990PartVIISectionA/NamePerson4LESLEY BRILHART
IRS990/Form990PartVIISectionA/NamePerson5JOE BETTA
IRS990/Form990PartVIISectionA/NamePerson6ROSALIE KASZYCKI
IRS990/Form990PartVIISectionA/NamePerson7HANK PARKE
IRS990/Form990PartVIISectionA/NamePerson8JON WAHL
IRS990/Form990PartVIISectionA/NamePerson9DAVID MISHLER
IRS990/Form990PartVIISectionA/NamePerson10WALTER ASONEVICH
IRS990/Form990PartVIISectionA/NamePerson11DENNY PLATT
IRS990/Form990PartVIISectionA/NamePerson12RANDY MUSSER
IRS990/Form990PartVIISectionA/NamePerson13GERALD LENTZ
IRS990/Form990PartVIISectionA/NamePerson14GUY BERKEBILE
IRS990/Form990PartVIISectionA/NamePerson15MARK FOLK
IRS990/Form990PartVIISectionA/NamePerson16JOHN P VATAVUK
IRS990/Form990PartVIISectionA/NamePerson17JULIE KREGER
IRS990/Form990PartVIISectionA/NamePerson18LINDA OESTER
IRS990/Form990PartVIISectionA/NamePerson19MATT MAURER
IRS990/Form990PartVIISectionA/NamePerson20PAM TOKAR-ICKES
IRS990/Form990PartVIISectionA/NamePerson21STEVEN BUNCICH
IRS990/Form990PartVIISectionA/NamePerson22RICH BAUER
IRS990/Form990PartVIISectionA/NamePerson23LENNY LOTTIG
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/Officer4X
IRS990/Form990PartVIISectionA/Officer5X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation70
IRS990/Form990PartVIISectionA/OtherCompensation80
IRS990/Form990PartVIISectionA/OtherCompensation90
IRS990/Form990PartVIISectionA/OtherCompensation100
IRS990/Form990PartVIISectionA/OtherCompensation110
IRS990/Form990PartVIISectionA/OtherCompensation120
IRS990/Form990PartVIISectionA/OtherCompensation130
IRS990/Form990PartVIISectionA/OtherCompensation140
IRS990/Form990PartVIISectionA/OtherCompensation150
IRS990/Form990PartVIISectionA/OtherCompensation160
IRS990/Form990PartVIISectionA/OtherCompensation170
IRS990/Form990PartVIISectionA/OtherCompensation180
IRS990/Form990PartVIISectionA/OtherCompensation190
IRS990/Form990PartVIISectionA/OtherCompensation200
IRS990/Form990PartVIISectionA/OtherCompensation210
IRS990/Form990PartVIISectionA/OtherCompensation220
IRS990/Form990PartVIISectionA/OtherCompensation230
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization40
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization50
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization60
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization70
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization80
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization90
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization100
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization110
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization120
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization130
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization140
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization150
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization160
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization170
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization180
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization190
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization200
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization210
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization220
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization230
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs80
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs100
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs110
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs120
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs130
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs140
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs150
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs160
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs170
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs180
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs190
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs200
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs210
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs220
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs230
IRS990/Form990PartVIISectionA/Title02ND VP
IRS990/Form990PartVIISectionA/Title1DIRECTOR
IRS990/Form990PartVIISectionA/Title2PRESIDENT
IRS990/Form990PartVIISectionA/Title31ST VP
IRS990/Form990PartVIISectionA/Title4TREASURER
IRS990/Form990PartVIISectionA/Title5DIRECTOR
IRS990/Form990PartVIISectionA/Title6DIRECTOR
IRS990/Form990PartVIISectionA/Title7DIRECTOR
IRS990/Form990PartVIISectionA/Title8DIRECTOR
IRS990/Form990PartVIISectionA/Title9DIRECTOR
IRS990/Form990PartVIISectionA/Title10DIRECTOR
IRS990/Form990PartVIISectionA/Title11DIRECTOR
IRS990/Form990PartVIISectionA/Title12DIRECTOR
IRS990/Form990PartVIISectionA/Title13ASST SEC/TRE
IRS990/Form990PartVIISectionA/Title14DIRECTOR
IRS990/Form990PartVIISectionA/Title15DIRECTOR
IRS990/Form990PartVIISectionA/Title16DIRECTOR
IRS990/Form990PartVIISectionA/Title17DIRECTOR
IRS990/Form990PartVIISectionA/Title18DIRECTOR
IRS990/Form990PartVIISectionA/Title19DIRECTOR
IRS990/Form990PartVIISectionA/Title20DIRECTOR
IRS990/Form990PartVIISectionA/Title21DIRECTOR
IRS990/Form990PartVIISectionA/Title22SECRETARY
IRS990/Form990PartVIISectionA/Title23DIRECTOR
IRS990/Form990ProvidedToGoverningBody0false
IRS990/FormersListed0false
IRS990/FSAudited0true
IRS990/FSAuditedBasis/FinancialStatementSeparate0X
IRS990/FundraisingActivities0true
IRS990/FundraisingDirectExpenses013801
IRS990/Gaming0false
IRS990/GovernmentGrants0102190
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsToIndividuals0false
IRS990/GrantsToOrganizations0false
IRS990/GrantToRelatedPerson0false
IRS990/GrossIncomeFundraisingEvents017689
IRS990/GrossReceipts0160142
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
IRS990/IndependentAuditFinancialStmt0true
IRS990/IndoorTanningServices0false
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartVI0X
IRS990/Insurance/Total03890
IRS990/InvestmentIncomeCurrentYear01296
IRS990/InvestmentIncome/ExclusionAmount01296
IRS990/InvestmentIncomePriorYear0-154
IRS990/InvestmentIncome/TotalRevenueColumn01296
IRS990/InvestmentInJointVenture0false
IRS990/LandBldgEquipmentAccumDeprec0131367
IRS990/LandBuildingsEquipmentBasis02063246
IRS990/LandBuildingsEquipmentBasisNet/BOY01899460
IRS990/LandBuildingsEquipmentBasisNet/EOY01931879
IRS990/LoanToOfficerOrDQP0false
IRS990/LocalChapters0false
IRS990/MaterialDiversionOrMisuse0false
IRS990/MembershipDues024652
IRS990/MembersOrStockholders0true
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees0true
IRS990/MinutesOfGoverningBody0true
IRS990/MissionDescription0THE ORGANIZATION WAS CREATED FOR THE ECONOMIC DEVELOPMENT OF SOMERSET COUNTY, PENNSYLVANIA, WITH ITS 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/MoreThan5000KToIndividuals0false
IRS990/MoreThan5000KToOrganizations0false
IRS990/MortNotesPyblSecuredInvestProp/BOY0203700
IRS990/MortNotesPyblSecuredInvestProp/EOY0203700
IRS990/NameOfPrincipalOfficerPerson0GARY DUFOUR EXECUTIVE DIRECTOR
IRS990/NbrIndependentVotingMembers024
IRS990/NbrVotingGoverningBodyMembers024
IRS990/NbrVotingMembersGoverningBody024
IRS990/NetAssetsOrFundBalancesBOY02245411
IRS990/NetAssetsOrFundBalancesEOY02158945
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn03888
IRS990/NoListedPersonsCompensated0X
IRS990/NonDeductibleContributions0false
IRS990/NumberFormsTransmittedWith109602
IRS990/NumberIndependentVotingMembers024
IRS990/NumberOfEmployees03
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Total04622
IRS990/OfficeExpenses/Total010224
IRS990/OfficerEntityWithBsnssRltnshp0false
IRS990/OfficerMailingAddress0false
IRS990/Organization501c0X
IRS990/OtherEmployeeBenefits/Total011615
IRS990/OtherExpensePriorYear0134820
IRS990/OtherExpensesCurrentYear097882
IRS990/OtherExpenses/Description0CONSULTING
IRS990/OtherExpenses/Description1BAD DEBT
IRS990/OtherExpenses/Description2REAL ESTATE TAXES
IRS990/OtherExpenses/Description3MISCELLANEOUS
IRS990/OtherExpenses/Total020200
IRS990/OtherExpenses/Total112117
IRS990/OtherExpenses/Total26206
IRS990/OtherExpenses/Total35804
IRS990/OtherLiabilities/BOY029880
IRS990/OtherLiabilities/EOY09379
IRS990/OtherNotesLoansReceivableNet/BOY082676
IRS990/OtherNotesLoansReceivableNet/EOY061016
IRS990/OtherRevenueCurrentYear05688
IRS990/OtherRevenueMisc/Description0MISCELLANEOUS
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome01800
IRS990/OtherRevenueMisc/TotalRevenueColumn01800
IRS990/OtherRevenuePriorYear08556
IRS990/OtherSalariesAndWages/Total0110489
IRS990/PartialLiquidation0false
IRS990/PayrollTaxes/Total010611
IRS990/PensionPlanContributions/Total02210
IRS990/PermanentlyRestrictedNetAssets/BOY0152407
IRS990/PermanentlyRestrictedNetAssets/EOY0142555
IRS990/PoliticalActivities0false
IRS990/PrepaidExpensesDeferredCharges/BOY03025
IRS990/PrepaidExpensesDeferredCharges/EOY02715
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenueCY02515
IRS990/ProgramServiceRevenue/Description0MICRO-REV LOAN FUND INT/FEES
IRS990/ProgramServiceRevenue/Description1PROJECT FINANCING FEES
IRS990/ProgramServiceRevenuePriorYear02836
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome02265
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome1250
IRS990/ProgramServiceRevenue/TotalRevenueColumn02265
IRS990/ProgramServiceRevenue/TotalRevenueColumn1250
IRS990/ProhibitedTaxShelterTrans0false
IRS990/ReconcilationRevenueExpenses0-86466
IRS990/RegularMonitoringEnforcement0true
IRS990/RelatedEntity0false
IRS990/RelatedOrgControlledEntity0false
IRS990/ReportFin48Footnote0false
IRS990/ReportInvestOthSecurities0false
IRS990/ReportLandBldgEquip0true
IRS990/ReportOtherAssets0false
IRS990/ReportOtherLiabilities0true
IRS990/ReportProgRelInvest0false
IRS990/RevenuesLessExpensesCY0-86466
IRS990/RevenuesLessExpensesPriorYear0-80801
IRS990/SalariesEtcCurrentYear0134925
IRS990/SalariesEtcPriorYear0157227
IRS990/SavingsAndTempCashInvestments/BOY0796107
IRS990/SavingsAndTempCashInvestments/EOY0610027
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired0true
IRS990ScheduleD/Buildings/BookValue011228
IRS990ScheduleD/Buildings/Depreciation070415
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis081643
IRS990ScheduleD/Equipment/BookValue05522
IRS990ScheduleD/Equipment/Depreciation060952
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis066474
IRS990ScheduleD/ExpensesSubtotal0232807
IRS990ScheduleD/Land/BookValue01915129
IRS990ScheduleD/Land/OtherCostOrOtherBasis01915129
IRS990ScheduleD/OtherLiabilities/Amount09379
IRS990ScheduleD/OtherLiabilities/Description0GRANT FUNDS/INTEREST DUE TO DCED
IRS990ScheduleD/RevenueSubtotal0146341
IRS990ScheduleD/TotalExpensesPerForm9900232807
IRS990ScheduleD/TotalOfAmounts09379
IRS990ScheduleD/TotalOfBookValueLandBuildings01931879
IRS990ScheduleD/TotalRevenuePerForm9900146341
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0232807
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0146341
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents013801
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent1017689
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal017689
IRS990ScheduleG/EventsInformation/GrossRevenueEvent1017689
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents017689
IRS990ScheduleG/EventsInformation/NameOfEvent10GOLF/BANQUET
IRS990ScheduleG/EventsInformation/NetIncomeSummary03888
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent1013801
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents013801
IRS990/ScheduleJRequired0false
IRS990ScheduleO/GeneralExplanation/Explanation0THE ORGANIZATION WAS CREATED FOR THE ECONOMIC DEVELOPMENT OF SOMERSET COUNTY, PENNSYLVANIA, WITH ITS 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/GeneralExplanation/Explanation1THE SOMERSET COUNTY ECONOMIC DEVELOPMENT COUNCIL HAS MEMBERS WHO PAY MEMBERSHIP FEES BASED ON THE TYPE OF ENTITY.
IRS990ScheduleO/GeneralExplanation/Explanation2DIRECTORS OF THE COUNCIL ARE ELECTED BY THE COUNCIL MEMBERSHIP.
IRS990ScheduleO/GeneralExplanation/Explanation3A COPY OF THE FORM 990 IS PROVIDED TO THE COUNCIL OFFICES FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation4EACH OFFICER/DIRECTOR/EMPLOYEE IS GIVEN COPY OF CODE OF ETHICS WHICH INCLUDES 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/GeneralExplanation/Explanation5GOVERNING DOCUMENTS AND FORMS 990 ARE AVAILABLE TO PUBLIC FOR REVIEW UPON REQUEST AT THE COUNCIL OFFICES IN SOMERSET, PA.
IRS990ScheduleO/GeneralExplanation/Identifier0ORGANIZATION'S MISSION
IRS990ScheduleO/GeneralExplanation/Identifier1CLASSES OF MEMBERS OR STOCKHOLDERS
IRS990ScheduleO/GeneralExplanation/Identifier2ELECTION OF MEMBERS AND THEIR RIGHTS
IRS990ScheduleO/GeneralExplanation/Identifier3ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier4ENFORCEMENT OF CONFLICTS POLICY
IRS990ScheduleO/GeneralExplanation/Identifier5GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PAGE 6, PART VI, LINE 19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,651,696
Liabilities
$492,751
Net assets
$2,158,945
Revenue
-
Expenses
$232,807
Net income
-
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