Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Erie Innovation District
EIN 84-2345250 • 501(c)3 • Erie, PA
Profile
To attract, retain and increase both profit and nonprofit enterprises, capital investment and employment opportunities in the greater erie, pennsylvania area.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on the latest valid filing.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Revenue Growth
99th percentile
Faster revenue growth than 99% of similar nonprofits.
Balance Sheet
Assets
Flat$0
Flat from 2020
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$0
Up $31,250 (+100%) from 2020
Revenue
Up$31,250
Up $27,750 (+793%) from 2020
Expenses
-
No earlier filing loaded for comparison.
Net Income
-
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $0
- Liabilities
- -
- Net assets
- $0
- Revenue
- $31,250
- Expenses
- -
- Net income
- -
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2021Detailed filing. Detailed filing data is available for this year. | $0.00 | $0.00 | $0.31 | |||
| 2020Detailed filing. Detailed filing data is available for this year. | $0.00 | $0.31 | $0.31 | $0.04 | $1.69 | $1.66 |
| 2019Summary only. Only limited summary data is available for this year. | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Nov 7, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $31,250
Mission and Program Overview
Mission
To attract, retain and increase both profit and nonprofit enterprises, capital investment and employment opportunities in the greater erie, pennsylvania area.
To attract, retain and increase both profit and nonprofit enterprises, capital investment and employment opportunities in the greater erie, pennsylvania area. The organization ceased operations in 2020 however a ppp loan was outstanding as of 12/31/2020. During 2021 that loan was forgiven. This is the final tax return for this organization.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ORGANIZATION WAS FORMED TO ATTRACT, RETAIN AND INCREASE BOTH PROFIT AND NONPROFIT ENTERPRISES,CAPITAL INVESTMENT AND EMPLOYMENT OPPORTUNITIES IN THE GREATER ERIE, PENNSYLVANIA AREA. THROUGH 2019, THE ORGANIZATION WAS HOUSED WITHIN MERCYHURST UNIVERSITY. ERIE INNOVATION DISTRICT WAS FORMED TO TAKE OVER THE OPERATIONS COMMENCING IN 2020. HOWEVER, IT WAS DETERMINED IN MID-2020 THAT THE ERIE CHAMBER OF COMMERCE WOULD BE A BETTER FIT TO HOUSE THESE OPERATIONS. IN MID-2020, THE ORGANIZATION'S OPERATIONS WERE MOVED TO THE ERIE CHAMBER OF COMMERCE WITH THE EXCEPTION OF A PPP LOAN OUTSTANDING AS OF 12/31/20. FORGIVENESS HAS BEEN GRANTED IN 2021. ERIE INNOVATION DISTRICT'S OPERATIONS HAVE FULLY CEASED; THIS IS THE FINAL TAX RETURN. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JIM MARTIN | Chairman | - | $0 | - | - |
| KARL SANCHACK | Pres, Sec, T | - | $0 | - | - |
| JOE NECASTRO | Director | - | $0 | - | - |
| KEITH KENNEDY | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Erie Innovation District
- EIN
- 84-2345250
- Address
- 1128 STATE STREET, ERIE, PA 16501
Signing Officer
- Name
- Jim Martin
- Title
- Chairman
- Signed
- 2022-11-07
Preparer
- Firm
- Schaffner Knight Minnaugh & Co Pc
- Address
- 1545 WEST 38TH STREET, ERIE, PA 16508-2347
- Preparer
- Dennis W Grow CPA
- Phone
- 8144541997
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Ppp forgiveness income 31,250 total 31,250”
Form 990-ez, Part II, Line 26
“Ppp loan (forgiveness applied- 2021) 31,250 0”
Form 990-ez, Part III
“To attract, retain and increase both profit and nonprofit enterprises, capital investment and employment opportunities in the greater erie, pennsylvania area. The organization ceased operations in 2020 however a ppp loan was outstanding as of 12/31/2020. During 2021 that loan was forgiven. This is the final tax return for this organization.”
Form 990-ez, Part III, Line 28
“The organization was formed to attract, retain and increase both profit and nonprofit enterprises,capital investment and employment opportunities in the greater erie, pennsylvania area. Through 2019, the organization was housed within mercyhurst university. Erie innovation district was formed to take over the operations commencing in 2020. However, it was determined in mid-2020 that the erie chamber of commerce would be a better fit to house these operations. In mid-2020, the organization's operations were moved to the erie chamber of commerce with the exception of a ppp loan outstanding as of 12/31/20. Forgiveness has been granted in 2021. Erie innovation district's operations have fully ceased; this is the final tax return.”
Raw XML Appendix124 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ELLIOTT J EHRENREICH |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8144592800 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 120 WEST 10TH STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ERIE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 16501 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 31250 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/FinalReturnInd | 0 | X |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 31250 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -31250 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -31250 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JIM MARTIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KARL SANCHACK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JOE NECASTRO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | KEITH KENNEDY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRES, SEC, T |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | true |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 31250 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO ATTRACT, RETAIN AND INCREASE BOTH PROFIT AND NONPROFIT ENTERPRISES, CAPITAL INVESTMENT AND EMPLOYMENT OPPORTUNITIES IN THE GREATER ERIE, PENNSYLVANIA AREA. THE ORGANIZATION CEASED OPERATIONS IN 2020 HOWEVER A PPP LOAN WAS OUTSTANDING AS OF 12/31/2020. DURING 2021 THAT LOAN WAS FORGIVEN. THIS IS THE FINAL TAX RETURN FOR THIS ORGANIZATION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ORGANIZATION WAS FORMED TO ATTRACT, RETAIN AND INCREASE BOTH PROFIT AND NONPROFIT ENTERPRISES,CAPITAL INVESTMENT AND EMPLOYMENT OPPORTUNITIES IN THE GREATER ERIE, PENNSYLVANIA AREA. THROUGH 2019, THE ORGANIZATION WAS HOUSED WITHIN MERCYHURST UNIVERSITY. ERIE INNOVATION DISTRICT WAS FORMED TO TAKE OVER THE OPERATIONS COMMENCING IN 2020. HOWEVER, IT WAS DETERMINED IN MID-2020 THAT THE ERIE CHAMBER OF COMMERCE WOULD BE A BETTER FIT TO HOUSE THESE OPERATIONS. IN MID-2020, THE ORGANIZATION'S OPERATIONS WERE MOVED TO THE ERIE CHAMBER OF COMMERCE WITH THE EXCEPTION OF A PPP LOAN OUTSTANDING AS OF 12/31/20. FORGIVENESS HAS BEEN GRANTED IN 2021. ERIE INNOVATION DISTRICT'S OPERATIONS HAVE FULLY CEASED; THIS IS THE FINAL TAX RETURN. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 31250 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalRevenueAmt | 0 | 31250 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt | 0 | 31250 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt | 0 | 3500 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 34750 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 34750 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 31250 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 3500 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 34750 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 31250 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 3500 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 34750 |
| IRS990ScheduleN/DirectorOfSuccessor2Ind | 0 | false |
| IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 0 | TRANSFERRED IN 2020 |
| IRS990ScheduleN/EmployeeOfSuccessor2Ind | 0 | false |
| IRS990ScheduleN/OwnerOfSuccessor2Ind | 0 | false |
| IRS990ScheduleN/ReceiveCompensation2Ind | 0 | false |
| IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt | 0 | ERIE INNOVATION DISTRICT WAS FORMED TO ATTRACT CAPITAL INVESTMENT IN THE GREATER ERIE, PA REGION. HOWEVER, IT WAS DETERMINED IN MID-2020 THAT THE ERIE CHAMBER OF COMMERCE WOULD BE A BETTER FIT TO HOUSE THESE OPERATIONS. IN MID-2020, THE ORGANIZATION'S OPERATIONS WERE MOVED TO THE ERIE CHAMBER OF COMMERCE WITH THE EXCEPTION OF A PPP LOAN OUTSTANDING AS OF 12/31/20. FORGIVENESS HAS BEEN GRANTED IN 2021. ERIE INNOVATION DISTRICT'S OPERATIONS HAVE FULLY CEASED; THIS IS THE FINAL TAX RETURN. |
| IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE N |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PPP FORGIVENESS INCOME 31,250 TOTAL 31,250 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PPP LOAN (FORGIVENESS APPLIED- 2021) 31,250 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | TO ATTRACT, RETAIN AND INCREASE BOTH PROFIT AND NONPROFIT ENTERPRISES, CAPITAL INVESTMENT AND EMPLOYMENT OPPORTUNITIES IN THE GREATER ERIE, PENNSYLVANIA AREA. THE ORGANIZATION CEASED OPERATIONS IN 2020 HOWEVER A PPP LOAN WAS OUTSTANDING AS OF 12/31/2020. DURING 2021 THAT LOAN WAS FORGIVEN. THIS IS THE FINAL TAX RETURN FOR THIS ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION WAS FORMED TO ATTRACT, RETAIN AND INCREASE BOTH PROFIT AND NONPROFIT ENTERPRISES,CAPITAL INVESTMENT AND EMPLOYMENT OPPORTUNITIES IN THE GREATER ERIE, PENNSYLVANIA AREA. THROUGH 2019, THE ORGANIZATION WAS HOUSED WITHIN MERCYHURST UNIVERSITY. ERIE INNOVATION DISTRICT WAS FORMED TO TAKE OVER THE OPERATIONS COMMENCING IN 2020. HOWEVER, IT WAS DETERMINED IN MID-2020 THAT THE ERIE CHAMBER OF COMMERCE WOULD BE A BETTER FIT TO HOUSE THESE OPERATIONS. IN MID-2020, THE ORGANIZATION'S OPERATIONS WERE MOVED TO THE ERIE CHAMBER OF COMMERCE WITH THE EXCEPTION OF A PPP LOAN OUTSTANDING AS OF 12/31/20. FORGIVENESS HAS BEEN GRANTED IN 2021. ERIE INNOVATION DISTRICT'S OPERATIONS HAVE FULLY CEASED; THIS IS THE FINAL TAX RETURN. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JIM MARTIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-07 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ERIE INNOVATION DISTRICT |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ERIE |
| ReturnHeader/Filer/EIN | 0 | 842345250 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1128 STATE STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ERIE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 16501 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 251690617 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SCHAFFNER KNIGHT MINNAUGH & CO PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1545 WEST 38TH STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ERIE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 165082347 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8144541997 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-11-07 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DENNIS W GROW CPA |
| ReturnHeader/ReturnTs | 0 | 2022-11-14T10:21:50-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JIM |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | MARTIN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
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