Collegeville Economic Development Corporation
- Assets
- $2.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Collegeville, PA
- Founding
- 01/2008
- Data as of
- 12/2021
- EIN
- 11-3707565
Organization Overview
Collegeville Economic Development Corporation is located in Collegeville, PA. The organization was established in 2008. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Collegeville Economic Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Collegeville Economic Development Corporation generated $4.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (30.8%) each year. All expenses for the organization totaled $2.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (40.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Kernen Treasurer | 10 | $0 | |
Justin Bartolomucci Vice President | 0 | $0 | |
Karen Mccaskin Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,439 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $902 |
| Other Revenue | $0 |
| Total Revenue | $4,341 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,580 |
| Total expenses | $2,580 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,289 |
| Other assets | $0 |
| Total assets | $2,289 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,289 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walnut Hills Redevelopment Foundation Inc Cincinnati, OH | $7,399,538 | $1,025,062 |
Greater Jamaica Development Corp Jamaica, NY | $43,416,674 | $8,397,998 |
South Bronx Overall Economic Development Corporation Bronx, NY | $11,273,834 | $9,485,057 |
National Basketball Association Foundation New York, NY | $26,984,536 | $31,000,000 |
Newark Downtown District Management Corporation Newark, NJ | $7,203,712 | $5,205,083 |
Maryland Manufacturing Service Inc Salisbury, MD | $279,305 | $5,207,545 |
Rdc Commercial Center Inc Brooklyn, NY | $15,313,985 | $4,091,889 |
Pittsburgh Downtown Partnership Pittsburgh, PA | $5,197,454 | $6,457,703 |
Grow America Fund Inc Brooklyn, NY | $143,748,091 | $12,181,976 |
Bellvue Gardens Community Urban Redevelopment Corporation Cincinnati, OH | $29,237,042 | $3,964,847 |
Upper Manhattan Empowerment Zone Development Corporation New York, NY | $90,632,786 | $3,433,188 |
Enterprise Center Philadelphia, PA | $14,775,584 | $14,297,548 |