Indiana County Development Corp 31 South Carpenter Avenue

Organization Overview

Indiana County Development Corp 31 South Carpenter Avenue is located in Indiana, PA. The organization was established in 1964. According to its NTEE Classification (S30) the organization is classified as: 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. Indiana County Development Corp 31 South Carpenter Avenue is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Indiana County Development Corp 31 South Carpenter Avenue generated $1.9m 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 (7.4%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE ECONOMIC DEVELOPMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

DEVELOPMENT EXPENSES TO PROMOTE ECONOMIC DEVELOPMENT IN INDIANA COUNTY.


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Board, Officers & Key Employees

Name (title)Compensation
Byron Stauffer
Executive Di
$128,750
Dennis Bray
Vice Preside
$0
Richard Clawson
Secretary-Tr
$0
Joseph Reschini
Assistant Tr
$0
James Wiley
President
$0
David G Antolik
Board Memebe
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$121,040
Investment income $524
Tax Exempt Bond Proceeds $0
Royalties $438
Net Rental Income $1,651,787
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,850,586

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