Huntingdon Revitalization And Development Inc
- Assets
- $68.9k
- Revenue
- $120.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Huntingdon, PA
- Founding
- 08/1992
- Data as of
- 06/2021
- EIN
- 25-1454408
Organization Overview
Huntingdon Revitalization And Development Inc is located in Huntingdon, PA. The organization was established in 1992. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Huntingdon Revitalization And Development Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huntingdon Revitalization And Development Inc 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 06/2021, Huntingdon Revitalization And Development Inc generated $120.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $93.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CHAMBER ENGAGES IN A VARIETY OF ACTIVITIES TO PROMOTE THE AREAS QUALITY OF LIFE, ECONOMIC DEVELOPMENT & PLANNED GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHAMBER ENGAGES IN A VARIETY OF ACTIVITIES TO PROMOTE THE AREAS QUALITY OF LIFE, ECONOMIC DEVELOPMENT AND PLANNED GROWTH.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dee Dee Brown Treasurer | OfficerTrustee | 2 | $0 |
Doug Roles Secretary | OfficerTrustee | 2 | $0 |
Michael Simone Chair | OfficerTrustee | 2 | $0 |
Amanda Jenkins Vice Chair | OfficerTrustee | 2 | $0 |
Yvonne Martin President & CEO | Officer | 40 | $0 |
Denny Cisney Jr Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $50,447 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $28,235 |
| 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 | $78,682 |
| Total Program Service Revenue | $42,124 |
| Investment income | $47 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $120,853 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $27,776 |
| Compensation of current officers, directors, key employees. | $2,778 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,370 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,603 |
| Payroll taxes | $3,305 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,560 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,133 |
| Advertising and promotion | $200 |
| Office expenses | $4,257 |
| Information technology | $4,736 |
| Royalties | $0 |
| Occupancy | $5,617 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $96 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,606 |
| All other expenses | $4,108 |
| Total functional expenses | $93,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,921 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $68,921 |
| Accounts payable and accrued expenses | $351 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $351 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $68,570 |
| Total liabilities and net assets/fund balances | $68,921 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
York County Economic Alliance York, PA | $4,435,375 | $9,671,986 |
Ascendus Inc New York, NY | $45,777,812 | $14,588,685 |
Bridgeway Capital Inc Pittsburgh, PA | $100,800,088 | $11,446,748 |
Altoona-Blair County Development Corporation Altoona, PA | $122,969,142 | $33,416,279 |
Greater Wilkes-Barre Industrial Fund Inc Wilkesbarre, PA | $1,685,287 | $7,409,722 |
Broad Hollow Bioscience Park Inc Farmingdale, NY | $30,625,721 | $3,689,454 |
Better Business Bureau Of Metropolitan New York Inc New York, NY | $2,973,168 | $5,685,810 |
Delaware Innovation Space Inc Wilmington, DE | $37,512,431 | $6,834,996 |
Ohio Community Development Finance Fund Columbus, OH | $57,278,842 | $7,712,446 |
Maryland Mep Inc Columbia, MD | $556,379 | $4,266,915 |
New York Society Of Security Analysts Inc New York, NY | $12,287,632 | $4,837,133 |
Better Business Bureau Inc Amherst, NY | $5,688,613 | $4,388,157 |