Warren County Development Association

Organization Overview

Warren County Development Association is located in Warren, PA. The organization was established in 1985. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Warren County Development Association 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 12/2022, Warren County Development Association generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $913.7k during the year ending 12/2022. While expenses have increased by 8.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE WARREN COUNTY DEVELOPMENT ASSOCIATION OPERATES AN INDUSTRIAL INCUBATOR TO PROVIDE SUPPORT FOR NEW BUSINESSES, ASSIST WITH SITE ACQUISITIONS FOR EXPANDING BUSINESSES, ASSIST WITH FACILITY RETENTION FOR THREATENED BUSINESSES AND PROMOTE ECONOMIC DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE OPERATION OF AN ECONOMIC DEVELOPMENT PROGRAM FOR WARREN COUNTY.


PROVIDE A FACILITY FOR SECONDARY EDUCATION.


PROVIDE A PROFESSIONAL WORKSPACE FOR THE LOCAL COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Greg Austin
Executive Co
$0
Steven Rothenberg
Treasurer
$0
Hank Lemeur
Chairman
$0
Chris Darling
Director
$0
Ryan Steffan
Director
$0
John Stewart
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $144,817
All other contributions, gifts, grants, and similar amounts not included above$602,549
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$747,366
Total Program Service Revenue$524,621
Investment income $373
Tax Exempt Bond Proceeds $0
Royalties $639
Net Rental Income $0
Net Gain/Loss on Asset Sales $20,764
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,294,032

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