Community Development Corp Of Butler County

Organization Overview

Community Development Corp Of Butler County is located in Butler, PA. The organization was established in 1962. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Community Development Corp Of Butler County employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Development Corp Of Butler County 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 12/2023, Community Development Corp Of Butler County generated $951.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $602.7k during the year ending 12/2023. While expenses have increased by 1.7% per year over the past 9 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROACTIVELY CREATE AN ENVIRONMENT FOR PRIVATE INDUSTRY WITH LEASES, JOB CREATION AND JOB RETENTION OPPORTUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CDC IS THE LEAD ECONOMIC DEVELOPMENT ORGANIZATION IN BUTLER COUNTY THAT PROACTIVELY CREATES AN ENVIRONMENT FOR PRIVATE INDUSTRY WITH RENTAL LEASES, JOB CREATION AND JOB RETENTION OPPORTUNITIES THROUGH THEIR COORDINATION OF LEADERS FROM LOCAL BUSINESS, MUNICIPAL, COUNTY AND OTHER ELECTED OFFICIALS AND ORGANIZATIONS AT ALL LEVELS OF GOVERNMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Aaron Steinheiser
Director
$0
Bill Hunter
Director
$0
Bill Jones
Director
$0
Brian Podolec
Director
$0
Charles Boory
Director
$0
Chris Panian
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $275,000
All other contributions, gifts, grants, and similar amounts not included above$53,259
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$328,259
Total Program Service Revenue$309,612
Investment income $62,416
Tax Exempt Bond Proceeds $0
Royalties $5,978
Net Rental Income $307,918
Net Gain/Loss on Asset Sales -$81,209
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $951,333

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