Greater Wilkes Barre Growth Partnership
- Assets
- $2.6m
- Revenue
- $992.6k
- Investments
- $150.2k
- Employees
- 0
- Location
- Wilkesbarre, PA
- Founding
- 04/2013
- Data as of
- 12/2021
- EIN
- 26-3345028
Organization Overview
Greater Wilkes Barre Growth Partnership is located in Wilkesbarre, PA. The organization was established in 2013. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Greater Wilkes Barre Growth Partnership 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, Greater Wilkes Barre Growth Partnership generated $992.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $598.3k during the year ending 12/2021. 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
TO SUPPORT THE CHARITABLE ACTIVITIES OF THE GREATER WILKES-BARRE CHAMBER OF BUS & IND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GREATER WILKES-BARRE GROWTH PARTNERSHIP, IN CONJUNCTION WITH THE GREATER WILKES-BARRE CHAMBER OF BUSINESS & INDUSTRY AND ITS RELATED ENTITIES, CARRIES OUT THE FOLLOWING PROGRAMMATIC ACTIVITIES:- CARRYING ON INDEPENDENT ACTIVITIES AND PROGRAMS WHICH SUPPORT OR BENEFIT THE SPECIFIED PUBLICLY SUPPORTED ORGANIZATION, INCLUDING THE MAKING OF PAYMENTS TO OR FOR THE USE OF, OR THE PROVISION OF SERVICES OR FACILITIES FOR INDIVIDUAL MEMBERS OF THE CHARITABLE CLASS BENEFITED BY THE SPECIFIED PUBLICLY SUPPORTED ORGANIZATIONS;- SPONSORING, SUPPORTING, ADMINISTERING, AND OVERSEEING PROGRAMS AND ACTIVITIES INTENDED TO PROMOTE THE OVERALL HEALTH AND WELFARE OF THE GREATER WILKES-BARRE PENNSYLVANIA AREA, RELIEVE POVERTY, COMBAT COMMUNITY DETERIORATION, AND CREATE JOBS; - ENHANCING REGIONAL EMPLOYMENT THROUGH THE CREATION AND IMPLEMENTATION OF WORKPLACE DEVELOPMENT AND EDUCATION PROGRAMS AND EVENTS FOR THE BENEFIT OF THE ENTIRE REGION;- ASSISTING IN THE REMOVAL OF BLIGHT, DEVELOPMENT, CONSTRUCTION, OWNERSHIP, AND LEASING OF DISTRESSED REAL PROPERTY IN ORDER TO PROMOTE THE OVERALL HEALTH AND WELFARE OF THE GREATER WILKES-BARRE PENNSYLVANIA AREA;- UNDERTAKING FUNDRAISING TO SUPPORT ANY OF THE CORPORATION'S ACTIVITIES OR THOSE ACTIVITIES OF THE SPECIFIED PUBLICLY SUPPORTED ORGANIZATIONS;- AWARDING GRANTS AND GIFTS TO SUPPORT THE PROGRAMS AND ACTIVITIES OF THE SPECIFIED PUBLICLY SUPPORTED ORGANIZATIONS; AND- DOING SUCH THINGS AS ARE NECESSARY TO IMPLEMENT THESE PURPOSES AS WELL AS ANY LAWFUL PURPOSE OR PURPOSES FOR WHICH CORPORATION MAY BE INCORPORATED UNDER THE NONPROFIT CORPORATION LAW OF 1988, AS AMENDED.DURING 2021, THE GREATER WILKES BARRE GROWTH PARTNERSHIP (GWBGP) CONDUCTED FUNDRAISING TO SUPPORT THE GREATER WILKES BARRE CHAMBER OF BUSINESS AND INDUSTRY'S (GWBCBI) EFFORTS TO IMPROVE THE REGIONAL ECONOMY. THE GWBCBI AND ITS AFFILIATE ORGANIZATIONS WERE INVOLVED IN SUPPORTING LOCAL BUSINESSES.THE GWBCBI WORKED TO PROMOTE REGIONAL GROWTH AND EXPANSION. THE GWBCBI AND ITS AFFILIATED ORGANIZATIONS ENCOURAGED BUSINESS RELOCATION TO THE REGION.THE GWBCBI AND ITS AFFILIATED ORGANIZATIONS SUCCESSFULLY COMPLETED THE REMEDIATION OF A BROWNFIELD SITE WHICH IS NOW READY FOR SALE.THE GWBCBI AND ITS AFFILIATES MARKETED THE AREA TO DEVELOPERS OUTSIDE OF THE REGION IN AN EFFORT TO ATTRACT NEW INDUSTRY TO THE REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Lynett Board Chair | OfficerTrustee | 1 | $0 |
Carl J Witkowski Board Vice Chair | OfficerTrustee | 1 | $0 |
William Fromel CPA Board Treasurer | OfficerTrustee | 1 | $0 |
Paul Rushton ESQ Board Secretary | OfficerTrustee | 1 | $0 |
Elizabeth Graham Immediate Past Chair | OfficerTrustee | 1 | $0 |
Wico Van Genderen President/ceo | Officer | 7.5 | $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 | $170,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,000 |
| Total Program Service Revenue | $740,685 |
| Investment income | $30,417 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $51,435 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $992,637 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $449,512 |
| 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. | $73,940 |
| Compensation of current officers, directors, key employees. | $36,970 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,406 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,482 |
| Payroll taxes | $6,804 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,415 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,108 |
| Fees for services: Other | $829 |
| Advertising and promotion | $0 |
| Office expenses | $4,837 |
| Information technology | $434 |
| Royalties | $0 |
| Occupancy | $6,340 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $150 |
| Total functional expenses | $598,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,363 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $15,000 |
| 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 | $1,662,870 |
| Investments—other securities | $150,192 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $649,046 |
| Total assets | $2,575,471 |
| Accounts payable and accrued expenses | $0 |
| 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 | $137,258 |
| Total liabilities | $137,258 |
| Net assets without donor restrictions | $2,423,213 |
| Net assets with donor restrictions | $15,000 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,575,471 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater Wilkes Barre Growth Partnership has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
The Luzerne Foundation Wilkesbarre, PA PURPOSE: CAPITAL CAMPAIGN | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manufacturing Advocacy & Growth Network Inc Cleveland, OH | $11,290,279 | $13,226,451 |
Spiritrust Lutheran Life Chambersburg, PA | $3,486,716 | $9,493,796 |
Ridc Southwestern Pennsylvania Growth Fund Pittsburgh, PA | $94,671,467 | $5,640,315 |
Project Management Institute Educational Foundation Newtown Square, PA | $4,756,055 | $4,802,761 |
People For People Community Development Corporation Philadelphia, PA | $6,238,407 | $1,301,156 |
Civic Concourse Village Corporation New York, NY | $28,206,759 | $2,332,033 |
Ridc Mill 19a Pittsburgh, PA | $29,613,197 | $2,172,080 |
Umb Health Sciences Research Park Corporation Baltimore, MD | $16,268,947 | $1,917,755 |
Cincinnati Business Committee Cincinnati, OH | $2,454,337 | $2,320,929 |
Council Of Development Finance Agenices Columbus, OH | $1,148,923 | $1,718,525 |
Circulo Real Property Holding Corporation Garden City, NY | $14,540,047 | $1,206,514 |
Downtown Committee Of Syracuse Inc Syracuse, NY | $1,105,419 | $1,527,939 |