Lehigh Valley Angel Investors Co
- Assets
- $22.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bethlehem, PA
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-2838421
Organization Overview
Lehigh Valley Angel Investors Co is located in Bethlehem, PA. The organization was established in 2014. 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. Lehigh Valley Angel Investors Co 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, Lehigh Valley Angel Investors Co generated $23.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $20.6k during the year ending 12/2021. While expenses have increased by 7.0% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
LVAI MEMBERS MEET MONTHLY TO REVIEW GENERAL BUSINESS, UPDATES ON INVESTMENT COMPANIES, REVIEW OF STATUS ON DUE DILIGENCE AND A PRESENTATION BY A SELECTED COMPANY. LVAI PROVIDES THE FOLLOWING TO ENTREPRENEURS: CRITICAL BUSINESS CONNECTIONS PROVIDE HANDS-ON PRACTICAL MENTORING PROVIDE HELP IN BUILDING OUT THE MANAGEMENT TEAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stuart Schooley President/tr | 0 | $0 | |
Matt Buhay Co-President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $23,667 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,667 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $14,477 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $95 |
| Other expenses | $6,007 |
| Total expenses | $20,579 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,078 |
| Other assets | $0 |
| Total assets | $22,078 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,078 |
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