2024-05-14T14:54:54-05:00 2023-06-30 251304135 BLACK BASHOR & PORSCH LLP 270 EAST CONNELLY BOULEVARD SHARON PA 16146 990 2022-07-01 251869115 SHENANGO VALLEY ENTERPRISE ZONE CORPORATION SHEN 7243421300 165 EUCLID AVENUE SHARON PA 16146 BRENT A WARD PRESIDENT 7243421300 2024-05-09 1 BRENT WARD XXX-XX-XXXX 0 JACK F KUCHCINSKI P00227046 7249817510 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRENT WARD 165 EUCLID AVENUE SHARON PA 16146 418788 0 X WWW.SVEZC.COM X 2000 PA TO PROMOTE PUBLIC/PRIVATE RELATIONSHIPS, ATTRACT GRANTS AND PROVIDE ASSISTANCE TO SMALL BUSINESSES. 24 19 0 0 0 0 0 0 26108 64360 8284 68478 0 285950 34392 418788 0 100000 0 0 0 0 0 0 0 55539 58806 55539 158806 -21147 259982 4022259 4309183 0 10864 4022259 4298319 X TO STIMULATE THE EXPANSION OF BUSINESS AND INDUSTRY WITHIN DESIGNED ENTERPRISE ZONE AREAS OF MERCER COUNTY FOR THE PURPOSE OF CREATING OR RETAINING JOBS BY PROVIDING FINANCIAL ASSISTANCE TO BUSINESSES WITHIN THE ENTERPRISE ZONE VIA LOW INTEREST RATE LOANS. THE LOANS TO BUSINESSES MUST SERVE A PUBLIC PURPOSE. ALL LOANS MUST PRIMARILY PROMOTE THE HEALTH, SAFETY, OR WELFARE OF THE PUBLIC AT LARGE, AND PROVIDE OVERALL BENEFIT TO THE CITIZENS OF THE COMMUNITY. 0 0 TO PROVIDE LOANS TO SMALL BUSINESSES WHICH TOTALED $835,000 IN NEW LOANS FOR THE YEAR ENDING JUNE 30, 2023. 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 X 24 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 X WILLIAM MADDEN 7243421300 165 EUCLID AVENUE SHARON PA 16146 BRENT A WARD PRESIDENT 2.00 X X 0 0 0 DANIEL GRACENIN SECRETARY/TREASURER 1.00 X X 0 0 0 ALEX J KOVACH VICE PRESIDENT 1.00 X X 0 0 0 BRADLEY R GOSSER VICE PRESIDENT/ EXECUTIVE 1.00 X X 0 0 0 EUGENE PACSI BOARD MEMBER 1.00 X 0 0 0 JAMES LOWRY BOARD MEMBER 1.00 X 0 0 0 MARC BUSKIRK BOARD MEMBER 1.00 X 0 0 0 WILLIAM MODER BOARD MEMBER 1.00 X 0 0 0 KEN ROBERSON BOARD MEMBER 1.00 X 0 0 0 DAVID STABILE BOARD MEMBER 1.00 X 0 0 0 ELLEN PARDEE BOARD MEMBER 1.00 X 0 0 0 JEREMY COXE BOARD MEMBER 1.00 X 0 0 0 JASON UREY BOARD MEMBER 1.00 X 0 0 0 DAVID GRANDE BOARD MEMBER 1.00 X 0 0 0 ROBERT DONATELLI BOARD MEMBER 1.00 X 0 0 0 ROBERT FISCUS BOARD MEMBER 1.00 X 0 0 0 GARY GULLA BOARD MEMBER 1.00 X 0 0 0 MOLLY BUNDRANT BOARD MEMBER 1.00 X 0 0 0 CARL SIZER BOARD MEMBER 1.00 X 0 0 0 W BENJAMIN PRESCOTT BOARD MEMBER 1.00 X 0 0 0 MICHAEL NIDDEL BOARD MEMBER 1.00 X 0 0 0 TERRENCE CRUMBY BOARD MEMBER 1.00 X 0 0 0 SELMA SANDERS - WEST BOARD MEMBER 1.00 X 0 0 0 DARLA MARCHANT BOARD MEMBER 1.00 X 0 0 0 JAMES CARDAMON LOAN COORDINATOR 40.00 X 23045 0 0 23045 0 0 0 0 0 0 0 LOAN INTEREST 900099 63410 63410 LOAN FEES & PENALTIES 900099 950 950 64360 68478 68478 BAD DEBT RECOVERY 900099 285950 285950 285950 418788 350310 0 68478 X 100000 6447 7662 40650 485 1610 GENERAL ADMINISTRATION 1952 158806 3653 23019 3387068 2047555 87387 60667 542811 1176592 1340 1350 1000000 4022259 4309183 10864 0 10864 X 4022259 4298319 4022259 4298319 4022259 4309183 259982 16078 0 X X 0 1 X 1 0 0 CERTIFICATE OF DEPOSIT 1000000 C 1000000 418788 0 418788 0 418788 158806 0 158806 0 158806 0 PENN NORTHWEST DEVELOPMENT CORP 3580 INNOVATION WAY HERMITAGE PA 16148 251515795 501(C)(3) 100000 0 TECHNOLOGICAL DEVELOPMENT BRAD GOSSER BOARD MEMBER OF THE ORGANIZATION STIMULATE THE EXPANSION OF BUSINESS AND INDUSTRY X 250000 60667 0 1 1 60667 BRAD GOSSER BOARD MEMBER OF ORGANIZATION 60667 LOAN BALANCE TO 501C(6) ORGANIZATION, OF WHICH BRAD GOSSER IS EXECUTIVE DIRECTOR. 0 FORM 990, PART VI, SECTION B, LINE 11B EXECUTIVE COMMITTEE MEMBERS REVIEW AND APPROVE FORM 990 BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS SIGNED ANNUALLY BY ALL OFFICERS AND DIRECTORS AND REVIEWED BY THE BOARD MEMBERS OF THE SHENANGO VALLEY ENTERPRISE ZONE CORPORATION. FORM 990, PART VI, SECTION B, LINE 15B COMPENSATION PACKAGE FOR THE LOAN COORDINATOR IS APPROVED BY THE BOARD OF DIRECTORS' EXECUTIVE COMMITTEE. AS OF THE PRESENT, THE GOVERNING BOARD DOES NOT USE ANY SPECIFIC BENCHMARKING DATA IN SETTING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 FORM 1024 AND FORM 990 ARE AVAILABLE FOR PUBLIC INSPECTION DURING REGULAR BUSINESS HOURS IN THE BUSINESS OFFICE. THE CONFLICT OF INTEREST POLICY IS ALSO AVAILABLE IN THE BUSINESS OFFICE DURING REGULAR BUSINESS HOURS. FORM 990, PART IX, LINE 11G LOAN PROGRAM COORDINATOR 23,045. ADMINISTRATIVE SERVICES 17,605. FORM 990, PART XII, LINE 2C THE EXECUTIVE COMMITTEE PROVIDES OVERSIGHT OF THE FINANCIAL STATEMENTS, AND SELECTION OF THE AUDITOR. THE ORGANIZATION HAS NOT CHANGED ITS PROCESS WITH REGARDS TO AUDIT OVERSIGHT