2025-11-14T08:14:57-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2024-01-01 371440334 THE GREATER WILKES-BARRE DEVELOPMENT CORPORATION GREA 5708232101 7 SOUTH MAIN STREET 3RD FLOOR 4 WILKESBARRE PA 18701 LINDSAY GRIFFIN PRESIDENT/CEO 5708232101 2025-11-04 1 1 KERRI N BOGDA P00760402 7177404863 2025-10-30 2024 2025-03-06 01:10:19Z LINDSAY GRIFFIN 7 SOUTH MAIN STREET 3RD FLOOR 4 WILKESBARRE PA 18701 134703 0 X WWW.WYOMINGVALLEYCHAMBER.ORG X 2002 PA PROMOTE THE ECONOMIC EXPANSION AND OVERALL CIVIC BETTERMENT OF THE GREATER WILKES-BARRE AREA. 10 10 0 12 0 0 0 0 0 0 83728 33804 80690 100899 164418 134703 0 0 0 0 3574 7079 0 0 0 113057 111025 116631 118104 47787 16599 1214398 1141164 465031 375198 749367 765966 TO PROMOTE THE ECONOMIC EXPANSION AND OVERALL CIVIC BETTERMENT OF THE GREATER WILKES-BARRE AREA. 0 0 97118 0 100899 PROPERTY HELD BY THE ORGANIZATION, AND THE RELATED LIABILITIES, ARE TO BE USED FOR FUTURE DEVELOPMENT OR SALE. AT DECEMBER 31, 2024, LAND, BUILDINGS AND EQUIPMENT HAVE A BASIS OF $86,993; AND ACCUMULATED DEPRECIATION OF $31,696. THE ORGANIZATION ENCOURAGES GROWTH AND DEVELOPMENT IN THE GREATER WILKES-BARRE AREA AND WILL CONTINUE TO SEARCH FOR NEW PROJECTS AND SOURCES OF FUNDING FROM FEDERAL, STATE, AND LOCAL ECONOMIC DEVELOPMENT PROGRAMS IN ORDER TO KEEP ENCOURAGING THIS GROWTH AND DEVELOPMENT. 97118 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 1 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 1 0 0 0 PA X X MATTHEW BICKERT CFO 5708232101 7 SOUTH MAIN STREET 3RD FLOOR 4 WILKESBARRE PA 18701 TARA MUGFORD-WILSON BOARD CHAIR 0.40 2.40 X X 0 0 0 JEFFREY STINE BOARD VICE CHAIR 0.40 0.00 X X 0 0 0 THOMAS MAKOWSKI SECRETARY 0.40 2.00 X X 0 0 0 LARS ANDERSON TREASURER 0.40 2.00 X X 0 0 0 JOSEPH KLUGER BOARD MEMBER 0.40 2.00 X 0 0 0 MARK SOBECK BOARD MEMBER 0.40 2.00 X 0 0 0 TROY STANDISH BOARD MEMBER 0.40 2.00 X 0 0 0 SHARON LEHMAN BOARD MEMBER 0.40 2.00 X 0 0 0 CHARLIE BURLEW BOARD MEMBER 0.40 2.00 X 0 0 0 KIRA KINSMAN BOARD MEMBER 0.40 2.00 X 0 0 0 LAWRENCE NEWMAN EX-OFFICIO (NON-VOTING) 0.40 0.00 X 0 0 0 CARL WITKOWSKI EX-OFFICIO (NON-VOTING) 0.40 2.70 X 0 0 0 LINDSAY GRIFFIN PRESIDENT/CEO 7.50 30.00 X 0 150314 11279 MATTHEW BICKERT CHIEF FINANCIAL OFFICER 7.50 30.00 X 0 78917 15075 0 229231 26354 0 0 1 0 0 33804 33804 PARKING LOT/CAM 900099 95441 95441 BAD DEBT RECOVERY 900099 5458 5458 100899 134703 100899 0 33804 5657 2829 2828 1040 520 520 382 191 191 4429 4429 8685 8685 37 19 18 351 175 176 23 13 10 52831 52562 269 2549 2549 2488 1244 1244 REPAIRS & MAINTENANCE 34496 34496 MISCELLANEOUS 5120 5061 59 BUSINESS TAX EXP 16 8 8 118104 97118 20986 0 1126879 1026181 11689 33013 25154 25673 86993 31696 49676 55297 1000 1000 1214398 1141164 2550 863 462481 374335 465031 375198 X 749367 765966 749367 765966 1214398 1141164 16599 0 X 0 1 X 1 0 20423 20423 66570 31696 34874 55297 DEPOSITS 18910 DUE TO AFFILIATES 355425 374335 X 129245 0 129245 5458 5458 134703 112646 -5458 -5458 118104 0 118104 PART X, LINE 2: THE COMPANY ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2024 AND 2023. PART XI, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT RECOVERY RECLASSED AS INCOME 5,458. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT RECOVERY RECLASSED AS INCOME -5,458. X 0 0 0 0 0 0 0 0 0 LINDSAY GRIFFIN PRESIDENT/CEO 0 126907 0 17407 0 6000 0 5109 0 6170 0 161593 0 0 PART I, LINE 3 COMPENSATION FOR THE PRESIDENT/CEO IS DETERMINED BY THE GREATER WILKES-BARRE CHAMBER OF BUSINESS AND INDUSTRY USING THE FOLLOWING: COMPENSATION COMMITTEE, COMPENSATION SURVEY/STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING FAMILY AND BUSINESS RELATIONSHIPS INCLUDE BOARD RELATIONSHIPS WITH BOARD MEMBERS OF ALL RELATED ENTITIES INCLUDED IN SCHEDULE R: LARS ANDERSON AND JOSEPH KLUGER HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7B APPROVED MOTIONS ARE OFTEN BROUGHT BEFORE THE BOARD OF GREATER WILKES-BARRE CHAMBER OF BUSINESS AND INDUSTRY (PARENT COMPANY) FOR RATIFICATION. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE, THE FORM 990 IS REVIEWED BY MEMBERS OF THE GREATER WILKES-BARRE CHAMBER OF BUSINESS AND INDUSTRY ("CBI") BOARD. CBI IS THE PARENT ENTITY OF THE GREATER WILKES-BARRE DEVELOPMENT CORPORATION. THE TAX RETURN IS MADE AVAILABLE TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH "INTERESTED PERSON" SHALL ANNUALLY SIGN THE CONFLICT OF INTEREST DISCLOSURE STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY OR THE BY-LAWS, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THAT GREATER WILKES-BARRE CHAMBER OF BUSINESS AND INDUSTRY AND AFFILIATES ARE TAX-EXEMPT ORGANIZATIONS AND THAT IN ORDER TO MAINTAIN FEDERAL TAX EXEMPTION, MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES UNDER IRC SECTION 501(C)3, 501(C)(4), OR 501(C)(6) OF THE INTERNAL REVENUE CODE. ON THE CONFLICT OF INTEREST DISCLOSURE STATEMENT, ALL "INTERESTED PERSONS" MUST DETAIL ALL EXISTING OR POTENTIAL CONFLICTS OF INTEREST AND FILE THE FORM WITH THE GOVERNANCE COMMITTEE ANNUALLY. INTERIM DISCLOSURES SHALL ALSO BE REQUIRED AS CONFLICTS DEVELOP SUBSEQUENT TO THE ANNUAL DISCLOSURES. TO ENSURE THAT GREATER WILKES-BARRE CHAMBER OF BUSINESS AND INDUSTRY AND AFFILIATES OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND THAT IT DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX REVIEW OF ANY POTENTIAL CONFLICT SHALL BE CONDUCTED BY THE GOVERNANCE AND/OR AUDIT AND/OR FINANCE COMMITTEES. REVIEW OF SUCH TRANSACTIONS INCLUDES THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE AND ARE THE RESULTS OF APPROPRIATE NEGOTIATIONS. B. PARTIES SUBJECT TO THE TRANSACTION ARE EXCUSED FROM ALL DISCUSSION REGARDING THE TRANSACTION AND ARE NOT PRESENT DURING THE VOTE. C. ANY ABSTENTIONS TO THE VOTE ARE DOCUMENTED IN THE MEETING MINUTES. A BOARD DEVELOPMENT COMMITTEE EXISTS AND MEETS AT LEAST TWO TIMES EACH YEAR. IT EVALUATES THE PERFORMANCE OF CURRENT BOARD MEMBERS AND NOMINATES POTENTIAL BOARD MEMBERS TO THE ORGANIZATION'S BOARD FOR REVIEW AND RATIFICATION. THOSE NOMINEES ARE SELECTED BASED ON A SET OF VARIABLES IMPORTANT TO THE MISSION OF THE ORGANIZATION. THEY INCLUDE PROFESSIONAL AND EDUCATIONAL EXPERIENCE, DIVERSITY OF BACKGROUND, AND REPRESENTATION ACROSS A BROAD SPECTRUM OF THE BUSINESS AND CIVIC COMMUNITIES SERVED BY THE ORGANIZATION. SPECIAL ATTENTION IS GIVEN TO ENSURE THAT NO PARTICULAR BUSINESS, INDUSTRY, OR INDIVIDUAL HAS THE ABILITY TO INFLUENCE A MULTIPLE NUMBER OF BOARD VOTES AT ANY TIME. STAFF MEMBERS OF THE GREATER WILKES-BARRE CHAMBER OF BUSINESS & INDUSTRY DISTRIBUTE THE CONFLICT OF INTEREST STATEMENTS AT THE FIRST MEETING OF THE YEAR. THE BOARD MEMBERS ARE REQUIRED TO RETURN THE SIGNED STATEMENTS WITHIN 2 WEEKS. IF THE FORMS ARE NOT RETURNED WITHIN TWO WEEKS, STAFF MEMBERS WILL FOLLOW UP WITH THOSE BOARD MEMBERS WHO HAVE NOT RETURNED THEIR FORMS. STAFF REVIEWS ALL OF THE CONFLICT OF INTEREST STATEMENTS AND NOTIFIES THE CHAIRMAN OF THE BOARD OF ANY CONFLICTS OF INTEREST THAT MAY EXIST. STAFF THEN MONITORS THE POTENTIAL FOR CONFLICTS OF INTEREST ON MATTERS THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE GREATER WILKES-BARRE DEVELOPMENT CORPORATION'S PARENT ENTITY, GREATER WILKES-BARRE CHAMBER OF BUSINESS AND INDUSTRY ("CBI"), MAINTAINS A PERSONNEL COMMITTEE CHARGED WITH ESTABLISHING AND ADMINISTERING THE COMPENSATION PRACTICES FOR OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. THE PERSONNEL COMMITTEE UTILIZES COMPARABILITY DATA PUBLISHED BY SIMILAR ECONOMIC DEVELOPMENT ORGANIZATIONS AND CHAMBERS OF COMMERCE, SUCH AS THE INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL AND THE ASSOCIATION OF CHAMBER OF COMMERCE EXECUTIVES, ON BOTH A NATIONAL AND STATEWIDE BASIS. CBI'S COMPENSATION DECISIONS ARE BASED UPON A REVIEW OF COMPENSATION FOR JOBS THAT ARE SIMILAR IN RESPONSIBILITIES AND DUTIES, IN ORGANIZATIONS THAT ARE SIMILAR IN SIZE, REVENUE, AND/OR NUMBER OF EMPLOYEES. COMMITTEE MEETINGS ARE HELD ON A REGULAR BASIS, AND DELIBERATION AND COMMITTEE DECISIONS ARE DOCUMENTED IN DETAIL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART V, LINE 2A: THE SALARIES AND WAGES REPORTED ON FORM 990, PART IX ARE THE GREATER WILKES-BARRE DEVELOPMENT CORPORATION'S ALLOCATED PAYROLL COSTS BASED ON TIME SPENT. ALL INDIVIDUALS WORKING AT THE GREATER WILKES-BARRE DEVELOPMENT CORPORATION ARE EMPLOYEES OF THE GREATER WILKES BARRE CHAMBER OF BUSINESS & INDUSTRY ("CBI") AND ARE REPORTED ON ITS FORM 941 UNDER EIN: 02-0605397. CBI IS AN AFFILIATED TAX-EXEMPT ORGANIZATION. PAYROLL TAXES ARE ALLOCATED IN THE SAME MANNER AS SALARIES AND WAGES, BASED ON TIME SPENT. THE ORGANIZATION'S ALLOCATED PAYROLL TAX EXPENSE IS INCLUDED IN "OTHER SALARIES AND WAGES" REPORTED ON LINE 7 OF THE STATEMENT OF FUNCTIONAL EXPENSES. WILKES BARRE LOFTS LLC RESIDENTIAL REAL ESTATE WILKESBARRE PA 18701 264526263 INACTIVE PA 0 0 THE GREATER WILKES BARRE DEVELOPMENT CORPORATION GREATER WILKES-BARRE CHAMBER OF COMMERCE 7 SOUTH MAIN STREET WILKESBARRE PA 18710 240751080 TO UNITE, GUIDE, SUPPORT, AND SPEAK FOR THOSE ENGAGED IN COMMERCE IN W-B. PA 501(C)(6) N/A THE GREATER WILKES-BARRE CHAMBER OF BUSINESS AND INDUSTRY 0 CEG INC 7 SOUTH MAIN STREET WILKESBARRE PA 18710 232369945 TO UNITE, GUIDE, SUPPORT, AND SPEAK FOR THOSE ENGAGED IN COMMERCE IN W-B. PA 501(C)(6) N/A GREATER WYOMING VALLEY CHAMBER 0 GREATER WILKES-BARRE INDUSTRIAL FUND INC 7 SOUTH MAIN STREET WILKESBARRE PA 18710 246024395 TO ENCOURAGE AND IMPROVE THE INDUSTRIAL GROWTH IN THE WYOMING VALLEY AREA. PA 501(C)(4) N/A THE GREATER WILKES-BARRE CHAMBER OF BUSINESS AND INDUSTRY 0 THE GREATER WILKES-BARRE CHAMBER OF BUSINESS AND INDUSTRY 7 SOUTH MAIN STREET WILKESBARRE PA 18710 020605397 SUPPORT, SPONSOR, ADMINISTER AND OVERSEE COMMUNITY PROGRAMS AND ACTIVITIES. PA 501(C)(3) LINE 10 N/A 0 GREATER WYOMING VALLEY CHAMBER 7 SOUTH MAIN STREET WILKESBARRE PA 18710 270633091 TO UNITE, GUIDE, SUPPORT AND SPEAK FOR THOSE ENGAGED IN COMMERCE IN W-B. PA 501(C)(6) N/A THE GREATER WILKES-BARRE CHAMBER OF BUSINESS AND INDUSTRY 0 GREATER WILKES-BARRE GROWTH PARTNERSHIP 7 SOUTH MAIN STREET WILKESBARRE PA 18710 263345028 TO SUPPORT THE ACTIVITIES OF THE RELATED ORGANIZATIONS. PA 501(C)(3) LINE 7 THE GREATER WILKES-BARRE CHAMBER OF BUSINESS AND INDUSTRY 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0