2025-06-02T13:15:21-05:00 2024-12-31 251031405 MCGILL POWER BELL & ASSOC LLP 2402 W 8TH STREET ERIE PA 16505 990 2024-01-01 251227432 GIRARD AREA INDUSTRIAL DEVELOPMENT CORP GIRA 8147749339 227 HATHAWAY STREET EAST GIRARD PA 16417 DAMON P HOMICH CHAIRMAN 8147749339 2025-05-22 1 0 VINCENT HALUPCZYNSKI P00347533 8144536594 2024 2025-03-06 01:10:19Z DAMON P HOMICH 227 HATHAWAY STREET EAST GIRARD PA 16417 333361 0 X N/A X 1961 PA ENCOURAGE BUSINESS DEVELOPMENT AND JOBS FOR THE UNEMPLOYED BY PROVIDING LOW COST INDUSTRIAL SPACE. 2 1 7 2 0 0 33718 24212 315132 309143 6 6 0 0 348856 333361 0 0 0 0 198050 185865 0 0 0 208288 179028 406338 364893 -57482 -31532 867862 821861 40033 25564 827829 796297 GAIDC'S FUNCTION IS TO ENCOURAGE BUSINESS DEVELOPMENT AND JOB OPPORTUNITIES FOR THE UNEMPLOYED BY PROVIDING SMALL BUSINESSES WITH LOW COST SPACE. 0 0 229550 309143 GAIDC'S SOLE FUNCTION IS TO ENCOURAGE BUSINESS DEVELOPMENT AND JOB OPPORTUNITIES FOR THE UNEMPLOYED BY PROVIDING SMALL BUSINESSES WITH LOW COST SPACE IN GAIDC'S INDUSTRIAL FACILITY. GAIDC HAS BEEN SUCCESSFUL IN ITS MISSION AS THERE ARE PRESENTLY MANY SMALL BUSINESSES IN THE FACILITY WHO HAVE PROVIDED A SUBSTANTIAL NUMBER OF JOBS FOR PEOPLE IN THE AREA. 229550 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 7 1 0 0 0 0 0 0 0 0 0 0 X 2 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 X DAMON HOMICH 8147749339 227 HATHAWAY STREET EAST GIRARD PA 16417 DAMON P HOMICH CHAIRMAN 46.00 X X 60070 0 13372 DOUGLAS B NAGLE III SECRETARY/TREASURER 1.00 X X 0 0 0 60070 0 13372 0 0 0 0 0 24212 24212 RENTS - IDC PROJECT 532000 309143 309143 309143 6 6 333361 309143 0 6 73442 22033 51409 75989 50513 25476 25261 25261 11173 6007 5166 5057 5057 6381 6381 2992 2992 123685 117722 5963 545 409 136 28639 28639 2346 2111 235 BAD DEBT EXPENSE 5151 5151 MISCELLANEOUS EXPENSE 4232 2116 2116 364893 229550 135343 0 191334 158481 78458 64428 64520 94107 3641 3575 2896845 2395575 529909 501270 867862 821861 40033 25564 40033 25564 X 827829 796297 827829 796297 867862 821861 -31532 0 X X 1 X 0 1 0 X 12588 13506 116317 33718 24212 200341 307954 291063 309832 315132 309143 1533124 320542 304569 426149 348850 333355 1733465 0 0 0 1733465 1068 39 12 6 6 1131 1068 39 12 6 6 1131 321610 304608 426161 348856 333361 1734596 0.99930 0.99680 0.00070 0.00320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 187806 187806 2607593 2302650 304943 101446 92925 8521 501270 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE ORGANIZATION IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. NORTHWEST PENNSYLVANIA INCUBATOR CHAIRMAN OF GAIDC IS THE VICE PRESIDENT OF NORTHWEST PA INCUBATOR 24212 OPERATING GRANT 0 FORM 990, PART VI, SECTION B, LINE 11B THE CHAIRMAN REVIEWS FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS APPROVE ALL PAY INCREASES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, QUESTION 2C: THE CHAIRMAN HANDLES THE DAY-TO-DAY ADMINISTRATION OF THE ORGANIZATION, INCLUDING THE YEAR-END COMPILATION, UPON THE DIRECTION OF THE BOARD OF DIRECTORS. THERE HAVE BEEN NO CHANGES TO THIS PROCESS FROM THE PRIOR YEAR.