2026-06-04T08:29:20-05:00 2025-12-31 231311005 BOYER & RITTER LLC 211 HOUSE AVENUE CAMP HILL PA 17011 990 2025-01-01 251453719 FRANKLIN COUNTY AREA DEVELOPMENT CORPORATION FRAN 7172638282 1900 WAYNE ROAD CHAMBERSBURG PA 17202 L MICHAEL ROSS PRESIDENT 7172638282 2026-05-29 1 DAVID J MANBECK CPA P00773661 7177617210 2025 2025-03-06 01:10:19Z L MICHAEL ROSS 1900 WAYNE ROAD CHAMBERSBURG PA 17202 1816860 0 X WWW.FCADC.COM X 1960 PA TO PROMOTE ECONOMIC DEVELOPMENT STRATEGIES FOR FRANKLIN COUNTY, PENNSYLVANIA 15 14 4 20 0 0 145377 305127 1149685 1259292 73088 66734 32194 11361 1400344 1642514 6097 148789 0 0 746953 774666 0 0 0 555721 686205 1308771 1609660 91573 32854 14919913 16359008 3488276 4703865 11431637 11655143 TO FORMULATE, IMPLEMENT, AND PROMOTE ECONOMIC DEVELOPMENT STRATEGIES FOR FRANKLIN COUNTY, PENNSYLVANIA AND THE ENHANCEMENT OF JOB OPPORTUNITIES THEREIN. 0 0 ECONOMIC DEVELOPMENT PROGRAM:DURING 2025 FCADC WAS INVOLVED IN NUMEROUS DEVELOPMENT PROJECTS ACROSS THE COUNTY THAT REPRESENT ROUGHLY $214 MILLION OF NEW CAPITAL INVESTMENTS WHICH HAS CREATED/RETAINED MORE THAN 750 JOBS. THE FCADC AVAILED $7.3+ MILLION OF ECONOMIC DEVELOPMENT RESOURCES IN SUPPORT OF THOSE PROJECTS. IN ADDITION FCADC PARTICIPATED IN MORE THAN 125 EVENTS THAT HIGHLIGHTED ECONOMIC DEVEOPMENT ACCOMPLISHMENTS ACROSS THE COUNTY. 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 14 0 1 4 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X L MICHAEL ROSS PRESIDENT 7172638282 1900 WAYNE ROAD CHAMBERSBURG PA 17202 L MICHAEL ROSS PRESIDENT 40.00 X X 311659 0 64101 CHARLES SIOBERG CHAIR 1.00 X X 0 0 0 JIM JUNKIN VICE CHAIR 1.00 X X 0 0 0 BOB MOSER SECRETARY/TREASURER 1.00 X X 0 0 0 CHRIS ARDINGER DIRECTOR 1.00 X 0 0 0 RODNEY BENEDICK DIRECTOR 1.00 X 0 0 0 STEPHEN CHRISTIAN DIRECTOR 1.00 X 0 0 0 JOHN FLANNERY DIRECTOR 1.00 X 0 0 0 DEAN HORST DIRECTOR 1.00 X 0 0 0 BRAD KEARNS DIRECTOR 1.00 X 0 0 0 WENDY KIPE DIRECTOR 1.00 X 0 0 0 JACKIE MOWEN DIRECTOR 1.00 X 0 0 0 CHAD ROSENBERRY DIRECTOR 1.00 X 0 0 0 KENDRA THOMPSON DIRECTOR 1.00 X 0 0 0 BOB ZIOBROWSKI DIRECTOR 1.00 X 0 0 0 JUDY EVANS OPERATIONS MGR/ASST. SEC. 40.00 X 119630 0 21889 431289 0 85990 2 0 1 0 0 300127 5000 305127 RENTAL INCOME 532000 1123721 1123721 INTEREST INCOME 522291 70697 70697 ADMINISTRATIVE FEES 523940 64874 64874 1259292 64458 64458 91192 88019 897 3173 -897 2276 2276 94040 85430 8610 8610 MISCELLANEOUS 900099 2751 2751 2751 1642514 1262043 0 75344 148789 375760 270991 42314 47848 37753 9104 35960 2541 12892 21284 41905 22460 160380 296047 7946 COMMERCIAL PROPERTY EXP 61290 DUES & SUBSCRIPTIONS 14376 BANK FEES 20 1609660 1614020 1601316 1717045 1802878 34781 640 1573662 1310067 13263990 3745586 8010678 9518404 805778 967135 1163949 1158568 14919913 16359008 25090 19301 52893 124890 3410293 4559674 3488276 4703865 X 11431637 11655143 11431637 11655143 14919913 16359008 32854 190652 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1802575 160000 1962575 10200101 694451 3408740 7485812 144845 132558 12287 259683 2335 204288 57730 9518404 INVESTMENT IN CFDC, LLC 1158568 1158568 X 1830624 190651 190651 1639973 2541 2541 1642514 1607118 0 1607118 2541 2541 1609659 PART X, LINE 2: PART X, LINE 2: MANAGEMENT HAS ASSESSED THE ORGANIZATION'S EXPOSURE TO INCOME TAXES AT THE ENTITY LEVEL AS A RESULT OF UNCERTAIN TAX POSITIONS TAKEN IN CURRENT AND PREVIOUSLY FILED TAX RETURNS. PRESENTLY, MANAGEMENT BELIEVES THAT IT IS MORE LIKELY THAN NOT ITS TAX POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING ANY APPEALS AND LITITGATION, SUCH THAT THE ORGANIZTION HAS NO EXPOSURE TO INCOME TAX LIABILITIES FROM UNCERTAIN TAX POSITIONS. INDUSTRY APPRECIATION DINNER 78550 78550 70522 ANNUAL MEETING 15490 15490 14908 94040 94040 85430 85430 8610 1 LETTERKENNY ARMY DEPOT 1 OVERCASH AVE CHAMBERSBURG PA 17201 251507926 0 142500 SECURITY CAMERAS 1 PART I, LINE 2: BOARD APPROVAL IS REQUIRED FOR ALL GRANTS MADE BY THE CORPORATION. X 0 0 0 L MICHAEL ROSS PRESIDENT 311659 0 0 0 0 0 46749 0 17352 0 375760 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 AS PROVIDED IN ARTICLE II OF THE CORPORATION'S BY-LAWS: THE CORPORATION SEEKS TO PARTNER WITH A BROAD REPRESENTATION OF COMMERCIAL, INDUSTRIAL, CULTURAL, AND EDUCATIONAL INTERESTS THROUGHOUT THE FRANKLIN COUNTY COMMUNITY. SUCH PARTNERS, WHICH ARE REPRESENTATIVE OF BOTH THE PRIVATE AND PUBLIC SECTORS, ARE REFERRED TO AS "AFFILIATES." AN AFFILIATE IS A PERSON OR ORGANIZATION, WHO BY VIRTUE OF THEIR PARTICULAR OFFICE OR POSITION , SHALL SERVE AS A POINT-OF-CONTACT WITH FCADC. AFFILIATES COMPRISE APPROXIMATELY TWENTY-FIVE REPRESENTATIVES OF LOCAL GOVERNMENTS, NON-PROFIT ORGANIZATIONS, PUBLIC SCHOOL DISTRICTS, UNIVERSITIES OF HIGHER EDUCATION, FINANCIAL INSTITUTIONS, HEALTHCARE PROVIDERS, PUBLIC UTILITES, SERVICE PROVIDERS, TRADE ASSOCIATIONS, NATIONAL DEFENSE FACILITIES, AND ECONOMIC DEVELOPMENT AND PLANNING BODIES. IN ADDITION TO AFFILIATES, THE CORPORATION'S BY-LAWS ALSO PROVIDE FOR "MEMBERS" WHO SHALL BE ANY PERSONS, CORPORATIONS, PARTNERSHIPS OR UNINCORPORATED ASSOCIATONS THAT HAVE A WORKING ADDRESS WITHIN FRANKLIN COUNTY. ANY SUCH PERSON OR ORGANIZATION INTERESTED IN INDUSTRIAL DEVELOPMENT MAY BECOME A MEMBER OF THE CORPORATION BY APPLYING THERETO AND PAYING THE CURRENT MEMBERSHIP FEE AS SHALL BE SET FROM TIME TO TIME BY THE BOARD OF DIRECTORS. EACH MEMBER IS ENTITLED TO ONE VOTE AT ALL MEMBERSHIP MEETINGS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A AS PROVIDED IN ARTICLE III OF THE CORPORATION'S BY-LAWS: THE BOARD OF DIRECTORS SHALL CONSIST OF FIFTEEN PERSONS, NINE OF WHICH ARE DIRECTORS BY VIRTURE OF THEIR POSITION AS SET FORTH IN SECTION 3 OF ARTICLE II (AFFILIATES AND MEMBERS), AND SIX OF WHICH SHALL BE ELECTED BY THE GENERAL MEMBERSHIP. DIRECTORS TO BE ELECTED MUST BE NOMINATED BY THE NOMINATING COMMITTEE AND NOT THE FLOOR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE EXECUTIVE COMMITTEE AND APPROVED FOR FILING BY A MAJORITY OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES EACH EMPLOYEE AND DIRECTOR TO MAKE A FULL DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. POTENTIAL CONFLICTS ARE REVIEWED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S PERSONNEL COMMITTEE RECOMMENDS THE COMPENSATION AND BENEFITS FOR THE PRESIDENT AND KEY EMPLOYEES. THESE RATES ARE ENTERED INTO THE BUDGET WHICH IS GIVEN TO THE BOARD OF DIRECTORS FOR APPROVAL. COMPENSATION IS BASED ON COMPARABILIITY DATA AND CONTEMPRANEOUS SUBSTANTIATION OF THE BOARD'S DELIBERATION AND APPROVAL IS INCLUDED IN THE MINUTES OF MEETINGS OF THE ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKES AVAILABLE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE ANNUAL FINANCIAL STATEMENT AUDIT, AND HIRING OF AN INDEPENDENT AUDITOR. CFDC LLC 100 LINCOLN WAY E SUITE A CHAMBERSBURG PA 17201 943454196 COMMERCIAL REAL ESTATE RENTAL PA N/A RELATED -3601 0 1 0.50000 SOUTH MAIN VENTURES 100 LINCOLN WAY E SUITE A CHAMBERSBURG PA 17201 843616520 COMMERCIAL REAL ESTATE RENTAL PA N/A RELATED -51780 0 1 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0