Nonprofit · EIN 01-0687154
NORTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PA CDC INC
Tax-exempt · DUNMORE, PA 18512
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $258,240 | $237,043 | $21,197 | $117,134 | $26,426 | $90,708 |
| December 31, 2024 | 990 | $233,045 | $223,757 | $9,288 | $100,606 | $31,095 | $69,511 |
| December 31, 2023 | 990 | $247,257 | $250,761 | -$3,504 | $101,735 | $56,512 | $45,223 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $258,240
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $72,178
- Other salaries and wages
- $67,677
- Salaries, compensation and benefits (total)
- $165,208
- Professional fundraising fees
- $0
- Legal fees
- $5,084
- Accounting fees
- $6,000
- Occupancy
- $6,000
- Depreciation
- $1,732
- Program services (functional)
- $151,635
- Management and general (functional)
- $85,408
Balance sheet and other
- Total assets, start of year
- $100,606
- Total assets, end of year
- $117,134
- Total liabilities, end of year
- $26,426
- Net assets, end of year
- $90,708
- Land, buildings and equipment
- $4,619
- Net assets without donor restrictions
- $90,708
- Gross receipts
- $258,240
- Employees
- 2
- Year formed
- 2005
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Fred Rinaldi | President Trustee or director, Officer | 40 | $72,754 |
| William Rinaldi | Chair Trustee or director, Officer | 15 | $0 |
| Alan Swantek | Secretary Trustee or director, Officer | 20 | $0 |
| Joseph Riviello | Asst Secretary Trustee or director, Officer | 5 | $0 |
| Thomas Rainey | Treasurer Trustee or director, Officer | 10 | $0 |
| Joseph Comerota | Director Trustee or director | 5 | $0 |
| Kimberly Santarsie | Director Trustee or director | 5 | $0 |
| Mark Bennett | Director Trustee or director | 5 | $0 |
| Raymond Angeli | Director Trustee or director | 5 | $0 |
| Nicholas Parise | Director Trustee or director | 5 | $0 |
| Paul Walsh | Director Trustee or director | 5 | $0 |
| James Worobey | Director Trustee or director | 5 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Fred Rinaldi | PresidentExecutive Director Trustee or director, Officer | 40 | $30,000 |
| William Rinaldi | Chairman Trustee or director, Officer | 15 | $21,154 |
| Alan Swantek | Secretary Trustee or director, Officer | 20 | $0 |
| Joseph Riviello | Asst Secretary Trustee or director, Officer | 5 | $0 |
| Thomas Rainey | Treasurer Trustee or director, Officer | 10 | $0 |
| Joseph Comerota | Director Trustee or director | 5 | $0 |
| Kimberly Santarsie | Director Trustee or director | 5 | $0 |
| Mark Bennett | Director Trustee or director | 5 | $0 |
| Raymond Angeli | Director Trustee or director | 5 | $0 |
| Nicholas Parise | Director Trustee or director | 5 | $0 |
| Paul Walsh | Director Trustee or director | 5 | $0 |
| James Worobey | Director Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM RINALDI | PRESIDENT AND EXECUTIVE DIREC Trustee or director, Officer | 35 | $50,000 |
| STEVE ARMILLAY | DIRECTOR Trustee or director | 5 | $0 |
| RAYMOND ANGELI | DIRECTOR Trustee or director | 5 | $0 |
| MARK BENNETT | DIRECTOR Trustee or director | 5 | $0 |
| NICHOLAS PARISE | DIRECTOR Trustee or director | 5 | $0 |
| JAMES WOROBEY | DIRECTOR Trustee or director | 5 | $0 |
| PAUL WALSH | DIRECTOR Trustee or director | 5 | $0 |
| JOSEPH RIVIELLO | DIRECTOR Trustee or director | 5 | $0 |
| JOSEPH COMEROTA | DIRECTOR Trustee or director | 5 | $0 |
| WILLIAM BOYLE | DIRECTOR Trustee or director | 5 | $0 |
| JOHN FORD | DIRECTOR Trustee or director | 5 | $0 |
| KIMBERLY SANTARSIERC | DIRECTOR Trustee or director | 5 | $0 |
| WILLIAM GIOVAGNOLI | SECRETARY Trustee or director, Officer | 20 | $0 |
| ALLAN SWANTEK | ASSISTANT SECRETARY Trustee or director, Officer | 5 | $0 |
| THOMAS RAINEY | TREASURER Trustee or director, Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 1000 DUNHAM DR, DUNMORE, PA 18512-2666
- In care of
- % FRED RINALDI
- Signed the 990
- FRED RINALDI, President
- Phone
- (570) 457-6726
- Website
- https://nedcocdc.com/
- Return prepared by
- WILLIAM OWENS AND COMPANY CPAS
Mission
ENHANCING THE AVAILABILITY OF EMPLOYMENT OPPORTUNITIES
Program accomplishments
- CONSULTING & UNDERWRITING SBA LOAN PROGRAMS FOR SMALL BUSINESS & NON PROFIT ORGANIZATIONS TO PROMOTE EMPLOYMENT OPPORTUNITIES WITHIN A GEOGRAPHIC AREA OF OPERATIONSExpenses $151,635 · revenue $258,240
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 01-0687154
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $117,134
- Income (IRS master file)
- $258,240
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $258,240 | $237,043 | $117,134 | XML |
| 990 | December 2024 | $233,045 | $223,757 | $100,606 | IRS |
| 990 | December 2023 | $247,257 | $250,761 | $101,735 | XML |
| 990 | December 2022 | $278,511 | $250,347 | $119,925 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0687154).
Questions about NORTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PA CDC INC
- What is the EIN of NORTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PA CDC INC?
- The employer identification number (EIN) of NORTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PA CDC INC is 01-0687154.
- Is NORTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PA CDC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to NORTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PA CDC INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PA CDC INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NORTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PA CDC INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PA CDC INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of NORTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PA CDC INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $72,754 (Fred Rinaldi, President).
- How much revenue does NORTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PA CDC INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $258,240, expenses of $237,043 and total assets of $117,134 at year end.
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