Nonprofit · EIN 23-2101393
ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · ALLENTOWN, PA 18103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,817,753 | $3,911,259 | -$93,506 | $12,107,342 | $4,731,492 | $7,375,850 |
| June 30, 2024 | 990 | $1,706,842 | $2,157,250 | -$450,408 | $11,184,689 | $3,715,333 | $7,469,356 |
| June 30, 2023 | 990 | -$13,870,273 | $1,967,055 | -$15,837,328 | $14,594,861 | $6,675,097 | $7,919,764 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,560,509
- of which government grants
- $1,334,589
- Program service revenue
- $1,909,473
- Investment income
- $187,826
- Other revenue
- $159,945
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $210,023
- Other salaries and wages
- $564,848
- Salaries, compensation and benefits (total)
- $952,395
- Professional fundraising fees
- $0
- Legal fees
- $1,506
- Accounting fees
- $18,900
- Occupancy
- $311,424
- Travel
- $10,470
- Depreciation
- $513,227
- Program services (functional)
- $3,124,115
- Management and general (functional)
- $787,144
Balance sheet and other
- Total assets, start of year
- $11,184,689
- Total assets, end of year
- $12,107,342
- Total liabilities, end of year
- $4,731,492
- Net assets, end of year
- $7,375,850
- Land, buildings and equipment
- $6,726,759
- Net assets without donor restrictions
- $4,390,793
- Net assets with donor restrictions
- $2,985,057
- Gross receipts
- $3,817,753
- Employees
- 11
- Volunteers
- 13
- Year formed
- 1979
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| R SCOTT UNGER | EXECUTIVE DIRECTOR Officer | 40 | $165,575 | $26,012 |
| DONALD M BERNHARD | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| JOHN G ENGLESSON | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MATTHEW B GREEN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SUSAN E YOUNGS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MATTHEW TUERK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DON CUNNINGHAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDWARD ROMA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID QUIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VICKY KISTLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARYL HENDRICKS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIMOTHY J HOLT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN QUAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES K HARBAUGH | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| R SCOTT UNGER | EXECUTIVE DIRECTOR Officer | 40 | $165,050 | $24,587 |
| DONALD M BERNHARD | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| JOHN G ENGLESSON | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MATTHEW B GREEN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SUSAN E YOUNGS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MATTHEW TUERK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DON CUNNINGHAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDWARD ROMA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID QUIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VICKY KISTLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARYL HENDRICKS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIMOTHY J HOLT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN QUAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES K HARBAUGH | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| R SCOTT UNGER | EXECUTIVE DIRECTOR Officer | 40 | $133,000 | $21,142 |
| DONALD M BERNHARD | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| JOHN G ENGLESSON | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MATTHEW B GREEN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SUSAN E YOUNGS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MATTHEW TUERK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DON CUNNINGHAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDWARD ROMA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID QUIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VICKY KISTLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARNELL SCOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARYL HENDRICKS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK KANE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN QUAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES K HARBAUGH | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 905 HARRISON ST, ALLENTOWN, PA 18103-3188
- Principal officer (990 for 2024)
- R SCOTT UNGER, 905 HARRISION ST, ALLENTOWN, PA 18103
- Signed the 990
- R SCOTT UNGER, EXECUTIVE DIRECTOR
- Phone
- (610) 435-8890
- Website
- WWW.ALLENTOWNEDC.COM
- Return prepared by
- CAMPBELL RAPPOLD & YURASITS LLP
Mission
TO PROACTIVELY IDENTIFY, ENCOURAGE, MANAGE AND DEVELOP STRATEGIC BUSINESS OPPORTUNITIES FOR THE BENEFIT OF ALLENTOWN, ITS CITIZENS, AND THE LEHIGH VALLEY.
Program accomplishments
- PROPERTY MANAGEMENT: MAINTAINING OF OLDER INDUSTRIAL BUILDINGS AND ATTRACTING MANUFACTURERS TO OPERATE FROM AN URBAN LOCATION. THIS IN TURN IS A SUSTAINABLE WAY OF UTILIZING INDUSTRIAL SPACE WHICH CREATES GROWTH OPPORTUNITIES FOR THE CITY AND JOBS FOR ITS RESIDENTS. IN ADDITION, MAINTAIN OTHER PROPERTIES THAT WERE DEVELOPED ON VACANT AND BLIGHTED AREAS AND HELP OLDER PROPERTY MAINTENANCE WHICH HOUSE NON-PROFITS BENEFITING THE RESIDENTS OF THE CITY OF ALLENTOWN.Expenses $2,267,363 · revenue $1,308,514
- DEVELOPMENT PROJECTS: DEVELOPMENT OF ACQUIRED PROPERTIES THAT WERE EITHER BLIGHTED OR UNDERUTILIZED. CREATE NEW JOBS AND FURTHER ECONOMIC DEVELOPMENT BY GETTING THESE PROPERTIES TO A SUSTAINABLE USE.Expenses $300,426 · revenue $179,445
- INCUBATION: ENCOURAGING AND FOSTERING THE DEVELOPMENT OF ECONOMIC GROWTH THROUGH THE ESTABLISHMENT AND MAINTENANCE OF A SMALL BUSINESS INCUBATOR FACILITY WHERE NEW AND GROWING BUSINESSES OPERATE UNDER ONE ROOF WITH LOW COST RENTAL, SHARED SERVICES AND EQUIPMENT, AND ACCESS TO PROFESSIONAL, TECHNICAL AND FINANCIAL PROGRAMS.Expenses $389,126 · revenue $533,822
- 1) BUSINESS RETENTION & EXPANSION: PROGRAM TO RETAIN AND EXPAND BUSINESSES IN ORDER TO BRINGS JOBS AND DEVELOP THE CITY.Expenses $167,200 · revenue $47,637
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2101393
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1981
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43Z)
- Assets (IRS master file)
- $12,107,342
- Income (IRS master file)
- $3,817,753
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,817,753 | $3,911,259 | $12,107,342 | IRS |
| 990 | June 2024 | $1,706,842 | $2,157,250 | $11,184,689 | IRS |
| 990 | June 2023 | -$13,870,273 | $1,967,055 | $14,594,861 | XML |
| 990 | June 2022 | $2,229,356 | $1,882,934 | $29,276,532 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 23-2101393).
Questions about ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION is 23-2101393.
- Is ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION 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 ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names R SCOTT UNGER.
- Who are the officers and directors of ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 14 people; 1 received compensation from the organization, the highest $165,575 (R SCOTT UNGER, EXECUTIVE DIRECTOR).
- How much revenue does ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,817,753, expenses of $3,911,259 and total assets of $12,107,342 at year end.
Other nonprofits in ALLENTOWN
- PHOEBE SERVICES INC EIN 23-2586359 · last filed 990 for 2025
- PROMISE NEIGHBORHOODS OF LEHIGH VALLEY EIN 46-4977927 · last filed 990 for 2024
- THE ALLENTOWN PARKNERSHIP EIN 88-4245260 · last filed 990 for 2025
- GREATER LEHIGH VALLEY AUTOMOBILE DEALERS ASSOCIATION EIN 23-2950346 · last filed 990 for 2025
- RIPPLE COMMUNITY INC EIN 47-4828012 · last filed 990 for 2025
- VOLUNTEER CENTER OF THE LEHIGH VALLEY EIN 23-2862188 · last filed 990 for 2025
- BREWERS OF PENNSYLVANIA EIN 27-5021801 · last filed 990 for 2025
- PHANTOMS CHARITIES EIN 46-2727544 · last filed 990 for 2025
All nonprofits in ALLENTOWN · Pennsylvania · Community improvement and capacity building