Nonprofit · EIN 23-2491931
EDC FINANCE CORPORATION
Tax-exempt · LANCASTER, PA 17602
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,701,860 | $1,362,998 | $338,862 | $4,709,723 | $2,354,843 | $2,354,880 |
| December 31, 2024 | 990 | $2,012,251 | $1,274,721 | $737,530 | $2,698,465 | $711,100 | $1,987,365 |
| December 31, 2023 | 990 | $1,293,667 | $1,114,024 | $179,643 | $2,779,760 | $1,554,067 | $1,225,693 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $370,490
- of which government grants
- $370,490
- Program service revenue
- $1,250,291
- Investment income
- $81,079
- Net gain from sales of assets
- $8,464
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $10,750
- Accounting fees
- $16,695
- Occupancy
- $25,263
- Travel
- $11,734
- Depreciation
- $493
- Program services (functional)
- $1,219,415
- Management and general (functional)
- $143,583
Balance sheet and other
- Total assets, start of year
- $2,698,465
- Total assets, end of year
- $4,709,723
- Total liabilities, end of year
- $2,354,843
- Net assets, end of year
- $2,354,880
- Land, buildings and equipment
- $1,233
- Publicly traded securities
- $435,817
- Net assets without donor restrictions
- $2,354,880
- Gross receipts
- $1,702,382
- Employees
- 0
- Volunteers
- 12
- Year formed
- 1987
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| EZRA ROTHMAN | PRESIDENT Officer | 3.3 | $0 | $148,768 | $26,984 |
| JESSICA HAMILTON | VICE PRESIDE Officer | 37.5 | $0 | $144,326 | $9,685 |
| JOHN BIEMILLER | VICE PRESIDE Officer | 0 | $0 | $134,315 | $9,353 |
| KALIOPI KAROMFILY | RELATIONSHIP Highest-paid employee | 37.5 | $0 | $114,032 | $9,962 |
| KIMBERLY J DECKER | BOARD VICE C Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JACQUELIN EBY | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JUSTIN M EBY | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JORDAN K FARRELL | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| KURT GROFF | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| BRETT D JACKSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| SAMUEL JORDAN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| GEORGE M LONGRIDGE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JOSE R LOPEZ | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ROBERT C SHOEMAKER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| TONY H SMITH | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN YOUNGS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| EZRA ROTHMAN | PRESIDENT Officer | 2.4 | $0 | $141,891 | $23,734 |
| JESSICA HAMILTON | VICE PRESIDE Officer | 37.5 | $0 | $138,815 | $6,348 |
| JOHN BIEMILLER | VICE PRESIDE Officer | 0 | $0 | $122,464 | $8,100 |
| KIMBERLY J DECKER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JACQUELIN EBY | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JUSTIN M EBY | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JORDAN K FARRELL | BOARD VICE C Trustee or director, Officer | 2 | $0 | $0 | $0 |
| KURT GROFF | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ROGER M GUTTRIDGE | DIRECTOR THR Trustee or director | 2 | $0 | $0 | $0 |
| BRETT D JACKSON | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| SAM JORDAN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JOSE R LOPEZ | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ROBERT C SHOEMAKER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| TONY H SMITH | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| DAN YOUNGS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JESSICA HAMILTON | VICE PRESIDE Officer | 37.5 | $0 | $135,312 | $6,988 |
| LISA RIGGS | PREVIOUS PRE Officer | 1.2 | $0 | $109,423 | $14,350 |
| JOHN BIEMILLER | VICE PRESIDE Officer | 4.1 | $0 | $110,834 | $7,405 |
| EZRA ROTHMAN | PRESIDENT Officer | 0.5 | $0 | $102,238 | $9,732 |
| JEFFREY S BLEACHER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KIMBERLY J DECKER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JACQUELIN EBY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JUSTIN M EBY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JORDAN K FARRELL | BOARD VICE C Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROGER M GUTTRIDGE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRETT D JACKSON | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOSE R LOPEZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL P PEACHEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT C SHOEMAKER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TONY H SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 115 EAST KING STREET, LANCASTER, PA 17602-2826
- Principal officer (990 for 2025)
- EZRA ROTHMAN, 115 EAST KING STREET, LANCASTER, PA 17602
- Signed the 990
- EZRA ROTHMAN, PRESIDENT
- Phone
- (717) 397-4046
- Website
- WWW.EDCFINANCECORP.COM
- Return prepared by
- BROWN PLUS
Mission
TO FACILITATE THE INDUSTRIAL AND ECONOMIC DEVELOPMENT OF LANCASTER COUNTY AND ACT AS AN INDUSTRIAL DEVELOPMENT CORPORATION PURSUANT TO THE PA INDUSTRIAL DEVELOPMENT AUTHORITY ACT AND ADMINISTER FUNDS AVAILABLE UNDER THE SMALL BUSINESS SBA 504 PROGRAM.
Program accomplishments
- EDC FINANCE IS A LEADING PROVIDER OF ECONOMIC DEVELOPMENT FINANCING TO BUSINESSES, DEVELOPERS, AND FARMERS THROUGH RESOURCES SUCH AS SMALL BUSINESS ADMINISTRATION (SBA) 504, PENNSYLVANIA INDUSTRIAL DEVELOPMENT AUTHORITY, BUILDING PA, STATE SMALL BUSINESS CREDIT INITIATIVE, LANCASTER CITY REVITILIZATION & IMPROVEMENT ZONE, AND TRADITIONAL IDA TAX EXEMPT LOANS.Expenses $1,219,415 · revenue $1,250,291
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
- 23-2491931
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $4,709,723
- Income (IRS master file)
- $1,702,382
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,701,860 | $1,362,998 | $4,709,723 | XML |
| 990 | December 2024 | $2,012,251 | $1,274,721 | $2,698,465 | XML |
| 990 | December 2023 | $1,293,667 | $1,114,024 | $2,779,760 | XML |
| 990 | December 2022 | $1,017,373 | $950,774 | $2,667,867 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 23-2491931).
Questions about EDC FINANCE CORPORATION
- What is the EIN of EDC FINANCE CORPORATION?
- The employer identification number (EIN) of EDC FINANCE CORPORATION is 23-2491931.
- Is EDC FINANCE CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1989.
- Are donations to EDC FINANCE CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does EDC FINANCE 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 EDC FINANCE CORPORATION 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 EDC FINANCE CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of EDC FINANCE CORPORATION?
- The 990 for the year ended December 31, 2025 names EZRA ROTHMAN.
- Who are the officers and directors of EDC FINANCE CORPORATION?
- The 990 for the year ended December 31, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does EDC FINANCE CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,701,860, expenses of $1,362,998 and total assets of $4,709,723 at year end.
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