Nonprofit · EIN 23-2639287
MORRISVILLE ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · MORRISVILLE, PA 19067
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $13,382 | $7,449 | $5,933 | $257,819 | $0 | $257,819 |
| December 31, 2024 | 990-EZ | $20,313 | $15,968 | $4,345 | $251,885 | – | $251,885 |
| December 31, 2023 | 990-EZ | $166,118 | $13,878 | $152,240 | $247,541 | – | $247,541 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Program service revenue
- $5,680
- Investment income
- $7,702
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $5,439
- Occupancy
- $960
- Other expenses
- $1,050
- Program services (functional)
- $7,449
Balance sheet and other
- Total assets, start of year
- $251,886
- Total assets, end of year
- $257,819
- Total liabilities, end of year
- $0
- Net assets, end of year
- $257,819
- Cash, savings and investments
- $257,819
- Gross receipts
- $13,382
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBIN REITHMEYER | PRESIDENT | 7 | $0 |
| DON DIRETTO | VICE PRESIDENT | 7 | $0 |
| JOAN DIRETTO | TREASURER | 7 | $0 |
990-EZ for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBIN REITHMEYER | CHAIRPERSON | 7 | $0 |
| DON DIRETTO | SECRETARY/VI | 7 | $0 |
| JOAN F DIRETTO-WEIK | TREASURER | 7 | $0 |
| JOSEPH MCGOWAN | DIRECTOR | 7 | $0 |
| CURT KELLY | DIRECTOR | 7 | $0 |
| JOHN DEWILDE | DIRECTOR | 7 | $0 |
| FRANK MCCARTHY | DIRECTOR | 7 | $0 |
990-EZ for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBIN REITHMEYER | CHAIRPERSON | 7 | $0 |
| DON DIRETTO | SECRETARY/VI | 7 | $0 |
| JOAN F DIRETTO-WEIK | TREASURER | 7 | $0 |
| JOSEPH MCGOWAN | DIRECTOR | 7 | $0 |
| CURT KELLY | DIRECTOR | 7 | $0 |
| JOHN DEWILDE | DIRECTOR | 7 | $0 |
| FRANK MCCARTHY | DIRECTOR | 7 | $0 |
Address and contacts
- Address (IRS master file)
- 35 UNION STREET, MORRISVILLE, PA 19067-6246
- Signed the 990-EZ
- JOAN F DIRETTO-WEIK, TREASURER
- Phone
- (267) 312-4268
- Return prepared by
- BRINKER SIMPSON & COMPANY LLC
Mission
THE PURPOSES OF THE CORPORATION ARE TO PROMOTE THE ECONOMIC AND GENERAL WELFARE OF MORRISVILLE BOROUGH, PENNSYLVANIA BY SECURING NEW INDUSTRIES, BUSINESS, AND COMMERCE FOR THE VARIOUS MORRISVILLE BOROUGH NEIGHBORHOODS; THE PROMOTION, GROWTH AND EXPANSION OF INDUSTRIES ESTABLISHED IN MORRISVILLE BOROUGH; THE DEVELOPMENT AND CREATION OF MORE INDUSTRIAL JOBS AND LARGER INDUSTRIAL PAYROLLS THROUGH THE ACQUISITION AND IMPROVEMENT OF SITES AND THE ERECTION OF INDUSTRIAL BUILDINGS FOR NEW INDUSTRIES AND DISTRIBUTION ESTABLISHMENTS; ASSISTANCE, ENCOURAGEMENT AND PROMOTION OD APPROPRIATE PROPOSED OR PROJECTED INDUSTRIAL AND COMMERCIAL DEVELOPMENTS IN MORRISVILLE BOROUGH AND PROJECTS THAT WILL INCREASE THE FLOW OF WAGES AND INCOME INTO THE CHANNELS OF TRADE AND COMMERCE; THE ASSEMBLAGE AND DISSEMINATION OF COMMERCIAL AND ECONOMIC INFORMATION CONCERNING THE EXPANSION; AND ENCOURAGEMENT OF APPROPRIATE NEW HOUSING DEVELOPMENT AND IMPROVED HOUSING CONDITIONS, WHILE PRESERVING THE QUALITY OF THE BORO
Program accomplishments
- THE PURPOSES OF THE CORPORATION ARE TO PROMOTE THE ECONOMIC AND GENERAL WELFARE OF MORRISVILLE BOROUGH, PENNSYLVANIA BY SECURING NEW INDUSTRIES, BUSINESS, AND COMMERCE FOR THE VARIOUS MORRISVILLE BOROUGH NEIGHBORHOODS; THE PROMOTION, GROWTH AND EXPANSION OF INDUSTRIES ESTABLISHED IN MORRISVILLE BOROUGH; THE DEVELOPMENT AND CREATION OF MORE INDUSTRIAL JOBS AND LARGER INDUSTRIAL PAYROLLS THROUGH THE ACQUISITION AND IMPROVEMENT OF SITES AND THE ERECTION OF INDUSTRIAL BUILDINGS FOR NEW INDUSTRIES AND DISTRIBUTION ESTABLISHMENTS; ASSISTANCE, ENCOURAGEMENT AND PROMOTION OD APPROPRIATE PROPOSED OR PROJECTED INDUSTRIAL AND COMMERCIAL DEVELOPMENTS IN MORRISVILLE BOROUGH AND PROJECTS THAT WILL INCREASE THE FLOW OF WAGES AND INCOME INTO THE CHANNELS OF TRADE AND COMMERCE; THE ASSEMBLAGE AND DISSEMINATION OF COMMERCIAL AND ECONOMIC INFORMATION CONCERNING THE EXPANSION; AND ENCOURAGEMENT OF APPROPRIATE NEW HOUSING DEVELOPMENT AND IMPROVED HOUSING CONDITIONS, WHILE PRESERVING THE QUALITY OF THE BOROUGH'S RESIDENTIAL NEIGHBORHOODS. FOR THESE PURPOSES, THE CORPORATION SHALL HAVE THE RIGHT TO PURCHASE, OWN, LEASE, MORTGAGE, MANAGE, SELL, RENOVATE, REPAIR AND IMPROVE LAND AND BUILDINGS OR ANY INTEREST THEREIN AND TO CONSTRUCT NEW BUILDINGS, AND, IN GENERAL TO DO ALL THINGS NECESSARY, INCIDENTAL AND PROPER FOR ACCOMPLISHING SAID PURPOSES, INCLUDING THE BORROWING AND LENDING OF MONEY. IN ADDITION, THE CORPORATION SHALL FUNCTION AS A VEHICLE FOR COOPERATIVE PROJECTS FOR INTERCOMMUNITY COOPERATION.Expenses $7,449
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 23-2639287
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $257,819
- Income (IRS master file)
- $13,382
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $13,382 | $7,449 | $257,819 | XML |
| 990-EZ | December 2024 | $20,313 | $15,968 | $251,885 | XML |
| 990-EZ | December 2023 | $166,118 | $13,878 | $247,541 | XML |
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 23-2639287).
Questions about MORRISVILLE ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of MORRISVILLE ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of MORRISVILLE ECONOMIC DEVELOPMENT CORPORATION is 23-2639287.
- Is MORRISVILLE ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to MORRISVILLE ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MORRISVILLE ECONOMIC DEVELOPMENT CORPORATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MORRISVILLE ECONOMIC DEVELOPMENT 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 MORRISVILLE ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of MORRISVILLE ECONOMIC DEVELOPMENT CORPORATION?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MORRISVILLE ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $13,382, expenses of $7,449 and total assets of $257,819 at year end.
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All nonprofits in MORRISVILLE · Pennsylvania · Community improvement and capacity building