Nonprofit · EIN 23-2978513
CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION
Tax-exempt · EXTON, PA 19341
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,975,471 | $2,902,961 | $72,510 | $3,845,783 | $2,024,187 | $1,821,596 |
| June 30, 2023 | 990 | $2,317,273 | $2,363,105 | -$45,832 | $2,992,328 | $1,207,806 | $1,784,522 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,609,383
- of which government grants
- $2,581,633
- Program service revenue
- $205,060
- Investment income
- $32,598
- Net rental income
- -$13,495
- Other revenue
- $128,430
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $20,377
- Depreciation
- $99,506
- Program services (functional)
- $2,726,217
- Management and general (functional)
- $176,744
Balance sheet and other
- Total assets, start of year
- $3,274,820
- Total assets, end of year
- $3,845,783
- Total liabilities, end of year
- $2,024,187
- Net assets, end of year
- $1,821,596
- Land, buildings and equipment
- $1,554,590
- Net assets without donor restrictions
- $1,628,973
- Net assets with donor restrictions
- $192,623
- Gross receipts
- $3,006,399
- Employees
- 0
- Volunteers
- 350
- Year formed
- 1994
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GARY SMITH | CEO Officer | 10 | $0 | $205,468 | $31,387 |
| MICHAEL GRIGALONIS | COO Officer | 10 | $0 | $186,266 | $29,237 |
| JAMES HAMMOND | VP OF FINANCE Officer | 10 | $0 | $103,020 | $26,344 |
| BILL STEDMAN | CHAIR Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| MICHAEL J HANKIN | FIRST VICE-CHAIR Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| DR R LORRAINE BERNOTSKY | TREASURER Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| ARTHUR A BERNARDON AIA | HONORARY DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| CONRAD M OLIE | HONORARY DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| EDWARD J BREINER | DIRECTOR EMERITUS Trustee or director | 0.3 | $0 | $0 | $0 |
| EDWIN A BROWNLEY JR | HONORARY DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| F WILLIAM BOGLE | DIRECTOR EMERTIUS Trustee or director | 0.3 | $0 | $0 | $0 |
| FRANK A PILIERO | HONORARY DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| HANNO SPRANGER | HONORARY DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| JIM READING | HONORARY DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| JOHN C SNYDER ESQUIRE | HONORARY DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
58 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSH MAXWELL | EX-OFFICIO Trustee or director | 0.3 | $0 |
| MARIAN D MOSKOWITZ | DIRECTOR EMERITUS Trustee or director | 0.3 | $0 |
| ERIC ROE | EX-OFFICIO Trustee or director | 0.3 | $0 |
| NANCY R CORSON | HONORARY DIRECTOR Trustee or director | 0.3 | $0 |
| R STANLEY SCHUCK | HONORARY DIRECTOR Trustee or director | 0.3 | $0 |
| ROBERT F FISCHER CPA | HONORARY DIRECTOR Trustee or director | 0.3 | $0 |
| ROGER N HUGGINS ESQUIRE | HONORARY DIRECTOR Trustee or director | 0.3 | $0 |
| TIM PHELPS | EX-OFFICIO Trustee or director | 0.3 | $0 |
| A STEVEN KRUG | EX-OFFICIO Trustee or director | 0.3 | $0 |
| ALBERT D FULLER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ANAND SOLANKI | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ANNETTE F FAVORITE | BOARD MEMBER Trustee or director | 0.3 | $0 |
| BILL HOSTETTER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DR COLIN J NEILL | EX-OFFICIO Trustee or director | 0.3 | $0 |
| DWAYNE WALTON | BOARD MEMBER Trustee or director | 0.3 | $0 |
| GAIL B DOOLEY LPN CDP | EX-OFFICIO IP CHAIR Trustee or director | 0.3 | $0 |
| GEORGE FIORE EDD | EX-OFFICIO Trustee or director | 0.3 | $0 |
| GREG NEWELL | EX-OFFICIO IP CHAIR Trustee or director | 0.3 | $0 |
| GREG VIETRI | BOARD MEMBER Trustee or director | 0.3 | $0 |
| GREGORY REAVES | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JAMES E TURNER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JEANETTE ROMAN | GOVERNMENTAL DIRECTOR Trustee or director | 0.3 | $0 |
| JOYCE CHESTER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JOSHUA SNYDER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| LAURA MANION | EX-OFFICIO Trustee or director | 0.3 | $0 |
| LISA VAN ESS | EX-OFFICIO Trustee or director | 0.3 | $0 |
| LOUIS B KUPPERMAN ESQUIRE | GOVERNMENTAL DIRECTOR Trustee or director | 0.3 | $0 |
| MATT ADAMS | BOARD MEMBER Trustee or director | 0.3 | $0 |
| MICHAEL A DEHAVEN CPA | GOVERNMENTAL DIRECTOR Trustee or director | 0.3 | $0 |
| MICHAEL A BRAY | SECRETARY Trustee or director, Officer | 0.3 | $0 |
| MIGUEL BAPTISTA | BOARD MEMBER Trustee or director | 0.3 | $0 |
| MICHAEL CAPPELLETTI | BOARD MEMBER Trustee or director | 0.3 | $0 |
| NABILA SAJID | BOARD MEMBER Trustee or director | 0.3 | $0 |
| PAUL TRUSKOLASKI | BOARD MEMBER Trustee or director | 0.3 | $0 |
| PERRY BENTLEY | BOARD MEMBER Trustee or director | 0.3 | $0 |
| RACHEL ROBERTS | BOARD MEMBER Trustee or director | 0.3 | $0 |
| STEVE FIGGATT | BOARD MEMBER Trustee or director | 0.3 | $0 |
| SUE WATRAS | EX-OFFICIO Trustee or director | 0.3 | $0 |
| THEO NOTARAS | EX-OFFICIO Trustee or director | 0.3 | $0 |
| THOMAS J BURKE | EX-OFFICIO Trustee or director | 0.3 | $0 |
| W PATRICK SCOTT ESQUIRE | BOARD MEMBER Trustee or director | 0.3 | $0 |
| W TODD POHLIG | EX-OFFICIO Trustee or director | 0.3 | $0 |
| HELEN J ESBENSHADE ESQUIRE | SOLICITOR FOR CCEDC Trustee or director | 0.3 | $0 |
| RICHARD FRAZIER ESQUIRE | SOLICITOR FOR CCEDF Trustee or director | 0.3 | $0 |
| CRAIG A STYER ESQUIRE | BOARD MEMBER Trustee or director | 0.3 | $0 |
| FAWN COLLINGWOOD | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DR MARTA YERA CRONIN | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DAVID DILWORTH | BOARD MEMBER Trustee or director | 0.3 | $0 |
| EILEEN PERPIGLIA | BOARD MEMBER Trustee or director | 0.3 | $0 |
| KARA RAHN | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JANE TANG | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JOSEPH E BRION | BOARD MEMBER Trustee or director | 0.3 | $0 |
| CAROLINA DIGIORGIO | BOARD MEMBER Trustee or director | 0.3 | $0 |
| SUE NARDUCCI | BOARD MEMBER Trustee or director | 0.3 | $0 |
| BETTINA TWEARDY RIVEROS JD | BOARD MEMBER Trustee or director | 0.3 | $0 |
| GEOFFREY SHEEHAN | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ERIK T WALSCHBURGER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ANDREA YOUNDT | BOARD MEMBER Trustee or director | 0.3 | $0 |
990 for the year ended June 30, 2023: 75 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CRAIG A STYER ESQUIRE | CHAIRMAN Trustee or director, Officer | 0.3 | $0 |
| BILL STEDMAN | VICE-CHAIR Trustee or director, Officer | 0.3 | $0 |
| MICHAEL J HANKIN | TREASURER Trustee or director, Officer | 0.3 | $0 |
| DR R LORRAINE BERNOTSKY | SECRETARY Trustee or director, Officer | 0.3 | $0 |
| ARTHUR A BERNARDON AIA | HONORARY DIRECTOR Trustee or director | 0.3 | $0 |
| CONRAD M OLIE | HONORARY DIRECTOR Trustee or director | 0.3 | $0 |
| EDWARD J BREINER | DIRECTOR EMERITUS Trustee or director | 0.3 | $0 |
| EDWIN A BROWNLEY JR | HONORARY DIRECTOR Trustee or director | 0.3 | $0 |
| F WILLIAM BOGLE | DIRECTOR EMERTIUS Trustee or director | 0.3 | $0 |
| FRANK A PILIERO | HONORARY DIRECTOR Trustee or director | 0.3 | $0 |
| HANNO SPRANGER | HONORARY DIRECTOR Trustee or director | 0.3 | $0 |
| JIM READING | DIRECTOR EMERTIUS Trustee or director | 0.3 | $0 |
| JOHN C SNYDER ESQUIRE | HONORARY DIRECTOR Trustee or director | 0.3 | $0 |
| JOSH MAXWELL | EX-OFFICIO Trustee or director | 0.3 | $0 |
| MARIAN D MOSKOWITZ | DIRECTOR EMERITUS Trustee or director | 0.3 | $0 |
| MICHELLE KICHLINE | EX-OFFICIO Trustee or director | 0.3 | $0 |
| NANCY R CORSON | HONORARY DIRECTOR Trustee or director | 0.3 | $0 |
| R STANLEY SCHUCK | HONORARY DIRECTOR Trustee or director | 0.3 | $0 |
| ROBERT F FISCHER CPA | HONORARY DIRECTOR Trustee or director | 0.3 | $0 |
| ROGER N HUGGINS ESQUIRE | DIRECTOR EMERTIUS Trustee or director | 0.3 | $0 |
| TIM PHELPS | EX-OFFICIO Trustee or director | 0.3 | $0 |
| A STEVEN KRUG | EX-OFFICIO Trustee or director | 0.3 | $0 |
| ALBERT D FULLER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ANAND SOLANKI | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ANNETTE F FAVORITE | BOARD MEMBER Trustee or director | 0.3 | $0 |
| BILL HOSTETTER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| BOBBY KAGEL | GOVERNMENTAL DIRECTOR Trustee or director | 0.3 | $0 |
| BRIAN N O'LEARY AICP | GOVERNMENTAL DIRECTOR Trustee or director | 0.3 | $0 |
| DIANE M DISNEY PHD | EX-OFFICIO Trustee or director | 0.3 | $0 |
| DR COLIN J NEILL | EX-OFFICIO Trustee or director | 0.3 | $0 |
| DWAYNE WALTON | BOARD MEMBER Trustee or director | 0.3 | $0 |
| GAIL B DOOLEY LPN CDP | EX-OFFICIO IP CHAIR Trustee or director | 0.3 | $0 |
| GEORGE FIORE EDD | EX-OFFICIO Trustee or director | 0.3 | $0 |
| GREG NEWELL | EX-OFFICIO IP CHAIR Trustee or director | 0.3 | $0 |
| GREG VIETRI | BOARD MEMBER Trustee or director | 0.3 | $0 |
| GREGORY REAVES | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JAMES E TURNER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JEANETTE ROMAN | GOVERNMENTAL DIRECTOR Trustee or director | 0.3 | $0 |
| JOHN J CAMERO | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JOYCE CHESTER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| KATHY GORMAN | BOARD MEMBER Trustee or director | 0.3 | $0 |
| LAURA MANION | EX-OFFICIO Trustee or director | 0.3 | $0 |
| LISA VAN ESS | EX-OFFICIO Trustee or director | 0.3 | $0 |
| LOUIS B KUPPERMAN ESQUIRE | GOVERNMENTAL DIRECTOR Trustee or director | 0.3 | $0 |
| MARK DAVIS | BOARD MEMBER Trustee or director | 0.3 | $0 |
| MATT ADAMS | BOARD MEMBER Trustee or director | 0.3 | $0 |
| MICHAEL A DEHAVEN CPA | GOVERNMENTAL DIRECTOR Trustee or director | 0.3 | $0 |
| MICHAEL F MERLIE ESQUIRE | BOARD MEMBER Trustee or director | 0.3 | $0 |
| MICHAEL J KELLY | BOARD MEMBER Trustee or director | 0.3 | $0 |
| MICHAEL LONG | BOARD MEMBER Trustee or director | 0.3 | $0 |
| MICHAEL A BRAY | EX-OFFICIO Trustee or director | 0.3 | $0 |
| MIGUEL BAPTISTA | BOARD MEMBER Trustee or director | 0.3 | $0 |
| MICHAEL CAPPELLETTI | BOARD MEMBER Trustee or director | 0.3 | $0 |
| NABILA SAJID | BOARD MEMBER Trustee or director | 0.3 | $0 |
| PAUL TRUSKOLASKI | BOARD MEMBER Trustee or director | 0.3 | $0 |
| PERRY BENTLEY | BOARD MEMBER Trustee or director | 0.3 | $0 |
| PHILLIP EASTMAN | EX-OFFICIO Trustee or director | 0.3 | $0 |
| RACHEL ROBERTS | BOARD MEMBER Trustee or director | 0.3 | $0 |
| SASSAN HEJAZI PHD | BOARD MEMBER Trustee or director | 0.3 | $0 |
| STEVE FIGGATT | BOARD MEMBER Trustee or director | 0.3 | $0 |
| SUE WATRAS | EX-OFFICIO Trustee or director | 0.3 | $0 |
| THEO NOTARAS | BOARD MEMBER Trustee or director | 0.3 | $0 |
| THOMAS J BURKE | EX-OFFICIO Trustee or director | 0.3 | $0 |
| W PATRICK SCOTT ESQUIRE | BOARD MEMBER Trustee or director | 0.3 | $0 |
| W TODD POHLIG | EX-OFFICIO Trustee or director | 0.3 | $0 |
| CRAIG ADLER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| CHRISTOPER BENEVENTO | BOARD MEMBER Trustee or director | 0.3 | $0 |
| MARIAN MCGORRY PHD | BOARD MEMBER Trustee or director | 0.3 | $0 |
| MARIA O'CONNELL | WDB CHAIR Trustee or director | 0.3 | $0 |
| SUE SPRINGSTEEN | BOARD MEMBER Trustee or director | 0.3 | $0 |
| HELEN J ESBENSHADE ESQUIRE | SOLICITOR FOR CCEDC Trustee or director | 0.3 | $0 |
| RICHARD FRAZIER ESQUIRE | SOLICITOR FOR CCEDF Trustee or director | 0.3 | $0 |
| GARY SMITH | CEO Officer | 10 | $0 |
| JAMES HAMMOND | VP OF FINANCE Officer | 10 | $0 |
| MICHAEL GRIGALONIS | COO Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 737 CONSTITUTION DR, EXTON, PA 19341-1100
- In care of
- % CHESTER COUNTY DEVELOPMENT COUNCI
- Principal officer (990 for 2024)
- JAMES HAMMOND, 737 CONSTITUTION DRIVE, EXTON, PA 19341
- Signed the 990
- JAMES HAMMOND, VP OF FINANCE
- Phone
- (610) 458-5700
- Return prepared by
- MAILLIE LLP
Mission
ENGAGING IN TRAINING AND EDUCATIONAL ACTIVITIES PERTAINING TO ECONOMIC DEVELOPMENT. SERVICES INCLUDE EFFORTS TO RETAIN AND EXPAND BUSINESSES, WORKFORCE ETC. AND ALSO TO IMPROVE ECONOMIC CONDITIONS IN ECONOMICALLY DISTRESSED AREAS.
Program accomplishments
- THE FOUNDATION PARTNERS PRIMARILY WITH THE CHESTER COUNTY WORKFORCE INVESTMENT BOARD TO PROVIDE INDUSTRY FOCUSED WORKFORCE TRAINING, EDUCATION AND ASSISTANCE TO BUSINESSES AND INDIVIDUALS. INDUSTRY FOCUS GROUPS ACTIVE THIS YEAR INCLUDED INFORMATION TECHNOLOGY, HEALTHCARE, AGRICULTURE, MANUFACTURING, TRAINING, AND ENERGY.Expenses $2,581,633
- RENTAL FACILITY PROGRAM - THE FOUNDATION RENTS SPACE TO AN AFFILIATED TAX EXEMPT ORGANIZATION WHICH IT RENTS TO HELP ACCOMPLISH ITS TAX EXEMPT PURPOSE.Expenses $144,584 · revenue $205,060
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
- 23-2978513
- 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
- 2000
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $3,845,783
- Income (IRS master file)
- $3,006,399
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,975,471 | $2,902,961 | $3,845,783 | XML |
| 990 | June 2024 | $3,789,118 | $3,824,554 | $3,274,820 | IRS |
| 990 | June 2023 | $2,317,273 | $2,363,105 | $2,992,328 | XML |
| 990 | June 2022 | $1,959,714 | $2,019,322 | $3,055,585 | 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 23-2978513).
Questions about CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION
- What is the EIN of CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION?
- The employer identification number (EIN) of CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION is 23-2978513.
- Is CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION 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 CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION 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 CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION 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 CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION?
- The 990 for the year ended June 30, 2025 names JAMES HAMMOND.
- Who are the officers and directors of CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 73 people; 0 received compensation from the organization.
- How much revenue does CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,975,471, expenses of $2,902,961 and total assets of $3,845,783 at year end.
Other nonprofits in EXTON
- AGRONOMED FOUNDATION CORP EIN 87-3450269 · last filed 990 for 2024
- CHESTER COUNTY COMMERCIAL INDUSTRIAL INVESTMENT COUNCIL INC EIN 23-2766276 · last filed 990-N for 2025
- WEST WHITELAND TOWNSHIP POLICE OFFICERS ASSOCIATION EIN 85-0844651 · last filed 990-N for 2025
- COLLEGIUM CHARTER SCHOOL EIN 23-2991473 · last filed 990 for 2025
- INSIGHT PA CYBER CHARTER SCHOOL EIN 46-1166314 · last filed 990 for 2025
- CCRES EIN 23-3011813 · last filed 990 for 2025
- BRIANS HOUSE INCORPORATED EIN 23-1990596 · last filed 990 for 2025
- HOLCOMB ASSOCIATES INC EIN 23-2093566 · last filed 990 for 2025
All nonprofits in EXTON · Pennsylvania · Community improvement and capacity building