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Nonprofit · EIN 25-1237688

CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · CLARION, PA 16214

Financials

$360K$734K2024
Revenue Expenses · by fiscal year end
Financials of CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$360,403$734,396-$373,993$1,560,447$263,200$1,297,247
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$879,631
of which government grants
$857,426
Membership dues
$22,205
Program service revenue
$5,597
Investment income
-$524,918
Net gain from sales of assets
-$569,341
Other revenue
$93

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$235,178
Salaries, compensation and benefits (total)
$271,978
Professional fundraising fees
$0
Occupancy
$17,636
Travel
$7,315
Depreciation
$50,991
Program services (functional)
$659,885
Management and general (functional)
$74,511

Balance sheet and other

Total assets, start of year
$2,035,527
Total assets, end of year
$1,560,447
Total liabilities, end of year
$263,200
Net assets, end of year
$1,297,247
Land, buildings and equipment
$280,822
Net assets without donor restrictions
$773,724
Net assets with donor restrictions
$523,523
Gross receipts
$1,156,179
Employees
5
Year formed
1972
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
CHELSEA ALEXANDERDIRECTOR
Trustee or director
–$0
RYAN FLICKDIRECTOR
Trustee or director
–$0
MICHAEL FORNOFDIRECTOR
Trustee or director
–$0
JOSH LESNIAKDIRECTOR
Trustee or director
–$0
MARY LOUISE LOGUEDIRECTOR
Trustee or director
–$0
LAURA PROSSERDIRECTOR
Trustee or director
–$0
JOHN SOROKADIRECTOR
Trustee or director
–$0
TED THARANDIRECTOR
Trustee or director
–$0
JUANICE VEGADIRECTOR
Trustee or director
–$0
LESLIE WALTERSDIRECTOR
Trustee or director
–$0
TRACI WILDESONDIRECTOR
Trustee or director
–$0
MILISSA BAUERSECRETARY/TR
Officer
–$0
JASON L HANSFORDVICE PRESIDE
Officer
–$0
WILLIAM HENRYPRESIDENT
Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 109, CLARION, PA 16214-0109
In care of
% COURTHOUSE
Principal officer (990 for 2024)
WILLIAM HENRY, 10189 ROUTE 322, SHIPPENVILLE, PA 16254
Signed the 990
MILISSA BAUER, SECRETARY/TREASURER
Phone
(814) 226-9045
Return prepared by
BROOKS & RHOADS CPAS

Mission

THE CORPORATION FOSTERS ECONOMIC GROWTH IN CLARION COUNTY, PENNSYLVANIA BY PROMOTING THE COUNTY AS BOTH A HUB FOR BUSINESS DEVELOPMENT AND A PRIME TOURISM DESTINATION. CCEDC'S PROGRAMS ARE DESIGNED TO BOOST THE LOCAL ECONOMY WHILE ENHANCING THE QUALITY OF LIFE FOR BUSINESSES, RESIDENTS, AND VISITORS. CORE FUNCTIONS INCLUDE BUSINESS SUPPORT, STRATEGIC PLANNING, TOURISM MARKETING, COMMUNITY REDEVELOPMENT, INDUSTRIAL PARK DEVELOPMENT AND MAINTENANCE, GRANT AND LOAN ADMINISTRATION, INFRASTRUCTURE EXPANSION, AND WORKFORCE AND EDUCATION DEVELOPMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • THE CORPORATION FOSTERS ECONOMIC GROWTH IN CLARION COUNTY, PENNSYLVANIA BY PROMOTING THE COUNTY AS BOTH A HUB FOR BUSINESS DEVELOPMENT AND PRIME TOURISM DESTINATION. THE CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION'S PROGRAMS ARE DESIGNED TO BOOST THE LOCAL ECONOMY WHILE ENHANCING THE QUALITY OF LIFE FOR BUSINESSES, RESIDENTS, AND VISITORS. CORE FUNCTIONS INCLUDE BUSINESS SUPPORT, STRATEGIC PLANNING, TOURISM MARKETING, COMMUNITY REDEVELOPMENT, INDUSTRIAL PARK DEVELOPMENT AND MAINTENANCE, GRANT AND LOAN ADMINISTRATION, INFRASTRUCTURE EXPANSION, AND WORKFORCE AND EDUCATION DEVELOPMENT.
    Expenses $659,885

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
25-1237688
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
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,560,447
Income (IRS master file)
$1,156,179

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$658,226$531,479$2,035,527IRS
990December 2022$182,602$231,171$1,963,651IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION is 25-1237688.
Is CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CLARION COUNTY 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 CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names WILLIAM HENRY.
Who are the officers and directors of CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
How much revenue does CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $360,403, expenses of $734,396 and total assets of $1,560,447 at year end.

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