Nonprofit · EIN 25-1420090
KANE AREA INDUSTRIAL DEVELOPMENT CORP
Tax-exempt · KANE, PA 16735
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $125,546 | $115,893 | $9,653 | $1,490,423 | $122,896 | $1,367,527 |
| December 31, 2024 | 990 | $77,600 | $70,243 | $7,357 | $1,478,401 | $120,527 | $1,357,874 |
| December 31, 2023 | 990 | $71,618 | $59,408 | $12,210 | $1,394,625 | $44,108 | $1,350,517 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,500
- of which government grants
- $2,500
- Program service revenue
- $0
- Investment income
- $9,971
- Net rental income
- $87,081
- Other revenue
- $113,075
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $63,096
- Salaries, compensation and benefits (total)
- $67,653
- Professional fundraising fees
- $0
- Accounting fees
- $1,228
- Depreciation
- $42,621
- Program services (functional)
- $115,893
Balance sheet and other
- Total assets, start of year
- $1,478,401
- Total assets, end of year
- $1,490,423
- Total liabilities, end of year
- $122,896
- Net assets, end of year
- $1,367,527
- Land, buildings and equipment
- $820,468
- Net assets without donor restrictions
- $1,367,527
- Gross receipts
- $139,975
- Employees
- 0
- Year formed
- 1957
- 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 |
|---|---|---|---|
| KATHRYN KENNEDY | EXECUTIVE DIRECTOR Officer, Highest-paid employee | 1 | $56,448 |
| TOM KASE | BOARD MEMBER Trustee or director | 1 | $0 |
| DON PAYNE | BOARD MEMBER Trustee or director | 1 | $0 |
| TOM GEER | BOARD MEMBER Trustee or director | 1 | $0 |
| NORM STROTMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| JEANNINE KLOSS | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK PAPALIA | BOARD MEMBER Trustee or director | 1 | $0 |
| JASON STANLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| STEVE CHITTESTER | BOARD MEMBER Trustee or director | 1 | $0 |
| STEVE TUNALL | PRESIDENT Officer | 1 | $0 |
| CRYSTAL KOCJANCIC | VICE PRESIDENT Officer | 1 | $0 |
| SUSAN ZOOK WILSON | SECRETARY Officer | 1 | $0 |
| STEVE PERRY | TREASURER Officer | 1 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATHRYN KENNEDY | EXECUTIVE DIRECTOR Trustee or director, Officer | 1 | $55,333 | $6,675 |
| STEVE TUNALL | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| CRYSTAL KOCJANCIC | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| SUSAN ZOOK WILSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| STEVE PERRY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| TOM KASE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DON PAYNE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TOM GEER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NORM STROTMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEANNINE KLOSS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK PAPALIA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JASON STANLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STEVE CHITTESTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATHRYN KENNEDY | EXECUTIVE DIRECTOR Trustee or director, Officer | 1 | $47,827 | $5,460 |
| STEVE TUNALL | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| CRYSTAL KOCJANCIC | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| SUSAN ZOOK WILSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| STEVE PERRY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ED KOCJANCIC | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TOM KASE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DON PAYNE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TOM GEER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NORM STROTMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEANNINE KLOSS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 63 N FRALEY ST UNIT 101, KANE, PA 16735-1311
- In care of
- % STEVE TUNALL
- Signed the 990
- STEVE TUNALL, PRESIDENT
- Phone
- (814) 837-6565
- Website
- WWW.KANEPA.COM/KAIDC
- Return prepared by
- Seth A Field Tax & Accounting LLC
Mission
TO ASSIST IN THE RECRUIMENT OF NEW BUSINESS AND INDUSTRY AND TO WORK WITH EXISTING BUSINESS AND INDUSTRY TO RETAIN PRESENT LEVELS AND PROVIDE FOR FUTURE GROWTH.
Program accomplishments
- PROVIDE A VEHICLE FOR COOPERATIVE PROJECTS, INTERCHANGE OF IDEAS, INTERCOMMUNITY COOPERATION, INTERCHANGE OF INDUSTRIAL INFORMATION FOR THE ECONOMICAL DEVELOPMENT AND BETTERMENT OF THE AREA SERVED.Expenses $115,893 · revenue $123,046
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
- 25-1420090
- 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)
- $1,490,423
- Income (IRS master file)
- $139,975
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $125,546 | $115,893 | $1,490,423 | XML |
| 990 | December 2024 | $77,600 | $70,243 | $1,478,401 | XML |
| 990 | December 2023 | $71,618 | $59,408 | $1,394,625 | XML |
| 990 | December 2022 | $55,754 | $53,838 | $1,357,337 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 25-1420090).
Questions about KANE AREA INDUSTRIAL DEVELOPMENT CORP
- What is the EIN of KANE AREA INDUSTRIAL DEVELOPMENT CORP?
- The employer identification number (EIN) of KANE AREA INDUSTRIAL DEVELOPMENT CORP is 25-1420090.
- Is KANE AREA INDUSTRIAL DEVELOPMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1989.
- Are donations to KANE AREA INDUSTRIAL DEVELOPMENT CORP tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does KANE AREA INDUSTRIAL DEVELOPMENT CORP 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 KANE AREA INDUSTRIAL DEVELOPMENT CORP 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 KANE AREA INDUSTRIAL DEVELOPMENT CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of KANE AREA INDUSTRIAL DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $56,448 (KATHRYN KENNEDY, EXECUTIVE DIRECTOR).
- How much revenue does KANE AREA INDUSTRIAL DEVELOPMENT CORP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $125,546, expenses of $115,893 and total assets of $1,490,423 at year end.
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