Nonprofit · EIN 25-1450625
BEAVER COUNTY CORPORATION FOR ECONOMIC DEVELOPMENT
Tax-exempt · BEAVER, PA 15009
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,954,049 | $1,095,623 | $1,858,426 | $32,361,510 | $1,131,792 | $31,229,718 |
| June 30, 2024 | 990 | $1,949,594 | $1,911,348 | $38,246 | $30,941,458 | $1,570,166 | $29,371,292 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $398,440
- of which government grants
- $366,940
- Membership dues
- $11,500
- Program service revenue
- $248,039
- Investment income
- $2,803,954
- Net rental income
- -$496,384
- Net gain from sales of assets
- $2,512,318
- Other revenue
- -$496,384
Expenses
- Grants and similar amounts paid
- $274,799
- Compensation of officers, directors and key employees
- $150,320
- Salaries, compensation and benefits (total)
- $515,046
- Professional fundraising fees
- $0
- Legal fees
- $4,006
- Accounting fees
- $49,637
- Occupancy
- $28,201
- Travel
- $4,275
- Program services (functional)
- $848,822
- Management and general (functional)
- $246,801
Balance sheet and other
- Total assets, start of year
- $30,941,458
- Total assets, end of year
- $32,361,510
- Total liabilities, end of year
- $1,131,792
- Net assets, end of year
- $31,229,718
- Land, buildings and equipment
- $15,021,162
- Net assets without donor restrictions
- $26,550,795
- Net assets with donor restrictions
- $4,678,923
- Gross receipts
- $6,059,229
- Employees
- 4
- Volunteers
- 14
- Year formed
- 1983
- 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 | Other / benefits |
|---|---|---|---|---|
| LEWIS VILLOTTI | PRESIDENT Officer | 40 | $140,367 | $41,499 |
| CAREY MCDOUGALL | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CAROLYN RENNINGER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JOE BEVEVINO | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DR MELVIN STEALS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JACK MANNING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL CAMP III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TONY AMADIO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID O'LEARY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LARRY NELSON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MATTHEW DAWSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ED DEMAILO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE LINCHECK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RENEE SUHR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELAINE SAVOLDI | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LEWIS VILLOTTI | PRESIDENT Officer | 40 | $141,368 | $37,117 |
| CAREY MCDOUGALL | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CAROLYN RENNINGER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JOE BEVEVINO | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DR MELVIN STEALS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JACK MANNING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL CAMP | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TONY AMADIO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID O'LEARY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LARRY NELSON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MATTHEW DAWSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ED DEMAILO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE LINCHECK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RENEE SUHR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELAINE SAVOLDI | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1000 3RD STREET SUITE 1, BEAVER, PA 15009-2026
- Principal officer (990 for 2024)
- LEWIS VILLOTTI, 1000 THIRD STREET SUITE 1, BEAVER, PA 15009
- Signed the 990
- LEWIS VILLOTTI, PRESIDENT
- Phone
- (724) 728-8610
- Website
- WWW.BEAVERCOUNTYCED.ORG
- Return prepared by
- MAHER DUESSEL CPA'S
Mission
CED'S MISSION IS TO ENCOURAGE JOB CREATION AND PRIVATE INVESTMENT IN BEAVER COUNTY BY: ASSISTING IN OR UNDERTAKING THE DEVELOPMENT OF SITES AND STRUCTURES IN STRATEGIC LOCATIONS FOR VALUE-ADDED COMPANIES; OPERATING OR ACCESSING FINANCING PROGRAMS FOR VALUE-ADDED COMPANIES; AND, ASSISTING IN OR UNDERTAKING SPECIAL INITIATIVES THAT HAVE A SIGNIFICANT COMMUNITY IMPACT.
Program accomplishments
- THE CORPORATION PROMOTES AND ASSISTS ECONOMIC REVITALIZATION IN BEAVER COUNTY THROUGH ITS DEVELOPMENT OF INDUSTRIAL PARKS AND FACILITIES AND BUSINESS FINANCING. THE CORPORATION'S CURRENT INDUSTRIAL PARKS AND FACILITIES INCLUDE 1) ALIQUIPPA INDUSTRIAL PARK, 2) MONACA COMMERCE CENTER, 3) 1200 AIRPORT ROAD, 4) WESTGATE BUSINESS PARK, 5) CREEKSIDE SPRINGS, 6) 1317 7TH AVE AND 7) 1000 3RD STREET. PROGRAM SERVICE EXPENSES INCLUDE LAND IMPROVEMENTS, PROPERTY TAXES, AND OTHER COSTS ASSOCIATED WITH THE DEVELOPMENT AND OPERATION OF THESE SITES.Expenses $848,822 · revenue $2,263,973
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
- 25-1450625
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1986
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $32,361,510
- Income (IRS master file)
- $6,059,229
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,954,049 | $1,095,623 | $32,361,510 | XML |
| 990 | June 2024 | $1,949,594 | $1,911,348 | $30,941,458 | XML |
| 990 | June 2023 | $750,100 | $848,502 | $31,351,175 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 25-1450625).
Questions about BEAVER COUNTY CORPORATION FOR ECONOMIC DEVELOPMENT
- What is the EIN of BEAVER COUNTY CORPORATION FOR ECONOMIC DEVELOPMENT?
- The employer identification number (EIN) of BEAVER COUNTY CORPORATION FOR ECONOMIC DEVELOPMENT is 25-1450625.
- Is BEAVER COUNTY CORPORATION FOR ECONOMIC DEVELOPMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1986.
- Are donations to BEAVER COUNTY CORPORATION FOR ECONOMIC DEVELOPMENT tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BEAVER COUNTY CORPORATION FOR ECONOMIC DEVELOPMENT 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 BEAVER COUNTY CORPORATION FOR ECONOMIC DEVELOPMENT 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 BEAVER COUNTY CORPORATION FOR ECONOMIC DEVELOPMENT 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 BEAVER COUNTY CORPORATION FOR ECONOMIC DEVELOPMENT?
- The 990 for the year ended June 30, 2025 names LEWIS VILLOTTI.
- Who are the officers and directors of BEAVER COUNTY CORPORATION FOR ECONOMIC DEVELOPMENT?
- The 990 for the year ended June 30, 2025 lists 15 people; 1 received compensation from the organization, the highest $140,367 (LEWIS VILLOTTI, PRESIDENT).
- How much revenue does BEAVER COUNTY CORPORATION FOR ECONOMIC DEVELOPMENT have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,954,049, expenses of $1,095,623 and total assets of $32,361,510 at year end.
Other nonprofits in BEAVER
- GCU EIN 25-0522060 · last filed 990 for 2025
- HERITAGE VALLEY HEALTH SYSTEM INC EIN 25-1441518 · last filed 990 for 2025
- H A P ENTERPRISES INC EIN 25-1605062 · last filed 990 for 2025
- NONPROFIT EMERGENCY SERVICES OF BEAVER COUNTY EIN 25-1349503 · last filed 990 for 2024
- AMERICAN CABLE ASSOCIATION INC EIN 94-3180176 · last filed 990 for 2024
- HAP SENIOR CARE INC DBA BEAVER MEAD EIN 25-1840419 · last filed 990 for 2024
- ADOPTION CONNECTION PA EIN 26-2114941 · last filed 990 for 2024
- WOMENS CENTER OF BEAVER COUNTY EIN 25-1338317 · last filed 990 for 2025