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Nonprofit · EIN 25-1515053

GREATER ALTOONA ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · ALTOONA, PA 16602

Financials

$113K$125K2023$9K$23K2024
Revenue Expenses · by fiscal year end
Financials of GREATER ALTOONA ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,872$22,910-$14,038$202,796$0$202,796
December 31, 2023990$112,929$124,780-$11,851$216,834$0$216,834
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$6,579
Program service revenue
$0
Investment income
$2,100
Other revenue
$193

Expenses

Grants and similar amounts paid
$12,625
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$20,755
Management and general (functional)
$2,155

Balance sheet and other

Total assets, start of year
$216,834
Total assets, end of year
$202,796
Total liabilities, end of year
$0
Net assets, end of year
$202,796
Net assets without donor restrictions
$185,856
Net assets with donor restrictions
$16,940
Gross receipts
$8,872
Employees
0
Volunteers
0
Year formed
1985
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
LARRY BILOTTOBOARD MEMBER
Trustee or director
1$0
DAVE BUTTERBAUGHBOARD MEMBER
Trustee or director
1$0
LA VONNE FALBOBOARD MEMBER
Trustee or director
1$0
LOUISA LOBRE-RILEYBOARD MEMBER
Trustee or director
1$0
SHERRI MCGREGORBOARD MEMBER
Trustee or director
1$0
MARK MOSCHELLA JRBOARD MEMBER
Trustee or director
1$0
MATT PACIFICOBOARD MEMBER
Trustee or director
1$0
DIANA WHITEBOARD MEMBER
Trustee or director
1$0
JOHN HORELLCHAIRMAN
Officer
4$0
RON MCCONNELLFIRST VICE CHAIRMAN
Officer
4$0
ANN BENZELSECRETARY
Officer
4$0
STEPHEN MCKNIGHTEXECUTIVE DIRECTOR
Officer
4$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
STEPHEN MCKNIGHTEXECUTIVE DIRECTOR
Trustee or director
4$0
MATT FOXEXECUTIVE DIRECTOR
Trustee or director
4$0
DAVID BUTTERBAUGHBOARD MEMBER
Trustee or director
1$0
LA VONNE FALBOBOARD MEMBER
Trustee or director
1$0
LOUISA LOBRE-RILEYBOARD MEMBER
Trustee or director
1$0
SHERRI MCGREGORBOARD MEMBER
Trustee or director
1$0
MARK MOSCHELLA JRBOARD MEMBER
Trustee or director
1$0
MATT PACIFICOBOARD MEMBER
Trustee or director
1$0
OMAR STROHMBOARD MEMBER
Trustee or director
1$0
DIANA WHITEBOARD MEMBER
Trustee or director
1$0
JOHN HORELLCHAIRMAN
Officer
4$0
RON MCCONNELLFIRST VICE CHAIRMAN
Officer
4$0
ANN BENZELSECRETARY
Officer
4$0

Address and contacts

Address (IRS master file)
3900 INDUSTRIAL PARK DR, ALTOONA, PA 16602-1732
Principal officer (990 for 2024)
STEPHEN MCKNIGHT, 3900 INDUSTRIAL PARK DRIVE, ALTOONA, PA 16602
Signed the 990
STEPHEN MCKNIGHT, EXECUTIVE DIRECTOR
Phone
(814) 942-3484
Return prepared by
YOUNG OAKES BROWN & COMPANY PC

Mission

TO IMPLEMENT AND COMPLETE ACTIVITES NECESSARY FOR DEVELOPMENT OF A REVITALIZATION PLAN FOR THE CITY OF ALTOONA AND SURROUNDING COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • ENTERPRISE ZONE, FACADE REHABILITATION, AND ECONOMIC DEVELOPMENT- TO IMPLEMENT AND COMPLETE THOSE ACTIVITIES NECESSARY FOR DEVELOPMENT OF A REVITALIZATION PLAN FOR THE CITY OF ALTOONA
    Expenses $20,755 · grants $12,625

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 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
25-1515053
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
1987
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$202,796
Income (IRS master file)
$8,872

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,872$22,910$202,796XML
990December 2023$112,929$124,780$216,834XML
990December 2022$318,866$314,247$228,685IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 25-1515053).

Questions about GREATER ALTOONA ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of GREATER ALTOONA ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of GREATER ALTOONA ECONOMIC DEVELOPMENT CORPORATION is 25-1515053.
Is GREATER ALTOONA ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to GREATER ALTOONA ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GREATER ALTOONA ECONOMIC DEVELOPMENT CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of GREATER ALTOONA 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 GREATER ALTOONA 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 GREATER ALTOONA ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names STEPHEN MCKNIGHT.
Who are the officers and directors of GREATER ALTOONA ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does GREATER ALTOONA ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,872, expenses of $22,910 and total assets of $202,796 at year end.

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