Nonprofit · EIN 25-1525572
ENTERPRISE DEVELOPMENT FUND OF ERIE COUNTY INC
Tax-exempt · ERIE, PA 16501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $636,059 | $218,323 | $417,736 | $5,367,136 | $3,905,868 | $1,461,268 |
| December 31, 2023 | 990 | $807,119 | $172,620 | $634,499 | $5,012,110 | $3,949,586 | $1,062,524 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $364,857
- of which government grants
- $357,857
- Program service revenue
- $233,561
- Investment income
- $3,405
- Net rental income
- $318
- Other revenue
- $34,236
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $6,987
- Accounting fees
- $20,450
- Depreciation
- $377
- Program services (functional)
- $188,396
- Management and general (functional)
- $29,927
Balance sheet and other
- Total assets, start of year
- $5,012,110
- Total assets, end of year
- $5,367,136
- Total liabilities, end of year
- $3,905,868
- Net assets, end of year
- $1,461,268
- Land, buildings and equipment
- $7,941
- Net assets without donor restrictions
- $1,461,268
- Gross receipts
- $645,592
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1986
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES BARBER | CHAIR Trustee or director, Officer | 1 | $0 |
| SHERRY BAUER | BOARD MEMBER Trustee or director | 1 | $0 |
| WILLIAM MCANDREW | SECRETARY Trustee or director, Officer | 1 | $0 |
| SARAH GIAMBANCO | TREASURER Trustee or director, Officer | 1 | $0 |
| ANTHONY DABREO | BOARD MEMBER Trustee or director | 1 | $0 |
| TERRY HOLMES | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| KAREN THOMAS | BOARD MEMBER Trustee or director | 1 | $0 |
| JENNIFER HOFFMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN BUCHNA | BOARD MEMBER Trustee or director | 1 | $0 |
| KYRA TAYLOR | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID BRENNAN | BOARD MEMBER Trustee or director | 1 | $0 |
| ROBIN KING | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES BARBER | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| SHERRY BAUER | BOARD MEMBER Trustee or director | 1 | $0 |
| WILLIAM MCANDREW | SECRETARY Trustee or director, Officer | 1 | $0 |
| SARAH GIAMBANCO | TREASURER Trustee or director, Officer | 1 | $0 |
| ANTHONY DABREO | BOARD MEMBER Trustee or director | 1 | $0 |
| TERRY HOLMES | CHAIR Trustee or director, Officer | 1 | $0 |
| KAREN THOMAS | BOARD MEMBER Trustee or director | 1 | $0 |
| JENNIFER HOFFMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| STEVE VENNARE | BOARD MEMBER Trustee or director | 1 | $0 |
| KYRA TAYLOR | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID BRENNAN | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1314 GRISWOLD PLAZA, ERIE, PA 16501-1743
- Principal officer (990 for 2024)
- CHARLES BARBER, 1314 GRISWOLD PLAZA, Erie, PA 16501
- Signed the 990
- CHARLES BARBER, CHAIRMAN
- Phone
- (814) 450-0002
- Return prepared by
- HEBERLEIN & FALK PC
Mission
TO ASSIST IN THE REGION'S ECONOMIC DEVELOPMENT AND COMMUNITY DEVELOPMENT STRATEGY BY PROVIDING CREDIT, CAPITAL, AND TECHNICAL SUPPORT TO CREATE AND RETAIN JOBS FOR UNDERSERVED POPULATIONS.
Program accomplishments
- CREATION OF A LOAN FUND TO ASSIST BUSINESSES TO STIMULATE COMMUNITY AND ECONOMIC DEVELOPMENT AND TO INCREASE EMPLOYMENT IN UNDERSERVED POPULATIONSExpenses $188,396 · revenue $267,479
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 | Not 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
- 25-1525572
- 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
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31Z)
- Assets (IRS master file)
- $5,367,136
- Income (IRS master file)
- $645,592
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $636,059 | $218,323 | $5,367,136 | IRS |
| 990 | December 2023 | $807,119 | $172,620 | $5,012,110 | XML |
| 990 | December 2022 | $583,744 | $406,004 | $4,870,106 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 25-1525572).
Questions about ENTERPRISE DEVELOPMENT FUND OF ERIE COUNTY INC
- What is the EIN of ENTERPRISE DEVELOPMENT FUND OF ERIE COUNTY INC?
- The employer identification number (EIN) of ENTERPRISE DEVELOPMENT FUND OF ERIE COUNTY INC is 25-1525572.
- Is ENTERPRISE DEVELOPMENT FUND OF ERIE COUNTY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to ENTERPRISE DEVELOPMENT FUND OF ERIE COUNTY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ENTERPRISE DEVELOPMENT FUND OF ERIE COUNTY INC 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 ENTERPRISE DEVELOPMENT FUND OF ERIE COUNTY INC 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 ENTERPRISE DEVELOPMENT FUND OF ERIE COUNTY INC 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 ENTERPRISE DEVELOPMENT FUND OF ERIE COUNTY INC?
- The 990 for the year ended December 31, 2024 names CHARLES BARBER.
- Who are the officers and directors of ENTERPRISE DEVELOPMENT FUND OF ERIE COUNTY INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
- How much revenue does ENTERPRISE DEVELOPMENT FUND OF ERIE COUNTY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $636,059, expenses of $218,323 and total assets of $5,367,136 at year end.
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All nonprofits in ERIE · Pennsylvania · Community improvement and capacity building