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Nonprofit · EIN 25-1525572

ENTERPRISE DEVELOPMENT FUND OF ERIE COUNTY INC

Tax-exempt · ERIE, PA 16501

Financials

$807K$173K2023$636K$218K2024
Revenue Expenses · by fiscal year end
Financials of ENTERPRISE DEVELOPMENT FUND OF ERIE COUNTY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$636,059$218,323$417,736$5,367,136$3,905,868$1,461,268
December 31, 2023990$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.

NameTitleHours / weekCompensation
CHARLES BARBERCHAIR
Trustee or director, Officer
1$0
SHERRY BAUERBOARD MEMBER
Trustee or director
1$0
WILLIAM MCANDREWSECRETARY
Trustee or director, Officer
1$0
SARAH GIAMBANCOTREASURER
Trustee or director, Officer
1$0
ANTHONY DABREOBOARD MEMBER
Trustee or director
1$0
TERRY HOLMESVICE CHAIR
Trustee or director, Officer
1$0
KAREN THOMASBOARD MEMBER
Trustee or director
1$0
JENNIFER HOFFMANBOARD MEMBER
Trustee or director
1$0
JOHN BUCHNABOARD MEMBER
Trustee or director
1$0
KYRA TAYLORBOARD MEMBER
Trustee or director
1$0
DAVID BRENNANBOARD MEMBER
Trustee or director
1$0
ROBIN KINGBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
CHARLES BARBERVICE CHAIRMAN
Trustee or director, Officer
1$0
SHERRY BAUERBOARD MEMBER
Trustee or director
1$0
WILLIAM MCANDREWSECRETARY
Trustee or director, Officer
1$0
SARAH GIAMBANCOTREASURER
Trustee or director, Officer
1$0
ANTHONY DABREOBOARD MEMBER
Trustee or director
1$0
TERRY HOLMESCHAIR
Trustee or director, Officer
1$0
KAREN THOMASBOARD MEMBER
Trustee or director
1$0
JENNIFER HOFFMANBOARD MEMBER
Trustee or director
1$0
STEVE VENNAREBOARD MEMBER
Trustee or director
1$0
KYRA TAYLORBOARD MEMBER
Trustee or director
1$0
DAVID BRENNANBOARD 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.

990 for the year ended December 31, 2024

Program accomplishments

  • CREATION OF A LOAN FUND TO ASSIST BUSINESSES TO STIMULATE COMMUNITY AND ECONOMIC DEVELOPMENT AND TO INCREASE EMPLOYMENT IN UNDERSERVED POPULATIONS
    Expenses $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 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
25-1525572
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
Assets (IRS master file)
$5,367,136
Income (IRS master file)
$645,592

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$636,059$218,323$5,367,136IRS
990December 2023$807,119$172,620$5,012,110XML
990December 2022$583,744$406,004$4,870,106IRS
990December 2021–––IRS
990December 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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