Nonprofit · EIN 25-1722404
CORRY INDUSTRIAL BENEFIT ASSOCIATION
Tax-exempt · CORRY, PA 16407
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $64,320 | $100,259 | -$35,939 | $1,074,653 | $65,675 | $1,008,978 |
| December 31, 2023 | 990 | $115,050 | $45,993 | $69,057 | $1,125,592 | $80,675 | $1,044,917 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $91,984
- Program service revenue
- $0
- Investment income
- -$27,664
- Net gain from sales of assets
- -$27,678
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,800
- Program services (functional)
- $96,459
- Management and general (functional)
- $3,800
Balance sheet and other
- Total assets, start of year
- $1,125,592
- Total assets, end of year
- $1,074,653
- Total liabilities, end of year
- $65,675
- Net assets, end of year
- $1,008,978
- Net assets without donor restrictions
- $1,008,978
- Gross receipts
- $225,998
- Employees
- 0
- 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 |
|---|---|---|---|
| Brad Russell | President Trustee or director, Officer | 1 | $0 |
| David S Sample | Vice President Trustee or director, Officer | 1 | $0 |
| Steve Drake | Board Member Trustee or director, Officer | 1 | $0 |
| Kelly Soety | Sec/Treasurer Trustee or director, Officer | 1 | $0 |
| Brian Eiss | Board Member Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brad Russell | Sec./Treasurer Trustee or director, Officer | 1 | $0 |
| David S Sample | President Trustee or director, Officer | 1 | $0 |
| Steve Drake | Vice President Trustee or director, Officer | 1 | $0 |
| Kelly Soety | Board Member Trustee or director, Officer | 1 | $0 |
| Brian Eiss | Board Member Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 125, CORRY, PA 16407-0125
- Principal officer (990 for 2024)
- Brad Russell, PO Box 125, Corry, PA 16407
- Signed the 990
- Brad Russell, President
- Phone
- (814) 664-3884
- Return prepared by
- Maloney Reed Scarpitti & Company LLP
Mission
Provide economic relief to the Corry Area of Northwest Pennsylvania.
Program accomplishments
- The purpose of the association is to provide relief of conditions of poverty, dependency, chronic unemployment, and underemployment and the reduction of community tensions in an economically depressed community.Expenses $96,459
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 | Check at the IRS |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 25-1722404
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41J)
- Assets (IRS master file)
- $1,512,582
- Income (IRS master file)
- $121,418
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $64,320 | $100,259 | $1,074,653 | XML |
| 990 | December 2023 | $115,050 | $45,993 | $1,125,592 | XML |
| 990 | December 2022 | $71,754 | $62,825 | $1,064,035 | 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 25-1722404).
Questions about CORRY INDUSTRIAL BENEFIT ASSOCIATION
- What is the EIN of CORRY INDUSTRIAL BENEFIT ASSOCIATION?
- The employer identification number (EIN) of CORRY INDUSTRIAL BENEFIT ASSOCIATION is 25-1722404.
- Is CORRY INDUSTRIAL BENEFIT ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to CORRY INDUSTRIAL BENEFIT ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CORRY INDUSTRIAL BENEFIT ASSOCIATION 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 CORRY INDUSTRIAL BENEFIT ASSOCIATION 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 CORRY INDUSTRIAL BENEFIT ASSOCIATION 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 CORRY INDUSTRIAL BENEFIT ASSOCIATION?
- The 990 for the year ended December 31, 2024 names Brad Russell.
- Who are the officers and directors of CORRY INDUSTRIAL BENEFIT ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does CORRY INDUSTRIAL BENEFIT ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $64,320, expenses of $100,259 and total assets of $1,074,653 at year end.
Other nonprofits in CORRY
- NUANGEL DOT ORG EIN 88-1214933 · last filed 990-N for 2025
- CORRY MEMORIAL HOSPITAL ASSOCIATION EIN 25-0987222 · last filed 990 for 2025
- COUNSELLING SERVICES CENTER OF SOUTHEASTERN ERIE COUNTY INC EIN 25-1323591 · last filed 990 for 2025
- CORRY AREA INDUSTRIAL DEVELOPMENT CORP EIN 25-6061724 · last filed 990 for 2025
- YOUNG MENS CHRISTIAN ASSOCIATION OF CORRY EIN 25-1032621 · last filed 990 for 2025
- CORRY COMMUNITY DEVELOPMENT CORPORATION EIN 25-1849375 · last filed 990 for 2025
- CORRY HIGHER EDUCATION COUNCIL EIN 25-1659759 · last filed 990 for 2025
- ROSEWOOD RENTAL COMPANY INC EIN 99-4035401 · last filed 990 for 2025
All nonprofits in CORRY · Pennsylvania · Community improvement and capacity building