Nonprofit · EIN 25-1874441
LEBANON VALLEY ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · LEBANON, PA 17042
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,272,111 | $356,037 | $5,916,074 | $13,919,076 | $11,675 | $13,907,401 |
| June 30, 2024 | 990 | $1,920,152 | $394,365 | $1,525,787 | $8,008,180 | $21,958 | $7,986,222 |
| June 30, 2023 | 990 | $236,516 | $292,209 | -$55,693 | $6,833,679 | $249,234 | $6,584,445 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $72,276
- Program service revenue
- $164,920
- Investment income
- $149,341
- Net income from sales of inventory
- $5,884,899
- Other revenue
- $5,885,574
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $73,009
- Salaries, compensation and benefits (total)
- $239,950
- Professional fundraising fees
- $0
- Legal fees
- $3,629
- Accounting fees
- $8,205
- Travel
- $1,727
- Depreciation
- $15,317
- Program services (functional)
- $264,288
- Management and general (functional)
- $72,565
- Fundraising (functional)
- $19,184
Balance sheet and other
- Total assets, start of year
- $8,008,180
- Total assets, end of year
- $13,919,076
- Total liabilities, end of year
- $11,675
- Net assets, end of year
- $13,907,401
- Land, buildings and equipment
- $440,254
- Publicly traded securities
- $145,171
- Net assets without donor restrictions
- $12,146,867
- Net assets with donor restrictions
- $1,760,534
- Gross receipts
- $7,970,237
- Employees
- 4
- Volunteers
- 0
- Year formed
- 1957
- 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 |
|---|---|---|---|---|
| SUSAN EBERLY | PRESIDENT Trustee or director, Officer | 1 | $133,125 | $19,946 |
| MICHAEL BATTISTELLI | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| LARRY D BOWMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIC LONG | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| EDWIN KERCHER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LEON ZIMMERMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIA VINCENTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT FUNK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK KOCHER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK CHAMBERLAIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL SHOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PATRICK JUDD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAUL LUNDBERG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAFAEL TORRES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE MALDA | V CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD SCOTT | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUSAN EBERLY | PRESIDENT Trustee or director, Officer | 1 | $110,040 | $6,442 |
| MICHAEL BATTISTELLI | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| LARRY D BOWMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIC LONG | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| EDWIN KERCHER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LEON ZIMMERMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIA VINCENTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT FUNK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK KOCHER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK CHAMBERLAIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL SHOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PATRICK JUDD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAUL LUNDBERG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAFAEL TORRES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE MALDA | V CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD SCOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUSAN EBERLY | PRESIDENT Trustee or director, Officer | 1 | $115,809 | $7,801 |
| MICHAEL BATTISTELLI | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| LARRY D BOWMAN | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| BARRY ANSEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDWIN KERCHER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LEON ZIMMERMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFREY STERNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT FUNK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK KOCHER | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MARK CHAMBERLAIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PATRICK JUDD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAUL LUNDBERG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE MALDA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JESSE SUDERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAFAEL TORRES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIE VINCENT | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 16 LEBANON VALLEY PKWY, LEBANON, PA 17042-9745
- Principal officer (990 for 2024)
- SUSAN EBERLY, 16 LEBANON VALLEY PARKWAY, LEBANON, PA 17042
- Signed the 990
- SUSAN EBERLY, PRESIDENT
- Phone
- (717) 274-3180
- Website
- WWW.LVEDC.ORG
- Return prepared by
- STANILLA SIEGEL AND MASER LLC
Mission
CONTINUING STUDY OF ECONOMIC DEVELOPMENT, SITE IDENTIFICATION AND DEVELOPMENT, AND INDUSTRIAL SOLICITATION IN A CONTINUING EFFORT TO REVITALIZE THE LOCAL BUSINESS SECTOR.
Program accomplishments
- SITE IDENTIFICATION AND DEVELOPMENT OF COMMERCIAL LAND SITES TO BRING BUSINESS INTO THE LEBANON AREAExpenses $102,485 · revenue $5,875
- CONDUIT FOR GOVERNMENT LOANS TO BUSINESSES IN THE LEBANON AREA AND MAINTENANCE OF REVOLVING LOAN FUNDExpenses $64,613 · revenue $159,260
- THROUGH THE ENGAGE! / PREP PROGRAMS IT RECRUITS NEW INDUSTRY TO THE COMMUNITY AND PROVIDES A VARIETY OF SERVICES TO NEW AND EXISTING COMPANIES, INCLUDING FINANCING, INFRASTRUCTURE, AND ENVIRONMENTAL REMEDIATION, AS WELL AS A VARIETY OF OTHER ACTIVITIESExpenses $97,190
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
- 25-1874441
- 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
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $13,919,076
- Income (IRS master file)
- $7,970,237
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,272,111 | $356,037 | $13,919,076 | XML |
| 990 | June 2024 | $1,920,152 | $394,365 | $8,008,180 | XML |
| 990 | June 2023 | $236,516 | $292,209 | $6,833,679 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | 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 25-1874441).
Questions about LEBANON VALLEY ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of LEBANON VALLEY ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of LEBANON VALLEY ECONOMIC DEVELOPMENT CORPORATION is 25-1874441.
- Is LEBANON VALLEY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to LEBANON VALLEY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEBANON VALLEY ECONOMIC DEVELOPMENT CORPORATION 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 LEBANON VALLEY ECONOMIC DEVELOPMENT CORPORATION 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 LEBANON VALLEY ECONOMIC DEVELOPMENT CORPORATION 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 LEBANON VALLEY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names SUSAN EBERLY.
- Who are the officers and directors of LEBANON VALLEY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 16 people; 1 received compensation from the organization, the highest $133,125 (SUSAN EBERLY, PRESIDENT).
- How much revenue does LEBANON VALLEY ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,272,111, expenses of $356,037 and total assets of $13,919,076 at year end.
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