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Nonprofit · EIN 81-4279395

GREATER READING CHAMBER AND ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · READING, PA 19601

Financials

$3M$3.1M2023$3M$3M2024$3.2M$3.2M2025
Revenue Expenses · by fiscal year end
Financials of GREATER READING CHAMBER AND ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,166,043$3,155,303$10,740$2,577,015$233,424$2,343,591
December 31, 2024990$2,979,418$2,959,875$19,543$2,572,596$239,745$2,332,851
December 31, 2023990$3,035,485$3,142,610-$107,125$2,600,073$286,765$2,313,308
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$971,603
of which government grants
$588,799
Program service revenue
$1,934,197
Investment income
$16,839
Other revenue
$243,404

Expenses

Grants and similar amounts paid
$205,222
Compensation of officers, directors and key employees
$632,193
Other salaries and wages
$1,141,798
Salaries, compensation and benefits (total)
$2,087,073
Professional fundraising fees
$0
Accounting fees
$35,948
Occupancy
$155,211
Depreciation
$17,111
Program services (functional)
$2,807,715
Management and general (functional)
$347,588

Balance sheet and other

Total assets, start of year
$2,572,596
Total assets, end of year
$2,577,015
Total liabilities, end of year
$233,424
Net assets, end of year
$2,343,591
Land, buildings and equipment
$66,551
Net assets without donor restrictions
$2,343,591
Gross receipts
$3,166,043
Employees
20
Volunteers
21
Year formed
2017
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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LUCINE SIHELNIKCEO
Officer
15$195,332$25,978
DEBRA MILLMANVP OF DEVELOPMENT
Key employee
5$172,885$35,035
SARA STEWARTCOO
Key employee
20$178,088$22,526
JEFFREY R RUSHCHAIR
Trustee or director, Officer
1$0$0
CHRISTINA L WEEBERVICE CHAIR
Trustee or director, Officer
1$0$0
MICHAEL A DUFFSECRETARY
Trustee or director, Officer
1$0$0
RADHA PYATI JOINED 0125TREASURER
Trustee or director, Officer
1$0$0
ERNEST J CHOQUETTEDIRECTOR
Trustee or director
1$0$0
BENJAMIN ROSS JOINED 0125DIRECTOR
Trustee or director
1$0$0
KRISTI GAGE-LINDERMANDIRECTOR (JOINED 01/25)
Trustee or director
1$0$0
LAURA HAFFNERDIRECTOR
Trustee or director
1$0$0
GINGER KUNKELDIRECTOR
Trustee or director
1$0$0
DANIEL R LANGDONDIRECTOR
Trustee or director
1$0$0
SUSAN D LOONEYDIRECTOR
Trustee or director
1$0$0
JAMEY MAACKDIRECTOR
Trustee or director
1$0$0
6 more people on this return
NameTitleHours / weekCompensation
JOHN PERATEDIRECTOR
Trustee or director
1$0
ALAN SHUMANDIRECTOR
Trustee or director
1$0
DAVID W STONESIFERDIRECTOR
Trustee or director
1$0
JAMES SARRO JOINED 0125DIRECTOR
Trustee or director
1$0
MICHAEL VINDDIRECTOR
Trustee or director
1$0
JOHN P WEIDENHAMMERDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 21 people
NameTitleHours / weekCompensationOther / benefits
LUCINE SIHELNIKCEO
Officer
15$184,689$26,454
DEBRA MILLMANVP OF DEVELOPMENT
Key employee
5$167,531$25,425
SARA STEWARTCFO
Key employee
20$165,305$16,762
JEFFREY R RUSHCHAIR
Trustee or director, Officer
1$0$0
CHRISTINA L WEEBERVICE CHAIR
Trustee or director, Officer
1$0$0
MICHAEL A DUFFSECRETARY
Trustee or director, Officer
1$0$0
MICHELE L RICHARDSTREASURER
Trustee or director, Officer
1$0$0
ERNEST J CHOQUETTEDIRECTOR
Trustee or director
1$0$0
JONATHAN ENCARNACIONDIRECTOR
Trustee or director
1$0$0
JACK GOMBACHDIRECTOR
Trustee or director
1$0$0
LAURA HAFFNERDIRECTOR
Trustee or director
1$0$0
GINGER KUNKELDIRECTOR
Trustee or director
1$0$0
DANIEL R LANGDONDIRECTOR
Trustee or director
1$0$0
SUSAN D LOONEYDIRECTOR
Trustee or director
1$0$0
JAMEY MAACKDIRECTOR
Trustee or director
1$0$0
JOHN PERATEDIRECTOR
Trustee or director
1$0$0
ALAN SHUMANDIRECTOR
Trustee or director
1$0$0
DAVID W STONESIFERDIRECTOR
Trustee or director
1$0$0
SARA STUMPDIRECTOR
Trustee or director
1$0$0
MICHAEL VINDDIRECTOR
Trustee or director
1$0$0
JOHN P WEIDENHAMMERDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
JAMES W GERLACHCEO
Trustee or director, Officer
5$304,341$18,260
DEBRA MILLMANVP OF DEVELOPMENT
Key employee
40$162,334$25,070
SARA STEWARTCFO
Key employee
40$160,422$16,454
DANIEL R LANGDONDIRECTOR
Trustee or director, Officer
1$0$0
ERNEST J CHOQUETTEVICE CHAIR
Trustee or director, Officer
1$0$0
JEFFREY R RUSHCHAIR
Trustee or director, Officer
1$0$0
MICHAEL A DUFFSECRETARY
Trustee or director, Officer
1$0$0
SUSAN D LOONEYDIRECTOR
Trustee or director
1$0$0
SARA STUMPDIRECTOR
Trustee or director
1$0$0
JAMEY MAACKDIRECTOR
Trustee or director
1$0$0
TIMOTHY D ROMIGDIRECTOR
Trustee or director
1$0$0
LAURA HAFFNERDIRECTOR
Trustee or director
1$0$0
DAVID C ROLANDDIRECTOR
Trustee or director
1$0$0
JOHN PERATEDIRECTOR
Trustee or director
1$0$0
JOHN P WEIDENHAMMERDIRECTOR
Trustee or director
1$0$0
MICHELE L RICHARDSDIRECTOR
Trustee or director
1$0$0
ALAN SHUMANDIRECTOR
Trustee or director
1$0$0
GREGG A BOGIADIRECTOR
Trustee or director
1$0$0
CHRISTINA L WEEBERDIRECTOR
Trustee or director
1$0$0
JACK GOMBACHDIRECTOR
Trustee or director
1$0$0
DAVID W STONESIFERDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
606 COURT ST, READING, PA 19601-3542
Principal officer (990 for 2025)
SARA STEWART, 606 COURT ST, READING, PA 19601
Signed the 990
SARA STEWART, COO
Phone
(610) 376-6766
Return prepared by
RKL LLP

Mission

TO SERVE BERKS COUNTY BUSINESSES, FOSTER ECONOMIC DEVELOPMENT AND GROWTH, AND BUSINESS SUPPORT THROUGH COMBINED MANAGEMENT AND COORDINATION OF ACTIVITIES AND RESOURCES OF GBDF AND GRCCI.

990 for the year ended December 31, 2025

Program accomplishments

  • MANAGEMENT AND COORDINATION OF ACTIVITIES AND RESOURCES IN SUPPORT OF ECONOMIC DEVELOPMENT AND GROWTH IN BERKS COUNTY
    Expenses $2,125,774 · grants $205,222 · revenue $1,934,197
  • TO LEAD REGIONAL EFFORTS TO ATTRACT, RETAIN, AND GROW BUSINESS AND TO MARKET BERKS COUNTY AS A COMPETITIVE AND ATTRACTIVE LOCATION FOR BUSINESS.
    Expenses $681,941

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-4279395
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
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,577,015
Income (IRS master file)
$3,166,043

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$3,166,043$3,155,303$2,577,015XML
990December 2024$2,979,418$2,959,875$2,572,596XML
990-TDecember 2024–––IRS
990December 2023$3,035,485$3,142,610$2,600,073XML
990December 2022$2,843,001$2,860,376$2,690,976IRS
990December 2021–––IRS
990December 2020–––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 81-4279395).

Questions about GREATER READING CHAMBER AND ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of GREATER READING CHAMBER AND ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of GREATER READING CHAMBER AND ECONOMIC DEVELOPMENT CORPORATION is 81-4279395.
Is GREATER READING CHAMBER AND ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to GREATER READING CHAMBER AND ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GREATER READING CHAMBER AND 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 GREATER READING CHAMBER AND ECONOMIC DEVELOPMENT CORPORATION 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 GREATER READING CHAMBER AND ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of GREATER READING CHAMBER AND ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 names SARA STEWART.
Who are the officers and directors of GREATER READING CHAMBER AND ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 21 people; 3 received compensation from the organization, the highest $195,332 (LUCINE SIHELNIK, CEO).
How much revenue does GREATER READING CHAMBER AND ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,166,043, expenses of $3,155,303 and total assets of $2,577,015 at year end.

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