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EIN 25-1143641

Altoona-Blair County Development Corporation (ABCD)

IRS 501(c) type
501(c)(3)
Num. employees
7
City
Altoona
State
Pennsylvania
Year formed
1946
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
The Altoona Blair County Development Corporation (ABCD) is committed to enhancing the quality of life in Blair County, Pennsylvania through progressive and sustainable business development.
Total revenues
$5,482,146
2023
Total expenses
$5,287,740
2023
Total assets
$122,094,701
2023
Num. employees
7
2023

Program areas at ABCD

Continued functioning as a vechicle to provide financing,etc. For industrial and employment expansion in the area

Who funds Altoona-Blair County Development Corporation (ABCD)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Southern Alleghenies Planning and Development Corporation (SAP&DC)Various$120,867
FirstEnergy FoundationCivic$1,000
FirstEnergy FoundationCivic$1,000
...and 1 more grant received

Personnel at ABCD

NameTitleCompensation
Stephen McKnightPresident and Chief Executive Officer$159,504
Tom SeasoltzChief Financial Officer$137,434
Patrick MillerExecutive Vice President$116,963
Matthew FoxDirector of Business Expansion Office$107,436
Ron McConnellChair$0
...and 18 more key personnel

Financials for ABCD

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,326,976
Program services$0
Investment income and dividends$685,790
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$2,400,218
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,069,162
Total revenues$5,482,146

Form 990s for ABCD

Fiscal year endingDate received by IRSFormPDF link
2023-122024-03-21990View PDF
2022-122023-03-28990View PDF
2021-122022-03-29990View PDF
2020-122021-05-20990View PDF
2020-122021-03-30990View PDF
...and 12 more Form 990s
Data update history
May 21, 2024
Updated personnel
Identified 4 new personnel
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $1,000 from FirstEnergy Foundation
March 13, 2024
Updated personnel
Identified 2 new personnel
January 1, 2024
Received grants
Identified 1 new grant, including a grant for $1,000 from FirstEnergy Foundation
September 18, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
3900 Industrial Park Dr
Altoona, PA 16602
Metro area
Altoona, PA
County
Blair County, PA
Website URL
blairalliance.org/abcd 
Phone
(814) 944-6113
IRS details
EIN
25-1143641
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1946
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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