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  4. Franklin County Area Development Corporation (FCADC)
EIN 25-1453719

Franklin County Area Development Corporation (FCADC)

IRS 501(c) type
501(c)(6)
Num. employees
4
City
Chambersburg
State
Pennsylvania
Year formed
1960
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
The FCADC is charged with formulating, implementing, and promoting a comprehensive countywide economic development strategy. The Corporation strives to create an atmosphere that nourishes planned growth and family sustainable employment opportunities.
Total revenues
$1,714,991
2023
Total expenses
$1,325,394
2023
Total assets
$15,731,833
2023
Num. employees
4
2023

Program areas at FCADC

Economic Development program:during 2023 fcadc was involved in 17 Development projects across the County that represent roughly $650 million of new capital investments which will create/retain more than 7,100 jobs within the next three years. The fcadc availed $7.3+ million of economic Development resources in support of those projects. In addition fcadc participated in more than 100 events that highlighted economic deveopment accomplishments across the County.

Grants made by FCADC

GranteeGrant descriptionAmount
United Way of Franklin CountyTo Provide Funding for the New Position of Program Coordinator for the United Way's Stepping Forward Works Program.$5,000

Personnel at FCADC

NameTitleCompensation
L Michael RossPresident$288,650
Judy EvansOperations Manager and Assistant Sec.$107,919
Frank TraverVice Chair$0
Scott BrownTreasurer$0
Charles SiobergChair$0
...and 2 more key personnel

Financials for FCADC

RevenuesFYE 12/2023
Total grants, contributions, etc.$118,560
Program services$1,163,409
Investment income and dividends$66,239
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$301,449
Net income from fundraising events$34,099
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$31,235
Total revenues$1,714,991

Form 990s for FCADC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-10990View PDF
2022-122023-05-11990View PDF
2021-122022-04-06990View PDF
2020-122021-08-02990View PDF
2019-122021-06-07990View PDF
...and 10 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 3 new personnel
May 13, 2023
Received grants
Identified 1 new grant, including a grant for $16,000 from Southcentral Workforce Investment Board
July 22, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
Fundraising eventsState / local levelReceives government fundingGala fundraisers
General information
Address
1900 Wayne Rd
Chambersburg, PA 17202
Metro area
Chambersburg-Waynesboro, PA
County
Franklin County, PA
Website URL
fcadc.com/ 
Phone
(717) 263-8282
Facebook page
franklin-county-area-development-corporation 
IRS details
EIN
25-1453719
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1960
Eligible to receive tax-deductible contributions (Pub 78)
No
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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