Program areas at Chester County Economic Development Foundation
The Foundation partners primarily with the Chester County workforce investment board to provide industry focused workforce training, education and assistance to businesses and individuals. Industry focus groups active this year included information technology, healthcare, agriculture, manufacturing, training, and energy.
Rental facility program - the Foundation rents space to an affiliated tax exempt organization which it rents to help accomplish its tax exempt purpose.
Who funds Chester County Economic Development Foundation
Grants from foundations and other nonprofits
Personnel at Chester County Economic Development Foundation
| Name | Title | Compensation | Date of data |
|---|
| Gary Smith | Chief Executive Officer | $0 | 2023-06-30 |
| Michael Grigalonis | Chief Operating Officer | $0 | 2023-06-30 |
| John Buckheit | Chief Financial Officer | $0 | 2021-12-01 |
| Jim Hammond | Vice President of Finance | | 2024-02-01 |
| James Hammond | Past Vice President of Finance | $0 | 2024-01-16 |
| ...and 4 more key personnel |
Financials for Chester County Economic Development Foundation
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $2,124,356 | $1,787,994 | 18.8% |
| Program services | $205,060 | $195,132 | 5.1% |
| Investment income and dividends | $1,078 | $193 | 458.5% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $-13,221 | $-23,605 | 44% |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $2,317,273 | $1,959,714 | 18.2% |
Organizations like Chester County Economic Development Foundation
| Organization | Type | Location | Revenue |
|---|
| Greater Kokomo Economic Development Alliance | 501(c)(3) | Kokomo, IN | $5,785,033 |
| Boston Local Development Corporation | 501(c)(3) | Boston, MA | $1,971,693 |
| Detroit Economic Growth Association | 501(c)(3) | Detroit, MI | $4,308,778 |
| The Pacific Beach Community Development Corporation | 501(c)(3) | San Diego, CA | $610,308 |
| The Downtown Little Rock Partnership | 501(c)(3) | Little Rock, AR | $750,502 |
| Youngstown CityScape | 501(c)(3) | Youngstown, OH | $727,175 |
| Riverworks Development Corporation | 501(c)(3) | Milwaukee, WI | $2,491,512 |
| World Business Chicago | 501(c)(3) | Chicago, IL | $11,317,735 |
| Greater Easton Development Partnership | 501(c)(3) | Easton, PA | $3,231,235 |
| Bel Air Downtown Alliance | 501(c)(3) | Bel Air, MD | $588,959 |
Data update history
June 2, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 23, 2024
Updated personnel
Identified 12 new personnel
May 20, 2024
Used new vendors
Identified 1 new vendor, including
April 19, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- 737 Constitution Dr
- Exton, PA 19341
- Metro area
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- County
- Chester County, PA
- Website URL
- ccedcpa.com/Â
- Phone
- (610) 458-5700
IRS details
- EIN
- 23-2978513
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1994
- 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
- Subordinate organization
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