EIN 82-0709054

Erie Downtown Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
35
City
Year formed
2017
Most recent tax filings
2023-12-01
Description
Erie's non-profit real estate developer and financier strengthens downtown assets, promotes redevelopment, and attracts/retains businesses for economic growth.
Total revenues
$1,570,549
2023
Total expenses
$2,629,964
2023
Total assets
$4,973,898
2023
Num. employees
35
2023

Program areas at Erie Downtown Development Corporation

To promote the welfare of the people of the city of Erie, Pennsylvania (the "city").
To lessen the burdens of government of the city by overseeing projects and programs designed to strengthen and leverage the city's Downtown core assets.
To combat community deterioration, provide relief to the poor and distressed, stabilize, and generally to otherwise promote redevelopment in the city's Downtown.
To improve the economy of the city by developing, attracting, expanding, and retaining business, industrial, educational, cultural, civic, community and other enterprises in the city and thereby developing, attracting, expanding, and retaining jobs for the people of the city; and solely for the above purposes, the Corporation is empowered to exercise all rights and powers conferred by the laws of the commonwealth of Pennsylvania upon nonprofit corporations, including, but without limitation thereon, to solicit and receive funds and any other property or interests in property by gift, grant, bequest, devise, bargain purchase or any similar transaction, and to hold, administer, invest and disburse such funds and property and such income as may be generated through the investment of such funds and property, exclusively for the promotion of health and social welfare, relief of the underprivileged, and such other charitable and educational purposes related thereto, including to use, apply, invest and reinvest the principal and/or income therefrom or distribute the same for the above purposes.

Who funds Erie Downtown Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Upmc GroupCommunity Devel$50,000
Northwest Charitable FoundationDedevelopment/revitalization Program$25,000
Mercyhurst UniversitySupport the Erie Downtown Development Corporation Fund.$13,073

Personnel at Erie Downtown Development Corporation

NameTitleCompensation
Andrew S WhitingChief Executive Officer$0
Nicole ReitzellVice President , Community Engagement / Vice President of Commun$95,829
John M PersingerFormer Chief Executive Officer$220,867
Corey CookDirector of Operations$82,245
Ryan HooverExperience D$69,611
...and 7 more key personnel

Financials for Erie Downtown Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$486,230
Program services$762,411
Investment income and dividends$6,208
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,071
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$316,771
Miscellaneous revenues$0
Total revenues$1,570,549

Form 990s for Erie Downtown Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-11990View PDF
2019-122020-12-04990View PDF
...and 2 more Form 990s
Data update history
January 14, 2025
Used new vendors
Identified 1 new vendor, including
January 3, 2025
Posted financials
Added Form 990 for fiscal year 2023
December 22, 2024
Received grants
Identified 2 new grant, including a grant for $50,000 from Upmc Group
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 3 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Partially liquidatedState / local levelManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
10 E 5th St
Erie, PA 16507
Metro area
Erie, PA
County
Erie County, PA
Website URL
erieddc.org/ 
Phone
(814) 870-2850
IRS details
EIN
82-0709054
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2017
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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