EIN 23-2798276

Lehigh Valley Economic Development Corporation (LVEDC)

IRS 501(c) type
501(c)(3)
Num. employees
18
Year formed
1995
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Lehigh Valley Economic Development Corporation markets the economic assets of the region, recruits companies in targeted sectors, supports growth and retention of new and existing employers, promotes and coordinates a skilled workforce, and administers various Economic Development finance programs.
Total revenues
$3,329,962
2023
Total expenses
$3,111,526
2023
Total assets
$6,107,133
2023
Num. employees
18
2023

Program areas at LVEDC

Economic Development - market the Economic assets of the Lehigh Valley, recruit companies in targeted Economic sectors, support the growth and retention of new and existing employers, promote and coordinate a skilled and prepared workforce, provide intelligence and data on the Lehigh Valley economy, expand public and private partnerships for Economic growth.

Grants made by LVEDC

GranteeGrant descriptionAmount
Lehigh's Valley Economic Investment CorporationPa Dced Partnerships for Regional Performance Subgrant$27,000
Lehigh Valley Workforce Investment Board (LVWIB)Pa Dced Partnerships for Regional Performance Subgrant$21,698
Manufacturers Resource CenterPa Dced Partnerships for Regional Performance Subgrant$19,000

Who funds Lehigh Valley Economic Development Corporation (LVEDC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Air Products FoundationInvestment 2022$20,000
Air Products FoundationInvestment 2023$20,000
American Online Giving FoundationGeneral Support$20,000
...and 5 more grants received

Personnel at LVEDC

NameTitleCompensation
Don CunninghamPresident and Chief Executive Officer
Donald T CunninghamChief Executive Officer - President$260,907
Jaime Marie WhalenExecutive Vice President and Chief of Staff$138,993
Nicole Radzievich MertzVice President of Marketing , Communications and Research
Kristin Cahayla-HoffmanVice President of Business Development and Attraction$101,843
...and 20 more key personnel

Financials for LVEDC

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,936,182
Program services$291,406
Investment income and dividends$105,025
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-3,462
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$811
Total revenues$3,329,962

Form 990s for LVEDC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-14990View PDF
2022-122023-11-13990View PDF
2021-122022-06-16990View PDF
2020-122021-06-09990View PDF
2019-122020-12-14990View PDF
...and 10 more Form 990s
Data update history
July 14, 2024
Received grants
Identified 2 new grant, including a grant for $12,500 from St Luke's Hospital (SLUHN)
May 19, 2024
Received grants
Identified 3 new grant, including a grant for $20,000 from American Online Giving Foundation
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 28, 2023
Used new vendors
Identified 1 new vendor, including
November 8, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Political advocacyLobbyingReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
520 N New St
Bethlehem, PA 18018
Metro area
Allentown-Bethlehem-Easton, PA-NJ
County
Northampton County, PA
Website URL
lehighvalley.org/ 
Phone
(610) 266-6775
IRS details
EIN
23-2798276
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1995
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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