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EIN 23-6296874

Lehigh's Valley Economic Investment Corporation

IRS 501(c) type
501(c)(4)
Num. employees
0
City
Bethlehem
State
Pennsylvania
Year formed
1961
Most recent tax filings
2023-12-01
NTEE code, primary
S30: Economic Development
Description
Lehigh's Valley Economic Investment Corporation functions as an economic development agency certified by the Pennsylvania Department of Community and Economic Development. Its mission is to finance the expansion and relocation of businesses within Lehigh and Northampton counties by acting as an intermediary between equitable owners and financial institutions and/or certain Pennsylvania programs. It serves as a useful intermediary that helps finance business growth in the area, located in Bethlehem, PA.
Also known as...
Lehigh's Economic Advancement Project
Total revenues
$178,294
2023
Total expenses
$95,010
2023
Total assets
$1,634,783
2023
Num. employees
0
2023

Program areas at Lehigh's Valley Economic Investment Corporation

Acts as an intermediary to help finance the expansion and relocation of businesses within Lehigh and northampton counties in Pennsylvania.

Grants made by Lehigh's Valley Economic Investment Corporation

GranteeGrant descriptionAmount
Rising Tide Community Loan FundTo Assist Organization in Mission To Provide Loans To Small Or Start-Up Business Ventures, That May Not Qualify To Bank Standards Thereby Improving Economically Depressed Communities.$50,000

Who funds Lehigh's Valley Economic Investment Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lehigh Valley Economic Development Corporation (LVEDC)Pa Dced Partnerships for Regional Performance Subgrant$27,000

Personnel at Lehigh's Valley Economic Investment Corporation

NameTitleCompensation
Christopher J BrownPresident$0
Amy HawleyAssistant Secretary$0
Chris PersichettiTreasurer$0
Michael W AdamsSecretary$0
Keith BachmanAssistant Treasurer$0
...and 8 more key personnel

Financials for Lehigh's Valley Economic Investment Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$27,000
Program services$85,224
Investment income and dividends$66,070
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
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$0
Total revenues$178,294

Form 990s for Lehigh's Valley Economic Investment Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-19990View PDF
2021-122022-11-11990View PDF
2020-122021-08-02990View PDF
2018-122019-12-11990View PDF
2017-122018-12-22990View PDF
...and 7 more Form 990s
Data update history
November 12, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 7, 2023
Updated personnel
Identified 1 new personnel
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 3 new personnel
June 4, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
State / local levelNo full-time employees
General information
Address
520 N New St
Bethlehem, PA 18018
Metro area
Allentown-Bethlehem-Easton, PA-NJ
County
Northampton County, PA
Phone
(610) 266-6775
IRS details
EIN
23-6296874
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1961
Eligible to receive tax-deductible contributions (Pub 78)
No
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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