Program areas at Northeastern Resources Development Corporation
Providing long-range planning, management, administrative and Development services to the commission on economic opportunity and other human service organizations.
Provide legal research, representation and support to affiliated organizations.
Establish and fund a scholarship award for low income, academically talented graduates of luzerne county high schools. (irs approval - 1988)
Serve as an incubator organization for economic Development, organizing enterprises for job creation, providing research, grant assistance and management training to new and expanding organizations.
Provide Development assistance to the housing Development corporation and the commission on economic opportunity in the broad and differentiated delivery of services/products to the low income and elderly community.
Who funds Northeastern Resources Development Corporation
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| Commission on Economic Opportunity of Luzerne County (CEO) | 2023-06 | Provide Scholarships To 42 Local Students for Post-Secondary Education and Graduate School. Provide Program Planning Oversight, Evaluates Program Effectiveness, and Recommends Modifications And/or Improvements in Program Operations. Provide Financial Support for Low Income Programs; Provide Portfolio Management, Research Management, and Legislative Assistance Toward Increasing the Economic and Social Independence for Low Income People. | $226,651 |
| William G. McGowan Charitable Fund | 2023-06 | Monsignor Mcgowan Scholarships | $5,000 |
Personnel at Northeastern Resources Development Corporation
| Name | Title | Compensation | Date of data |
|---|
| Eugene Brady | President / Executive Director | $40,970 | 2022-12-31 |
Financials for Northeastern Resources Development Corporation
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $375,134 | $430,383 | -12.8% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $89,266 | $91,326 | -2.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $65,036 | $-30,081 | 316.2% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $4,080 | $-13,029 | 131.3% |
| Total revenues | $533,516 | $478,599 | 11.5% |
Organizations like Northeastern Resources Development Corporation
| Organization | Type | Location | Revenue |
|---|
| Smart North Florida | 501(c)(3) | Jacksonville, FL | $403,490 |
| Charlotte Regional Business Alliance Foundation | 501(c)(3) | Charlotte, NC | $1,745,677 |
| Delta Economic Development Corporation | 501(c)(3) | East Saint Louis, IL | $420,928 |
| Tye Economic Development Corporation | 501(c)(3) | Tye, TX | $278,606 |
| Arrowhead Center | 501(c)(3) | Las Cruces, NM | $1,086,781 |
| San Pablo Economic Development Corporation | 501(c)(3) | San Pablo, CA | $2,140,981 |
| Central Arizona Regional Economic Development | 501(c)(3) | Glendale, AZ | $290,401 |
| North Carolinas Eastern Economic Development Corporation | 501(c)(3) | Edenton, NC | $2,617,071 |
| West Central Development Council | 501(c)(3) | Carlinville, IL | $1,574,282 |
| Monroe County Illinois Economic Development Corporation | 501(c)(3) | Waterloo, IL | $232,008 |
Data update history
February 9, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 3, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 2, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Human servicesCommunity improvementPublic policyEconomic development
Characteristics
LobbyingManagement and technical assistanceProvides scholarshipsTax deductible donations
General information
- Address
- 163 S Washington St
- Wilkes Barre, PA 18701
- Metro area
- Scranton--Wilkes-Barre, PA
- County
- Luzerne County, PA
- Phone
- (570) 825-6464
IRS details
- EIN
- 23-2430202
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1986
- 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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