EIN 25-1515795

Penn Northwest Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
16
Year formed
1985
Most recent tax filings
2024-06-01
Description
Penn Northwest Development Corporation attracts new businesses and fosters economic growth in Mercer County. Membership-driven and located in Hermitage, PA.
Total revenues
$1,030,704
2024
Total expenses
$1,293,942
2024
Total assets
$2,992,584
2024
Num. employees
16
2024

Program areas at Penn Northwest Development Corporation

We strive to: 1. Attract new businesses to mercer county that will make capital investment in property and will create real family-wage sustaining jobs.2. To provide educational, business Development, and expansion opportunities for local industry to grow and prosper3. To serve as an advocate for infrastructure/sites Development improvements throughout the county that better position the county to attract investment and job creation.4. To foster a good working relationship with local, state, and federal elected officials.5. To provide high-quality customer service to our members and value in exchange for their membership dues.6. To control costs and expenses7. To grow new funding sources to increase operating flexibility and make pndc less dependent on government funding sources.8. To maximize current funding sources.9. To use technology to make communication a foundational core competency.10. To become a more effective marketing company by Development and use of a comprehensive corporate marketing plan.
Penn-northwet Development Corporation (pndc) has created the seedling program to target the major economic Development issue of young talent leaving mercer county and the Northwest region of Pennsylvania. In order to help change that narrative, pndc and its partners are determined to provide career awareness opportunities to our local 7th-12th grade high school students, providing them wtih resources to begin thinking about potential career opportunities. Through the use of social media, lunch and learn gatherings, career classes, career fairs and special events, we plan to help introduce young students to future job opportunities, and the education requirements to achieve them.

Who funds Penn Northwest Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Shenango Valley Enterprise Zone CorporationTechnological Development$100,000
Community Foundation of Western Pennsylvania and Eastern OhioProgram Support$50,000
Margaret M Walker Charitable FoundationProgram Support$20,000
...and 1 more grant received

Personnel at Penn Northwest Development Corporation

NameTitleCompensation
Rod WiltExecutive Director$0

Financials for Penn Northwest Development Corporation

RevenuesFYE 06/2024
Total grants, contributions, etc.$974,364
Program services$320,603
Investment income and dividends$20,569
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$25,225
Net gain from sale of non-inventory assets$-309,179
Net income from fundraising events$-6,033
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$5,155
Total revenues$1,030,704

Form 990s for Penn Northwest Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2024-062024-11-19990View PDF
2023-062024-01-22990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-26990View PDF
...and 11 more Form 990s
Data update history
July 10, 2024
Received grants
Identified 2 new grant, including a grant for $100,000 from Shenango Valley Enterprise Zone Corporation
June 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 23, 2024
Updated personnel
Identified 3 new personnel
December 24, 2023
Received grants
Identified 3 new grant, including a grant for $100,000 from Community Hope Investment Partnership
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Fundraising eventsState / local levelReceives government fundingGala fundraisersTax deductible donationsAccepts online donations
General information
Address
3580 Innovation Way
Hermitage, PA 16148
Metro area
Youngstown-Warren-Boardman, OH-PA
County
Mercer County, PA
Website URL
penn-northwest.com/ 
Phone
(724) 662-3705
IRS details
EIN
25-1515795
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1985
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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