Overview
What is Northeastern Economic Development Company Of Pa?
The Northeastern Economic Development Company of Pa, located at 4000 4th Street STE 3, Moosic, PA 18507, is a nonprofit organization primarily focused on promoting employment opportunities. They achieve this goal by providing consulting and underwriting services for Small Business Administration (SBA) loans, specifically for small businesses and non-profit organizations within their area of operations. By supporting these entities with loan programs, Northeastern Economic Development Company of Pa aims to enhance the availability of employment opportunities within their region. The organization boasts a team of three dedicated individuals.
Is Northeastern Economic Development Company Of Pa legitimate?
Northeastern Economic Development Company Of Pa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeastern Economic Development Company Of Pa submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $114,398
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,141
For more financial information, click here
What is the mission statement of Northeastern Economic Development Company Of Pa?
The Northeastern Economic Development Company of Pa's mission is centered around enhancing employment opportunities. They achieve this by providing consulting services and underwriting Small Business Administration (SBA) loan programs for both small businesses and non-profit organizations within their operational area. This initiative is aimed at promoting the creation of new jobs and fostering the growth of existing businesses, thereby enhancing the availability of employment opportunities.
Who is the CEO of Northeastern Economic Development Company Of Pa?
William Rinaldi is the Vice President - Former of Northeastern Economic Development Company Of Pa.
What is the revenue of Northeastern Economic Development Company Of Pa?
Northeastern Economic Development Company Of Pa's revenue in 2022 was $278,511.
Who are the executives of Northeastern Economic Development Company Of Pa and what are their salaries?
The average compensation at Northeastern Economic Development Company Of Pa during 2022 was $54,513. There are 3 employees at Northeastern Economic Development Company Of Pa.
Here are 16 key members and their salaries:
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- Other: $9,951
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Where can I find the form 990 for Northeastern Economic Development Company Of Pa?
Northeastern Economic Development Company Of Pa's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Northeastern Economic Development Company Of Pa
The Northeastern Economic Development Company of Pa is dedicated to enhancing the availability of employment opportunities. In pursuit of this mission, the organization engages in consulting and underwriting Small Business Administration (SBA) loan programs for both small businesses and non-profit organizations within its area of operations. By promoting employment opportunities through these loan programs, the company aims to contribute positively to the local economy and community.
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Impact
October, 2024
Northeastern Economic Development Company of PA plays a vital role in elevating employment opportunities within its geographic area of operations in Moosic, Pennsylvania. By consulting and underwriting Small Business Administration (SBA) loan programs, the organization effectively supports small businesses and nonprofit organizations in securing the financial resources necessary for growth and job creation. This fosters a more robust local economy, enabling businesses to hire and retain employees, thus contributing to community improvement and sustainability. Through its efforts, Northeastern Economic Development Company enhances the overall employment landscape, providing vital assistance that promotes economic stability and growth in the region.
This information is meant to be a general summary of Northeastern Economic Development Company Of Pa. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $278,511
- Gross Receipts: $278,511
Assets and Liabilities:
- Total Assets: $119,925
- Total Liabilities: $71,198
- Net Assets: $48,727
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SMALL BUSINESS LOANS
Revenue
$278,511
Organization Details
Founding Year
2005
Principal Officer
William Rinaldi
Main Address
4000 4TH STREET STE 3, Moosic, PA, 18507
NTEE Category
Code: S31 - Community improvement
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