Chester County Economic Development Council

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 231576225 ✦ Exton, PA ✦ Designated as a 501(c)(6)

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Overview

What is Chester County Economic Development Council?

The Chester County Economic Development Council is a nonprofit organization situated in Exton, Pennsylvania. With a staff of 36 individuals, their primary mission is to stimulate economic growth in Chester County by providing affordable financing options to both new and established businesses. Additionally, they offer site selection assistance, grant management services, and various other resources to aid in the success of local businesses. By offering these comprehensive services, the Chester County Economic Development Council aims to contribute positively to the regional economy.


Official website here: www.ccedcpa.com

What do the Facebook reviews say about Chester County Economic Development Council?

98% of 6 reviewers on Facebook recommend Chester County Economic Development Council. Here is a summary of their reviews:

Many reviewers highlight the Council's collaborative approach, emphasizing its effectiveness in fostering partnerships that lead to mutually beneficial outcomes. The organization appears to be well-regarded within the state for its commitment to working alongside various stakeholders.

Overall, supporters appreciate the Council's dedication to economic development in the region, suggesting that it truly makes a positive impact through its initiatives and cooperative efforts. This strong recommendation indicates a fulfilling experience for those involved.


This AI summary has been generated from reviews found on Facebook.

Is Chester County Economic Development Council legitimate?

Chester County Economic Development Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. Chester County Economic Development Council 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,587,416

For more financial information, click here


Official website here: www.ccedcpa.com

What is the mission statement of Chester County Economic Development Council?

The Chester County Economic Development Council is dedicated to promoting economic growth in its respective region. It achieves this by offering low-interest financing options to both new and established businesses, providing assistance in site selection, managing grants, and offering various other services. The council's primary objective is to stimulate economic growth and development, thereby contributing to the overall prosperity of the community.


Official website here: www.ccedcpa.com

Who is the CEO of Chester County Economic Development Council?

Gary Smith is the CEO of Chester County Economic Development Council The CEO's salary of Chester County Economic Development Council is $205,520 and their total compensation is $237,251.


Official website here: www.ccedcpa.com

What is the revenue of Chester County Economic Development Council?

Chester County Economic Development Council's revenue in 2024 was $10,413,909.


Official website here: www.ccedcpa.com

Who are the executives of Chester County Economic Development Council and what are their salaries?

The average compensation at Chester County Economic Development Council during 2024 was $64,685. There are 40 employees and 119 volunteers at Chester County Economic Development Council.

Here are 77 key members and their salaries (Chester County Economic Development Council's CEO's salary is $205,520 and their total compensation is $237,251):


Bill Stedman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Hankin (First Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr R Lorraine Bernotsky (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Bray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur A Bernardon Aia (Honorary Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Conrad M Olie (Honorary Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward J Breiner (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edwin A Brownley Jr (Honorary Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
F William Bogle (Director Emertius)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank A Piliero (Honorary Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hanno Spranger (Honorary Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Reading (Honorary Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John C Snyder Esquire (Honorary Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Maxwell (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marian D Moskowitz (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Roe (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy R Corson (Honorary Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Stanley Schuck (Honorary Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert F Fischer Cpa (Honorary Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger N Huggins Esquire (Director Emertius)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Phelps (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
A Steven Krug (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert D Fuller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anand Solanki (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette F Favorite (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Hostetter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian N O'Leary Aicp (Governmental Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane M Disney Phd (Honorary Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Colin J Neill (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwayne Walton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail B Dooley Lpn Cdp (Ex-Officio Ip Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Fiore Edd (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Newell (Ex-Officio Ip Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Vietri (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Reaves (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James E Turner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanette Roman (Governmental Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John J Camero (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Chester (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Snyder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Manion (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Van Ess (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis B Kupperman Esquire (Governmental Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Adams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Dehaven Cpa (Governmental Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael F Merlie Esquire (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Kelly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Long (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig A Styer Esquire (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miguel Baptista (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cappelletti (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nabila Sajid (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Truskolaski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perry Bentley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Eastman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Roberts (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sassan Hejazi Phd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Figgatt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Watras (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theo Notaras (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas J Burke (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Patrick Scott Esquire (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Todd Pohlig (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen J Esbenshade Esquire (Solicitor For Ccedc)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Frazier Esquire (Solicitor For Ccedf)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fawn Collingwood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Marta Yera Cronin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Dilworth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Perpiglia (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kara Rahn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Tang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Grigalonis (Coo)
  • Compensation: $183,740
  • Related: $0
  • Other: $28,642
Gary Smith (Ceo)
  • Compensation: $205,520
  • Related: $0
  • Other: $31,731
Chris Mchenry (Vp, Devel. Finance)
  • Compensation: $125,340
  • Related: $0
  • Other: $34,177
Sherwood Robbins (Director Loan Program)
  • Compensation: $167,806
  • Related: $0
  • Other: $22,678
Mary Frances Mcgarrity (Business Development Direc)
  • Compensation: $145,360
  • Related: $0
  • Other: $17,539


Official website here: www.ccedcpa.com

Where can I find the form 990 for Chester County Economic Development Council?

Chester County Economic Development Council's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.ccedcpa.com

Learn more at the official website: www.ccedcpa.com

Mission Statement of Chester County Economic Development Council

The Chester County Economic Development Council, a notable organization, is committed to fostering economic growth in Chester County, Pennsylvania. They accomplish this mission by offering various low-interest financing programs to qualified businesses, providing assistance with site selection, and managing grants, among other services. Their primary goal is to support both new and existing businesses in the county, thereby contributing to the overall economic development of the region.

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Impact



October, 2024

Chester County Economic Development Council plays a crucial role in driving economic growth in Chester County, PA. By providing low-interest financing options, it helps both new and existing businesses thrive. The council offers essential services such as site selection assistance and grant management, enabling businesses to make informed decisions and secure necessary funding. Through its various state financing programs for qualified businesses, the council fosters an environment conducive to development and expansion, ultimately contributing to the overall prosperity of the region.



This information is meant to be a general summary of Chester County Economic Development Council. 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.

Revenue
$10,413,909 (2024)
Expenses
$9,364,847 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $64,198
  • Program Service Revenue: $7,117,061
  • Gross Receipts: $10,547,464

Assets and Liabilities:

  • Total Assets: $13,364,084
  • Total Liabilities: $10,167,666
  • Net Assets: $3,196,418

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SETTLEMENT FEES

Revenue

$5,412,772

MANAGEMENT FEES

Revenue

$1,285,282

CONTRACT REVENUE

Revenue

$386,960

OTHER INCOME

Revenue

$25,842

MEETINGS AND EVENTS

Revenue

$6,205

Organization Details

Founding Year

1960

Principal Officer

Gary Smith

Website

www.ccedcpa.com

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