Overview
What is Economic Development Council Of Northeastern Pennsylvania?
The Economic Development Council of Northeastern Pennsylvania (EDCNP), operating under the name Northeastern Pennsylvania Alliance, is a regional economic development agency based in Pittston, Pennsylvania. With a team of 26 individuals, EDCNP offers leadership, planning, and expert services to local governments, businesses, and individuals, fostering collaborations and partnerships to bolster economic growth and improve the area's quality of life. Over the past year, EDCNP has been instrumental in facilitating 53 loans totaling $12,394,650, attracting additional $24,267,130 in financing, and supporting the creation or retention of 815 jobs. Moreover, EDCNP has assisted 84 entrepreneurs and small businesses, aided 54 companies in exporting, and secured prime contract awards and government grants totaling $304,579,291. Notably, EDCNP has promoted international business opportunities and offered educational resources to local businesses.
Official website here: www.nepa-alliance.org
Is Economic Development Council Of Northeastern Pennsylvania legitimate?
Economic Development Council Of Northeastern Pennsylvania is a legitimate nonprofit organization registered as a 501(c)(4) entity. Economic Development Council Of Northeastern Pennsylvania 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
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Other Salaries and Wages: $1,813,426
For more financial information, click here
Official website here: www.nepa-alliance.org
What is the mission statement of Economic Development Council Of Northeastern Pennsylvania?
The Economic Development Council of Northeastern Pennsylvania (EDCNP) serves as a regional multi-county economic development agency. Its mission is to offer leadership, planning, expertise, and services to local governments, businesses, institutions, and individuals. EDCNP achieves this by fostering innovative collaborations and partnerships, aiming to enhance economic development and improve the quality of life in the area. The organization's goal is to provide a tailored selection of programs and valuable services that cater to the needs of their partners and contribute positively to the region. EDCNP's activities add value to the area through its programs and services, contributing to the overall economic development of the region.
Official website here: www.nepa-alliance.org
Who is the CEO of Economic Development Council Of Northeastern Pennsylvania?
Jeffery K Box is the President & Ceo of Economic Development Council Of Northeastern Pennsylvania. The CEO's salary of Economic Development Council Of Northeastern Pennsylvania is $159,302 and their total compensation is $192,289.
Official website here: www.nepa-alliance.org
What is the revenue of Economic Development Council Of Northeastern Pennsylvania?
Economic Development Council Of Northeastern Pennsylvania's revenue in 2022 was $4,038,523.
Official website here: www.nepa-alliance.org
Who are the executives of Economic Development Council Of Northeastern Pennsylvania and what are their salaries?
The average compensation at Economic Development Council Of Northeastern Pennsylvania during 2022 was $69,747. There are 26 employees and 50 volunteers at Economic Development Council Of Northeastern Pennsylvania.
Here are 52 key members and their salaries (Economic Development Council Of Northeastern Pennsylvania's CEO's salary is $159,302 and their total compensation is $192,289):
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Official website here: www.nepa-alliance.org
Where can I find the form 990 for Economic Development Council Of Northeastern Pennsylvania?
Economic Development Council Of Northeastern Pennsylvania's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nepa-alliance.org
Learn more at the official website: www.nepa-alliance.org
Mission Statement of Economic Development Council Of Northeastern Pennsylvania
The Economic Development Council of Northeastern Pennsylvania (EDCNP) serves as a regional multi-county economic development agency, offering leadership, planning, expertise, and services to various partners, including local governments, businesses, institutions, and individuals. Their mission is to enhance the economic development and improve the quality of life in the area through innovative collaborations and partnerships. EDCNP strives to offer a high-quality selection of programs and valuable services tailored to the needs of its partners, aiming to add significant value to the region. Their primary goal is to foster sustainable growth and development within the community, making strides towards a prosperous and dynamic region.
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Impact
October, 2024
The Economic Development Council of Northeastern Pennsylvania plays a crucial role in enhancing the economic landscape of the region through a comprehensive range of services aimed at fostering growth and collaboration. Over the past year, EDCNP facilitated the closure of 53 loans totaling over $12 million, which catalyzed an impressive $24 million in additional private and public financing. This financial support helped retain or create 374 jobs, directly benefiting the local workforce.
In addition to direct financing, EDCNP provided critical support to entrepreneurs and small businesses. They counseled 84 entrepreneurs and assisted 54 businesses with exporting efforts, resulting in 171 export actions and substantial export sales amounting to over $113 million. These efforts not only opened new markets but also contributed to the retention or creation of over 1,000 jobs in the region.
EDCNP's initiatives extend beyond individual businesses; they enhance the community's overall economic resilience. Through programs like "Bringing the World to PA" and educational webinars, EDCNP empowers local businesses with knowledge about international markets and industry trends. Their success in securing prime contract awards exceeding $300 million also underscores their impact, further supporting hundreds of local jobs.
By conducting initial counseling sessions and follow-ups, EDCNP ensures that businesses receive sustained support as they navigate challenges and opportunities in the economic landscape. Through innovation and strategic partnerships, EDCNP significantly contributes to the quality of life and economic prosperity of Northeastern Pennsylvania.
This information is meant to be a general summary of Economic Development Council Of Northeastern Pennsylvania. 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.
- Investment Income: $239
- Program Service Revenue: $3,801,809
- Gross Receipts: $4,038,523
Assets and Liabilities:
- Total Assets: $11,608,438
- Total Liabilities: $2,899,399
- Net Assets: $8,709,039
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Business Development
Revenue
$2,345,269
Econ & Comm Develop
Revenue
$783,481
Planning & Government
Revenue
$673,059
Organization Details
Founding Year
1964
Phone
(570) 655-5581Principal Officer
Jeffery K Box
Main Address
1151 OAK STREET, PITTSTON, PA, 18640
Website
www.nepa-alliance.orgNTEE Category
Code: S30 - Community improvement
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