Overview
What is Berwick Industrial Development Assoc?
Berwick Industrial Development Assoc, based in Berwick, Pennsylvania, is a nonprofit organization dedicated to fostering business and economic growth in its service area. They accomplish this by operating an industrial complex where businesses can operate, as well as advocating for commercial entities to secure government grants and low-interest rate loans. The association aims to better the quality of life for the area's citizens by collaborating with various private, public, and community groups and organizations. Their mission involves marketing and managing industrial assets, retaining, expanding, and recruiting businesses and industries, and contributing to community revitalization efforts. With a workforce of five individuals, Berwick Industrial Development Assoc is committed to improving the regional economy.
Is Berwick Industrial Development Assoc legitimate?
Berwick Industrial Development Assoc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Berwick Industrial Development Assoc 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: $90,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,250
For more financial information, click here
What is the mission statement of Berwick Industrial Development Assoc?
The Berwick Industrial Development Association (BIDA) is dedicated to enhancing the regional economy by marketing and managing its industrial resources. Their mission includes retaining, expanding, and recruiting businesses and industries, as well as contributing to community revitalization efforts. BIDA collaborates with various private, public, and community groups and organizations to achieve this mission, ultimately aiming to improve the quality of life for the area's citizens.
Who is the CEO of Berwick Industrial Development Assoc?
Kelly O'Brien is the President of Berwick Industrial Development Assoc.
What is the revenue of Berwick Industrial Development Assoc?
Berwick Industrial Development Assoc's revenue in 2023 was $637,502.
Who are the executives of Berwick Industrial Development Assoc and what are their salaries?
The average compensation at Berwick Industrial Development Assoc during 2023 was $38,455. There are 5 employees and 9 volunteers at Berwick Industrial Development Assoc.
Here are 10 key members and their salaries:
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- Compensation: $74,184
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- Other: $15,843
Where can I find the form 990 for Berwick Industrial Development Assoc?
Berwick Industrial Development Assoc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Berwick Industrial Development Assoc
Berwick Industrial Development Association, often referred to as BIDA, is committed to enhancing the economic prosperity of its region. The organization achieves this mission by actively marketing and managing its industrial assets, fostering the retention, expansion, and recruitment of businesses and industries. Furthermore, BIDA contributes to community revitalization efforts. To accomplish these objectives, BIDA collaborates with a variety of private, public, and community groups and organizations. By forging these partnerships, BIDA works towards improving the quality of life for the area's citizens.
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Impact
October, 2024
The Berwick Industrial Development Association (BIDA) plays a vital role in enhancing the economic landscape of Berwick, Pennsylvania, by actively marketing and managing industrial assets. BIDA focuses on the retention, expansion, and recruitment of businesses and industries, thereby stimulating local economic growth.
By operating an industrial complex, BIDA creates a conducive environment for businesses to thrive, facilitating job creation and providing opportunities for local workforce development. Additionally, BIDA advocates for access to government grants and low-interest loans, which are crucial for commercial entities looking to expand or establish operations in the region.
Collaboration is a cornerstone of BIDA's strategy. By partnering with private, public, and community organizations, BIDA works on various initiatives aimed at community revitalization, ultimately contributing to a better quality of life for residents. Through these efforts, BIDA strengthens the local economy and fosters a sense of community resilience and growth.
This information is meant to be a general summary of Berwick Industrial Development Assoc. 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 2023.
- Investment Income: $139,665
- Program Service Revenue: $3,191
- Gross Receipts: $1,727,576
Assets and Liabilities:
- Total Assets: $12,782,788
- Total Liabilities: $268,604
- Net Assets: $12,514,184
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE CHARGES
Revenue
$3,191
Organization Details
Founding Year
1957
Phone
(570) 752-3612Principal Officer
Kelly O'Brien
Main Address
107 SOUTH MARKET STREET 5, BERWICK, PA, 18603
NTEE Category
Code: S31 - Community improvement
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