Greater Wilkes-Barre Industrial Fund Inc

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

EIN: 246024395 ✦ Wilkesbarre, PA ✦ Designated as a 501(c)(4)

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Overview

What is Greater Wilkes-Barre Industrial Fund Inc?

Greater Wilkes-Barre Industrial Fund Inc is a nonprofit organization situated in Wilkes-Barre, Pennsylvania. Their primary mission is to stimulate and enhance industrial growth in the Wyoming Valley area. They achieve this by acting as an intermediary, securing low-interest financing for business enterprises from local banks and the Pennsylvania Industrial Development Authority (PIDA). Additionally, they participate in the Industrial Sites Reuse Program (ISRP) and PENNDOT Multimodal Grants. The goal of these activities is to encourage industrial and economic growth in the neighboring communities of Luzerne County, Pennsylvania, collectively known as the Wyoming Valley and its suburbs. The organization is committed to engaging in any necessary activities to achieve these objectives.


Official website here: www.wyomingvalleychamber.org

Is Greater Wilkes-Barre Industrial Fund Inc legitimate?

Greater Wilkes-Barre Industrial Fund Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Greater Wilkes-Barre Industrial Fund Inc 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: $78,549

For more financial information, click here


Official website here: www.wyomingvalleychamber.org

What is the mission statement of Greater Wilkes-Barre Industrial Fund Inc?

The mission of Greater Wilkes-Barre Industrial Fund Inc is centered around promoting and enhancing industrial growth in a specific area. Specifically, their objective is to foster industrial and economic development in communities adjacent to Wilkes-Barre, Pennsylvania, which collectively form the Wyoming Valley and its recognized suburbs. They are committed to engaging in various activities necessary to achieve this goal. Their efforts are aimed at contributing to the overall growth and development of these communities.


Official website here: www.wyomingvalleychamber.org

Who is the CEO of Greater Wilkes-Barre Industrial Fund Inc?

Lindsay Griffin is the Board Chair of Greater Wilkes-Barre Industrial Fund Inc. The CEO's salary of Greater Wilkes-Barre Industrial Fund Inc is $0 and their total compensation is $143,235.


Official website here: www.wyomingvalleychamber.org

What is the revenue of Greater Wilkes-Barre Industrial Fund Inc?

Greater Wilkes-Barre Industrial Fund Inc's revenue in 2022 was $2,473,653.


Official website here: www.wyomingvalleychamber.org

Who are the executives of Greater Wilkes-Barre Industrial Fund Inc and what are their salaries?

There 11 volunteers at Greater Wilkes-Barre Industrial Fund Inc.


Here are 13 key members and their salaries (Greater Wilkes-Barre Industrial Fund Inc's CEO's salary is $0 and their total compensation is $143,235):


Carol K Keup (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teri Ooms (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Beer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Toczko-Macullocl (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Jensen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Lane (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lombardo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Moules (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Rinker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Lynett (Ex-Officio (Non-Voting))
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Witkowski (Ex-Officio (Non-Voting))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Griffin (President/Ceo)
  • Compensation: $0
  • Related: $130,233
  • Other: $13,002
Matthew Bickert (Chief Financial Officer)
  • Compensation: $0
  • Related: $71,621
  • Other: $2,517


Official website here: www.wyomingvalleychamber.org

Where can I find the form 990 for Greater Wilkes-Barre Industrial Fund Inc?

Greater Wilkes-Barre Industrial Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wyomingvalleychamber.org

Learn more at the official website: www.wyomingvalleychamber.org

Mission Statement of Greater Wilkes-Barre Industrial Fund Inc

Greater Wilkes-Barre Industrial Fund Inc is a nonprofit organization with a mission to foster and enhance industrial growth in the Wyoming Valley area. Their objective is to promote and develop economic growth in the adjacent communities of Luzerne County, Pennsylvania, which collectively make up the Wyoming Valley and its recognized suburbs. The organization is committed to engaging in any necessary and incidental activities to achieve this goal. In essence, Greater Wilkes-Barre Industrial Fund Inc works to stimulate industrial expansion and economic development in the Wyoming Valley region, contributing to its overall prosperity.

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Impact




October, 2024

Greater Wilkes-Barre Industrial Fund Inc plays a crucial role in enhancing industrial growth and economic development in the Wyoming Valley area of Luzerne County, Pennsylvania. By facilitating low-interest financing through collaborations with local banks and the Pennsylvania Industrial Development Authority (PIDA), the organization provides essential support for businesses looking to acquire or construct properties. This financial assistance not only empowers local enterprises but also fosters job creation and economic stability within the community.

Additionally, the Fund acts as an agent in initiatives like the Industrial Sites Reuse Program (ISRP) and the PennDOT Multimodal Grants, which aim to revitalize underutilized industrial sites and improve transportation infrastructure. Through these efforts, the Greater Wilkes-Barre Industrial Fund Inc contributes significantly to community improvement and the overall economic health of the region, ensuring that the Wyoming Valley evolves as a vibrant hub for industry and commerce.




This information is meant to be a general summary of Greater Wilkes-Barre Industrial Fund Inc. 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
$2,473,653 (2022)
Expenses
$2,552,143 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $162
  • Program Service Revenue: $46,810
  • Gross Receipts: $2,473,653

Assets and Liabilities:

  • Total Assets: $985,942
  • Total Liabilities: $1,629,626
  • Net Assets: -$643,684

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Programs

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

GRANT COMPLIANCE ACTIV

Revenue

$46,810

Organization Details

Founding Year

1953

Principal Officer

Lindsay Griffin

Main Address

7 SOUTH MAIN STREET 3RD FLOOR 4, WILKESBARRE, PA, 18701

NTEE Category

Code: S31 - Community improvement

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