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Bensalem Economic Development Corporation

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

EIN: 752977069 ✦ Bensalem, PA ✦ Designated as a 501(c)(6)

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Overview

What is Bensalem Economic Development Corporation?

The Bensalem Economic Development Corporation is a small, nonprofit organization headquartered at 2400 Byberry Road, Bensalem, Pennsylvania. Its primary mission is to promote a harmonious relationship between businesses and government entities, fostering an environment that encourages mutual cooperation and understanding. The corporation's activities are centered around facilitating business interactions with government bodies, aiming to streamline processes and create a welcoming atmosphere for all involved.


Official website here: www.bensalem-edc.com

Is Bensalem Economic Development Corporation legitimate?

Bensalem Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bensalem Economic Development Corporation 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: $54,000

For more financial information, click here


Official website here: www.bensalem-edc.com

What is the mission statement of Bensalem Economic Development Corporation?

The Bensalem Economic Development Corporation's mission is centered around facilitating a seamless interaction between businesses and government, fostering a congenial environment for this collaboration. By taking on this role, the corporation aims to simplify the process for businesses to navigate government regulations and procedures. This ultimately contributes to the overall growth and success of the business community.


Official website here: www.bensalem-edc.com

Who is the CEO of Bensalem Economic Development Corporation?

Alwyn Gougler is the Board Of Director of Bensalem Economic Development Corporation.


Official website here: www.bensalem-edc.com

What is the revenue of Bensalem Economic Development Corporation?

Bensalem Economic Development Corporation's revenue in 2022 was $47,921.


Official website here: www.bensalem-edc.com

Who are the executives of Bensalem Economic Development Corporation and what are their salaries?

The average compensation at Bensalem Economic Development Corporation during 2022 was $54,000. There is 1 employee at Bensalem Economic Development Corporation.


Here are 16 key members and their salaries:


Brian Cummings (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Costello (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Madulla (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Gougler (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Humphreys (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leo Wesolowski (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Norkus (Board Of Director)
  • Compensation: $54,000
  • Related: $0
  • Other: $0
Dave Fackler (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cliff Greer (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Digirolamo (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Duffy (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Thomas (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arch Sharma (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cook (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Noll (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Tomlinson (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bensalem-edc.com

Where can I find the form 990 for Bensalem Economic Development Corporation?

Bensalem Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bensalem-edc.com

Learn more at the official website: www.bensalem-edc.com

Mission Statement of Bensalem Economic Development Corporation

The Bensalem Economic Development Corporation's mission is centered around facilitating a harmonious relationship between businesses and government in a welcoming environment. This nonprofit organization strives to create a setting where businesses can easily navigate the complexities of working with government agencies, thereby promoting a conducive business environment. By doing so, the corporation aims to foster a thriving business community, ultimately contributing to the overall economic growth and development of the areas it serves.

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Impact




October, 2024

The Bensalem Economic Development Corporation plays a significant role in enhancing the local economy by fostering collaboration between businesses and government. Through its efforts, the organization creates a supportive environment that streamlines processes for entrepreneurs and established companies alike. By facilitating communication and cooperation, it helps to reduce barriers that businesses typically face, which can lead to increased investment and job growth in the Bensalem area.

The emphasis on creating a friendly environment for business operations contributes to community improvement, attracting new enterprises and supporting existing ones. This not only boosts local employment opportunities but also enhances the overall quality of life for residents. The corporation's mission aligns with the interests of local businesses, ensuring that economic development happens in a way that is beneficial to both the business community and the broader community at large.




This information is meant to be a general summary of Bensalem Economic Development Corporation. 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
$47,921 (2022)
Expenses
$111,486 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15,854
  • Gross Receipts: $63,643

Assets and Liabilities:

  • Total Assets: $1,189,026
  • Total Liabilities: $0
  • Net Assets: $1,189,026

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Organization Details

Founding Year

2001

Principal Officer

Alwyn Gougler

Main Address

2400 BYBERRY ROAD, BENSALEM, PA, 19020

NTEE Category

Code: S410 - Community improvement

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