2025-11-19T12:50:04-06:00 2025-06-30 231518888 MAILLIE LLP 500 NORTH LEWIS RD LIMERICK PA 19468 990 2024-07-01 231576225 CHESTER COUNTY ECONOMIC DEVELOPMENT COUNCIL CHES 6104585700 737 CONSTITUTION DRIVE EXTON PA 19341 JAMES HAMMOND VP FINANCE 6104585700 2025-11-13 1 0 DANIEL L NIEHLS CPA P01641646 6109351420 2024 2025-03-06 01:10:19Z GARY SMITH 737 CONSTITUTION DRIVE EXTON PA 19341 12715936 0 X WWW.CCEDCPA.COM X 1960 PA TO FOSTER ECONOMIC GROWTH IN CHESTER COUNTY, PA BY PROVIDING MEANS TO LOW INTEREST FINANCING FOR NEW AND EXISTING BUSINESSES, SITE SELECTION ASSISTANCE, GRANT MANAGEMENT AND OTHER SERVICES. 51 51 38 138 0 0 3256315 6814058 7117061 5705601 64198 72065 -23665 -49591 10413909 12542133 0 0 0 0 3173782 3397959 0 0 0 6191065 8180032 9364847 11577991 1049062 964142 14060204 21576267 10304973 16856894 3755231 4719373 TO FOSTER ECONOMIC GROWTH IN CHESTER COUNTY, PA BY PROVIDING MEANS TO LOW INTEREST FINANCING FOR NEW AND EXISTING BUSINESSES, SITE SELECTION ASSISTANCE, GRANT MANAGEMENT AND OTHER SERVICES. 0 0 11577991 7028105 5705601 VARIOUS LOW-INTEREST STATE FINANCING PROGRAMS TO QUALIFIED BUSINESSES 11577991 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 1 0 0 1 25 0 1 38 1 0 0 0 0 0 0 0 0 0 0 X 51 51 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X X JAMES HAMMOND 6104585700 737 CONSTITUTION DRIVE EXTON PA 19341 ALBERT D FULLER BOARD MEMBER 0.50 X 0 0 0 ANAND SOLANKI BOARD MEMBER 0.50 X 0 0 0 ANNETTE F FAVORITE BOARD MEMBER 0.50 X 0 0 0 BILL HOSTETTER BOARD MEMBER 0.50 X 0 0 0 DWAYNE WALTON BOARD MEMBER 0.50 X 0 0 0 GREG VIETRI BOARD MEMBER 0.50 X 0 0 0 GREGORY REAVES BOARD MEMBER 0.50 X 0 0 0 JAMES E TURNER BOARD MEMBER 0.50 X 0 0 0 JOYCE CHESTER BOARD MEMBER 0.50 X 0 0 0 JOSHUA SNYDER BOARD MEMBER 0.50 X 0 0 0 MATT ADAMS BOARD MEMBER 0.50 X 0 0 0 CRAIG A STYER ESQUIRE BOARD MEMBER 0.50 X 0 0 0 MIGUEL BAPTISTA BOARD MEMBER 0.50 X 0 0 0 MICHAEL CAPPELLETTI BOARD MEMBER 0.50 X 0 0 0 NABILA SAJID BOARD MEMBER 0.50 X 0 0 0 PAUL TRUSKOLASKI BOARD MEMBER 0.50 X 0 0 0 PERRY BENTLEY BOARD MEMBER 0.50 X 0 0 0 RACHEL ROBERTS BOARD MEMBER 0.50 X 0 0 0 STEVE FIGGATT BOARD MEMBER 0.50 X 0 0 0 W PATRICK SCOTT ESQUIRE BOARD MEMBER 0.50 X 0 0 0 FAWN COLLINGWOOD BOARD MEMBER 0.50 X 0 0 0 DR MARTA YERA CRONIN BOARD MEMBER 0.50 X 0 0 0 DAVID DILWORTH BOARD MEMBER 0.50 X 0 0 0 EILEEN PERPIGLIA BOARD MEMBER 0.50 X 0 0 0 KARA RAHN BOARD MEMBER 0.50 X 0 0 0 JANE TANG BOARD MEMBER 0.50 X 0 0 0 JOSEPH E BRION BOARD MEMBER 0.50 X 0 0 0 CAROLINA DIGORGIO BOARD MEMBER 0.50 X 0 0 0 SUE NARDUCCI BOARD MEMBER 0.50 X 0 0 0 BETTINA TWEARDY RIVEROS JD BOARD MEMBER 0.50 X 0 0 0 GEOFFREY SHEEHAN BOARD MEMBER 0.50 X 0 0 0 ERIK T WALSCHBURGER BOARD MEMBER 0.50 X 0 0 0 BILL STEDMAN CHAIRMAN 1.00 X X 0 0 0 EDWARD J BREINER DIRECTOR EMERITUS 0.50 X 0 0 0 MARIAN D MOSKOWITZ DIRECTOR EMERITUS 0.50 X 0 0 0 F WILLIAM BOGLE DIRECTOR EMERITUS 0.50 X 0 0 0 JOSH MAXWELL EX-OFFICIO 0.50 X 0 0 0 ERIC ROE EX-OFFICIO 0.50 X 0 0 0 TIM PHELPS EX-OFFICIO 0.50 X 0 0 0 A STEVEN KRUG EX-OFFICIO 0.50 X 0 0 0 DR COLIN J NEILL EX-OFFICIO 0.50 X 0 0 0 GEORGE FIORE EDD EX-OFFICIO 0.50 X 0 0 0 LAURA MANION EX-OFFICIO 0.50 X 0 0 0 LISA VAN ESS EX-OFFICIO 0.50 X 0 0 0 SUE WATRAS EX-OFFICIO 0.50 X 0 0 0 THEO NOTARAS EX-OFFICIO 0.50 X 0 0 0 THOMAS J BURKE EX-OFFICIO 0.50 X 0 0 0 W TODD POHLIG EX-OFFICIO 0.50 X 0 0 0 GAIL B DOOLEY LPN CDP EX-OFFICIO IP CHAIR 0.50 X 0 0 0 GREG NEWELL EX-OFFICIO IP CHAIR 0.50 X 0 0 0 MICHAEL J HANKIN FIRST VICE CHAIR 1.00 X X 0 0 0 JEANETTE ROMAN GOVERNMENTAL DIRECTOR 0.50 X 0 0 0 LOUIS B KUPPERMAN ESQUIRE GOVERNMENTAL DIRECTOR 0.50 X 0 0 0 MICHAEL A DEHAVEN CPA GOVERNMENTAL DIRECTOR 0.50 X 0 0 0 ARTHUR A BERNARDON AIA HONORARY DIRECTOR 0.50 X 0 0 0 CONRAD M OLIE HONORARY DIRECTOR 0.50 X 0 0 0 EDWIN A BROWNLEY JR HONORARY DIRECTOR 0.50 X 0 0 0 FRANK A PILIERO HONORARY DIRECTOR 0.50 X 0 0 0 HANNO SPRANGER HONORARY DIRECTOR 0.50 X 0 0 0 JIM READING HONORARY DIRECTOR 0.50 X 0 0 0 JOHN C SNYDER ESQUIRE HONORARY DIRECTOR 0.50 X 0 0 0 NANCY R CORSON HONORARY DIRECTOR 0.50 X 0 0 0 R STANLEY SCHUCK HONORARY DIRECTOR 0.50 X 0 0 0 ROBERT F FISCHER CPA HONORARY DIRECTOR 0.50 X 0 0 0 ROGER N HUGGINS ESQUIRE HONORARY DIRECTOR 0.50 X 0 0 0 MICHAEL A BRAY SECRETARY 1.00 X X 0 0 0 HELEN J ESBENSHADE ESQUIRE SOLICITOR FOR CCEDC 0.50 X 0 0 0 RICHARD FRAZIER ESQUIRE SOLICITOR FOR CCEDF 0.50 X 0 0 0 DR R LORRAINE BERNOTSKY TREASURER 1.00 X X 0 0 0 MIKE GRIGALONIS COO 40.00 X 186266 0 29237 GARY SMITH CEO 40.00 X 205468 0 31387 MARY FRANCES MCGARRITY BUSINESS DEVELOPMENT DIREC 40.00 X 144489 0 18153 SHERWOOD ROBBINS DIRECTOR LOAN PROGRAM 40.00 X 164090 0 22900 CHRIS MCHENRY VP, DEVEL. FINANCE 40.00 X 122459 0 33715 822772 0 135392 5 0 1 0 J LIS MANAGEMENT CONSULTING 24 WALNUT BANK ROAD GLENMORE PA 19343 HIRE ONE PROGRAM EMPLOYMENT CONSULTING 138875 PEGASUS TECHNOLOGIES PO BOX 401 LIMA PA 19037 IT SERVICES 128034 2 173803 169325 6244680 226250 6814058 SETTLEMENT FEES 561000 3906436 3906436 MANAGEMENT FEES 561000 1396976 1396976 CONTRACT REVENUE 561000 365262 365262 OTHER INCOME 561000 27750 27750 MEETINGS AND EVENTS 561000 9177 9177 5705601 72065 72065 124212 173803 173803 -49591 -49591 12542133 5705601 0 22474 2792177 75735 313233 216814 9885 35791 51746 75322 331700 48581 10691 44014 8886 15543 GRANT AND CONTRACT 7028105 STATE MATCHING FUNDS 446492 DUES & SUBSCRIPTIONS 58500 TELEPHONE 12962 1814 11577991 1034360 877670 774782 895607 443027 580783 275393 381642 8874135 11015779 40115 57982 315017 294766 26824 20251 2591568 7746553 14060204 21576267 843066 917504 927595 5736441 7955978 9809199 578334 393750 10304973 16856894 X 2647771 2474695 1107460 2244678 3755231 4719373 14060204 21576267 964142 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 315017 294766 20251 20251 CASH RESTRICTED FOR GRANTS AND PROGRAMS 7352803 OPERATING LEASE RIGHT OF USE ASSET 393750 7746553 OPERATING LEASE LIABILITY 393750 393750 X 12715936 173803 173803 12542133 0 12542133 11751794 173803 173803 11577991 0 11577991 PART X, LINE 2: THE COUNCIL TAKES THE POSITION THAT IT HAS NO NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES AND BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT COSTS PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT COSTS NETTED WITH REVENUE ON 990 AWARDS DINNER 191750 118803 72947 2925 115878 GOLF OUTING 81765 47741 34024 29089 18652 1 24500 7259 17241 5712 300 1247 298015 173803 124212 34801 3225 135777 173803 -49591 X X X 0 0 0 GARY SMITH CEO 205468 0 0 0 0 0 0 0 31387 0 236855 0 0 0 MIKE GRIGALONIS COO 186266 0 0 0 0 0 0 0 29237 0 215503 0 0 0 SHERWOOD ROBBINS DIRECTOR LOAN PROGRAM 164090 0 0 0 0 0 0 0 22900 0 186990 0 0 0 MARY FRANCES MCGARRITY BUSINESS DEVELOPMENT DIREC 144489 0 0 0 0 0 0 0 18153 0 162642 0 0 0 CHRIS MCHENRY VP, DEVEL. FINANCE 122459 0 0 0 0 0 0 0 33715 0 156174 0 0 0 ROGER HUGGINS CURRENT BOARD MEMBER 23950 LEGAL 0 GEORGE FIORE EDD FORMER OFFICER 18850 FACILITIES 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS INITIALLY REVIEWED IN DETAIL BY THE CFO TO ENSURE ACCURACY AND CONSISTENCY WITH THE AUDITED FINANCIAL STATEMENTS AND THEN SUBSEQUENTLY IS REVIEWED WITH THE EXECUTIVE COMMITTEE OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 HR COMMITTEE OF BOARD MEETS ALL THESE REQUIREMENTS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC ONLY UPON DIRECT REQUEST TO THE ORGANIZATION. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE FROM PRIOR YEARS IN THE PROCESSES FOR AUDIT OVERSIGHT OR SELECTION OF AN INDEPENDENT ACCOUNTANT. SOUTH EASTERN ECONOMIC DEVELOPMENT COMPANY OF PENNSYLVANIA 737 CONSTITUTION DRIVE EXTON PA 19341 222490679 SERVES AS A CERTIFIED DEVELOPMENT CORPORATION TO FOSTER COMMERCIAL GROWTH PA 501 (C) 6 0 CHESTER COUNTY ECONCOMIC DEVELOPMENT FOUNDATION 737 CONSTITUTION DRIVE EXTON PA 19341 232978513 ENGAGING IN EDUCATIONAL ACTIVITIES TO PROMOTE ECONOMIC DEVELOPMENT PA 501 (C) 3 170 (B)(1)(A)(VI) 0 0 1 1 0 0 0 0 0 0 0 1 1 0 1 1 0 1 0 0 CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION N 0 CCEDF SHARES CCEDC EQUIPMENT CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION O 0 SAME EXECUTIVE STAFF AS COUNCIL CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION K 205060 COUNCIL LEASES OFFICE FROM CCEDF CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION L 1579653 GRANT, PROJECT & MANAGEMENT FEES CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION Q 22500 CCEDF SHARE - MARKETING CAMPAIGN SOUTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PENNSYLVANIA L 1183976 SHARE OF SEEDCO ADMIN SERVICE FEE SOUTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PENNSYLVANIA N 0 SEEDCO SHARES CCEDC EQUIPMENT SOUTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PENNSYLVANIA Q 22500 SEEDCO SHARE - MARKETING CAMPAIGN SOUTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PENNSYLVANIA C 125000 GRANT PROVIDED BY SEEDCO CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION B 27750 BUILDING CAMPAIGN GRANT