Nonprofit · EIN 23-2611591
LOWER MERION DEVELOPMENT CORPORATION
Tax-exempt · BRYN MAWR, PA 19010
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $76 | $1,819 | -$1,743 | $70,875 | $6,054 | $64,821 |
| June 30, 2024 | 990-PF | $171 | $6,889 | -$6,718 | $72,618 | $6,054 | $66,564 |
| June 30, 2023 | 990-PF | $614 | $1,244 | -$630 | $78,656 | $5,374 | $73,282 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Interest
- $76
Expenses
- Grants and similar amounts paid
- $1,819
- Disbursements for charitable purposes
- $1,819
- Excise tax on investment income
- $1
Balance sheet and other
- Total assets, start of year
- $72,618
- Total assets, end of year
- $70,875
- Total liabilities, end of year
- $6,054
- Net assets, end of year
- $64,821
- Fair market value of assets
- $36,970
- Qualifying distributions
- $1,819
- Net investment income
- $76
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT KALNER 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | PRESIDENT | 0 | $0 |
| KAREN W RAMSEY 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | VICE-PRESIDE | 0 | $0 |
| THOMAS H PATTERSON 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | ASST. TREASU | 0 | $0 |
| KATHY BABCOCK 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | MEMBER | 0 | $0 |
| ALISA MCCANN 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | MEMBER | 0 | $0 |
| KATH KURTZ 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | MEMBER | 0 | $0 |
| MAXINE GOLDBERG 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | MEMBER | 0 | $0 |
| DANIELLE MITCHELL 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | MEMBER | 0 | $0 |
990-PF for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN W ALEXANDER JR 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | PRESIDENT | 0 | $0 |
| KAREN W RAMSEY 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | VICE-PRESIDE | 0 | $0 |
| KEVIN KAVANAUGH 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | TREASURER | 0 | $0 |
| THOMAS H PATTERSON 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | ASST. TREASU | 0 | $0 |
| KATHY BABCOCK 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | MEMBER | 0 | $0 |
| MICHAEL LEIBOWITZ 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | MEMBER | 0 | $0 |
| ALISA MCCANN 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | MEMBER | 0 | $0 |
990-PF for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN W ALEXANDER JR 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | PRESIDENT | 0 | $0 |
| KAREN W RAMSEY 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | VICE-PRESIDE | 0 | $0 |
| KEVIN KAVANAUGH 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | TREASURER | 0 | $0 |
| THOMAS H PATTERSON 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | ASST. TREASU | 0 | $0 |
| KATHY BABCOCK 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | MEMBER | 0 | $0 |
| MICHAEL LEIBOWITZ 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | MEMBER | 0 | $0 |
| ALISA MCCANN 9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA 19010 | MEMBER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 9 S BRYN MAWR AVE, BRYN MAWR, PA 19010-3406
- Signed the 990-PF
- SCOTT KALNER, PRESIDENT
- Phone
- (215) 688-0432
- Return prepared by
- STEPHANO SLACK LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 23-2611591
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1991
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $70,875
- Income (IRS master file)
- $76
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $76 | $1,819 | $70,875 | XML |
| 990-PF | June 2024 | $171 | $6,889 | $72,618 | IRS |
| 990-PF | June 2023 | $614 | $1,244 | $78,656 | XML |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 2020 | – | – | – | IRS |
| 990-PF | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2611591).
Questions about LOWER MERION DEVELOPMENT CORPORATION
- What is the EIN of LOWER MERION DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of LOWER MERION DEVELOPMENT CORPORATION is 23-2611591.
- Is LOWER MERION DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to LOWER MERION DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LOWER MERION DEVELOPMENT CORPORATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LOWER MERION DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOWER MERION DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of LOWER MERION DEVELOPMENT CORPORATION?
- The 990-PF for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does LOWER MERION DEVELOPMENT CORPORATION have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $76, expenses of $1,819 and total assets of $70,875 at year end.
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