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Nonprofit · EIN 23-2798276

LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · BETHLEHEM, PA 18018

Financials

$3.3M$3.1M2023$3.3M$3.3M2024$3.6M$3.5M2025
Revenue Expenses · by fiscal year end
Financials of LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,570,263$3,468,705$101,558$5,921,444$2,147,835$3,773,609
December 31, 2024990$3,337,616$3,346,968-$9,352$5,938,614$2,266,563$3,672,051
December 31, 2023990$3,329,962$3,111,526$218,436$6,107,133$2,425,730$3,681,403
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$3,005,103
of which government grants
$2,085,618
Program service revenue
$464,222
Investment income
$100,188
Other revenue
$750

Expenses

Grants and similar amounts paid
$27,000
Compensation of officers, directors and key employees
$541,698
Other salaries and wages
$1,304,081
Salaries, compensation and benefits (total)
$2,190,261
Professional fundraising fees
$0
Legal fees
$4,488
Accounting fees
$19,950
Occupancy
$196,889
Travel
$57,228
Depreciation
$61,404
Program services (functional)
$2,662,618
Management and general (functional)
$729,635
Fundraising (functional)
$76,452

Balance sheet and other

Total assets, start of year
$5,938,614
Total assets, end of year
$5,921,444
Total liabilities, end of year
$2,147,835
Net assets, end of year
$3,773,609
Land, buildings and equipment
$285,555
Net assets without donor restrictions
$3,773,609
Gross receipts
$3,570,263
Employees
17
Volunteers
36
Year formed
1995
State of legal domicile
PA

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 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DONALD T CUNNINGHAM JRPRESIDENT/CEO
Trustee or director, Officer
40$289,622$44,999
JAIME M WHALENEXEC VP & CHIEF OF STAFF
Officer
40$155,171$40,138
KARIANNE GELINASVP OF TALENT STRATEGIES
Highest-paid employee
40$136,328$34,909
KRISTIN CAHAYLA-HOFFMANVP OF BUS DVLPMT & ATTRACT
Highest-paid employee
40$134,931$34,460
NICOLE MERTZVP MKTG, COMM & RESEARCH
Highest-paid employee
40$134,727$33,902
JARRETT WITTDIRECTOR OF BUSINESS DEVELOPMENT
Highest-paid employee
40$103,768$30,797
DOUG WARFELDIRECTOR OF ATTRACTION AND LENDING
Highest-paid employee
40$102,314$12,759
STEPHEN HOFFCHAIR (EFF 3/25, VICE CHAIR PRIOR)
Trustee or director, Officer
1$0$0
EDWARD DOUGHERTYCHAIR (THRU 3/25)
Trustee or director, Officer
1$0$0
RICHARD REYNOLDSVICE CHAIR (EFF 3/25)
Trustee or director, Officer
1$0$0
CHRIS BROWNTREASURER (THRU 3/25)
Trustee or director, Officer
1$0$0
SUSAN LARKINTREASURER (EFF 3/25)
Trustee or director, Officer
1$0$0
DAN MCCARTHYSECRETARY
Trustee or director, Officer
1$0$0
ADAM GALCZYNSKIBOARD MEMBER (THRU 5/25)
Trustee or director
1$0$0
ALEX MICHAELSBOARD MEMBER
Trustee or director
1$0$0
33 more people on this return
NameTitleHours / weekCompensation
ARTHUR DORNBOARD MEMBER
Trustee or director
1$0
BEN HUSSABOARD MEMBER
Trustee or director
1$0
BOB BEGLIOMINIBOARD MEMBER
Trustee or director
1$0
CAROLYN STENNETTBOARD MEMBER
Trustee or director
1$0
CHRISTINE MARTINBOARD MEMBER
Trustee or director
1$0
DR ANN D BIEBERBOARD MEMBER
Trustee or director
1$0
DR LISA GREENAWALTBOARD MEMBER
Trustee or director
1$0
DR TINA Q RICHARDSONBOARD MEMBER (THRU 3/25)
Trustee or director
1$0
DREW LEWISBOARD MEMBER (THRU 3/25)
Trustee or director
1$0
GUNNAR BRUNIUSBOARD MEMBER (THRU 9/25)
Trustee or director
1$0
HONORABLE DAN HARTZELLBOARD MEMBER
Trustee or director
1$0
HONORABLE J WILLIAM REYNOLDSBOARD MEMBER
Trustee or director
1$0
HONORABLE LAMONT MCCLUREBOARD MEMBER
Trustee or director
1$0
HONORABLE MATT TUERKBOARD MEMBER
Trustee or director
1$0
HONORABLE PHILLIPS ARMSTRONGBOARD MEMBER
Trustee or director
1$0
HONORABLE SAL PANTO JRBOARD MEMBER
Trustee or director
1$0
KASSIE HILGERTBOARD MEMBER
Trustee or director
1$0
LOREN SPEZIALEBOARD MEMBER
Trustee or director
1$0
LORI VARGO HEFFNERBOARD MEMBER
Trustee or director
1$0
MICHAEL LANDSBURGBOARD MEMBER (THRU 3/25)
Trustee or director
1$0
MICHELE MCGRATHBOARD MEMBER (THRU 3/25)
Trustee or director
1$0
NATHAN URBANBOARD MEMBER
Trustee or director
1$0
NEAL KOPLINBOARD MEMBER
Trustee or director
1$0
PAUL ANTHONYBOARD MEMBER
Trustee or director
1$0
R SCOTT UNGERBOARD MEMBER
Trustee or director
1$0
RACHEL MCDEVITTBOARD MEMBER
Trustee or director
1$0
RAYMOND MIDLAMBOARD MEMBER
Trustee or director
1$0
REV JAMES GREENFIELDBOARD MEMBER
Trustee or director
1$0
ROB ALBERTBOARD MEMBER
Trustee or director
1$0
SHELLY MCWILLIAMSBOARD MEMBER
Trustee or director
1$0
T ANTHONY IANNELLIBOARD MEMBER
Trustee or director
1$0
TOM IKEBOARD MEMBER
Trustee or director
1$0
VICKI DOULEBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2024: 39 people
NameTitleHours / weekCompensationOther / benefits
DONALD T CUNNINGHAM JRPRESIDENT/CEO
Trustee or director, Officer
40$303,117$36,315
JAIME M WHALENEXEC VP & CHIEF OF STAFF
Officer
40$156,029$27,459
KARIANNE GELINASVP OF REG PTPS & TALENT ST
Highest-paid employee
40$130,682$26,256
KRISTIN CAHAYLA-HOFFMANVP OF BUS DVLPMT & ATTRACT
Highest-paid employee
40$129,347$26,032
NICOLE MERTZVP MKTG, COMM & RESEARCH
Highest-paid employee
40$132,675$19,220
EDWARD DOUGHERTYCHAIR
Trustee or director, Officer
1$0$0
STEPHEN HOFFVICE CHAIR
Trustee or director, Officer
1$0$0
CHRIS BROWNTREASURER
Trustee or director, Officer
1$0$0
DAN MCCARTHYSECRETARY
Trustee or director, Officer
1$0$0
PAUL ANTHONYBOARD MEMBER
Trustee or director
1$0$0
HONORABLE PHILLIPS ARMSTRONGBOARD MEMBER
Trustee or director
1$0$0
DR ANN D BIEBERBOARD MEMBER
Trustee or director
1$0$0
GUNNAR BRUNIUSBOARD MEMBER
Trustee or director
1$0$0
TOM IKEBOARD MEMBER
Trustee or director
1$0$0
ADAM GALCZYNSKIBOARD MEMBER
Trustee or director
1$0$0
DR LISA GREENAWALTBOARD MEMBER
Trustee or director
1$0$0
REV JAMES GREENFIELDBOARD MEMBER
Trustee or director
1$0$0
HONORABLE DAN HARTZELLBOARD MEMBER
Trustee or director
1$0$0
T ANTHONY IANNELLIBOARD MEMBER
Trustee or director
1$0$0
NEAL KOPLINBOARD MEMBER
Trustee or director
1$0$0
MICHAEL LANDSBURGBOARD MEMBER
Trustee or director
1$0$0
SUSAN LARKINBOARD MEMBER
Trustee or director
1$0$0
HONORABLE LAMONT MCCLUREBOARD MEMBER
Trustee or director
1$0$0
MICHELE MCGRATHBOARD MEMBER
Trustee or director
1$0$0
SHELLY MCWILLIAMSBOARD MEMBER
Trustee or director
1$0$0
ALEX MICHAELSBOARD MEMBER
Trustee or director
1$0$0
RAYMOND MIDLAMBOARD MEMBER
Trustee or director
1$0$0
HONORABLE SAL PANTO JRBOARD MEMBER
Trustee or director
1$0$0
HONORABLE J WILLIAM REYNOLDSBOARD MEMBER
Trustee or director
1$0$0
DR TINA Q RICHARDSONBOARD MEMBER
Trustee or director
1$0$0
LOREN SPEZIALEBOARD MEMBER
Trustee or director
1$0$0
CAROLYN STENNETTBOARD MEMBER
Trustee or director
1$0$0
HONORABLE MATT TUERKBOARD MEMBER
Trustee or director
1$0$0
R SCOTT UNGERBOARD MEMBER
Trustee or director
1$0$0
CHRISTINE MARTINBOARD MEMBER
Trustee or director
1$0$0
VICKIE DOULE'BOARD MEMBER
Trustee or director
1$0$0
DREW LEWISBOARD MEMBER
Trustee or director
1$0$0
RICHARD REYNOLDSBOARD MEMBER
Trustee or director
1$0$0
LORI HEFFNER VARGOBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 37 people
NameTitleHours / weekCompensationOther / benefits
DONALD T CUNNINGHAM JRPRESIDENT/CEO
Trustee or director, Officer
40$267,389$34,200
JAIME M WHALENEXEC VP & CHIEF OF STAFF
Officer
40$141,420$25,630
KARIANNE GELINASVP OF REG PTPS & TALENT ST
Highest-paid employee
40$125,839$24,532
KRISTIN CAHAYLA-HOFFMANVP OF BUS DVLPMT & ATTRACT
Highest-paid employee
40$124,556$24,312
NICOLE MERTZVP MKTG, COMM & RESEARCH
Highest-paid employee
40$108,796$14,827
EDWARD DOUGHERTYCHAIR
Trustee or director, Officer
1$0$0
STEPHEN HOFFVICE CHAIR
Trustee or director, Officer
1$0$0
CHRIS BROWNTREASURER
Trustee or director, Officer
1$0$0
DAN MCCARTHYSECRETARY
Trustee or director, Officer
1$0$0
PAUL ANTHONYBOARD MEMBER
Trustee or director
1$0$0
HONORABLE PHILLIPS ARMSTRONGBOARD MEMBER
Trustee or director
1$0$0
DR ANN D BIEBERBOARD MEMBER
Trustee or director
1$0$0
GUNNAR BRUNIUSBOARD MEMBER
Trustee or director
1$0$0
TOM IKEBOARD MEMBER
Trustee or director
1$0$0
ADAM GALCZYSKIBOARD MEMBER
Trustee or director
1$0$0
DR LISA GREENAWALTBOARD MEMBER
Trustee or director
1$0$0
REV JAMES GREENFIELDBOARD MEMBER
Trustee or director
1$0$0
HONORABLE DAN HARTZELLBOARD MEMBER
Trustee or director
1$0$0
T ANTHONY IANNELLIBOARD MEMBER
Trustee or director
1$0$0
NEAL KOPLINBOARD MEMBER
Trustee or director
1$0$0
MICHAEL LANDSBURGBOARD MEMBER
Trustee or director
1$0$0
SUSAN LARKINBOARD MEMBER
Trustee or director
1$0$0
HONORABLE LAMONT MCCLUREBOARD MEMBER
Trustee or director
1$0$0
MICHELE MCGRATHBOARD MEMBER
Trustee or director
1$0$0
SHELLY MCWILLIAMSBOARD MEMBER
Trustee or director
1$0$0
ALEX MICHAELSBOARD MEMBER
Trustee or director
1$0$0
RAYMOND MIDLAMBOARD MEMBER
Trustee or director
1$0$0
HONORABLE SAL PANTO JRBOARD MEMBER
Trustee or director
1$0$0
HONORABLE J WILLIAM REYNOLDSBOARD MEMBER
Trustee or director
1$0$0
DR TINA Q RICHARDSONBOARD MEMBER
Trustee or director
1$0$0
JULIEN SAUVAGNARGUESBOARD MEMBER
Trustee or director
1$0$0
LOREN SPEZIALEBOARD MEMBER
Trustee or director
1$0$0
CAROLYN STENNETTBOARD MEMBER
Trustee or director
1$0$0
HONORABLE MATT TUERKBOARD MEMBER
Trustee or director
1$0$0
R SCOTT UNGERBOARD MEMBER
Trustee or director
1$0$0
HONORABLE TARA ZRINSKIBOARD MEMBER
Trustee or director
1$0$0
CHRISTINE MARTINBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
520 N NEW STREET, BETHLEHEM, PA 18018-5795
Principal officer (990 for 2025)
DONALD T CUNNINGHAM JR, 520 N NEW STREET, BETHLEHEM, PA 18018
Signed the 990
DONALD T CUNNINGHAM JR, PRESIDENT & CEO
Phone
(610) 266-6775
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

THE MISSION OF THE LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION IS TO MARKET THE ECONOMIC ASSETS OF THE LEHIGH VALLEY AND TO CREATE PARTNERSHIPS TO SUPPORT THE RECRUITMENT, GROWTH AND RETENTION OF EMPLOYERS, AND THE CREATION OF JOBS FOR PEOPLE OF ALL SKILL AND EDUCATION LEVELS.

990 for the year ended December 31, 2025

Program accomplishments

  • ECONOMIC DEVELOPMENT - MARKET THE ECONOMIC ASSETS OF THE LEHIGH VALLEY, RECRUIT COMPANIES IN TARGETED ECONOMIC SECTORS, SUPPORT THE GROWTH AND RETENTION OF NEW AND EXISTING EMPLOYERS, PROMOTE AND COORDINATE A SKILLED AND PREPARED WORKFORCE, PROVIDE INTELLIGENCE AND DATA ON THE LEHIGH VALLEY ECONOMY, EXPAND PUBLIC AND PRIVATE PARTNERSHIPS FOR ECONOMIC GROWTH.
    Expenses $2,662,618 · grants $27,000 · revenue $464,222

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-2798276
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,921,444
Income (IRS master file)
$3,570,263

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$3,570,263$3,468,705$5,921,444XML
990December 2024$3,337,616$3,346,968$5,938,614XML
990December 2023$3,329,962$3,111,526$6,107,133XML
990December 2022$3,199,006$3,060,552$6,009,502IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 23-2798276).

Questions about LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION is 23-2798276.
Is LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 names DONALD T CUNNINGHAM JR.
Who are the officers and directors of LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 48 people; 7 received compensation from the organization, the highest $289,622 (DONALD T CUNNINGHAM JR, PRESIDENT/CEO).
How much revenue does LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,570,263, expenses of $3,468,705 and total assets of $5,921,444 at year end.

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