Nonprofit · EIN 24-6018088
LACKAWANNA INDUSTRIAL FUND ENTERPRISES
Tax-exempt · SCRANTON, PA 18503
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $276,354 | $367,255 | -$90,901 | $7,626,235 | $46,418 | $7,579,817 |
| June 30, 2024 | 990 | $144,930 | $330,735 | -$185,805 | $7,432,965 | $34,706 | $7,398,259 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $276,354
- Net gain from sales of assets
- $124,595
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $65
- Accounting fees
- $1,700
- Depreciation
- $59,954
- Program services (functional)
- $59,954
- Management and general (functional)
- $307,301
Balance sheet and other
- Total assets, start of year
- $7,432,965
- Total assets, end of year
- $7,626,235
- Total liabilities, end of year
- $46,418
- Net assets, end of year
- $7,579,817
- Land, buildings and equipment
- $1,238,283
- Publicly traded securities
- $5,050,673
- Net assets without donor restrictions
- $7,579,817
- Gross receipts
- $977,379
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1950
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY HOLLANDER CPA | PRESIDENT Trustee or director, Officer | 1 | $0 |
| KRISTEN NOLL | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| GEORGE SWEDA | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| GERALD ZABOSKI | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| DANIEL SANTANIELLO | TREASURER Trustee or director, Officer | 1 | $0 |
| ROBERT DURKIN | SECRETARY Trustee or director, Officer | 1 | $0 |
| HOLLY R CARRON | DIRECTOR Trustee or director | 1 | $0 |
| GERARD CHAMPI | DIRECTOR Trustee or director | 1 | $0 |
| MARIA CONIGLIARO | DIRECTOR Trustee or director | 1 | $0 |
| MARCELO DESOUSA | DIRECTOR Trustee or director | 1 | $0 |
| KATHLEEN GALLAGHER | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN KELLY | DIRECTOR Trustee or director | 1 | $0 |
| PAUL MACKAREY JR | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN MAGNOTTA | DIRECTOR Trustee or director | 1 | $0 |
| RYAN MCGOWAN | DIRECTOR Trustee or director | 1 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID PATCHCOSKI | DIRECTOR Trustee or director | 1 | $0 |
| LORI RUDALAVAGE | DIRECTOR Trustee or director | 1 | $0 |
| SEAN ANN SCHOEN | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN TURCMANOVICH | DIRECTOR Trustee or director | 1 | $0 |
| MANI VELAGA | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GERALD CHAMPI | PRESIDENT Trustee or director, Officer | 1 | $0 |
| AMY HOLLANDER CPA | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| CYNTHIA YEVICH | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| GERALD ZABOSKI | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| DANIEL SANTANIELLO | TREASURER Trustee or director, Officer | 1 | $0 |
| ROBERT DURKIN | SECRETARY Trustee or director, Officer | 1 | $0 |
| HOLLY R CARRON | DIRECTOR Trustee or director | 1 | $0 |
| MARCELO DESOUSA | DIRECTOR Trustee or director | 1 | $0 |
| LAURA DUCCESCHI | DIRECTOR Trustee or director | 1 | $0 |
| KATHLEEN GALLAGHER | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN KELLY | DIRECTOR Trustee or director | 1 | $0 |
| DR PAUL MACKAREY JR | DIRECTOR Trustee or director | 1 | $0 |
| RYAN MCGOWAN | DIRECTOR Trustee or director | 1 | $0 |
| MICHELE M NEARY | DIRECTOR Trustee or director | 1 | $0 |
| KRISTEN NOLL | DIRECTOR Trustee or director | 1 | $0 |
| DAVID PATCHCOSKI | DIRECTOR Trustee or director | 1 | $0 |
| SEAN ANN SCHOEN | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE R SWEDA | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN TURCMANOVICH | DIRECTOR Trustee or director | 1 | $0 |
| MANI VELAGA | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 222 MULBERRY ST, SCRANTON, PA 18503-1210
- Principal officer (990 for 2024)
- ROBERT F DURKIN, 222 MULBERRY STREET, SCRANTON, PA 18503
- Signed the 990
- ROBERT F DURKIN, SECRETARY
- Phone
- (570) 342-7711
- Return prepared by
- MMQ & ASSOCIATES PC
Mission
ASSISTS IN THE DEVELOPMENT OF PROJECTS TO CREATE JOBS AND PROMOTE THE GENERAL WELFARE OF THE CITIZENS OF LACKAWANNA COUNTY.
Program accomplishments
- ASSISTS IN THE DEVELOPMENT OF PROJECTS TO CREATE JOBS AND PROMOTE THE GENERAL WELFARE OF THE CITIZENS OF LACKAWANNA COUNTY.Expenses $59,954
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 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 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 24-6018088
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1950
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,626,235
- Income (IRS master file)
- $977,379
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $276,354 | $367,255 | $7,626,235 | IRS |
| 990 | June 2024 | $144,930 | $330,735 | $7,432,965 | XML |
| 990 | June 2023 | $54,575 | $277,071 | $7,230,899 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | 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 24-6018088).
Questions about LACKAWANNA INDUSTRIAL FUND ENTERPRISES
- What is the EIN of LACKAWANNA INDUSTRIAL FUND ENTERPRISES?
- The employer identification number (EIN) of LACKAWANNA INDUSTRIAL FUND ENTERPRISES is 24-6018088.
- Is LACKAWANNA INDUSTRIAL FUND ENTERPRISES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1950.
- Are donations to LACKAWANNA INDUSTRIAL FUND ENTERPRISES tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LACKAWANNA INDUSTRIAL FUND ENTERPRISES 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 LACKAWANNA INDUSTRIAL FUND ENTERPRISES 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 LACKAWANNA INDUSTRIAL FUND ENTERPRISES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LACKAWANNA INDUSTRIAL FUND ENTERPRISES?
- The 990 for the year ended June 30, 2025 names ROBERT F DURKIN.
- Who are the officers and directors of LACKAWANNA INDUSTRIAL FUND ENTERPRISES?
- The 990 for the year ended June 30, 2025 lists 20 people; 0 received compensation from the organization.
- How much revenue does LACKAWANNA INDUSTRIAL FUND ENTERPRISES have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $276,354, expenses of $367,255 and total assets of $7,626,235 at year end.
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