Nonprofit · EIN 33-4532914
BARRETT ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · CRESCO, PA 18326
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $263,649 | $34,346 | $229,303 | $229,303 | $0 | $229,303 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $262,584
- Program service revenue
- $0
- Investment income
- $1,065
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $11,939
- Program services (functional)
- $19,952
- Management and general (functional)
- $14,394
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $229,303
- Total liabilities, end of year
- $0
- Net assets, end of year
- $229,303
- Gross receipts
- $263,649
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2025
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH B AUBREY SELENSKI | DIRECTOR Trustee or director | 40 | $0 |
| ELLIOT DEE | DIRECTOR Trustee or director | 40 | $0 |
| MICHAEL ALLEGRETTI | CHAIRMAN Officer | 40 | $0 |
| ELMER DAVID CHRISTINE | TREASURER Officer | 40 | $0 |
| KARL MANFRED WEILER | SECRETARY Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 1 WEILER DR, CRESCO, PA 18326-9804
- Principal officer (990 for 2025)
- MICHAEL ALLEGRETTI, 1 WEILER DR, CRESCO, PA 18326
- Signed the 990
- MICHAEL ALLEGRETTI, CHAIRMAN
- Phone
- (570) 656-6049
- Website
- HTTPS://BETTERBARRETT.ORG
- Return prepared by
- TROUT CPA
Mission
TO STRENGTHEN AND SUPPORT THE BARRETT COMMUNITY BY ENHANCING THE LOCAL ECONOMY AND THE ECONOMIC OPPORTUNITIES OF TOWN RESIDENTS.
Program accomplishments
- PROVIDE FINANCIAL ASSISTANCE TO ENTERPRISES LOCATED IN BARRETT TOWNSHIP, FACILITATE ACCESS TO CAPITAL AND INVESTMENT OPPORTUNITIES FOR BUSINESSES THAT CONTRIBUTE TO LOCAL ECONOMIC DEVELOPMENT, SUPPORT AND FUND PROJECTS AIMED AT RESTORING AND IMPROVING DISTRESSED NEIGHBORHOODS IN THE TOWNSHIP, AND PARTNER WITH GOVERNMENT AGENCIES, AND COMMUNITY GROUPS TO MAXIMIZE THE IMPACT OF ECONOMIC DEVELOPMENT INITIATIVES.Expenses $19,952
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 33-4532914
- 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
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $229,303
- Income (IRS master file)
- $263,649
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $263,649 | $34,346 | $229,303 | XML |
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 33-4532914).
Questions about BARRETT ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of BARRETT ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of BARRETT ECONOMIC DEVELOPMENT CORPORATION is 33-4532914.
- Is BARRETT ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to BARRETT ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BARRETT 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 BARRETT 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 BARRETT 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 BARRETT ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names MICHAEL ALLEGRETTI.
- Who are the officers and directors of BARRETT ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does BARRETT ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $263,649, expenses of $34,346 and total assets of $229,303 at year end.
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